How can you segment luxury car customers effectively?
Segmenting luxury car customers effectively is a key skill for automotive sales professionals who want to boost their conversions and retention rates. Luxury car customers are not a homogeneous group, but have different preferences, motivations, and behaviors that influence their buying decisions. By understanding these differences and tailoring your sales approach accordingly, you can create more value for your customers and increase your sales performance. In this article, we will show you how to segment luxury car customers effectively based on four main criteria: demographics, psychographics, behavioral, and geographic.