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Claritas Prizm Premier Segment Narratives 2022 free printable template

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CLARITAS PRIZM PREMIER SEGMENT NARRATIVES 2022Copyright 2022 Claritas, LLC. All rights reserved. Confidential and proprietary.TABLE OF CONTENTS Contents Table of Contents ..........................................................................................................
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How to fill out Claritas Prizm Premier Segment Narratives

01
Gather demographic and psychographic data about your target audience.
02
Access the Claritas Prizm Premier platform and navigate to the 'Segment Narratives' section.
03
Identify the specific segments that are relevant to your research or marketing objectives.
04
Review the provided narrative templates for each segment to understand their characteristics.
05
Customize the narrative by inserting relevant data points, statistics, and insights pertaining to your audience.
06
Highlight key preferences, behaviors, and lifestyle attributes of each segment.
07
Use clear and concise language to ensure the narratives are easily understandable.
08
Validate the information with additional market research if necessary.
09
Save and share the narratives with your team or stakeholders.

Who needs Claritas Prizm Premier Segment Narratives?

01
Marketing professionals aiming to target specific consumer segments.
02
Businesses looking to enhance their customer understanding and engagement.
03
Researchers conducting studies on consumer behavior.
04
Advertisers seeking to tailor their campaigns to specific demographics.
05
Strategic planners in organizations who need insights for product development.
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PRIZM Premier is a consumer segmentation system that classifies every U.S. household into one of 68 consumer segments. The segments are defined ing to socioeconomic rank including characteristics such as income, education, occupation, home value, Income Producing Assets (IPA) indicators, and technology use.
PRIZM assumes that similar households in the same neighborhood share similar characteristics such as demographic data (i.e., age, race, education level, marital status, etc.), and variables such as lifestyle, attitudes and behaviors. PRIZM works by assigning all households in each neighborhood to a neighborhood group.
PRIZM® features 67 segments that capture current demographics, lifestyles and values in Canada. PRIZM is a registered trademark of Claritas, LLC.
PRIZM assumes that similar households in the same neighborhood share similar characteristics such as demographic data (i.e., age, race, education level, marital status, etc.), and variables such as lifestyle, attitudes and behaviors. PRIZM works by assigning all households in each neighborhood to a neighborhood group.
Examples of PRIZM Segmentation Group 01: the Upper Crust: In this segment, members are characteristically wealthy couples over 65 with their children already moved out. They are mostly learned with a postgraduate degree.
Claritas PRIZM Premier Lifestage Groups Within three Lifestage classes—Younger Years, Family Life, and Mature Years—the 68 segments are further grouped into 11 Lifestage Groups.

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Claritas Prizm Premier Segment Narratives are detailed descriptions of specific market segments identified by the Claritas Prizm system, which categorizes U.S. households based on demographics, behaviors, and lifestyles.
Businesses and organizations that utilize the Claritas Prizm segmentation for marketing, research, or strategic planning purposes may be required to file these narratives as part of their reporting or compliance processes.
To fill out Claritas Prizm Premier Segment Narratives, users should review the guidelines provided by Claritas, gather relevant data about their target segments, and input that information into the designated sections of the narrative form.
The purpose of Claritas Prizm Premier Segment Narratives is to provide a comprehensive understanding of market segments, enabling businesses to tailor their marketing strategies and improve customer engagement.
The information that must be reported includes demographic details, consumer behavior insights, lifestyle characteristics, and any relevant data that defines the targeted segments.
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