income segmentation

income segmentation

a form of MARKET SEGMENTATION which divides consumers into groups according to their income levels. See SOCIOECONOMIC GROUP.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
Income segmentation also shifted significantly upward.
Mumbai, Maharashtra, March 9 -- Kishore Biyani stated that in order to build successful consumer focused businesses in India, entrepreneurs need to move away from income segmentation to community segmentation.