income segmentation

income segmentation

a form of MARKET SEGMENTATION which divides consumers into groups according to their income levels. See SOCIOECONOMIC GROUP.
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.
Asparity is also introducing results for income segmentation, tax savings, and high-cost utilizers in the Annual Report this year.