reaching the right audience for your brand

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Reaching the Right Audience for your Brand 4/29/2015 1

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Page 1: Reaching the Right Audience for Your Brand

Reaching the Right Audience

for your Brand

4/29/2015 1

Page 2: Reaching the Right Audience for Your Brand

K E R R I K R O M

• Research Director

• 14 years in Media & Market Research

TO D AY ’ S P R E S E N T E R S

L A U R E N R O T H

• Associate Media Director

• 10 years in Multi-Channel Media Planning Experience

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Page 3: Reaching the Right Audience for Your Brand

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Why is it important to reach the right audience?

How to reach the right audience?

What syndicated research tools should be used to determine the right audience?

Example of how to develop a deep understanding of the audience

TO D AY ’ S A G E N D A

R E A C H I N G T H E R I G H T A U D I E N C E F O R Y O U R B R A N D I S C R I T I C A L F O R S U C C E S S

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Page 4: Reaching the Right Audience for Your Brand

W H Y TA R G E T I N G ?

1. Ensure your messaging is resonating

with the correct person

2. Avoid waste on those that will not

convert to purchase

3. Only reach people that are in a need

or want state for a particular product

4. Value for consumers to learn about

products that are relevant and useful

T A R G E T P R O F I L E

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Page 5: Reaching the Right Audience for Your Brand

4/29/2015 5

B U I L D I N G A U D I E N C E F O U N D AT I O N

U S E R & P U R C H A S E R

Someone who purchases

the product and uses it for

themselves

U S E R

A person that is the end

user of a given product

P U R C H A S E R

HOW YOU TARGET THESE IND IV IDUALS WILL DEPEND ON IF THEY

ARE AN EXIST ING CONSUMER V. NEW CONSUMER TO THE

CATEGORY OR BRAND

A person that purchases

the product but does not

use for themselves

Page 6: Reaching the Right Audience for Your Brand

4/29/2015 6

E S TA B L I S H I N G T H E TA R G E T

C L I E N T D E F I N E D TA R G E T

Client has completed upfront

research to identify who their buying

and user target is

C L I E N T B R O A D TA R G E T TA R G E T U N K N O W N

Client knows who they need to

reach generally, but does not have

specific guidance on who they are

Client is not clear on who they

should be reaching with their

advertising efforts

S Y N D I C AT E D R E S E A R C H

D E M O G R A P H I C A N A LY S I S

B E H AV I O R A L A N A LY S I S

M E D I A C O N S U M P T I O N

C AT E G O R Y L A N D S C A P E

Page 7: Reaching the Right Audience for Your Brand

TA R G E T A N A LY S I S

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• Gender

• Age

• Income

• Marital Status

• Education

• Kids (presence and/or ages)

• Leisure Activities

• Psychographics

• Buying Styles

• Category Attitudes

• Product Usage

D E M O G R A P H I C A N A L Y S I S B E H A V I O R A L A N A L Y S I S

Page 8: Reaching the Right Audience for Your Brand

TA R G E T A N A LY S I S

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• Time Spent with Media

• Media Usage Analysis (Quintiles)

• Media Attitudes

• Media Behaviors & Engagement

• Media influence throughout the

purchase cycle

• Category Trends & Research

• Competitive Insights

• Who is using the competitive products

• The competitive media usage to determine

who they’re targeting

M E D I A C O N S U M P T I O N C A T E G O R Y L A N D S C A P E

Page 9: Reaching the Right Audience for Your Brand

B E H A V I O R A L A N A L Y S I S

D E M O G R A P H I C A N A LY S I S

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S Y N D I C AT E D

R E S E A R C H T O O L S

M E D I A C O N S U M P T I O N

Page 10: Reaching the Right Audience for Your Brand

H O W D O W E

A P P LY T H I S ?

Page 11: Reaching the Right Audience for Your Brand

H A I R C AT E G O RY

L A N D S C A P E

Use of hair treatments, serums, and oils is relatively low

14% use hair oils │ 10% use hair serums │ 9% use hair treatments

Women 18-54 report above-average usage Women 18-34 are the heaviest users

Source: Mintel 2013

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D E M O G R A P H I C A N D B E H AV I O R A L T R A I T S

Page 13: Reaching the Right Audience for Your Brand

E T HN I C I T Y % I N D E X

White 74.2% 98

African- American 11.6% 94

Asian 4.1% 138

Other 11.3% 114

Hispanic Origin 16.8% 113M E D I A N HHI: $66,808

A G E % I N D E X

18-24 22.8% 179

25-34 28.6% 164

35-44 23.6% 140

45-54 24.7% 133

E D U C A T I O N % I N D E X

Graduated College + 32.9% 115

Attended College 34.7% 120

Graduated High School

23.1% 78

F A M I L Y % I N D E X

Married 48.9% 92

Single 13.4% 70

Never Married 37.7% 137

Presence of Children 58.2% 148

H H I % I N D E X

$200,000+ 5.1% 105

$150,000-$199,999 7.2% 115

$100,00-$149,999 18.5% 120

$75,000-$99,999 13.3% 100

$50,000-$74,999 18.1% 98

$30,000-$49,999 16.6% 91

<$30,0000 21.2% 91

G E O G R A P H Y % I N D E X

New England 3.6% 76

Mid-Atlantic 15.7% 101

East Central 13.1% 108

West Central 15.8% 107

Southeast 20.2% 98

Southwest 12.1% 99

Pacific 19.5% 98

C O U N T Y % I N D E X

County A 42.7% 103

County B 31.3% 104

County C 13.9% 95

County D 12.1% 87

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M E D I A N AGE: 34.4

Source: GfK MRI Spring 2014

D E M O G R A P H I C

Page 14: Reaching the Right Audience for Your Brand

P S Y C H O G R A P H I C

• I love to mix and match high and low end designers

when putting together an outfit (141)

• I love keeping up with celebrity news and gossip (136)

• I consider my style to be trendy (128)

• I often use natural or organic beauty products (128)

• I'm willing to use the Internet to shop for fashion

products (128)

• I enjoy wandering the store looking for new, interesting

products (123)

• I only purchase products online when I have a coupon

or promotional code for the site (120)

W H O I S S H E ?

4/29/2015 14Source: GfK MRI Spring 2014

Page 15: Reaching the Right Audience for Your Brand

M E D I A C O N S U M P T I O N

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S H E S P E N D S M O R E T I M E W I T H M E D I A T H A N T H E

AV E R A G E W O M A N

Source: GfK MRI Spring 2014

10.8 magazine issues

read per monthvs. 10.4 for total women

19.4 hours spent

online per weekvs. 18.8 for total women

16.9 hours listening

to radiovs. 16.4 for total women

25.7 hours spent

watching TVvs. 32.7 for total women

- The target consumer is more likely to be a heavy Magazine and Internet user.

- She is moderate to light TV user.

Page 16: Reaching the Right Audience for Your Brand

“ S U P E R B E A U T Y ”

78% of Super Beauties stick to

tried-and-true brands

75% look to save as much money as possible

on products

70% Will pay extra for a product if it’s

made by a brand they trust

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Source: GfK MRI Spring 2014

W H O I S S H E ?

• The one friends and family go to for advice on a product before

making the purchase

• Information seekers

• Still purchasing the bulk of her cosmetics in-store

• Socially savvy

• Creature of habit but also willing to try new things

• Motivated primarily by price and more (and better) product choices

27% More likely to share her experience with your product

• Open to making online purchases but would rather purchase in-store

• 65% of those online have never made a digital beauty purchase but

are heavy consumers of media

• Rely on magazines to keep up-to-date and spends significant time

listening to the radio and surfing the web

• It may take driving her in-store to test your product, but rest assured

she will share her opinion

Page 17: Reaching the Right Audience for Your Brand

TA K I N G A S T E P B A C K

4/29/2015 17

Hone into the core person you are targeting with your advertising

efforts, you can then take the next steps to developing a

media strategy that meets your brand goals and objectives

From there we can develop the right plan for your budget

Page 18: Reaching the Right Audience for Your Brand

M E D I A S E L E C T I O N S A M P L E

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Page 19: Reaching the Right Audience for Your Brand

K E Y TA K E AWAY

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If you don’t define your target properly, you may be reaching

someone different than you want to.

WHO YOU WANT TO REACH WHO YOU’RE REACHING

Page 20: Reaching the Right Audience for Your Brand

A W E L L - D E F I N E D T A R G E T A U D I E N C E I S T H E C O R E F O U N D AT I O N O F A M A R K E T I N G S T R A T E G Y

S U M M A RY

4/29/2015 20

DEMOGRAPHIC

BEHAVIORAL

CATEGORY LANDSCAPE

MEDIA CONSUMPTION

Page 21: Reaching the Right Audience for Your Brand

W H AT ’ S N E X T ?

New York

276 5th Ave

Suite 407

NY, NY 10001

212.673.4500

Westport

1221 Post Rd. East

Suite 201

Westport, CT 06880

203.256.0880

womensmarketing.com

Thank You for joining this webinar, part of our How Media Builds Brands series,

with media experts Kerri Krom and Lauren Roth.

Next time, we’ll focus on…

KEY CONSIDERATIONS WHEN DEVELOPING

MEDIA BUDGETS

Have questions or want to learn more?

Contact Marlea Clark at

[email protected]