target marketing & segmentation through research
DESCRIPTION
Target Marketing & Segmentation through Research. Objectives for Doing Research. To help define positioning and strategy To provide a basis for making decisions about campaign ideas To provide a basis for final decisions about the suitability of a campaign to run - PowerPoint PPT PresentationTRANSCRIPT
Target Marketing & Target Marketing & Segmentation through Segmentation through
ResearchResearch
Objectives for Doing Objectives for Doing ResearchResearch
To help define positioning and strategy
To provide a basis for making decisions about campaign ideas
To provide a basis for final decisions about the suitability of a campaign to run
To help advertisers understand the impact of advertising after it has run
When To Research?: When To Research?: Planning Stage ResearchPlanning Stage Research
The objectives at this stage are to identify
1. At whom should the advertising be aimed?• Helps marketers develop a “richer” target market
profile
2. What makes our product unique?• Important attributes; usage occasion; etc.
Distinguishing Target Markets Distinguishing Target Markets from Market Segmentsfrom Market Segments
A market segment is a sub-population of a target market
Members of a market segment share similarities with members within the group
However, they differ on a specific criteria from the larger target market
Criteria For SegmentationCriteria For Segmentation
Unique Important distinctions can be made in terms of
targeting variables
Sizable The segment is large enough to be profitable
Reachable Consumers in the segment can be reached by
an appropriate marketing mix
When To Research?: When To Research?: Planning Stage ResearchPlanning Stage Research
3. What is the product/brand’s intended effect on the target market?
– Helps marketers identify benefits to the target market
– Helps to develop a brand positioning
Facilitated with Consumer Facilitated with Consumer InsightsInsights
A “nugget” of information that helps the marketer understand the consumer more deeply, simply, or clearly
It has the potential to competitively distinguish one brand from another
Where Do They Come From?Where Do They Come From?
Insights originate from a consumer perspective
Opportunities for generating insights may include: experience attitudes values needs perceptions feelings Others
Discovering Brand Discovering Brand Positioning OpportunitiesPositioning Opportunities
Research facilitates discovering of the brand positioning opportunity
That point or place where a the consumer insight connects with the brand insight
An understanding of what the brand offers that the consumer values
When To Research?: When To Research?: Planning Stage ResearchPlanning Stage Research
4. What is marketing communication’s intended effect on the target audience?
• What should be said? (message)• How should it be said? (tone, delivery)• Where/when should it be said (media
placement)
When To Research?: When To Research?: Campaign DevelopmentCampaign Development
During the pre-testing stage, research can facilitate direction in terms of
Creative Ideation
Conceptual development (roughs)
Copy development (communication)
When To Research?: Copy When To Research?: Copy Testing StageTesting Stage
Do marketing communications address the proposed communication strategy?
Recall: Jenny Craig Example“Willpower in my pocket”
When To Research?: Post-When To Research?: Post-testingtesting
After advertising or marketing communication exposure, results should be tracked against marketing and communication objects to aid in understanding what worked and what didn’t.
Caveats for ResearchCaveats for Research
Advertising’s effectiveness can not be evaluated in a vacuum (remember there are intervening variables)
Copy testing is an aid to decisions, it should not be the decision in an of itself.