consumers on the move

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CONSUMERS ON THE MOVE J.D. Crook John Hadden

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Consumers on the Move. J.D. Crook John Hadden. Core Marketing Questions. Who buys from me? What are they going to buy from me? Where can I find them geographically? How can I best communicate with them? New Questions: When? On what screen?. - PowerPoint PPT Presentation

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Page 1: Consumers on the Move

CONSUMERS ON THE MOVEJ.D. CrookJohn Hadden

Page 2: Consumers on the Move

Core Marketing Questions• Who buys from me?• What are they going to buy from me?• Where can I find them geographically?• How can I best communicate with them?

• New Questions:• When?• On what screen?

Page 3: Consumers on the Move

Where Segmenting a Customer Database Started

• PRIZM (Potential Ratings in ZIP Markets)• Started in 1970 by analyzing census data• Combines geographic and demographic characteristics of

neighborhoods• Labels neighborhoods with geodemographic segment codes

Page 4: Consumers on the Move

What’s Changed• Advances in computing

technology• Household-level data• Tracking “life stage”

changes• To gain an advantage over

the competition• Intrusive but practical

Page 5: Consumers on the Move

Computer Advertising• Right now most online advertising is done in an untargeted “spray and pray” style

• Selling information• “Trust is the cornerstone

of our business. People will only use Facebook if they trust us”

• Tracking Cookies• Site A -> Site B• Ad’s been seen 200

times, clicked on 4

Page 6: Consumers on the Move

Cable Advertising• Hopes to become direct marketing vehicle• PersonicX Classic: 70 clusters and 21 life stages

comprise this household-level segmentation schema• Maybe some day…

Page 7: Consumers on the Move

Mobile Advertising• Interruptive Marketing vs Utility Marketing• P&G “Utility Apps”

• Stain Brain, Iams Vet 24/7, Crunch Band• Cheaper to produce Utility app than a single TV ad• Catered Advertising – Opt in Advertising• New York Startup