SEGMENTATION:MANAGING THE ROCK STAR OF BRAND INSIGHT.
SEGMENTATION OWNS AN UNEVEN REPUTATION.
FANS who have witnessed its power when thoughtfully
harnessed
FOES who have seen it suck time and energy from
flawed application
THAT SAID, WE BELIEVE: IT’S A ROCK STAR TOOL FOR BRANDS TO BUILD STRONGER BONDS WITH CONSUMERS
THAT SAID, WE BELIEVE: IT’S A ROCK STAR TOOL FOR BRANDS TO BUILD STRONGER BONDS WITH CONSUMERSLIKE MANY ROCK LEGENDS, IT NEEDS GOOD MANAGEMENT
GOOD MANAGEMENT = STEERING CLEAR OF THE TRAPS THAT CAN CRIPPLE YOUR STUDY.
TRAPS THAT CAN CRIPPLE YOUR STUDY:
LOOKING THROUGH
THE WRONG LENS
NOT DIGGING
DEEP ENOUGH
FAILURE TO ANTICIPATE POSSIBLE OUTCOMES
THINKING YOUR TARGET WILL BE
OBVIOUS
FAILURE TO TEST THE ACTIONABILITY
OF SEGMENTS
YOU’RE USED TO LOOKING AT YOUR BUSINESS FROM THE PERSPECTIVE OF YOUR BUSINESS.
YOUR CONSUMER DOESN’T.
TRAP #1:
USE THE WRONG LENS, AND YOU SEE THE WRONG THING
YOU’RE USED TO LOOKING AT YOUR BUSINESS FROM THE PERSPECTIVE OF YOUR BUSINESS.
YOUR CONSUMER DOESN’T.
PERIOD.
TRAP #1:
USE THE WRONG LENS, AND YOU SEE THE WRONG THING
WHEN DOING A SEGMENTATION STUDY:
ASK QUESTIONS THAT LET YOUR CONSUMER TELL YOU HOW THEY VIEW YOUR CATEGORY AND YOUR BRAND.
TRAP #1:
WHEN DOING A SEGMENTATION STUDY:
ONLY THEN WILL YOU FIND A MEANINGFUL WAY TO BREAK THROUGH AND FORGE A STRONG BOND WITH HER.
TRAP #1:
WRONG LENS ALERT!
TRAP #1:
SEGMENT NAMES LIKE:
ARE SIGNS THAT YOU’RE LOOKING AT YOUR BUSINESS FROM YOUR PERSPECTIVE…
WRONG LENS ALERT!
TRAP #1:
NOT YOUR CONSUMERS.
SEGMENT NAMES LIKE:
ARE SIGNS THAT YOU’RE LOOKING AT YOUR BUSINESS FROM YOUR PERSPECTIVE…
NOT DIGGINGDEEP ENOUGH
TRAP #2:
GOOD THINGS HAPPEN TO THOSE WHO DIG DEEPER.
TRAP #2:
YOU’LL AVOID CREATING FLAT, UNINSPIRED SEGMENTS.
DRIVE YOUR QUESTIONNAIRE TO EXPLORE A BROAD RANGE OF EMOTIONAL DIMENSIONS.
TRAP #2:
SO, ASK…
TRAP #2:
DOES A LONGER QUESTIONNAIRE TAKE LONGER? SURE.
TRAP #2:
DOES A LONGER QUESTIONNAIRE TAKE LONGER? SURE.
DO THE RESULTS JUSTIFY IT? YOU BET.
TRAP #2:
FAILURE TO ANTICIPATE POSSIBLE OUTCOMES
TRAP #3:
3 THINGS TO REMEMBER ANTICIPATE. ANTICIPATE. ANTICIPATE.
TRAP #3:
YOU KNOW A LOT ABOUT:
TRAP #3:
USE THAT KNOWLEDGE TO HYPOTHESIZE WHAT THE SEGMENTS MIGHT BE.
THEN CREATE THE QUESTIONS TO FIND OUT FOR SURE.
TRAP #3:
THINK YOUR SEGMENTS ARE ACTIONABLE?ASK YOUR INNER MARKETER TO PROVE IT.
TRAP #4:
TRICKY PART: THERE IS NEVER JUST ONE SOLUTION IN SEGMENTATION.THERE ARE ALWAYS MANY POSSIBLE SEGMENTATION OUTPUTS.
TRAP #4:
HOW DO YOU IDENTIFY THE BEST SEGMENTATION OUTPUT?
TRAP #4:
HOW DO YOU IDENTIFY THE BEST SEGMENTATION OUTPUT?
TRAP #4:
ASK YOURSELF…
TRAP #4:
DOES EACH SEGMENT PROFILE IMMEDIATELY SPARK MARKETING IDEAS FOR THAT SEGMENT?
DOES EACH SEGMENT PROFILE IMMEDIATELY SPARK MARKETING IDEAS FOR THAT SEGMENT?
NODDING YES? YOU’RE ON YOUR WAY TO SUCCESS.
TRAP #4:
THE ONLY OBVIOUS THING ABOUT TARGETS IS THAT THEY ARE SELDOM OBVIOUS.
TRAP #5:
SOMETIMES IT’S VERY CLEAR WHOM YOU NEED TO TARGET. SOMETIMES IT’S NOT.SO HOW DO YOU PICK? CLICK ON FOR SOME THOUGHTS TO GUIDE YOU…
TRAP #5:
LOOK FIRST AT SEGMENTS THAT CONTAIN A LOT OF YOUR CURRENT BRAND USERS
YOUR CORE USERS KNOW AND LOVE YOUR BRAND.
IF YOU CAN MEET YOUR BUSINESS GOALS BY STAYING FOCUSED ON THE PEOPLE WHO ALREADY LOVE YOU…
GO FOR IT!
TRAP #5:
UNFORTUNATELY, BUSINESS GOALS OFTEN REQUIRE REACHING BEYOND CURRENT USERS.
IF THAT’S THE CASE FOR YOU…
LOOK AT BRAND SWITCHERS OR OCCASIONAL USERS NEXT
TRAP #5:
BUT WATCH OUT IF THESE OCCASIONAL BUYERS ARE HEAVILY PRICE DRIVEN. SOMEONE WILL ALWAYS GO LOWER AND LURE YOUR TARGET AWAY.
TRAP #5:
FINALLY, LOOK AT CONVERTING NONUSERS
THIS PRESENTS THE MORE DIFFICULT CHALLENGE, BUT A MORE LUCRATIVE REWARD.
PURE INCREMENTAL SALES.
TRAP #5:
SEGMENTATION IS A POWER TOOL.
BIG FINISH:
SEGMENTATION IS A POWER TOOL.
IT HELPS YOU SEE THE MARKET THROUGH THE EYES OF CONSUMERS.
IT IDENTIFIES WHO YOUR CORE TARGET COULD BE TO HELP YOU GROW YOUR BUSINESS.
IT CAN INSPIRE A MORE MEANINGFUL CONNECTION.
BIG FINISH:
REMEMBER:YOU CONTROL JUST HOW POWERFUL A TOOL SEGMENTATION WILL BE.
AFTER ALL, IT’S THE MANAGER WHO BOOKS ANY SELF-RESPECTING ROCK STAR’S GIGS.
608.256.6357HIEBING.COM
WANT SEGMENTATION TO PERFORM BRILLIANTLY FOR YOU?
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