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Plain Talk
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The Power of Customer Data for Targeted Marketing
From The Buxton Co As a marketing professional, you are the expert on your customer. To target them, you need to understand them at a granular level, identifying exactly what makes them tick (and more importantly, what makes them purchase). Data is the key to answering the most important question for all marketers: Why?
The Data For instance, a fast‑food restaurant chain may be interested in expanding their operations to a specific metroplex. Buxton identifies where their target audience works, shops and spends their time. We can then show you how many of those consumers are interested in a particular food category and the frequency that they will dine outside of their homes each week using deidentified customer behavioral data. These preferences are essential components of your consumer’s personality, and the foundation upon which they make their decisions. Once you understand your customer, you can begin to speak to them.
How to Target Your Ideal Customer
Your personality is composed of so much more than your age group or gender identity. Similarly, your customers are so much more than their demographics. When you view your ideal customer as a person rather than a consumer, you can see their unique attributes and influences. To visualize them as a person, you must understand them on a personal level. Buxton’s data helps paint a full picture of your customer by identifying their unique likes and dislikes, the social media platforms they prefer and the type of activities they typically perform. With consumer behavior data, we can identify exactly where your customers prefere to shop. We know how much time they will spend at both your store and your competitors’ stores. We also help you identify the best cotenants for your business and show you where they are building their presence. Buxton provides unique insight into the personality traits and buying behaviors of your customers to understand the driving factors behind their purchase decisions.
If you have an opinion on the retailing or retail real estate industries, take this opportunity to share your thoughts. Articles should run between 400 and 800 words. Topics can, be general in nature, consumer observation or specific to retail concepts or practices. Articles will be posted for at least one week and will then be placed in the Editorial Archives. All articles submitted will be read and considered but we cannot guarantee publication. Each published article will carry the submitters byline (if desired) and is a free service to our community. Article ideas and suggestions are also always welcomed. Contact PVS@PlainVanillaShell.com
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