…location-based data as a strategic asset? If not, let’s chat. Here’s my email address: markailsworth@simmachines.com. Let’s talk about how location data + segmentation can be a game-changer for your business…….
Location-Based Data for Customer, Advertising, and Competitive Insights By Mark Ailsworth Today’s modern marketers are expected to be data-driven, with every choice backed by a data component which guides decision……
…is that it is dynamic (versus static) and as new signals come in about customers, individuals are moved between segments. For example, if you are a national restaurant chain and……
...and banners for the programmatic display teams. A sub-sub-sub segment might be Home Entertainment->Gaming->Sports Games->Football. Different granularity needs lead to multiple segmentation models As you can see from the above……
…media mix, messaging, and maybe even your goals. So, it’s more about how fast your marketing can re-align to new segmentation rather than waiting for an annual or biannual refresh…….
...for? Reach out now via our online form, email us directly at info@simmachines.com, or call us now at 260-632-7378. Let’s chat so that we can answer any questions you have……
…than customer insights…location-data that drives targeting, message personalization, measurement, and optimization will all be affected. If your brand leverages location-based data—either through 3rd parties that use it or via your……
…year-over-year or quarter-over-quarter data that is anywhere near valid right now. Who are the new customer segments for your location-based business? What’s the market share of your “buy-online-pickup-at-the-store” segment versus……
…This is the simplest approach and doesn’t require advanced analytics. Customers are divided up by basic attributes such as demographics or location. They are base-level at best and may have……
…change behavior and preferences… Your segmentation can’t be a “set-it-and-forget” once a year exercise. Assignment score (pick one) +1 point if segment assignment is set annually (or even less often)……