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Week 3: Selecting the Target Audience

rj945 MARK333 English

Week 3: Selecting the Target Audience

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Week 3: Selecting the Target Audience

  1. Chapter 6

  2. Step 1: Selecting Target Audience

    • Key Concepts
      • Brand loyalty: reflection of awareness, attitudes and behaviour
        • attitude of target audience
  3. Broad Target Audience Groupings

    • Target Audience Groups
      • 5 buyer groups:
        • Brand loyals: regualarly buy your brand in a category
          • Favourate brand switchers: who buy your brand but also buy competitor brands
            • Other brand switchers: more than one competitor brand but NOT your brand
              • New category users: who are entering the category for the first time or re-entering after a long time
    • Antonides and van Raaij target audience in three levels:
      • General groups: defined by descriptive characteristics such as standard demographics and lifestyle variables
        • Domain-specific groups: defined in terms of characteristics associated with a product category
          • Brand-specific groups: described in terms of such things as brand loyalty, beliefs about a brand and buying intentions
  4. Loyalty in Target Audience Selection

    • brand loyalty/ bran attitude/ brand equity
    • degree of loyalty to brand & competition
    • loyalty = purchase brand based on awareness of it/ level of preference
    • brand switchers = moderate prefernces
    • Loyalty Model Gourpings - how involved a person is with the categoy/how satisfied
    • loyal = highly satisfied with brand/ unlikely to swtich
      • Vulnerable = satisfied with brand, but little perceived risk in switching
        • Frustrated = not satisfied with their brand, but feel that the risk is greater than potential gain in switching
          • switchable - neither satisfied with brand nor inhibited in switching
    • strong brand equity = reducing vulnerability to competitor
  5. Costs in Selecting a Target Audience

    • a trial objective - cost of gaining these new customers
    • Repeat purchaser objective = increasing usage
    • cost greater when gaining new users
  6. Profiling Target Audience

    • Personality Traits
      • Self Esteem
        • Simple message = lower self esteem = more likely persuaded
          • Complex = high self esteem = more pursuded
      • Intelligence
        • more intelligent = lesser repetition
          • ability to deal with complex message
      • Introversion/Extroversion
        • extroverts like novelty and change
        • introverts value privacy & close friends
      • variables affecting persuasion
    • General level characteristics - permanent characteristics of people such as:
      • objective characteristics - age/income/ residence
        • subjective - lifestyle/personality
  7. Segementation

    • Defining target MARKET not audience
      • But select target market THEN identify target audience
    • Variable is ATTITUDE
  8. Links to Communication Strategy

    • fundamental distinction between customers and non
      • vulnerables - need to have their brand attitude strengthened
        • frustrated and switchable - require building of a more favourable brand attitude (because of lower satisfaction)
          • Loyals - part of target audience - essetnatial to maintain postitive brand attitude

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MARK333 Mind Map on Week 3: Selecting the Target Audience, created by rj945 on 05/04/2015.
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