Yesterday, I enjoyed listening to the presentation give by Shawn Utke, VP, Brand Insights & Research, Panera Brand.
He discussed how marrying attitudinal segmentation data with behavioral data revealed interesting insights.
At Panera, they originally identified a singular target through their segmentation research: The "EFI" (female oriented, higher income target) who had a propensity to fall in love with Panera and acted like brand advocates.
Panera wanted to do something different than what many in the category call "food porn." So, they targeted their messaging and called it, "Make Today Better" which was about leaving Panera better than when you came in. They also added some of the yummy items I love (I guess I'm an EFI:)…Strawberry Poppyseed dressing and Fuji Apple Chicken Salad, Egg White sandwiches. Yummy!!
However, after collecting and analyzing behavioral data along with their segmentation data, it suggested their customer target might not as valuable as they originally thought.
"Once you have 'big data", he said, "it's a blessing and a curse because you start learning what you don't know."
The next question became "why the gap?"
Is the former target still the right target?
Is there a secondary target we should be directly serving?
This gave them the opportunity as an organization to strategically search for a solution based on their most important dimensions: media buying, time of day, specific menu items. And ultimately, led them to a more focused strategy.
Good "food" for thought regarding segmentation, big data, and bringing it together for greater insight!
April Bell is Principal and Founder of April Bell Research Group, a boutique, full-service marketing research firm, committed to delivering fresh insights you can act on! Learn more at aprilbellresearch.com.