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	<title>Communication &#38; Cognition &#187; relationship marketing</title>
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	<link>http://www.commcognition.com/blog</link>
	<description>Where Mind Meets Message</description>
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		<title>Relationship Targeting: Know Your Customer</title>
		<link>http://www.commcognition.com/blog/relationship-targeting-know-your-customer/</link>
		<comments>http://www.commcognition.com/blog/relationship-targeting-know-your-customer/#comments</comments>
		<pubDate>Fri, 19 Dec 2008 23:13:52 +0000</pubDate>
		<dc:creator>Samuel D. Bradley</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[brand]]></category>
		<category><![CDATA[personality]]></category>
		<category><![CDATA[relationship marketing]]></category>
		<category><![CDATA[targeting]]></category>

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		<description><![CDATA['m always amazed when I stand in front of 170 young advertising students and talk about targeting for the first time.

Largely, this is lost on them. Sad, really.

Matching your brand to a small group of consumers may be the most important thing that you ever do.]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m always amazed when I stand in front of 170 young advertising students and talk about targeting for the first time.</p>
<p>Largely, this is lost on them. Sad, really.</p>
<p>Matching your brand to a small group of consumers may be the most important thing that you ever do.</p>
<p>My <a href="http://www.commcognition.com/colleagues.html">lab</a> has done a lot of research of brand personalities, and to me the fascinating bit is just how easily people assign personalities to inanimate brands.</p>
<p>Right now I&#8217;m working on an exciting new project with <a href="http://timthoughts.wordpress.com/">Tim Laubacher</a>. We&#8217;re using Darwin&#8217;s principles of natural selections to find out just what personality is attached to a given brand. More on this in coming months (<a href="http://commcognition.blogspot.com/2006/04/quick-thought-on-genetic-algorithms.html">read more on the underlying principles here</a>).</p>
<p>What do targeting and personality have in common? Tailoring your target market. Sure, my <a href="http://commcognition.blogspot.com/2008/12/review-burger-kings-whopper-scent.html">last post</a> blasted <a href="http://www.burgerking.com/">Burger King</a> for too narrow a target, but most companies aren&#8217;t Burger King.</p>
<p>In the Dec. 8, 2008, <span style="font-style: italic;">Advertising Age</span>, there is an article amazingly buried on page 4.</p>
<p>Under <a href="mailto:jneff@adage.com">Jack Neff&#8217;s</a> byline, &#8220;<a href="http://adage.com/article?article_id=133078">That 80% of sales</a> comes from some 2% of buyers; Study: Package-goods brands&#8217; consumers bases very small, yet diverse.&#8221;</p>
<p>Think about that. Two percent of all buyers make up the lion&#8217;s share of your sales.</p>
<blockquote style="color: #666666;"><p>Numbers like those start to make a strong case for broader use of customer-relationship management among package-goods players who&#8217;ve questioned its applicability because of the high cost per consumer.</p></blockquote>
<p>This means that even the narrowest of traditional markets are likely to fail. This small yet diverse bit is tricky.</p>
<p>Tools such as the one that I am developing with Laubacher will allow real-time diagnostics of a brand&#8217;s multiple personalities. We can uncover these niche markets.</p>
<p>And then the real work actually begins. How do we reach these people when mass media will terribly overshoot and overspend. Then, how do we keep them among our 2%.</p>
<p>As Neff correctly identifies, <span style="font-style: italic;">relationships</span> are the key. And compatible personalities are key to relationships. Think of this as a brand version of <a href="http://www.eharmony.com/">eHarmony</a>: 29 dimensions of compatibility.</p>
<p>And you have to be careful not to drift. Once you establish your brand personality, you have to remain true to it. <a href="http://www.google.com/">Google</a> used to be one of my absolute favorite brands, but today I referred to them as the &#8220;<a href="http://www.walmart.com/">Wal-Mart</a> of the Web&#8221; due to their control of some of the features of this blog (Google owns <a href="http://www.blogger.com/">Blogger</a>).</p>
<p>I&#8217;m impressed with some corporate efforts on <a href="http://www.twitter.com/">Twitter</a> (e.g., <a href="http://twitter.com/starbucks">@Starbucks</a>). However, following 21,355 people (at present), this is more like a casual hook up than a committed relationship.</p>
<p>It&#8217;s a great time to study communications. I&#8217;m counting the days until the word &#8220;Mass&#8221; is toppled from the front of my college like a statue of Lenin or Hussein.</p>
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