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Throughout the month of June, we’ll be tackling the topic of market research, an essential part of any strategic marketing initiative. Not many people are aware of the two main levels of market research needed to effectively gauge the behaviors and buying habits of your clients and customers. CMA uses primary and secondary research to glimpse into the target audience’s world and accurately assess the marketing tactics that will move them to action.

Secondary market research data, contrary to its name, is usually conducted first. This process of gathering target audience demographic information through existing data sources segments the market and dissects key pieces of information about who buys what, when and at what price.

Primary research confirms the positioning and key messaging determined through secondary research. Primary research is usually implemented via a survey that solicits needed information on the target audience. Surveys can be conducted through web-based services that provide accurate tracking of who responds, however some companies prefer to conduct in-person surveys or phone surveys to maximize effectiveness.

Once you have this data you have an accurate picture of who you are targeting and can use this information to personalize your sales pitch through various media. This is now even being done on social media websites such as Facebook. Users will find that shortly after they join a particular group or fan page, Facebook alters the ads displayed on the right hand side of the screen shot to their supposed “likes.” A user who might have become a fan of one comedian will be targeted in promotions for other comedy shows in their home town, for example.

In effective marketing, companies should aim to keep a continuous relationship with a customer, one that is poised to grow stronger over time. CMA is known for our strategic eye for marketing and can help you maintain these relationships. Give us a call or let us know your thoughts on building your marketing relationships.

Erin Higgins
Director of Marketing Services
ehiggins@cmasolutions.com