2. Primary Research
Conducted online survey
90 responses from target market
Goal:
Provide our team with useful information about our
target market
Create a strategy
Buying decisions
3. Primary Research
Segmented into 3 different sections:
Demographics (ethnicity, income level, education
level, marital status, number of children)
Buying habits (number of online purchases, purchase
history)
Social media usage (number of hours, time of day,
type of network)
6. Secondary Research
Lansing Demographics:
52% female
17% 25 to 34 years old
Median Age: 31
Ethnicity: White (56%) African American (22%)
HS graduates (86%) Bachelor’s or higher (24%)
Medium household income, $37,000
27% below poverty level
33% married
7. Secondary Research
Competition: What aspect of competition?
Coupons:
Who’s using coupons: wealthier/more
educated:http://www.dailyfinance.com/2012/02/22/gue
ss-who-clips-the-most-coupons/
Coupon Stats:
http://www.ilovecouponmonth.com/statistics/
Most popular coupons:
http://www.businessnewsdaily.com/2008-americas-popular-coupons.
html
8. Secondary Research
Mediums:
Broadcast: Radio
Each ad dollar spent generates a sales return of $6 from
listeners
92% of Americans listen to radio once a week
40% of radio listeners are between the ages 30-39
News/Talk, 12% listeners, second highest
Pop/Contemporary, 7% listeners, fourth highest
Radio reaches 94% of women between 35-65 years of
age
9. Secondary Research
Broadcast: TVWomen spend 4 hours watching TV per
day40 minutes more than men
Digital Media:
Women represent majority of online market
22% shop online at least once a day
Women majority of users of social networking sites and
spend 30% more time on these sites than men