SlideShare a Scribd company logo
How should car advertising companies
should market to consumers?
The Golden Rationalists
Abhishek Agrawal, Jessie Bao, Lilian Cheung
A Spatio-Temporal Analysis
Luxury Vehicle Trends
We classified cars into three categories:
economical, mid-end, and high-end luxury
cars.
In general, people shop for and purchase
more cars during the weekend than during
the week.
This trend is similar for economical vehicles
as well as mid-end and high-end luxury
vehicles.
There is some variation across car makers
across weekdays and across time.
Recommendation: Advertising companies should ramp up
marketing efforts on the weekend.
Luxury New Car Purchases Per County
The map shows the spatial distribution of
luxury car vs. mid-range and economical
car purchases by county.
Wealthier areas appear to be more likely
to purchase luxury cars.
Recommendations:
Advertising companies should focus
on marketing luxury cars to the areas
most likely to purchase luxury cars.
They can also focus on converting
economical car owners to mid-range
luxury car buyers.
Case in point: In the zip code 10019, 103 new
cars were purchased - all of which were high-
end luxury cars. The average annual adjusted
income in this zip code is $177,329.
Census Data Vs Customer Behavior

More Related Content

Similar to Insights for car advertising companies spatiotemporal analysis

Carsales presents Auto Futures
Carsales presents Auto FuturesCarsales presents Auto Futures
Carsales presents Auto Futures
Carsales
 
Car Dealer Job Description
Car Dealer Job DescriptionCar Dealer Job Description
Car Dealer Job Description
spectacularspec34
 
Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2018
Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2018Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2018
Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2018
Mercer Capital
 
The Blue Sky Report - 2nd Quarter 2017
The Blue Sky Report - 2nd Quarter 2017The Blue Sky Report - 2nd Quarter 2017
The Blue Sky Report - 2nd Quarter 2017
Erin Kerrigan
 
Purchasing or Leasing Your Next Vehicle
Purchasing or Leasing Your Next VehiclePurchasing or Leasing Your Next Vehicle
Purchasing or Leasing Your Next Vehicle
A1ARS
 
Autosource unlimited llc how to buy a used car
Autosource unlimited llc how to buy a used carAutosource unlimited llc how to buy a used car
Autosource unlimited llc how to buy a used car
Shervin Hessamfar
 
consumer_behaviour_report
consumer_behaviour_reportconsumer_behaviour_report
consumer_behaviour_reportyogi_khus
 
Comprehensive Analysis of Used Car Market Trends
Comprehensive Analysis of Used Car Market TrendsComprehensive Analysis of Used Car Market Trends
Comprehensive Analysis of Used Car Market Trends
davidwaynne
 
Rent a Car Case Study
Rent a Car Case StudyRent a Car Case Study
Rent a Car Case Study
Suyash Khiwansara
 
In need of a New Car?
In need of a New Car?In need of a New Car?
In need of a New Car?
309finance
 
Used Cars Market of India - Quikr Review
Used Cars Market of India - Quikr ReviewUsed Cars Market of India - Quikr Review
Used Cars Market of India - Quikr Review
Manan Gupta
 
New Car Handbook March 2016
New Car Handbook March 2016New Car Handbook March 2016
New Car Handbook March 2016
Shannon Tiede
 
Art elica 04_genesove1993
Art elica 04_genesove1993Art elica 04_genesove1993
Art elica 04_genesove1993
Ernesto Esparaquia
 
EFFECT OF CONSUMER BEHAVIOUR AND PERCEPTION ON CAR PURCHASE DECISION
EFFECT OF CONSUMER BEHAVIOUR AND PERCEPTION ON CAR PURCHASE DECISION EFFECT OF CONSUMER BEHAVIOUR AND PERCEPTION ON CAR PURCHASE DECISION
EFFECT OF CONSUMER BEHAVIOUR AND PERCEPTION ON CAR PURCHASE DECISION
Gagan Gouda
 
Drivingthroughconsumersmind 140212023128-phpapp01
Drivingthroughconsumersmind 140212023128-phpapp01Drivingthroughconsumersmind 140212023128-phpapp01
Drivingthroughconsumersmind 140212023128-phpapp01
Amit Srivastava
 
Deloitte Report : Driving through the consumer’s mind – Considerations for Ca...
Deloitte Report : Driving through the consumer’s mind – Considerations for Ca...Deloitte Report : Driving through the consumer’s mind – Considerations for Ca...
Deloitte Report : Driving through the consumer’s mind – Considerations for Ca...
Vikrant Mudaliar
 
DealerDraw pitch
DealerDraw pitchDealerDraw pitch
DealerDraw pitchalexauto
 

Similar to Insights for car advertising companies spatiotemporal analysis (20)

Carsales presents Auto Futures
Carsales presents Auto FuturesCarsales presents Auto Futures
Carsales presents Auto Futures
 
The Auto Industry Report For Car Removals
The Auto Industry Report For Car RemovalsThe Auto Industry Report For Car Removals
The Auto Industry Report For Car Removals
 
Rural marketing
Rural marketingRural marketing
Rural marketing
 
Car Dealer Job Description
Car Dealer Job DescriptionCar Dealer Job Description
Car Dealer Job Description
 
Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2018
Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2018Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2018
Mercer Capital's Value Focus: Auto Dealer Industry | Year-End 2018
 
The Blue Sky Report - 2nd Quarter 2017
The Blue Sky Report - 2nd Quarter 2017The Blue Sky Report - 2nd Quarter 2017
The Blue Sky Report - 2nd Quarter 2017
 
Purchasing or Leasing Your Next Vehicle
Purchasing or Leasing Your Next VehiclePurchasing or Leasing Your Next Vehicle
Purchasing or Leasing Your Next Vehicle
 
Autosource unlimited llc how to buy a used car
Autosource unlimited llc how to buy a used carAutosource unlimited llc how to buy a used car
Autosource unlimited llc how to buy a used car
 
consumer_behaviour_report
consumer_behaviour_reportconsumer_behaviour_report
consumer_behaviour_report
 
Comprehensive Analysis of Used Car Market Trends
Comprehensive Analysis of Used Car Market TrendsComprehensive Analysis of Used Car Market Trends
Comprehensive Analysis of Used Car Market Trends
 
Rent a Car Case Study
Rent a Car Case StudyRent a Car Case Study
Rent a Car Case Study
 
Motorherd
MotorherdMotorherd
Motorherd
 
In need of a New Car?
In need of a New Car?In need of a New Car?
In need of a New Car?
 
Used Cars Market of India - Quikr Review
Used Cars Market of India - Quikr ReviewUsed Cars Market of India - Quikr Review
Used Cars Market of India - Quikr Review
 
New Car Handbook March 2016
New Car Handbook March 2016New Car Handbook March 2016
New Car Handbook March 2016
 
Art elica 04_genesove1993
Art elica 04_genesove1993Art elica 04_genesove1993
Art elica 04_genesove1993
 
EFFECT OF CONSUMER BEHAVIOUR AND PERCEPTION ON CAR PURCHASE DECISION
EFFECT OF CONSUMER BEHAVIOUR AND PERCEPTION ON CAR PURCHASE DECISION EFFECT OF CONSUMER BEHAVIOUR AND PERCEPTION ON CAR PURCHASE DECISION
EFFECT OF CONSUMER BEHAVIOUR AND PERCEPTION ON CAR PURCHASE DECISION
 
Drivingthroughconsumersmind 140212023128-phpapp01
Drivingthroughconsumersmind 140212023128-phpapp01Drivingthroughconsumersmind 140212023128-phpapp01
Drivingthroughconsumersmind 140212023128-phpapp01
 
Deloitte Report : Driving through the consumer’s mind – Considerations for Ca...
Deloitte Report : Driving through the consumer’s mind – Considerations for Ca...Deloitte Report : Driving through the consumer’s mind – Considerations for Ca...
Deloitte Report : Driving through the consumer’s mind – Considerations for Ca...
 
DealerDraw pitch
DealerDraw pitchDealerDraw pitch
DealerDraw pitch
 

Recently uploaded

一比一原版(Adelaide毕业证书)阿德莱德大学毕业证如何办理
一比一原版(Adelaide毕业证书)阿德莱德大学毕业证如何办理一比一原版(Adelaide毕业证书)阿德莱德大学毕业证如何办理
一比一原版(Adelaide毕业证书)阿德莱德大学毕业证如何办理
slg6lamcq
 
standardisation of garbhpala offhgfffghh
standardisation of garbhpala offhgfffghhstandardisation of garbhpala offhgfffghh
standardisation of garbhpala offhgfffghh
ArpitMalhotra16
 
Machine learning and optimization techniques for electrical drives.pptx
Machine learning and optimization techniques for electrical drives.pptxMachine learning and optimization techniques for electrical drives.pptx
Machine learning and optimization techniques for electrical drives.pptx
balafet
 
一比一原版(UniSA毕业证书)南澳大学毕业证如何办理
一比一原版(UniSA毕业证书)南澳大学毕业证如何办理一比一原版(UniSA毕业证书)南澳大学毕业证如何办理
一比一原版(UniSA毕业证书)南澳大学毕业证如何办理
slg6lamcq
 
Q1’2024 Update: MYCI’s Leap Year Rebound
Q1’2024 Update: MYCI’s Leap Year ReboundQ1’2024 Update: MYCI’s Leap Year Rebound
Q1’2024 Update: MYCI’s Leap Year Rebound
Oppotus
 
一比一原版(IIT毕业证)伊利诺伊理工大学毕业证成绩单
一比一原版(IIT毕业证)伊利诺伊理工大学毕业证成绩单一比一原版(IIT毕业证)伊利诺伊理工大学毕业证成绩单
一比一原版(IIT毕业证)伊利诺伊理工大学毕业证成绩单
ewymefz
 
一比一原版(YU毕业证)约克大学毕业证成绩单
一比一原版(YU毕业证)约克大学毕业证成绩单一比一原版(YU毕业证)约克大学毕业证成绩单
一比一原版(YU毕业证)约克大学毕业证成绩单
enxupq
 
FP Growth Algorithm and its Applications
FP Growth Algorithm and its ApplicationsFP Growth Algorithm and its Applications
FP Growth Algorithm and its Applications
MaleehaSheikh2
 
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
axoqas
 
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
ahzuo
 
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
NABLAS株式会社
 
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
oz8q3jxlp
 
一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单
ocavb
 
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Subhajit Sahu
 
Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)
TravisMalana
 
The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...
jerlynmaetalle
 
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
vcaxypu
 
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Subhajit Sahu
 
一比一原版(CBU毕业证)不列颠海角大学毕业证成绩单
一比一原版(CBU毕业证)不列颠海角大学毕业证成绩单一比一原版(CBU毕业证)不列颠海角大学毕业证成绩单
一比一原版(CBU毕业证)不列颠海角大学毕业证成绩单
nscud
 
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
ewymefz
 

Recently uploaded (20)

一比一原版(Adelaide毕业证书)阿德莱德大学毕业证如何办理
一比一原版(Adelaide毕业证书)阿德莱德大学毕业证如何办理一比一原版(Adelaide毕业证书)阿德莱德大学毕业证如何办理
一比一原版(Adelaide毕业证书)阿德莱德大学毕业证如何办理
 
standardisation of garbhpala offhgfffghh
standardisation of garbhpala offhgfffghhstandardisation of garbhpala offhgfffghh
standardisation of garbhpala offhgfffghh
 
Machine learning and optimization techniques for electrical drives.pptx
Machine learning and optimization techniques for electrical drives.pptxMachine learning and optimization techniques for electrical drives.pptx
Machine learning and optimization techniques for electrical drives.pptx
 
一比一原版(UniSA毕业证书)南澳大学毕业证如何办理
一比一原版(UniSA毕业证书)南澳大学毕业证如何办理一比一原版(UniSA毕业证书)南澳大学毕业证如何办理
一比一原版(UniSA毕业证书)南澳大学毕业证如何办理
 
Q1’2024 Update: MYCI’s Leap Year Rebound
Q1’2024 Update: MYCI’s Leap Year ReboundQ1’2024 Update: MYCI’s Leap Year Rebound
Q1’2024 Update: MYCI’s Leap Year Rebound
 
一比一原版(IIT毕业证)伊利诺伊理工大学毕业证成绩单
一比一原版(IIT毕业证)伊利诺伊理工大学毕业证成绩单一比一原版(IIT毕业证)伊利诺伊理工大学毕业证成绩单
一比一原版(IIT毕业证)伊利诺伊理工大学毕业证成绩单
 
一比一原版(YU毕业证)约克大学毕业证成绩单
一比一原版(YU毕业证)约克大学毕业证成绩单一比一原版(YU毕业证)约克大学毕业证成绩单
一比一原版(YU毕业证)约克大学毕业证成绩单
 
FP Growth Algorithm and its Applications
FP Growth Algorithm and its ApplicationsFP Growth Algorithm and its Applications
FP Growth Algorithm and its Applications
 
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
做(mqu毕业证书)麦考瑞大学毕业证硕士文凭证书学费发票原版一模一样
 
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
一比一原版(CBU毕业证)卡普顿大学毕业证如何办理
 
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
【社内勉強会資料_Octo: An Open-Source Generalist Robot Policy】
 
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
一比一原版(Deakin毕业证书)迪肯大学毕业证如何办理
 
一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单
 
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
 
Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)
 
The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...
 
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
 
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
 
一比一原版(CBU毕业证)不列颠海角大学毕业证成绩单
一比一原版(CBU毕业证)不列颠海角大学毕业证成绩单一比一原版(CBU毕业证)不列颠海角大学毕业证成绩单
一比一原版(CBU毕业证)不列颠海角大学毕业证成绩单
 
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
 

Insights for car advertising companies spatiotemporal analysis

  • 1. How should car advertising companies should market to consumers? The Golden Rationalists Abhishek Agrawal, Jessie Bao, Lilian Cheung A Spatio-Temporal Analysis
  • 2. Luxury Vehicle Trends We classified cars into three categories: economical, mid-end, and high-end luxury cars. In general, people shop for and purchase more cars during the weekend than during the week. This trend is similar for economical vehicles as well as mid-end and high-end luxury vehicles. There is some variation across car makers across weekdays and across time. Recommendation: Advertising companies should ramp up marketing efforts on the weekend.
  • 3. Luxury New Car Purchases Per County The map shows the spatial distribution of luxury car vs. mid-range and economical car purchases by county. Wealthier areas appear to be more likely to purchase luxury cars. Recommendations: Advertising companies should focus on marketing luxury cars to the areas most likely to purchase luxury cars. They can also focus on converting economical car owners to mid-range luxury car buyers. Case in point: In the zip code 10019, 103 new cars were purchased - all of which were high- end luxury cars. The average annual adjusted income in this zip code is $177,329.
  • 4. Census Data Vs Customer Behavior