www.strategicbusinessinsights.com/vals/presurvey.shtml
.
Affinity groups
Segmenting by affinity group (a group of people who share similar interests or participate in similar activities) fills in the blank at the end of the “People who like this interest or activity also like …” statement. Because psychographic segmentation uses activity as a subsection, that approach is somewhat similar.
For example, in Figure 3-2, Quantcast estimates other interests of visitors to Goodreads (www.goodreads.com
) based on their browsing behavior under the General Interests option. (This data is available only for quantified sites — that is, sites for which the site owners have verified the data.) A check mark to the right of the name of the site indicates that it is quantified; otherwise, you see the label “not quantified.”
For information on clickstream analysis (where visitors come from and where they go), see Book 9, Chapter 6.
FIGURE 3-2: Quantcast estimates topics that interest users of Goodreads.
By using Quantcast in this way, you can obtain public information about visits to specific social media services or to your competitors’ or other related businesses’ websites. You can also use these services to profile your own business, although your website might be too small to provide more than rough estimates. If your business is too small, estimate the interest profile for your target market by running Quantcast for a verified, large corporation that offers a similar product or service.
Sign up for free, direct measurement of your apps and websites at
www.quantcast.com/user/signup
. Alexa’s paid options include Certified Site Metrics, if you want an independent, direct measurement of your site traffic and a more accurate site ranking. To get certified, you’ll need to sign up for one of the paid options and install Alexa’s Certify Code on your site. You can choose whether or not to display your results to the public.
Otherwise, consider polling your customers to find out more about their specific interests.
You can also use Google Trends (www.google.com/trends/explore#cmpt=q
) to search by the interest categories shown in Table 3-3. Click All Categories at the top of the page to open a drop-down list. Google Trends uses real-time search data to estimate customer interest in various topics over time. You can select specific keywords, time periods, or locations for additional detail.
TABLE 3-3 Main Categories Available on Google Trends
Arts & Entertainment | Autos & Vehicles | Beauty & Fitness |
---|---|---|
Books & Literature | Business & Industrial | Computers & Electronics |
Finance | Food & Drink | Games |
Health | Hobbies & Leisure | Home & Garden |
Internet & Telecom | Jobs & Education | Law & Government |
News | Online Communities | People & Society |
Pets & Animals | Real Estate | Reference |
Science | Shopping | Sports |
Travel |
Researching B2B Markets
Market research and social media choices for business-to-business (B2B) markets are somewhat different from business-to-consumer (B2C) markets because the sales cycle is different. Usually, B2B companies have a longer sales cycle, high-ticket purchases, and multiple people who play a role in closing a sale; consequently, B2B marketing requires a different social media presence.
In terms of social media, more B2B marketing efforts focus on branding, top-of-mind visibility, customer support, customer loyalty, and problem-solving compared to more sales-focused messages from B2C companies.
One key step in B2B marketing is to identify people who make the buying decision. Professional social networks such as LinkedIn, Networking for Professionals, or others on
www.lifewire.com/business-social-networks-3486557
may help you research people on your B2B customer or prospect lists.
According to research by the Content Marketing Institute, more than 95 percent of all B2B marketers use some form of social media content (https://contentmarketinginstitute.com/wp-content/uploads/2019/10/2020_B2B_Research_Final.pdf
). As shown in Figure 3-3, B2B firms may emphasize different forms of social media than B2C businesses. In many cases, the choice of social media varies by company size, industry type, experience with social media, and the availability of budgetary and human resources.
Adapted from Social Media Examiner “2020 Social Media Marketing Industry Report”
FIGURE 3-3: B2C (orange rows) and B2B (blue rows) businesses often utilize different social media channels.
For more information on using social media for B2B marketing, visit one of these links:
https://sproutsocial.com/insights/social-media-statistics