
CONTACTS: Carrie
Krysanick, Dan Pinger Public Relations, ckrysan@danpinger.com
513/419-7007 or
Nancy Bunn, Burke, Inc., nancy.bunn@burke.com 513/684-7509
CINCINNATI -- Burke Inc., an international leader
in strategic decision support services, introduces SEGUEÔ, a new proprietary market
segmentation method. SEGUE combines Burke’s world-class
technical and analytical skills with experience-based insights to help fine
tune segmentation research.
"A common downfall of segmentation research is that the segments derived are not as actionable as desired," said Jim Roberts, vice president of marketing. "This may happen because there are not very clear distinctions across segments on variables such as demographics or key behaviors that allow companies to best locate individuals in order to target them with marketing efforts. SEGUE is designed to overcome these problems.”
With SEGUE, Burke experts combine
information from both customer attitudes and demographic profiles to more
accurately predict how potential buyers will respond to marketing efforts.
According to Roberts, “The best measure of how much SEGUE improves our
clients’ marketing efficiency is demonstrated by how much we can increase a
marketer’s power to accurately target the best market segments.”
Applying SEGUE in a project completed for a
pharmaceutical firm, Burke improved the client's ability to accurately target
the most appropriate market segments by 81 percent. In another situation for a
client producing personal care products, the improvement in targeting accuracy
was 77 percent.
These
are very important improvements for real world marketing action. Marketers want
to classify people into segments as correctly and efficiently as possible in
order to get the most bang for the buck from marketing budgets.
Said
Roberts, “By improving the power to accurately target segments, we improve the
ability to deliver the right messages, samples, products, etc. to the ‘right’
people. Being able to more accurately
target marketing actions based on limited information translates directly into
better financial results by reaching more of the ‘right’ people and fewer of
the ‘wrong’ people.”
For more information on SEGUE and other Burke Inc. decision
support services, visit www.burke.com.
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