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Our special feature on forecasting sheds light on how to choose the right model, offers advice from Jack Stack and more.
Get startedWhen marketing our products, it is tempting to think that the most important thing we need to figure out is the target audience and the right media to reach them. If your audience is moms with young kids, you might focus your marketing on wherever it is that you think they tend to spend most of their time. The online version of this bias that is growing in popularity is the idea that demographics might matter less than what they are seeking. So if you reach them when they do a search on Google for vaccum cleaners and you show up, you might stand a chance of actually selling one.
What if instead of looking at demographics or even stated need, you tried to focus your marketing on a more basic ladder focus on the different levels of human need. Whatever images of a pyramid by some guy named Maslow this might conjure up for you, I'm not going to tell you about basic human needs like water or shelter. From a marketing point of view, you certainly hope all your customers have those things already. Here is a model that you may also consider for better tailoring your marketing based on what I believe are the 6 levels of necessity that your customers may be in:
If you consider these 5 levels, the main marketing lesson to take away from this is that there are many different types of moments that consumers may be in, in relation to your brand and getting better at spotting which one someone is in can do wonders to help you reach them in a more compelling way.
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