J.D. Power & Associates is adding chocolate to peanut butter in hopes
of creating a perfect media research flavor. The company, which among
other things studies the media behavior of a large pool of new-vehicle
buyers, has inked a deal with consultancy Mediamark Research Inc.
(MRI), which focuses on psychographic data. The J.D. Power and
Associates-MRI products are designed to add psychographic data to data
on new-vehicle buyers.
J.D. Power creates a profile of the media habits of vehicle buyers. The
pool is so large that the consultancy can intuit the kinds of media a
buyer of a certain vehicle type will consume. MRI's psychographic
component of the study is gleaned from surveys on lifestyle and
attitude. J.D. Power's "Car and Truck Report" provides magazine and
cable network consumption patterns for recent new-vehicles buyers.
The MRI Psychographic Supplement to the J.D. Power report will be
available in May.
Gene Cameron, VP of media marketing for J.D. Power, says before now
psychographics weren't part of magazine or TV audience studies of
specific vehicles or vehicle segments. "We have been doing media
studies for 17 years. It involves interviewing new-vehicle buyers and
asking them what magazines they read and which cable networks they
watch," he says. "This is critical to automotive media buyers because
media varies widely between types of vehicles." He says J.D. Power
provides a large enough sample to allow a broad look at cars of the
same function and price that people actually shop.
Linking psychographics to media behavior by vehicle segment
addresses a market more and more interested aligning vehicles to a
psychographic target - people with specific lifestyles and attitudes
-- versus merely demographics. "We can now provide [marketers] with
guidance on where and how to advertise to reach those specific
customers." he says.
The company says the new data integration was achieved through a
statistical technique known as data fusion, which was applied in a
proprietary manner by MRI. The psychographics will also be included in
the J.D. Power and Associates 2007 Online Media StudySM to be released
in August.
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