April 27, 2023

The Best Categories & New Customers

For this brand, Categories 12 and 19 are the "suns" of their category ecosystem. Both categories yield high-value customers, as illustrated below. Customers buying from either category tend to reside in the top 40% of the value segments I created.


Smart companies do smart things. They focus on the categories that drive high-value customers, and within those categories they make sure that winners get proper attention and they make sure that new items are properly developed via low-cost / no-cost marketing scenarios.




No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

April 3: The Next MineThatData Happy Hour!

Let's go with 8:00pm EDT / 5:00pm PDT, 55 minutes. Send me an email message (kevinh@minethatdata.com) if you want to join us, and I'...