Wal-Mart Moves Signal New Power Shift From Retailers To Consumers
Two possibly interrelated moves signal a profound shift for the world's biggest retailer. They may also signal a fundamental shift in the power of consumer marketing. Retail giant Wal-Mart Thursday announced its support of Arbitron's and VNU's Apollo project, and said it would subscribe to the data generated by a pilot project for the new single-source research system that simultaneously measures what advertising and media consumers are exposed to and what products they purchase in retail outlets.
Wal-Mart marks the first big retailer to sign on to the project, and coupled with its other recent moves, including its plans to announce a new ad agency roster, may reveal its need for greater consumer insights than it might have needed in the past. Among other things, one of its new agency partners, Carat, has a division that is deemed the best company at marketing mix modeling, a sophisticated form of marketing research that can also measure how advertising and media directly impact consumer purchases.
The developments are significant, because they also mark another radical shift in the power of marketing information - what some might call the Third Wave of mass marketing. [ MORE ]
Also see: Arbitron Press Release, AdWeek, Reuters
FMQB - What we've learned from the Philly PPM... So Far
Useful Insights for PPM and Diary Markets by Gary Marince
Keep in mind that PPM is actually a form of behavioral research. Among the benefits of using a panel of consumers who wear the PPM over a long period (as opposed to Diarykeepers who are engaged in the ratings process for only a week), we’re observing the same group of people using radio over time. We see how they change listening habits and often can associate why they do so. Programmers now have unprecedented insight into how people use and listen to radio.
So, what behaviors are we seeing and what lessons can we learn? For programmers, the importance of P1 listening is... [ MORE ]
Also see ArbitronPDCentral.com Blog
Posted by PPM News on May 11, 2007 at 10:29 PM in Arbitron, Marketing, PPM Commentary, PPM Data & Software, Programming, Related News & Events, Research | Permalink | Comments (0) | TrackBack (0)