How Customer Insights Drive Smarter Market Segmentation

*This episode of Ponderings from the Perch is brought to you by curioninsights.com. When your brand needs answers and not opinions, you need the smart team at Curion.* The shopper your spreadsheet thinks it knows and the actual shopper walking into a store are two VERY different people.  On this episode of Ponderings from the Perch, Scott Sabin, a consumer and shopper insights strategist at Walgreens, talks to host and  Little Bird Marketing CEO Priscilla McKinney about customer insights, and why market segmentation, built on outdated shopper profiles, is not only wrong, but dangerous. Together Sabing and McKinney wrestle with the truth that a shopper's reasons for buying split and scatter in ways no dashboard fully captures. They discuss who brands chase last quarter's numbers instead of this moment's shopper, and that is what puts them behind. "It's important for brands to really be attentive to their customer and not just profit goals or not just what you've decided within your four walls that you want to achieve," Sabin explains. "You really need to be listening deeply and hard to what the customer and consumer wants." He says this from years of experience of getting it right and getting it wrong, and all he’s learned along the way.  Sabin underscores the importance of solid behavioral research. Retailers keep asking what landed in the basket. Few of them ask why that hand reached for it in the first place, and that's the question with the actual money attached to it. Ignore that for long enough and a category that felt bulletproof for a decade goes quiet, and by the time the dashboard notices, the shopper has already found someone else who asked first. If you’re in charge of marketing, manage a category or answer to anyone in the insights function, this episode is a must listen!  Music written and performed by Leighton Cordell Sponsors: Marketers, raise your hand if you're tired of AI buzzwords with zero practical takeaways. Yeah, we thought so. That's exactly why ⁠Insights Marketing Day⁠ exists.  Mark your calendar for September 18th in Chicago, where you'll learn straight from marketing heavy-hitters like Andy Crestodina, Paul Kirch, Marc Hans, Kristi Zuhlke, Heidi Dickert, and yours truly, Priscilla McKinney.  And right now, before summer wraps up, you can save two hundred dollars on your ticket with our Early Bird special. Just use promo code EARLYBIRD (all one word) at checkout. But hurry, this deal won't last.  This isn't a conference. It's a marketing advantage. Grab your tickets at ⁠InsightsMarketingDay.com⁠ Priscilla McKinney here! I am very excited to tell you about my book:  Collaboration is the New Competition: Why the Future of Work Rewards A Cross Pollinating Hive Mind and How Not to Get Left Behind The book's chapters are designed to be time-efficient, ensuring busy professionals can easily integrate these transformative ideas into their workflow. From discussing the state of affairs in business to providing fundamental strategies and seven practical anchors for staying on course, this book offers a fresh perspective and a competitive advantage in today's complex business landscape. Visit priscillamckinney.com for more information.