101-Product Innovation Using Twitter and Tweetups – Part 2
Kraft Foods plans to introduce its DiGiorno flatbed pizza by offering to host Tweetups for influential users of Twitter (see Part 1 of this blog). In Part 1 of this blog, we described three major types of customer segmentation by need: Physical, Emotional and Intellectual. We also described patterns that companies use to innovate products to meet those needs including: providing information, reducing resources the customer requires for the use of the product and improving the experience the customer has with the product.
In this Part 2 of the blog, we will illustrate the segments of customer needs and the product innovations that Kraft has used with this DiGiorno introduction.
Here are some segments of customer needs that Kraft is addressing with its innovations. Each of the indented concepts is a further refinement of the concept above it:
A. Segments with Intellectual needs
|1. Knowledge of company and company’s product
|a. Segment with limited or no familiarity with the product
|1) Segment using a similar product
B. Segments with Emotional needs
|1. Segment with needs for status in the community
|a. Segment with needs for affiliation
|1) With group on the cutting edge
The company addresses these segments with the following patterns of product innovation. Each of the indented concepts is a further refinement of the concept above it:
A. Provide information to the segment
|1. Attract attention of customers to brand.
|a. Use non-traditional advertising in space available to many people
|1) Use an on-line event to provide sampling opportunity
B. Provide a good experience for the initial customer
|1. Associate the product with an image to increase customer pleasure in using the product
|a. Suggest personal characteristics of the user of the product
|1) Suggest that users of the product are trend leaders
C. Provide good experience for follower customers
|1. Increase the customer’s sense of security with the product
|a. Assure customer that the product tastes good
|1) Obtain third party endorsements of the product
To gain a greater insight into the many patterns of segmentation and product innovation, please see www.strategystreet.com/improve/segments and www.strategystreet/com/improve/products and services. There you will find over 400 concepts of segmentation of customers by need and nearly 600 concepts of product innovation initiatives. We support these concepts with over 4500 examples. These concepts and examples are brainstorming thought-starters to help you meet the challenge of innovation in your own marketplace.
The Internet can be a powerful tool to reach tech savvy consumers. In 2019, Twitter cited the following statistics gathered by Nielsen. When brands connect with what’s happening on Twitter they see these average increases across the marketing funnel: an 18% increase in message association, an 8% increase in brand awareness, a 7% increase in brand preference and a 3% increase in purchase intent.
We suggest using the resources cited in the blog above to identify new customer needs segments and then to respond to those needs with new products and services. Please read the Directions first to make the use of these sites more efficient.
HOW CAN THESE BLOGS HELP ME?
If you face a competitive marketplace, read these blogs. We wrote them to help you make better decisions on segments, products, prices and costs based on the experience of companies in over 85 competitive industries. Much of the world suffered a severe recession from 2008 to 2011. During that time, we wrote more than 270 blogs using publicly available information and our Strategystreet system to project what would happen in various companies and industries who were living in those hostile environments. In 2022, we updated each of these blogs to describe what later took place. You can use these updated blogs to see how the Strategystreet system works and how it can lead you to better decisions.