The first consideration when commissioning a research is Actionability. What will I use the data for?
The Pareto Report is not a typical marketing research. It’s a syndicated consumer report with a very tight lens on the people rather than markets/categories. Think of it as a birds-eye view that reveals a broad spectrum of essential human characteristics and behaviors of a key consumer segment. Even if you know already a lot about your market, the Pareto is intended to provide a broader outside perspective that should confirm your thinking, spark new strategies or at least prompt you to think differently about your plans.
The following questions should help determine the actionability:
- Is your business Consumer focused? The Pareto Report is essentially a portrait of a part of the Romanian consumers, it’s unlikely to be very actionable to a B2B company.
- Is your business selling any Premium or Affordable Premium products? We should not think about The Pareto Population as being rich, but rather middle class. Since they account for about 40% of spend in most markets, they will be key for the success of products priced in the top half. Besides, the Paretos are also aspirational for average income consumers: nobody follows people who are worse-off.
- Do you think your competitors could use this information if they had it? If you do, then they probably will. The report is syndicated and therefore is a map available to everyone.
- Do you have a fresh Segmentation data for your category with boosted coverage of higher income consumers? In that case, congratulations, you should be very well equipped already.
The Pareto population is receiving increased consideration as they can be a major force not only economically, but also in terms of changing mindsets.
Depending on your needs and research budgets, we have organized the data in distinct products which could be purchased separately:
- The Pareto White Paper Report – a streamlined yet suitably detailed birds-eye view of the Pareto Population in comparison with the Broad Commercial Target. Key data to support of your general commercial and marketing strategy development.
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- The Pareto Gold Report – the White Paper data is completed with data around psychological motivators and drivers of the Pareto Population. And an Innovation Adoption chapter. This report enables a deeper understanding for more sophisticated strategies including New Product and Service.
Purchase full report - The Pareto Black Report – the most complete version of the report available. It includes all the information and data from the reports above. But on top of that, the Black Report includes the motivational subtypes with all the detailed information about them. This makes it one of the most powerful multi-purpose tool for targeting, portfolio strategy, innovation and generally winning in the above-average priced half of most consumer markets.
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