Identifying new opportunities to position product portfolios in line with consumer needs and aspirations
Uncovering opportunities is critical to any strategy focused on maximizing growth. Access to data-led evidence enables patterning the market to reveal pathways to increased demand, revenue, and new territories. Mapping the market through a lens of quantified demand breaks the consumer landscape into meaningful parts, through a deep understanding of where consumers’ mindsets and their Jobs To Be Done (JTBD) intersect. This structures consumers’ worlds to reveal their demand entry points.
To foster growth, marketers must understand WHO they’re targeting, and HOW to address their JTBD. Building connections that tap into consumer mindsets guides global brand positioning across a range of categories. Meanwhile, addressing their JTBD requires a laser-sharp focus on the short-term positioning of products and portfolios. It also ensures brands can effectively map their portfolios and product positioning against a clear, data-backed understanding of WHO consumers are, what they are looking for, and HOW to target them.
Segmenting audiences based solely on demographic data no longer delivers optimal sales and growth results. Instead, marketers need meaningful, business-relevant segments. Understanding how consumers approach your broader category (e.g. premium potential, category passion, leading-edge behavior, the role of a brand), and what they value in their lives (e.g. adventure or safety, environmental or social concerns), can bring clarity to your targeting decisions. The outcome? An actionable map of consumers to target.
GfK market segmentation at work in the Major Domestic Appliances category
Based on this approach, five major consumer segments can be defined as active in T&D Major Domestic Appliances (MDA) in Poland:
Achieving consumer centricity in all your actions with consumer segments based on
After evaluating the brand fit against consumer mindset segments, the focus turns to identify HOW best to win them in each category. This means uncovering functional and emotional JTBD and consumers’ usage and life context.
Uncovering opportunities to update your portfolio and product positioning in line with consumers’ daily jobs to be done
To understand what is driving consumers to your brand’s products, marketing leaders must question:
Combining the WHO and HOW dimensions into one consistent framework surfaces the opportunities worth pursuing. GfK Growth Architect is a powerful framework that intersects consumers’ mindsets with the consumers’ JTBD. When these two dimensions are layered, high-reward growth spaces are revealed – opening different perspectives to brand, communication, and product stakeholders, and unlocking the positioning insights they need to drive growth.
GfK Growth Architect case study in the MDA/washing machine category 2022 in Poland; n=1500 respondents
Learn how to win within your core segments and beyond
The Growth Landscape reflects the true complexity of consumers, acknowledging that people with the same mindset can have different needs, depending on their context, while the same need could also be relevant for different mindsets. Embracing these two perspectives allows you to go beyond segment silos by gaining insights on how to grow within your segment and beyond.
The benefits:
Intentionally sourcing growth nowEmbracing consumers’ complexity with one framework to spot growth opportunities within segments or across.
To make smart choices, marketers need data-led cost-benefit analysis that backs up prioritization decisions with evidence. Each growth opportunity must be quantified in terms of the potential value it offers, and the brand’s current position or ‘right to play’ in the space. This brings clarity of action: helping marketers identify both the highest growth targets and the lowest-hanging fruits that can be activated in the context of lower marketing budgets. The result? A clear path to the highest, short-term sales potential.
Using the GfK Growth Architect Priority Grid, marketers can clearly map:
Strategic positioning of product portfolios based on consumer needs and aspirations can be achieved by systematically finding new opportunities.
GfK Growth Architect reveals growth spaces with the most potential to maximize returns. By ensuring prioritized growth spaces are strategically relevant and cover a significant market share, Growth Architect ensures marketers carve out unique growth territories while mapping product portfolios to position for future growth and avoid cannibalization.
GfK Growth Architect gives marketers and stakeholders the deep insights needed to take action. Detailed insights on what to offer (product), how to position communication and messaging (marketing), and to benchmark brand performance against competitors, give brands a comprehensive roadmap on what it takes to win a growth space.