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Meredith Knows Women - Case Study

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Submitted By rosalynnd
Words 330
Pages 2
Chapter
4
Case Study
Meredith: Thanks to Good Marketing Information, Meredith Knows Women

1.
Meredith’s marketing information system really focuses on women. Their target market is women and it is obvious in the way they cater towards women. Some of their strengths include they cater to a woman’s progression throughout life, they have studied their customers so greatly that they have over 700 data points on each one, and they have even segmented each individuals interests in order to better serve them.
Not only that, but they have so much data on their customers that they can now sell their information to other businesses. As print is a declining business,
Meredith
has also ventured into the online and television world and is making their presence known. They are not simply looking at the present but are also setting themselves up for the future.
A weakness of Meredith is that preferences can change over time. They need to keep up with the changing interests of their customers and make sure their data points are not just a storage bin full of outdated information. Another weakness is that it is only providing to women through magazines and television shows. With all of the information they have gathered, they should be able to reach out to women in other forms such as clothing, exercise equipment, gardening tools, or even cookware. The information that they have accumulated could be used for another business venture.

2.Through impersonal data, it is easy to understand what the customer wants, is interested in, and where their priorities are .
Using all of these data points, they can be put together to make sense of the individual being studied.
By catering to these people this way, customers will feel a sense of connection to the brand or company because that company seems to understand them and will increase

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