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Q: Successful examples of Golden Questions in Prospect or Customer Segmentation ( No Answer,   0 Comments )
Question  
Subject: Successful examples of Golden Questions in Prospect or Customer Segmentation
Category: Business and Money > Advertising and Marketing
Asked by: redswan-ga
List Price: $200.00
Posted: 16 Nov 2005 14:17 PST
Expires: 22 Nov 2005 02:02 PST
Question ID: 593936
>>> Please note: Answer needed by 3pm GMT, Monday 21st November <<<

Typically in a segmentation activity you will use a questionnaire to
gather data, then segment your respondents on the basis of their
answers.  Amongst all the questions answered by the respondents, some
will be more predictive of the final segment of that respondent than
others.

The most predictive questions (typically around 6) are called the
'golden questions' and the answers to these will give a reasonably
accurate prediction of a respondent's segment.  So by asking just
these golden questions (to, for example, the rest of your customer
base) you can get a pretty good segmentation at a fraction of the
effort of asking the full questionnaire to everyone.

So much for the background.  So what's the question...?

Lots of people talk about this theory.  I want examples and case
studies of its use in practice.  I need to see company names, what the
purpose was, what the results were, the business benefit, etc. 
Example: http://www.buckingham-research.com/pfizer.htm - this is the
absolute basic required, but I would want much more.  We need at least
5 to 10 solid examples.

Additionally, industry/marketing expert views on the success or
otherwise of the golden question technique would be good.

Request for Question Clarification by czh-ga on 17 Nov 2005 15:34 PST
Hello redswan-ga,

I?ve been researching your question and I?ve finally located some case
studies that should meet your needs. The only problem is that they?re
mostly presented by consulting firms as examples of their work and
usually only describe the type of company and industry segment but
don?t provide the company name ? as opposed to your example where
Pfizer Consumer Healthcare is identified. Will this meet your needs?

I look forward to your clarification.

~ czh ~

Clarification of Question by redswan-ga on 18 Nov 2005 13:03 PST
We really need to have company names to make this worthwhile.

But please hold on to what you've got - if we have no results by
Monday then we might go with that solution.

Thanks.
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