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31 May, 2006 03:20 PM EST How do you define where you shop?
Posted By: Gareth Herschel, Research Director
I shop at the grocery store near the Border’s (a large book store for those of you outside the U.S.) and the Cost World Plus (foreign stuff).My wife shops at the grocery store near the Target (high-end Wal-Mart for those of you still outside the U.S.) and Starbuck’s (no explanation needed, I suspect). Of course, they are both the same grocery store, and we each understand what the other means when we give each other directions and reference points, but it does highlight the issue that everyone considers the same thing in different contexts. As we think about our customer relationships, what is the mental image you call to mind, and what is the image you think your customers call to mind? Just as each customer segment you define considers you in comparison to a different set of direct competitors, I suspect each segment also thinks of you in the context of different noncompetitors. |
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