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ACNielsen and Spectra Launch Consumer Marketing Mix Service.


Business Editors

BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Aug. 21, 2001

Combination Of Premier Information Services See Information Systems.  Gives Marketers

New Capabilities to Select Highest-Response Marketing Vehicles

For Influencing National, Regional Sales.

ACNielsen U.S., an operating unit operating unit

A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon
 of ACNielsen, and the MediaPlan division of Spectra Inc., each VNU VNU Volontaires des Nations Unies (French)
VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch)
VNU Virtual Network User
 companies, today announced the launch of a jointly developed information service that brings a new level of actionability to the process of marketing mix modeling.

The announcement came here during the annual ACNielsen Category Masters event, attended by several hundred of ACNielsen's manufacturer, retailer, wholesaler, and broker clients. The new service, which combines ACNielsen's premier retail and consumer databases with Spectra's proprietary Lifestyle/Lifestage grid and consumer-based response measurement, allows marketers to identify the marketing vehicles, advertising levels, event timing and promotional programs that generate the greatest marketing impact.

"In today's environment, nothing is more important than achieving marketing ROI Marketing ROI is a related term to Return on Marketing Investment (ROMI) and is a measure of the effectiveness (see also marketing effectiveness) of various marketing activities. , consistently and measurably," said Tim Callahan, president of ACNielsen U.S. "To do that, marketers need reliable ways to identify and implement marketing activities that reach targeted consumers and build sales. They need information that can ensure their investment will yield the highest possible return for their brands. This joint service gives them that capability."

Traditional marketing mix modeling services analyze overall sales levels to measure advertising and promotional responses in the market at large. The ACNielsen/Spectra consumer marketing mix model goes several steps further by measuring responses of key lifestyle and ethnic consumer segments, as well as specific geographies. The service gives clients clear, action-focused analysis of each element in the marketing mix: advertising, coupons, trade promotions and pricing.

"This is a vital link in consumer-centric marketing, which represents the future of the consumer products industry," said John Lawlor John Lawlor is an American actor. His best known role is Headmaster Steven Bradley on the television series The Facts of Life from 1979 to 1980.

He also guest-starred in L.A. Law, Knots Landing, Mr.
, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Spectra. "Marketing spending is the next frontier for corporate effectiveness. What has eluded the world's smartest marketers is a single, powerful system for identifying the highest-prospect consumers for a brand, pursuing them with offers that resonate res·o·nate  
v. res·o·nat·ed, res·o·nat·ing, res·o·nates

v.intr.
1. To exhibit or produce resonance or resonant effects.

2.
 within the most relevant media, and measuring impact in terms of purchases by this specific group. By creating the next standard in marketing mix modeling, we're supplying a critical link in the profit chain."

Marketers can track marketplace results on the same consumer basis they use for marketing mix modeling and planning by using the ACNielsen Lifestyle Track(TM) information service that ACNielsen and Spectra launched in the fall of 2000. ACNielsen Lifestyle Track is the only product that tracks sales and market share by consumer target groups on a national and regional basis.

Spectra Inc. (www.spectramarketing.com), a division of VNU N.V, is the fourth largest information services company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . With headquarters in Chicago, IL, Spectra, along with its MediaPlan and Trade Dimensions divisions, is the leading provider of Consumer-Centric Marketing solutions to consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale
foodstuff, grocery - (usually plural) consumer goods sold by a grocer

plural, plural form - the form of a word that is used to denote more than one
 companies, and is leading the development of information tools that establish a brand-specific framework for achieving Marketing ROI. The company pioneered the framework for identifying brand opportunity on a combined lifestyle-lifestage basis with the introduction of the 54-cell Spectra Grid, which classifies consumer households according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 six demographic and nine lifestyle criteria.

ACNielsen, a company of VNU N.V., is the world's leading market research firm, offering measurement and analysis of marketplace dynamics, consumer attitudes and behavior, and new and traditional media in more than 100 countries. Clients include leading consumer product manufacturers and retailers, service firms, media and entertainment companies and the Internet community.

Note to Editors: Look for this press release and other ACNielsen and Spectra news on the Internet at http://acnielsen.com and http://spectramarketing.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 21, 2001
Words:598
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