Searching for relevance in order to drive growth
Our client created the online pet medication market and dominated it for nearly a decade. However, failing to keep up with market shifts put them in a position where they were rapidly losing ground to newer, more agile competitors. They needed to redefine themselves to find a new path for growth.
Understanding drivers of engagement
The Connell Group conducted two phases of quantitative research. We first conducted a segmentation study of Pet Owners. We then mapped our client’s current customer base against the segments. This enabled us to understand:
- Opportunity Size: how much growth potential exists in each segment
- Engagement Potential: how easy will it be to engage and drive action within each segment
- Strategic Alignment: how credible the brand is to deliver for each segment
Recommendation of segment priorities
Based on our recommendation of segment and positioning, the company was able to create new messaging, a digital strategy, and ultimately set themselves up for new acquisitions and offerings to play a valuable role in pet owners’ lives.