Palmer: Introduction to Marketing 2e
Chapter 06
Geodemographic analysis has become a vital tool of market segmentation. Your postcode can say a lot more about you than simple statements of social class. A postcode is often the most vital piece of information that companies gather from their customers.
You can see the power of postcodes by visiting the upmystreet website (www.upmystreet.com). By entering a postcode from England, Scotland or Wales, visitors to the site are presented with a range of information about their area, for example house prices, nearby schools and crime levels in the area. Click on the demographics button and you will be presented with a description of the area based on its ACORN code classification.
Questions:
When you enter your postcard, does the ACORN code description provide a true representation of yourself and the people who live around you?
If you were deciding on the best locations for a new chain of minor sports injury clinics, how could ACORN codes help you? Look through the descriptions of the different ACORN classifications and come to a view about which ones you might target.
What additional information might you need in order to decide on the best locations for your clinics?
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