Sterlings Designs Target Audience
Sterlings Designs Target Audience
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About The European Market
It has been reported in many industry trade publications that despite the downturn in the
economy, European audience are spending more and more of their disposable income on their
home. The home decorative accents segment of the gifts industry continues to perform strongly
posting a 2.2% growth in 2020 and reaching 15.9 billion EUR in sales.
Closer to home, homeowners in Germany, France, Italy and Spain spent 1.5 billion EUR on
home decorative products in the year 2020. I expect sales to continue to grow as home
ownership grows by 8.8% and 61% of homeowners reach a level of earnings above 50,000
EUR per year by the year 2025.
Shifting channels of distribution are a major trend in retailing today, with many consumers
turning to e-commerce for their home needs. This is where Sterling Designs finds its audience
waiting for it. There was a time where before the pandemic there was a perception that things
like this can only be bought at physical stores, but now it has all changed. People are buying
anything and everything available online. From fruits and vegetables to even expensive
jewellery. Then why not our products?
• The Southern Europe has more discretionary income dollars, leading the EU with 33.5%.
• The South Europe leads in households with 60,000EUR+ income and 80,000EUR+
income.
• The South Europe leads in projected growth of total personal income.
• The South Europe leads in the number of housing starts at 39.1%.
• The South Europe generates more retail sales than any other European Region in every
sales category.
• The South Europe is number one in sales of furniture and home furnishings.
Market Segmentation
Sterling Designs intends to target specific market segments to generate sales.
BABY BOOMERS (age 38 to 56) still have kids at home, so they need bigger houses and
possessions to put in those houses. Their affluence is reaching its highest level.
GENERATION X (age 24 to 37) is thriftier than previous generations, very home-oriented, and
prefers more free time to more money.
ECHO BOOMERS (including people born between 1979 and 2005 – customers who have yet
to be born!) will be the most affluent young generation ever (they have access to the Baby
Boomers’ money), and they grew up with technology.
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Market Segment Characteristics
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The Searches People Conduct
• These are related questions that your audience will tend to search most often. Make sure
you bid higher for these and try to rank up on search engines for these statements.
• There obviously many other keywords that you can use, but these are long tail keywords
which are more rare to find. I have scraped my tools through your website for 2
consecutive days and hence concluded over these particular long tail keywords
(questions).
• These keywords need to be analyzed on your Ad Platforms thoroughly to check which
one performs better in which area. I have tested these for United States of America,
South Asia and United Kingdom.
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• Another powerful way to reach our audience is The Comparison Technique. I have been
using this for a lot of my clients for the past 2 years and it has worked amazingly well for
most of them.
• People shopping online have an habit of comparing things with other things. For
instance, “home décor and furniture” or “home décor like shein”. You won’t believe but
the search “home décor like shein” gets more hits on Google than “shein home décor”.
Funny right? But it’s a fact. People want the best, but they also want value for money.
Always remember that.
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• Prepositions is pretty common and you are already using this pretty well. I have kept this
in this report for your reference. You are doing this part pretty well already, but in case
you need to refer to this and add stuff, you can go ahead and do that.
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• The most detailed as well as time consuming part to reach our audience is their
questions. Their questions are unpredictable and very difficult to interpret.
• But if we are able to match a list of even 80% correct questions and sync it with how they
think, the number of impressions on your website will be limitless and the CPC will drop
rock bottom.
• Heavy traffic, Low CPC, More conversions. A true dream come true (haha!).