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Telmar's Correspondence program
offers a pictorial representation of a Crosstab, showing data plotted
according to correlation. Correspondence analysis is a method of
identifying the factors that differentiate between people in a market.
The program is used to
understand a market, understand users of a brand, or to identify
potential market gaps. It also identifies the most "discriminating"
or "important" lifestyle statements prior to a cluster.
Telmar Correspondence
provides:
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Charts for presentation
of markets (with demographics, or the media plan overlaid)
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A full set of statistics
to aid quick interpretation of a market. These statistics can
be used for choosing lifestyle statements, prior to running
cluster analysis
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The ability to move
data on a chart, with or without a line, indicating where each
variable came from
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Charts can be saved
in metafile format (for use in PowerPoint)
So how do the charts
look? The following analysis of record shops gives an example of
what you can do:
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