• Subscribe to our newsletter
The Media Online
  • Home
  • MOST Awards
  • News
    • Awards
    • Media Mecca
  • Print
    • Newspapers
    • Magazines
    • Publishing
  • Broadcasting
    • TV
    • Radio
    • Cinema
    • Video
  • Digital
    • Mobile
    • Online
  • Agencies
    • Advertising
    • Media agency
    • Public Relations
  • OOH
    • Events
  • Research & Education
    • Research
    • Media Education
      • Media Mentor
  • Press Office
    • Press Office
    • TMO.Live Blog
    • Events
    • Jobs
No Result
View All Result
  • Home
  • MOST Awards
  • News
    • Awards
    • Media Mecca
  • Print
    • Newspapers
    • Magazines
    • Publishing
  • Broadcasting
    • TV
    • Radio
    • Cinema
    • Video
  • Digital
    • Mobile
    • Online
  • Agencies
    • Advertising
    • Media agency
    • Public Relations
  • OOH
    • Events
  • Research & Education
    • Research
    • Media Education
      • Media Mentor
  • Press Office
    • Press Office
    • TMO.Live Blog
    • Events
    • Jobs
No Result
View All Result
The Media Online
No Result
View All Result
Home Arc Press Office

Are LSMs still relevant in 2019?

by TMO Partner
May 31, 2019
in Arc Press Office, Research
0 0
0
Are LSMs still relevant in 2019?
Share on FacebookShare on Twitter

[PRESS OFFICE] The Living Standards Measure (LSM) is a segmentation tool widely used since the 80s. Recently though, there’s been growing criticism surrounding its accuracy and relevance in present day SA.

When it comes to the LSM party, I think it’s safe to say I arrived just as it was ending. In a recent poll we ran on our Arc Interactive Facebook page, 78% of people said they do not think LSM is still an accurate way to segment audiences. During my research, I found the same sentiment, leading me to realise that LSM is losing popularity rapidly. Why is this the case and if it’s really on its way out, what should we be using instead?

A system for a bygone era

One would think that an established measuring system that has been widely used since the late 80s would have gained a firm and positive reputation at this point. However, considering the profound political, social and economic changes our country has undergone in the last 30-odd years, a measurement system first conceptualised prior to 1994 would (understandably) be outdated in significant ways.

Columinate explains that the LSM “takes 29 different factors into account to classify consumers”, focusing on ownership of cars and major appliances, as well as the “degree of urbanisation” in which the consumer resides. Looking at these focus points alone, it’s easy to see where LSM would fall short.

According to Piet Geustyn, LSMs are basically irrelevant in fluctuating township areas (in which as much as half of South Africa’s urban population reside) and don’t allow for the detailed, time-consuming analysis of township consumers which is needed in order to effectively market to them.

Die-hard support

Change is often a slow process, and the shooing away of the LSM is no exception. Many strategists and even entire marketing departments and agencies still make use of LSM when justifying their marketing efforts today. While I’m sure they have their reasons for continuing to use it despite its now widely-known shortcomings, I can’t help but feel that this may be an “old dog, new tricks” scenario – where professionals who have been using the system for years and are familiar with it simply feel more trusting of LSM and are reluctant to try any alternatives. Wait, there are alternatives?

New kids on the block

Just because the LSM is perhaps the most well known segmentation tool in SA, doesn’t mean it’s the only one. According to Media Update, the TGI (Target Group Index) and SEL (Socio-Economic Levels) measurements are segmentation tools which could be equally, if not more useful than LSMs.

Another strong contender which has emerged in recent years to de-throne LSMs has been the Socio-Economic Measure (SEMs). This measure is shown to be a more accurate representation of the South African consumer landscape when analysed directly side-by-side with LSM findings.

It’s the responsibility of marketers and strategists to stay on top of new and emerging trends and be connected and aware of the constant societal changes and shifts. After all, you can’t communicate a brand message if you’re not part of the current dialogue. Now that we’re in the era signifying the end of the LSM, it’s up to you, as a marketing professional, to decide what you’ll be using for your measurements moving forward.


For more information, visit www.arcinteractive.co. You can also follow Arc Interactive on Facebook, Instagram and Twitter.


Zapriana Atanassova is a digital copywriter and community manager with a passion for creativity and communication. After majoring in Journalism and International Studies at Monash South Africa, she found her place among the creative (crazy) geniuses of the Arc Interactive team – a digital marketing agency based in Sandton, Johannesburg.


 

Tags: ArcaudienceconsumersinsightsLiving Standard MeasureLSMLSMsmarketersmarketingPress OfficeresearchSELsSocio-Economic LevelsTarget Group IndexTGIZapriana Atanassova

TMO Partner

Follow Us

  • twitter
  • threads
  • Trending
  • Comments
  • Latest
Kelders van Geheime: The characters are here

Kelders van Geheime: The characters are here

March 22, 2024
Dissecting the LSM 7-10 market

Dissecting the LSM 7-10 market

May 17, 2023
Keri Miller sets the record straight after being axed from ECR

Keri Miller sets the record straight after being axed from ECR

April 23, 2023
Getting to know the ES SEMs 8-10 (Part 1)

Getting to know the ES SEMs 8-10 (Part 1)

February 22, 2018
Sowetan proves that sex still sells

Sowetan proves that sex still sells

105
It’s black. It’s beautiful. It’s ours.

Exclusive: Haffajee draws a line in the sand over racism

98
The Property Magazine and Media Nova go supernova

The Property Magazine and Media Nova go supernova

44
Warrant of arrest authorised for Media Nova’s Vaughan

Warrant of arrest authorised for Media Nova’s Vaughan

41
South Africa’s commerce media moment has arrived

South Africa’s commerce media moment has arrived

May 30, 2025
Seven Days on Social Media: Child Protection Week, #MyDisappointment and a soppy seal

Seven Days on Social Media: Child Protection Week, #MyDisappointment and a soppy seal

May 30, 2025
Navigating the AI tide without losing our humanity

Navigating the AI tide without losing our humanity

May 29, 2025
The marketing mission remains clear

The marketing mission remains clear

May 29, 2025

Recent News

South Africa’s commerce media moment has arrived

South Africa’s commerce media moment has arrived

May 30, 2025
Seven Days on Social Media: Child Protection Week, #MyDisappointment and a soppy seal

Seven Days on Social Media: Child Protection Week, #MyDisappointment and a soppy seal

May 30, 2025
Navigating the AI tide without losing our humanity

Navigating the AI tide without losing our humanity

May 29, 2025
The marketing mission remains clear

The marketing mission remains clear

May 29, 2025

ABOUT US

The Media Online is the definitive online point of reference for South Africa’s media industry offering relevant, focused and topical news on the media sector. We deliver up-to-date industry insights, guest columns, case studies, content from local and global contributors, news, views and interviews on a daily basis as well as providing an online home for The Media magazine’s content, which is posted on a monthly basis.

Follow Us

  • twitter
  • threads

ARENA HOLDING

Editor: Glenda Nevill
glenda.nevill@cybersmart.co.za
Sales and Advertising:
Tarin-Lee Watts
wattst@arena.africa
Download our rate card

OUR NETWORK

TimesLIVE
Sunday Times
SowetanLIVE
BusinessLIVE
Business Day
Financial Mail
HeraldLIVE
DispatchLIVE
Wanted Online
SA Home Owner
Business Media MAGS
Arena Events

NEWSLETTER SUBSCRIPTION

 
Subscribe
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2015 - 2023 The Media Online. All rights reserved. Part of Arena Holdings (Pty) Ltd

No Result
View All Result
  • Home
  • MOST Awards
  • News
    • Awards
    • Media Mecca
  • Print
    • Newspapers
    • Magazines
    • Publishing
  • Broadcasting
    • TV
    • Radio
    • Cinema
    • Video
  • Digital
    • Mobile
    • Online
  • Agencies
    • Advertising
    • Media agency
    • Public Relations
  • OOH
    • Events
  • Research & Education
    • Research
    • Media Education
      • Media Mentor
  • Press Office
    • Press Office
    • TMO.Live Blog
    • Events
    • Jobs

Copyright © 2015 - 2023 The Media Online. All rights reserved. Part of Arena Holdings (Pty) Ltd

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?