cm research
TRANSCRIPT
Copyright © 2011 CM Research Ltd. All rights reserved.
Copyright © 2011 CM Research Ltd. All rights reserved.
Agenda
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•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved. 3
Who we are
CM Research provides online market research
Full service agency
•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
Our Managing Director, Carlos Michelsen
MRS Market Research effectiveness award in 2007.
Our research is carried out under bothESOMAR and the MRS Codes of Conduct.
Copyright © 2011 CM Research Ltd. All rights reserved.
-Companies in the veterinary industry
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•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
-Market research agencies
Who we serve
Copyright © 2011 CM Research Ltd. All rights reserved.
Companies in the veterinary industry
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We are a full service online market research company
In particular we can:
Define the market research problem
Develop the research methodology
Carry out research
Provide post-research analysis
Present an advice
•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved.
Market research agencies
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•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
We are flexible enough to accommodate your research needs
In particular we can:
Provide samples
Design online questionnaires
Direct our panelists
Field questionnaires
Deliver tabs
Produce reports
Copyright © 2011 CM Research Ltd. All rights reserved. 7
•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
What we do
In 2010 we successfullydelivered projects in:
-Driver analysis-Concept testing-Packaging testing-Product evaluation-Advertising evaluation
Copyright © 2011 CM Research Ltd. All rights reserved. 8
Vetspanel is the largest community ofveterinary professionals for marketresearch purposes.
UK and France – 3,000 membersSoon in Germany, Italy, Spain.
How we do it
Members take part in research studies and are rewarded.
•CM Research•Our services•Vetspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
-Solid Recruitment,-High response rates-High completition rates-Rewards
Copyright © 2011 CM Research Ltd. All rights reserved. 9
How we do it
Members take part in research studies and are rewarded.
Petspanel is a pet owner’s communitywhere membership is by invitationonly.
More than 20,000 members
7 countries across Europe
•CM Research•Our services•Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
-High response rates-High completition rates-Rewards
Copyright © 2011 CM Research Ltd. All rights reserved. 10
What you get
•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
•Custom solutions•Web solutions•Speed
Our experience and availability of panelists
save you both time and money.
When a quick answer is required to a research question
Copyright © 2011 CM Research Ltd. All rights reserved.
Why we do it
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We understand how important is for you tomake the best strategic marketing decision.
•Can this idea become a new product?
•What is really important in my product/service?
•What has the most effect on the likelihood my
product will be purchased?
•What are the similarities and differences among
our target groups?
•Does my advertising really communicate what I
want to?
•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved.
Meet Claire and John
• Situation – Claire had to decide on media investments in UK
• Task – User segmentation and compare with media consumption
• Action – 8,500 online surveys among pet owners in UK
• Result – Media investments were optimized according to target group
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Brand Manager and Customer Insight manager Multi-national company , veterinary industry
•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved.
Summary
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•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved.
Questions and Answers
•CM Research•Our services•Vetspanel and Petspanel•Your benefits•Business pressing questions•Meet Claire and John•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved.
• Situation - Consumers’ understanding of the ingredients in a package.
• Task - Identify aspects that attract attention and aspects that inform.
• Actions –Researched 150 UK dog owners, main shoppers, feeders of dry pet foods.
• Result - Pictures of food are fairly irrelevant in guiding consumers’ choice, although ingredients are not.
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Packaging Testing
•Our services
Packaging Testing
Multi-national company , veterinary industry
Copyright © 2011 CM Research Ltd. All rights reserved.
• Situation –two different ads for pet owners to communicate benefits
• Task – compare the ads to evaluate customers’ recall and action
• Actions –177 online questionnaires amongst dog owners
• Results - a clear ad winner was identified
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Advertising Evaluation
•Our services
Advertising evaluation
Multi-national company , veterinary industry
Copyright © 2011 CM Research Ltd. All rights reserved.
Concept testing
• Situation – Generate relevant and new consumer products by developing ideas
• Task – Test and determine the relevant performance of 17 ideas or concepts
• Actions – 2,250 online interviews with recent buyers. 17 cells of 150 buyers
• Results - No concept exceeded a T2B purchase intention of 60% (which is the benchmark for FMCG)
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Purchase Intention Overall Opinion
Uniqueness Value For Money
Believability Relevance
Taste New & Different
•Our services
Concept testing
Multi-national company , veterinary industry
Copyright © 2011 CM Research Ltd. All rights reserved.
Product evaluation – UK and France
• Situation – Client introduced a range of snacks for small/mini breeds of dogs.
• Task – Understand barriers of choice like Awareness, Familiarity, Use, Experience
• Actions – 490 online surveys in UK and 198 completed surveys in France
• Results - Snacks were too small. In France: Palatability, Price and Calories
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•Our services
Product Evaluation
Multi-national company , veterinary industry
Copyright © 2011 CM Research Ltd. All rights reserved.
Driver analysis – Italian market
• Situation - The client was behind the main competitor on most KPI’s
• Tasks – Understand drivers of purchase intention and drivers of volume.
• Action - 1000 online interviews to buyers of pet food in the speciality channel.
• Results - The client could do better as eliciting non-vet recommendations.
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•Our services
Driver Analysis
Multi-national company , veterinary industry
Copyright © 2011 CM Research Ltd. All rights reserved.
Pricing Research
• Situation – a client wanted to decide the price of a paint of beer
• Task – Use the PSM to indicate the optimum price point
• Action - asked respondents to give purchase intention for different price options
• Results - Optimum price £2.00 Very little increase in rejection if price is increased to £2.40 Recommended optimum price: £2.40
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•Our services
Pricing Research
Multi-national company, beverage industry
Copyright © 2011 CM Research Ltd. All rights reserved. 21
Where veterinary professionals share their opinions.
Copyright © 2011 CM Research Ltd. All rights reserved. 22
Where veterinary professionals
share their opinions.
Agenda
•Coverage•Our panellists•Rewards•Solid Recruitment•High response rates•High completition rates•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved.
Coverage
• Vetspanel is currently present in the United Kingdom and France.
• In both countries we have over 3000 registered vets and vet nurses that have agreed to take part in market research.
• Coverage in both countries is national and includes those working in small and large practices, as we all as rural and urban practices.
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•Coverage•Our panellists•Rewards•Solid Recruitment•High response rates•High completition rates•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved.
Our panellists
• All our panellists have been carefully screened and selected.
• Membership is by invitation only or by recommendation from a colleague.
• Vets and vet nurses manage their membership through our website (www.vetspanel.com)
• Members can also suggest questions to ask their colleagues in future surveys or even suggest new charities.
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•Coverage•Our panellists•Rewards•Solid Recruitment•High response rates•High completition rates•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved.
Rewards
• Panellists are rewarded with points.
• Gift vouchers, cash or donations toselected charities.
Last year, our members donated to :
• NSARDA - £245
• RSPCA - £180
• WWF - £80
• Green Peace - £40
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•Coverage•Our panellists•Rewards•Solid Recruitment•High response rates•High completition rates•Q&A
Copyright © 2011 CM Research Ltd. All rights reserved.
Solid recruitment methods
• Members of directly recruited by CM Research
• Membership is by invitation only.
• New members are only accepted after we've verified their details and have contacted them directly.
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•Coverage•Our panellists•Charitable giving•Solid Recruitment•High response rates•High completition rates•Q&A
Members take part in research studies and are rewarded.
Copyright © 2011 CM Research Ltd. All rights reserved.
High response rates
• Accurate panel management and interesting questionnaires are
• Right balance in the number of studies a panel member is invited
• Response rate of over 50% on average with our studies.
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•Coverage•Our panellists•Rewards•Solid Recruitment•High response rates•High completition rates•Q&A
Members take part in research studies and are rewarded.
Copyright © 2011 CM Research Ltd. All rights reserved.
High completion rates
• Surveys are fun, engaging and interesting for our members.
• Innovative methods and attractive designs
• Uncomplicated tasks and questions
• Completion rate of over 90% on average.
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•Coverage•Our panellists•Rewards•Solid Recruitment•High response rates•High completition rates•Q&A
Members take part in research studies and are rewarded.
Copyright © 2011 CM Research Ltd. All rights reserved. 29
Questions and Answers
•Coverage•Our panellists•Rewards•Solid Recruitment•High response rates•High completition rates•Q&A
Where veterinary professionals share their opinions.