depaul deck for insights presentation_may9tha

19
Insights into Action May 9 th , 2016 La Sridhar Associate Director, Consumer Insights and Strategy, Kraft Heinz Company

Upload: researchsense

Post on 12-Apr-2017

67 views

Category:

Documents


2 download

TRANSCRIPT

Page 1: DePaul Deck for Insights Presentation_May9thA

Insights into Action

May 9th, 2016 La Sridhar

Associate Director, Consumer Insights and Strategy,

Kraft Heinz Company

Page 2: DePaul Deck for Insights Presentation_May9thA

Agenda• Introductions

• What is an Insight? What is not an Insight?

• Discussion on marketplace stimuli and insights behind them

• Typical CPG process

• Questions

Page 3: DePaul Deck for Insights Presentation_May9thA

What is an Insight?

Page 4: DePaul Deck for Insights Presentation_May9thA
Page 5: DePaul Deck for Insights Presentation_May9thA

Source: The Fortini-Campbell Company 5

Actionable Consumer Insight

• The “Sweet Spot”o The point of greatest emotional leverage

in the strategic value target’s psychology

o To which we can connect our product and brand

Page 6: DePaul Deck for Insights Presentation_May9thA

Source: The Fortini-Campbell Company 6

Consumer Insight• An insight is---

o Psychological, not behavioralo Empathetic, not judgmentalo Explanatory, not descriptive

An insight is not--o Exclusiveo Proprietaryo Temporary

Page 7: DePaul Deck for Insights Presentation_May9thA

7

Distilling Insights• Distinguish between:

o An insight and a fun fact

o An insight and product requirements

o An insight and shopping behavior

o An insight and usage behavior

And be very careful to distinguish between:

o An insight and a judgment

Source: The Fortini-Campbell Company

Page 8: DePaul Deck for Insights Presentation_May9thA

8

Five Barriers to Insight

• Targeting so broad, it’s meaningless

• Not observing broadly enough

• Not questioning deeply enough

• Not getting yourself--your values and your resistance to change--out of the way

• Leaping to insight from a demographic or behavioral target description

Source: The Fortini-Campbell Company

Page 9: DePaul Deck for Insights Presentation_May9thA

Marketplace Examples

Potential Insights

Page 10: DePaul Deck for Insights Presentation_May9thA

Applebee’s Carside to Go

• http://www.applebees.com/others/tv-ads

Page 11: DePaul Deck for Insights Presentation_May9thA

• https://www.ispot.tv/ad/7JF5/dsw-say-something-great-song-by-the-who

DSW Portfolio Spot

Page 12: DePaul Deck for Insights Presentation_May9thA

• https://www.ispot.tv/ad/7r4p/listerine-cool-mint-half

Listerine Mouthwash

Page 13: DePaul Deck for Insights Presentation_May9thA

TYPICAL CPG INSIGHTS DEVELOPMENT

PROCESS

Page 14: DePaul Deck for Insights Presentation_May9thA

CONSUMER TARGET AND BRAND FOUNDATION

CONSUMER-RELEVANT BRAND OFFERINGS & TACTICS

IN-MARKET SCORECARD

OUTPUT

INPUT

FIND & UNDERSTAND CONNECT & MOTIVATE TRACK & MEASUREOBJECTIVE

New Product/Quality

Improvement

MarketingComm.

In-MarketTracking/Analytics

ConsumerCompetitor

Macro Trends

Consumer Unmet Needs/Observation

Customer/Shopper

BrandEssence/

Differentiation

Lead with the Consumer!

TYPICAL CPG INSIGHTS DEVELOPMENT PROCESS

Page 15: DePaul Deck for Insights Presentation_May9thA

Trends

Key Questions/Considerations:

Global trends (socioeconomic, food, packaging, retailer, etc).

Demo shifts How is the consumer or their

world changing?

Syndicated studies (Yankelovich, Hartmann, Health Focus, etc)

Environmental scanning Trend trackers GNPD/Mintel Technomic AFH food consumption Competitive activity Lead Users/Influentials

Who are the ripe prospects and their core values?

What are their relevant attitudes, behaviors, preferences, beliefs, media habits?

Role of User/Shopper/ Gatekeeper

Need states/Segmentation/A&Us Immersion--Ethnography/observation ZMET/Kano Analysis Syndicated learnings-panel, NPD,

Spectra In store observation On line communities Shopper 360 Dr Rapaille, Cultural Anthropology

What is the consumer’s existing relationship with the brand/category?

Can my brand address an unmet need?

How and where can I extend my brand?

What other products meet similar needs?

Qualitative with projectives or laddering Existing insight mining

Team workshops Mine segmentation and needstate

research Market Structure

Brand

Essence/Differentiation

Consumer/Competitor/Macro Trends

Consumer Unmet Needs/Observation

Customer/Shopper

Target and Their Unmet Needs Role of Brand/CategoryOUTPUT

Research Approach/Tools:

Find the right target, get to know them well, while understanding the relevance of the brand and category

Page 16: DePaul Deck for Insights Presentation_May9thA

Consumer vs. ShopperSame Person; Different Goals

DESIRE - Usage occasions, brand benefits, narrative,

association

DECISION - Trip missions, retailer benefits, time, budget,

choices

16

Marketing objective is to get into the consumer’s

consideration set

Marketing objective is to get into the shopper’s cart

Page 17: DePaul Deck for Insights Presentation_May9thA

Consumer journey along the path-to-purchase

17Sources: Nielsen Multi-generational Households – New Normal, October 2014 (Path-to-Purchase image); Nielsen Homescan panel, 2014

Page 18: DePaul Deck for Insights Presentation_May9thA

Questions

Page 19: DePaul Deck for Insights Presentation_May9thA

How will YOU gather Insights?