the bright future of market research smartees workshop

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The Bright Future of Market Research This is the full slidedeck of our Smartees Workshop on ‘the Bright Future of Market Research’ (11 February, 2014). The main focus is on how both traditional quantitative and qualitative research can be better, fresher and more contemporary by approaching participants and internal stakeholders differently.

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This is the full slidedeck of our Smartees Workshop on 'the Bright Future of Market Research' (11 February, 2014). The main focus is on how both traditional quantitative and qualitative research can be better, fresher and more contemporary by approaching participants and internal stakeholders differently.

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Page 1: The Bright Future of Market Research Smartees Workshop

The Bright Future of

Market Research

This is the full slidedeck of our Smartees

Workshop on ‘the Bright Future of

Market Research’ (11 February, 2014).

The main focus is on how both

traditional quantitative and qualitative

research can be better, fresher and

more contemporary by approaching

participants and internal stakeholders

differently.

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# insites

# mrx

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CONVERSATION STARTERS

Hi, I am ….. and I work as…… @.......... .

When I think about research, I think…

I am here because …

My company uses research when…

I prefer quant over qual because…

I prefer qual over quant because…

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The bright future

of market research?

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Who filled out a +5 minutes survey

from another brand, service or

company in the past 6 months?

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Who has already participated as a

respondent in qualitative research

(focusgroup or in-depth interview)

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Who ever thought: ‘who the h*ll is

actually still filling out surveys?’

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Who has already done or experienced

ONLINE qualitative research?

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3 questions you’d like to

be answered today.

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9h00: Doors open

9h30: Welcome & introduction

9h40: Workshop part I

11h00: Coffee break

11h15: Workshop part II

12h30: Lunch

13h15: Workshop part III

14h45: Coffee break

15h00: Workshop part IV

16h15: Wrap up and Q&A

16h30: Closing reception

Program

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Enjoy the deepdive!

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Operational Excellence

Customer Intimacy

Product Leadership

3 types of strategic focus (Tracey & Wiersema)

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3 types of strategic focus (Tracey & Wiersema)

Operational Excellence

Customer Intimacy

Product Leadership

Provide customers with good, standard products

at low cost

Provide customers with high quality innovative

products

Provide customers with personalized products

that exceed expectations

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3 types of strategic focus (Tracey & Wiersema)

Operational Excellence

Customer Intimacy

Product Leadership

Provide customers with good, standard products

at low cost

Provide customers with high quality innovative

products

Provide customers with personalized products

that exceed expectations

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Consumers are at the heart of our organisations

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Customers…

Who are they?

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Let’s look at our customers…

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?

?

?

?4 things to remember about the new customer

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Consumers create content themselves…

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57% A person from your contact

list

14% A company

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Everyone is a critic/reviewer and the outcome may leverage your brand…

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... or damage your brand

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?

?

?

Perfect information

Consumer-generated

Trustworthy

Lightning fast

Fuelled by social media

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?

?

?

empowered

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Cultures were never so close

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Stimulation junkies. On the go, but 100% connected.

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Segmentation? Maybe contextually. Maybe.

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? ?

empowered

Globally in touch

Hyperfast learning

Raising bar of expectations

Segmentation = difficult

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cosmopolitanempowered

? ?

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What’s YOUR perfect

restaurant experience

like?

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83%

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Different

Country,Different

Story

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Higher purchase intention for products co-created by peers. (van Dijk, 2012)

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cosmopolitanempowered

? Sharing feedback

Walking in our shoes

Concrete business outcomes

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smart co-creator

cosmopolitanempowered

?

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The paradox of choice.

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smart co-creator

cosmopolitanempowered

Rational overload

Emotional heuristics

Herd behaviour

Emotional sharing

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smart co-creator

cosmopolitanempowered

emotional

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?

?

?

?4 things to remember about the new customer

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smart co-creator

cosmopolitanempowered

emotional

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It’s the media, stupid!

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What’s the impact

on companies?

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We need to make consumers an

integral part of everything we do.

Mariken Kimmels / H.J. Heinz

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What’s the impact

on research?

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Get out

of your

comfort

Zone

BREAKOUT

EXERCISE

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The battle of

the screens

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Playing instead

of paying for

attention

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Filling our

Blind Spots

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Survey research in the

age of engagement?

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77

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78

FROM BOREDOM TO

ENGAGEMENT

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79

AMOTIVATION

INTRINSIC

MOTIVATIONEXTRINSIC

MOTIVATION

Task is not done properly

Interest, enjoyment

highly competent

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AMOTIVATION

INTRINSIC

MOTIVATIONEXTRINSIC

MOTIVATION

AUTONOMY

COMPETENCE

RELATEDNESS

VALUE

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YOU ARE FREE TO

AUTONOMY

DO THIS OR NOT

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AU

TO

NO

MY

MODULARITY AT THE

PARTICIPANT SIDE

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AU

TO

NO

MY

OPTIONAL SECOND

SURVEY DIMENSION

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YOU ARE GOOD AT

COMPETENCE

THIS

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CO

MP

ET

EN

CE

PARTICIPANTS AS

CO-RESEARCHERS

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CO

MP

ET

EN

CE

TASKS

BEYOND RESPONDING

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PEOPLE LIKE YOU

RELATEDNESS

DO THIS

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R&D contribution• The lounge

What did we do?

xxxxRE

LA

TE

DN

ES

S

CONNECTING IN

THE LOUNGE

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RE

LA

TE

DN

ES

S

INTRODUCING THEIR

SHARED INTERESTS

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WHAT YOU DO HAS

VALUE

A MEANING

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VA

LU

E

SHARING THE CLIENT

OBJECTIVES

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4. Value = what you do has meaning

VA

LU

E

SHARING THE CLIENT

OBJECTIVES

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BETTER CAPTURE THE COMPLEX

CONSUMER REALITY

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Recognizing the social

dimension in decision making

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THE CONTAGIOUS EFFECT

OF THE SOCIAL DIMENSION

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THE ASSOCATION TOOL

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4% spontaneous 72% promptedVS.

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of consumer behaviour

Context is a better predictor

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Task 1: Your breakfast moment

Task 1: Your breakfast momentTake a picture when you are heaving breakfast. What are you having for breakfast and why do you choose this?

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BETTER UNDERSTAND

TARGET GROUPS DIFFERENCES

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by emotions

Our decisions are wired

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AVOIDING RECALL BIAS

USING TASK-BASED ELEMENTS

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ADDED VALUE OF

IMPLICIT MEASUREMENT

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ADDED VALUE OF

IMPLICIT MEASUREMENT

NICHE NATURAL

POTENTIAL

These items are not associated with the given brand by a lot of respondents, however the reaction time is faster than average.These are niche associations often amongst users with a certain brand experience.

These items are associated with the given brand by many respondents and the reaction time linked to the association is faster than average.These are natural and spontaneous associations.

These items are associated with the given brand by many respondents but the reaction time is below average.These are potential associations which can become natural if the given brand enhances the communication.

% of respondents

Reaction tim

e

LIMITS

These items are not associated with the given brand by a lot of respondents and if associated the reaction time is below average.These items are not linked with brand.

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BETTER

FASTER

CHEAPER

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Get out

of your

comfort

Zone

BREAKOUT

EXERCISE

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What about mobile

Market research?

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VS.

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SMARTPHONE PENETRATION IN

BELGIUM IS ±40%

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MOBILE IS

NOT

THE GOAL

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WE SHOULD BE ABLE TO REACH

THE CONSUMER AT THE MOST

RELEVANT MOMENT ON THE

MOST SUITABLE PLATFORM

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?

??

?

Exploring

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Recruitment

Mobile = online + offline research

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Should we worry?

Socio demographics Technological advancedEngagement

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?

?

?

1/Recruitment

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Profile?

Impact?

Satisfaction?

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Time to reach 400 participants?

4 hours 4 days 4 weeks@McDonaldSimon

@Anoukw1

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Get access to real behaviour!

New information

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2/ Marketing

?

?

?

1/Recruitment

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How about mobile & MROCs?

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15 inch

4,3 x less engagement?

3,5 inch

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Does mobile make community members

less engaged?

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Yes No

Using the mobile app really

helps me staying in touch

more with the community “ “

Does mobile make community members

less engaged?

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15 inch

Mobile leads to less rich data?

3,5 inch

Yes NoNo

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Members don’t post more, but…

…more contextual & personal stuff

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More engagement

Richer contributions

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Going beyond the method

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2/ Marketing

?

?

1/Recruitment

3/ Communities

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And... in all phases of the research!

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2/ Marketing

?1/Recruitment

3/ Communities 4/ Reporting

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The rising star in

qualitative research?

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‘Online Communities’ become more and

more a true ‘Fusion Research’ tool that

allows for ‘triangulation’ on different

levels. Leading to more valid research

results, fresh inspiration and a deeper

understanding of the issue researched.

Frédéric Gennart / Inter IKEA Systems

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@tomderuyck

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Central Research Nerve System

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Get out

of your

comfort

Zone

BREAKOUT

EXERCISE

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Design the communityHow will your community be setup?

1/ Who

3/ Questions &

tasks

2/ What

3/ What are your questions & tasks for the

consumers?

• ..

• ..

2/ What’s the main goal of your community?

• ..

• ..

1/ Who will you select (profile, number)?

• ..

• ..

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What could be

the result?

IKEA CASE:Fusion with Implicit Measurement

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360°evaluation

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Before: focus groups

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From good to great

Focus groups were only giving

a snapshot of reality

Limited time spent with

consumers and a limited portfolio of research techniques possible

Largely determined by the quality and experience of the moderator

Internal stakeholders do not follow sessions that often

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Triangulation

Data

Method Environmental

Theory

Investigator

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Doing things

faster and more

cost-efficient

Gaining a higher

quality of data &

deeper insights

Doing things that

were just not

possible before

Evaluation of a method

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#1Reason to

participate

#2Conversation

guide

#3Role of the

moderator

#4Gamification

Different country, different story

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Participants >

Consumer Consultants

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What could be

the result?

YELO CASE:Fusion with Social Media Research

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Leveraging research

results to the max!

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Diffusing research results should be like getting those small

Magic Boxes from McDonald’s:

blending results, stories and quotes

Carole Lamarque / Linkman

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Conversations from external stakeholders

Convers

ations fro

m in

tern

alsta

kehold

ers

Proud

company

Conversation

company

Boring

company

Adored

company

Communication is key!

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Total consumer

immersion

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Internal

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Internal

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Internal

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Internal

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Internal

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External

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What about the future of

market research?

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Smart Cookies

academic backbone

sector expertise

marketing consulting

innovative methods

change agent

engagement & activation

Creative

Solid

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We are never done

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linkedin.com/in/tomderuyck

[email protected]

@tomderuyck

www.insites-consulting.com

Ready for a bright future?

Head of Research Communities

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linkedin.com/in/katiapallini

[email protected]

@KPallini

www.insites-consulting.com

Ready for a bright future?

Senior Research Innovation Consultant

Katia Pallini