adapted for pumba-how to ride the consumer insight motorbike iim a part1

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  • 7/31/2019 Adapted for PUMBA-How to Ride the Consumer Insight Motorbike IIM a Part1

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    How to ride theConsumer Insight Motorbike

    A learn-by-doing workshop by Univbrands

    Advertising Club Calcuttapresents

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    Learn by doing

    Choose a product or service

    Express it as a brand

    In todays brand sensitive world, which is the mediumthat has the highestOTS* ?

    *Opportunity to be seen

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    Participants present

    Introduce yourselves

    Introduce your brandShow or describe the face of the brand

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    What are you really selling?

    Products have rationales

    Brands have emotionales

    To discover a brands emotionale you have to

    understand the target consumer The emotionale will always be based on a strong

    consumer insight

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    Some examples ofconsumer insight

    People take pictures to preserve memories

    Kodakis really selling memories

    People change watches depending on what

    clothes they are wearing Titan is really selling fashion

    What are the brands you admire?What are they

    really selling?Whats the consumer insightinvolved?

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    Students at MICA came up with theseWhich of these are true consumer insights ?

    Camlin : Children crave to have a close companion withthem while growing up.

    LG golden eye TV: A mother worries that rays emittingfrom television can harm her childs eyes.

    Bajaj: Indian youth is modern yet traditional at heart.

    Marlboro: Every male has a hidden desire to lead the life ofa cowboy.

    Lux: Every girl has a hidden desire to be a film star

    Cadburys Dairy milk I want to share the things I lovewith the people I love.

    People want to share things they love with those that theylove

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    Good consumer insights

    The Thats very true feeling

    Observation of consumer behaviour or belief

    Universal truth

    AnAha Factor

    Could span Product Categories Because it is true of the consumer, not of the product

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    How does one discover a consumer insight?

    By talking to consumers

    By developing your powers of observation

    By drawing on a lifetime of research

    By using common sense

    It is, finally, as easy as riding a motorbike

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    Two crucial questions for any brand

    1. At whom is the brand aimed?

    2. What are you really selling?

    There are two more.

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    Key Brand Planning Question 1

    At whom is the brand aimed?

    Everybody = Nobody Define a mindset Demographics is for media planners.

    Mindset is for brand planners.

    This mindsetwill be associated with the brands emotionale

    Find out what the target consumer thinks, feels and does

    Not just about your product category. But about his or heremotional needs that you could satisfy.

    Knowledge, Attitude and Behaviour (KAB) studies help. Butnot everyone can afford them.

    You can do this yourself. You meet consumers every day.

    Formal Market Research rarely throws up consumerinsights. Engaging consumer contact does.

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    Key Brand Planning Question 2

    Whats the brands emotionale?

    Is it based on a consumer insight? Does it connect with the product rationale?

    If you dont already have an emotionale, start with

    alternative hypotheses.

    What couldthey really be buying?

    Then devise an engaging mind game that will help youunderstand the consumer

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    Devising engaging consumer games

    Consumers can spot market researchers from a

    mile All Asians tell market researchers what the market

    researchers want to hear

    Make your research inventive, engaging The respondent must enjoy the conversation /

    interaction

    Avoid revealing the product or brand you are

    researching Explore the hypothetical emotionale Not the product or service. Observe where the

    product or service naturally fits in

    Listen with your eyes. See with your ears.

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    Meet the consumer

    Use flattery

    Excuse me. I couldnt help noticing your ( ). Where didyou get it?Make friends. Find a common ground of interest

    Use projective techniques See that person? Why do you think he goes to a

    multiplex?

    Use engaging games Here are three (intriguing visual props). If you tell me

    what you feel about them, I will tell you what you preferin (product category)

    Make sure everyone on the team knows your game planfor contact with the consumer

    Make notes afterthe consumer contact, not during it.

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    To be continued