Download - Session8 listening
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Listening & Talking to the Groundswell
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“Brands belong to customers, not companies.”- Ricardo Guimaraes, Brand Theorist
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Listening & Market Research
• Market Data – Quantitative, “the numbers”• Market Information – Data with Analysis, gives
“meaning” • Market Insight – Qualitative, Discovers “Why”
Customer insight – what they are thinking and why
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Listening
Limitations & Problems with Listening to the Groundswell
1. We only hear from those who participate in talking
2. The volume of insight is great and difficult to capture
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Listening
Two listening Strategies
1. Conversation Monitoring2. Brand Monitoring
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Listening
Listening strategies help improve products, services and the brand in general by providing decision makers the data, information and insight to make better decisions and adapt to the market.
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Listening
How to start listening to the groundswell:1. Find out what your brand means2. Understand how buzz is always shifting3. Increase research responsiveness &
effectiveness4. Find influencers5. Manage PR Crisis6. Generate new products & marketing ideas