Download - Session8 listening

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Page 1: Session8   listening

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


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