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Bureau West ? Market Research

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Uncovering What Customers Really Think How to Conduct Research that Gets to the Truth Bureau West, Inc. Market Research & Marketing Strategy Los Angeles, California, USA – PowerPoint PPT presentation

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Title: Bureau West ? Market Research


1
Uncovering WhatCustomers Really ThinkHow to
Conduct Research that Gets to the Truth
  • Bureau West, Inc.
  • Market Research Marketing Strategy
  • Los Angeles, California, USA
  • Tel 1-818-588-6050
  • Email info_at_bureauwest.com

2
Bureau West research strategy
  • Consortium of independent researchers
  • Qualitative research (focus groups, interviews,
    online methods)
  • Quantitative research (surveys)
  • Website-related research (usability, conceptual)
  • Agnostic when it comes to methodology
  • Whats the best way to answer the research
    question?

3
Asking direct questions
  • When conducting market research, its tempting to
    simply ask participants direct questions
  • Would you buy this product?
  • What do you like about that product?
  • What do you think of this brand?
  • The problem is, research participants lie.
    (Perhaps unintentionally.)
  • When asked a direct question, people try to
    theorize how they would make a decision in a
    given situation, which can be different than
    actually being in that situation.

4
Behavioral economics how do people make
decisions?
  • Dan Ariely Predictably Irrational
  • Organ donations Germany 12, Austria 100
  • Check the box below if you want to participate
    in the organ donor program
  • Check the box below if you don't want to
    participate
  • Do people choose the default because they don't
    care?
  • On the contrary its because of the complexity
    of the decision

5
Behavioral economics how do people make
decisions?
  • It even happens with experts!
  • Study conducted with doctors
  • Patient with hip pain, medications hadnt worked,
    referred to have a hip replacement doctor
    discovered forgot to try one medication. Most
    doctors would pull patient back.
  • Second scenario doctor discovered that two
    medications hadnt been tried. Majority opt for
    hip replacement.
  • When the decision is complicated, the default has
    huge power.

6
Behavioral economics how do people make
decisions?
  • A more everyday example two sets of choices
  • Weekend in Paris, including hotel and breakfast
  • Weekend in Rome, including hotel and breakfast
  • Or
  • Weekend in Paris, including hotel and breakfast
  • Weekend in Rome, including hotel and breakfast
  • Weekend in Rome, including hotel and breakfast,
    but coffee is not included
  • Third option has a surprising impact

7
Asking direct questions
  • The moral of the story when it comes to market
    research, direct questioning wont always work
  • We need to give participants the context to
    answer the question
  • Physical aspect (what are the choices?)
  • Emotional aspect (how do they feel about it?)

8
Understanding customers relationship with
  • Direct questioning
  • How do you feel about X?
  • Why is it important to you?

9
Understanding customers relationship with
  • Choose a picture that best illustrates how you
    feel about X.
  • Or
  • Choose among colors.
  • Choose among random pictures and tell a story
    about how it relates to X.

10
Impressions and benefits of a brand
  • Direct questioning
  • What do you think of X?
  • What do you like about it?
  • What dont you like?

11
Impressions and benefits of a brand
  • Think of as many things as you can say about X
    and write them on the lines shown
  • Or

Brand
12
Impressions and benefits of a brand
  • Laddering
  • What attributes of X are important to you?
  • Whats the benefit to you of attribute Y?
  • Tell me a bit more about the personal value of
    that benefit to you. Why is it valuable?
  • Or

13
Impressions and benefits of a brand
  • What do people say about the product or brand?
  • What do they think about the product or brand?
  • Can add What do they feel?
  • Or
  • Imagine a situation where the product was not
    available.
  • Describe what life would be like.
  • Or
  • Write a love letter to the brand

14
Which positioning statement is best?
  • Direct questioning
  • Please read this statement. This isnt an ad,
    but its an idea that might be behind an ad.
    What do you think of what its saying?
  • Now please read this statement
  • And this statement
  • And this statement
  • And this statement
  • Which statement works best? Why do you say
    that?

15
Which positioning statement is best?
  • Provide a bullseye with the attributes the
    statements need to convey in the center.
  • Participants place positioning statements based
    on how close they are to those attributes

16
Where is the brand in the competitive field?
  • Direct questioning
  • Who are the competitors for X?
  • How does X compare? In what ways is X better?
    In what ways is X worse?

17
Where is the brand in the competitive field?
  • Perceptual map
  • (Based on attributes defined earlier)
  • Where is X on this map?
  • Where are the competitors? (one at a time)
  • And dont forget
  • If brand x, y and z were people at a party, what
    would they be like? What car would they drive up
    in? How would they be dressed? How would they
    behave?
  • (Or for more broad-stroke impressions) What
    animal would they be? Why do you say that?

Higher
Less
More
Lower
18
Which features are important?
  • Direct questioning
  • Here is a list of features. Which of these is
    important to you? Which are unimportant? Which
    are just nice to have?

19
Which features are important?
  • Here is a list of 20 features. You each have
    four green dots and four yellow dots. Put a
    green dot on the features you want the most, and
    put a yellow dot on the features that you want,
    but that arent as important to you as the
    green-dot ones.
  • (Or give them a certain number of dollars to
    allocate.)

20
Evaluating a new product
  • Direct questioning
  • Do you like this product? Why do you say that?

21
Evaluating a new product
  • The first stick figure is the typical customer
    for this product. Lets describe that person
  • The second stick figure is you. Lets go over
    the same descriptions.
  • Now lets compare the two.

22
Evaluating a new product
  • Imagine yourself using the product.
  • What would change?
  • How would it fit in to your routine?

23
Evaluating designs, logos
  • Direct questioning
  • What does this communicate to you?

24
Evaluating designs, logos
  • Whats the first word that comes into your mind
    when you see this logo?
  • Or
  • Place the designs on a perceptual map, with the
    axes based on the attributes we want to convey.

Higher
Less
More
Lower
25
Likelihood to buy
  • Direct questioning
  • How likely would you be to buy this?
  • Alternate approach
  • Here are your options and their prices. How do
    you go about choosing?

26
Many other options
  • Examples?
  • Use your creativity. Consider
  • Context
  • Emotions
  • Also, consider calling us for advice!

27
Thank you
  • Jay Zaltzman
  • Bureau West - Market Research Marketing
    Strategy
  • Our Research Tidbit newsletter keeps you up to
    date on what's new and interesting in marketing
    and market research each month
  • Please send me an email if you'd like to receive
    it. Just email info_at_bureauwest.com and write
    newsletter in the subject line
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