5 insights & foresights

50
Insights & Foresights Chandradeep (CD) Mitra C PipalMajik

Upload: rbk-asr

Post on 20-May-2015

1.049 views

Category:

Spiritual


1 download

TRANSCRIPT

Page 1: 5 insights & foresights

Insights & Foresights

Chandradeep (CD) Mitra

C PipalMajik

Page 2: 5 insights & foresights

Understanding Insight

Insight is the most abused term in strategic thinking.

Used unwisely it often leads to banal understanding.

However, this is critical to the discipline of strategic thinking and

is worth spending time to understand.

C PipalMajik

Page 3: 5 insights & foresights

Marketing that fails to recognize the truth

of a consumer’s relationship with a product or category

does not connect at a visceral level and consequently does little or nothing to

shift consumer perceptions or behaviour.

The truth is there to be found, but may not be apparent or visible at first glance.

The emperor is naked and no one has noticed it.

C PipalMajik

Page 4: 5 insights & foresights

The Truth isn’t always easy to find!

C PipalMajik

Page 5: 5 insights & foresights

Interrogating an issue till the truth comes out.

Seeking truths that are beyond mere facts.

Truths that have an emotional component.

C PipalMajik

Searching for Insights

Page 6: 5 insights & foresights

“Curiosity has its own reason for existing”

Albert Einstein

C PipalMajik

Page 7: 5 insights & foresights

What is a “Consumer Insight”?

An understanding of the cause of a specific consumer belief or behaviour

that can be used to develop a more effective connection to that

consumer.

C PipalMajik

Page 8: 5 insights & foresights

C PipalMajik

“At the heart of an effective creative

philosophy is the belief

that nothing is so powerful as an insight

into human nature, what compulsions drive a

man, what instincts

dominate his actions, even though his language

so often camouflages what really motivates him. For if you know these things

about a man you can touch him

at the core of his being”Bill Bernbach

Page 9: 5 insights & foresights

“In my factory I produce lipsticks. In the drugstore I sell hope”

Charles Revlon

C PipalMajik

Page 10: 5 insights & foresights

Should we know the cosmetic market? Or should we understand

the contours of hope & desire?

C PipalMajik

Page 11: 5 insights & foresights

Partially Hidden Human Truths that Resonate with Consumers

C PipalMajik

Page 12: 5 insights & foresights

C PipalMajik

“If you believe that there’s only one answer,

you’ll stop looking and thinking as soon as you come up with your first answer”

Von Oech

Page 13: 5 insights & foresights

C PipalMajik

“All there is to thinking is seeing something noticeable

which makes you see something you weren’t noticing

which makes you see something that isn’t even visible”

Norman Maclean

Page 14: 5 insights & foresights

“All truths are easy to understand once they are discovered,

the point is to discover them.”

Galileo

C PipalMajik

Page 15: 5 insights & foresights

Searching for Hidden Truths

C PipalMajik

Page 16: 5 insights & foresights

Truths can come from anywhere…

C PipalMajik

Page 17: 5 insights & foresights

C PipalMajik

Truth

History Produ

ct

Brand

ConsumerCateg

ory

Culture

Universal

Life

Page 18: 5 insights & foresights

C PipalMajik

The Truth can be Subjective

Page 19: 5 insights & foresights

C PipalMajik

In most fields of human endeavour, the chances of finding a solution

or uncovering the truth are increased as more perspectives

are taken into account

Page 20: 5 insights & foresights

The Process of Triangulation

C PipalMajik

Page 21: 5 insights & foresights

C PipalMajik

The Client’s Business

Perspective

The Agency’s Creative

Perspective

The Opinions and Prejudices of the Target Audience

Truth

Page 22: 5 insights & foresights

Insights should be involving

As people grow older cynicism replaces curiosity

C PipalMajik

Page 23: 5 insights & foresights

Insights should have depth

Indians place more importance on symbolic protection than real protection

C PipalMajik

Page 24: 5 insights & foresights

Insights should be true to human nature

Solitude is not loneliness, it’s often coveted.

Every human being wants to feel they have value.

C PipalMajik

Page 25: 5 insights & foresights

Insights should be widely shared

Tribalism affect even the most well-heeled.(American Express)

C PipalMajik

Page 26: 5 insights & foresights

Insights should identify with a Moment of Truth

The bill is the lowest point in mobile telephone usage.

C PipalMajik

Page 27: 5 insights & foresights

Insights should be Differentiating

A single picture can instantly change a moment.

(Polaroid)

C PipalMajik

Page 28: 5 insights & foresights

Stages of Ad Research

DEVELOPMENT

Before the ad is ready

EVALUATION

Once the ad in some form is ready

IMPACT

After the finished ad is ready and has been released in mass media

COMMUNICATION

C PipalMajik

Page 29: 5 insights & foresights

Some Personal Learnings

C PipalMajik

Page 30: 5 insights & foresights

Hamara Bajaj Part 1

C PipalMajik

Page 31: 5 insights & foresights

Hamara Bajaj Part 1

The Trusted Vehicle of the Aspirations of Middle India

C PipalMajik

Page 32: 5 insights & foresights

Hamara Bajaj Part 2

C PipalMajik

Page 33: 5 insights & foresights

Hamara Bajaj Part 2

Changing India, Unchanging Indianness

C PipalMajik

Page 34: 5 insights & foresights

Sarva Siksha Abhiyan

C PipalMajik

Page 35: 5 insights & foresights

Sarva Siksha Abhiyan

Children go to school to meet their friends

C PipalMajik

Page 36: 5 insights & foresights

Jet Airways

For every business traveller flying out,A family man flies back home

C PipalMajik

Page 37: 5 insights & foresights

C PipalMajik

“Ask an impertinent question, and you are on your way to the pertinent answer”

Jacob Brownowski

Page 38: 5 insights & foresights

C PipalMajik

What is not a Consumer Insight...

• An OBSERVERED behaviour or belief:

o Women care deeply for their children

o Men believe that they are primary provider

o Teens believe that they are immortal

o Children are good at manipulating parents

o Women have more control over their lives now than they used to

Page 39: 5 insights & foresights

C PipalMajik

What is not a Consumer Insight...

• A SITUATION, OCCASION or SETTING:

o Her son’s wedding is the biggest event in a woman’s life

o Teens like hanging out at shopping centres

o People can get aggressive or violent at their team’s football games

o Night is when cold seem worst

Page 40: 5 insights & foresights

Beyond Insight…

Foresight

C PipalMajik

Page 41: 5 insights & foresights

"The secret of peering into the future

depends on the deepest possible understanding

of consumers as people"

R Sliver

C PipalMajik

Page 42: 5 insights & foresights

Insight Vs. Foresight

Insight

• Originated from the words ‘inner sight’

• Insights are understandings about human nature or culture that bring observations to life

Foresight

• Originated from ‘before sight’

• Foresights are wisdom to see what is virtuous, or what is possible or likely

C PipalMajik

Page 43: 5 insights & foresights

C PipalMajik

How to garner foresight…

How I think about life – joy, sorrow aspiration

What are the things I do subconsciously

How I engage in the society

What influences my choice

How I buy

Traditional consumer

insight

Possible source of foresight

Life / Human Psychology

Culture

Social Structure

Trends

Market

Page 44: 5 insights & foresights

“We are so busy measuring public opinion that we forget we can mould it.

We are so busy listening to statistics we forget that we can create them.”

Bill Bernbach

C PipalMajik

Page 45: 5 insights & foresights

“If I had asked the public what they wanted

they would have askedfor a faster horse.”

Henry Ford

C PipalMajik

Page 46: 5 insights & foresights

“Our plan is to lead the public rather than ask them

what kind of product they want. The public does not know

what is possible, but we do.”

Akio Morita

C PipalMajik

Page 47: 5 insights & foresights

“In the new world of broadband, brands compete with life,

not with each other”

Nigel Bogle

C PipalMajik

Page 48: 5 insights & foresights

The Evolving Google Goggles Experiment

Text search, then voice search, now visual scan search

(mirroring human behaviour?)

C PipalMajik

Page 49: 5 insights & foresights

Foresights drive the world!

C PipalMajik

Page 50: 5 insights & foresights

Thank You

C PipalMajik