rethinking the brand tracker using google consumer survey

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Rethinking the Tracker Kyle Nel Innovation Labs Lowe’s Home Improvement

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by Kyle Nel, Director of Lowe’s Innovation Labs, Lowe’s Home Improvement, USA

TRANSCRIPT

Page 1: Rethinking the Brand Tracker Using Google Consumer Survey

Rethinking the Tracker

Kyle NelInnovation Labs

Lowe’s Home Improvement

Page 2: Rethinking the Brand Tracker Using Google Consumer Survey
Page 3: Rethinking the Brand Tracker Using Google Consumer Survey

TRACKER

Page 4: Rethinking the Brand Tracker Using Google Consumer Survey

A Quick Story…

Page 5: Rethinking the Brand Tracker Using Google Consumer Survey

People cant always tell you what you want to know…but will give you an answer

Page 6: Rethinking the Brand Tracker Using Google Consumer Survey
Page 7: Rethinking the Brand Tracker Using Google Consumer Survey

People are influenced by things outside of their realm of understanding

Page 8: Rethinking the Brand Tracker Using Google Consumer Survey
Page 9: Rethinking the Brand Tracker Using Google Consumer Survey

People don’t tell always the truth

Page 10: Rethinking the Brand Tracker Using Google Consumer Survey

What We Think We Are Getting

Page 11: Rethinking the Brand Tracker Using Google Consumer Survey

The Reality

Page 12: Rethinking the Brand Tracker Using Google Consumer Survey

The Research Resource Pyramid

Present Near Future

ObservedQ&A

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Page 17: Rethinking the Brand Tracker Using Google Consumer Survey

Killing the Blob

Asking customers everything and doing whatever they say is NOT customer centric

Page 18: Rethinking the Brand Tracker Using Google Consumer Survey

Killing the Blob

If it is right, why doesn’t it work?– End the Q&A culture

Page 19: Rethinking the Brand Tracker Using Google Consumer Survey

Killing the Blob

Reframe how we think-”what will cause a

change in behavior?”

Page 20: Rethinking the Brand Tracker Using Google Consumer Survey

Killing the Blob

Philosophical shift on trackers“do you really need all

of those questions?”

Page 21: Rethinking the Brand Tracker Using Google Consumer Survey

Killing the Blob

Overcoming sunk cost fallacy

Page 22: Rethinking the Brand Tracker Using Google Consumer Survey

Killing the Blob

Transparency!

Page 23: Rethinking the Brand Tracker Using Google Consumer Survey

Killing the Blob

Fewer, better questions– Co-create questions

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Killing the Blob

Google consumer survey!

Page 25: Rethinking the Brand Tracker Using Google Consumer Survey

The Results

• Cost: less than 2% of traditional BT

• Results in days, and in real time not months

• Transparent results – e.g. I control the weighting

• Internal clients happier• Freedom

Page 26: Rethinking the Brand Tracker Using Google Consumer Survey
Page 27: Rethinking the Brand Tracker Using Google Consumer Survey