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By Alex Kieslich and Jeff Smith | Procter & GambleFor Women in the Workforce Annual Conference
May 20, 2015
DATASIMPLEstories
DATASIMPLEstories
1
2
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WHAT
WHY
HOW
is going on?
is it happening?
best to convey it?
DATASIMPLEstories
Understandbig data
and how to analyze it
WHAT
What Comes to Mind When You Think of Big Data?
Big Data is A Combination of Volume, Variety, Velocity and Veracity
• Volume: Quantity of data generated
• Variety: Types of data collected
• Velocity: Speed data is created
• Veracity: Quality of data
Big Data Can Be Overwhelming …
… Unless You Learn to Manage It
• Manage Big Data by simplifying it
• Segment data into unique groups
• Organize segments into Decision Trees
You Must Learn to Organize the Data to Quickly Find Patterns
?What comes next?
How Many Green X’s Do You See?
How Many Green X’s Did You See?
There were 5 Green X’s
How Many Red Triangles Do You See?
Live Exercise: What’s Happening with Candy?
• You are the department manager for candy
• The store manager wants you to give her an overview of what’s happening within the candy department
• Where do you start?
Live Exercise – Collect the Data You Need
• There are multiple sources of data
• What type of data is on your handout?
• Is there anything else you would want to see?
• What’s happening with candy?
Live Exercise – Candy Segmentation
• In order to understand the data you need to organize the data
• How would you segment the candy data?
Un-Segmented Segmented
Live Exercise – Candy Segmentation
• What comes to mind when you purchase candy?
• How does one type of candy differ from the other?
• Are there distinct segments of candy?
• What brands are available?
• Are there unique occasions to buy candy?
• What sizes are available?
• What colors are available?
What are the most important
characteristics to determine purchase?
Live Exercise – Candy Decision Tree
• Decision Trees help guide your thought process
• Typically follow how consumers shop the category
• Use the handout to build a decision tree based on the different segments of data
Package Size
Type/Form
Segment
Category
Consumer Decision Tree
Live Exercise – Candy Decision Tree
Package Size
Type/Form
Segment
Category 1
2
5 6 7
9 10 11
3
8
4
A – Milk Chocolate
B – Candy Confections
C – Large
D – Gum/Mints
E – Everyday Gum
F – Shareable
G- TTL Candy
H – Chocolate
I – Mints
J – Small
K – Oral Care Gum
Live Exercise – Candy Decision Tree
Package Size
Type/Form
Segment
Category TTL Candy
Gum/Mints
Everyday Gum
Oral Care Gum
Mints
Small Large Shareable
Chocolate
Milk Chocolate
Candy Confections
Live Exercise – Analyzing Data Using Excel
• Excel provides multiple ways to segment and analyze data
• Pivot Tables allow you to easily segment data and organize into decision trees
• We will now provide a quick tutorial on pivot tables (you’re favorite topic, we’re sure)
$10,685
$15,050
-$5,108
$744
-10000
-5000
0
5000
10000
15000
20000
Candy Candy Confections Chocolate Gum/Mints
Tho
usa
nd
s
Dollar Change vs YATTL Green Thumb – TTL US – Latest 52 weeks
Candy Sales are up $10.7MM in the Latest 52 Weeks
Candy Confections are driving $ sales while Chocolates decline
-3.4%
-$5,108
-$634
-$1,789
-$2,685
-6000
-5000
-4000
-3000
-2000
-1000
0
Chocolate Dark Milk White
Tho
usa
nd
s
Dollar Change vs YATTL Green Thumb – TTL US – Latest 52 weeks
Chocolates are Declining Across All Forms
Consumers are simply moving away from ALL types of Chocolate
-$5,108
-$7,519
-$1,624
$4,035
-10000
-8000
-6000
-4000
-2000
0
2000
4000
6000
Chocolate Individual King Size Shareable
Tho
usa
nd
s
Dollar Change vs YATTL Green Thumb – TTL US – Latest 52 weeks
Individual Candy Bars are Driving Almost All of Chocolate’s Declines
Green Thumb needs to enhance its individual chocolate offerings to drive sales
1. Candy Sales are up $10.7 MM vs YA
2. Up $15 MM, candy confections are driving sales
3. Chocolates are limiting sales – across all forms
4. Individual size are driving declines in chocolates
Executive Overview – Green Thumb Candy Sales
Key Takeaways:
Next Steps:
1. Reduce chocolate assortment
2. Invest in candy confections
KEY TAKE-AWAYOrganize big data into smaller
segments to make it easier to understand
DATASIMPLEstories
Deriveinsights and
apply context WHY
Use Additional Data Sources and Other Resources to Provide More Context
• Leverage multiple data sources when diagnosing the business question
• First place to always start GOOGLE!
• There are multiple companies that produce free in-depth information
• Conduct surveys with shoppers
• Talk directly with people about their experiences (including family, friends and even you)
• These stories will provide powerful quotes and often emotional situations that give rich context to the data
• We do this everyday and watch it on television and in movies
Add Personal Examples and Anecdotes to Provide Rich Context to Data
• What’s really happening in candy?
• What did we forget to check?
Live Example – Adding Context
2.3%
10.8%
-3.4%
0.4%0.7%
6.7%
-9.0%
3.5%
Candy Candy Confections Chocolate Gum/Mints
Dollar % Change vs YATTL Green Thumb – TTL US – Latest 52 weeks
Green Thumb Rest of Market
Candy Sales at Green Thumb are Outpacing Competition
Green Thumb Trails Rest of Market in Gum/Mints
23
49
87
(42)Candy Candy Confections Chocolate Gum/Mints
Share Change (bps) vs YATTL Green Thumb – TTL US – Latest 52 weeks
0.4%1.9%
-5.3%
3.3%3.5%4.9%
3.2% 2.9%
Gum/Mints Everyday Gum Mints Oral Care Gum
Dollar % Change vs YATTL Green Thumb – TTL US – Latest 52 weeks
Green Thumb Rest of Market
Within Gum/Mints, Mints are Down While Rest of Market is Up
Green Thumb is Losing Share in Mints and Everyday Gum
(42) (44)
(110)
5
Gum/Mints Everyday Gum Mints Oral Care Gum
Share Change (bps)vs YATTL Green Thumb – TTL US – Latest 52 weeks
-5.3%
-12.7%
-3.7%
13.5%
3.2%
-6.0%
4.3%
16.6%
Mints Small Large Shareable
Dollar % Change vs YATTL Green Thumb – TTL US – Latest 52 weeks
Green Thumb Rest of Market
Small and Large Sizes are Driving Mint Sales Down
(110) (110)(101)
(27)
Mints Small Large Shareable
Share Change (bps)vs YATTL Green Thumb – TTL US – Latest 52 weeks
Why are we Losing Share in Mints?
• There is a new mint in the market driving sales for the rest of the market
• Green Thumb should consider carrying this new item!
New mint item driving sales in the market!
Chocolate Sales are Declining Because of Growth in Energy Bars
1. Candy Sales are up $10.7MM vs YA, driven by Candy Confections
2. Chocolate sales are down, but Green Thumb is gaining share of the market
• This trend will continue as more and more consumers switch to energy bars for snacking (Green Thumb Energy Bars up +47% vs YA)
3. Gum/Mints is losing share, driven by new mint item entering the market that we currently don’t carry
Executive Overview – Green Thumb Candy Sales
Key Takeaways:
Next Steps:1. Meeting scheduled with manufacturer to discuss carrying new Mint item
KEY TAKE-AWAYData alone
doesn’t provide the why’s; use
additional resources to
provide context
DATASIMPLEstories
Create compelling,
simple storiesHOW
Think About the Final Deliverable Before Getting Started
• Write out main points (3-5)
• Don’t over think it!
• Know audience and key deliverable
• Reapply (STEAL) great ideas
When Creating Your Presentation, Don’t Start From Scratch
• Be consistent in your look/tone/feel
• Use templates and slide master
When Creating Your Presentation, Less is More
• Keep it simple!
• Limit words
• Make sure font size is readable
• Use active titles
When Creating Your Presentation, Make it Visually Compelling
• Use Images
• Use PowerPoint graphics (Smart Art, Shapes and Picture Formatting)
• Limit transitions and builds
• Fine-tune at the very end
After Creating Your Presentation, Gain a Fresh Perspective
• Take a mental break and walk away from your presentation
• Get “fresh” eyes on it (ask for specific help on wording, flow, etc.)
• View the presentation from your audiences’ eyes
KEY TAKE-AWAYWe remember the story, not
the data points; make sure your story is simple yet powerful
DATASIMPLEstories
1
2
3
WHAT
WHY
HOW
is going on?
is it happening?
best to convey it?• We remember the story, not the data points;
make sure your story is simple yet powerful
• Data alone doesn’t provide the why’s; use additional resources to provide context
• Organize big data into smaller segments to make it easier to understand
ALEX KIESLICHProcter & Gamble | Category Management
JEFF SMITHProcter & Gamble | Shopper Insights