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www.mubeena.net The The Internship Internship Experience Experience The Art of Market Research The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand Asset Consulting

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Page 1: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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TheThe Internship ExperienceInternship ExperienceThe Art of Market ResearchThe Art of Market Research

Business Development CenterInstitutional & Market Research

Y&R AdvertisingBrand Asset Consulting

Page 2: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Gaining the ExperienceGaining the ExperienceCanvas Size (Canvas Size (TimeTime” X ” X KnowledgeKnowledge”)”)

EXPERIENCEEXPERIENCE

KN

OW

LED

GE

TIME

6 Feb 200328 Sep 2002

May 200310 Feb 2003Y&R

Hof

Experience is like an endless canvasExperience is like an endless canvas

Page 3: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Internship Presentation Internship Presentation OverviewOverview

Priming the CanvasPriming the CanvasWhat I Aimed For: To know the real I/O world, specifically

looking for cross-cultural experience, with no specific field interest.

What I Received: A crash course in work behavior, and a thorough introduction to the art of marketing research.

Structure Tools Work Knowledge

Hofstra Hofstra

Y&RY&R

Functional

Contained

External

Internal

Task-focused

“Big Picture”

Work Ethic

The Field

Page 4: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Structural Design of Y&R Adv.Structural Design of Y&R Adv.One TechniqueOne Technique

Managing DirectorManaging Director

Client Mgmt/Brand Strategy

ConsumerKnowledge

BusinessDevelopment

Database/Survey

AssociateDirectors

AssociateDirectors

Associate Directors

AssociateDirectors

Brand Analysts

BrandAnalysts

BrandAnalysts

BrandAnalysts

Interns Interns Interns Interns

Page 5: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Each group is a self-contained unit, with all the supplies required to take care of its own specific clients’ needs.

Each group is a self-contained unit, with all the supplies required to take care of its own specific clients’ needs.

Paul, Group DirectorGroup Director

Ying, Sr.Sr. Associate DirectorAssociate Director

Roberta, Associate DirectorAssociate Director

Mubeena, InternIntern

Ryan, Sr. Brand AnalystSr. Brand Analyst

Nicole, Br AnalystBr Analyst

My Y&R GroupMy Y&R GroupAn Eye for DetailAn Eye for Detail

Page 6: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Structural Design at Hofstra Structural Design at Hofstra BDCBDC

Another TechniqueAnother TechniqueEach functional unit (like the BDC) and its sub-units (like Inst. & MR) has respective discipline specialists

Each functional unit (like the BDC) and its sub-units (like Inst. & MR) has respective discipline specialists

Stuart Rabinowitz, PresidentPresident

Patricia Adamski, Sr. VP Sr. VP Planning & AdministrationPlanning & Administration

Stephanie Bushey, Dir, Inst. & MRDir, Inst. & MR

Elissa Sharp, Assoc.Assoc. Dir, Inst. & MRDir, Inst. & MR

Anne Michiels, Asst. Dir, Inst. & MRAsst. Dir, Inst. & MR

Steven Kachtan, Research AdminResearch Admin

Vita Greco, InternInternMubeena Mohd, InternIntern

Page 7: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Structural Design LogicStructural Design LogicColor SchemeColor Scheme

Hofstra BDCHofstra BDC Y&R Adv.Y&R Adv.

Small InstitutionSmall Institution Large CorporationLarge Corporation

Skill specializationSkill specialization New Skill OpportunityNew Skill Opportunity

Less Resource Less Resource DuplicationDuplication

More ResourceMore ResourceDuplicationDuplicationHigh Intra-Group,High Intra-Group,

Low Inter-GroupLow Inter-GroupCommunicationCommunicationLimited OrientationLimited Orientation National-Global ImpactNational-Global Impact

More InterdependenceMore Interdependence Less InterdependenceLess Interdependence

InternalizationInternalization ExternalizationExternalization

Page 8: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Tools at Y&RTools at Y&R Adv.Adv.The PaletteThe Palette

BAV Charting: A Computer program aiding the researcher to graphically represent client requests and outcomes.

1. SelectPop Database

2. SelectBrand Type

3. SelectBrand Name

USA All AdultsFemales 18-54

Internet Users

All Males

Medications

Internet Companies

Telecommunications

Clothing

Oxy 10 Yahoo!

Levi’s

Verizon

BAV Selection: Software aiding the researcher to create and store population databases for specific client requests.

Tools are specific to Y&R. They are used with Excel and PowerPoint.

Tools are specific to Y&R. They are used with Excel and PowerPoint.

Page 9: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Tools at Hofstra BDCTools at Hofstra BDCThe PaintbrushThe Paintbrush

Hofstra BDC tools are used widely by every major institution. Thus, I had no formal organizational training in them.

Hofstra BDC tools are used widely by every major institution. Thus, I had no formal organizational training in them.

SPSS: Generates info on survey items using crosstab tables

1. Click AnalyzeDescriptive Statistics

Crosstabs

2. Click ‘Fall Residence’ Move to ‘Row’ box

3. Click ‘School’ Move to ‘Column’ box

4. Click Cells… Observed

Expected

SCHOOL

Bus Com

FALL RESOn Cam

Off Cam

Page 10: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Cardiff Scanner and Verifier

No need to enter data manually. Just scan away!

No need to enter data manually. Just scan away!

Page 11: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Market Research at Hofstra Market Research at Hofstra BDCBDC

Brush StrokesBrush StrokesNew Student Orientation 2002 Survey

Participants: 962 admitted students looking to attend Hofstra in Fall 2002.

Methodology: Students were given survey after they moved out of housing.

The Survey: 20 questions, Q. 1-18 multiple choice, Q. 19-20 open-ended.

Stats: Descriptives, crosstabs, multiple response analyses.

Report: Intro, method, crosstab results tables, and written analysis.

Awaiting feedback on my written report

Awaiting feedback on my written report

Page 12: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Alumni Survey 2002

Participants: All graduates from Aug 2001, Dec 2001, and May 2002

Test: Impact of personalization and postcard contact as follows:

Cell 1 (Baseline):6-page stapled booklet

Generic letter

Cell 4:8-page booklet

Preliminary postcard

Cell 2:8-page booklet

Generic letter

Cell 5:8-page booklet

Generic letter

Postcard b/w 2 surveys

Cell 3:8-page booklet

Personalized letter

Cell 6:8-page booklet

Generic letter

Preliminary postcard

Postcard b/w 2 surveys

Aggregation: Enteringsurvey info into Accessdatabase, scanning and verifying survey data using Cardiff program.

My Prediction: Personalization will lead to increased response rates.

My Prediction: Personalization will lead to increased response rates.

Page 13: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

The Art of Market Research

Base: All Teens, Global BAV Second Half 2002

Medicinal Product

Internet Company

0

20

40

60

80

100

0 20 40 60 80 100

Brand Stature

Bra

nd S

tren

gth D R E

0

20

40

60

80

100

K

Per

cen

tile

Ran

k

0

20

40

60

80

100

D R E K

Per

cen

tile

Ran

k

D = DifferentiationR = RelevanceE = EsteemK = Knowledge

Market Research at Y&R Adv.Market Research at Y&R Adv.Painting on CanvasPainting on Canvas

Assessing brand strength: an example with the U.S. teenage population

Assessing brand strength: an example with the U.S. teenage population

Page 14: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

The Art of Market Research

0

20

40

60

80

100

Differentiation Relevance Esteem Knowledge

Per

cent

ile R

ank

Internet Company Medicinal Product

Comparing brands using the Y&R BAV model: an example with US teenagers

Comparing brands using the Y&R BAV model: an example with US teenagers

Painting on CanvasPainting on Canvas

Base: All Teens, Global BAV Second Half 2002

Page 15: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

The Art of Market Research

Medicinal Product Internet Company

0

20

40

60

80

100

0 20 40 60 80 100

Brand Stature

Bra

nd S

tren

gth

All Teens Internet Teen UsersComparing segments: an example comparing teen internet users and the general teen population for two brands

Comparing segments: an example comparing teen internet users and the general teen population for two brands

Painting on CanvasPainting on Canvas

Base: All Teens, Internet Teen Users, Global BAV Second Half 2002

Page 16: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

The Art of Market Research

0

20

40

60

80

100

Per

cen

tile

Ran

kBrand Imagery: Where the Internet Company falls compared to the Medicinal Product in terms of specific brand attributes for teens

Brand Imagery: Where the Internet Company falls compared to the Medicinal Product in terms of specific brand attributes for teens

Painting Painting on Canvason Canvas

Care

s C

ust

om

ers

Help

ful

Oblig

ing

Innovati

ve

Leader

Inte

lligent

Independent

Relia

ble

Energ

eti

c

Str

aig

htf

orw

ard

Best

Bra

nd

Tre

ndy

Pla

yed O

ut

Hig

h Q

ualit

y

Diff

ere

nt

Care

free

Dis

tinct

ive

Wort

h M

ore

Gla

moro

us

Unappro

ach

able

Rugged

Upper

Cla

ss

Sexy

Internet Company Medicinal Product

Base: All Teens, Global BAV Second Half 2002

Page 17: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

The Art of Market Research

-100 -80 -60 -40 -20 0 20 40 60 80

Fun

Independent

Played Out

Friendly

High Performance

Leader

Authentic

Energetic

Worth More

Cool 2

Up To Date

Upper Class

Down To Earth

Gaining in Popularity

Arrogant

Carefree

Kind

Stylish

Rugged

Glamorous

Distinctive

Traditional

HealthyUp To Date

Gaining in Popularity

FunLeader

Friendly

High PerformanceIndependent

Cool 2

Energetic

Played OutAuthentic

CarefreeDown To Earth

Distinctive

Worth MoreKind

GlamorousArrogant

StylishRugged

Upper ClassHealthy

Traditional

0 20 40 60 80

100

Medicinal Productis more…

Internet Companyis more…

Internet Company Medicinal Product

Painting on CanvasPainting on Canvas

Brands on significantly differing Imagery attributes

Brands on significantly differing Imagery attributes

Base: All Teens, Global BAV Second Half 2002

Page 18: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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ArtArt Classes ClassesBAV Training Session: Systematic Approaches to the Study of Interdependence of Culture and Personality (Waltraud Kassarjian)

Personality Culture

Temperament

Perception

“DOES THE GLOBAL BAV SURVEY TAKE INTO ACCOUNT VARYING CULTURAL TEMPERAMENTS?”

The disadvantage associated with the world-wide use of one modelThe disadvantage associated with the world-wide use of one model

Does culture teach us how to perceive?

What variance of the datacan be attributed to personality and culture?

Are there cultures within one nation?

Page 19: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Market Research Work LogicMarket Research Work LogicMore Colors for the SchemeMore Colors for the Scheme

Hofstra BDCHofstra BDC Y&R Adv.Y&R Adv.

RoutineRoutine

Administrative TasksAdministrative Tasks

VariedVaried

BAV-RelatedBAV-Related

Task-SpecificTask-SpecificDescriptively-Focused Descriptively-Focused AnalysisAnalysis

More InterpretativeMore InterpretativeAnalysisAnalysis

Company CultureCompany CultureReflective Reflective

Generally InformativeGenerally Informative

Ongoing TrainingOngoing TrainingGeneral Staff General Staff MeetingsMeetings

Multiple Multiple DemandsDemands

Page 20: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Knowledge at Hofstra BDCKnowledge at Hofstra BDCTechnique TutorialTechnique Tutorial

Introduction to World of Work

Welcome to the jungle..

Organization Skills

Know where your documents are..

Corporate Communication

What to keep to yourself & being PC..

Theoretical Statistics and Survey Design

Don’t throw away your textbooks..

Taking along valuable lessons to my new internship..

Taking along valuable lessons to my new internship..

Page 21: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

www.mubeena.netKnowledge at Y&R Knowledge at Y&R Adv.Adv.

Technique Tutorial 2Technique Tutorial 2ndnd eded..

On-the-Job Training

Learning by doing..

Applying the BAV Model

What story does this picture tell..

The Psychology of Brands

“A rose called by any other name..”

Enhancing Computer Skills

Powerful PowerPoint, excel at Excel ..

The field of Advertising Market Research can be exciting (once you get past the tech training)

The field of Advertising Market Research can be exciting (once you get past the tech training)

Page 22: Www.mubeena.net The Internship Experience The Art of Market Research Business Development Center Institutional & Market Research Y&R Advertising Brand

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Great internship experienceGreat internship experiencein the art of Market Researchin the art of Market Research

Increase in skill andIncrease in skill andself-confidenceself-confidence

Better brush Better brush strokes!!strokes!!

Market Research: Using numbers to paint pictures.

Market Research: Using numbers to paint pictures.