Big Data, Little Data, New Data and the Future of Market Research by Kirsten Zapiec and Larry Friedman of TNS - Presented at the Insight Innovation eXchange North America 2013
In a world where data are plentiful, not rare, what are the new mindsets and skillsets market researchers need to prosper? The presentation will discuss New Realities (that old approaches may not be the right approaches anymore), New Acknowledgements (that assuming what people tell us is true, is often wrong), and New Uses (that MR’s role in “marketing” needs to be broader than it’s ever been).
The CMO Survey - Highlights and Insights Report - Spring 2024
Big Data, Little Data, New Data and the Future of Market Research by Kirsten Zapiec and Larry Friedman of TNS - Presented at the Insight Innovation eXchange North America 2013
Saw the adTNS conducted a digital brand effectiveness study for a beverage campaign where ad exposure was tracked across the TNS research panel. Groups of exposed and not exposed panelists were surveyed by email to measure the lift in brand metrics (e.g., brand awareness, opinion, consideration, purchase intent, etc.)1,204 exposed (TNS surveys)412 control (TNS surveys)Bought the productTNS also matched the exposed TNS panelists with the Kantar Shopcom purchase data platform to determine the lift in actual purchase of the beverage.
Stefan, can we build the three screens?
Let’s talk about how to best design this slide. I would like to make the following points:1.) Recognition is not an appropriate measure of a TV ads success. And it should never be used as a proxy for exposure.2.) In this specific case (and likely many others). Awareness and attachment to the brand drove recognition of the ad.3.) Without actual exposure data, the campaign appeared to be much stronger than it actually was.
How we do it
A major CPG company wanted to target its “Growth Segment”Using Digital Segment Targeting, the campaign reached their “Growth Segment” 2-4x higher than with an untargeted, random approachFor example, over 60% of the U.S. “Growth Target” were reached by targeting just 20% (the “right” 20%) of the U.S. online population