Insight Innovation Challenge: Disruption in the Advertising Industry by Linda McIsaac, PhD and Gerald Klodt of Xyte, Inc. - Presented at the Insight Innovation eXchange North America 2013
Xyte’s Cognographics disrupts the advertising industry by making possible addressable advertising and a single source data stream that measures the ROI of the ad campaign. Xyte’s methodology provides a clear roadmap to tailor the right marketing message to the right audience in the right context that reaches into the minds and hearts of consumers. Cognographics can be applied to any product category. The CBS Television example will be explained.
About Xyte, Inc.
Xyte, Inc., a human behavioral research company, is leading the next consumer measurement shift from demographic mass marketing to personalized behavior engagement. Xyte’s Cognographics™ explains “why” people do what they do and identifies the cognofiles-predictive behaviors-of profit customers based on the way the brain processes information and provides for addressing the right customer with the right message, and right media. Cognographics is the common denominator for reaching into the hearts and minds of consumers, calculating the ROI of a marketing campaign, and using a single source data stream for measurement of the campaign in actual sales—the Holy Grail.
Ähnlich wie Insight Innovation Challenge: Disruption in the Advertising Industry by Linda McIsaac, PhD and Gerald Klodt of Xyte, Inc. - Presented at the Insight Innovation eXchange North America 2013
Ähnlich wie Insight Innovation Challenge: Disruption in the Advertising Industry by Linda McIsaac, PhD and Gerald Klodt of Xyte, Inc. - Presented at the Insight Innovation eXchange North America 2013 (20)
Insight Innovation Challenge: Disruption in the Advertising Industry by Linda McIsaac, PhD and Gerald Klodt of Xyte, Inc. - Presented at the Insight Innovation eXchange North America 2013
2. Tested and Endorsed
“Xyte’s form of audience segmentation has the
potential of taking us far beyond demographics on
our profiling of television program audiences. Xyte
has the audience measurement of the future.”
David Poltrack
President of CBS Vision
3. Science of the Mind
“It is a new and disruptive way of identifying, measuring, and valuing people.”
4. Thinking process
Physiological
Comfort zone
Motivations
Input preferences
Retained memory
Cognofile
Differences
5. 5
Couch Potatoes Who
Watch the Most TV
Initiate Perform
2
Classify
1
Reliable
Operate Practical Implement
4
Organize
3
Perceive
15
Compose
16
Verbal
13
Clarify
Plan
14
Theory Analyze Conceptual
6. Perform Cognofile
Thinking process
• People oriented, gut-feel decisions, comfortable w/emotions
• Prefers quick rewards now, routine work, literal interpretation
• Input senses are touch and action, abstract concepts difficult
Messaging
• Explain in concrete and literal terms; give only one or two options
• Show how product can be worked into their routine
• Show immediate reward and how to feel good about self
• Provide lots of pictures; doesn’t like to read
• Use endorsements and authority figures to persuade
Buying Habits
• Will buy things for family and friends
• Enjoys “hunting and gathering”; touching and feeling the product
• Purchasing process should be fast and easy; to product home now
• More apt to shop “dollar stores” and Wal-Mart rather than Target
• Seeks payment plans for larger items since they aren’t big savers
• Impulse buyer, looking for a sale value, but not quality conscious
7. Analyze Cognofile
Thinking process
• Extroverted, enjoys social interaction, thinks out loud, aggressive
• “Thing” oriented, logical decision-maker, uncomfortable with emotions
• Results oriented, time and details are important, likes structured systems
• Future oriented for rewards, grey areas, opportunities; dislikes routine work
• Input senses are intuition about things and speaking
Messaging
• Provide quick results; pose a problem to solve
• Information best absorbed in a structure with logical reasoning and facts
• Unemotional in delivery; memories are held in sounds, words, visuals
• Often describes future implications
• Gives insights and analogies; compliments and praise
Buying habits
• Does not like to shop, so purchasing is a planned event
• Can work with a great deal of complex information to choose products
• May say “Ah ha!” meaning “I understand and hurry up”
• Proactive buyer who will shop for quality and name brand
• Pursues logical, results-oriented course of action
8. XYTE’S COGNOGRAPHICS FOR “AMERICAN IDOL”
Why do they watch this program
Like reality and the tangible concreteness
Lives vicariously through the emotional
experiences of the contestants
Enjoy routine work
Believe in fate and luck
Dislike change
Live in the present
Seek immediate rewards
Addressable advertising to this cluster:
Blue collar/physical work for living/
conservative beer loving crowd
Take the written word literally
Life is “black and white”
Simple, quick pleasures/rewards
Shopping is a form of entertainment
Slapstick humor
Country music in the background
Show how to physically use the product
Be tangibly hands-on
Depict emotional happiness
Initiate
5
Perform
4
Classify
8
Reliable
2
Operate
16
Practical
7
Implement
6
Organize
1
Perceive
3
Compose
11
Verbal
9
Clarify
13
Plan
14
Theory
12
Analyze
10
Conceptual
14
9. CBS Drama “CANE”
Promotion
“Father Knows Best” promo was
developed to attract the Body Row
Initiate
3
Perform
7
Classify
1
Reliable
12
Operate
16
Practical
15
Implement
5
Organize
9
Perceive
6
Compose
2
Verbal
4
Clarify
10
Plan
11
Theory
14
Analyze
8
Conceptual
13
Initiate
7
Perform
9
Classify
3
Reliable
8
Operate
1
Practical
5
Implement
4
Organize
10
Perceive
6
Compose
2
Verbal
11
Clarify
15
Plan
12
Theory
13
Analyze
14
Conceptual
16
“Young Cast” promo was developed
to attract the Hand Row
10. Xyte’s Cognographics™
Benefits:
“Who does what and why”
Tailored, personalized advertising
Across multiple media platforms
Single source data
Loyalty card data proves ROI
Predictive regression analysis
Track entire campaign
Optimizes media
11. Xyte can be applied to any product category
and will be a totally disruptive innovation that
will overhaul the ad business … leap-frog
jumps closer to being in touch with the minds
and hearts of the audience/consumers/people
Xyte’s Cognographics™
Hinweis der Redaktion
Xyte’s results are more accurate because our technology is based on the way the brain processes information. We have identified a structure in the way people function intellectually.Xyte’s technology enables reduction of advertising costs by tailoring and targeting the right marketing message with the right media mix.
David Poltrack of CBS says it allCBS has successfully used Xyte to identify the profiles that are more engaged in a particular television program genre and the resulting patterns, as well as specific TV programs. Xyte’s Marketing Preferences were used to design promotions to attract specific segments.
One “coach potato” the Perform cognofile ….
The opposite cognofile that doesn’t watch much TV but surfs the internet… marketing messages…
Xyte is also the common denominator for reaching the holy grail of marketing—a single source data stream for measurement from the ad campaign to actual sales.