A simple, intuitive approach for Planners who want to develop strong consumer insights from research. Extracted from a full-day training course in Consumer Insights. Contact me for training programs and workshops that provide strategic solutions to vexing marketing problems.
3. The Planner’s Dilemma, Circa 2010
“THERE’S JUST
TOO MUCH DATA!
WHAT DO I DO?
WHERE DO I
START?”
4. Introducing the 4T Model
Extracting Insights from Research
TRIAGE TRENDS TENSIONS TALES
5. 1. Triage = Organizing The Data
Clearly Useful: “Clean”
data, that either provides
surprising or new
information OR clearly
supports or refutes your
hypotheses
Looks Promising:
partially proves or
disproves
hypotheses OR
opens up the door to
further investigation
Not Useful: irrelevant
to our challenge, “nice
to know”, not
actionable, tells us
what everyone already
knows
6. 2. Trends = Looking for Patterns
Step 1: Assimilation
• At this stage, resist the temptation to dive
into the data
• Don’t look at the data directly…look across
the data
7. 2. Trends = Looking for Patterns
Step 2: Connecting the Dots
Think of data not as a series of
static snapshots, but as a movie.
8. 2. Trends = Looking for Patterns
Step 2: Connecting the Dots
• Heuristic Rule: when creating trends, look across at least
three data points (in most cases you will need more)
• Latitudinal Trends:
– Same data point across time or across geography or across
segments
– Example: Sales of Budweiser Beer across months, across
regions, across Millennials and Gen X
• Longitudinal Trends:
– Keeping time /geography/segment constant, examine different
data points that pertain to our challenge
– Example: Sales of different brands of beers in NYC on New
Year’s Eve among Millennials
9. 3. Tensions = Looking for Interplay of Trends
Do the trends
reinforce each
other?
Do the trends
contradict each
other?
Do the trends
qualify each
other?
Each of these interplays tells a tale…
10. 4. Tales = Telling The Story
Harness the tensions; use them to tell
compelling stories
11. Introducing the 4T Model
Extracting Insights from Research
TRIAGE TRENDS TENSIONS TALES