Lecture slides and materials - A. Consumer insights & value - Consumer insights: What?

4 important questions on Lecture slides and materials - A. Consumer insights & value - Consumer insights: What?

What are the three main insights about its effect on revenue growth according to van der driest et al. 2016?

  • Consistent, personalized, meaningful experience across all touchpoints
  • Commitment from every department to meeting customer needs
  • Presence of an independent CI & analytics function

Why is actionable the single defining characteristic of a "true"consumer insight?

Because theoretical hypotheses cannot be used to the advantage of the customer or the company and therefore is no insight.

When/how can consumer insights be linked to brand positioning and (thus) generate marketing value?

When exploring the barriers to consumption.
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What are the four dimensions of consumer insights?

  1. Non-obvious
  2. Actionable
  3. Powerful enough to pursuade
  4. Mutual benefit

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