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

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

What are the two consumer behaviour steps and the two marketing strategy steps in the consumer insights cycle according to Peter & Olson (2010)?

  • Consumer behaviour:
    • Consumers: Affect and cognition, Behaviours and environments
    • Consumer research and analysis
  • Marketing Strategy:
    • Marketing strategy development
    • Marketing strategy implementation

What are the four steps, from left to right, of the top part of the customer insights engine according to Van der Driest (2016)?

  1. CB & Research: Data sources
  2. Consumer insights:
    1. Integration
    2. Insights generation
  3. Actions

What are the four steps, from left to right, of the lower part of the customer insights engine according to Can der Driest (2016)

  1. CB& Research: Innovation inputs
  2. Consumer Insights:
    1. Experimentation
    2. Dissemination
  3. Organizational capabilities
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What are the three things not to do in consumer insights?

  • Controversial issues
  • Linked to "two ways of knowing" (Sawhney 2004)
  • Changes in possibilities -> changes in thinking (can den driest et al 2016

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