Rethinking the Brand Tracker Using Google Consumer Survey

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Rethinking the Tracker Kyle Nel Innovation Labs Lowe’s Home Improvement

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by Kyle Nel, Director of Lowe’s Innovation Labs, Lowe’s Home Improvement, USA

Transcript of Rethinking the Brand Tracker Using Google Consumer Survey

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Rethinking the Tracker

Kyle NelInnovation Labs

Lowe’s Home Improvement

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TRACKER

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A Quick Story…

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People cant always tell you what you want to know…but will give you an answer

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People are influenced by things outside of their realm of understanding

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People don’t tell always the truth

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What We Think We Are Getting

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The Reality

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The Research Resource Pyramid

Present Near Future

ObservedQ&A

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Killing the Blob

Asking customers everything and doing whatever they say is NOT customer centric

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Killing the Blob

If it is right, why doesn’t it work?– End the Q&A culture

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Killing the Blob

Reframe how we think-”what will cause a

change in behavior?”

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Killing the Blob

Philosophical shift on trackers“do you really need all

of those questions?”

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Killing the Blob

Overcoming sunk cost fallacy

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Killing the Blob

Transparency!

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Killing the Blob

Fewer, better questions– Co-create questions

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Killing the Blob

Google consumer survey!

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The Results

• Cost: less than 2% of traditional BT

• Results in days, and in real time not months

• Transparent results – e.g. I control the weighting

• Internal clients happier• Freedom

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