What Persuades Consumers to Love (and Buy)...

17
© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual Tells the Story November 10, 2015 What Persuades Consumers to Love (and Buy) Brands?

Transcript of What Persuades Consumers to Love (and Buy)...

Page 1: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 1

Quant + Qual Tells the Story

November 10, 2015

What Persuades Consumers

to Love (and Buy) Brands?

Page 2: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 2

PROBLEM

We can’t rely on consumers to tell you what they’re persuaded by

Page 3: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 3

Need indirect

measures to uncover

how advertising

actually changes

people’s minds

Page 4: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 4

Changing peoples’ minds happens gradually

over time based on collective brand experiences

Added Complexity

Page 5: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 5

SOLUTION

Longitudinal Research + Qualitative Supplements

Find out how

individuals’

perceptions/

preferences changes

over time (before and

after advertising

launches) by

interviewing them

twice

Figuring out what

advertising they’ve

seen by triggering

advertising

memories and

weeding out false

claiming

Testimonial videos to

help explain why

BASICS OF THE APPROACH

Page 6: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 6

Super Bowl Examples

Only 64% of consumers liked it

(norm = 64%)

BMW ‘Newfangled Idea’

Before

Strong impact on

investigations for the i3

After

Page 7: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 7

Super Bowl Examples

Budweiser ‘Lost Dog’

83% of consumers liked it

(norm = 64%)

Before

No impact on purchase

intentions for Budweiser

After

Page 8: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 8

Only 20% of Super Bowl

commercials create a

change in consumer

preferences

Typically, preferences change gradually over

time as consumers see more messages

Page 9: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 9

Build With More Ads

Samsung ‘is a cool brand

to be seen with’

Before

Saw 1-2 ads

After

Page 10: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 10

Cross-Media Dynamics

Media combinations

Before

Saw TV only

After

Media viewership groups

Highly

EngagedTV + Print

Social

Only

Relative Impact

Perceptions Demand Perceptions Demand Perceptions Demand

Page 11: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 11

Competitive, Word of Mouth,

Pre-Existing Perceptions, etc.…

Brand A

Brand Choice

Brand B

Word of Mouth

Brand A

Brand PerceptionsBrand A

Word of Mouth

Brand A

Advertising

Brand B

Brand PerceptionsBrand B

Advertising

Significant Causal Relationship (Positive)

Significant Causal Relationship (Negative)

No Significant Overall Relationship

Page 12: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual
Page 13: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 13

Longitudinal research can also be

used to uncover motivational drivers

As brand perceptions change,

which changes cause changes in purchase intentions?

Page 14: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 14

Longitudinal research can also be

used to uncover motivational drivers

-1 -0.5 0 0.5 1

Is a cool brand to be seen with

Is a good value for the money

Is an innovative brand

Is easy to use

Is worth paying more for

Has the best features and functionality

Relative Importance to Apple Purchase Intent

Apple Messages Samsung Messages

Bootstrap Regressions: Ranks messages on their relationship to Purchase Intent

Predicting purchase intentions for Apple based on…

Page 15: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 15

Claimed Importance vs.

Derived Importance

High STATED Importance

High DERIVED

Importance

REQUIRED

UN-MOTIVATING

CRITICAL

MOTIVATING

Typically

FUNCTIONAL

BENEFITS

(i.e. taste, performance,

quality)

Typically

EMOTIONAL

BENEFITS

(i.e. trust, affinity)

Page 16: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

© 2015 Communicus. Confidential and Proprietary 16

The final piece of the puzzle –

direct consumer feedback to help explain why

Page 17: What Persuades Consumers to Love (and Buy) Brands?insightinnovation.org/wp-content/uploads/2015/11/PDF/communicus.pdf© 2015 Communicus. Confidential and Proprietary 1 Quant + Qual

How’s your advertising working?

CONTACT:

Kacy Doster

VP, Account Services

[email protected]

520-620-9186