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Growing Your Insights Business
November 16, 2016
Clearly we’re not doing enough to educate our clients when experts, marketers, and industry publications don’t think our work is important.
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Dr. Stephen Needel
Researchers are not, by and large, an overly emotional group of people. The personality traits that make someone a good researcher do not lend themselves to over-reaction. So I read two posts/stories that have my blood boiling and that amazed look on my face that is usually reserved for things like the Cubs winning the World Series.
The first comes from a post on Linkedin by a woman who is a self-styled shopper marketing expert (because we have no shame or humility anymore). This post goes through the reasons why you shouldn’t worry about metrics for shopper marketing activities. The reasons include tedious and costly data collection and preparation, incomplete data, and analyses that are inconsistent and slow to produce. Her advice could easily be taken as you should forego PEA (post-event analysis) because of these problems. Of course, should you decide you do want to understand the value, or lack of value, in your shopper marketing efforts, she’ll sell you software that may or may not help here.
The second comes from a manufacturer via the early November 2016 issue of the CPGMatters newsletter. A senior director of shopper marketing wanted to make their marketing efforts “more strategic and coordinated”. Who could argue with this? Not me. In a workshop at one of our industry’s self-styled institutes, he looked at where his company was at the time, he noted four problems:
In short, he figured out that they need a strategy, integrated communications, delivered at the right time, with company-wide buy-in. There’s nothing new here, but there’s nothing bad here either. Right up until he volunteered that, in trying to fix the problems, “We have not yet seen an increase in sales, but I am convinced that we will. And we will see ROI go up.” Let me translate this for you in case you are confused – they have no data that says any of their actions will actually work! Moreover, they are not expecting to see anything for a year or so.
I pause here while I clean up my laptop because my head has exploded.
Okay, I’m back.
On the one hand, we have a person claiming to be a shopper marketing expert, writing on LinkedIn marketing research sites, saying measurement may not be important because it’s hard to do. On the other hand, you have a senior executive from a major company [with a good-sized research department] telling us they are making major marketing changes and haven’t tried or haven’t been able to measure any impact.
We have lots of tools for measuring the impact of shopper marketing initiatives that are quick and cost-effective – some are free, some are inexpensive (from my company and lots of other companies), especially given the marketing dollars we are talking about. We, as an industry, have the ability to test changes in marketing strategy, tactics, and organizations. Clearly we are not doing enough to educate our client base when experts, marketers, and industry publications don’t think our work can make an important contribution. We need to adopt Faber College’s motto, “Knowledge is good”.
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The views, opinions, data, and methodologies expressed above are those of the contributor(s) and do not necessarily reflect or represent the official policies, positions, or beliefs of Greenbook.
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