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NEURO-VATION STEPHEN YAP | June 2014 SHOPPER

SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

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Page 1: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

NEURO-VATION STEPHEN YAP | June 2014

SHOPPER

Page 2: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Two Operating Systems in the Brain

Daniel Kahneman

Page 3: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Both Impact Decisions

Fast Unconscious

Emotional

System 1

Thoughtful Conscious Rational

System 2

Page 4: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Shopper behaviour is instinctive Shopper marketing is more than simply price and promotions.

Neuroscience capabilities enable a richer understanding of the shopper experience, in order to reduce the friction in shopping

System 1

I want it

System 2

No!

Page 5: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Why is neuroscience becoming more relevant to shopper insights?

Growing understanding of

the benefits

Neuro tools have become scalable and affordable

Page 6: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Emotional response continuum

System 2

Implicit

Self-complete surveys Interviewing

System 1

Facial coding

Biometrics

Eye tracking

EEG

fMRI

Least sensitive Least expensive Most Scalable

Most sensitive Most expensive

Least Scalable

Projective Techniques

Page 7: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Implicit Networks Intricate brain networks form the foundation for associations of images, feelings and intentions.

Implicit Reaction Time approximates how closely attributes are aligned.

The faster we respond, the stronger or more EMPHATIC the associations

Valentine’s Day

Gift

Need to Buy

Treat

Fattening

LOVE!

Craving

Peanut Butter

Page 8: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Implicit Reaction Time IRT™ Method

The essence of implicit or “emphatic”: measures strength of system 1

associations. Based upon speed of reaction time

Uniquely measures unconscious brand

or ad impact

Implicit goes beyond stated response - measures

unconscious strength of association for attitudes,

perceptions and intentions.

Why Implicit?

0

2 -2

1 -1

Completely disagree

Completely agree

Disagree Agree

Hard to tell

Page 9: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Measuring Unconscious Consumer Commitment With IRT

8% 13%

32%

55%

Brand A Brand B Brand C Brand D

“For Me”

Not on the Radar

Doubt/ Lip service

Niche Appeal

Confidence/ Owned

14%

70%

44%

72%

Implicit/ Emphatic Average Range

Explicit T2B

Implicit/ Emphatic

Rating Indicators

Low implicit

High implicit

High explicit

Low explicit

Niche Appeal

Confidence/Owned

Not on the Radar

Lip service

Page 10: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Hillary Clinton

Page 11: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Hillary Clinton

Emphatic Average Range +250 to -250

CARING

CHARMING

DIPLOMATIC

INTELLIGENT LEADER

MODERATE

PATRIOTIC POWERFUL

SHARES MY VALUES

TOUGH

TRUSTWORTHY VISIONARY

WOULD VOTE FOR

-700

-500

-300

-100

100

300

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

T2B EXPLICIT

IMP

LIC

IT I

ND

EX

Niche Appeal

Confidence/Owned

Not on the Radar

Lip service

Page 12: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Winning with

Case study from Spain heart and mind

Page 13: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Main approach

Page 14: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Main learnings

Surveys carried out in recent years show that Mercadona customers state a high degree of affinity to the brand

53% (T2B)

“Proud to shop here”

but…

Page 15: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

When asked via IRT™ …

Emphatic 29% 53% Uncommitted 24%

Page 16: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing
Page 17: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Main learnings

Page 18: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Main learnings

Page 19: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Main learnings

Page 20: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

20

What about the future?

Page 21: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Around the corner: In-store facial coding, touchscreen shopping, virtual shelves

Page 22: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

To reduce the stress of shopping

Page 23: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Bringing us closer to delighting, predicting and influencing the shopper

Page 24: SHOPPER NEURO-VATION · 2015-09-19 · order to reduce the friction in shopping System 1 I want it System 2 No! Why is neuroscience becoming more relevant to shopper insights? Growing

Stephen Yap THANK

YOU [email protected]

Head of Ipsos MarketQuest