The Barometer Of Customer Change Readiness...Source: FitBit’sEarnings Reports; Forrester’s...

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CX NYC 2018

Anjali Lai

The Barometer Of Customer Change Readiness

2© 2018 Forrester Research, Inc. Reproduction Prohibited

“…Take the dough of existing sentiment

– the world as it is – and knead it into

forms that lead people to think and act

in certain ways.”

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Photo: Pexels.com

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What are the immediate

emotional effects of an

experience

What are the immediate

emotional effects of an

experience – and how do you

say the right thing to influence

consumers in the right moment?

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Stated Behavior

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Source: https://www.economist.com/blogs/graphicdetail/2016/07/daily-chart

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Source: https://www.economist.com/blogs/graphicdetail/2016/07/daily-chart

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Consumer Sentiment

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Source: Puerto Vallarta News

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Source: Forrester’s ConsumerVoices Market Research Online Community, Q4 2016

“It was long and rough but the

crew was terrific – they were

super friendly and cracking

jokes as we sat on the tarmac

in high winds. We finally got

off only five hours late!”

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Photo Source: W Magazine

Source: Forrester Analysis of Crimson Hexagon

Social Listening Data, Q4 2017

December 2017

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Source: FitBit’s Earnings Reports; Forrester’s Analysis of NetBase Aggregated Social Listening Data, 2015 to 2017

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

$0

$100

$200

$300

$400

$500

$600

$700

$800

Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016

FitBit Revenue ($M) FitBit Net Sentiment

FitBit Wearables: Revenue and Net Sentiment

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Photo: Pexels.com

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Dominant Voices

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Source: Vox

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Photo by Manki Kim on Unsplash

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Isolation versus Identity

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Comfort versus Novelty

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Powerlessness versus Efficacy

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Distrust versus Trust

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Forrester’s Consumer Energy Index

Isolation Identity

Comfort Novelty

Powerlessness Efficacy

Distrust Trust

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2. How to resonate with consumers

in the moment and draw them

into your brand experience.

1. The most important changes

in consumer attitude that

impact their desire to engage

with brands.

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Source: pixabay.com

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Total US March 1, 2018

Base: 1,076 US Online Adults

Source: Forrester Data, Q1 2018

Identity

46

Novelty

63

Efficacy

68

Trust

42

Overall Score: 54

Isolation

Comfort

Powerlessness

Distrust

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Total US

Base: 1,076 US Online Adults

Source: Forrester Data, Q1 2018

Identity

46

Novelty

63

Efficacy

68

Trust

42

Overall Score: 54

Isolation

Comfort

Powerlessness

Distrust

27© 2018 Forrester Research, Inc. Reproduction Prohibited

Total US After Facebook News April 3, 2018

Base: 501 US Online Adults

Source: Forrester Data, Q1 2018

Identity

43

Novelty

50

Efficacy

41

Trust

36

Overall Score: 44

Isolation

Comfort

Powerlessness

Distrust

© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 501 US Online Adults

Source: Forrester Data, Q1 2018

“Facebook will positively impact my quality of life.”

March 1, 2018

35%

© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 501 US Online Adults

Source: Forrester Data, Q1 2018

“Facebook will positively impact my quality of life.”

April 3, 2018

10%

30© 2018 Forrester Research, Inc. Reproduction Prohibited

Base: 501 US Online Adults

Source: Forrester Data, Q1 2018

30%

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“AI-enabled experiences will positively impact my quality of life.”

March 1, 2018

33%

Base: 501 US Online Adults

Source: Forrester Data, Q1 2018

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“AI-enabled experiences will positively impact my quality of life.”

April 3, 2018

22%

Base: 501 US Online Adults

Source: Forrester Data, Q1 2018

34© 2018 Forrester Research, Inc. Reproduction Prohibited

What It Means (WIM)

› Measure how attitudinal drivers shift in context to

diagnose consumers’ volatile emotional state.

› Identify which consumers are emotionally withdrawing

from brand experiences – and are less compelled

to engage.

› Tailor messaging that fits how people are feeling

along the four drivers to draw consumers into your

brand (or digital) experience.

35© 2018 Forrester Research, Inc. Reproduction Prohibited

© 2018 Forrester Research, Inc. Reproduction Prohibited

Thank youAnjali Lai

+ 212.857.0711

alai@forrester.com

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