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ing into the emotions that drive buyer behavior Gaining a Deeper Understanding of Your Customers

Tapping into the Emotions That Drive Buyer Behavior

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Joy Ward, Qualitative Research Lead at Spitzer and Boyes LLC provides a great description of qualitative market research and how it differs from quantitative analysis and Big Data analysis. Talks about how to ask "WHY?" instead of "What?" Why qualitative drives qualitative in customer behavior research.

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Page 1: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

Gaining a Deeper Understanding of Your

Customers

Page 2: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHO AM I?

Joy WardQualitative Research Team Leader

Spitzer and Boyes LLC

Page 3: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHY QUALITATIVE RESEARCH

Quantitative Research will tell you what people do. What it won’t tell you is why they do it.

Page 4: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

UNDERSTANDING QUALITATIVE RESEARCH

What IS qualitative research?• Looks for WHY and how a behavior is formed• Used to identify emotional and behavioral

patterns

Page 5: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

UNDERSTANDING QUALITATIVE RESEARCH• What IS qualitative research?

• Famously used by Piaget to design study of child development

Requires small respondent sets

Effective market research can be more or less expensive than quantitative depending on what is needed

Look for results, not cost

Page 6: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

UNDERSTANDING QUALITATIVE RESEARCH

Why do you need qualitative research?The answers lie in the target markets’ heads

You are NOT the target marketYou need to get into their heads

Page 7: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

THE EMOTIONAL BALANCE

Emotional Motivators

Emotional Barriers

Page 8: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHY EMOTIONS?

Behavior caused by previous experiences and memories

Memories “locked in” by emotions

Stronger the emotions, the stronger the memories

Memories form behavior

Page 9: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHAT YOU NEED TO KNOW TO DEEPLY UNDERSTAND YOUR CUSTOMERS

You need to know why

Why do they buy/do what they do?

Why do they buy from you?

Why do they buy from your competitors?

How do they want to buy?

Page 10: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHAT YOU NEED TO KNOW TO DEEPLY UNDERSTAND YOUR CUSTOMERS

You need to know whyWhat are the emotional motivators for buying that particular product/service?

What are the emotional motivators for buying your brand? Your competitor's brand?

What are the emotional barriers connected to buying that product?

What are the emotional barriers to buying your brand?

What are the emotional barriers to buying your competitor’s brand?

Page 11: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHAT YOU NEED TO KNOW TO DEEPLY UNDERSTAND YOUR CUSTOMERS

What affects the emotional balance?Previous experiences in the field

Previous life experiences

Previous experiences with competing companies and products

Things you won’t expect

Page 12: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHAT YOU NEED TO KNOW TO DEEPLY UNDERSTAND YOUR CUSTOMERS

Can I just ask my customers?VERY few people REALLY understand their own motivations

The important motivating information lies in the subconscious

Tacit information

Requires experienced interviewer to draw out the answers and review data

Page 13: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

HOW TO GET USEFUL UNDERSTANDING OF YOUR CUSTOMERS

Look past the numbers

Be willing to accept answers that are hard to hear

Find consultants with extensive experience asking “why” questions

Page 14: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

UNDERSTANDING QUALITATIVE RESEARCH

What are the various kinds of qualitative research?

Focus groups and triads

Page 15: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

UNDERSTANDING QUALITATIVE RESEARCH

What are the various kinds of qualitative research?

EthnographicMystery shopping

Page 16: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

UNDERSTANDING QUALITATIVE RESEARCH

What are the various kinds of qualitative research?

EvocativeBrain scans

Page 17: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

UNDERSTANDING QUALITATIVE RESEARCH

What are the various kinds of qualitative research?

Interviews

Page 18: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHAT DO I DO WITH QUALITATIVE RESEARCH?

Use qualitative BEFORE the quantitative research to refine your information, understand emotional ties to specific product types, branding and future product and services development

Page 19: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHAT DO I DO WITH EFFECTIVE QUALITATIVE

RESEARCH FINDINGS?

Use it to design the strongest possible brand promise

Use it as a base for more targeted quantitative research

Use it to design marketing and sales efforts

Use it to review internal processes

Use the findings for visioning processes

Use it to design brand, product and service extensions

Page 20: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

WHAT DO I DO WITH EFFECTIVE QUALITATIVE RESEARCH FINDINGS?

Use it to defend against encroaching market and technology changes

Design your public relations campaigns

Use it in human relations efforts and even hiring

Avoid wasting funds on line extensions that do not fit your brand, ineffective or (even worse) damaging ads, marketing programs, etc.

Page 21: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

QUANTITATIVE RESEARCH

Quantitative research will tell you what people do. What it won’t tell you is why they do it.

Page 22: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

TRASH IN, TRASH OUT

TITO

Page 23: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

QUESTIONS?

Page 24: Tapping into the Emotions That Drive Buyer Behavior

Tapping into the emotions that drive buyer behavior

SPITZER AND BOYES LLC PROVIDES STRATEGIC CONSULTING SERVICES FOR HIGH TECHNOLOGY COMPANIES INCLUDING STRATEGIC PLANNING,

DUE DILIGENCE FOR MERGERS AND ACQUISITIONS, FORENSIC ENGINEERING, MARKETING STRATEGY

AND MARKET RESEARCH (BOTH QUALITATIVE AND QUANTITATIVE), CONTENT CREATION SERVICES

AND CUSTOM RESEARCH PROJECTS. SPITZER AND BOYES LLC IS THE OWNER AND PUBLISHER OF THE INDUSTRIAL AUTOMATION AND PROCESS CONTROL

INSIDER.