NIELSEN CONSULTING
RESEARCH LED STRATEGY DEVELOPMENT
APRIL 2013
Copyright ©2012 The Nielsen Company. Confidential and proprietary.




                                                                     NIELSEN CONSULTING: THE TRUSTED ADVISOR
                                                                     Brands, retailers and agencies alike seek a ‘translation layer’ to act on the wealth of research
                                                                     data available.

                                                                                     60%


                                                                                     50%


                                                                                     40%


                                                                                     30%
                                                                                                                                                                  What clients get
                                                                                                                                                                  What clients want
                                                                                     20%


                                                                                     10%


                                                                                      0%
                                                                                     Data provider   Info sources   Business issue   Solution   Trusted advisor
                                                                                                       provider      contributor     provider

                                                                                                                                                                  Source: Nielsen client surveys   2
PROBLEM-LED STRATEGY DEVELOPMENT
                                                                     The translation layer between complex data and meaningful business outcomes



                                                                      Nielsen collects and analyses an unmatched wealth of data on
                                                                      Australian consumers’ behaviours, attitudes and actual
                                                                      consumption (retail, media and technology).

                                                                      The Consulting function serves as a translation layer between
                                                                      the data and business planning by collaborating with clients
Copyright ©2012 The Nielsen Company. Confidential and proprietary.




                                                                      to:

                                                                      -   Identify the problems worth solving
                                                                      -   Provide customised solutions to gain relevant insights
                                                                      -   Form strategy and direction to respond to the business
                                                                          issue



                                                                                                                                                   3
Copyright ©2012 The Nielsen Company. Confidential and proprietary.




                                                                     THE ONE-WAY RESEARCH PROCESS CARRIES RISK
                                                                     The ‘brief and respond’ process for insights data can be risky and time consuming.

                                                                          Client led

                                                                         Nielsen led

                                                                                        REQUEST DATA              CONDUCT ANALYSIS           FORM STRATEGY            EXECUTE

                                                                                          Data provision as        Client accesses           Client develops and      Client executes
                                                                                          requested, or to a       data, conducts            forms core strategy
                                                                                          set research brief       analysis




                                                                                                                                                                                RISK

                                                                     Potential risks   Is this all of the data    Do the analysts have       How would the            Is the strategy based on
                                                                                       that is helpful to solve   the expertise and/or       strategy have changed    the correct conclusions?
                                                                                       the business problem?      time to extract the        if other relevant data   What is the feedback
                                                                                       Does this get to the       relevant and most          was available?           loop to insights for future
                                                                                       root cause of the          valuable insights across                            strategy development?
                                                                                       business issue?            multiple datasets?                                                                4
Copyright ©2012 The Nielsen Company. Confidential and proprietary.




                                                                         A CONSULTATIVE APPROACH MANAGES THIS RISK
                                                                         Adding a consultation layer reduces risk through effective 2-way engagement

                                                                       Client led

                                                                      Nielsen led

                                                                                      IDENTIFY       CREATE DATA                 CONDUCT               FORM                   EXECUTE
                                                                                      BUSINESS ISSUE SOLUTION                    ANALYSIS              STRATEGY
                                                                                      Client identifies    Create custom data    Nielsen conducts      Strategy is           Client executes and
                                                                                      business issue in    solution across       analysis              recommended           commences feedback
                                                                                      collaboration with   multiple research                           collaboratively       loop.
                                                                                      thought partner      practices and                               with client
                                                                                                           industry
                                                                                                                                                                                                   Mitigated risk
                                                                                                           datasets, including
                                                                                                           proprietary client
                                                                                                           data
                                                                                                                                                                                        RISK
                                                                                                           Relevant research     In-house expertise    Thought partnership
                                                                     De-risking the                        and datasets are      and resource to       delivers combined
                                                                           process                         developed and         gain accurate and     expertise to form
                                                                                                           executed              timely insight from   client strategy
                                                                                                                                 each dataset
                                                                                                                                                                                                                    5
Copyright ©2012 The Nielsen Company. Confidential and proprietary.




                                                                     THE CONSULTATIVE FEEDBACK LOOP
                                                                     Consultative approach ensures ongoing collaboration and strategic leadership to tackle
                                                                     business issues

                                                                                                                                                         Nielsen led
                                                                                                                    Identify the
                                                                                                                   business issue
                                                                                                                                                         Client led


                                                                                                                                            Collect
                                                                                                   Execute
                                                                                                                                         Relevant Data




                                                                                                                                    Conduct
                                                                                                       Form strategy
                                                                                                                                    Analysis



                                                                                                                                                                       6
Copyright ©2012 The Nielsen Company. Confidential and proprietary.




                                                                     THE CROSS-FUNCTIONAL THOUGHT PARTNER
                                                                                                                                   Marketing
                                                                                                                                  effectiveness




                                                                                                                                                  Brand

                                                                                                     Shopping
                                                                      Expertise, data and insights    & retail

                                                                      from multiple research                            Nielsen
                                                                      practices, across numerous
                                                                      industries.                                                                       Product
                                                                                                                                                      Innovation


                                                                                                                 Cross platform
                                                                                                                     media
                                                                                                                  consumption


                                                                                                                                                                   7
Copyright ©2012 The Nielsen Company. Confidential and proprietary.




                                                                     CREATING A UNIQUELY CONSOLIDATED VIEW OF THE CONSUMER
                                                                       Combining multiple research data to form an uncommon sense of the consumer

                                                                                                           Motivations   What I actually purchase
                                                                                            Intentions and Desires
                                                                                                                                  How I shop
                                                                                                          Attitudes
                                                                                                                                     Unmet needs
                                                                              What messaging and content I
                                                                                   was actually exposed to                              Geography

                                                                                   Demography / lifestage                                 My Media and Technology usage

                                                                      What my brain subconsciously tells                                    How I feel about your
                                                                                       me about things                                      product, advertisement or content

                                                                         What I did as a result of your                                        What I purchased and why
                                                                                product, campaign or                                           (Price, place, promotion)
                                                                             advertisement and why
                                                                                                                                                    What new products I would
                                                                            How my opinion of you                                                   consume if they existed and how
                                                                                     has changed
                                                                                                                                                                                      8
Copyright ©2012 The Nielsen Company. Confidential and proprietary.




                                                                     AND ALSO INFORMS EFFECTIVE PLANNING WITHIN
                                                                     THE MEDIA AND DIGITAL INDUSTRY
                                                                                  Optimal pricing                         Product & content innovation

                                                                      Campaign effectiveness                                    Cross-platform optimisation of
                                                                                                                                content and advertising
                                                                     Differentiating a publisher
                                                                     audience                                                    Demonstrate Marketing ROI
                                                                                                                                 during and post-campaign
                                                                       Market Mix Modelling
                                                                       (Price, Place, Promotion)                            Convergence strategy

                                                                                              Understand RESONANCE and
                                                                                           REACTION to content, and campaigns
                                                                                                                                                                 9
Copyright ©2012 The Nielsen Company. Confidential and proprietary.




                                                                        CONTACT




     Consulting Lead, Media
                  John Price

     http://viz.me/JohnPrice




10

Intro to Nielsen Consulting

  • 1.
    NIELSEN CONSULTING RESEARCH LEDSTRATEGY DEVELOPMENT APRIL 2013
  • 2.
    Copyright ©2012 TheNielsen Company. Confidential and proprietary. NIELSEN CONSULTING: THE TRUSTED ADVISOR Brands, retailers and agencies alike seek a ‘translation layer’ to act on the wealth of research data available. 60% 50% 40% 30% What clients get What clients want 20% 10% 0% Data provider Info sources Business issue Solution Trusted advisor provider contributor provider Source: Nielsen client surveys 2
  • 3.
    PROBLEM-LED STRATEGY DEVELOPMENT The translation layer between complex data and meaningful business outcomes Nielsen collects and analyses an unmatched wealth of data on Australian consumers’ behaviours, attitudes and actual consumption (retail, media and technology). The Consulting function serves as a translation layer between the data and business planning by collaborating with clients Copyright ©2012 The Nielsen Company. Confidential and proprietary. to: - Identify the problems worth solving - Provide customised solutions to gain relevant insights - Form strategy and direction to respond to the business issue 3
  • 4.
    Copyright ©2012 TheNielsen Company. Confidential and proprietary. THE ONE-WAY RESEARCH PROCESS CARRIES RISK The ‘brief and respond’ process for insights data can be risky and time consuming. Client led Nielsen led REQUEST DATA CONDUCT ANALYSIS FORM STRATEGY EXECUTE Data provision as Client accesses Client develops and Client executes requested, or to a data, conducts forms core strategy set research brief analysis RISK Potential risks Is this all of the data Do the analysts have How would the Is the strategy based on that is helpful to solve the expertise and/or strategy have changed the correct conclusions? the business problem? time to extract the if other relevant data What is the feedback Does this get to the relevant and most was available? loop to insights for future root cause of the valuable insights across strategy development? business issue? multiple datasets? 4
  • 5.
    Copyright ©2012 TheNielsen Company. Confidential and proprietary. A CONSULTATIVE APPROACH MANAGES THIS RISK Adding a consultation layer reduces risk through effective 2-way engagement Client led Nielsen led IDENTIFY CREATE DATA CONDUCT FORM EXECUTE BUSINESS ISSUE SOLUTION ANALYSIS STRATEGY Client identifies Create custom data Nielsen conducts Strategy is Client executes and business issue in solution across analysis recommended commences feedback collaboration with multiple research collaboratively loop. thought partner practices and with client industry Mitigated risk datasets, including proprietary client data RISK Relevant research In-house expertise Thought partnership De-risking the and datasets are and resource to delivers combined process developed and gain accurate and expertise to form executed timely insight from client strategy each dataset 5
  • 6.
    Copyright ©2012 TheNielsen Company. Confidential and proprietary. THE CONSULTATIVE FEEDBACK LOOP Consultative approach ensures ongoing collaboration and strategic leadership to tackle business issues Nielsen led Identify the business issue Client led Collect Execute Relevant Data Conduct Form strategy Analysis 6
  • 7.
    Copyright ©2012 TheNielsen Company. Confidential and proprietary. THE CROSS-FUNCTIONAL THOUGHT PARTNER Marketing effectiveness Brand Shopping Expertise, data and insights & retail from multiple research Nielsen practices, across numerous industries. Product Innovation Cross platform media consumption 7
  • 8.
    Copyright ©2012 TheNielsen Company. Confidential and proprietary. CREATING A UNIQUELY CONSOLIDATED VIEW OF THE CONSUMER Combining multiple research data to form an uncommon sense of the consumer Motivations What I actually purchase Intentions and Desires How I shop Attitudes Unmet needs What messaging and content I was actually exposed to Geography Demography / lifestage My Media and Technology usage What my brain subconsciously tells How I feel about your me about things product, advertisement or content What I did as a result of your What I purchased and why product, campaign or (Price, place, promotion) advertisement and why What new products I would How my opinion of you consume if they existed and how has changed 8
  • 9.
    Copyright ©2012 TheNielsen Company. Confidential and proprietary. AND ALSO INFORMS EFFECTIVE PLANNING WITHIN THE MEDIA AND DIGITAL INDUSTRY Optimal pricing Product & content innovation Campaign effectiveness Cross-platform optimisation of content and advertising Differentiating a publisher audience Demonstrate Marketing ROI during and post-campaign Market Mix Modelling (Price, Place, Promotion) Convergence strategy Understand RESONANCE and REACTION to content, and campaigns 9
  • 10.
    Copyright ©2012 TheNielsen Company. Confidential and proprietary. CONTACT Consulting Lead, Media John Price http://viz.me/JohnPrice 10