3. Every study comes to the same conclusion:
You have to become more customer centric.
Consumers are the best to explain what they prefer
and why.
Customer Centricity Consumer Research.
5. Secondary Research: Gathers lots of existing
sources of data and correlate them.
Tells you WHAT consumers buy.
Market research observes
Primary Research: Survey consumers using
different methodologies.
Tells you WHY consumers buy.
Consumer research asks
CONSUMER RESEARCH ≠ MARKET RESEARCH
9. POTLOC
PHONE SURVEYS
● 27,5% Canadian and 50,8% US households don’t have
landlines anymore.
● Gender bias: Over-represent females
● Age bias: Over-represent 55+ years old and under-
represent 35- years old
● Social bias: Over-represent retired/unemployed people
● $15 - $30 per respondent (leads to small sample size)
And it is terribly annoying
10. POTLOC
STREET/MALL INTERCEPTS
● Gender bias: Over-represent females
● Timing bias: Consumers in a rush provide distorted
results
● Selection bias of the interviewer
● Social bias: Over-represent people who “have time”
● Target shoppers only (you cannot survey non-shoppers)
● $10 - $15 per respondent
And it is terribly annoying
(especially in Toronto)
11. POTLOC
OTHER METHODOLOGIES
● Mystery Shoppers: Good in-depth analysis but not a real
“consumer” research methodology.
● Web panels: Not representative of the population
● Focus Groups: Super efficient for brand immersions
● In-house program: Good because it’s cheap but only
targets the super users
12. POTLOC
EVERYBODY HATES SURVEYS BECAUSE
● They have no time for them
● They have no interest for the topic
To compensate, consumer research companies add things
to win: $0.50, 20 Air Miles or a chance to win a prize.
As a result, it creates an even bigger bias.
15. People answer to POTLOC surveys because:
● They have time (41 min/day on news feed)
● The topic interests them (local retail & RE only)
➔ No need to put any incentive.
WE USE SOCIAL MEDIA
16. ● Under-representation of unemployed
people: 77% are registered.
● Under-representation of older people:
75% of Canadian aged 55+
● Over-representation of females
94% of the adult population in Canada
registered to at least one social media
network and 85% are active users.
Social medias’ penetration Social medias’ bias
SOCIAL MEDIA ≠ MILLENNIALS ONLY
17. POTLOC’S KEY BENEFITS
● Geofenced sample: as small as a 1km circle (or a few postal
codes) and as large as Ontario.
● Quality of answers: consumers volunteer 5min of their
time, they do not answer by courtesy or to win a prize.
● Survey non-shoppers: very relevant to ask non-shoppers
the reasons why they are not coming.
● $3/respondent: leads to larger samples and lower margin
of error
We are not a consulting firm, we are a data provider.
19. TALK TO CONSUMERS
Retailers
● Site confirmation
● Optimize underperforming stores
Real Estate Managers & Developers
● Help leasing to secure tenants
● Optimize underperforming malls
● Help developers understand the needs
21. Groupe Mach in Quebec
● Main challenge: gather relevant data to attract
and secure retailers in a new development.
● 3,213 respondents in a 5km radius.
● Two new tenants secured.
22. Carrefour in France
● Main challenge: identify how to capture the
local competition’s clientele.
● 6,456 respondents.
● Had insights on the reasons why consumers
are choosing competitors over them.
24. FUNDRAISING & OFFICES
We have raised over $6M from Canadian & International VCs, and have multiple offices
across the world.
25. We are hiring in Toronto.
POTLOC
POTLOC TORONTO
180 JOHN ST, TORONTO, ON, M5T 1X5
MORE INFO?
rodolphe@potloc.com
Retail Insider - June 20, 2018
“POTLOC Opens Toronto Office As it
Secures Major Investment”