SlideShare a Scribd company logo
1 of 25
THE FUTURE OF
CONSUMER RESEARCH
Retail Apocalypse is
only the milestone of a
great industry shift
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.
BUT WHAT IS
CONSUMER RESEARCH?
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
WHAT
MARKET
RESEARCH
GETS YOU
Sociodemographics
Estimated revenues
Competition
Foot & car traffic
Lots of good vendors in the market
WHAT
CONSUMER
RESEARCH
GETS YOU
Reasons for (non) visiting
Needs & intents
What they like
& why
What they dislike
& why
Real Insights from Real Consumers
BUT HOW TO CONDUCT
CONSUMER RESEARCH?
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
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)
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
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.
Disrupting Consumer Research
GEOFENCED CONSUMER
RESEARCH
Our unique technology surveys a
representative sample of
consumers within a specific trade
area for a very low price.
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
● 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
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.
THE ANSWER TO EVERY QUESTION:
“TALK TO CONSUMERS”
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
TALK TO CONSUMERS
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.
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.
THEY TRUST US
FUNDRAISING & OFFICES
We have raised over $6M from Canadian & International VCs, and have multiple offices
across the world.
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”

More Related Content

What's hot

Research, Refine and Reposition: Three Steps to a More Effective Marketing St...
Research, Refine and Reposition: Three Steps to a More Effective Marketing St...Research, Refine and Reposition: Three Steps to a More Effective Marketing St...
Research, Refine and Reposition: Three Steps to a More Effective Marketing St...Market Insights
 
Sponsor Luncheon Presentation by FORSEE
Sponsor Luncheon Presentation by FORSEESponsor Luncheon Presentation by FORSEE
Sponsor Luncheon Presentation by FORSEEMediaPost
 
2014-Shopper-Experience-Study
2014-Shopper-Experience-Study2014-Shopper-Experience-Study
2014-Shopper-Experience-StudyGareth Borcherds
 
Holiday shopping preferences 20 nov 2013
Holiday shopping preferences   20 nov 2013Holiday shopping preferences   20 nov 2013
Holiday shopping preferences 20 nov 2013Rusty Warner
 
Fifth Annual 2014 Shopper Experience Study: Why Omnichannel Success Starts w...
Fifth Annual 2014 Shopper Experience Study:  Why Omnichannel Success Starts w...Fifth Annual 2014 Shopper Experience Study:  Why Omnichannel Success Starts w...
Fifth Annual 2014 Shopper Experience Study: Why Omnichannel Success Starts w...Cognizant
 
The Future of Shopper Marketing is Now
The Future of Shopper Marketing is NowThe Future of Shopper Marketing is Now
The Future of Shopper Marketing is NowLINKETT
 
Case Study Analysis: Best Buy
Case Study Analysis: Best BuyCase Study Analysis: Best Buy
Case Study Analysis: Best Buyhmskowronski
 
GMA (Grocer Manufacturers Association) She Speaks Shopper Marketing
GMA (Grocer Manufacturers Association) She Speaks Shopper MarketingGMA (Grocer Manufacturers Association) She Speaks Shopper Marketing
GMA (Grocer Manufacturers Association) She Speaks Shopper MarketingSheSpeaks Inc.
 
Marketing Analysis of Best Buy
Marketing Analysis of Best BuyMarketing Analysis of Best Buy
Marketing Analysis of Best BuySadhika Pant
 
Startups & The Retail Opportunity
Startups & The Retail OpportunityStartups & The Retail Opportunity
Startups & The Retail OpportunityRich Bowen
 
The Consumer Buying Behavior in the Digital Age
The Consumer Buying Behavior in the Digital AgeThe Consumer Buying Behavior in the Digital Age
The Consumer Buying Behavior in the Digital AgeRob FitzGerald
 
Market Research & Competitive Intelligence
Market Research & Competitive IntelligenceMarket Research & Competitive Intelligence
Market Research & Competitive IntelligenceSAI Digital
 
The #SoLoMo Opportunity and Why Marketer's Should Care
The #SoLoMo Opportunity and Why Marketer's Should CareThe #SoLoMo Opportunity and Why Marketer's Should Care
The #SoLoMo Opportunity and Why Marketer's Should CareJoseph Ruiz
 
Retail Media Insights - Marketing Metrics for Digital Retail Media
Retail Media Insights - Marketing Metrics for Digital Retail MediaRetail Media Insights - Marketing Metrics for Digital Retail Media
Retail Media Insights - Marketing Metrics for Digital Retail Mediaretailmediainsights
 
Young Marketers Elite 2 - retail-audit-consumer-panel 6.1 - Vo Thi & Tu Oanh
Young Marketers Elite 2 - retail-audit-consumer-panel 6.1 - Vo Thi & Tu OanhYoung Marketers Elite 2 - retail-audit-consumer-panel 6.1 - Vo Thi & Tu Oanh
Young Marketers Elite 2 - retail-audit-consumer-panel 6.1 - Vo Thi & Tu Oanhtimo15
 
Best Buy case analysis
Best Buy case analysis Best Buy case analysis
Best Buy case analysis Neal Ferrell
 

What's hot (20)

Research, Refine and Reposition: Three Steps to a More Effective Marketing St...
Research, Refine and Reposition: Three Steps to a More Effective Marketing St...Research, Refine and Reposition: Three Steps to a More Effective Marketing St...
Research, Refine and Reposition: Three Steps to a More Effective Marketing St...
 
Sponsor Luncheon Presentation by FORSEE
Sponsor Luncheon Presentation by FORSEESponsor Luncheon Presentation by FORSEE
Sponsor Luncheon Presentation by FORSEE
 
2014-Shopper-Experience-Study
2014-Shopper-Experience-Study2014-Shopper-Experience-Study
2014-Shopper-Experience-Study
 
Holiday shopping preferences 20 nov 2013
Holiday shopping preferences   20 nov 2013Holiday shopping preferences   20 nov 2013
Holiday shopping preferences 20 nov 2013
 
Fifth Annual 2014 Shopper Experience Study: Why Omnichannel Success Starts w...
Fifth Annual 2014 Shopper Experience Study:  Why Omnichannel Success Starts w...Fifth Annual 2014 Shopper Experience Study:  Why Omnichannel Success Starts w...
Fifth Annual 2014 Shopper Experience Study: Why Omnichannel Success Starts w...
 
Buying Trend
Buying TrendBuying Trend
Buying Trend
 
The Future of Shopper Marketing is Now
The Future of Shopper Marketing is NowThe Future of Shopper Marketing is Now
The Future of Shopper Marketing is Now
 
Best buy
Best buyBest buy
Best buy
 
Case Study Analysis: Best Buy
Case Study Analysis: Best BuyCase Study Analysis: Best Buy
Case Study Analysis: Best Buy
 
GMA (Grocer Manufacturers Association) She Speaks Shopper Marketing
GMA (Grocer Manufacturers Association) She Speaks Shopper MarketingGMA (Grocer Manufacturers Association) She Speaks Shopper Marketing
GMA (Grocer Manufacturers Association) She Speaks Shopper Marketing
 
Marketing Analysis of Best Buy
Marketing Analysis of Best BuyMarketing Analysis of Best Buy
Marketing Analysis of Best Buy
 
Startups & The Retail Opportunity
Startups & The Retail OpportunityStartups & The Retail Opportunity
Startups & The Retail Opportunity
 
Bury the Marketing Funnel
Bury the Marketing FunnelBury the Marketing Funnel
Bury the Marketing Funnel
 
The Consumer Buying Behavior in the Digital Age
The Consumer Buying Behavior in the Digital AgeThe Consumer Buying Behavior in the Digital Age
The Consumer Buying Behavior in the Digital Age
 
Market Research & Competitive Intelligence
Market Research & Competitive IntelligenceMarket Research & Competitive Intelligence
Market Research & Competitive Intelligence
 
The #SoLoMo Opportunity and Why Marketer's Should Care
The #SoLoMo Opportunity and Why Marketer's Should CareThe #SoLoMo Opportunity and Why Marketer's Should Care
The #SoLoMo Opportunity and Why Marketer's Should Care
 
Retail Media Insights - Marketing Metrics for Digital Retail Media
Retail Media Insights - Marketing Metrics for Digital Retail MediaRetail Media Insights - Marketing Metrics for Digital Retail Media
Retail Media Insights - Marketing Metrics for Digital Retail Media
 
Young Marketers Elite 2 - retail-audit-consumer-panel 6.1 - Vo Thi & Tu Oanh
Young Marketers Elite 2 - retail-audit-consumer-panel 6.1 - Vo Thi & Tu OanhYoung Marketers Elite 2 - retail-audit-consumer-panel 6.1 - Vo Thi & Tu Oanh
Young Marketers Elite 2 - retail-audit-consumer-panel 6.1 - Vo Thi & Tu Oanh
 
Chapter 13 pr, regulations & sponsorhips
Chapter 13   pr, regulations & sponsorhipsChapter 13   pr, regulations & sponsorhips
Chapter 13 pr, regulations & sponsorhips
 
Best Buy case analysis
Best Buy case analysis Best Buy case analysis
Best Buy case analysis
 

Similar to The Future of Consumer Research

Office Friendly Conference Presentations 2013
Office Friendly Conference Presentations 2013Office Friendly Conference Presentations 2013
Office Friendly Conference Presentations 2013officewoody
 
Concept testing for_2011_webinar
Concept testing for_2011_webinarConcept testing for_2011_webinar
Concept testing for_2011_webinarcgomez10
 
Scaling International Performance with Google and Tinuiti
Scaling International Performance with Google and TinuitiScaling International Performance with Google and Tinuiti
Scaling International Performance with Google and TinuitiTinuiti
 
Shoppermarketing
ShoppermarketingShoppermarketing
ShoppermarketingKristi Ross
 
Young Marketers Elite 2 - Retail Audit & Consumer Panel - Minh Vũ Mai Bằng
Young Marketers Elite 2 - Retail Audit & Consumer Panel - Minh Vũ Mai BằngYoung Marketers Elite 2 - Retail Audit & Consumer Panel - Minh Vũ Mai Bằng
Young Marketers Elite 2 - Retail Audit & Consumer Panel - Minh Vũ Mai BằngMai Bằng
 
Understanding how US online shoppers are reshaping the retail experience
Understanding how  US online shoppers  are reshaping the  retail experienceUnderstanding how  US online shoppers  are reshaping the  retail experience
Understanding how US online shoppers are reshaping the retail experienceЮниВеб
 
Creating an Advantage: Small Business
Creating an Advantage: Small BusinessCreating an Advantage: Small Business
Creating an Advantage: Small BusinessArjun Arora
 
64 best analytical questions for your brand.pdf
64 best analytical questions for your brand.pdf64 best analytical questions for your brand.pdf
64 best analytical questions for your brand.pdfnguyenanvuong2007
 
21st Century marketing for startups (...and grown-up cos too)
21st Century marketing for startups (...and grown-up cos too)21st Century marketing for startups (...and grown-up cos too)
21st Century marketing for startups (...and grown-up cos too)Lora Kratchounova
 
THE IMPACT OF GAINING PROFIT TO THE ONLINE SELLERS
THE IMPACT OF GAINING PROFIT TO THE ONLINE SELLERSTHE IMPACT OF GAINING PROFIT TO THE ONLINE SELLERS
THE IMPACT OF GAINING PROFIT TO THE ONLINE SELLERSCristineSDayao
 
Sustainable Purchasing: Reimagining Principles and Practices for Mainstream A...
Sustainable Purchasing: Reimagining Principles and Practices for Mainstream A...Sustainable Purchasing: Reimagining Principles and Practices for Mainstream A...
Sustainable Purchasing: Reimagining Principles and Practices for Mainstream A...Sustainable Brands
 
How To Gain Competitive Intelligence and Increase Your ROI with On-Demand Ins...
How To Gain Competitive Intelligence and Increase Your ROI with On-Demand Ins...How To Gain Competitive Intelligence and Increase Your ROI with On-Demand Ins...
How To Gain Competitive Intelligence and Increase Your ROI with On-Demand Ins...PersiphanieArellano
 
Digital shopper relevancy report 2014
Digital shopper relevancy report 2014Digital shopper relevancy report 2014
Digital shopper relevancy report 2014Capgemini
 
Digital Shopper Relevancy - Report 2014
Digital Shopper Relevancy - Report 2014Digital Shopper Relevancy - Report 2014
Digital Shopper Relevancy - Report 2014default default
 
Business Strategies To Deliver Better Customer Value PowerPoint Presentation ...
Business Strategies To Deliver Better Customer Value PowerPoint Presentation ...Business Strategies To Deliver Better Customer Value PowerPoint Presentation ...
Business Strategies To Deliver Better Customer Value PowerPoint Presentation ...SlideTeam
 
Sixth Annual 2015 Shopper Experience Study: One True Channel Focusing on the...
Sixth Annual 2015 Shopper Experience Study:  One True Channel Focusing on the...Sixth Annual 2015 Shopper Experience Study:  One True Channel Focusing on the...
Sixth Annual 2015 Shopper Experience Study: One True Channel Focusing on the...Cognizant
 
Marketing management ppt-(rev2)
Marketing management ppt-(rev2)Marketing management ppt-(rev2)
Marketing management ppt-(rev2)djdracula
 
Marketing management ppt (rev2)
Marketing management ppt (rev2)Marketing management ppt (rev2)
Marketing management ppt (rev2)AmChan Piseth
 
Marketing management
Marketing managementMarketing management
Marketing managementsutrisno2629
 

Similar to The Future of Consumer Research (20)

Office Friendly Conference Presentations 2013
Office Friendly Conference Presentations 2013Office Friendly Conference Presentations 2013
Office Friendly Conference Presentations 2013
 
Concept testing for_2011_webinar
Concept testing for_2011_webinarConcept testing for_2011_webinar
Concept testing for_2011_webinar
 
Scaling International Performance with Google and Tinuiti
Scaling International Performance with Google and TinuitiScaling International Performance with Google and Tinuiti
Scaling International Performance with Google and Tinuiti
 
Shoppermarketing
ShoppermarketingShoppermarketing
Shoppermarketing
 
Young Marketers Elite 2 - Retail Audit & Consumer Panel - Minh Vũ Mai Bằng
Young Marketers Elite 2 - Retail Audit & Consumer Panel - Minh Vũ Mai BằngYoung Marketers Elite 2 - Retail Audit & Consumer Panel - Minh Vũ Mai Bằng
Young Marketers Elite 2 - Retail Audit & Consumer Panel - Minh Vũ Mai Bằng
 
Understanding how US online shoppers are reshaping the retail experience
Understanding how  US online shoppers  are reshaping the  retail experienceUnderstanding how  US online shoppers  are reshaping the  retail experience
Understanding how US online shoppers are reshaping the retail experience
 
Creating an Advantage: Small Business
Creating an Advantage: Small BusinessCreating an Advantage: Small Business
Creating an Advantage: Small Business
 
64 best analytical questions for your brand.pdf
64 best analytical questions for your brand.pdf64 best analytical questions for your brand.pdf
64 best analytical questions for your brand.pdf
 
21st Century marketing for startups (...and grown-up cos too)
21st Century marketing for startups (...and grown-up cos too)21st Century marketing for startups (...and grown-up cos too)
21st Century marketing for startups (...and grown-up cos too)
 
THE IMPACT OF GAINING PROFIT TO THE ONLINE SELLERS
THE IMPACT OF GAINING PROFIT TO THE ONLINE SELLERSTHE IMPACT OF GAINING PROFIT TO THE ONLINE SELLERS
THE IMPACT OF GAINING PROFIT TO THE ONLINE SELLERS
 
Sustainable Purchasing: Reimagining Principles and Practices for Mainstream A...
Sustainable Purchasing: Reimagining Principles and Practices for Mainstream A...Sustainable Purchasing: Reimagining Principles and Practices for Mainstream A...
Sustainable Purchasing: Reimagining Principles and Practices for Mainstream A...
 
How To Gain Competitive Intelligence and Increase Your ROI with On-Demand Ins...
How To Gain Competitive Intelligence and Increase Your ROI with On-Demand Ins...How To Gain Competitive Intelligence and Increase Your ROI with On-Demand Ins...
How To Gain Competitive Intelligence and Increase Your ROI with On-Demand Ins...
 
PwC Canada Total Retail 2016
PwC Canada Total Retail 2016PwC Canada Total Retail 2016
PwC Canada Total Retail 2016
 
Digital shopper relevancy report 2014
Digital shopper relevancy report 2014Digital shopper relevancy report 2014
Digital shopper relevancy report 2014
 
Digital Shopper Relevancy - Report 2014
Digital Shopper Relevancy - Report 2014Digital Shopper Relevancy - Report 2014
Digital Shopper Relevancy - Report 2014
 
Business Strategies To Deliver Better Customer Value PowerPoint Presentation ...
Business Strategies To Deliver Better Customer Value PowerPoint Presentation ...Business Strategies To Deliver Better Customer Value PowerPoint Presentation ...
Business Strategies To Deliver Better Customer Value PowerPoint Presentation ...
 
Sixth Annual 2015 Shopper Experience Study: One True Channel Focusing on the...
Sixth Annual 2015 Shopper Experience Study:  One True Channel Focusing on the...Sixth Annual 2015 Shopper Experience Study:  One True Channel Focusing on the...
Sixth Annual 2015 Shopper Experience Study: One True Channel Focusing on the...
 
Marketing management ppt-(rev2)
Marketing management ppt-(rev2)Marketing management ppt-(rev2)
Marketing management ppt-(rev2)
 
Marketing management ppt (rev2)
Marketing management ppt (rev2)Marketing management ppt (rev2)
Marketing management ppt (rev2)
 
Marketing management
Marketing managementMarketing management
Marketing management
 

Recently uploaded

VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...aditipandeya
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?Juan Pineda
 
9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking Men9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking MenSapana Sha
 
Unraveling the Mystery of Roanoke Colony: What Really Happened?
Unraveling the Mystery of Roanoke Colony: What Really Happened?Unraveling the Mystery of Roanoke Colony: What Really Happened?
Unraveling the Mystery of Roanoke Colony: What Really Happened?elizabethella096
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa
 
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBalmerLawrie
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfarsathsahil
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceSapana Sha
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsVWO
 
The Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckThe Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckToluwanimi Balogun
 
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdfSnapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdfEastern Online-iSURVEY
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AIRinky
 
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...Benjamin Szturmaj
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfasiyahanif9977
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guidekiva6
 
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service OnlineCALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Onlineanilsa9823
 
Local SEO Domination: Put your business at the forefront of local searches!
Local SEO Domination:  Put your business at the forefront of local searches!Local SEO Domination:  Put your business at the forefront of local searches!
Local SEO Domination: Put your business at the forefront of local searches!dstvtechnician
 
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...ChesterYang6
 

Recently uploaded (20)

VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?
 
9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking Men9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking Men
 
Unraveling the Mystery of Roanoke Colony: What Really Happened?
Unraveling the Mystery of Roanoke Colony: What Really Happened?Unraveling the Mystery of Roanoke Colony: What Really Happened?
Unraveling the Mystery of Roanoke Colony: What Really Happened?
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdf
 
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdf
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts Service
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 Reports
 
The Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckThe Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship Deck
 
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdfSnapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AI
 
Creator Influencer Strategy Master Class - Corinne Rose Guirgis
Creator Influencer Strategy Master Class - Corinne Rose GuirgisCreator Influencer Strategy Master Class - Corinne Rose Guirgis
Creator Influencer Strategy Master Class - Corinne Rose Guirgis
 
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
How videos can elevate your Google rankings and improve your EEAT - Benjamin ...
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guide
 
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service OnlineCALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting GroupSEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
 
Local SEO Domination: Put your business at the forefront of local searches!
Local SEO Domination:  Put your business at the forefront of local searches!Local SEO Domination:  Put your business at the forefront of local searches!
Local SEO Domination: Put your business at the forefront of local searches!
 
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
 

The Future of Consumer Research

  • 2. Retail Apocalypse is only the milestone of a great industry shift
  • 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
  • 7. WHAT CONSUMER RESEARCH GETS YOU Reasons for (non) visiting Needs & intents What they like & why What they dislike & why Real Insights from Real Consumers
  • 8. BUT HOW TO CONDUCT CONSUMER 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.
  • 14. GEOFENCED CONSUMER RESEARCH Our unique technology surveys a representative sample of consumers within a specific trade area for a very low price.
  • 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.
  • 18. THE ANSWER TO EVERY QUESTION: “TALK TO CONSUMERS”
  • 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”