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PROMOTING MARKET
RESEARCH
IN
AFRICAN COUNTRIES 
February 17th 2017
OUTLINE
Why is Africa important?
Why should we bother with Market Research in Africa?
How do we publicize Market Research in Africa?
Wrap up
Why is Africa Important?
AFRICAN FACTS
National Geographic ‘Getting to Know Africa: 50 Interesting Facts’ http://voices.nationalgeographic.com/2013/10/31/getting-to-know-africa-50-facts/
AFRICA'S POPULATION
Rise in discretionary
income
Living in urban
centres
Large, growing and
diverse population
High youth
population
McKinsey & Company ‘The rise of the African consumer’ http://www.mckinsey.com/global-locations/africa/south-africa/en/rise-of-the-african-consumer
AFRICA'S ECONOMY
Orange - Next 11 Economies
Purple - Fastest Growing Economies
Next 11 ‘Focusing on your needs in Emerging Markets’ http://next11.se/next-11-emerging-markets/
Africa Business Central ‘These are Africa’s Fastest Growing Economies’ http://www.africanbusinesscentral.com/2016/05/12/here-are-africas-top-10-fastest-growing-economies-infographics/
AFRICA'S INDUSTRIES
Apparel, Consumer
Goods and Food
& Beverage account
for 45% of Africa’s
growth
Telecommunication,
Financial Services,
Education, Tourism,
Construction,
Manufacturing and
Health Care are
the fastest growth
industries
The World Bank ‘Africa Still Poised to Become the Next Great Investment Destination’ http://www.worldbank.org/en/news/opinion/2015/06/30/africa-still-
poised-to-become-the-next-great-investment-destination
McKinsey & Company ‘What’s driving Africa’s growth’ http://www.mckinsey.com/global-themes/middle-east-and-africa/whats-driving-africas-growth
BEHAVIOURS AND ATTITUDES
Changing Demands
Mobile Phone
Usage
Status and Self-
Presentation
Modern Shopping
Experience
Word of Mouth and
Traditional Media
Quality Products
McKinsey & Company ‘The rise of the African consumer’ http://www.mckinsey.com/global-locations/africa/south-africa/en/rise-of-the-african-consumer
Why should we bother with market
research in Africa?
2 African countries make up
the ‘Next 11’ Countries
11 African countries make up
the list of the World’s Fastest
Growing Economies
By 2020, number of
households with
discretionary income will
rise by 35% (from 85million
to 130million)
Foreign investment almost
as high as that reaching
China. As of 2015, reached
$60billion
Investments in FMCG
Manufacturing, IT, Financial
Services, Retail & Tourism
ATTRACTIVENESS OF AFRICA
Attractive
Landscape
for
Businesses
Demand for
Market
Research
Next 11 ‘Focusing on your needs in Emerging Markets’ http://next11.se/next-11-emerging-markets/
Africa Business Central ‘These are Africa’s Fastest Growing Economies’ http://www.africanbusinesscentral.com/2016/05/12/here-are-africas-top-10-fastest-growing-economies-
infographics/
McKinsey & Company ‘What’s driving Africa’s growth’ http://www.mckinsey.com/global-themes/middle-east-and-africa/whats-driving-africas-growth
McKinsey & Company ‘The rise of the African consumer’ http://www.mckinsey.com/global-locations/africa/south-africa/en/rise-of-the-african-consumer
CURRENT STATE
Africa contributes only 1% of
the total revenues of the
Market Research Industry
$40billion revenue industry;
Europe and United States
are the biggest buyers of
Market Research
Brazil, Russia, India and
China (BRIC nations) are
experiencing increased
demand for Market
Research
Market Research.com ‘ Key Facts About the Market Research Industry’ http://blog.marketresearch.com/key-facts-about-the-market-research-industry
Kantar Millward Brown ‘Africa Leads the World into the Future of Market Research’ https://www.millwardbrown.com/Insights/Point-of-
View/Africa_Leads_the_World/default.aspx
WHY ARE WE IN THIS STATE?
Difficulty
Travelling
Time
Consuming
Small pool of
trained staff
Lack of Data
and Statistics
High Costs
Kantar Millward Brown ‘Africa Leads the World into the Future of Market Research’ https://www.millwardbrown.com/Insights/Point-of-
View/Africa_Leads_the_World/default.aspx
(Agencies) (Agencies)
(Agencies &
Companies)
(Agencies &
Companies)
(Agencies &
Companies)
How do we publicize Market Research
in Africa?
AGENCY: CLIENT
Stay abreast with new
trends and provide
research backed
insights
Shed some light on
current and future
obstacles, and together
develop research based
solutions
Collaborate with
reputable, well
established companies
as a way to display
trust, accountability,
accuracy and honesty
in our industry
Reduce the
amount of steps
needed to
participate
Provide plain
language briefs
Provide instant
gratification
Research on
interesting
topics
Keep It Simple
and Short
AGENCY: RESPONDENT
COMPANY: DEPARTMENT
Provide graduate
programs,
internships and coop
programs
Encourage, support
and reward
participation in
industry events
Provide scholarship
programs
Provide employee
membership to
different associations
in the industry
WRAP UP
Listening to target market
Increasing market share
Increasing mind share
Thank You

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The Marketing of MR: Promoting Market Research in African Economies

  • 2. OUTLINE Why is Africa important? Why should we bother with Market Research in Africa? How do we publicize Market Research in Africa? Wrap up
  • 3. Why is Africa Important?
  • 4. AFRICAN FACTS National Geographic ‘Getting to Know Africa: 50 Interesting Facts’ http://voices.nationalgeographic.com/2013/10/31/getting-to-know-africa-50-facts/
  • 5. AFRICA'S POPULATION Rise in discretionary income Living in urban centres Large, growing and diverse population High youth population McKinsey & Company ‘The rise of the African consumer’ http://www.mckinsey.com/global-locations/africa/south-africa/en/rise-of-the-african-consumer
  • 6. AFRICA'S ECONOMY Orange - Next 11 Economies Purple - Fastest Growing Economies Next 11 ‘Focusing on your needs in Emerging Markets’ http://next11.se/next-11-emerging-markets/ Africa Business Central ‘These are Africa’s Fastest Growing Economies’ http://www.africanbusinesscentral.com/2016/05/12/here-are-africas-top-10-fastest-growing-economies-infographics/
  • 7. AFRICA'S INDUSTRIES Apparel, Consumer Goods and Food & Beverage account for 45% of Africa’s growth Telecommunication, Financial Services, Education, Tourism, Construction, Manufacturing and Health Care are the fastest growth industries The World Bank ‘Africa Still Poised to Become the Next Great Investment Destination’ http://www.worldbank.org/en/news/opinion/2015/06/30/africa-still- poised-to-become-the-next-great-investment-destination McKinsey & Company ‘What’s driving Africa’s growth’ http://www.mckinsey.com/global-themes/middle-east-and-africa/whats-driving-africas-growth
  • 8. BEHAVIOURS AND ATTITUDES Changing Demands Mobile Phone Usage Status and Self- Presentation Modern Shopping Experience Word of Mouth and Traditional Media Quality Products McKinsey & Company ‘The rise of the African consumer’ http://www.mckinsey.com/global-locations/africa/south-africa/en/rise-of-the-african-consumer
  • 9. Why should we bother with market research in Africa?
  • 10. 2 African countries make up the ‘Next 11’ Countries 11 African countries make up the list of the World’s Fastest Growing Economies By 2020, number of households with discretionary income will rise by 35% (from 85million to 130million) Foreign investment almost as high as that reaching China. As of 2015, reached $60billion Investments in FMCG Manufacturing, IT, Financial Services, Retail & Tourism ATTRACTIVENESS OF AFRICA Attractive Landscape for Businesses Demand for Market Research Next 11 ‘Focusing on your needs in Emerging Markets’ http://next11.se/next-11-emerging-markets/ Africa Business Central ‘These are Africa’s Fastest Growing Economies’ http://www.africanbusinesscentral.com/2016/05/12/here-are-africas-top-10-fastest-growing-economies- infographics/ McKinsey & Company ‘What’s driving Africa’s growth’ http://www.mckinsey.com/global-themes/middle-east-and-africa/whats-driving-africas-growth McKinsey & Company ‘The rise of the African consumer’ http://www.mckinsey.com/global-locations/africa/south-africa/en/rise-of-the-african-consumer
  • 11. CURRENT STATE Africa contributes only 1% of the total revenues of the Market Research Industry $40billion revenue industry; Europe and United States are the biggest buyers of Market Research Brazil, Russia, India and China (BRIC nations) are experiencing increased demand for Market Research Market Research.com ‘ Key Facts About the Market Research Industry’ http://blog.marketresearch.com/key-facts-about-the-market-research-industry Kantar Millward Brown ‘Africa Leads the World into the Future of Market Research’ https://www.millwardbrown.com/Insights/Point-of- View/Africa_Leads_the_World/default.aspx
  • 12. WHY ARE WE IN THIS STATE? Difficulty Travelling Time Consuming Small pool of trained staff Lack of Data and Statistics High Costs Kantar Millward Brown ‘Africa Leads the World into the Future of Market Research’ https://www.millwardbrown.com/Insights/Point-of- View/Africa_Leads_the_World/default.aspx (Agencies) (Agencies) (Agencies & Companies) (Agencies & Companies) (Agencies & Companies)
  • 13. How do we publicize Market Research in Africa?
  • 14. AGENCY: CLIENT Stay abreast with new trends and provide research backed insights Shed some light on current and future obstacles, and together develop research based solutions Collaborate with reputable, well established companies as a way to display trust, accountability, accuracy and honesty in our industry
  • 15. Reduce the amount of steps needed to participate Provide plain language briefs Provide instant gratification Research on interesting topics Keep It Simple and Short AGENCY: RESPONDENT
  • 16. COMPANY: DEPARTMENT Provide graduate programs, internships and coop programs Encourage, support and reward participation in industry events Provide scholarship programs Provide employee membership to different associations in the industry
  • 17. WRAP UP Listening to target market Increasing market share Increasing mind share