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[ASSIGNMENT 1.1]
VÕ VĂN THI
NGUYỄN THỊ NGỌC DUNG
INSIGHT vs UNDERSTAND vs DATA
Data is the current behavior or facts
about consumer
Understanding is the meticulous judgment of data to
deeply understand why consumer behave the way they do.
Insight - A group of profound understanding that create
potential business opportunities
I want to win myself and reach self-belief to do what I want
HOW TO GET INSIGHT
Data
Understanding
Insight
Research and collect information,
fact about behaviors, attitude,...of
customers
develop understanding why humans
do it by asking why they did what
they did
gain understanding of what business
can do to satisfy needs and desires in
new ways and competitive
why
why
- 40% use water only to cleanse their face
- 70% don’t want complicated things
Men wants simple things and they are
lazy to take care of themselves
Water only could not
cleanse deeply men face
and still make skin prone
to acne. Cleanser could
help.
EXAMPLE OF FACIAL CLEANSER CATEGORY
HOW MANY LEVELS OF INSIGHT?
Based on the needs of consumer, we group
them into 5 levels of Insights: Physiological,
Safety, Love/Belonging, Esteem, Self-
actualization. Follow those levels of
insights, company could find business
opportunities.
Apple is choosing Esteem insights to tap on. It solves the need to show off self-esteem,
confidence, and achievement of consumer.
Young Marketers Elite 2014 Assignment 1.2 - Thi - Dung

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Young Marketers Elite 2014 Assignment 1.2 - Thi - Dung

  • 1. [ASSIGNMENT 1.1] VÕ VĂN THI NGUYỄN THỊ NGỌC DUNG
  • 2. INSIGHT vs UNDERSTAND vs DATA Data is the current behavior or facts about consumer Understanding is the meticulous judgment of data to deeply understand why consumer behave the way they do. Insight - A group of profound understanding that create potential business opportunities
  • 3. I want to win myself and reach self-belief to do what I want
  • 4. HOW TO GET INSIGHT Data Understanding Insight Research and collect information, fact about behaviors, attitude,...of customers develop understanding why humans do it by asking why they did what they did gain understanding of what business can do to satisfy needs and desires in new ways and competitive why why
  • 5. - 40% use water only to cleanse their face - 70% don’t want complicated things Men wants simple things and they are lazy to take care of themselves Water only could not cleanse deeply men face and still make skin prone to acne. Cleanser could help. EXAMPLE OF FACIAL CLEANSER CATEGORY
  • 6. HOW MANY LEVELS OF INSIGHT? Based on the needs of consumer, we group them into 5 levels of Insights: Physiological, Safety, Love/Belonging, Esteem, Self- actualization. Follow those levels of insights, company could find business opportunities.
  • 7. Apple is choosing Esteem insights to tap on. It solves the need to show off self-esteem, confidence, and achievement of consumer.