The Warc Blog

The Warc Blog

Are marketers just too timid to embrace System1?
 
Posted by: David Penn, Managing Director, Conquest
 
David Penn

Are the traditional tools of market research – surveys with explicit, direct questions – still up to the job of measuring brands in the new era? The explosion of new understanding about how the mind works could not have been foreseen by the founders of market research, back in the 50s, but modern practitioners have less excuse for still using more or less the same approaches. Traditional (System 2) methods still dominate: researchers still ask direct questions (and people still answer them), but any marketer or MR professional with even a smattering of knowledge of recent developments in mind science would surely ask: Is that all there is?

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Subjects: Marketing, Brands, Data

22 April 2015 12:49

Understanding multi-platform media audiences – Are we keeping pace?
 
Posted by: Guest blog
 
Guest blog

This post is by Angela Canin, Senior Manager Development and Editor Research World at ESOMAR.

In researching this theme for the ESOMAR Summer Academy Seminar (1-4 June in Amsterdam) it's become apparent just how complex audiences have become. The implications for all stakeholders is immense and the shift in how, when, where and what to communicate has shifted completely in under a decade.

According to Ansgar Hoelscher, VP marketing intelligence & innovation at Beiersdorf "The old broadcasting paradigm is over. We have to establish a one-to-one connection with consumers and engage in dialogue. That means having something interesting and relevant for the other person – and that's not always the product itself. Relevant content is the name of the game. Relevant means interesting, exciting and useful for the consumer. It's the only way to have good one-to-one dialogue."

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Subjects: Media, Data

08 April 2015 09:17

The search for 'truth': Measurement formats in research
 
Posted by: Peter Mouncey, Editor-In-Chief, IJMR
 
Peter Mouncey

In the latest issue of IJMR, we are publishing three papers on the theme of measurement formats. The first is a comprehensive literature review, by Callegaro et al, that in addition to summarising 'best practice' in the search for 'truth' in data collection, also identifies gaps in current published knowledge in this field.

In particular, the authors discuss in detail the impact of using a forced-choice versus check-all formats. One major gap identified in the paper is that most research to date in this field covers research undertaken in English speaking countries, with limited cultural range.

However, our second paper on this theme by Revilla, starts to address this gap through research undertaken in Spanish speaking countries, comparing forced-choice and check-all methods in the search for 'truth'. The final paper by Rossiter and Dolnicar explores the theme from a brand-image measurement perspective, arguing the case for applying Level-free Forced-Choice Binary measures when undertaking research in that field.

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Subjects: Data

02 April 2015 15:17

Welcome to the Age of Big
 
Posted by: Waqar Riaz, Cheil Worldwide
 
Waqar Riaz

Imagine someone persuaded Ferdinand Magellan and his crew to abandon the Great Big Victoria in exchange for 271 canoes to help them successfully cross the Pacific. Without a doubt, the agent selling the canoes would have made a very profitable deal, however, it is almost guaranteed that Mr Magellan and his crew would never ever be in the list of those who crossed the Pacific (though probably the first ones to successfully accomplish mass sinking of 271 canoes).

In this new richer and bigger world the words selling, persuading and advocating small ideas sound no different to me.

When I hear that Big Ideas are dead and small ideas are ‘in’, I feel genuinely depressed.

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Subjects: Brands, Marketing, Data

26 March 2015 16:06

The only number you need to know: Fit-for-purpose sample quality measures in the internet age
 
Posted by: Peter Mouncey, Editor-In-Chief, IJMR
 
Peter Mouncey

I'll let you into a secret – maths was NOT my strong point at grammar school. I never really got the hang of algebra, and the maths teacher I had for several years did little to stimulate interest and understanding in his students. However, going to college changed all that. We had a young, inspirational lecturer for statistics, and suddenly the fog lifted, and I got the point of it all. Enough to say that I achieved a high mark in a maths related field for the first time in my life. I was weaned on texts such as Moroney's 'Facts from Figures', and for research methods, Moser and Kalton's 'Survey Methods in Social Investigation'.

So, when I first worked in market research, as part of Fred Johnson's team at the Gas Council, I never thought of myself as a statistician, but I felt I knew the principles and theory of sampling – high quality research design being crucial to the major studies we used to help our internal clients forecast demand, such as the Peak Load Survey for energy consumption and the then AGB Home Audit for measuring appliance ownership.

Then, further on in my career, running market research at the AA, quality survey design was crucial for measuring demand for roadside services, new products and developing the Members Satisfaction Index that transformed the quality of service delivery in the mid 1990s. Quality research design was also crucial to measuring trends in motoring expenditure, published each quarter in 'Drive' magazine, and in supporting the AA's public policy activities – including the replication of the seminal study by Colin Buchanan, 'Traffic in Towns' (1963) which we undertook in the 1980s. Representativeness was key.

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Subjects: Data

10 March 2015 10:05

How to drive in-store purchases test effects of ad exposure on in-store neural responses for a major North American retail corporation
 
Posted by: Guest blog
 
Guest blog

This post details research by Dr. Thomas Zoëga Ramsøy of Neurons Inc. He is a speaker at the Neuromarketing World Forum in Barcelona March 25-27.

Little is still understood about the actual in-store purchase process, and research is often limited by traditional research methods that rely on conscious self-reports. While traditional market research methods only allow recording of actual purchase and customers' self-reports about the reasons behind their choices, neuromarketing methods allow better assessment and understanding of key unconscious processes underlying consumer choice. Here, we report the result of two consumer neuroscience studies that explore whether in-store decisions can be traced to immediate neural responses that precede conscious deliberation.

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Subjects: Data

03 March 2015 12:43

This Year, Next Year UK forecast
 
Posted by: MEC
 
MEC

This post by GroupM's Adam Smith summarises the latest forecasts for 2015 ad expenditure in the UK and how they will impact on media categories.

The UK economy is in strong, but vulnerable, recovery. Our trade deficit is a symptom. its run-rate of 5% of GDP is the highest it has ever been in peacetime. This is not healthy. It suggests under investment in domestic production (guilty), excess borrowing to consume (guilty), and, in particular, excess borrowing from foreigners (which can dry up without warning, especially with the Fed calling its dollars home).

Another symptom is relying on consumers to save less rather than earning more. Takehome pay has risen 8% since 2008; CPI, 20%. Falling oil and supermarket prices will increase real spending power temporarily. Lasting improvement requires better productivity, which requires corporate investment, which requires a degree of confidence about the future which UK Plc may lack. For these ad forecasts, the short-term looks more attractive than the long-term. The advertising recovery peaked in 2013. And even the short-term comes with a government health warning. Low wage growth brought a tax shortfall, so the government is not finished with austerity yet. We will hear more about this after the election. The 11% (of GDP) annual budget deficit the coalition inherited in 2010 is still running at 5%-6% (same as Spain, worse than Italy) and the pile of accumulated public debt has doubled, to £1.5 trillion (nearly 90% of annual GDP).

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Subjects: Data

30 January 2015 17:03

Consumables to attract most adspend in 2015
 
Posted by: James McDonald, Research Analyst, Warc
 
James McDonald

The consumables sector is set to account for the greatest category share of UK advertising spend in 2015, according to the latest data from the AA/Warc Expenditure Report. The sector – comprising cosmetics & toiletries, food, drink, household FMCG, pharmaceuticals and tobacco – should take around 23% of total adspend, with ad revenues in excess of £2.4bn. This follows anticipated growth of 1.5% for the category in 2015, following a rise of 0.6% last year.

The category data included within the Expenditure Report is sourced from Nielsen, the market research firm. The 26 major product categories measured by Nielsen – Nielsen's data collection methodology is detailed here – are grouped into seven major sectors by the Advertising Association and Warc, according to the table below.


(Click image to enlarge)

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Subjects: Data

29 January 2015 15:57

Recruitment advertising: On the up
 
Posted by: James McDonald, Research Analyst, Warc
 
James McDonald

UK recruitment adspend has now shown year-on-year growth in the last four quarters, and is expected to post continuous growth throughout the forecast period to end-Q3 2016, according to the latest data from the Advertising Association/Warc Expenditure Report.

The Report estimates annual growth in recruitment adspend of 3.9% last year, with total spend of approximately £528m, while a further increase – of 4.8% – is forecast this year. Prior to the last four quarters of growth, the sector had registered a decline in 21 of the previous 23 quarters.


(Click image to enlarge)

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Subjects: Data

26 January 2015 09:36

A record year for UK adspend: Where's the money going?
 
Posted by: James McDonald, Research Analyst, Warc
 
James McDonald

UK advertising expenditure is forecast to total £19.6bn in 2015, according to the latest data from the Advertising Association/Warc Expenditure Report, released this week. This is comfortably the largest total ever recorded, and represents a 5.7% annual increase from 2014. Receipts for 2014 are expected to total approximately £18.5bn, following growth of 5.8% from 2013. These rises also represent the best consecutive growth period since the millennium.

The largest medium for adspend – since surpassing TV in 2011 – is internet, with pure play digital revenues of £7.0bn forecast this year. The pure play figure excludes digital revenues from magazines and newsbrands as well as those from broadcaster VoD, however it does include mobile revenues, which have risen significantly over the last five years.

In 2015, one in every three pounds spent on internet advertising will be specifically for mobile, up from 1/20 in 2011. Furthermore, annual mobile display and search revenues are each expected to surpass £1bn for the first time this year.

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Subjects: Data, Advertising

23 January 2015 09:31

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