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WHAT WE CAN LEARN FROM UBER & AIRBNB APPLYING THE “SHARING ECONOMY” TO MARKET RESEARCH PONDERING PANDA & M4JAM +
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Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

Jan 14, 2017

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Page 1: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

WHAT WE CAN LEARN FROM UBER & AIRBNB

APPLYING THE “SHARING ECONOMY” TO MARKET RESEARCH

P O N D E R I N G PA N D A & M 4 J A M

+

Page 2: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

The paradox of globalisation

Technology has faci l i tated greater g lobal connect ion between people around the world.

Yet the world is becoming e ver more f ragmented…

Page 3: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

num

ber o

f res

ults

m o r e g e n e r i c m o r e s p e c i fi c

Technology is the answer to dealing with increasing diversity

The “Long Tai l” : Our economy is shift ing away from a focus on a smal l number of mainstream

products to huge number of n iches.

Page 4: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb
Page 5: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

And marketing has adapted accordingly

Page 6: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

Can traditional market research meet the needs of data driven marketing?

LARGESAMPLES

REAL-TIMEDATA

COSTEFFECTIVE

Page 7: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

HOW CAN TECHNOLOGY HELP RESEARCH?

Page 8: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

Crowdsourcing

“The process of obtaining needed ser vices, ideas, or content by sol ic i t ing contr ibut ions f rom a large group of people, and especial ly f rom an  onl ine

community, rather than from tradit ional  employees  or suppl iers”.

W i d e l y u s e d g l o b a l l y fo r m a r ket i n g , i n p a r t i c u l a r F M CG .

Page 9: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

The sharing economy: “I don’t need a dri l l , just a hole!”

GROUPON

"shared" the collective action of tipping a deal

KICKSTARTER

"shared" a similar funding

goal among many contributors

AIRBNB

"shared" homes, but charged by

the night, like a hotel

UBER

"shared" the labour of independent contractors

Page 10: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

A new approach to market research?

Uber le verages technology to eff ic iently connect tax i ’s and consumers.

How about connect ing c l ients to the consumers, when they need to speak to them v ia mobi le phones?

BRAND

Page 11: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

For people across the social and economic spectrum,

their phone is their way of staying connected to

the world, and for lower- income groups i t ’s a lso their pr imar y way of

accessing the Internet .

Page 12: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

Mobile phones are much more than just a means for survey completion

Page 13: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

It ’s al l about the base!

The foundation is a large, representat ive and act ive consumer base.

Page 14: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

Consumers are increasingly marketing savvy

Push vs . Pul l

Page 15: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

The power of real engagement

PERSONALISATION GAMIFICATION RELEVANCE

Incentiv isat ion supported by:

Page 16: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

Ensuring quality data cost effectively and at scale

The only solut ion is automation.

Page 17: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

Real-t ime delivery

Mobile phones faci l i tate “always on” real-t ime exchange between users and c l ients .

Report ing is del ivered v ia l ive dashboards.

Le verage analyt ic platforms l ike IBM Watson to automate the generat ion of ins ights .

10%

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Page 18: Applying the Sharing Economy to Market Research: What we can learn from Uber and Airbnb

Thank You

Greg Streatfield

Head of Innovation& Research

[email protected]

+27 84 550 8916

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