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Paul Laughlin, Managing Director, Laughlin Consultancy Gain deeper insights Using analytics and research to generate insights © Laughlin Consultancy Ltd, not to be used without permission.
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Gain Deeper Insights: Using analytics and research to generate insights

Dec 18, 2014

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Marketing

Paul Laughlin

An introduction to Customer Insight, explaining what it is & how to pull multiple technical skills together to generate customer insights which provoke action. Paul Laughlin shares learning from over a decade of creating and leading customer insight teams to make £10m difference p.a. to bottom lines.
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Page 1: Gain Deeper Insights: Using analytics and research to generate insights

Paul Laughlin, Managing Director, Laughlin Consultancy

Gain deeper insights

Using analytics and research to generate insights

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 2: Gain Deeper Insights: Using analytics and research to generate insights

Who am I to advise you?

Experience in the field

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 3: Gain Deeper Insights: Using analytics and research to generate insights

What is customer insight?

❖ Data

❖ Analytics

❖ Research

❖ Database Marketing

“A non-obvious understanding about your customers, which if acted upon, has the potential to change their behaviour for

mutual benefit”

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 4: Gain Deeper Insights: Using analytics and research to generate insights

Growing authority of insight

❖ Customer Insight Directors or Chief Knowledge Officers now exist across blue chip companies in many sectors (UK and USA)

❖ Competition?

❖ Regulation?

❖ Fad?

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 5: Gain Deeper Insights: Using analytics and research to generate insights

Dimensions of value-add

© Laughlin Consultancy Ltd, not to be used without permis-sion.

InsightValue

Creator

Customer Strategy

Voice of the Customer

Targeted Customer Interactions

Evidence for Regulator

Product/Channel Neutrality

Page 6: Gain Deeper Insights: Using analytics and research to generate insights

Maximising each element

CustomerData

Customer Analysis

Customer Research

Database Marketing

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 7: Gain Deeper Insights: Using analytics and research to generate insights

Customer insight ecosystem

CustomerData

Customer Research

Customer Analysis

Database Marketing

Feel Experiences

Test Hypotheses

ConvergeEvidence

Structured question-ing to generate In-

sights

Consider in market &

competitor context

Visual communica-tion of compelling

stories

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 8: Gain Deeper Insights: Using analytics and research to generate insights

Hybrids wear many hats

❖ Data Scientist

❖ Psychologist

❖ Artist/Storyteller

❖ Sales Coach

❖ Economist/Statistician

❖ People Leader

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 9: Gain Deeper Insights: Using analytics and research to generate insights

It’s all about taking action

❖ Need

❖ Actionability

❖ Output

❖ Progress

❖ Complete

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 10: Gain Deeper Insights: Using analytics and research to generate insights

Influencing at the Top Table

❖ What’s on their agenda?

❖ Customer updates

❖ Commercial updates

❖ Joint updates with Marketing & Operations

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 11: Gain Deeper Insights: Using analytics and research to generate insights

Sustaining the improvement

❖ Executive Coaching works

❖ Insight leaders should

benefit

❖ It’s for winners not losers

❖ Take care choosing a coach

© Laughlin Consultancy Ltd, not to be used without permis-sion.

Page 12: Gain Deeper Insights: Using analytics and research to generate insights

Can I help you?

customerinsightleader.

com

laughlinconsultancy.co

m

@LaughlinPaul

linkedin.com/in/paullaughlin

[email protected]

+44 (0)7446 958061

© Laughlin Consultancy Ltd, not to be used without permis-sion.