Building Brands with Emotional Advertising

Even big tech companies are deciding emotional advertising is the best way  to create a connection with their consumers. Check out this ad from Google’s emotion based campaign. MindSight can help you access there emotions in your clients as well.

Learn more about Mindsight

 

The “Thrill of the Chase”…

NielsonWire recently reported that the “best-liked ads of Q3 2011 depict the pursuit of love”. According to Nielson, the appeal of ads like this one

from Chevy (which was the #1 new Q3 ad most liked by women), is the “thrill of the chase.” These findings from Nielson are based on respondents liking an ad “a lot.”

This stated measure obviously provides useful information. Yet, studies where techniques like MindSight® are able to get at information beyond what the respondent reports in standard question batteries, reveal that there may be a whole other world of emotional information we are often missing.

Video in particular is a medium quite adept at inspiring emotion. We sit on the edge of our seats when the detective is about to name the culprit in a murder mystery, or jump when a ghoul pops out during a horror flick. In the ad from Chevy, there is a feeling of suspense as the “marry me” banner flits by in the background followed by chagrin when we realize the girlfriend has missed it.

In fact, in their report Nielson notes that the underlying theme of the most popular ads seems to be an emotional one, a “thrill.” Thus, how much more powerful would it be to find out what a respondent’s emotional reaction to and feelings about an ad might be in addition to how much they liked it?

Learn more about MindSight

 

SNL + Focus Group = Research Nightmare

Often, when conducting qualitative research, marketers may try to recruit respondents who are already loyal to the brand in hopes that the respondent will provide more in-depth feedback.

Melissa McCarthy on Saturday Night Live

However, sometimes brand loyalists can be a bit too enthusiastic, just like Melissa McCarthy’s character in this hilarious Saturday Night Live skit shown below. Has this ever happened to you?

Live Podcast: The Importance of Emotion in Evaluating Product Promotion: Insight Into Physicians Minds

Ever wonder how to measure physicians’ emotions?  Our very own Jeremy Pincus will be on a Pharma Marketing Talk™ live podcast on Wednesday, March 7, 2012 * 2:00 PM to explain how.  We hope you’ll join in.

The Importance of Emotion in Evaluating Product Promotion: Insight Into Physicians Minds

A conversation with Dr. Jeremy Pincus, Principal and Quantitative Team Leader, Forbes Consulting, about the importance of measuring physicians’ emotions when evaluating product promotions. We talk about his company’s proprietary MindSight Emotional Assessment, which is a new way to gather data directly from the emotional brain by “talking in pictures.”

Airs LIVE on (Eastern US). Click here for more information and instructions for listening LIVE or to the audio podcast archive.

Facing the “Global” Challenge in Research

Business today is a global enterprise, and “global marketing” and “global research” is an integral part of any successful business lexicon.  And rightfully so given the globalization of the world economy, and the precipitous growth of world trade volume and value.

  • The World Trade Organization puts the annual global trade of goods and services at an estimated $15 trillion.
  • Based on United Nations’ estimates, the world population will grow to 8.9 billion by 2050, and most of this growth will be in countries with average daily earning of less than $2.  Asia will account for two-thirds of the world population by 2050.
  • And according to the World Bank, 25% of the world GDP will come from China by 2025.

In this ever-growing “borderless global marketplace” where established, emergent and developing economies compete side-by-side, marketers are constantly looking for an edge that will catapult their product or brand above the competition.  With this also comes the recognition that markets are less about the products, and more about the people.  You may have a global product or brand, but there is no such thing as a “global consumer.”  Success for a product will often depend on the marketers’ ability to exploit similarities and differences in consumer motivations.  And global research provides the understanding that marketers need to make informed decisions around the world.

Global research, however, is not easy.  Challenges confronted in any one region of the world are often quite different and unique to that geography.  Working with our clients across a range of product categories and countries, we at Forbes have developed a set of guidelines to successfully execute global research initiatives.  Here are some guidelines that should be taken into consideration when conducting global research:

  • UNDERSTAND THE CULTURE – it is well-known that cultural idiosyncrasies influence how consumers think and act.  The better one understands these issues, the better one is equipped to design the research.  At Forbes, we have “Cultural Partners” in all leading international markets that provide background context on the consumers in general, as well as in how they relate to the research product category in particular.
  • “TRANSCREATE,” DON’T TRANSLATE – transcreation ensures the true meaning and feeling of the text is not lost across cultures and languages.  Transcreation recreates the original English concept in another language by capturing the intent and meaning (connotation), as opposed to merely translating literal meaning (denotation).  For instance, informal phrases or sayings should not necessarily be translated, but substituted with more culturally appropriate ones.
  • KNOW THE SAMPLING CHALLENGE – knowledge of sampling issues and implications related to use of online, in-person, or telephone data collection will ensure that the study sample is an unbiased representation of your target population.
  • TAKE RESPONSE STYLE INTO ACCOUNT – cultural norms can influence the way respondents in some countries respond to survey questions, and especially those involving scales.  Use of scale neutral responses should be considered in such cases.  At Forbes, we have developed techniques that successfully overcome such scale biases.

These are a small sampling of the many considerations to plan for in successfully conducting your next global research project.

Tweeting at the Theater, Really?

By Jessica Azoulay, Managing Director

Here’s an interesting article about the surge in popularity of tweeting at live theater performances.  Makes me think of that commercial, the one that comes up in some movie theaters before the show, the one that basically says “Shush…!”  Really, this is about more than noise prevention.  Shouldn’t there be places where tapping on a phone is not permitted?  Isn’t the whole point of attending a live performance to be completely engaged?  It may be true that these venues are less relevant to younger generations…but I say it’s up to them, the performers, to make their performances more engaging…so much that the idea of tweeting is not even a thought.

President’s Day Fun Facts

Most people find a reason to celebrate President’s Day because of the great sales.

But it’s really a day to honor all of the leaders who have served our country in good times and bad.

Until 1971, both February 12 and February 22 were observed as federal public holidays to honor the birthdays of Abraham Lincoln (February 12) and George Washington (February 22).

In 1971, President Richard Nixon proclaimed one single federal public holiday, Presidents’ Day, to be observed on the third Monday of February, honoring all past presidents of the United States of America.

So brush up on some Presidential fun facts below before you hit the stores! 

Understanding Consumers’ Motivations for Valentine’s Day Purchases

February 14th was declared as Valentine’s Day in 496 AD by Pope Gelasius I. It is a holiday observed honoring one or more early Christian martyrs named Saint Valentine. It is a day that traditionally loved ones express their love for one another by giving flowers, candy, and sending greeting cards known as “valentines.” Hand-written valentines have given way to mass-produced greeting cards. Esther Howland, a native of Worcester, Massachusetts, sold the first mass-produced Valentine cards in the 1840’s.

The U.S. Greeting Card Association estimates that approximately 190 million valentines are sent each year in the United States. At the turn of the millennium, the rise of Internet popularity has created new traditions. Now each year, millions of people send Valentine’s Day e-cards, love coupons, or printable greeting cards. An estimated 15 million e-valentines were sent in 2010.

The National Retail Federation’s Valentine’s Day Consumer Intentions and Actions survey predicts the average person will spend $126.03 this year, up 8.5 percent from last year’s $116.21, and up 22 percent from 2010’s $103.

Spending this Valentine’s Day is expected to reach $17.6 billion. Americans will spend the most on their partners with the average person planning to spend $74.12 which is up from $68.98 in 2011. Men are expected to spend more than women. With 50.5 percent planning to buy their loved ones candy (top gift of choice), followed by flowers and then dinner, approximately 19 percent will purchase jewelry – the highest in the survey’s history.

What motivates an individual to purchase one thing over another? Is it fear of a negative ramification or is it the need to nurture or be nurtured by your partner? Or is it the need to achieve by purchasing the ‘best’ gift? Retailers could benefit by commissioning The Forbes Consulting Group to do a MindSight® study.  By using the company’s proprietary applied neuroscience technology, retailers can gain a better understanding of the specific emotions that influence buyers’ decision-making. This would help retailers understand why someone would choose to buy candy over flowers on Valentine’s Day for their loved one. With this understanding, retailers can strategize and target specific shoppers to help increase their sales revenue.

Social Media Extends the Life of Super Bowl Advertising

It’s estimated that 173 million people will watch Super Bowl XLVI. During the game, 27 percent of Americans plan to be on Facebook, 30 percent plan to be texting, and 8 percent plan to tweet. Some 35 million people are likely to post their favorite ad on Facebook. The average user has 130 friends so that’s approximately 4.5 billion potential viewers. Today, Super Bowl ads now have life before, during, and long after the Super Bowl MVP announces, “I’m going to Disney World.”

Check out ABC News’ take on the top Superbowl commercials for 2012: http://www.youtube.com/watch?v=QVurAYI5xEY

ARE YOU READY FOR SOME FOOTBALL?!!!!

With Superbowl XLVI craziness all around us, it may not come as a surprise that football is America’s favorite sport. Passion for watching the game is at an all time high – 36% of adults say professional football is their favorite sport. Compare that to baseball, in second place with only 13% of adults saying it was their favorite. Check out additional facts here.

Will you be watching the New England Patriots take on the New York Giants on February 5th? I know I will!