* Market Quest © Ipsos. © 2012 All Ipsos. rights reserved. All rights reserved. Contains Ipsos' Contains Confidential Ipsos' Confidential and Proprietary and Proprietary information information and and maymay not be notdisclosed be disclosed or reproduced or reproduced without without the prior the prior written written consent consent of Ipsos. of Ipsos. The automotive industry is undergoing a lot of change across the globe • Shift West to East • Urbanisation • Small is beautiful • Sustainability • Rising cost of energy •… Censydiam for Automotive Within this changing landscape, the consumer is more & more feeling empowered to take control of their own lives. Consumer today are more marketing savvy & more self-reliant; they trust more than ever on their own judgement Consumer Autonomy New technology enables consumers to take control of the Digirelationship with the normalisation brands (e.g. price THE check app, blogs, EMPOWERED twitter, etc.) CONSUMER Inflation of options available to the consumer Competition is fiercer than ever with new retail formats, online shopping, global access, etc. giving the consumer more choice, while competitors across the globe often have the same access to product technology Censydiam for Automotive Call for a more meaningful relationship! & More than ever automotive brands need to deliver relevance to people’s lives. Censydiam for Automotive WITHOUT PEOPLE THERE IS NO MARKET “…There is no car market, there is no motor bike market, but there is a market for freedom, for independence, for status and family harmony” Censydiam for Automotive A first key facet of Censydiam : it identifies 4 layers of motivations Category motivations ? What am I looking for? Functional Characteristics How should it reflect upon me? Social Identity How will it help optimize life? Emotional Benefits What should it stand for? Personality These four facets explain 85 – 95% of brand choice across categories and countries Importance of different Facets of a Brand’s Identity in driving Choice Functional Characteristics Personality 25% Emotional Benefits Relative Importance in driving Brand Choice 31% 34% 10% Social Identity NOTE: Data Based on Ipsos R&D surveys across categories and countries A second key facet of Censydiam : human motivations can be framed according to 2 simple universal dimensions The desire to let go ― PERSONAL ― SOCIAL DIMENSION ― DIMENSION ― The desire to assert oneself, stand out and dominate The strive for control, be rational and suppress your feelings The desire for companionship, bonding and fit with others From product to people A motivational approach gives a much broader, richer entrypoint to start an engaging conversation with your consumer. or Means of transportation Commuting from A to B Status Fun Showcasing your success in life A tool to enjoy life to the max Censydiam for Automotive Building the Frame of Reference towards cars: Definition of the axes How cars can help to deal with daily tensions on an individual level Me and my car, I personally do something with the power I actively handle that power, I express my emotions My car as such, I know that the power is there I passively handle that power, I control my emotions Censydiam for Automotive 10 Building the Frame of Reference towards cars: Definition of the axes Showing that you are successful on a social level Adapting to the norms and habits of the social world How cars can help position the individual within his social context Censydiam for Automotive 11 Motivational Segmentation in Automotive A toy, a gadget to live life to the max A real Passion A harmonious way to enjoy my social life A responsible environment for my family A symbol of my success A sign of my individuality A safe bubble Nothing more than a transportation tool Censydiam for Automotive 12 Where do luxury cars fit in? Embracing the strength of the car The car as a tool for social affirmation Cars Luxury cars Controlling the strength of the car Censydiam for Automotive The car as a tool for social integration Different attitudes towards luxury cars My luxury car lets me explore the world around me in more comfort My luxury car lets me make the most of life Luxury cars My luxury car gets me admiration and respect from others, I’m part of the elite My luxury car lets me express my taste and knowledge and makes me part of an exclusive club My luxury car lets me enjoy my family life more My luxury car lets me feel more secure and protected Censydiam for Automotive Brands can be plotted against this … explore the world admiration and respect express my taste and knowledge make the most of life Luxury cars family life secure and protected Censydiam for Automotive … as can different models of the same brand make the most of life explore the world Compact hatchback Medium crossover admiration and respect Luxury cars family life Large sedan express my taste and knowledge secure and protected Censydiam for Automotive How Censydiam can help you MOTIVATIONAL LANDSCAPE BRAND BRAND POSITIONER GROWTH PRODUCT PORTFOLIO MANAGEMENT ADVERTISING EVALUATION PRODUCT TESTING Censydiam for Automotive MOTIVATIONAL LANDSCAPE 1. What are consumers’ deeper motivations for choosing certain cars brands? 2. Integrated qualitative & quantitative research amongst target consumers; sample size N=800 or above 3. How strong is my brand for each of these motivations? On which of these motivations should I focus? How can I optimize my positioning? 4. Can I identify potential innovation platforms? Censydiam for Automotive 18 Storyline 1 How can I create brand growth? 4 Identify drivers of brand choice & innovation platforms within segments Segment consumers based on category motivations 3 Select target segments for my brand(s) 5 2 Understand motivations for category usage How do brands/ position vs motivations/ segments 6 On what motivations should I focus for my brands Censydiam for Automotive Provide Clients actionable insights to brand growth 19 BRAND BRAND POSITIONER GROWTH 1. What is Attitudinal Equity of my brand? 2. How do consumers perceive my brand on emotional & functional aspects? 3. Quantitative research Starting from N=300 4. What are today’s choice drivers in the market? How can I optimize the share of my brand on current choice drivers? Censydiam for Automotive 20 Storyline 1 How can I create brand growth? 4 Attitudinal equity of brands 2 Perception of brands on functional and emotional benefits (present status) 3 Performance of brands on choice drivers Identify brand choice drivers On what 5 choice drivers should I focus for my brands Censydiam for Automotive Provide clients actionable insights to brand growth 21 PRODUCT BRAND PORTFOLIO GROWTH MANAGEMENT Integrated qualitative & quantitative research amongst target segment; sample size N=800 or above 1. What are consumes deeper motivations for choosing certain cars brands? 2. How strong is my range of models in each of these motivations? 3. How can I make optimal use of my range of models to cover as much motivations as possible? How do I avoid cannibalisation in my model portfolio? 4. Which white space exists within my product portfolio? Censydiam for Automotive 22 Storyline 1 How can I create brand growth? 2 Segment consumers based on category motivations Understand motivations for category usage 3 4 How to avoid cannibalization 5 How do my models position vs motivations/ segments Which white spaces do exist in my portfolio Censydiam for Automotive Provide Clients actionable insights to brand growth 23 PRODUCT TESTING 1. 2. What motivations is the new concept addressing? What impact will concept have on Attitudinal Equity? Add-on to Innoquest research; N=200 observations Censydiam for Automotive 24 Storyline What motivations is my product concept addressing? 1 Score on key measures 2 ofPerception concept on 3 functional and emotional benefits What impact will concept have? 4 Comparison of concept perception with brand strategy Censydiam for Automotive Selecting onstrategy concepts for further development 25 ADVERTISING EVALUATION 1. 2. What motivations is the new advertisement addressing? What impact will concept have on Attitudinal Equity? Add-on to ASI research; N=200 observations Censydiam for Automotive 26 Storyline What motivations is my advertising execution addressing? 3 1 Score on key measures 2 What impact does advertising have on Attitudinal Equity 4 Which motivations is advertising addressing Comparison of perception with brand strategy Censydiam for Automotive Selecting onstrategy concepts for further development 27
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