Embracing AI in Consumer Insights
AI has become ubiquitous in the realm of consumer insights, revolutionizing how businesses test and iterate ideas. The principle of "Fail Fast and Early" was highlighted, emphasizing the importance of using AI to swiftly gather feedback and foster innovation. Efficient idea management systems are crucial to avoid redundant testing and streamline processes, as demonstrated by Blackswan and Pepsi's pilot.
AI is not just a tool for businesses; it’s a bridge to consumers. Technologies are being utilized to better understand and engage with audiences. For instance, Coty and Getwhy showcased how they leverage AI to forge closer connections with consumers, providing deeper insights into consumer behavior and preferences.
AI’s Impact on Qualitative Research
Microsoft provided a compelling look at how AI can connect the dots and uncover themes in real-time during qualitative sessions. Coca-Cola highlighted AI’s role in accelerating new product innovation, while Gallo used AI as a moderator in 1:1 interviews, tailoring content to the audience and enhancing the respondent experience.
In a panel moderated by Studio, several marketers discussed the latest qualitative techniques. The consensus was clear: the post-COVID world has cemented the role of digital qualitative research. While some nuances of in-person interactions may be lost, the ability to gain insights directly from a consumer's environment, such as their pantry or home, adds invaluable context.
GLADYS, Behaviorally’s revolutionary digital qualitative platform, achieves precisely that. Utilizing advanced AI technology, GLADYS effectively converts and integrates behavioral qualitative data from packaging designs into an interactive and captivating experience for respondents. Even more importantly, it equips brand marketers with immediate insights, producing pertinent key themes within moments after each session regardless of location.
Proactive Insights and Strategic Integration
Mondelez also illustrated how social listening can serve as an early indicator of emerging trends. A standout example was the rapid launch of Kraft Heinz's "Ketchup and Seemingly Ranch" following a viral post from Taylor Swift with the caption, “eating a piece of chicken with ketchup and seemingly ranch dressing”. This case demonstrated the potential of social listening to swiftly influence product development and marketing strategies.
Bridging the Gaps and Fostering Empathy
A recurring theme was the need to bridge the gaps between consumer and shopper insights. Haleon, Nestle, and Microsoft discussed the importance of understanding the natural and behavioral flow of consumers, rather than focusing on isolated segments or categories. This holistic approach leads to a more human-centric understanding of the market.
At the heart of consumer research lies empathy and problem-solving. Understanding the audience's needs and pain points, and addressing real problems with a holistic view using multiple data sources, was highlighted as a core strategy for truly understanding consumers.
Quirk's NYC 2024 provided a wealth of actionable insights into the transformative power of AI and technology in consumer research. By embracing AI, fostering proactive insights, leveraging social listening, and emphasizing empathy and strategic integration, businesses can drive significant growth and deepen their connection with consumers. The future of consumer insights is here, and it is both exciting and promising.
Contact us today to learn more about how our AI product stack can help you own the most valuable moment in marketing: the purchase transaction.
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