On February 6, Organizational Council members Shelley Yang (Director, Insights Activation at Ipsos Creative Excellence) and John Baro (Manager, Market Research & Insights at Spectrum Reach) shared a summary of their learnings from a set of 21 in-depth interviews (IDIs) conducted with ARF members to understand what insights and analytics departments should do to future-proof themselves. Then, a panel of senior researchers -- Helen Katz (EVP, Research at Publicis Media), Michelle Gibb (Vice President, Global Insights & Analytics at Mondelez International), and Jed Meyer (SVP, Media Solutions Leader of Kantar) -- and an industry observer, Simon Chadwick (Managing Partner at Cambiar LLC) joined Shelley to share their perspectives on the topic. Their conversation was moderated by Steven Millman, Global Head of Research & Data Science at Dynata. The presentations and panel touched on AI, outsourcing, skill sets, and mindsets.
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This study explores the potential of generative AI, specifically large language models (LLMs) and multimodal models (LMMs), to revolutionize generational study within consumer research. It examines how these advanced AI tools can enhance various stages of the research process, from idea generation to reporting.
This study explores the identification of nonlinear and time-varying effects in marketing mix models (MMM). It highlights the challenges of conflation in model selection and proposes a framework for simulating and estimating these effects using Gaussian processes. The study emphasizes the importance of accurately identifying the underlying response to optimize marketing spending.
The research provides insights into the complexities of marketing effectiveness and offers practical solutions for improving model accuracy. By addressing the issue of conflation, the study aims to enhance the decision-making process in marketing strategies.
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The authors describe a series of design experiments used to optimize Facebook targeting and retargeting to buyers of travel insurance. Using different creative for different micro-targets, the authors raised prospecting sales lift by four times and retargeting sales lift by 60%. Additional findings included that age did not determine click thru rate, but under thirty-five and over sixty-four rarely purchased.
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