consumer insights: finding and guarding the treasure trove infographic

1
Enhance Effectiveness of Marketing Campaign Refine Existing Products Consumer Insights Finding and Guarding the Treasure Trove Launch New Products Drive EBITDA growth Consumer Insights are paying off What are the Key Opportunity Areas? How to Make it Work – Lessons from Industry Leaders Breadth of Consumer Insights Front-Runners Cautious Adopters Slow-Starters Fast Followers Success in Realizing Benefits from Consumer Insights Leaders are few and far between Leaders outperform their peers on key areas Cautious Adopters Fast Followers Vs Vs Front-Runners Slow-Starters Enable large number of activities with consumer insights and also Greater success Enable a breadth of activities, but experience limited success achieve Leverage consumer insights in few activities and achieve much do not success Greater Success Companies that enable few activities, but experience Superior leadership support Better operating model Front- Runners 27% 69% Slow- Starters 48% 81% consumer insights is very strategic and is initiated and monitored at the very top level Vs Advanced use of data and analytics capabilities 41% 67% Users of consumer insights are given the support required to interpret and act upon them Vs Focus on improvement in decision-making 45% 73% Recognize need to expand insights-driven decisions into more business units Take insights-driven decisions across business units Vs Availability of the right data and associated skills 36% 9% Non-availability of required skills hampers ability to generate insights Consumer Goods Companies are not Taking have experienced 90% 43% 51% 54% security practices do not comply fully with industry regulations give customers control over data collected framed clear non-negotiable policies on customer data security and privacy total maximum theoretical liability of consumer goods industry if GDPR regulations were to be implemented today Putting Consumer Insights to Work Build the Right Governance Structures Develop Data Analytics Skills Take a Step-wise Approach to Deploying Consumer Insights Teams Establish a Chief Privacy Officer customer data security breaches $323 Bn Front- Runners Slow- Starters Front- Runners Slow- Starters Front- Runners Slow- Starters Front- Runners Slow- Starters Reach out: Interested in reading the full report? Head to http://https://www.capgemini-consulting.com/consumer-insights-for-cp Slideshare: http://www.slideshare.net/capgemini/consumer-insights-for-cp Follow us on: Twitter @capgeminiconsul or email [email protected] Privacy and Security Seriously Enough New Product Development Brand Strategy Customer Retention Customer Experience Forecasting Content Creation Trade Spend Optimization Fleet Optimization Channel Management Brand Pricing Demand Sensing Category Strategy Smarter Product Distribution & Supplier Performance Management Inventory Planning and Replenishment S & OP Customer Acquisition Salesforce Management Category Management Network Optimization Understanding Marketing Payback/ROI Assortment Breadth Campaign Design and Execution Customer engagement Success Realized from Consumer Insights Marketing Activities Sales Activities Supply Chain Activities Cross-Selling and Up-Selling Level of Enablement of Activities by Consumer Insights

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Page 1: Consumer insights: Finding and Guarding the Treasure Trove Infographic

Enhance Effectivenessof Marketing Campaign

RefineExisting Products

Consumer InsightsFinding and Guarding the Treasure Trove

LaunchNew Products

DriveEBITDA growth

Consumer Insights are paying off

What are the Key Opportunity Areas?

How to Make it Work – Lessons from Industry Leaders

Brea

dth

of C

onsu

mer

Insi

ghts

Front-Runners

Cautious AdoptersSlow-Starters

Fast Followers

Success in Realizing Benefits from Consumer Insights

Leaders are few and far between

Leaders outperform their peers on key areas

Cautious Adopters

Fast Followers

Vs

Vs

Front-Runners

Slow-Starters

Enable large number ofactivities with consumer insights and alsoGreater success

Enable a breadth of activities, but experiencelimited successachieve

Leverage consumer insights in few activities and achieve much

do not

successGreater Success

Companies that enable few activities, but experience

Superior leadership support

Better operating model

Front-Runners 27%69% Slow-

Starters

48%81%

consumer insights is very strategic and is initiated and monitored at the very top level

VsAdvanced use of data and analytics capabilities

41%67%

Users of consumer insights are given the support required to interpret and act upon them

VsFocus on improvement in decision-making

45%73%Recognize need to expand insights-driven decisions into more business units

Take insights-driven decisions across business units

VsAvailability of the right data and associated skills

36%9%Non-availability of required skills hampers ability to generate insights

Consumer Goods Companies are not Taking

have experienced

90% 43% 51% 54%

security practices donot comply fully withindustry regulations

give customers controlover data collected

framed clear non-negotiable

policies on customer data security

and privacy

total maximum theoretical liability of consumer goods industry if GDPR regulations were to be implemented today

Putting Consumer Insights to Work

Build the Right Governance Structures

Develop Data Analytics Skills

Take a Step-wiseApproach to Deploying Consumer Insights Teams

Establish a Chief Privacy Officer

customer data security breaches

$323Bn

Front-Runners

Slow-Starters

Front-Runners

Slow-Starters

Front-Runners

Slow-Starters

Front-Runners

Slow-Starters

Reach out: Interested in reading the full report?

Head to http://https://www.capgemini-consulting.com/consumer-insights-for-cp

Slideshare: http://www.slideshare.net/capgemini/consumer-insights-for-cp

Follow us on: Twitter @capgeminiconsul or email [email protected]

Privacy and Security Seriously Enough

New Product Development

Brand Strategy

Customer Retention

Customer Experience

Forecasting

Content Creation

Trade Spend

Optimization Fleet Optimization

Channel Management

Brand Pricing

Demand Sensing

Category

Strategy

Smarter Product Distribution & Supplier PerformanceManagement

Inventory Planningand Replenishment

S & OP

Customer Acquisition

SalesforceManagement

Category Management

Network Optimization

Understanding MarketingPayback/ROI

Assortment BreadthCampaign Design

and Execution

Customer engagement

Success Realized from Consumer Insights

Marketing Activities Sales Activities Supply Chain Activities

Cross-Selling and

Up-Selling

Leve

l of E

nabl

emen

t of A

ctiv

ities

by

Cons

umer

Insi

ghts