SlideShare a Scribd company logo
1 of 40
PANEL COMMUNITIES:
WHAT YOU NEED TO KNOW
1 OF 5 // PANEL COMMUNITY “HOW TO” SERIES
PANEL COMMUNITY “HOW TO” SERIES                           2

A 5-PART EDUCATIONAL PROGRAM

I.   THE PAYOFFS OF PANEL COMMUNITIES: WHAT YOU NEED TO KNOW

II. GET STARTED: 5 STEPS TO BUILDING A CUSTOM PANEL

III. ENGAGE: KEEP YOUR PANEL COMMUNITY ACTIVE

IV. INNOVATE: PANEL COMMUNITIES IN THE SOCIAL MEDIA AGE

V. OPTIMIZE: AUTOMATE AND INTEGRATE YOUR PANEL FOR GREATEST
   EFFICIENCIES AND IMPACT
AGENDA                              3




1. Introduction to Globalpark
2. What is a panel community?
3. Strategies and keys to success
4. The Payoff! (Examples)
5. Summary
GLOBALPARK: WHAT WE DO                                   4

ONLINESOFTWARE FOR ENTERPRISE-WIDE FEEDBACK MANAGEMENT


Gain insights from the
people that matter most:                 HUMAN
                                       RESOURCES

  Consumers
  Employees
  Partners
                            PUBLIC
  …more!                   RELATIONS



                                            MARKETING
                                            RESEARCH
GLOBALPARK: WHAT WE DO                                              5

ONLINESOFTWARE TO ENGAGE, LISTEN TO & ACT ON {CUSTOMER} FEEDBACK



         • Build a feedback platform
         • Panel and/or community
Engage


         • Analyze responses to questions, surveys (quantitative)
         • Observe self-led discussions, actions (qualitative)
Listen


         • 1:1, for more effective individual interactions
         • 1:many, for improved product/service/strategy
 Act
GLOBALPARK: CLIENTS AND RESULTS                                 6

BROADCASTING THE VOICE OF THE CUSTOMER INTO EVERYDAY BUSINESS




         PRODUCT     CUSTOMER     CAMPAIGN      MARKETING
        INNOVATION    LOYALTY   EFFECTIVENESS     REACH
AGENDA                              7




1. Introduction to Globalpark
2. What is a panel community?
3. Strategies and keys to success
4. The Payoff! (Examples)
5. Q&A
PANEL COMMUNITIES:                         8

A DIRECT CHANNEL TO YOUR CUSTOMERS




            Get on-demand insights to...
ACTIONABLE INSIGHTS ARE KEY                  9

FOR MARKET SUCCESS


        Drive product innovation


        Increase customer loyalty
                                         Market

        Improve campaign effectiveness


        Extend marketing reach
10




               product innovation

Insights for   customer loyalty
                                        Market
               campaign effectiveness

               marketing reach
A PANEL COMMUNITY IS BASED ON              11

RECIPROCITY




                Get insights on-demand

                      Involvement:
           • insider access
                       Involvement
           • Incentives (points, prizes)
           • Impact
PANEL COMMUNITY IN ACTION:                            12

ENGAGE. LISTEN. ACT!.


                           product innovation

          Insights         customer loyalty
                                                  Market
          Involvement      campaign effectivity

                           marketing reach


ENGAGE.          LISTEN.      ACT!
13




2. HOW DOES A PANEL COMMUNITY WORK?
HOW A PANEL COMMUNITY WORKS                                   14




              Globalpark Panel Community

    Your        What they   What they talk   Where all that
 customers.      think.       about.          happens.
PANEL MGMT                                                           15




                   Globalpark Panel Community

                       What they   What they talk   Where all that
     Panel              think.       about.          happens.
   Management
for 200 to 2 million members:
recruiting, grouping, sampling,
incentivization, panel quality
POST PANEL                                                    16




              Globalpark Panel Community

   Panel        What they   What they talk   Where all that
 Management      think.       about.          happens.
SURVEY                                                      17




              Globalpark Panel Community

   Panel     Surveys & What they talk      Where all that
 Management               about.            happens.
         “asking questions”
         Get feedback through state-of-
         the-art online and mobile
         questionnaires, surveytainment
POST SURVEY                                                   18




              Globalpark Panel Community

   Panel                    What they talk   Where all that
 Management      Survey       about.          happens.
COMMUNITY                                                         19




              Globalpark Panel Community

   Panel                                         Where all that
 Management      Survey   Community             & happens.
                          “observation”
                       Moderated or self-led chats,
                       forums; blogs, ratings, search;
                       social networking integration
POST COMMUNITY                                              20




              Globalpark Panel Community

   Panel                                   Where all that
 Management      Survey      Community      happens.
WEBSITE                                                        21




              Globalpark Panel Community

   Panel                     Community       Where it all
 Management      Survey        oolbox        happens.
                                       Website

                               The primary place to interact
                               with your customers, and
                               where they meet each other
THE FOUR PARTS OF A PANEL COMMUNITY,                 22

TECHNICALLY SPEAKING.



              Globalpark Panel Community

   Panel
 Management      Survey      Community     Website
PANEL COMMUNITY BENEFITS   23




 Rapid turnaround
 Low cost
 Longitudinal insights
 Consumer empowerment
 Reliable results
AGENDA                              24




1. Introduction to Globalpark
2. What is a panel community?
3. Strategies and keys to success
4. The Payoff! (Examples)
5. Summary
IT TAKES A RESEACHER…                                                       25




 To be successful, panel communities require care & feeding
      More panels die of neglect than overuse
      Panelists need to be kept engaged & involved
      Companies that enable feedback across multiple departments see
      exponential increases in value
      Don’t go it alone! MR agencies have all the skills necessary to add
      value to your proprietary panel
ARE YOU READY FOR A PANEL COMMUNITY?                 26




Important Questions to Ask Yourself

  Does the demand exist for more customer insight?
  Do the touch-points exist to recruit members?
  Do you have the required skills in-house, or
  do you need outside assistance?
     Survey design & data analysis
     Operational assistance
     Community management
KEYS TO SUCCESS   27




 Planning
 Infrastructure
 Support
 Encouragement
NEXT STEPS* IMPLEMENTAION                                               28




Q:                               A:
How does one go about building   Consider the deployment options
an advisory community?           and how they match with your skills,
                                 resources, budgets and timing

                                       Full service
                                       Self service
                                       Collaborative




 *HINT: VIEW OUR PANEL COMMUNITY “HOW TO” SERIES!
AGENDA                              29




1. Introduction to Globalpark
2. What is a panel community?
3. Strategies and keys to success
4. The Payoff! (Examples)
5. Summary
GENERAL MILLS DOES MORE WITH LESS                       30

CASE STUDY


Goals

  Test new product concepts among key targets
     Household composition
     Where they shop
     What they buy
  Invite panelists within the Minneapolis market area
  for sensory testing at their test kitchens
GENERAL MILLS DOES MORE WITH LESS                     31

CASE STUDY


Solution

  General Mills deployed a number of advisory
  communities to conduct qualitative & quantitative
  research
  Respondents recruited via multiple methods
  Segmentation and profiling enables targeting
  according to household composition, the types
  of products bought and where they shop
GENERAL MILLS DOES MORE WITH LESS                     32

CASE STUDY


Results

  At-the-ready respondents scale research
  efforts while keeping costs down
  Project volumes have increased to 1,500+ per year
  Per project costs have been reduced to <$2,500
ESPRIT DRIVES REVENUE                                                              33

CASE STUDY


Goals
                                            Esprit At-A-Glance
  Amplify the voice of the customer                 • Founded in 1968
  across the entire business               •Sold in 5 continents, 40+ countries
                                                • 640 freestanding stores
  Create market-driven products/offers     • Over 12,000 wholesale customers
                                         • 20,000+ products designed each year
  Be able to quickly impact sales        • 12 product lines for women, men, kids
ESPRIT DRIVES REVENUE                      34

CASE STUDY


Solution

  1.5 million member panel community
  Recruitment with valued customer club,
  newsletters and raffles
  Systematic product testing
  Coupon incentive management
ESPRIT DRIVES REVENUE                                                          35

CASE STUDY


Results

  Increased revenue attributed to market-
  driven product development, marketing       Decreased
  campaign testing                              Costs
  More efficient tracking and management                  Engaged Increased
  of customer communications                              Customers Revenues

  On-demand lever to control sales activity
  via coupon system
  Engaged customers
AGENDA                              36




1. Introduction to Globalpark
2. What is a panel community?
3. Strategies and keys to success
4. The Payoff! (Examples)
5. Summary
THE PAYOFFS OF PANEL COMMUNITIES                                 37




                             Private online communities engage
                             {customers, employees, partners}
                             and capture actionable insights
                             that drive business improvement




     INNOVATION   LOYALTY   REVENUE        REACH
PANEL COMMUNITY “HOW TO” SERIES                           38

A 5-PART EDUCATIONAL PROGRAM

I.   THE PAYOFFS OF PANEL COMMUNITIES: WHAT YOU NEED TO KNOW

II. GET STARTED: 5 STEPS TO BUILDING A CUSTOM PANEL

III. ENGAGE: KEEP YOUR PANEL COMMUNITY ACTIVE

IV. INNOVATE: PANEL COMMUNITIES IN THE SOCIAL MEDIA AGE

V. OPTIMIZE: AUTOMATE AND INTEGRATE YOUR PANEL FOR GREATEST
   EFFICIENCIES AND IMPACT
ABOUT US    Globalpark providespanel, community and surveysoftwarethatenablesorganizations to manage
            whatmattersacrosstheenterprise. Bycapturingfeedback and trackingbehavior of customers, employees
            and partners, theygaininsightsthatdrivebetterbusinessdecisions. Byidentifying and
            empoweringinfluentialadvocates, theybuildreputation and extendreach.
            Founded in 1999, Globalpark softwareisGerman-engineered and globally-testedbyleadingbrands and
            topmarketresearchinstitutes, including: Continental, Daimler, General Mills, GfK, IDC, Nintendo,
            SonyBMG, TNS, Warner Music and Wrigley. Globalpark isstaffedbyrenownedresearchpioneers,
            withofficesacrossthe US, UK, Germany and Austria.

            Globalpark AG                   Globalpark Inc.
LOCATIONS   Kalscheurener Str. 19a          299 Broadway, 19th Floor
            50354 Cologne/Huerth            New York, NY 10007
            Germany(Headquarters)           United States of America
            Tel.: +49 2233 7933 6           Tel.: +1 888 299 9422

            info@globalpark.de              info@globalpark.com
            www.globalpark.de               www.globalpark.com
            twitter/Globalpark              twitter/Globalpark_News

            Globalpark UK Ltd.              GlobalparkOesterreichGmbH
            5 Archie Street                 Wassergasse 25
            London SE1 3JT                  1030 Vienna
            Great Britain                   Austria
            Tel.: +44 207 403 3900          Tel.: +43 1715 0289 11

            info@globalpark.co.uk           info@globalpark.at
            www.globalpark.co.uk            www.globalpark.at
© 2010 – Globalpark AG, Globalpark UK Ltd., Globalpark Inc., Globalpark Oesterreich GmbH

The information contained in this publication is the property of Globalpark AG and its subsidiaries. Passing on and
reproduction of this publication or any parts of it is only permitted with the express written approval of Globalpark
AG or its subsidiaries.

This publication is issued without any guarantee whatsoever. Information contained herein can be changed
without prior notification. In addition Globalpark accepts no guarantee as to the exactness or completeness of the
information, text, graphics, links and other items in this publication. This publication is a preliminary version, which
is not subject to any valid licence agreement or other agreements with Globalpark.

The software products offered by Globalpark AG, its subsidiaries and/or its distributors may contain software
components of other software manufacturers. All products may show country-specific differences.

Globalpark, Enterprise Feedback Suite, EFS, EFS Survey, EFS Panel, EFS Employee and EFS Leadership, other
Globalpark products and services mentioned in the text and their corresponding logos are trademarks and can be
registered trademarks of Globalpark AG and/or its subsidiaries in Germany and other countries worldwide. All
other names of products and services are trademarks of their respective companies.

More Related Content

Similar to The Payoffs of Proprietary Panels: What You Need to Know

Presentation: Unconventional Recruitment
Presentation: Unconventional RecruitmentPresentation: Unconventional Recruitment
Presentation: Unconventional Recruitmentvcuniversity
 
Implementing Marketing Analytics Business Practices
Implementing Marketing Analytics Business PracticesImplementing Marketing Analytics Business Practices
Implementing Marketing Analytics Business PracticesSenturus
 
Old Product, New Tricks: Encouraging Innovation in an Established Product Cul...
Old Product, New Tricks: Encouraging Innovation in an Established Product Cul...Old Product, New Tricks: Encouraging Innovation in an Established Product Cul...
Old Product, New Tricks: Encouraging Innovation in an Established Product Cul...Aggregage
 
Social media marketing strategy
Social media marketing strategySocial media marketing strategy
Social media marketing strategyDave Chaffey
 
Embracing & Sustaining Your Community Ecosystem
Embracing & Sustaining Your Community EcosystemEmbracing & Sustaining Your Community Ecosystem
Embracing & Sustaining Your Community EcosystemDell Social Media
 
E brand ocb introduction_1611
E brand ocb introduction_1611E brand ocb introduction_1611
E brand ocb introduction_1611TraceMobi Vietnam
 
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...Hannah Flynn
 
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...Aggregage
 
Ideation Preso Final (Eccix + Results)
Ideation Preso Final (Eccix + Results)Ideation Preso Final (Eccix + Results)
Ideation Preso Final (Eccix + Results)Daniel P. Phillips
 
Online Community Playbook
Online Community PlaybookOnline Community Playbook
Online Community PlaybookDemand Metric
 
How to Apply Social Technologies to Product Innovation
How to Apply Social Technologies to Product InnovationHow to Apply Social Technologies to Product Innovation
How to Apply Social Technologies to Product InnovationJeanne Bradford
 
Customer Collaboration & Product Innovation Using Social Networks
Customer Collaboration & Product Innovation Using Social NetworksCustomer Collaboration & Product Innovation Using Social Networks
Customer Collaboration & Product Innovation Using Social NetworksJohn Carter
 
How to Build a Startup
How to Build a StartupHow to Build a Startup
How to Build a StartupRaomal Perera
 
Collaborative Conversations: Using social media in product management
Collaborative Conversations: Using social media in product managementCollaborative Conversations: Using social media in product management
Collaborative Conversations: Using social media in product managementBrainmates Pty Limited
 
Cio presentation aug 2012
Cio presentation aug 2012 Cio presentation aug 2012
Cio presentation aug 2012 Jim Sutter
 
CIO Presentation Aug 2012
CIO Presentation Aug 2012 CIO Presentation Aug 2012
CIO Presentation Aug 2012 Jim Sutter
 
CIO presentation aug 2012
CIO presentation aug 2012 CIO presentation aug 2012
CIO presentation aug 2012 James Sutter
 
Iain Gray Presentation Innovate Carolina 2012
Iain Gray Presentation Innovate Carolina 2012Iain Gray Presentation Innovate Carolina 2012
Iain Gray Presentation Innovate Carolina 2012pdmacarolinas
 

Similar to The Payoffs of Proprietary Panels: What You Need to Know (20)

Presentation: Unconventional Recruitment
Presentation: Unconventional RecruitmentPresentation: Unconventional Recruitment
Presentation: Unconventional Recruitment
 
Implementing Marketing Analytics Business Practices
Implementing Marketing Analytics Business PracticesImplementing Marketing Analytics Business Practices
Implementing Marketing Analytics Business Practices
 
Old Product, New Tricks: Encouraging Innovation in an Established Product Cul...
Old Product, New Tricks: Encouraging Innovation in an Established Product Cul...Old Product, New Tricks: Encouraging Innovation in an Established Product Cul...
Old Product, New Tricks: Encouraging Innovation in an Established Product Cul...
 
Social media marketing strategy
Social media marketing strategySocial media marketing strategy
Social media marketing strategy
 
Embracing & Sustaining Your Community Ecosystem
Embracing & Sustaining Your Community EcosystemEmbracing & Sustaining Your Community Ecosystem
Embracing & Sustaining Your Community Ecosystem
 
E brand ocb introduction_1611
E brand ocb introduction_1611E brand ocb introduction_1611
E brand ocb introduction_1611
 
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
 
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
Old Products, New Tricks: Add Value with a Dashboard Refresh: What You Need t...
 
Ideation Preso Final (Eccix + Results)
Ideation Preso Final (Eccix + Results)Ideation Preso Final (Eccix + Results)
Ideation Preso Final (Eccix + Results)
 
Online Community Playbook
Online Community PlaybookOnline Community Playbook
Online Community Playbook
 
Banking innovation
Banking innovation Banking innovation
Banking innovation
 
How to Apply Social Technologies to Product Innovation
How to Apply Social Technologies to Product InnovationHow to Apply Social Technologies to Product Innovation
How to Apply Social Technologies to Product Innovation
 
Customer Collaboration & Product Innovation Using Social Networks
Customer Collaboration & Product Innovation Using Social NetworksCustomer Collaboration & Product Innovation Using Social Networks
Customer Collaboration & Product Innovation Using Social Networks
 
How to Build a Startup
How to Build a StartupHow to Build a Startup
How to Build a Startup
 
Connected Research
Connected ResearchConnected Research
Connected Research
 
Collaborative Conversations: Using social media in product management
Collaborative Conversations: Using social media in product managementCollaborative Conversations: Using social media in product management
Collaborative Conversations: Using social media in product management
 
Cio presentation aug 2012
Cio presentation aug 2012 Cio presentation aug 2012
Cio presentation aug 2012
 
CIO Presentation Aug 2012
CIO Presentation Aug 2012 CIO Presentation Aug 2012
CIO Presentation Aug 2012
 
CIO presentation aug 2012
CIO presentation aug 2012 CIO presentation aug 2012
CIO presentation aug 2012
 
Iain Gray Presentation Innovate Carolina 2012
Iain Gray Presentation Innovate Carolina 2012Iain Gray Presentation Innovate Carolina 2012
Iain Gray Presentation Innovate Carolina 2012
 

More from GLOBALPARK

Optimize: Pt V of Panel Communities How-To Series
Optimize: Pt V of Panel Communities How-To SeriesOptimize: Pt V of Panel Communities How-To Series
Optimize: Pt V of Panel Communities How-To SeriesGLOBALPARK
 
Car Community Example
Car Community ExampleCar Community Example
Car Community ExampleGLOBALPARK
 
Get Started: Building Your Custom Panel in 5 Steps
Get Started:  Building Your Custom Panel in 5 StepsGet Started:  Building Your Custom Panel in 5 Steps
Get Started: Building Your Custom Panel in 5 StepsGLOBALPARK
 
Esomar Online Research Oct282009
Esomar Online Research Oct282009Esomar Online Research Oct282009
Esomar Online Research Oct282009GLOBALPARK
 
General Mills/Globalpark at IIR The Market Research Event
General Mills/Globalpark at IIR The Market Research Event General Mills/Globalpark at IIR The Market Research Event
General Mills/Globalpark at IIR The Market Research Event GLOBALPARK
 
EFS7.0Community
EFS7.0CommunityEFS7.0Community
EFS7.0CommunityGLOBALPARK
 
Globalpark Customer Success Briefs Summer09
Globalpark Customer Success Briefs Summer09Globalpark Customer Success Briefs Summer09
Globalpark Customer Success Briefs Summer09GLOBALPARK
 
Who we are, What we do - Globalpark
Who we are, What we do - GlobalparkWho we are, What we do - Globalpark
Who we are, What we do - GlobalparkGLOBALPARK
 

More from GLOBALPARK (8)

Optimize: Pt V of Panel Communities How-To Series
Optimize: Pt V of Panel Communities How-To SeriesOptimize: Pt V of Panel Communities How-To Series
Optimize: Pt V of Panel Communities How-To Series
 
Car Community Example
Car Community ExampleCar Community Example
Car Community Example
 
Get Started: Building Your Custom Panel in 5 Steps
Get Started:  Building Your Custom Panel in 5 StepsGet Started:  Building Your Custom Panel in 5 Steps
Get Started: Building Your Custom Panel in 5 Steps
 
Esomar Online Research Oct282009
Esomar Online Research Oct282009Esomar Online Research Oct282009
Esomar Online Research Oct282009
 
General Mills/Globalpark at IIR The Market Research Event
General Mills/Globalpark at IIR The Market Research Event General Mills/Globalpark at IIR The Market Research Event
General Mills/Globalpark at IIR The Market Research Event
 
EFS7.0Community
EFS7.0CommunityEFS7.0Community
EFS7.0Community
 
Globalpark Customer Success Briefs Summer09
Globalpark Customer Success Briefs Summer09Globalpark Customer Success Briefs Summer09
Globalpark Customer Success Briefs Summer09
 
Who we are, What we do - Globalpark
Who we are, What we do - GlobalparkWho we are, What we do - Globalpark
Who we are, What we do - Globalpark
 

Recently uploaded

How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...SOFTTECHHUB
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfDanny Diep To
 
EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersPeter Horsten
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxShruti Mittal
 
BAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptxBAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptxran17april2001
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxappkodes
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...Hector Del Castillo, CPM, CPMM
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckHajeJanKamps
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfJamesConcepcion7
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdfChris Skinner
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreNZSG
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsKnowledgeSeed
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...ssuserf63bd7
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 

Recently uploaded (20)

How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
 
EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exporters
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptx
 
BAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptxBAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptx
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptx
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deck
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdf
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource Centre
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors Data
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applications
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 

The Payoffs of Proprietary Panels: What You Need to Know

  • 1. PANEL COMMUNITIES: WHAT YOU NEED TO KNOW 1 OF 5 // PANEL COMMUNITY “HOW TO” SERIES
  • 2. PANEL COMMUNITY “HOW TO” SERIES 2 A 5-PART EDUCATIONAL PROGRAM I. THE PAYOFFS OF PANEL COMMUNITIES: WHAT YOU NEED TO KNOW II. GET STARTED: 5 STEPS TO BUILDING A CUSTOM PANEL III. ENGAGE: KEEP YOUR PANEL COMMUNITY ACTIVE IV. INNOVATE: PANEL COMMUNITIES IN THE SOCIAL MEDIA AGE V. OPTIMIZE: AUTOMATE AND INTEGRATE YOUR PANEL FOR GREATEST EFFICIENCIES AND IMPACT
  • 3. AGENDA 3 1. Introduction to Globalpark 2. What is a panel community? 3. Strategies and keys to success 4. The Payoff! (Examples) 5. Summary
  • 4. GLOBALPARK: WHAT WE DO 4 ONLINESOFTWARE FOR ENTERPRISE-WIDE FEEDBACK MANAGEMENT Gain insights from the people that matter most: HUMAN RESOURCES Consumers Employees Partners PUBLIC …more! RELATIONS MARKETING RESEARCH
  • 5. GLOBALPARK: WHAT WE DO 5 ONLINESOFTWARE TO ENGAGE, LISTEN TO & ACT ON {CUSTOMER} FEEDBACK • Build a feedback platform • Panel and/or community Engage • Analyze responses to questions, surveys (quantitative) • Observe self-led discussions, actions (qualitative) Listen • 1:1, for more effective individual interactions • 1:many, for improved product/service/strategy Act
  • 6. GLOBALPARK: CLIENTS AND RESULTS 6 BROADCASTING THE VOICE OF THE CUSTOMER INTO EVERYDAY BUSINESS PRODUCT CUSTOMER CAMPAIGN MARKETING INNOVATION LOYALTY EFFECTIVENESS REACH
  • 7. AGENDA 7 1. Introduction to Globalpark 2. What is a panel community? 3. Strategies and keys to success 4. The Payoff! (Examples) 5. Q&A
  • 8. PANEL COMMUNITIES: 8 A DIRECT CHANNEL TO YOUR CUSTOMERS Get on-demand insights to...
  • 9. ACTIONABLE INSIGHTS ARE KEY 9 FOR MARKET SUCCESS Drive product innovation Increase customer loyalty Market Improve campaign effectiveness Extend marketing reach
  • 10. 10 product innovation Insights for customer loyalty Market campaign effectiveness marketing reach
  • 11. A PANEL COMMUNITY IS BASED ON 11 RECIPROCITY Get insights on-demand Involvement: • insider access Involvement • Incentives (points, prizes) • Impact
  • 12. PANEL COMMUNITY IN ACTION: 12 ENGAGE. LISTEN. ACT!. product innovation Insights customer loyalty Market Involvement campaign effectivity marketing reach ENGAGE. LISTEN. ACT!
  • 13. 13 2. HOW DOES A PANEL COMMUNITY WORK?
  • 14. HOW A PANEL COMMUNITY WORKS 14 Globalpark Panel Community Your What they What they talk Where all that customers. think. about. happens.
  • 15. PANEL MGMT 15 Globalpark Panel Community What they What they talk Where all that Panel think. about. happens. Management for 200 to 2 million members: recruiting, grouping, sampling, incentivization, panel quality
  • 16. POST PANEL 16 Globalpark Panel Community Panel What they What they talk Where all that Management think. about. happens.
  • 17. SURVEY 17 Globalpark Panel Community Panel Surveys & What they talk Where all that Management about. happens. “asking questions” Get feedback through state-of- the-art online and mobile questionnaires, surveytainment
  • 18. POST SURVEY 18 Globalpark Panel Community Panel What they talk Where all that Management Survey about. happens.
  • 19. COMMUNITY 19 Globalpark Panel Community Panel Where all that Management Survey Community & happens. “observation” Moderated or self-led chats, forums; blogs, ratings, search; social networking integration
  • 20. POST COMMUNITY 20 Globalpark Panel Community Panel Where all that Management Survey Community happens.
  • 21. WEBSITE 21 Globalpark Panel Community Panel Community Where it all Management Survey oolbox happens. Website The primary place to interact with your customers, and where they meet each other
  • 22. THE FOUR PARTS OF A PANEL COMMUNITY, 22 TECHNICALLY SPEAKING. Globalpark Panel Community Panel Management Survey Community Website
  • 23. PANEL COMMUNITY BENEFITS 23 Rapid turnaround Low cost Longitudinal insights Consumer empowerment Reliable results
  • 24. AGENDA 24 1. Introduction to Globalpark 2. What is a panel community? 3. Strategies and keys to success 4. The Payoff! (Examples) 5. Summary
  • 25. IT TAKES A RESEACHER… 25 To be successful, panel communities require care & feeding More panels die of neglect than overuse Panelists need to be kept engaged & involved Companies that enable feedback across multiple departments see exponential increases in value Don’t go it alone! MR agencies have all the skills necessary to add value to your proprietary panel
  • 26. ARE YOU READY FOR A PANEL COMMUNITY? 26 Important Questions to Ask Yourself Does the demand exist for more customer insight? Do the touch-points exist to recruit members? Do you have the required skills in-house, or do you need outside assistance? Survey design & data analysis Operational assistance Community management
  • 27. KEYS TO SUCCESS 27 Planning Infrastructure Support Encouragement
  • 28. NEXT STEPS* IMPLEMENTAION 28 Q: A: How does one go about building Consider the deployment options an advisory community? and how they match with your skills, resources, budgets and timing Full service Self service Collaborative *HINT: VIEW OUR PANEL COMMUNITY “HOW TO” SERIES!
  • 29. AGENDA 29 1. Introduction to Globalpark 2. What is a panel community? 3. Strategies and keys to success 4. The Payoff! (Examples) 5. Summary
  • 30. GENERAL MILLS DOES MORE WITH LESS 30 CASE STUDY Goals Test new product concepts among key targets Household composition Where they shop What they buy Invite panelists within the Minneapolis market area for sensory testing at their test kitchens
  • 31. GENERAL MILLS DOES MORE WITH LESS 31 CASE STUDY Solution General Mills deployed a number of advisory communities to conduct qualitative & quantitative research Respondents recruited via multiple methods Segmentation and profiling enables targeting according to household composition, the types of products bought and where they shop
  • 32. GENERAL MILLS DOES MORE WITH LESS 32 CASE STUDY Results At-the-ready respondents scale research efforts while keeping costs down Project volumes have increased to 1,500+ per year Per project costs have been reduced to <$2,500
  • 33. ESPRIT DRIVES REVENUE 33 CASE STUDY Goals Esprit At-A-Glance Amplify the voice of the customer • Founded in 1968 across the entire business •Sold in 5 continents, 40+ countries • 640 freestanding stores Create market-driven products/offers • Over 12,000 wholesale customers • 20,000+ products designed each year Be able to quickly impact sales • 12 product lines for women, men, kids
  • 34. ESPRIT DRIVES REVENUE 34 CASE STUDY Solution 1.5 million member panel community Recruitment with valued customer club, newsletters and raffles Systematic product testing Coupon incentive management
  • 35. ESPRIT DRIVES REVENUE 35 CASE STUDY Results Increased revenue attributed to market- driven product development, marketing Decreased campaign testing Costs More efficient tracking and management Engaged Increased of customer communications Customers Revenues On-demand lever to control sales activity via coupon system Engaged customers
  • 36. AGENDA 36 1. Introduction to Globalpark 2. What is a panel community? 3. Strategies and keys to success 4. The Payoff! (Examples) 5. Summary
  • 37. THE PAYOFFS OF PANEL COMMUNITIES 37 Private online communities engage {customers, employees, partners} and capture actionable insights that drive business improvement INNOVATION LOYALTY REVENUE REACH
  • 38. PANEL COMMUNITY “HOW TO” SERIES 38 A 5-PART EDUCATIONAL PROGRAM I. THE PAYOFFS OF PANEL COMMUNITIES: WHAT YOU NEED TO KNOW II. GET STARTED: 5 STEPS TO BUILDING A CUSTOM PANEL III. ENGAGE: KEEP YOUR PANEL COMMUNITY ACTIVE IV. INNOVATE: PANEL COMMUNITIES IN THE SOCIAL MEDIA AGE V. OPTIMIZE: AUTOMATE AND INTEGRATE YOUR PANEL FOR GREATEST EFFICIENCIES AND IMPACT
  • 39. ABOUT US Globalpark providespanel, community and surveysoftwarethatenablesorganizations to manage whatmattersacrosstheenterprise. Bycapturingfeedback and trackingbehavior of customers, employees and partners, theygaininsightsthatdrivebetterbusinessdecisions. Byidentifying and empoweringinfluentialadvocates, theybuildreputation and extendreach. Founded in 1999, Globalpark softwareisGerman-engineered and globally-testedbyleadingbrands and topmarketresearchinstitutes, including: Continental, Daimler, General Mills, GfK, IDC, Nintendo, SonyBMG, TNS, Warner Music and Wrigley. Globalpark isstaffedbyrenownedresearchpioneers, withofficesacrossthe US, UK, Germany and Austria. Globalpark AG Globalpark Inc. LOCATIONS Kalscheurener Str. 19a 299 Broadway, 19th Floor 50354 Cologne/Huerth New York, NY 10007 Germany(Headquarters) United States of America Tel.: +49 2233 7933 6 Tel.: +1 888 299 9422 info@globalpark.de info@globalpark.com www.globalpark.de www.globalpark.com twitter/Globalpark twitter/Globalpark_News Globalpark UK Ltd. GlobalparkOesterreichGmbH 5 Archie Street Wassergasse 25 London SE1 3JT 1030 Vienna Great Britain Austria Tel.: +44 207 403 3900 Tel.: +43 1715 0289 11 info@globalpark.co.uk info@globalpark.at www.globalpark.co.uk www.globalpark.at
  • 40. © 2010 – Globalpark AG, Globalpark UK Ltd., Globalpark Inc., Globalpark Oesterreich GmbH The information contained in this publication is the property of Globalpark AG and its subsidiaries. Passing on and reproduction of this publication or any parts of it is only permitted with the express written approval of Globalpark AG or its subsidiaries. This publication is issued without any guarantee whatsoever. Information contained herein can be changed without prior notification. In addition Globalpark accepts no guarantee as to the exactness or completeness of the information, text, graphics, links and other items in this publication. This publication is a preliminary version, which is not subject to any valid licence agreement or other agreements with Globalpark. The software products offered by Globalpark AG, its subsidiaries and/or its distributors may contain software components of other software manufacturers. All products may show country-specific differences. Globalpark, Enterprise Feedback Suite, EFS, EFS Survey, EFS Panel, EFS Employee and EFS Leadership, other Globalpark products and services mentioned in the text and their corresponding logos are trademarks and can be registered trademarks of Globalpark AG and/or its subsidiaries in Germany and other countries worldwide. All other names of products and services are trademarks of their respective companies.