Five Billion Data Points Synthesized to One Implication: Storytelling is Better than Fact Delivery, Dah!!

Advertising must interpret a person’s media consumption and engage/convince them to change or reinforce the behavior – all in a few seconds. Storytelling principles have been used for years to help advertisers succeed and win in this competitive environment. There have been 10,000’s studies on advertising effectiveness and we hope this article will validate those findings and provide heuristics for the rest of us.

We started by exposing 1,410 consumers to 400+ ads and collected over five billion data points using a medical-grade EEG (electroencephalogram) system consisting of 32 sensors tracking neurological activity. These sensors collect data 500 times a second to capture activity across key regions of the brain as consumers were exposed to the advertisements.

Our findings were:

Validation (further evidence to what we already know)

• TVCs that used a storytelling approach had a 20% greater brand cut-through as compared to TVCs without a storytelling narrative.

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Bias in Marketing Research: How to Avoid and Minimize

Author’s Note: I’ve always been interested in biases. A poster of The Cognitive Bias Codex hangs in one of our home offices; and, I’ve bookmarked and often look at that interactive wiki to learn more. Just like I looked to two industry experts to learn more about bias in research for this article: Jeff Henning and Ray Poynter. Many thanks to you both for serving GreenBook as expert sources. We value your contribution to this piece, just as we value our readers.

Have you ever asked a question while assuming you already knew the answer? That’s a simple example of a bias. As humans, we inadvertently experience bias in every aspect of our lives. Our personal biases influence the lens through which we look at the world. And while some biases are innocuous, some are harmful; and, bias in market research can have a negative effect on the findings.

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When in Doubt, Bootstrap it Out!

We marketing researchers can create quite complex data systems that start to push the limits of formulas in stat textbooks to determine confidence intervals.

RIM weighting

Using RIM weighting (also called Raking and Iterative Proportional fitting) is the start. There is a formula for that that tells you the effective sample size you are working with for stat testing purposes which is always less that the nominal number of interviews (how much less depends on the variance in the weights across respondents).

Now layer in weighting top box purchase intent twice as heavily as second box. And let’s consider differences in differences in that index, such as test vs. control across two advertising treatments. Is the lift from one tactic significantly greater than the lift in another tactic, exposed minus unexposed? You are going beyond simple formulas at this point to determine if a difference you are seeing in the

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The Big-Idea Wheel of Fortune

You would imagine that a lot has changed since I commenced my career four decades ago. Not everything has. Creative agency practices have been remarkably resistant to change. Back then, most advertising was considered ineffective at changing the relative trajectory of the brand. That remains the case today.

At the core of this inefficient allocation of resources, is the intuition based ‘big idea’. I like to call it “The Big-Idea Wheel of Fortune” and the problem at play here resides squarely with the communications message – that is, “what to say”. Instead of being based on the scientifically derived drivers of behavior, the communications message has, and continues to be, based largely on best guesses and gut instinct.

Being “creative” should not be permission to be unaccountable. Accountability in marketing communications requires the discipline to align advertising performance with the commissioning organization’s objectives. If the client wishes to gain relative

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Interview with Monika Rogers, Co-Founder and CEO of Digsite, and Vivek Bhaskaran, CEO of QuestionPro

Recently we wrote about the implication of the QuestionPro and Digsite M&A deal, calling it a key signal in the next phase of the “Platformification of QualiQuant“. In this latest entry in the CEO series of interviews I dive deeper with Vivek Bhaskaran of QuestionPro and Monika Rogers of Digsite, exploring their thinking on what synergies will be unlocked by them joining forces, the challenges of integration, and the broader implications for the industry as the line between qual and quant blurs further driven by technology platforms.

This is a fun and insightful conversation that I am sure you will enjoy. Perhaps more importantly, it delivers a rare insider look into how technology leaders are assessing opportunities and making moves to create new models for research.

Transcript

This text has been edited for clarity.

Lenny Murphy: Hello, everybody. It’s Lenny Murphy here, with another in our interview series, separate from

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