We live in a world that’s full of data. And the amount of data is increasing. Author Anthony Tasgal believes it’s because we live in a system where we worship numbers strongly and above all else. Some of us are afraid to make decisions without data. People want facts. So they say. But data alone doesn’t give the whole picture. I use data, too, but for great storytelling in market research we need the customer to appear as the main character. That means we need to hear from them. Directly.
People can also be unpredictable and things change. If researchers really want to start understanding why people behave the way they do, we need to start looking at the people behind the data.
Choosing insight over information
In this data-heavy age, it’s easy to think that the world revolves around numbers. Numbers matter. But, it’s also about insight. And stakeholders sometimes don’t remember data. They remember stories.
Read next: How stories influence leaders
We should focus on unlocking insights and understanding what drives behavior. Be in the business of constructing and delivering meaning. Not just data points. Deliver insights.
Nothing beats truth, especially when it comes from a genuine person. It is an in-depth insight that allows researchers to unlock and share powerful customer stories that have real impact.
The importance of storytelling in market research
Tasgal writes that if numbers numb us, then stories stir us. They translate information into emotion – and it is that reason why storytelling in market research makes your findings and conclusions more impactful and memorable. It’s all about finding the people behind your data and unlocking the story behind your statistics to engage and excite your executives and shake up your stakeholders.
Stories are patterns with meaning that the brain is hardwired to respond to. In fact, neurochemically there is evidence that stories make us care, create empathy and build trust by producing oxytocin.
Unfortunately, today some researchers are data rich but insight poor. It’s the story that trumps information by turning information into emotion to create empathy. Empathy is the single biggest thing that can drive decisions. That means that in order to unlock real meaning, we need to start telling stories – and fast.
Why is there a disconnect?
Let’s talk about the influence on big data a bit.
“When I talk with executives, they often don’t leave the office or talk with customers,” said Graham Kenny, a speaker, consultant, strategy expert and regular Harvard Business Review contributor. He joined us on an episode of “Reel Talk: The Customer Insights Show.” “That alerted me to the need of executives needing to get out of the office and talk to customers. There’s an absence of that in most organizations.”
Much of the decisions are based on insights gleaned off big data in these cases. How customers interact with a brand, where they buy and other relationship points that can be collected by data without having to speak with people.
“I can understand that it’s hard for time-starved executives,” said Jenn Vogel, vice president of marketing at Voxpopme and host of “Reel Talk.” “I don’t have enough time either for all the things I need to get done. But how can we run successful businesses if we never hear from the actual customers? I think it’s impossible.”
If executives can’t get out of the office, at least they can hear from their customers through video surveys.
In many companies, Graham said, the executives get isolated away from the customer experience. On the other hand, he’s seen a push toward big data.
Can one work without the other and how successfully would that be? Let’s discuss that topic a bit more here. Fittingly, we are starting with a lake. Dive right in.
The data lake
All the data goes into a “data lake” and you can then fish out what you want and when you need it, Graham said. Certainly, analyzing user behavior can help us understand some things about our customers. Let’s take the example of banking. Tellers can see your information when they talk to you and get instant recommendations on potential upsell opportunities.
What comes up in front of that teller is a profile of the customer that can include:
- Potential interests based on previous behaviors
- Situational-based recommendations – like what other similar customer have bought in similar circumstances
- Interests based on demographics, time of the year, etc.
It’s really no different from what Amazon does online. When I buy something new, Amazon immediately recommends something else that I might be interested in and want to buy right then. Judging by the amount of Amazon packages on my door step this seems to work. Given that the Prime truck seems to be driving up and down my street all day, my neighbors seem to agree as well! So big data can help us!
“Relying on big data only or the end-all, be-all is just going to be a disaster,” said, Graham, stressing that big data is one piece of the puzzle to understanding our customers.
Data needs to be centralized and analyzed correctly. Silos in different departments won’t help. Some data is precisely inaccurate, Graham said. Those data points hide biases. With that in mind, a lot of data companies have can also be wrong.
Strategy design and execution
To understand your customers start with a well-designed strategy, which is then followed by execution.
“Different people get involved and they have different challenges,” Graham said. “Big data is very helpful in the execution phase.”
Execution – everyone has to be involved. All the way from the CEO to the people in creating the products and working directly with customers. That can also make it difficult. Many organizations struggle with ensuring everyone understands their important part in the execution.
Strategy design – doesn’t include everyone and should fall to the executives, Graham said. The insights team can help here as well.
The implementers shouldn’t create the strategy: They focus on the implementation, efficiencies and often look at it from that lens. Graham also mentioned that strategy off-sites with everyone involved don’t work. Many people in fact, say nothing has changed after those sessions.
A better solution to doing an isolated off-site strategy session, which could include a visit to customers to hear from them. Or to run a video survey research product and hear from customers what they have to say.
“Don’t do what you’ve been doing all these previous years,” Graham said. “Don’t do what most organizations do. That is look inwardly. And try to come up with an outside view.”
He calls that process “strategy discovery.”
“Strategy discovery alone implies that you are looking elsewhere,” said Jenn. “That’s where the role of talking to customers is so crucial.”
And the voice of the customer matters
When teams bring the Voice of the Customer to their daily tasks and decision making a better customer experience can happen. But VoC programs don’t happen overnight. They take time and effort and a deliberate strategy. Storytelling in market research helps here as well.
What is the Voice of the Customer?
The Voice of the Customer refers to hearing from and implementing changes that are being shared by your customers.
That can be easier said than done. You want to listen to them, understand them and of course make sure they know that their feedback mattered. Many companies have started VoC programs and that’s a great start. But to make it truly work customers need to be heard and that’s often done through storytelling in market research as part of your overall process.
Using video for storytelling in market research
Agile video market research can help companies get to the bottom of what drives customer decisions. It’s the single most powerful way to deliver real human feedback, giving researchers unbeatable access to how customers truly feel about different brands, products, and services. Using video to uncover real human stories means you can give context to your data, get closer to what people think and make informed customer-centric decisions.
A typical, consumer-recorded video response is 6-8 times longer than a response to a text-based open-end. That means that in just a few clicks, video enables you to see what your customers truly think, feel and do by revealing real consumer responses. It goes beyond the information and data provided by scores and scales and unveils the true voice of the customer, unlocking real insights and telling the story behind the scores. The result? Multi-dimensional layers of insight and true customer stories that just aren’t achievable with scores and statistics alone.
Who has used video surveys well? These companies!
Video cuts through the noise to obtain raw, unfiltered context. You can better understand your customers’ true feelings and build a deeper understanding of your consumers across your entire organization. Not only that, but it also increases customer closeness by allowing you to add depth, emotion, and authenticity to your data. That means instead of sharing yet more statistics with your stakeholders, you can humanize and add context to your data and deliver impactful, convincing and memorable stories that drive change.
How to leverage storytelling in market research
1. Bring your research to life
You can collect videos from consumers by adding open-ended video questions to your surveys. Elisabeth Trawinski, an insights pro at Reckitt, mentioned how showing videos to stakeholders can have more impact than PowerPoint.
2. See real people’s responses
Video feedback can help you see and understand genuine customer interactions. That helps you get to the bottom of what customers really think. People share their thoughts in their own words and in their own environment.
People – including stakeholders – relate to stories from customers. And the best way for those stories to be memorable is by hearing them directly from customers.
3. Tell the story behind your results
You can collect videos during or even after your research to boost the impact of your results. By supplementing your quant study with scalable video feedback you can add real weight to your research, find the golden thread and make everyone in your organization sit up and take notice by sharing impactful stories that drive change.
4. Find the insights you’re looking for
Once uploaded, videos can be searched by keyword or filtered by additional data such as age, gender or other customer tags so you can easily find the insights you need to tell customer stories. Additionally, because all videos are theme and sentiment coded you can easily discover what your customers are thinking and why – so in just a couple of clicks you can bring a topic to life and tell the story behind your scores.
“I think what you are doing as an organization is quite interesting,” Graham said referring to the Voxpopme online survey platform, which:
- Allows brands to ask questions to consumers and customers through an online platform.
- People can then answer the questions directly on video with their smartphones – on their own time.
- Responses are transcribed and analyzed for sentiment and key topics.
- Highlight reels can share the most impactful responses quickly and concisely. That works especially well for those busy executives.
“I think that’s a good approach,” Graham said. “We are getting people talking about their experiences.”
Hearing from customers directly is the only way to understand how the product or service works for them.
“That’s emotion and you can’t get that from a written document,” he said.
Challenges talking to customers
Graham said a lot of people agree hat they should talk to customers.
“But people say ‘we don’t know how do to that,'” he said. It’s really about these prioritization steps:
- Allocate the time
- Understand what questions need to be asked. Brenna Ivey discussed the topic in this article.
- Picking the right technology. This article shares how to assess technology.
At the end of the day, the answer is probably a mix of using big data and talking to your customers so you can understand them and build even better relationships.
Also keep in mind that sometimes you want to consider behavioral economics. What are people doing in the real world with your product and why? One you can observe, the other needs a follow-up question.
“Somebody says ‘well, we are doing the survey anyway. Let’s just ask these 25 other questions,'” Melina said. “‘We are sending the direct mailer. We might as well put all this other stuff on there.’ That just doesn’t work very well with the brain.”
Have a single goal you are trying to figure out.
“What’s the most important one and how can you put all your eggs in that basket?” Melina said.
Understanding your customer health
Watch this “Reel Talk” episode with Voxpopme Senior Vice President Braden Johnstone to learn even more about customer health.