COLGATE(PALMOLIVE( Lean(Customer(Insights( “Leveraging(Technology(in(our( Innova>on(Process”( ( Richard(Thorogood( VP,(Consumer(&(Market(Insights( Global(Oral(Care( Overview( • Introduc>on(to(Colgate(&(our(Innova>on( Process( • Using(Technology(Today(around(the(world( • Thinking(about(the(Future( Overview( • Introduc>on(to(Colgate(&(our(Innova>on( Process( • Using(Technology(Today(around(the(world( • Thinking(about(the(Future( Colgate(Palmolive( • $17B(consumer(Sales( • 200+(countries;(80%(sales(outside(USA( • 4(Core(Business(Areas( ORAL(CARE( Colgate( Plax( Elmex/Meridol( Sorriso( Tom’s(of(Maine( Laser((Myanmar)( PERSONAL(CARE( Palmolive( SoYSoap( Irish(Spring( Protex( Sanex( Speed(S>ck( HOME(CARE( Palmolive( Ajax( Axion( Sauvitel( Fabuloso( Murphy’s(Oil(Soap( Colgate(Palmolive( • $17B(consumer(Sales( • 200+(countries;(80%(sales(outside(USA( • 4(Core(Business(Areas( ORAL(CARE( Colgate( Plax( Elmex/Meridol( Sorriso( Tom’s(of(Maine( Laser((Mynamar)( PERSONAL(CARE( Palmolive( SoYSoap( Irish(Spring( Protex( Sanex( Speed(S>ck( HOME(CARE( Palmolive( Ajax( Axion( Sauvitel( Fabuloso( Murphy’s(Oil(Soap( PET(CARE( HILLS( Science(Diet( Prescrip>on(Diet( Ideal(Balance( Nature’s(Best( COLGATE:(World’s(Most(Used(Brand( %(Households(buying( 63( COLGATE( 44( Coca_Cola( 34( Dove( Lux( 32( Maggi( 31( Knorr( 30( Nestle( 29( Pantene( 28( Tide( 26( Pepsi( 26( Almost(2(in(3( Households(buy(the( Colgate(Brand(each( year( Kantar(Brand(Footprint(2014( Consumer(Innova>on(Centers( Moscow( Paris( Topeka( Mexico( Oral(Care( Personal(Care( Home(Care( Toothbrushes( Pet(Nutri>on( New(York( Basel( Rome( Istanbul( Mumbai( Guangzhou( Bangkok( Insight(Plays(Key(Role(in(Innova>on( • LEARNING( Observa>on( • REFINING( Qualita>ve( • VALIDATING( • MONITORING( Quan>ta>ve( Tracking( The(Insight(Tools(reflect(Colgate’s( Values( • ESTABLISHED( • PROVEN( • GLOBAL( • TRUSTED( Overview( • Introduc>on(to(Colgate(&(our(Innova>on( Process( • Using(Technology(Today(around(the(world( • Thinking(about(the(Future( The(Insight(Process(Challenges( • “IT’S(JUST(3(PEOPLE’s(OPINIONS”( • NOT(DEEP(ENOUGH( • OUT(of(CONTEXT( ( Note(about(examples( • No(endorsement(should(be(implied(by(the( examples(shared(today( • Purpose(is(merely(to(show(some(of(the(types( of(technology(we(are(applying(to(the( Innova>on(Process( INSIGHTS(&(TECHNOLOGY( GOING(DEEPER( Deeper(and(More(Accurate(Insights( through(use(of(“Emo>onal( Measurement”(Technology( Emo>ons( • Emo>ons(make(90%(of(( key(decisions( – Happen(faster( – Overrule(ra>onal(ones( – Ra>onal(Answer(may(not( reflect(reality( • Need(smarter(tools(to( measure…( £10,000(Fine(for(Congratula>ng(the( Referee( I(want(to(congratulate(again(Mike(Dean( (referee).(I(think(his(performance(was( unbelievable(and(I(think(when(referees( have(unbelievable(performances,(I(think( it’s(fair(that(as(managers(we(give(them( praise.(So,(fantas>c(performance.(He(came( here(with(one(objec>ve.(To(make(a( fantas>c(performance.(And(he(did(that( hnps://www.youtube.com/watch?v=nS0z2Tgrl8o( WHAT(A(SURVEY(TELLS(US( Is(this(the(Face(of(Congratula>ons?( MEASURING(DEEPER(IS(CLEARLY(VITAL( Many(technologies(for(Measuring( Emo>ons( Used(for(Low(Interest(Subject( APPEAL( Stand(Up(Cap( used(on(Total( Relaunch( 2.00 1.50 1.00 1.33 0.50 0.00 0.32 -0.51 -0.50 -1.00 -1.50 -2.00 0.15 0.13 -0.07 -0.43 -1.02 General(Conclusions(of(“Neuro”( • • • • • • • Mmm…Interes>ng( Helpful( Cool( Yeah…Makes(sense( How(does(it(work?( You(did(what!( Is(it(Proven!( Some(of(the(Challenges( • Many(new(measures( – No(consistency((no(Purchase(Intent(Equivalent)( • Lot(of(passion(for(“their”(approach( – Hard(to(judge(independence(of(POV( • Most(“validated”(and(oYen(have(“Academic’( endorsers( – How(does(a(Layman(know(what(ques>on(to(ask?( • Can(I(trust(it(to(make(a(Big(Decision( INSIGHTS(&(TECHNOLOGY( CONTEXTUALY( RELEVANT( • Too(much(current(research(is( based(on(“recall(of(past(events”( – Much(of(what(we(do(never(makes( it(to(our(memories( – Our(memories(are(“edits”(of( reality( SO(WHY(DO(WE(THINK(THIS(WILL(GET(US( REAL(SHOPPING(EXPERIENCE(IN(A( ACCURATE(LEARNING(ON(SHOPPER?( KROGER(STORE( Survey(when(Relevant( • Colgate(wanted(to(understand(what( mo>vated(shoppers(to(choose(base( compe>>ve(product(vs.(the(equivalent( Colgate(one(in(a(Grocery(Retailer( • Working(with(mFour( – Survey(in(Store( – Real(Time(Feedback( – GPS(technology(iden>fies(the(next(>me(the( consumer(entered(an(appropriate(store( The(Survey( • Take(a(Photo(of(what(was(( purchased( • Record(your(reasons(for(choosing(the(product( – 10_20(audio(clip( • Answer(some(simple(ques>ons( • Live(Interac>on(with( the(Survey(Responses( project azonto Digital(Research(in(the(Developing( World( Understanding(the(Millenial(in(Africa( • • • • What(mo>vates(them( How(they(use(our(categories(today( How(to(engage(them(in(our(categories( 96(Individuals(13_25( – Nigeria,(Kenya(&(South(Africa( Authen>c(Conversa>ons(&(Images( Technology(&(Context( • Allows(asking(the(Ques>ons(when(they(need( to(be(asked( • Lets(people(answer(in(a(true(conversa>on( style( • Proven(versus(Claimed((visual(verifica>on)( • Accessing(people(who(may(be(difficult(to( reach(the(“old”(ways( INSIGHTS(&(TECHNOLOGY( • Qualita>ve(research(is(oYen(used(early(on(for( Learning(&(building(ideas( • But(in(a(world(where…( – Videos(get(Millions(of(Views(in(a(few(days( – Amazon(reviews(are(based(100,000s(of(people( ADDING(SCALE( But(it(was(only(a(few(people!( • …Are(2(groups(of(6(people(in(Ohio(and(New( Jersey(s>ll(the(right(basis(for(learning?( ADDING(SCALE(TO(QUAL( • US(Innova>on(Group(needed(to(gain(learning( on(which(parts(of(a(Concept(were(resona>ng( • They(worked(with(Quester( – Qualita>ve(Techniques( – Quan>ta>ve(Tools( – Applies(AI(Based(Modera>on( Overview(of(Process( • 206(Interviews(in(4(days( • Ask(ini>al(ques>on(and(then(AI(soYware(analyzes( the(response(from(the(consumer(simultaneously( – Generates(a(follow_up(probe(that(uses(their(own( natural(language( • The(large(amount(of(data(from(these(interviews( is(analyzed(leveraging(second(soYware( – iden>fies(the(themes(in(data(and(bucke>ng(ideas(in(a( way(that(not(only(makes(sense,(but(that(is(data(driven( Does(AI(Modera>on(work?( • Iden>fied(the(elements(most(mo>va>ng(to( consumers( – Clear(which(element(should(be(hero(of( communica>on( • Iden>fied(&(Quan>fied(a(Benefit(Roadmap( from(Key(Elements(to(Emo>onal(Benefit( • Engaged(respondents( – felt(like(a(conversa>on(not(an(interroga>on( INSIGHTS(&(TECHNOLOGY(LEARNING( • Technology(can(be(a(powerful(enabler( • Can(help(provide(Truer,(Faster(&(more( Accurate(responses( • Interacts(with(consumers(in(a(more(“real”(way( • Can(bring(scale(to(measurement( • Can$be$Harder$to$do$than$Current$ • Can$be$More$Challenging$to$sell$the$answers!! Overview( • Introduc>on(to(Colgate(&(our(Innova>on( Process( • Using(Technology(Today(around(the(world( • Thinking(about(the(Future( INSIGHTS(&(TECHNOLOGY(FUTURE( • What(technology(do(we(need?( • What(help(do(we(need?( What(Technology(do(we(need( • Simple( – …to(Use( – …to(Use(around(the(World( – …to(Understand( • Proven(Predic>on( – Proven(to(provide(New(&(Deeper(Learning( – Case(Studies(of(valida>on( • Faster(and(Cheaper( What(Help(do(we(Need?( • How(to(sell(the(new(to(people(who(grew(up( on(the(Old( • How(to(fit(the(New(with(the(Current( – Or(does(it(obsolesce(the(Old?( • What(is(the(Skillset(of(the(future(to(leverage( the(new( – Neuroscien>st?(Mathema>cian?( Quantum(Mechanics(&(Insights?( • Technology(may(give(greater(confidence(in( the(answer,(however(we(need(to( remember( – Measuring(with(Precision(in(one(area,(may( lead(to(lower(Precision(in(another(area( – Events(before(a(Singularity,(do(not(predict( events(aYer(it( • Judgment,(Intui>on(and(Experience(must( not(be(ignored( COLGATE(PALMOLIVE( Lean(Customer(Insights( “Leveraging(Technology(in(our( Innova>on(Process”( ( THANK(YOU(