Altitude Marketing Research CAPABILITIES PRESENTATION Prepared for: Prepared By: Altitude Marketing Research Road Map of Topics Altitude – The Company Who We Are (Section 1) How We Work (Section 2) Altitude – The Output Work Examples – General (Section 3) Altitude – The Offering Synopsis of Capabilities (Section 4) Examples Reference Guide to Strategic Value from Various Types of Research Capabilities Presentation 2 1. What/Who is Altitude (AMR)? AMR A boutique custom market research operation specialising in B2B markets with a sole focus on developing action programs to help clients make (bigger) profits in both the short and the long run. Credentials Established in 2005 Canadian owned Located in downtown Toronto Award winning research Published, reported, public domain research Blue Chip client base of leaders in respective markets One stop shop, full service research capability Working presence in conjunction with client business development team Capabilities Presentation 3 2. How Do We Work? 2.1. Company Focus Overall To embed research into the client action program Four Pillar Perspective 1 2 It’s all about the money How much, how to get it (a lot of it) and from where/who New products/services. Bigger share. Competitive advantage. Intelligent targetting. Image leverage. Creative positioning. Building loyalty. Marketing strategy. It’s all about the (client) business plan Strategic Structuring the objective (Internal/External) Capabilities Presentation Tactical Scoping out the need-to-know to make things happen Implementation Rolling out the action program as per the plan Monitoring Making sure it’s on track 4 2. How Do We Work? 2.1. Company Focus ~ Continued 3 It’s a lot about switching 4 Building in a point of advantage Understanding how entrenched/loyal the target business is Participating/Managing the transition Pull vs Push It’s a lot about aligning client strengths with competitive weaknesses Competitive Landscape Internal/External Barriers Strengths Weaknesses Opportunities Threats Size of the prize Low hanging fruit Volume/profit segments Market trends/shifts Technology Cost recovery/profit mandate The AMR perspective is a BUSINESS perspective NOT a research perspective Capabilities Presentation 5 2. How Do We Work? 2.2. Company Operation Our job is to put ourselves in your shoes and to put you in your customers’ shoes The Market Business Plan Client Profiles/Information Insights/Learning Action Points/Key Drivers Strengths/Weaknesses Customer/ Prospects “The Means” Qual “The Ends” Quant Industry knowledge Statistical Experts Centres of Excellence Custom built to complement the AMR core team as needed Capabilities Presentation TARGETS One-on-one’s (Tel/in person) Focus Groups (Dyads/Mini’s) National/International CATI (telephone) surveys Online Studies Omnibus (national/provincial) We don’t own the factory. We rent the factory so we can own the output 6 3. What Has AMR Done and For Who? 3.1 Overall What? Keeping the Penny (Available on RCM website) For Who? Royal Canadian Mint How? Qualitative/Quantitative Key Stakeholders Retail Business/Consumers Internet registration – building the business CIRA (.ca) (Canadian Internet Registration Authority) Quantitative Online research Mortgage Insurance Major Service Provider Qualitative/Quantitative Tracking/Media Study Churn reduction and profitability Market segmentation Chapter and verse profile of Canadian credit card market Assessment of Opportunities for Returns in Courier Market CHIP & PIN Technology Credit Card Market/Rewards Global Marketplace Loyalty/Churn Modelling New rate plans/offering Capabilities Presentation Technology/Software Reseller Quantitative research Qualitative research Multiple Subscribers (MarketSense) Quantitative Online research survey Major Courier Qual. (in-depth, 1X1’s) and quant (telephone) Major Canadian Bank Wireless Provider Mix of qualitative (groups, 1X1’s) and quantitative (telephone/online) Series of one-off studies and annual monitors (predominantly quantitative) 7 4. What Does Altitude Offer? Answer: “Key credentials and capabilities underpinning the delivery of decision-related information” Technical • Strong skill sets in research design and strategic interpretation Resources • Full range of capabilities. Everything from…Qualitative to Quantitative • Regional/National/ International Expertise • Breadth of capabilities whether… Corporate (Positioning, Branding) Prod/Service (Pricing, Loyalty) Market (Growth, Competition) Knowledge Direction Consultation • Extensive experience in the financial and professional services markets in Canada and beyond • Market based information to support strategic thinking, corporate direction, tactical decision making and market advancement • Ongoing relationship to design, consult and monitor new initiatives to sustain leadership Capabilities Presentation 8 Examples of Research Deliverables feeding into Strategic Marketing action How Does Research Deliver Strategic Value? Answer: “By applying research to identify opportunities, develop offerings and monitor their performance against objectives…” Market Definition Pre Test Activity Post Implementation Tracking • Market/customer Segmentation • New Product/ Service Concept Testing • Service Delivery Assessment • Market Measurement • Communications Testing • Brand Equity Monitoring • Pricing Sensitivity • Customer Satisfaction • Image Assessment • Competitive Movement • Competitive Evaluation Reports • Market Growth Potential • New Business Opportunities Capabilities Presentation • Migration Strategies • Value Added Initiatives • Advertising Tracking • Share Monitoring 10 Examples of Strategic Value ~ Pre Test RESEARCH FRAMEWORK STRATEGIC VALUE • Market/Customer Segmentation Identification of high and low value segments and customised development of action to maximise revenue potential • Market Measurement Assessment of market size, identification of key segments, regional profile and trend analysis • Competitive Evaluation Profile of competitor standings, basis of market presence, positioning, offerings, strengths and weaknesses • Market Growth Potential Assessment of opportunities for growth at the macro market and individual segment level and identification of strategic action to foster and achieve growth potential • New Business Opportunities Identification and evaluation of new opportunities according to size of demand, competitive strength and strategy for going to market Capabilities Presentation 11 Examples of Strategic Value ~ Pre Test RESEARCH FRAMEWORK STRATEGIC VALUE • New Product/ Service Concept Testing Selection and development of winners with true market potential • Communications Testing Development of Corporate Communications consistent with marketing objectives that deliver value • Pricing Sensitivity Assess scope for higher price potential and business consequences of price thresholds • Image Assessment Understand impact of corporate imagery on customer loyalty and propensity for new business growth • Migration Strategies Assessment of opportunities to move prospects to higher revenue service platform • Value Added Initiatives Identification of New Initiatives to add value to customer offering and build retention Capabilities Presentation 12 Examples of Strategic Value ~ Post Implementation RESEARCH FRAMEWORK STRATEGIC VALUE • Service Delivery Assessment Evaluation of delivery in accordance with corporate objectives and customer needs • Brand Equity Monitoring Assessing extent to which market performance is helping to build equity in the brand • Customer Satisfaction Identifying vulnerable customer segments and the cost of retention • Competitive Movement Profiling competitive gains and understanding factors precipitating movement • Advertising Tracking Assessing communications effectiveness from flighted or continuous activity • Share Monitoring Descriptive and diagnostic evaluation to track and predict market share gains and losses Capabilities Presentation 13