Developing Insights
Developing Insights
06 Dec 2021
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Description
Many of the world's most intriguing and successful companies have benefited from the advice of insight experts who have dedicated their lives to advising clients on brand, marketing, and communication strategies. As an insight leader Anna Estlund, Director of Insights at Pernod-Ricard, takes us on a tour of topics ranging from new advancements in insights to diversity and inclusion practises in market research.
Table Of Contents
Introduction
Estlund explains her experience and role in the industry as well as Pernod-Ricard's operations.
Unifying insights and analytics
In the industry, the best insight work comes from combining analytics and insights.
Estlund emphasises that when it comes to combining analytics and insights, she only sees advantages.
Market research and insights are valued more in the post-pandemic period. Recently corporate-level strategies are created a new style of working in the industry.
According to Estlund, although AI is beneficial in various areas and tasks, the market research business generally is still in the early stages.
Combination of high-quality data and cost-effective insights
Being aware of what you currently have in your systems is a more effective and time-saving technique to analyse data more deeply.
Changes in market research during the post-pandemic period
With the outbreak of the pandemic, many things took a turn. Estlund addresses the shifts in working styles, recruiting, prioritisation, and, most importantly, demand.
Diversity and inclusion in market research
Another hot topic is how the pandemic will impact talent management. Estlund stressed the importance of developing opportunities in new directions and improving recognition practices.
For Estlund, there are two aspects to diversity and inclusion: one is about the personnel, and the other is about knowing the client base.
Trend outlook for 2022
The future of market research will be a combination of insights and strategy roles. Instead of concentrating solely on the data source, market researchers should broaden their horizons to be able to develop strategies based on the data they have.
Career advice from an insight leader
One of Estlund's important professional advice is to focus not only on being a market research expert but also on deeply understanding the business drivers by connecting different functions in the company.
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