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098 | Paul Thomas | Good vs. Bad Market Research: From Bars to Boardrooms | Suntory Global Spirits

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Manage episode 493051589 series 3676071
Content provided by Chris Maffeo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Maffeo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this return appearance on the Maffeo Drinks podcast, Paul Thomas, whom host Chris Maffeo dubs "the king of insights," shares wisdom on how to escape the marketing "ivory tower" and understand real consumer behavior.

Paul advocates for marketers to personally observe products in various venues rather than relying solely on data.

The conversation examines how brands should adopt occasion-based marketing over demographic targeting, striking a balance between aspirational positioning and pragmatic distribution strategies.

Paul critiques the research industry's shift toward "faster and cheaper" methodologies at the expense of quality, encouraging brands to conduct fewer but better studies.

The episode concludes with advice on creating an "insight ecosystem" that balances qualitative observations with quantitative data, emphasizing the value of curiosity in understanding how consumers interact with drink brands in different contexts.

Timestamps:

0:00 Introduction to Maffeo Drinks Podcast

00:19 Welcoming Back a Special Guest

01:00 Diving into Key Topics

02:00 Understanding Consumer Insights

05:46 The Reality of Market Segmentation

07:57 Strategies for Brand Placement

14:09 The Importance of Research

31:56 Balancing Qualitative and Quantitative Data

36:18 Final Thoughts and Wrap-Up

  continue reading

108 episodes

Artwork
iconShare
 
Manage episode 493051589 series 3676071
Content provided by Chris Maffeo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Maffeo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this return appearance on the Maffeo Drinks podcast, Paul Thomas, whom host Chris Maffeo dubs "the king of insights," shares wisdom on how to escape the marketing "ivory tower" and understand real consumer behavior.

Paul advocates for marketers to personally observe products in various venues rather than relying solely on data.

The conversation examines how brands should adopt occasion-based marketing over demographic targeting, striking a balance between aspirational positioning and pragmatic distribution strategies.

Paul critiques the research industry's shift toward "faster and cheaper" methodologies at the expense of quality, encouraging brands to conduct fewer but better studies.

The episode concludes with advice on creating an "insight ecosystem" that balances qualitative observations with quantitative data, emphasizing the value of curiosity in understanding how consumers interact with drink brands in different contexts.

Timestamps:

0:00 Introduction to Maffeo Drinks Podcast

00:19 Welcoming Back a Special Guest

01:00 Diving into Key Topics

02:00 Understanding Consumer Insights

05:46 The Reality of Market Segmentation

07:57 Strategies for Brand Placement

14:09 The Importance of Research

31:56 Balancing Qualitative and Quantitative Data

36:18 Final Thoughts and Wrap-Up

  continue reading

108 episodes

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