Professional Documents
Culture Documents
Jane Bloomfield
Chief Growth Officer
Kantar UK
How we have built your story
Deploying Kantar’s Using the world’s largest Using our retail team’s
analytics AI toolkit and brand equity database to expertise and our Worldpanel
expertise to help brands bring you learnings on data to understand the effects
navigating through the the importance of strong on consumption
unknown brands
2
Your Kantar team today
Jane Bloomfield Laura Keeley Silvina Rizzo Ella Majava Andrew Walker Martin Guerrieria
Chief Growth Officer, UK Strategic Client Partner Global Product Manager, Senior Consultant, Client Knowledge Director Global Head of Research -
AI Toolkit (STAN) Human and Cultural BrandZ
Practice
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What we are going to talk you through over the next hour
1. 2. 3. 4.
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What you will hear today
5
Lessons
from China
Jane
The Context Matters – Country Overview of China - Digital First Economy
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The impact on certain sectors was profound during the pandemic
8
But after the pandemic, there is huge potential for rebound
9
Many consumers tried new things
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But everyone is looking forward to ‘returning’ to the new normal
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Lesson from China
PAY ATTENTION to the changes of consumer mindsets,
consumption behaviour and lifestyles to enable more
flexibility in the annual business plan, marketing & channel
strategy, and the investment plan. Put more focus on at
home occasion marketing
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How are we feeling?
How long does the Who is at risk of Am I at risk from How likely am I to What are the How do I Should I travel How should I wash Should I w ear a
virus live on severe illness? products shipped catch the virus? symptoms? self isolate? abroad? my hands? facemask?
surfaces? from abroad?
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We are less worried than our European neighbours
63
60
53 51 50 50
46
42 41 40
36 35
31
28 27 25 24
19
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When we talk about Coronavirus online – this is what we also talk about
And this mirrors the stage of the pandemic in that specific geography. WFH in US, travel bans across Europe,
early stage signals in France, aftermath in China
travel mobility
personal care
sport
financial services
food
hospitality
retail
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Above all we’re trying to minimise risk. Diving deeper into safety,
we see that consumers are discussing ways to be safe like avoiding crowds, finding a vaccine,
or using products like face masks or hand sanitizer
Crowds
Vaccines
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Concerns associated with ‘panic’ focus on two themes
Symptoms and the financial future of consumers (stock market, insurance). The insurance category is associated
with mentions of fearful – coverage of treatment in future
Death
Insurance
Stock market
Bus
Cough
Contagious
Plane
Respiratory
Car
Fever
Recession
Cruiseship
Investments
Toilet paper
Mutation
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“Our duty, and certainly the
message that we give to the PLANNING AND
finance ministers, to the policy
makers, is ‘be prepared’. Make sure
that your financial sector is under
STRATEGY
good supervision, that it’s well
regulated, that the institutions are
rock-solid, and anticipate at home
with enough buffers so that you can Apprehensive because of the
resist the potential crisis.” uncertainty.
Christine Lagarde on future
global financial crises
Seeking as much certainty in their
lives as possible e.g. planning,
business continuity.
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While discussing their crisis behaviours, consumers are future-oriented
and discuss the lack of the remedy/vaccine and the need for development, while simultaneously sharing their
present reality – working from home and avoiding crowds
0 1000 2000 3000 4000 5000 6000 7000 8000 9000 10000
Vaccines
Work remote
Crowds
Use hand sanitizer
Touching face
Wear face mask
Cancel travel
Stockpiling goods
Wash hands more
Stop shaking hands
Get vaccinated
Keeping children home
Touching objects buttons
Ordering foreign products
Restaurants
Behaviour
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If we are at work, we are talking about being at home. And if we are at home,
we are worried about doing work
Work remote
6844
Work remote
7337
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We identified 6 core themes from the images shared by people, representing
their new needs and approaches
Memes and selfies are As people stay inside it People are resourceful, Themes identified:
normally frivolous and funny seems they are increasingly and we see people quickly
but it seems that in times of dreaming of outside (17%). adapting, by switching NO, SERIOUSLY
crisis they morph into their social and work lives
something different. into a digital format. LONGING FOR NATURE
LAPTOP LIVES
SOFA AND SNUGGLES CREATIVITY AND CRAFT THE NEW ESSENTIALS
(13%) (9%) (6%) SOFA AND SNUGGLES
Getting cosy and feeling As the days grow longer People love to share CREATIVITY AND CRAFT
safe with our pets and the with little to do and nowhere images of the things that
people that we are close to. to go people turn to their are important to them. THE NEW
ESSENTIALS
own creativity to There are a whole host of
keep entertained. ‘new essentials’ for self-
isolation that people are
sharing content around
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6 Key Take-Aways for Brands
#1 #2 #3 #4 #5 #6
Get the cue for Enable future Be an enabler of Help create Help people Identify the
your tone of planning. resourcefulness. moments of learn new essentials that
voice from calmness skills, make matter to your
consumers. and joy. and create. consumer.
Think ahead and take Remind consumers of the Support consumers Consider how you Recognise consumers’ Understand that people’s
constant temperature future and enable them to with ideas, products and can play a role in desire to be more active needs continue to be
checks so you make plans for it. services that help maintaining mental and and creative with your individual. Help people lead
understand the changing them adapt. emotional wellbeing. products and services. the lifestyles they want and
public mood and pursue their passions.
sentiment.
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How are we
shopping?
Andrew
The behaviour behind the headlines
We started with the premise that bulk purchasing was the key behaviour to understand
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Beyond Liquid Soap, the expected categories stand out and behaviour is varied
But the absolute figures look small is there another effect at play here?
Facial Tissues
Increase in volume per stockpiler
Liquid Soap
200% Tinned Fruit Tripling Volume
Household Cleaners
0%
0% 1% 2% 3% 4% 5% 6% 7%
Stockpilers as a % of buyers
200%
162%
150%
100%
0%
Liquid Soap Facial Tissues Toilet Tissues Household Dry Pasta Canned Pasta Baked Beans Tomato Canned Tinned Fruit
Cleaners Products Products Vegetables
160.0
Multiple Supermarkets
140.0
Bargain Stores
120.0
Restaurants
100.0
40.0
Cafés & Snack bars
20.0
Pubs & Bars
0.0
The battle to enforce social The battle to keep stocks on shelves The battle to protect staff and
distancing shoppers from infection
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The two battles Britain’s retailers will fight next week
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The one thing we need to keep in mind – this is a war and wars
bring out the best and worst in all of us
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Implications for
Brand Management
Previous
epidemic/disasters
have shown short
term impact, but
generally recovery
is seen over a
period.
35
Salience is
incredibly important
at times of crisis –
particularly in
commodity
categories
We’ve seen before that strong brands recovered NINE TIMES faster following
the financial crisis of 2008
+317%
BrandZ Top 10
Powerful Brands
+196%
BrandZ Strong
Brands Portfolio
+128%
S&P 500
+59%
MSCI Word Index
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
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Salience plays a crucial role in brand equity and consumer decision making in these categories in the UK
% contribution of Salience to Power in UK categories 2018/19
Italy Cruising 2019 = Salience 43%, Difference 27%, Meaningful 30%
Top quartile
52 52
Hotels
51
Airlines
50
50
49
49 49
48 48 Travel agents
48
47
47
46 46
45 45 45 45
45 44
44 44 44
44 44
43
43
42 42 42 42
42 42 42 42 42
41
41 41 41 41
41
41 40
40
40 40 40
40
39 39 39
38 37
37
37 37
36
60 categories total 39
1. Thomas Cook WAS the most salient travel agent for UK holidaymakers…?
Travel and Holiday agents - Salience
140
133
120
111
102
94 93
89
85
80 80 78 77
2019 140
90
Expedia
110 Virgin Holidays
Trailfinders
Meaningful Difference Salience Booking.com
Different
Kayak lastminute.com
100
151
2016
140
2019 90
Jet2 Tui
Travel Supermarket
First Choice
109 BA Holidays Thomas Cook
80
Average 96 97
brand
83
70
75 85 95 105 115 125 135 145
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2. Similarly Flybe was ultimately undone by a lack of relevance and differentiation
– despite the last ditch bailout attempt
160
(Declared insolvent March 2020)
RISK
140
99
87
120
Different
100
80
60
60 80 100 120 140 160 180
Meaningful
There is only one brand I would ever consider 6.4 6.1 -5% proportionally
Worth %
160
79.8 Hilton
150
75.7
74.3 140
73.9
72.9 Malm aison
72.4
70.8 130
69.5 69.1
67.9 67.8
67.2 120
66.2 Crow ne Plaza Marriott
65.7 65.7 65.3
64.7
DoubleTree
110
Prem ier Inn
Different
61.0 InterContinental
De Vere
100
Radisson Blu
Renaissance Best Western
90 Ibis
Holiday Inn
Ram ada Mercure
80 Novotel
Travelodge Holiday Inn Express
70
70 80 90 100 110 120 130 140 150 160
Meaningful
Brand building investment What’s your ‘salience Plan for the long term Be prepared to make
pays for itself and then strategy’? pricing decisions
some Ultimately Meaningful Difference
In commoditised categories, salience In challenging times market
Experience shows that brands with is a particularly large influence on remains THE best indicator of long pressures may necessitate a short
the strongest brand equity are best decision making term brand value growth term change in pricing strategy - be
placed to grow their value but also to ready to adjust relatively but be clear
Manage the short term by focussing Salience brings a brand into the on where to draw the line and stick
recover faster during difficult
efforts on maximising salience conversation but clear meaningful to it
economic times
versus competitors difference delivers the punchline at
Marketing is an investment not a decision time Price equals profit and profit equals
Maintain spend as far as possible, opportunities for innovation and
cost and a tough financial
aiming for a SOV above market Consider your current relative brand building investment
environment will make this clearer
share - target channels best suited to position and the key associations to
than ever
maximise reach – TV and outdoor if target in your category If your brand is trading on price
budgets allow but consider the value alone, beware – a combination of
available from digital channels and salience and price can only work
search engine optimisation when low price is a genuine
differentiator
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Step 2:
Reaction
We have high expectations from companies to fulfil their responsibilities as
employers and in the wider community
As an In wider Direct to
employer community consumer
Donations –
hospitals 7
Usage
gone up
Internet browsing TV
Newspapers Radio
Online radio
Magazines
Usage Cinema
gone down
48
We don’t want brands to stop advertising but it mustn’t be seen as exploitative
or insensitive
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The resulting impact – strong brands lead the way – but be mindful of tone
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Be humorous (if appropriate and in your brand DNA)
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Be relevant
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Stand strong and stay true to your roots
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Longer Term Implications
A digitized business model, giving brands Widespread changes in consumer Optimism and highlighting of emotional
the ability to measure, predict, react and behaviours, ranging from work at home, benefits of brands for the betterment of a
recoup will become the norm new travel preferences, and the role community will be valued in the long term
of entertainment and family are likely
to be seen
Brands that do not understand how to Brands need to have systems in place to Brands that take a human centric,
market in a digital world will fall behind change at the pace that consumers are fearless and bold category leadership
changing will be noticed and valued
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And let’s remember where we started
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We are here to help – additional resources and further content
Our C19 barometer understanding the impact for brands is running in c.40 markets
Access our Covid-19 daily news alert, launching early next week
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Welcome
Jane Bloomfield
Chief Growth Officer
Kantar UK
Appendix
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As the largest study of it’s kind exploring the brand implications of Covid-19,
we’re continuing to dive deeper on an expanding list of countries*
*Given the changing nature of the situation we’re facing, we are continuously adjusting the list of countries covered. To get the most up-to-date list of countries, please reach out to your
local Kantar contact.
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Kantar’s C19 Barometer has been designed to help you lead the reaction that
your business needs to take, in the coming weeks and months
A consistent message Short and long term Make the right decisions Predict what’s coming
Use data to help your implications With different dynamics in With countries in different
business align around a Clearly outline the brand each country, use the broad stages, use cross-
consistent understanding of implications and marketing range of country data to help comparisons between
the situation, and be clear on levers that your business your local teams address their countries to anticipate what
what the signal is in an should be adopting, in both local situation in exactly the future consumer behavior and
increasing pool of noise. the short and long term. right way. expectations may be.
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The study will initially unpack the business questions we are currently facing
Impact on online/offline
purchase behaviour:
Media habits: Channel (online/offline, store
format) Expectations from
Impact on media channel usage brands
Price/promotion sensitivity
Consumer attitudes Impact on social media usage Appropriate perspective on the
Stockpiling
situation
Level and nature of concern
Product origin How they should communicate
Trusted sources of information
Willingness to use electronic Tangible actions to take
Areas of advice sought Travel habits: payments
* Food & Bev, Clothing/accessories, Services (insurance, telecoms, energy etc), OTC pharmaceuticals, Cosmetics/personal care,Electronics, other
** public transport, taxis/ride hailing apps, driving, personal flights, business flights, cruises 63
Kantar interviewed 485 people
aged 18+ in the UK during the
weekend of 13th-16th March.
They were interviewed
online and were nationally
representative in terms
of age, sex and region.
Context:
COVID-19 had been in community transmission phase for over a week,
with confirmed cases climbing from 798 to 1543 (and deaths from 11-55)
over the weekend.
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CORONAVIRUS
GLOBAL
DEPLOYING KANTAR’S ANALYTICS AI
TOOLKIT AND EXPERTISE TO HELP BRANDS
NAVIGATING THROUGH THE UNKNOWN
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MARKET DISRUPTION
Category and Market Consumer Factors
Factors
Assess the saliency of your BUSINESS Understand consumer
category within consumer IMPACT CRISIS behaviours in light of the global
generated coronavirus Brands & BEHAVIOURS
virus outbreak and crisis.
conversation. Categories
Covid-19
Consumer
Conversations
+89M and
counting…. Understand what consumers are
Gain insight into how to
ACTIVATION FEELINGS trying to achieve
communicate with consumers and
Comms AND Identify emotional and functional
the topics to emphasise in strategies MOTIVATIONS consumers’ needs
uncertain times.
CONCERNS
PUBLIC
Marketplace
OPINION Discover consumer and
& Consumer
on
Government/ marketplace concerns of today and
other the growing concerns of tomorrow.
institutions
response
67
Key metrics to define- trend detection
17
68
69
Understanding our
changing reality as it takes
shape
EVA
Contact:
Izzy.Pugh@kantar.com
Ella.Majava@kantar.com
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What we did: Using EVA to understand what people are really
getting up to in self isolation
ꟷ So far we have analysed a sample of 8,700 Instagram posts, posted w/c 9th
March. These posts were gathered tracking 6 widely used hashtags in UK,
US & Italy: #quarantine, #selfisolation, #selfquarantine,, #iorestoacasa,
#quarantena, #smartworking, #isolamento
ꟷ We then analysed these themes to understand what they could mean for
brands
EVA is a fully GDPR compliant tool. For the purposes of this presentation,
user images have been replaced with representative stock images or images
recreated by Kantar staff that bring the themes and images we saw to life.
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EVA can help you understand
what is happening in your
consumers’ worlds and respond
at speed.
EVA – Enhanced Visual Analytics – can help your brand understand:
ꟷ How your consumer tribe is responding to the crisis, and the new
behaviours and needs they have
ꟷ How approaches to your brand or category are changing and how the role
of your brand or product is changing behind closed doors
…so you can adapt how you interact with consumers and the products and
services you offer to them to meet their new needs.
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GLOBAL
MONITOR
WHAT IS IT?
Contact:
jennifer.james@kantar.com
From the world to the consumer
CONSUMERS
75
The importance of
strong brands
Contact:
Martin.guerrieria@kantar.com
Graham.staplehurst@kantar.com
454
166k
BRANDS
CATEGORIES
51
MARKETS
THE LARGEST
3.7m
CONSUMER
Brand Building Platform
5.2B
INTERVIEWS In The World DATA POINTS
Est. 1998
77
BrandZ valuation process is the only one to incorporate
comprehensive consumer data
FV X BC = BV
STEP 1: STEP 2: STEP 3:
Financial Value Brand Contribution Brand Value
($) (%)
Financial value Proportion of financial value
created by a brand generated by the brand’s ability to
increase purchase volume and
charge premium
Source: Source::
78