Researching the "next billion consumers" in emerging markets through mobile technology

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Researching the "next billion consumers" in emerging markets through mobile technologyBen Olding - Co-founder and Chief Technology Officer – TxteagleDiscussing the rise of income in the emerging markets and the implications for consumer insights. Capitalizing the massive opportunities from the demand of insights from big brands. Leveraging mobile as both a sample source and research platform. Outlining how major brands and research firms are succeeding with mobile in emerging markets.

Transcript of Researching the "next billion consumers" in emerging markets through mobile technology

Reaching the “Next Billion”

through Mobile

MRMW 2011

PROPRIETARY & CONFIDENTIAL

Who is txteagle? We’re an 18-person startup whose airtime incentive platform has been integrated into the back-end prepaid billing systems of hundreds of mobile operators

7/29/2011 2 PROPRIETARY & CONFIDENTIAL

We can credit prepaid mobile accounts for:

• 70+ countries

• 200+ mobile operators

• 2+ billion consumers

… all in emerging markets.

Overview

• Why be interested in emerging markets?

• Why is mobile the “right approach” to reaching the next

billion consumers?

• What are the opportunities & challenges facing mobile

data collection in emerging markets?

• What information do brands want in emerging markets?

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Researching the “Next Billion”

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World Population & Per Capita Income

Source: Nat Geo

5 Years Per Capita GDP

$-

$5

$10

$15

$20

$25

$30

$35

$40

$45

$50

US

India

Indon.

Brazil

Growth Rates

0%

5%

10%

15%

20%

25%

30%

2010 Growth

US

India

Indon.

Brazil

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Per Capita GDP Figures

Rising wealth in emerging markets are enabling consumers to purchase new products; growth rates of economies extremely attractive

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Rise of Emerging Market Importance

Source: EU EEA

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So… Why Mobile?

It’s Where

the People

Are!!!

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2006 2007 2008 2009

US

India

Indon.

Brazil

Colombia

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Mobile Phone Ownership

00.10.20.30.40.50.60.70.80.9

1

Mobile

Internet

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What About the Internet?

Case Study: United Nations

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7,000 respondents

33 countries

6 months

$5

million total budget

40,000 respondents

49 countries

2 months

<$1

million total budget

Delivered better data at lower cost.

Saved the UN $4M over 12 months.

Without txteagle With txteagle

• In emerging markets,

phone subscriptions are

pre-paid

• No contract

• Free to receive incoming

calls, texts, etc.

• Constantly adding small

amounts of airtime from

kiosks

Small amounts of airtime =

electronic cash

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Post-paid

Pre-paid

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What Does a Mobile Strategy Look Like?

Local phone plans are not like US

• Phones more common

than banking

• Credit cards growing, but

nothing like phone adoption

levels

• No Experian database to

look people up in

• Even bank accounts are

becoming mobile-centric in

effort to grow customer

base

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What Does a Mobile Strategy Look Like?

Anonymity makes pre-screening more involved

“The Banker in

Your Mobile”

Barclay’s India advertising campaign for mobile-centric banking

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What Does a Mobile Strategy Look Like?

UI Challenges: Handsets Vary in Emerging Markets

Smart Phones (Rare) Feature Phones (Common) Low End Handset (Base)

Restricts question types as well as survey length…

• Great source of people

• Great cross-population incentive for people

• Solid pre-qualification platform

• Basic data collection platform

• Need to limit to 5-10 questions

• Questions ideally “multiple choice” style

• Cannot think in terms of smart-phones / large screens / touch

screens

• Possibly a way to drive people to better interface?

• Full browser Internet, focus groups, phone interview, face-to-

face, etc.

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Mobile in Emerging Markets

• Basic attitudes and opinions

• How do people make purchasing decisions / what are their

perceptions of various brands

• Metrics, metrics, metrics

• Distribution channels are much looser outside US, Europe,

Japan

• Advertising more difficult to measure

• Looking for trends over time: are we improving? Why?

• Customer access

• How can we find & talk to our current customer base? Who is

buying our product today?

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What are Brands Asking For?

Questions / Discussion

PROPRIETARY & CONFIDENTIAL

Presented at:

Market Research in the Mobile World 2nd International Conference | July 19 & 20, 2011 Atlanta

Organized by: Thank you to sponsors:

LinkedIn Group: Mobile MR

Upcoming Merlien Events: Merlien.org GreenBook Directory: GreenBook.org Market Research Blog: GreenBookBlog.org New Qual Blog & Directory: NewQualitative.org

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