Posts Tagged ‘#GenY’

Let’s face it, when everything is said and done it all boils down to people.  We put labels on it like B2C, B2B, C2C, Social Media, Web 2.0, and many more. However, when you really look at it all and drill down to the core, it is all P2P – Person-to-Person.

Brands are starting to understand, Marketers are learning quickly, Researchers are catching on and the game has changed.  Whether your business is selling to consumers, other businesses, cats or dogs, the bottom line is people.  A great item that I saw Gary Vee touch on today was simple, obvious, but compelling – it’s people that make decisions.  I told you it is nothing glamorous at first, but think about it.  There is a person(s) behind every brand, business, blog and pet.  If you truly start to understand and obtain people-based insights you are close to seeing how the game is changing.  Consumers and business professionals alike are moving toward this new personal model.  Gen X and the Boomers can remember when you used to make a “flyby” to the client, drop in and say hi and walk next door and talk to the neighbors.  These same conversations and interactions are occurring now, just in a different arena.

The ones who will truly advance are the ones who can engage in these new digital realms and then transfer that connection into real life – an in-person client meeting, dinning at your restaurant or flying on your airline.  That is the new direction and every day companies are beginning to get better at engaging the digital consumer.  What does this mean for us as researcher?

First – We must understand the game.  How does it work? Who are the players? What are the rules? How do I win? In other words, you need to get past the information search and understanding phase into the application and utilization phases. (This is where you should have an advantage as a researcher)  Even if you are not using the social web for research, your clients are beginning to use it in their business and will certainly require you to understand it as a research consultant.  Think of it as a new therapeutic category for all of you that are in the Pharma/Healthcare space. We are past “Social Media is Cool,” now we need to look at how and when to leverage its offerings.

Second – Avoid criticizing the unknown!  It wasn’t too long ago our industry and clients were skeptical of web-based surveys.  One of our Senior Advisors, Dave Gustafson, sold some of the first online work to big pharma companies, their questions – “How do I know the Dr. is really the one taking the survey” and so on and so forth.  Now, it is a given and common methodology.  The new game is not as simple and trivial as it seems, you need to spend more time online than e-mail, Google maps and airlines to figure it out

Third – Start to understand the younger demographics.  Whether you are in B2C or B2B, it is important to understand Gen Y and how they work and interact.  These are not just your customers but your colleagues, clients etc.  Do your research and do not overlook this group.

The good news is the information is abundant.  It is easy to ask questions and as researchers we see exactly what is headed our way and to the market.  It is really an exciting time for the research industry as we have many new tools, methods and skills at our fingertips.  As our clients start to engage in this new way, it is opportunity for us as researchers to help them along to success.

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We had an amazing time at this year’s SXSW Interactive Festival!

Having the chance to speak with so many attendees and speakers was enjoyable and allowed us to form some new relationships as well.  Many of you have already inquired about video clips from our interviews, and we will be posting those as soon as possible.  Keep watching for great interviews with Penelope Trunk (@PenelopeTrunk) and Ryan Paugh (@PaughGinney) from the Brazen team, Elysa Rice (@elysa) from GenPINK.com, Shama Hyder (@Shama) from Shama TV as well as special footage from the popular #GenY panel – “Why Gen Y Won’t Friend Your Brand.”  A special thanks to John Snowden (@johnfilm), our videographer for the festival.  John did an amazing job and we look forward to working with him in the future.

The SXSW experience was definitely different than most projects that we encounter.  Being in an environment built on collaboration and innovative technology was very inspiring and truly fit the essence of Spych.  We met several people who are strong potential partners, as well as many who would be very interested in becoming a member of the Spych Consumer Team.

Our landing page launched on the first day of SXSW, which was very exciting!  The Singularity team did a wonderful job, and we hope that you will visit it and sign up for more information and updates – http://www.spychresearch.com  Please continue to check back, as we will begin to upload video clips and updates pertaining to upcoming events!

– Ben