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[R]evolution of data:
quantifying emotion.
Keren Phillips
Strategy Director
@kerenyp
In this session




        1.   Measuring intangible drivers to purchase - the holy grail
        2.   Platforms designed to measure emotion
        3.   Marketing gets Sci Fi
Intangible drivers to purchase
Digital behaviour = access
Digital tools = usefulness
RESEARCH   STRATEGY   EXECUTION   MEASUREMENT
RESEARCH
EXECUTION     STRATEGY
MEASUREMENT
Access to data
           +
Customised functionality
           =
  Ability to ascribe $
Quantifying a shift in brand awareness




    Find the value relative              1. Market size
    to a shift in awareness              2. Awareness change
    of your brand or                     3. Purchase intent
    product                              4. Conversion rate
                                         5. Unit profit
The brand awareness value equation




                   The value of brand awareness =
                   (market size) x (awareness change) x (purchase
                   intent) x (sales conversion) x (unit profit)
Integrate the requirements for
measurement into the fabric of
        each activity
Review platforms designed to record emotional reaction
REVIEWS   SALES
REVIEWS   BOOKING   SALES
Quantifying review value




    Find the value of a      1. Market size
    specific category or     2. Category size
    type of review on Trip   3. Booking percentage
    Advisor                  4. Unit profit
The review value equation




                    The value of a specific review type =
                    (total market size) x (category percentage) x
                    (booking percentage) x (unit profit)
Marketing Sci Fi
Accuracy in reporting
Relevancy is king - in business or marketing
[R]evolution of data:
quantifying emotion.
Keren Phillips
Strategy Director
@kerenyp

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R]EVOLUTION OF DATA: QUANTIFYING EMOTIONS