FEATURE9 September 2020
Edwina Dunn in seven
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FEATURE9 September 2020
x Sponsored content on Research Live and in Impact magazine is editorially independent.
Find out more about advertising and sponsorship.
In the latest of our In Seven series, we speak to Edwina Dunn, chair of Starcount and one of the founders of Dunnhumby, later acquired by Tesco. In 2015, she launched non-profit organisation The Female Lead, and is a commissioner at the Geospatial Commission, as well as a non-executive director at the Centre for Data Ethics and Innovation.
In 2000, when I told the leader of a financial services organisation that data would become strategic, he laughed. Well, not only is it now fundamental, but it is also an essential management and decision-making tool. When we launched Tesco Clubcard, we were the first and only. A year later, Amazon declared its mission statement: ‘To be Earth’s most customer-centric company.’
Knowing what you need to understand consumers and behavioural patterns takes time and experience. Data science is all about nudge behaviour – driving new actions and creating automated, intelligent triggers. It’s a combination of art and science, which requires knowledge of the way a business works, its quirks and operational limitations. Also, it’s important that your data science is able to tell you an ugly truth or two, not just what you want to hear.
Lazy organisations simply use sales to engage consumers, but they have become so widespread that many are now ignored. Consumers want good prices, but they want brands to understand what they love and why they chose them and not another. So brands need to show and earn the loyalty of their customers – not demand loyalty.
For years, I’ve wanted to harness the insight of mobile phones and credit card/financial services. However, the proprietary nature of this data means any value has been highly restricted and slow to emerge. Open-data sources such as social media, by contrast, are global and sensitive to fast-changing trends, revealing consumer triggers that indicate aspiration, belief and purpose, not just behaviour. This data shows future intent, not just ‘the past’.
All data is biased. How it’s collected reflects the original purpose, not necessarily the new purpose of analysis and modelling. We should think about the data we need and not always solely from within our organisation. Most data scientists struggle with sparse or bland data, so finding a way to categorise ‘all people’ is the most balanced and valuable step forward. AI essentially builds in any inherent bias in the data or model, so filling the gaps in the ‘ground truth’ is a fundamental first step.
The perfect combination of big data and market research is to use big data to understand behavioural patterns in a way that does not require special intervention or effort, and to use bespoke research to understand why people do what they do. In the past, representative samples have been applied in a way that removes any chance of using subsequent insight in direct communications. In new models, when samples are drawn from within known behavioural segments, significant and practical applications are unleashed.
The Female Lead is using research to understand what holds back girls and women in life and careers. Instead of asking clichéd questions around ‘glass ceilings’, we’re running hour-long interviews to understand motivation and beliefs through a structured conversation. The response and evident trust from women, combined with clear frustration and appetite for change, is breathtaking. There are big changes afoot as households are thrown together in a work and home-life environment for the first time in decades, and it seems evident that working life and consumerism will probably be redefined. I can’t wait to share these new stories.
This article was first published in the July 2020 issue of Impact.
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