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Pillsbury Cookie Challenge

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Pillsbury Cookie Challenge
What are consumer insights?
In order to market a product, we must first understand customer needs and wants. Consumer insight is the information gathered about a target population in order to better align market strategies with consumer needs. The goal is to better understand the customer ­ in the Pillsbury Cookie Case, Guillen focused on his cookie customers.
What types of challenges can benefit from consumer insights?
One type of challenge that can be solved using consumer insights is increasing volume and profit growth of particular business segments. Generating new insights into current and potential consumers allows for a more focused marketing effort that appeals to consumers. Understanding the consumer insights of geographic, demographic, psychographic, and behavioral segments allows for a more effective targeting strategy.
In the case of refrigerated baked goods, Guillen needed to gain market insights on his cookie customer market. Geographically separating the his Canadian market from the U.S. segment allowed Guillen to target and study consumer behaviors to better understand his current and prospective cookie customers. The better Guillen understands his consumer, the better he can improve and market his product to reflect customer wants. For the most part, increased customer insight leads to increased sales volumes.
How does a company obtain consumer insights?
Consumer insights are developed through quantitative and qualitative research.
Quantitative research is data oriented and is based on the measurement and analysis of relationships between variables. Population sample size is typically large to in order to generalize results. The data collected through surveys and questionnaires can be statistically analyzed, meaning a numeric value can be attributed to responses. Quantitative research is an effective model for

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