• 10. Leslie Wood: Consumer Trends, Advertising Effectiveness, and The Corona Economy

  • Jan 11 2021
  • Length: 44 mins
  • Podcast

10. Leslie Wood: Consumer Trends, Advertising Effectiveness, and The Corona Economy

  • Summary

  • Leslie Wood is Chief Research Officer at NC Solutions, a joint venture between Nielsen and Catalina that features one of the industry’s most comprehensive databases of consumer behavior and media use. We discuss…

    • Why spending continues to rise on consumer packaged goods, comfort food, and iconic brands (but not on private labels)
    • Why the new wave of stay-at-home orders is unlikely to change consumer behavior
    • How advertising is more effective for building loyalty than encouraging trial (and why loyalty is more important than ever)
    • A common advertising mistake: brands get tired of their messaging and change it even when it still resonates with consumers
    • How the quantitative analysis of advertising effectiveness reveals the importance of the “softer” sides of advertising -- messaging and creative (and how I am REALLY similar to Don Draper!)
    • How The Corona Economy is analogous to the entire population going through multiple lifestage transitions at once

    ~~~~~~

    Learn more about NC Solutions here, and reach Leslie on LinkedIn here

    Theme music courtesy of Tess Stevens, the world's most rocking content strategist.  Thank you Tess!   Follow her on TikTok and Instagram @tessfstevens.  Stream her EP Patient 139 on Spotify, Apple Music, and all major platforms.   

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