Position Overview:
Consumer Insights Function:
- Consumer Insights team works with a clear mandate to deliver Insights into consumers, brands, products & markets. Insights are derived from analysis and synthesis of the right market research and other information / data sources to provide deep understanding, opportunity identification and springboard for action.
Job Summary/Accountability:
- Build and drive culture of insights based decision making
- Strong analytical bent of mind to layer research findings with internal business metrics/analytics for actionable business outcome
- Interaction with Pan - bank stakeholders (Business units) to understand the business requirement and drive appropriate research solution
Work Experience:
- Ideal candidate should have 5-7 years of experience at agency and/or client side managing consumer research.
- Well versed with quantitative research tools & methodology
- Exposure to Qualitative research tools & techniques an added advantage
- Excellent communication skills
Major Deliverables:
- Identify & fulfill research needs for key business verticals (Marketing /Product/Service Quality/Customer service)
- Ensure comprehensive research brief articulating business/research objectives & expected deliverables/outcomes
- Suggest best form of research taking into account business objective, expected outcome, time-lines & commercials
- Share research findings with stakeholders to help derive the plausible next steps
- Layer the Internal transaction metrics with softer aspects of consumer understanding to drive business actionable - forward integration to get an integrated view on What , Why & now what
- Work cohesively with cross functional teams to understand ongoing business imperatives and the impact of consumer Insights initiatives towards delivering tangible business value
- ROI Assessment studies to understand the impact of business intervention
- Product Tests / Concept Test - Work closely with stakeholders to translate business specs to consumer facing stimulus
- Data lead decision making by linking consumer surveys with Analytics for a holistic impact analysis
- Support cross functional organization imperatives to gain insights/quick fixes on tactical business questions
- Ensure consumer understanding /Insights are disseminated at appropriate forums for higher stakeholder involvement - Circle/Branch /Marketing meets
- Identify suitable agencies based on research requirements
- Managing research partners to ensure quality & timely outputs
- Work closely with agency as partners to ensure clear understanding of objectives from the research
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