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Where big data is all about seeking correlations - and thus to make incremental changes - small data is all about causations - seeking to understand the reasons why.

Martin Lindstrom

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Martin Lindstrom
Age: 54
Born: 1970
Born: January 1
Author
Writer
DK
Martinas Lindstromas
Small
Incremental
Bigs
Causation
Understand
Correlation
Reason
Data
Make
Reasons
Seeking
Thus
Changes
Correlations

More quotes by Martin Lindstrom

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We're no longer bored - in fact we're petrified of being alone with ourselves getting bored. Yet boredom is the foundation for creativity - an asset slowly disappearing from our world.
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Fear can come across in absence of sharp corners, locked windows in hotel rooms, locks, passwords, security...fairytales (the type of storylines)...in fact everywhere.
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Spinning out of my neuromarketing work where, based on scanning the brains of 2,000 respondents' brains using fMRI, we learned that there's a huge correlation between religion and branding - and thus the way that brands intend to generate customer evangelism are to be constructed.
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Imagine Pepsi without Coke. Impossible, right?
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I think it is fair to say that the end goal might be a demand yet your focus when building brands should rarely focus on this objective.
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Powerful brands in the future will instead carefully choose who'd they'd love to be friends with - and who they'd be comfortable upsetting.
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Once such emotional engagement has been created - demand will always follow - yet one could say the side product of your effort is demand the primary purpose is to create love.
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If we define value as emotions - and emotional engagement...i.e. love!
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We're all obsessed with our smartphones and thus really don't see anything around us.
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A global brand building strategy is, in reality, a local plan for every market.
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Small Data is not about testing concepts - it is more to create the foundation for innovative brand thinking.
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Products are produced in the factory brands are produced in our minds.
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If you were to close your eyes and walk into a place of worship, the sounds and smells would alert you to where you were: ringing bells, incense, the rumble of a massive organ. Most brands are lacking these sensory stimuli.
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Think about it - what's the first thing you do when waiting for someone who's late? Grab your smartphone and do something with it ...anything with it - so that you don't look like a loser. However by doing so we've lost our ability to be present - to observe, to connect with others and most importantly to be bored.
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I did however realize that only 4% of the world's population turns creative when in contact with water and thus we dialed this dimension down and changed direction.
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The reality is that a brand can no longer afford to be friends with everyone.
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The consumer has become increasingly sophisticated in the way they obtain and digest information - of the simple reason that they've become comfortable about building and maintaining their own personal brands. This has thickened their filter and as a result made them become more critical towards advertising and communication.
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Opinion free brands simply will struggle to survive in the future - of that simple reason that we increasingly want to associate ourselves with opinionated and authentic brands.
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A brand is an emotional construct. It helps you to project an image to the world which you'd like to own.
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The world's holy texts are built on ancient oral traditions.
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