9:59:59.000,9:59:59.000 Like a lot of people around the world, 9:59:59.000,9:59:59.000 earlier this summer[br]my friends and I were obsessed 9:59:59.000,9:59:59.000 with the Women's World Cup held in France. 9:59:59.000,9:59:59.000 Here we are, watching[br]these incredible athletes, 9:59:59.000,9:59:59.000 the goals were amazing,[br]the games were clean and engaging, 9:59:59.000,9:59:59.000 and at the same time, outside the field, 9:59:59.000,9:59:59.000 these women are talking about equal pay, 9:59:59.000,9:59:59.000 and in the case of some countries,[br]any pay at all for their sport. 9:59:59.000,9:59:59.000 So because we were mildly obsessed,[br]we wanted to watch the games live, 9:59:59.000,9:59:59.000 and we decided that one of[br]the Spanish-speaking networks in the US 9:59:59.000,9:59:59.000 was the best place for us to start, 9:59:59.000,9:59:59.000 and it wasn't until a few games[br]into the tournament 9:59:59.000,9:59:59.000 that a friend of mine[br]talks to me and says, 9:59:59.000,9:59:59.000 "Why does it feel like[br]everything I'm seeing 9:59:59.000,9:59:59.000 is commercials for makeup and[br]household cleaning products and diets?" 9:59:59.000,9:59:59.000 It did feel a little bit too obvious, 9:59:59.000,9:59:59.000 and I don't know if[br]we were sensitive about it 9:59:59.000,9:59:59.000 or the fact that we were watching[br]with men and boys in our lives, 9:59:59.000,9:59:59.000 but it did feel a little bit too obvious 9:59:59.000,9:59:59.000 that we're being targeted for being women. 9:59:59.000,9:59:59.000 And to be honest there's nothing[br]necessarily wrong with that. 9:59:59.000,9:59:59.000 Someone sat down and looked[br]at the tournament and said, 9:59:59.000,9:59:59.000 "Well, this thing is likely[br]to be seen by more women, 9:59:59.000,9:59:59.000 these women are Hispanic[br]because they're watching in Spanish, 9:59:59.000,9:59:59.000 and this is women content. 9:59:59.000,9:59:59.000 Therefore, this is a great place for me[br]to place all these commercials 9:59:59.000,9:59:59.000 that are female-centric[br]and maybe not other things." 9:59:59.000,9:59:59.000 If I think about it as a marketer, 9:59:59.000,9:59:59.000 I know that I absolutely[br]should not be annoyed about it, 9:59:59.000,9:59:59.000 because this is what marketers[br]are tasked with doing. 9:59:59.000,9:59:59.000 Marketers are tasked with building brands[br]with very limited budget, 9:59:59.000,9:59:59.000 so there's a little bit of an incentive 9:59:59.000,9:59:59.000 to categorize people in buckets 9:59:59.000,9:59:59.000 so they can reach their target faster. 9:59:59.000,9:59:59.000 So if you think about this, 9:59:59.000,9:59:59.000 it's kind of like a shortcut. 9:59:59.000,9:59:59.000 They're using gender as a shortcut[br]to get to their target consumer. 9:59:59.000,9:59:59.000 The issue is that as logical[br]as that argument seems, 9:59:59.000,9:59:59.000 gender as a shortcut[br]is actually not great. 9:59:59.000,9:59:59.000 In this day and age, if you still[br]blindly use a gender view 9:59:59.000,9:59:59.000 for your marketing activities, 9:59:59.000,9:59:59.000 actually it's just plain bad business. 9:59:59.000,9:59:59.000 I'm not talking even about the backlash[br]on stereotypes in advertising, 9:59:59.000,9:59:59.000 which is a very real thing[br]that has to be addressed. 9:59:59.000,9:59:59.000 I'm saying it's bad business because[br]you're leaving money on the table 9:59:59.000,9:59:59.000 for your brands and your products. 9:59:59.000,9:59:59.000 Because gender is such an easy thing[br]to find in the market 9:59:59.000,9:59:59.000 and to target and to talk about, 9:59:59.000,9:59:59.000 it actually distracts you[br]from the fun things 9:59:59.000,9:59:59.000 that could be driving growth[br]from your brands, 9:59:59.000,9:59:59.000 and, at the same time, 9:59:59.000,9:59:59.000 it continues to create[br]separation around genders 9:59:59.000,9:59:59.000 and perpetuating stereotypes. 9:59:59.000,9:59:59.000 So at the same time this activity[br]is bad for your business 9:59:59.000,9:59:59.000 and bad for society, so double whammy. 9:59:59.000,9:59:59.000 And gender is one of those things[br]like other demographics 9:59:59.000,9:59:59.000 that have historically been[br]good marketing shortcuts. 9:59:59.000,9:59:59.000 At some point, however, 9:59:59.000,9:59:59.000 we forgot that at the core[br]we were targeting needs 9:59:59.000,9:59:59.000 around cooking and cleaning[br]and personal care and driving and sports 9:59:59.000,9:59:59.000 and we just made it all a bucket and[br]we said, "Men and women are different." 9:59:59.000,9:59:59.000 We got used to it and[br]we never challenged it again, 9:59:59.000,9:59:59.000 and it's fascinating to me 9:59:59.000,9:59:59.000 and by fascinating I mean[br]a little bit insane 9:59:59.000,9:59:59.000 that we still talk about this as a segment 9:59:59.000,9:59:59.000 when it's most likely carryover bias. 9:59:59.000,9:59:59.000 In fact, I don't come[br]to this conclusion lightly. 9:59:59.000,9:59:59.000 We have enough data to suggest[br]that gender is not the best place 9:59:59.000,9:59:59.000 to start for you to design[br]and target your brands. 9:59:59.000,9:59:59.000 And I would even go one step further: 9:59:59.000,9:59:59.000 unless you are working in[br]a very gender-specific product category, 9:59:59.000,9:59:59.000 probably anything else 9:59:59.000,9:59:59.000 you're hypothesizing about[br]your consumer right now 9:59:59.000,9:59:59.000 is going to be more useful than gender. 9:59:59.000,9:59:59.000 We did not set up to draw[br]this conclusion specifically. 9:59:59.000,9:59:59.000 We found it. 9:59:59.000,9:59:59.000 As consultants, our job[br]is to go with our clients 9:59:59.000,9:59:59.000 and understand their business 9:59:59.000,9:59:59.000 and try to help them find spaces[br]for their brands to grow, 9:59:59.000,9:59:59.000 and it is our belief that if you want[br]to find disruptive growth in the market, 9:59:59.000,9:59:59.000 you have to go to the consumer 9:59:59.000,9:59:59.000 and take a very agnostic view[br]of the consumer. 9:59:59.000,9:59:59.000 You have to go and look[br]at them from scratch, 9:59:59.000,9:59:59.000 remove yourself from biases and segments[br]that you thought were important, 9:59:59.000,9:59:59.000 just take a look to see[br]where the growth is. 9:59:59.000,9:59:59.000 And we built ourselves[br]an algorithm precisely for that. 9:59:59.000,9:59:59.000 So imagine that we have a person[br]and we know a person 9:59:59.000,9:59:59.000 is making a choice[br]about a product or service, 9:59:59.000,9:59:59.000 and from this person, I can know[br]their gender, of course, 9:59:59.000,9:59:59.000 other demographics, where they live,[br]their income, other things. 9:59:59.000,9:59:59.000 I know the context where[br]this person is making a decision, 9:59:59.000,9:59:59.000 where they are, who they're with, 9:59:59.000,9:59:59.000 the energy, anything, 9:59:59.000,9:59:59.000 and I can also put[br]other things in the mix. 9:59:59.000,9:59:59.000 I can know their attitudes, 9:59:59.000,9:59:59.000 how they feel about the category, 9:59:59.000,9:59:59.000 their behaviors. 9:59:59.000,9:59:59.000 So if you imagine this kind of blob[br]of big data about a person, 9:59:59.000,9:59:59.000 I'm going to oversimplify the science here 9:59:59.000,9:59:59.000 but we basically built an algorithm[br]for statistical tournaments. 9:59:59.000,9:59:59.000 So a statistical tournament[br]is like asking this big thing of data, 9:59:59.000,9:59:59.000 "So, data, from everything[br]you know about consumers at this point, 9:59:59.000,9:59:59.000 what is the most[br]useful thing I need to know 9:59:59.000,9:59:59.000 that tells me more[br]about what consumers need? 9:59:59.000,9:59:59.000 So the tournament is going[br]to have winners and losers. 9:59:59.000,9:59:59.000 The winners are those variables,[br]those dimensions, 9:59:59.000,9:59:59.000 that actually teach you[br]a lot about your consumer, 9:59:59.000,9:59:59.000 that if you know that,[br]you know what they need, 9:59:59.000,9:59:59.000 and there's losing variables[br]that are just not that practical, 9:59:59.000,9:59:59.000 and this matters because[br]in a world of limited resources, 9:59:59.000,9:59:59.000 you don't want to waste it on people[br]that actually have the same needs. 9:59:59.000,9:59:59.000 So why treat them differently? 9:59:59.000,9:59:59.000 So at this point, I know,[br]suspense is not killing you, 9:59:59.000,9:59:59.000 because I told you what the output is, 9:59:59.000,9:59:59.000 but what we found over time 9:59:59.000,9:59:59.000 is, after 200 projects around the world,[br]this is covering 20 countries or more, 9:59:59.000,9:59:59.000 in essence we ran about[br]a hundred thousand of these tournaments, 9:59:59.000,9:59:59.000 and, no surprise, gender was very rarely[br]the most predictive thing 9:59:59.000,9:59:59.000 to understand consumer needs. 9:59:59.000,9:59:59.000 From a hundred thousand tournaments, 9:59:59.000,9:59:59.000 gender only came out[br]as the winning variable 9:59:59.000,9:59:59.000 in about five percent of them. 9:59:59.000,9:59:59.000 This is true around the world, by the way. 9:59:59.000,9:59:59.000 We did this in places where[br]traditional gender roles 9:59:59.000,9:59:59.000 are little more pronounced, 9:59:59.000,9:59:59.000 and the conclusions were exactly the same. 9:59:59.000,9:59:59.000 It was a little bit more important,[br]gender, than five percent, 9:59:59.000,9:59:59.000 but not material.