1 99:59:59,999 --> 99:59:59,999 Like a lot of people around the world, 2 99:59:59,999 --> 99:59:59,999 earlier this summer my friends and I were obsessed 3 99:59:59,999 --> 99:59:59,999 with the Women's World Cup held in France. 4 99:59:59,999 --> 99:59:59,999 Here we are, watching these incredible athletes, 5 99:59:59,999 --> 99:59:59,999 the goals were amazing, the games were clean and engaging, 6 99:59:59,999 --> 99:59:59,999 and at the same time, outside the field, 7 99:59:59,999 --> 99:59:59,999 these women are talking about equal pay, 8 99:59:59,999 --> 99:59:59,999 and in the case of some countries, any pay at all for their sport. 9 99:59:59,999 --> 99:59:59,999 So because we were mildly obsessed, we wanted to watch the games live, 10 99:59:59,999 --> 99:59:59,999 and we decided that one of the Spanish-speaking networks in the US 11 99:59:59,999 --> 99:59:59,999 was the best place for us to start, 12 99:59:59,999 --> 99:59:59,999 and it wasn't until a few games into the tournament 13 99:59:59,999 --> 99:59:59,999 that a friend of mine talks to me and says, 14 99:59:59,999 --> 99:59:59,999 "Why does it feel like everything I'm seeing 15 99:59:59,999 --> 99:59:59,999 is commercials for makeup and household cleaning products and diets?" 16 99:59:59,999 --> 99:59:59,999 It did feel a little bit too obvious, 17 99:59:59,999 --> 99:59:59,999 and I don't know if we were sensitive about it 18 99:59:59,999 --> 99:59:59,999 or the fact that we were watching with men and boys in our lives, 19 99:59:59,999 --> 99:59:59,999 but it did feel a little bit too obvious 20 99:59:59,999 --> 99:59:59,999 that we're being targeted for being women. 21 99:59:59,999 --> 99:59:59,999 And to be honest there's nothing necessarily wrong with that. 22 99:59:59,999 --> 99:59:59,999 Someone sat down and looked at the tournament and said, 23 99:59:59,999 --> 99:59:59,999 "Well, this thing is likely to be seen by more women, 24 99:59:59,999 --> 99:59:59,999 these women are Hispanic because they're watching in Spanish, 25 99:59:59,999 --> 99:59:59,999 and this is women content. 26 99:59:59,999 --> 99:59:59,999 Therefore, this is a great place for me to place all these commercials 27 99:59:59,999 --> 99:59:59,999 that are female-centric and maybe not other things." 28 99:59:59,999 --> 99:59:59,999 If I think about it as a marketer, 29 99:59:59,999 --> 99:59:59,999 I know that I absolutely should not be annoyed about it, 30 99:59:59,999 --> 99:59:59,999 because this is what marketers are tasked with doing. 31 99:59:59,999 --> 99:59:59,999 Marketers are tasked with building brands with very limited budget, 32 99:59:59,999 --> 99:59:59,999 so there's a little bit of an incentive 33 99:59:59,999 --> 99:59:59,999 to categorize people in buckets 34 99:59:59,999 --> 99:59:59,999 so they can reach their target faster. 35 99:59:59,999 --> 99:59:59,999 So if you think about this, 36 99:59:59,999 --> 99:59:59,999 it's kind of like a shortcut. 37 99:59:59,999 --> 99:59:59,999 They're using gender as a shortcut to get to their target consumer. 38 99:59:59,999 --> 99:59:59,999 The issue is that as logical as that argument seems, 39 99:59:59,999 --> 99:59:59,999 gender as a shortcut is actually not great. 40 99:59:59,999 --> 99:59:59,999 In this day and age, if you still blindly use a gender view 41 99:59:59,999 --> 99:59:59,999 for your marketing activities, 42 99:59:59,999 --> 99:59:59,999 actually it's just plain bad business. 43 99:59:59,999 --> 99:59:59,999 I'm not talking even about the backlash on stereotypes in advertising, 44 99:59:59,999 --> 99:59:59,999 which is a very real thing that has to be addressed. 45 99:59:59,999 --> 99:59:59,999 I'm saying it's bad business because you're leaving money on the table 46 99:59:59,999 --> 99:59:59,999 for your brands and your products. 47 99:59:59,999 --> 99:59:59,999 Because gender is such an easy thing to find in the market 48 99:59:59,999 --> 99:59:59,999 and to target and to talk about, 49 99:59:59,999 --> 99:59:59,999 it actually distracts you from the fun things 50 99:59:59,999 --> 99:59:59,999 that could be driving growth from your brands, 51 99:59:59,999 --> 99:59:59,999 and, at the same time, 52 99:59:59,999 --> 99:59:59,999 it continues to create separation around genders 53 99:59:59,999 --> 99:59:59,999 and perpetuating stereotypes. 54 99:59:59,999 --> 99:59:59,999 So at the same time this activity is bad for your business 55 99:59:59,999 --> 99:59:59,999 and bad for society, so double whammy. 56 99:59:59,999 --> 99:59:59,999 And gender is one of those things like other demographics 57 99:59:59,999 --> 99:59:59,999 that have historically been good marketing shortcuts. 58 99:59:59,999 --> 99:59:59,999 At some point, however, 59 99:59:59,999 --> 99:59:59,999 we forgot that at the core we were targeting needs 60 99:59:59,999 --> 99:59:59,999 around cooking and cleaning and personal care and driving and sports 61 99:59:59,999 --> 99:59:59,999 and we just made it all a bucket and we said, "Men and women are different." 62 99:59:59,999 --> 99:59:59,999 We got used to it and we never challenged it again, 63 99:59:59,999 --> 99:59:59,999 and it's fascinating to me 64 99:59:59,999 --> 99:59:59,999 and by fascinating I mean a little bit insane 65 99:59:59,999 --> 99:59:59,999 that we still talk about this as a segment 66 99:59:59,999 --> 99:59:59,999 when it's most likely carryover bias. 67 99:59:59,999 --> 99:59:59,999 In fact, I don't come to this conclusion lightly. 68 99:59:59,999 --> 99:59:59,999 We have enough data to suggest that gender is not the best place 69 99:59:59,999 --> 99:59:59,999 to start for you to design and target your brands. 70 99:59:59,999 --> 99:59:59,999 And I would even go one step further: 71 99:59:59,999 --> 99:59:59,999 unless you are working in a very gender-specific product category, 72 99:59:59,999 --> 99:59:59,999 probably anything else 73 99:59:59,999 --> 99:59:59,999 you're hypothesizing about your consumer right now 74 99:59:59,999 --> 99:59:59,999 is going to be more useful than gender. 75 99:59:59,999 --> 99:59:59,999 We did not set up to draw this conclusion specifically. 76 99:59:59,999 --> 99:59:59,999 We found it. 77 99:59:59,999 --> 99:59:59,999 As consultants, our job is to go with our clients 78 99:59:59,999 --> 99:59:59,999 and understand their business 79 99:59:59,999 --> 99:59:59,999 and try to help them find spaces for their brands to grow, 80 99:59:59,999 --> 99:59:59,999 and it is our belief that if you want to find disruptive growth in the market, 81 99:59:59,999 --> 99:59:59,999 you have to go to the consumer 82 99:59:59,999 --> 99:59:59,999 and take a very agnostic view of the consumer. 83 99:59:59,999 --> 99:59:59,999 You have to go and look at them from scratch, 84 99:59:59,999 --> 99:59:59,999 remove yourself from biases and segments that you thought were important, 85 99:59:59,999 --> 99:59:59,999 just take a look to see where the growth is. 86 99:59:59,999 --> 99:59:59,999 And we built ourselves an algorithm precisely for that. 87 99:59:59,999 --> 99:59:59,999 So imagine that we have a person and we know a person 88 99:59:59,999 --> 99:59:59,999 is making a choice about a product or service, 89 99:59:59,999 --> 99:59:59,999 and from this person, I can know their gender, of course, 90 99:59:59,999 --> 99:59:59,999 other demographics, where they live, their income, other things. 91 99:59:59,999 --> 99:59:59,999 I know the context where this person is making a decision, 92 99:59:59,999 --> 99:59:59,999 where they are, who they're with, 93 99:59:59,999 --> 99:59:59,999 the energy, anything, 94 99:59:59,999 --> 99:59:59,999 and I can also put other things in the mix. 95 99:59:59,999 --> 99:59:59,999 I can know their attitudes, 96 99:59:59,999 --> 99:59:59,999 how they feel about the category, 97 99:59:59,999 --> 99:59:59,999 their behaviors. 98 99:59:59,999 --> 99:59:59,999 So if you imagine this kind of blob of big data about a person, 99 99:59:59,999 --> 99:59:59,999 I'm going to oversimplify the science here 100 99:59:59,999 --> 99:59:59,999 but we basically built an algorithm for statistical tournaments. 101 99:59:59,999 --> 99:59:59,999 So a statistical tournament is like asking this big thing of data, 102 99:59:59,999 --> 99:59:59,999 "So, data, from everything you know about consumers at this point, 103 99:59:59,999 --> 99:59:59,999 what is the most useful thing I need to know 104 99:59:59,999 --> 99:59:59,999 that tells me more about what consumers need? 105 99:59:59,999 --> 99:59:59,999 So the tournament is going to have winners and losers. 106 99:59:59,999 --> 99:59:59,999 The winners are those variables, those dimensions, 107 99:59:59,999 --> 99:59:59,999 that actually teach you a lot about your consumer, 108 99:59:59,999 --> 99:59:59,999 that if you know that, you know what they need, 109 99:59:59,999 --> 99:59:59,999 and there's losing variables that are just not that practical, 110 99:59:59,999 --> 99:59:59,999 and this matters because in a world of limited resources, 111 99:59:59,999 --> 99:59:59,999 you don't want to waste it on people that actually have the same needs. 112 99:59:59,999 --> 99:59:59,999 So why treat them differently? 113 99:59:59,999 --> 99:59:59,999 So at this point, I know, suspense is not killing you, 114 99:59:59,999 --> 99:59:59,999 because I told you what the output is, 115 99:59:59,999 --> 99:59:59,999 but what we found over time 116 99:59:59,999 --> 99:59:59,999 is, after 200 projects around the world, this is covering 20 countries or more, 117 99:59:59,999 --> 99:59:59,999 in essence we ran about a hundred thousand of these tournaments, 118 99:59:59,999 --> 99:59:59,999 and, no surprise, gender was very rarely the most predictive thing 119 99:59:59,999 --> 99:59:59,999 to understand consumer needs. 120 99:59:59,999 --> 99:59:59,999 From a hundred thousand tournaments, 121 99:59:59,999 --> 99:59:59,999 gender only came out as the winning variable 122 99:59:59,999 --> 99:59:59,999 in about five percent of them. 123 99:59:59,999 --> 99:59:59,999 This is true around the world, by the way. 124 99:59:59,999 --> 99:59:59,999 We did this in places where traditional gender roles 125 99:59:59,999 --> 99:59:59,999 are little more pronounced, 126 99:59:59,999 --> 99:59:59,999 and the conclusions were exactly the same. 127 99:59:59,999 --> 99:59:59,999 It was a little bit more important, gender, than five percent, 128 99:59:59,999 --> 99:59:59,999 but not material.