Consumer insights are over-rated: Adam Ferrier on the risks of listening to consumers too much

Thinkerbell co-founder Adam Ferrier has said that if consumer insights were used during the creation of Vegemite, the spread wouldn’t even exist, which is why sometimes putting the consumer at the heart of the business isn’t the right choice.

“What you want to put at the heart, at the very core of your business, is your brand and building a brand that consumers then want, understanding what your brand stands for and putting that before anything else,” Ferrier said.

“If we did consumer insights today with Vegemite and did some focus groups and some sensory testing, [I] guarantee you, Vegemite wouldn’t exist. I don’t think Vegemite would pass sensory testing and focus groups today. “

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