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Could YOU guess the Amount Of Jelly Beans?

Could YOU guess the Amount Of Jelly Beans?
25/11/2021

On the 16th and 17th November 2021, Vision One attended the B2B Marketing Expo for the first time. The two-day event was held in the London ExCel Centre, with thousands in attendance alongside hundreds of exhibitors and speakers from the UK and internationally. It felt amazing to be back in a real face-to-face setting.

The Wisdom of the Crowd This year we decided to try something different at the exhibition in order to stand out and grab everyone’s attention, and it worked!

We took what appeared to be a very simple game. The simple premise was that everyone visiting our stand would guess the number of jelly beans in a jar (shown opposite). However, this game was actually a scientific study designed to test an important theory that many in business are perhaps unaware of.

The theory, otherwise known as ‘The Wisdom of the Crowd’ was written and developed by James Surowiecki – which put forward the idea that large groups of people are smarter than the elite few. This is more than a theory – it's FACT! Indeed, evidence suggests that market research which captures the views of the many is superior to any expert or consultant.

In short, the results of our small scale study incredibly confirmed the power of "the Crowd". The average of all guesses was only 30 (1.5%) away from the correct number and more accurate than any single guess!

The Secrets of Brand Success

This year we held a seminar hosted by Managing Director, Tony Lewis titled “The Secrets to Brand Success”. The paper was extremely well received and highlighted new insights from research into the factors and drivers of Brand Growth. Earlier this year, Vision One conducted a large scale survey into business performance to understand the differences between growing and declining brands. On the back of this study, we created a short report that summarises how companies from any shape or size can build their business by following four simple ideas. We call these the 4 D’s - which represent; Dynamic, Discoverable, Distinctive and Desirable.

The audience was clearly captivated by the results, and the appetite for new and actionable insights was clear to see. Due to popular demand, we are now creating a webinar on the topic to publish early Spring 2022. So watch this space for more impactful insights!

For more information on  Could YOU guess the Amount Of Jelly Beans?  talk to  Vision One Research

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