On Lust and Tracking Studies

An industry colleague (another owner of a market research firm) once said to me, “We all lust after those big tracking studies.”  For most market research firms, tracking studies are attractive because they involve big samples, multiple ongoing deliverables, and multi-year commitments, all of which means predictable, ongoing (and sometimes substantial) revenue. At Versta Research,…

New Tools “Rescue” Failing Surveys with Synthetic Respondents (We Recommend Against This)

At a moment when our industry is scandalized by a panel provider having been indicted for selling fraudulent survey respondents, in comes another provider that is doing nearly the same thing with absolutely full disclosure. The catch? They are using AI to do it, and dressing it up with phrases like “contextually relevant” and “statistically…