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Explore industry trends, research methods, and tips for your own research projects in the Versta Research Blog. All opinions are our own, and some may change over time.
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I’ve always been intrigued by the promises of data mining because it offers such a magical solution to much of what we do in market research. If only we had a tool or technology that would discover hidden patterns and insights in our data. We would not have to think so hard, or work so…
One resource that we give far too little thought in market research are the people who offer their time and thoughts about the stuff we are researching. They are truly the lifeblood of market research. An article in the spring 2011 issue of Public Opinion Quarterly looks at trends over the last thirty years in…
One of the most powerful pieces of advice our clients sometimes hear is to stop researching and start marketing. In fact, a client told us yesterday that our presentation of findings last year was good, useful, impressive . . . all that. But it was when we said, “Stop worrying about the next level of…
Learning the math behind market research is not easy because there is no programmatic way to master it as a body of learning. It is not like algebra, geometry, calculus, or statistics in high school or college. It is complex and multifaceted and draws upon nearly every area of theoretical mathematics, but it must be…
Our March 2011 newsletter focuses on conjoint research, which we consider to be one of the most clever and powerful techniques of survey research. Why? Because it allows us to build working models of decision-making. Conjoint works by presenting people with scenarios that are more like the real-life trade-offs they always make. For example, instead…
One might think that with evolving technologies, the old-fashioned ways of doing research, like using paper and pencil, might disappear. But it turns out that paper surveys are not dead, and here is a nice example that dramatically illustrates their value. As newly-appointed director of market research for the American Marketing Association in Chicago, I…
Yesterday nearly one hundred marketers and researchers met in Chicago to talk about new directions in marketing research. Our topic: Measuring the Un-Measurable. The event was organized by the AMA’s market research group in Chicago, headed by Joe Hopper, president of Versta Research. The event brought together professionals from companies such as Cargill, Allstate, US…
After spending $65 million and previewing the show over sixty times since the end of last year, the producers of the new Spider-Man musical in New York are turning to focus groups and surveys in hopes that market research can do something…anything…to save the amazing Spider-Man from destruction. Last week, theater critics roundly panned the…
Last quarter we wrote about Magic Numbers in Market Research—those arbitrary rules of thumb and cut-off points we use when quoting things like minimum samples sizes or how many people to include in a focus group. Presto! Like magic, the issue appeared in the New York Times a few weeks ago, this time related to…
Research can be powerful for PR efforts because new data and analysis often help anchor a story with facts and figures that have a deep interest and appeal to readers. But if the research is not clearly designed to support key messages in your PR plan, you may find yourself apologizing to managers for a…