The Economist ran an article a few weeks ago from which I have borrowed the title of this post. It puzzles over British politicians railing against focus groups for message testing and trying to understand voter sentiment, while continuing to rely on them as heavily as ever. “In an era when voters are monitored, tracked…
A feature story on the Versta Research website is about mapping shopper segments onto buyer segments. That story may have had you asking how we measured and defined those segments in the first place. The answer: by devising careful and nuanced survey questions to capture what our qualitative research partners learned about how consumers assess,…
There is a small academic niche in market research that relies heavily on extremely cheap crowdsourcing for data. But before getting up in arms about the reliability and validity of such data, you should know this: They used to rely heavily on students enrolled in their college classes for data. Remember having to work six…
Or, at least, design thinking should be invading your market research, because it is invading the brains of business executives. The New York Times describes IBM as being on a mission to hire 1,500 design school graduates, and embedding them in all of its product teams. The Harvard Business Review published an issue in September…
Recent social psychological research on consumer decision making suggests that making choices and deciding among alternatives depletes mental energy. With each choice we make, it gets harder and harder to make the next choice, and our brains start looking for “shortcuts” to make the task easier. The research, reported this week in The New York…