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…
The bowls of M&Ms, the soft drinks, the boxed sandwiches for the research team. The costs of a focus group really add up, don’t they? Well, suppose you brought in a troupe of improvisational comedians for the group. What would that cost? Um, how does $65,000 sound? That is a steep price for innovation, but…
Getting good responses to open-ended questions via online surveys is a challenge. So much so, that new technologies have evolved to probe on responses just as live interviewers used to probe people on phone surveys. But can you get really outstanding open-end responses to online surveys without fancy technology? The answer is yes, it just…
One of the most useful techniques for in-depth qualitative interviewing is to ask respondents not only what they think, but what their friends, family, or colleagues think. It opens a whole new level of conversation and insight because all of the sudden respondents feel free to talk about their understanding and assessment of the world…
Versta Research’s winter newsletter comes out next week, which will focus on some new approaches to faster (and cheaper) market research. In the meantime we have been thinking a good deal about where to invest in new methods and innovation during the coming year so that we continue to make our work better and smarter…
When all of the hype and uncertainty around social media settles down, market researchers will likely see it as “merely” another useful channel through which to gather data and opinions from the audiences they care about, just like surveys, focus groups, or ethnographies. In the meantime it is good fun to read articles, like this…
If you want to know the future of market research, forget about what the futurists and innovation gurus have to say. Instead, just ask the next generation of marketing and business professionals—the people who will be our future. That’s what we did in a recent survey of business students about market research. We talked with …
Summer provides an ideal opportunity to learn from our research colleagues in the academic worlds. Many of them offer short, intensive “summer camp” training that is relevant and practical for market researchers. You get training that is far more rigorous and comprehensive than courses offered by “training institutes” and other commercial providers. Here are our…
An issue we continually struggle with at Versta Research is how to automate the research process and leverage new technologies without losing the essence of what good research does. Good research does not report data, build charts, or generate dashboards. It learns, answers new questions, interprets data, and helps users focus on information and findings…
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…