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Disclosure

  • Disclosure
    Nobody pays me to write any of the copy on my blog, and should I ever have the good fortune that they do, I will declare it. How do I make my money? I am lucky to have several sources of income, although producing different amounts. Firstly, I am director and equity holder with Virtual Surveys. I also own and operate The Future Place consultancy. The Future Place provide two key services 1) training and services to industry and academic bodies and 2) consultancy services to companies. The details of the companies I work with are a private matter, but if I blog about any company who has paid The Future Place recently (approx two years) I will mention that they are a client. Colmar Brunton is a major client of The Future Places, with an exclusinve partnership in terms of the Asia-Pacific region. The industry and academic organisations for whom I have provided services in return for compensation over the last couple of years are (listed alphabetically): AMSRS, ESOMAR, MRS, and University of Georgia. Additionally I am an elected Councillor with Gedling Borough Council. I am currently a back bench member, which means I receive an annual sum of £3,500, and I am entitled to claim out-of-pocket expenses. Organisations I am a member of (listed alphabetically) inlcude: ESOMAR MRS CND Liberal Democrat Party Association of Liberal Democrat Councillors, National Trust, and Mellish Rugby Football Club.

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What makes a great conference?

Following the recent success of our  study about market research presentations, download a copy here or the Research article here, I have teamed up with Zinc Research Dufferin Research to conduct a larger project looking into what makes a great conference.

As with earlier project the first step is a survey, which will link to live updates of the data for people taking part, and then to a report that will be published and made freely available.

You can take the survey inside Facebook by using this link

Or you can take the free standing survey by using this link

We have also created a discussion space on MRSpace to allow the results to be discussed further. The discussion will include a link to the results shortly.

Google Wave, the next big thing?

Simon alerted me today to Google Wave, which made me look out of date, but I am guessing they there are many people who even later to the game than me.

You watch a really long video about Google Wave here. It is about 1 hour 20 minutes.

I think there are lots of really interesting ideas, and it is certainly possible that Wave will change the way we handle chat, email, blogging, collaborating etc.

My main doubts are twofold. 1) Anarchy seems to be preferred at the moment to systems, 2) I think the fact it comes from Google will put many corporations and individuals off (not safe enough for corporates, to much a big corporation for many individuals).

However, I do think that bits of what we see in this video are signposting some of the big changes we will see over the next couple of years.

What Quantitative Techniques do we Use? The Report

Over the last few weeks I have been researching what research techniques are in common use in market research and over the weekend I have finished the report Download Quantitative Research June 2009.

The report is based on the responses from 138 researchers from 35 countries, with all the data collected in June 2009.

Following requests, later in the year there will be a follow up study looking at qualitative techniques.

In Praise of Maritz Stats

Many years ago I briefly, and happily, worked for Maritz (when Maritz bought The Research Business). One of the things I discovered at that time was a great free utility they provided called Maritz Stats, a simple to use significance testing program, which covers the main techniques such as t-test, z-test, paired tests, and Chi-square.

I needed to recommend a solution to somebody today and was delighted to discover that Maritz still make this program freely available.

If you want to download it you can find it here.

Where do you fit in?

In the UK the IFS (the Institute for Fiscal Studies) have a great online calculator for working out where you sit in terms of the UK distribution of incomes.

As well as being interesting, the graph at the end is a great reminder to market researchers to avoid using the mean when reporting age. The UK distribution is so skewed that the modal and median income are a long way below the mean income. In terms of 'in the street' conversations, this means that most people earn less than the average wage!

Synovate's new corporate video

For a while now most of the running in the use of online videos to promote market research companies has been done by TNS and Synovate. On Emiel van Wegen's blog I spotted that Synovate has a new video, and it certainly catches the eye.



Many people, me included, will be worried that it is too politically incorrect, but it does articulate the Synovate message well.

Here is the latest TNS Grocery Report. TNS have beeen releasing these on a monthly basis for a while now. The data is really interesting, but I feel they need to learn more from TV news programs in terms of making the information come alive.

Is New MR taking quantitative budgets to deliver qualitative benefits

The advent of online qualitative research has been predicted and announced for over a decade now. First with moderated email groups, then online focus groups, then bulletin board groups, and more recently video enabled online focus groups and virtual world focus groups. Whilst all of these efforts have been interesting and have generated some noteworthy results, none established themselves as a major part of the toolkit of market research.

At long last, all that may be changing. Online qualitative may finally be arriving, as part of a larger change to both society and research.

Google, Facebook, and Wikipedia changed the world and dragged almost one-in-four of the world’s population online, with current users numbering approximately 1.6 billion. The next phase of this massively disruptive change is being led by innovations such as twitter, iPhone, and Google Latitude.

The first wave of the Internet gave people the chance to connect to central services, as online banking, search engines, and news. The second wave, Web 2.0, was to give people the chance to connect with each other and to create their own content. The latest wave is all about being connected all the time, in a way that almost forgets that the Internet is method that makes it happen. In the words of Iggy Pintado, in his book Connection Generation, we are becoming “Super Connectors”, whilst Mark Earls, author of Herd, describes us as the “Super Social Ape”.

The consequence for research is that we are finding that we need to be involved in the lives of consumers. We are learning to have ongoing conversations with customers. These conversations engage people as they live, not by asking people to try to recall their history or by asking them to ‘project’ into hypothetical futures, but by experiencing things with them.

This new paradigm for research, immersed in people’s lives, is what I am referring to as New MR. The leading examples of this New MR, at the moment, come from online research communities. These communities bring marketers, customers, and researchers together in an ongoing conversation.

Head of Synovate, Adrian Chedore, has described communities as the fastest growing aspect of market research, and the reason for his deal with Vision Critical. However, unlike online data collection, online communities are a true category destroyer. Communities compete for quantitative research budgets, but deliver qualitative research benefits. Communities transform the researcher from the ‘hidden observer’ to an active participant, co-creating value with both the brand and the customers.

At the leading edge, communities are collaborating with their members, encouraging them to become crowd-sourced researchers. The exciting part about e-ethnography is the way that the process of observation and analysis is shared between the researcher and the members.

I suspect the next few years are going to be like a game of musical chairs as companies move their projects from one mindset to another, for example from a brand tracker to monitoring blogs, and a cust sat from quant to an online community, focusing on discussions about real experiences.

Quant Survey Going Well

After a day the survey looking at quant techniques has over 100 replies and the pattern is looking pretty stable.

Although none of the results amaze me, I was surprised to see CHAID and TURF so low on the frequency of use, and Discriminant Analysis is proving a tad more popular than I expected.

If you would like to take part in the survey click here.

If you'd like to see the results so far click here.

What are the most widely used quant techniques?

I am currently helping re-write an online marketing research course with a US institution and it has become apparent that most of the leading text books focus on techniques that most of us in the industry do not use, at least not on a regular basis. When was the last time you ran a MANOVA?

Like most researchers, I have my views on what techniques are in regular use, but am I right?

So, being a researcher I have created a really quick one page survey in SurveyMonkey and mailed 1600 people who are members of the Facebook group "The Big List of Market Researchers" and asked their opinion.

If you would like to do the survey you can find it here.

Click here to see the latest results.

What’s wrong with Traditional Research?

In the last two or three years we have seen an explosion of interest in Research 2.0, e-ethnography, semiotics, and a growing concern that the traditional model of doing market research is broken.

The worries about traditional research include:

  1. Falling response rates mean that assumptions about random probability sampling are unjustified.
  2. The use of online access panels also means that models built on standard sampling theory, i.e. a sample of the population predicting the whole because of Gaussian assumptions, do not apply.
  3. The revelations by people like Martin Lindstrom (in his book Buyology) that most customers do not know why they do things, throw real doubt on the way that many quant studies are presumed to work. This is especially true of customer sat and concept testing.
  4. In a ‘long tail world’, consumers have too many choices to readily capture them in most surveys. Increasingly, quant surveys are like a trawler throwing out a damaged net into a small part of a large sea and hoping he will catch the most important fish, or, indeed, any fish at all.
  5. Many clients are voicing a worry that research is too slow, too expensive, and that it usually fails to provide actionable advice.

However, I believe answer is emerging; an answer that I think is best defined as New MR. I will be writing more on New MR shortly.