October 27, 2012

What’s Trending on #MRX? Jeffery Henning’s #MRX Top 10 – October 27, 2012

Jeffrey Henning details the 10 most retweeted links shared using #mrx over the last two weeks.

Twitter

By Jeffrey Henning

A common theme recently has been looking at the dark side of market research—common mistakes, why research “sucks”, why it is dying, why it can’t brand itself, and so forth. Let’s hope this is just an early celebration of the Day of the Dead!

Of the 1,728 unique links shared on the #MRX community in the past two weeks, here are 10 of the most retweeted.

  1. The 6 Worst Market Research Mistakes– Annie Pettit of Conversition Strategies identifies the top six market research problems she encounters:
    • Not starting with a research objective.
    • Using insufficient sample sizes.
    • Being bound by statistical significance, or lack thereof.
    • Generalizing beyond your sample.
    • Creating something out of nothing.
    • Focusing on entertaining, not educating.
  2. Global Prices Study 2012: US Market Research – Price is No Object? – Sue York of NewMR and Ray Poynter of Vision Critical conducted a global price survey for ESOMAR. The U.S. remains the most expensive country for fieldwork, followed by Switzerland, Canada, Japan and the UK.
  3. Double Jeopardy in Social Media Usage – Ray Poynter of Vision Critical looks at the impact of double jeopardy on social media platforms. Double jeopardy is the idea that larger brands have more loyal customers and – conversely and countering conventional wisdom – niche brands have less loyal customers. Ray shares data from 861 surveys fielded to an Australian panel.
  4. Why So Much Market Research Sucks – Roger Dooley recounts the tale of how, as a young product manager, he saw market research that showed that price was least important to his employer’s customers and prospects. As a result, the company raised prices and saw a dramatic change…
  5. Is Market Research Like the Shoemakers’ Children? – Tony Cosentino, author of Into the River: How Big Data, The Long Tail, and Situated Cognition are Changing the World of Market Insights Forever, identifies the benefit of research firms positioning themselves more as technology suppliers.
  6. How to Implement Consumer Segmentation with Social Media  – Andrew Somasi discusses three ways that you can segment social media data: by geography, using geotagging of posts from smart phones; by behavior, developing text analysis taxonomies to classify where consumers are in the purchase cycle; and by demographics and psychographics, by aggregating sites that attract specific customer segments.
  7. Big Data needs Research to Answer ‘Why’, says Dunnhumby Founder – Clive Humby argues that “Data is about ‘how many’ and ‘how much’, whereas research is about ‘why’ – you have to join it all up.”
  8. The Death of MR Postponed – Reg Baker finds a reprieve for MR in Clive Humby’s quote.
  9. Focus on the User – Simon Chadwick conducts a wide-ranging interview with Paul McDonald of Google Consumer Surveys about the development of the system and possible directions for the future.
  10. Text Analysis of 2012 Presidential Debates – Tom H. C. Anderson conducts a text analysis of the first two debates between President Obama and Governor Romney to contrast the two candidates’ speaking styles.

Note: This list is ordered by the relative measure of each link’s influence in the first week it debuted. A link’s influence is a tally of the influence of each Twitter user who shared the link and tagged it #MRX.

 

market research industrysocial media twitter

Comments

Comments are moderated to ensure respect towards the author and to prevent spam or self-promotion. Your comment may be edited, rejected, or approved based on these criteria. By commenting, you accept these terms and take responsibility for your contributions.

Disclaimer

The views, opinions, data, and methodologies expressed above are those of the contributor(s) and do not necessarily reflect or represent the official policies, positions, or beliefs of Greenbook.

More from Jeffrey Henning

How to Write Like an AI
The Prompt

How to Write Like an AI

Some “tips” so that you can continue to enjoy writing, while pretending to simply be an editor of AI-generated content.

A Festivus for the Rest of Us Respondents
Research Methodologies

A Festivus for the Rest of Us Respondents

Reflecting on how we can improve survey design for respondents.

Aliens vs. Dinosaurs
Brand Strategy

Aliens vs. Dinosaurs

Given the diverse backgrounds of market researchers, there is a real need to continuously train.

Researchers and the Love of Learning
Insights Industry News

Researchers and the Love of Learning

MRII’s survey on how the market research industry is doing in career satisfaction, growth opportunities, and learning preferences.

Sign Up for
Updates

Get content that matters, written by top insights industry experts, delivered right to your inbox.

67k+ subscribers