Comments on: Old World/New World: Market Research

By: Are You Curious? We Are. at Experience Matters

Are You Curious? We Are. at Experience Matters — Thu, 16 Jul 2009 16:31:05 +0000

[...] post on June 9 (probably unwittingly) hit on a topic close to my heart. (Anastasia, the cheque’s in the [...]

By: Paradigm Shift: From Telling to Listening ? | Brandingthroughpeople.com | Ago Cluytens

Wed, 17 Jun 2009 07:51:35 +0000

[...] an “old world/new world”-paradigm shift article, experience matters [...]

By: john clarkson

john clarkson — Thu, 11 Jun 2009 20:32:18 +0000

Right: reciprocity in online social media still reigns, but it’s not measured and rationalized as it is in a market economy. Example: mere publication in scientific journals is enough of a reward for years of work; seldom are researchers paid for their papers. What’s gained by the sharing of knowledge is attention and recognition, what Tara Hunt has dubbed “whuffie”; social capital.

By: Anastasia Clarkson

Anastasia Clarkson — Thu, 11 Jun 2009 14:15:15 +0000

Software Seller-

Where demographic relates to age, gender, location, income, etc., psychographic refers to a person’s state-of-mind, values and motivators, etc. In social monitoring where the data (conversations) already exist, the task is identifying relevant psychographics rather than targeting relevant demographics to then probe for insight.

John-
Interesting to think about online communities as a gift economy where people share their valuable knowledge and work –not in a transactional dynamic but driven by primal motivations to connect, be useful, and feel accomplishment. …seed for a new post!

By: Software Seller

Software Seller — Thu, 11 Jun 2009 02:11:19 +0000

Great post, I appreciate the breakdown of the old and new. I have to wonder what the heck psychographic means? I never heard this term before, I guess I could go Google it.

By: Anastasia Clarkson

Anastasia Clarkson — Wed, 10 Jun 2009 22:19:41 +0000

Extreme enthusiast groups exist, but the problem of too-concentrated niche communities is becoming less of an issue as the use of message boards and other online communities becomes more ubiquitous. Another thing to consider is the influence these enthusiasts have on the casual consumer. There are people participating in online communities and there are also silent observers, or information seekers who are looking to these experts for advice in making their purchase decisions.

It’s important to be aware of the echo chamber effect, especially as research topics approach more granular levels. These more granular, pointed queries are perhaps where traditional focus groups may still be valuable when survey planning is informed by insights drawn out of social monitoring.

To your point of “listening too hard”, I think there is value in using your ‘wide-angle’ lens when surveying the online community.

By: Chris Costello

Chris Costello — Tue, 09 Jun 2009 22:46:23 +0000

While this idea passive listening is certainly another tool, you’ve still got to be really careful of non-representative samples and online “echo chambers.” Online communities still tend toward more extreme opinions, and listening too hard to that sort of consumer/user/whatever can lead you down the wrong road. The trick, obviously, is knowing when to use what. I don’t think primary quantitative or qualitative research is dead yet.

By: john clarkson

john clarkson — Tue, 09 Jun 2009 18:05:48 +0000

Great breakdown. I’d only add the thought that, in this new landscape, the rules of a “gift economy”, not a “market economy”, begin to apply.

The would-be marketer has to drop the old quid pro quo expectation (…I will show you my ad and you will buy my product…) and offer something to potential customers, not just exploit them but to form a relationship in which they jointly create value.

By: Celia J

Celia J — Tue, 09 Jun 2009 17:00:42 +0000

Great summary of the shift from traditional research methods under “artificial” conditions to authentic listening.