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The Case for NewMR Ray PoynterThe Future Place2 March, 2010
Agenda Quant research is busted! NewMR? Listening, the meme of 2010 MROCs Prediction markets Participatory blogs Paradigms, quality, and ethics
Sorry!
Method Shares 2008
Method Shares 2008 ESOMAR  Global Report 2009
Global Spend
Global Spend ESOMAR  Global Report 2009
Quant Research is Busted!
Quant Research is Busted! Two fundamental assumptions
Quant Research is Busted! Two fundamental assumptions Random probability sampling
Quant Research is Busted! Two fundamental assumptions Random probability sampling People are able and willing to answer the questions we ask
NewMR
NewMR Taking the world as it is
NewMR Taking the world as it is Return to theory
NewMR Taking the world as it is Return to theory Alternative quantitative models
NewMR Taking the world as it is Return to theory Alternative quantitative models More qualitative/ethnographic
NewMR Taking the world as it is Return to theory Alternative quantitative models More qualitative/ethnographic Communities, web scraping, blogging, prediction markets, and discourse analysis
So, Why Does Market ResearchUsually Work?
So, Why Does Market ResearchUsually Work? Homogeneity vs heterogeneity
So, Why Does Market ResearchUsually Work? Homogeneity vs heterogeneity Modelling
So, Why Does Market ResearchUsually Work? Homogeneity vs heterogeneity Modelling The Art of market researchers
So, Why Does Market ResearchUsually Work? Homogeneity vs heterogeneity Modelling The Art of market researchers Measuring relative change not absolutes
So, Why Does Market ResearchUsually Work? Homogeneity vs heterogeneity Modelling The Art of market researchers Measuring relative change not absolutes Wisdom of Crowds and mirror neurons
Stan SthanunathanVP, marketing strategy and insights, Coca-Cola
Stan SthanunathanVP, marketing strategy and insights, Coca-Cola “The most important thing is that in all the work we do, we’re basically going after the tip of the iceberg. ……..It’s about understanding the human condition. We’re too focused on understanding consumption behaviour and shopping behaviour. We need to understand the human condition, which you’ll only know by observing, listening, synthesising and deducing.”
Listening
Ethnography E-ethnography Netnography Virtual Ethnography Online Ethnography ?
Google Insights
MySpace
MySpace Facebook
MySpace Facebook Twitter
2005 2006 2007 2008 2009
X Factor
X Factor InSites Consulting & RTL Netherlands
X Factor InSites Consulting & RTL Netherlands 71,230
Three Trends
Three Trends MROCS, e.g. 50-500 Insight driven
Three Trends MROCS, e.g. 50-500 Insight driven Community Panels 5000+ ROI driven
Three Trends MROCS, e.g. 50-500 Insight driven Community Panels 5000+ ROI driven WE-Research Citizen research
Why Communities Growing?
Why Communities Growing? Because they are VERY fashionable
Why Communities Growing? Because they are VERY fashionable They fit the ‘Listening’ meme
Why Communities Growing? Because they are VERY fashionable They fit the ‘Listening’ meme Brands are looking for something new
Why Communities Growing? Because they are VERY fashionable They fit the ‘Listening’ meme Brands are looking for something new Traditional qual too slow, too expensive
Why Communities Growing? Because they are VERY fashionable They fit the ‘Listening’ meme Brands are looking for something new Traditional qual too slow, too expensive Quant too expensive, too thin, too boring
Why Communities Growing? Because they are VERY fashionable They fit the ‘Listening’ meme Brands are looking for something new Traditional qual too slow, too expensive Quant too expensive, too thin, too boring MROCs are already bigger than online qual research (e.g. OLFGs, BBFGs, and IDIs)
Why Communities Growing? Because they are VERY fashionable They fit the ‘Listening’ meme Brands are looking for something new Traditional qual too slow, too expensive Quant too expensive, too thin, too boring MROCs are already bigger than online qual research (e.g. OLFGs, BBFGs, and IDIs) But, if something came along with better ROI or more sexy, it would take over
2010 Projection
2010 Projection Demand Strong growth in client demand for communities
2010 Projection Demand Strong growth in client demand for communities Supply Growth in number of software solutions More agencies desperate to sell projects
2010 Projection Demand Strong growth in client demand for communities Supply Growth in number of software solutions More agencies desperate to sell projects Net Supply exceeds demand
From ME-ResearchTo WE-Research
QualityEthicsEffectiveness
A few thoughts
A few thoughts Online quant is busted!
A few thoughts Online quant is busted! Online qual is tiny
A few thoughts Online quant is busted! Online qual is tiny Most social media research is qual
A few thoughts Online quant is busted! Online qual is tiny Most social media research is qual (Some) quants don’t understand qual
A few thoughts Online quant is busted! Online qual is tiny Most social media research is qual (Some) quants don’t understand qual Brush up your ethnography
A few thoughts Online quant is busted! Online qual is tiny Most social media research is qual (Some) quants don’t understand qual Brush up your ethnography Get connected
Thank YouQuestions?

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Revelation Presents Ray Poynter and "The Case for NewMR"

Editor's Notes

  1. I estimate about 4% of qualitative is online qualitative
  2. I estimate about 4% of qualitative is online qualitative
  3. Claude Levi Strauss 28 November 1908 – 30 October 2009The father of modern anthropologyCentral to the creation of the structualist school of thoughtStructualism ‘The search for the underlying patterns of thought in all forms of human activity.’
  4. After a couple of years Telstra’s community endeavour NowWeAreTalking was pulled with zero notice, in September 2009.They are now launching a panel of 18,000 people, with very limited community engagement, powered by Vision Critical.A brand that is disliked struggles with social media.
  5. After a couple of years Telstra’s community endeavour NowWeAreTalking was pulled with zero notice, in September 2009.They are now launching a panel of 18,000 people, with very limited community engagement, powered by Vision Critical.A brand that is disliked struggles with social media.
  6. Wordle is not an analysis tool, it is a presentation tool. Although it can be used to suggest analyses.