Reflections of a market researcher

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

Gary de Ocampo is president of Kantar Philippines and managing director of its insights division. He is retiring today to explore other ventures, including entrepreneurship, after almost three

Over time, as technology progressed and the environment evolved, data capture moved to computer-assisted interviewing with the use of devices that field interviewers brought along with them from house to house.

The recent surge in the use of artificial intelligence appears poised to upend market research further. Will AI eventually replace market researchers? I think that this is possible if we think about those who do the most basic outputs of market research—data tables, charts and first-level analysis. For in-depth and customized reports that require creativity and deep understanding of people, culture and business, humans will always be required.

However, there are also downsides to all this. For example, for research that requires projection to the actual market, the classic representativeness of samples and the appropriateness of statistical tests being applied may be forgotten. Initially, the new may dazzle clients but without the required disciplines and expertise that will keep the market research grounded in true science, the hollowness of some of these new toys will eventually be found out, as business recommendations become misleading, unreliable and possibly even detrimental to the clients’ businesses.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to grow your bean-to-bar business, according to Auro Chocolate’s Mark OcampoWalk through the production process step by step to deliver as much value to your customers as you do to stakeholders
Source: inquirerdotnet - 🏆 3. / 86 Read more »