Online MR Magazine May Edition 2016 Issue 1 | Page 38

Machines can tell us where to look, but ultimately humans still need to assign meaning Market Research has normalized on prior methods, so new methods not only have to show improvements in cost and speed, but also still correlate with findings from previous methods in the business of understanding people to answer business questions and support decisionmaking. The challenges we face are consistent: getting access to the right people, collecting information, understanding the meaning of the information, and then communicating to decision makers. Technology has evolved to support all facets of this process. In our digital connected world, we can get access to participants, collect information from them and more quickly analyze and communicate results. Are clients open to new technological advances in the market research? How can be clients educated for the same? Customers have shifted to digital medium (mobile) Steve August: Clients are open whereas many market to new technological advances researchers are still in so much as those advances comfortable with traditional deliver valid information that supports decision making at methods of data collection improved speed and reduced – how can we speed up the cost. Technology of itself is not adoption of new market the end or the product, the real realities? product is valid information faster and streamlined decision making. What are the recurring challenges that a market technology really researchers faces on a daily Can human basis? How can technology decipher the emotions or we still need help ease these issues? a human touch (market Steve August: Market researcher) to do the job? researchers face essentially the same core issues that have always been. Ultimately, we are emotions based on text and facial coding, but there are limits that point out the need for the human touch truly understand the full picture. One example from a study last year: During a test of a TV ad spot, a automated facial coding system recorded a participant expressing a lot of anger and negative emotion. When researchers interviewed the participant to explore his reaction, he said (paraphrasing), “I was angry because I don’t generally react to advertising, but this ad really touched me, and I was angry that it was making me emotional. ”Machines can tell us where to look, but ultimately humans still need to assign meaning. Steve August: Technology is proving to be able to detect Steve August: Continual education and demonstration of valid results will be the key to accelerating adoption. Market research has normalized on prior methods, so new methods not only have to show improvements in cost and speed, but also still correlate with findings from previous methods.