Market Forecasts: 3 Tips for Useful Predictions

Even if we put aside self-serving forecasts that are patently optimistic, many market forecasts are based on a rather murky mix of supply-side assumptions, total available market estimates, and compound annual growth rate hunches. In some markets, the forecasts rely heavily on input from suppliers to the market (for example, analyst firms ask PC manufacturers how many units they expect to ship).

2010 Market Research Conferences: Do In-Person Events Still Matter?

The US 2010 Market Research conference season will be starting soon. Luckily, this year they are a bit more spread out than last year.

The MRA’s big conference will be in Boston in June.

The AMA’s annual Market Research Conference will be in Atlanta in September.

And IIR’s The Market Research Event will be in San Diego in November.

I can hear the sighs of anticipated exhaustion already. Travel, sessions, expense reports. And the dreaded, overflowing inbox that faces you upon returning to work the next week.

Besides, we have to ask ourselves: do in-person events matter anymore? Look, I am in the business of online training—I LOVE online content. But I do believe that there is still a place for in-person events as well. And here is why:

Agency Selection

Grading Market Research Agency Websites

Do these websites matter? Aren’t they just electronic billboards?

I think they do matter. A lot of people who buy and use market research visit agency websites. And frankly, they are more likely to visit an agency site than that of a professional association (such as the MRA or CASRO) or of a trade publication (such as Quirk’s or Research Magazine). So these agency websites are, intentionally or not, a key source of client education.

Agency Selection

Market Research Agencies and Their Websites: Finding the Good Ones

Websites are the virtual storefronts of market research agencies. It’s where you often get your first impression of a potential research supplier. You peek in the window and see if the goods are narrow or diverse, dated or current. You get an impression about personality and culture. You may even get a sense of trustworthiness.

But if you have ever looked at more than 2 or 3 agency web sites, you will see that the quality and content vary dramatically. Almost dismayingly so.

So how to compare them?…

Customer Insights

When Good Enough is Good Enough: Seeking Balance in Product & Pricing Research

The difference between good market research and great market research can be significant.

But sometimes the incremental time, cost and sweat of that extra effort simply doesn’t make sense. Sometimes, “good” is just perfect.

I was reminded of this last week at the Launch Camp conference in Cambridge. The event, for entrepreneurs seeking social media wisdom, had some interesting speakers, though the one from whom I learned the most was Dharmesh Shah, Chief Technology Officer and Founder of HubSpot (on Twitter as @Darmesh).

Stale Research Alert: When Price Is The Only Difference

These days, there are innovators out there. Agencies using cooler tools, applying newer sample quality processes, and even offering new deliverables. Their methods may push you out of your comfort zone. Their proposals may be harder to read because they won’t be full of the same boilerplate you’ve been seeing for years.