Enter your Email


Powered by FeedBlitz

Apr 26, 2016

Why we still need research...

Our professor of business strategy used to ridicule research. He would say, "BMW doesn't go around carrying questionnaires, asking customers what want." Over the years, the standard example has shifted from automobiles to mobiles (specifically iPhone), but the argument has remained more or less the same.

But there's another point of view too. And it puts forward some very critical reasons why research is helpful.

1. Your customers live in all kinds of un-imaginable infrastructures
If you are reading this on LinkedIn, it is very likely that people in your city don't face problems with electricity and water supply. So, would you be able to understand if your consumers live with 4 hours of daily power-cuts, or get water for only a couple of hours a day? Would you be able to truly appreciate all the tricks and jugaad employed every 'day in the life of' your consumers?

2. You can't un-learn certain ways of life
For the longest part of my life, I would use public transport and auto-rickshaws for all travel, everywhere. But within a few months of buying a bike, I would feel odd about using public transport. Suddenly, travelling by auto-rickshaws felt ridiculously expensive. My outlook to money changed after I started earning. These are changes that you can't undo to imagine life without them. Can you imagine people of your age not owning a smartphone?

3. Everyone has their own unique combination of attitudes, values, and morals
What would you say about a mother who buys branded diapers for the son, and locally made stuff for her daughter? Or about a hospital that charges you 1.5% extra for paying through credit card?

Yes, perhaps the professor was right about questionnaires. We don't need to use them in every situation. But, research is a much larger, and wider field than just questionnaires. And it offers many tools that enlighten the world around us. Why stay in the dark!