A quick point of clarification. There is a vast difference between measuring things and being measurable yourself. (Referees are very rarely sent off the pitch.) The research industry does measurement - but is not itself all that measurable. Which is all the more reason for WPP to be buying more of it.
Quite simply the industry enjoys two complementary advantages of any business. One, it caters to a vital and growing need - that of every single person employed in marketing services to be able to point to an Excel chart to justify their last trip to the bathroom. Yet, secondly, while satisfying this need, it is not itself exposed to all that many awkward questions about its own real value.
In truth, I'm not sure marketers question the value of research any more than compulsive hand-washers ask hard questions about the value of wash-basins. It's just something you need. Frequently and everywhere.
The analysis of IPA Effectiveness Awards suggests that ads which are pre-tested are on average less effective than those which aren't. Will this be a setback to the business? Will it bollocks. Research in 2008 is simply like TV advertising in 1976 - it's just something you do by default
If you want to keep your job, go and do some research. If you want to make some money, go and buy a book about behavioral economics instead.
You have to hand it to WPP. A recession is a great time to buy a research company. At no other time is the demand for fatuous self-justification higher.
I've always thought there's an opportunity for the research industry to research itself. Excellent post Rory. I'm buying WPP shares ASAP.
Don't blame the researchers for this. The obsession with self-justification is endemic in marketing and brand management. Having just left a senior research job in a media company I can tell you that most of my life was spent telling people why they shouldn't research things - because the work wouldn't ultimately make a difference to the consumer.
There are a couple of cardinal rules for market research: ask yourself if the results will be just interesting or important, and are you prepared to act on them anyway. And if you've already made the decision, and need a bit of research to justify to other people why you have made the decision that you have then you are truly wasting everuyone's time and money. Sadly this happens too often.
Rory Sutherland
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