Skip to Store Area:

Consumer.ology

Consumer.ology

The Market Research Myth, the Truth about Consumers and the Psychology of Shopping

David Heenan Philip Graves

Hardcover, ISBN 978-1-857885-50-7

In Stock

$29.95
Add Items to Cart Add to Cart

Quick Overview

Using his unique AFECT approach, a set of five criteria to evaluate the reliability of any consumer insight, Graves asserts that it's time for a fresh approach that embraces this new understanding of human behaviour. Along the way, he reveals why the current practice of market research is a false science, why we often don't buy what we say we will, and how to understand consumers better than they do themselves. After reading Consumer.ology business leaders and politicians will never look at market research in the same way again.

Publication Date: Nov 16, 2010


Details

Market research is a myth. Philip Graves, one of the world's leading experts in consumer behaviour, reveals why the findings obtained from most market research are completely unreliable. Whether it is company executives seeking to define their corporate strategy or politicians wanting to understand the electorate, the idea that questions answered on a questionnaire or discussed in a focus group can provide useful insights on which to base business decisions is the cause of product failures, political blunders and wasted billions. Consumer.ology exposes some of the most expensive examples of research-driven thinking clouding judgement, experience and evidence – from New Coke to General Motors, from Mattel to the Millennium Dome – and instances of success through ignoring market research, such as Baileys and Dr Who. It also shows organisations the tools they should be using if they want to understand their customers. Using his unique AFECT approach, a set of five criteria to evaluate the reliability of any consumer insight, Graves asserts that it's time for a fresh approach that embraces this new understanding of human behaviour. Along the way, he reveals why the current practice of market research is a false science, why we often don't buy what we say we will, and how to understand consumers better than they do themselves. After reading Consumer.ology business leaders and politicians will never look at market research in the same way again.
Philip Graves is a consumer behaviour consultant, author and speaker. 20 years observing consumers as a market research manager and research consultant made him aware of a conflict between what people said in research and what they actually did, which led to the introduction of the psychology of shopping into his work. He has advised numerous international businesses, including Comet, ITV, Whirlpool, Dr Martens, New Covent Garden Food Company, Camelot, Virgin Media, Hotpoint and Pepsi. In addition to running his own consultancy business, Shift, Philip is an associate of Frontier Economics. Visit his website at www.philipgraves.net.
"Graves does more than just show marketers the error of their ways. He shows them a path to better insight." – Director Magazine "Alongside his debunking of the market research industry, the author takes us on a fascinating romp through the psychological underpinnings of consumer behaviour: risk aversion, safety in numbers, scarcity value and priming. It's well written, accessible and entertaining, yet thought provoking. Consumer.ology is a rich digest of insights on consumer psychology. It should be essential reading for marketers and general managers, and carefully hidden away from anyone whose livelihood depends on market research." – Alan Giles, Fellow of The Marketing Society and Associate Fellow, Said Business School, University of Oxford "A good read for anyone interested in the psychology of group behaviour or the validity of market research methods as well as for those in the business sector trying to introduce new products to the public." – Library Journal "Consumer.ology is a publishing phenomenon ... Graves has transformed what was largely guesswork into something approaching a new branch of science -- the science of consumer behaviour. And because his writing style is light, it's a happy read. It's only later that you realise he's managed to realign your radar and liberate your thinking." – Cambridge Business Magazine "Consumer.ology is a refreshingly iconoclastic skewer through the heart of traditional market research methods and reason. Graves' peppering of psychological theory with pithy anecdotes of misguided consumer successes and failures is bound to at once ruffle feathers and get heads nodding within marketing and innovation circles." – Blake H. Glenn, Senior Inventor, ?What If! The Innovation Company "Fascinating Stuff." – Steve Wright, BBC Radio 2