Navigating Data Quality in the Market Research AI Landscape

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Navigating Data Quality in the Market Research AI Landscape Exceptional Customer Experiences

I’ve just crossed the six-month mark at Voxco and it’s been a whirlwind of a journey! I am loving getting to know all the people on our team, how they help our customers with a huge range of needs and challenges, and the potential we have together.

When joining a company as their new CEO, one of the first things I like to do after connecting with my team is to meet our customers, listen to industry experts, and hear from a broad range of stakeholders. What’s important to them? What challenges do they face? What gets them excited about going to work every day?

In talking with people at industry shows like Quirks and AAPOR, I immediately saw that AI has been embraced as a transformative market research technology that warrants significant investment. People are genuinely committed to the technology. For instance:

  • A vast majority of trade show exhibitors have taken AI-forward approaches. And, at least partially because this is what conference committees are seeking, presenters too are taking an AI-forward approach.
  • Whether their key services include data quality, sampling, analytics, reporting, or something else, most research providers are actively running internal AI projects. About half of those projects are purely experimental but the other half are already customer-facing and revenue- generating.

 

Showing and discussing applications of AI in market research, however, is just noise. We need to understand the type and magnitude of impact that AI technologies have. In order to avoid long-term harm, we need to proactively measure, understand, and work toward preventing the misuse of AI. This can happen in several different ways.

  1. Poor data input: Generative AI has many strengths, but it can also lead to data quality issues. Just as we know that poor sampling practices and small sample sizes create large error rates and minimal generalizability, the same is true for GenAI. “Hallucinations” destroy validity, generate incorrect insights, and lead to poor business decisions. AI researchers need to identify and prevent all types of substandard data practices that can mislead AI processes.
  2. Misplaced applications: Because AI is amazing in many circumstances, it’s easy to run with it rather than trusting our gut and years of experience. Sometimes, training data doesn’t include the core data needed for making correct inferences. Sometimes we use a generalist AI tool over a research-specific AI tool. Researchers need to address the strengths and weaknesses of any AI tool they use to ensure unconscious biases that lead to incorrect business decisions are avoided.
  3. Lack of validation: Researchers love data, experimentation, and validation. However, AI is still developing, and there’s limited market data to validate new techniques. We don’t yet know if an approach that worked for one ad test will be effective across categories, target audiences, regions, and objectives. This calls for extensive documentation and robust databases.

 

Of course, there are some immensely valuable and already validated uses for AI tools. Tools like Ascribe (newly acquired as part of the Voxco platform) have already helped the research industry solve a long- running problem of avoiding coding open-ends simply because of time and cost constraints. Given that many questionnaires have ten or more short open-ends plus several long open-ends, this used to be a disappointing waste of respondent time and a loss of valuable insights for brands. This is one big problem solved.

I look forward to seeing how AI continues to evolve to create better business operations, research processes, and exceptional customer experiences. With a proactive approach to quality and validation, the opportunities are endless. I’d love to learn about your AI experiences so please feel free to connect with me on LinkedIn or talk with one of our survey experts.

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Daniel Graff-Radford

Daniel Graff-Radford is the CEO of Voxco, a global leader in survey and insights software. With a background that spans leadership roles at top software companies like Allbound, OnSolve, and Omnilink, Daniel has built a reputation for driving exponential growth and fostering innovation. At Allbound, he successfully led the company through 10x growth and its acquisition in 2023. Originally from Atlanta, he now leads Voxco’s next phase of growth alongside the team and their partners at Terminus Capital.