Big-Data and IoT are changing not only the definition of industries but proving
that polling is now an obsolete methodology; It's Time for Customers and Marketers
to Rethink ‘Digital’
Whatever side you stand
on the controversy over polling results continues on a daily basis. You are
likely to agree on three things.
1. The first that all polls
can be designed with specific question to derive very specific results
2. The polls of the
democrats are consistently different
from those of the republicans
3. Both polls cannot be
right
So after decades of
polling and despite the confusion it creates in the minds of everyone involved
with its designed creation, the polling itself and the results –polling has
come a long, long way and I a primary job of some companies. However a recent
book and what it reveals now proves that polling is a dying process that is
rapidly being replaced by digital processes that are changing the very game of
‘Who we actually are?’ and ‘How we actually think?’
I presented this on the Nov 11th ‘HANA4IoT’
event at SAP Palo Alto and thought it prudent to share it with the community
because of the large number of emails I received on these few slides.
For traditional polling and marketing
companies this may be a big transition. After all digital analytics has been
the domain of direct response and access, whereas with traditional polling one needed
teams of pollsters in select geographic locations. There is no doubt that there
will be no shortage of traditionalists who will find enough reasons to stay the
course, while the digital marketing and analytics will continue to be a direct
marketer’s dream come true.
However, it is critical to remember that in
a poll we mostly get what the polling person wants to get and we never get the
whole truth. If you stop a person on the street and ask randomly ask them ‘What sex and age group interests them the
most in a dating site?’ There is a high probability that most respondents
will not tell the truth.
Just in the same way when we poll business
users in a post go live BI business users and the IT team a simple question, ‘Do the reports in your BI system meet your
needs and expectations ?’ the results are always very different. However,
both answers cannot be the empirical truth but just different points of view.
Based on our twenty plus years of BI implementation and support experience
where is the average you should generally expect to get. [1] 20-30%
satisfaction scores from actual business users; [2] 70-90%satisfaction scores
from IT resources; [3] under 30% from Gartner report based on feedback from
over 2,500 CIO’s globally. If you feel you have the integrity to be truthful
take this poll and tell us what you think. (Remember if you lie then you prove
this blog correct, if you tell the truth then you may face the reality Gartner
and I have been preaching about since 2010).
What we are finding is that the reality is
not on who we say we are but in what we actually do, and even thought the
industry is still latched on to the last click, the truth still will hold sway.
So while today there is a lot of focus on that people say the future lies
solely in what people do. So rather than the top funneling their results into
the poll questions and the way they could be answered, the future is dealing
with life on the EDGE where people actually do what they do, without being
asked what they do nor why but simply the reality of what the reality is
‘As-Is’
Here is the crux of this blog from a book I
have recently read called ’Dataclysm’ by Christian Rudder who is one of the
president and co-founders of a site called OKCupid- a dating site like
match.com, etc. As a Harvard graduate in math’s he delved into the data side of
OKCupid and of humanity. The book reads like a thriller and the results are
what prove that polling is quite redundant. Its reality that counts. To keep it
simple will let the data do most of the differentiation between polls and
reality. Caveat: [1] This is based on results from Dataclysm analysis
only; [2] It’s my best explanation of what I saw and interpreted and may not
represent the absolute truth.
Baseline: During the process of
joining OkCupid you fill a form and some of the questions deal with what you are
looking for. This helps internal algorithms align you with the right match. So
a 35 year old male may state (poll) that they are interested in meeting a 25-30
year old female, or a 35 year old female may say they are interested in meeting
a 35-40 year old male. The analysis below demonstrates the delta
between who we state we are (poll results) and what we actually do (fact).
Fact
1: Poll- women: According to over 10 years of dating data the delta between
what women say and do is rather narrow. As demonstrated in this graph 20
year old women reported (polls) that
they were looking for a 20-23 year old man, just as 35 year old women reported
that they are looking for a 34 -36 year old man. While a 41-45 old women were
mostly looking for 39-40 year old men. Fact- women: most of the women actually viewed,
communicated and met men within their specified tolerances to a very large
degree. Thus the delta between polls and fact for women is rather low with
regards to dating data.
Fact 2: Poll- Men: According to over 10 years
of data the delta between what men say and
do is exceptionally large. As
demonstrated in this graph 20 year old
men reported (polls) that they were
looking for a 20-30 year old women, just as 35 year old men reported that they
are looking for a 35 -42 year old women. While a 41-50 old men stated they were
looking for 35-50 year old women. Fact- Men: Here
is where it gets truly bizarre and funny all at the same time. Most of the men consistently actually viewed, communicated and tried to meet women within the 20 to 24
year range. Whether the man was 20 year old or 50 year old their primary
preference is to meet and date a 20-24 year old woman.
So in this interesting example we scratch the surface
of what people (poll) enter when they have to answer a question and then what
they actually go and do which is so strikingly different that it crashes the whole
foundation of every wanting to depend on polling results. As my wife likes to say, at least where men are
concerned.
So according to reality ,this represents the true gap between polling and the actual facts on the ground, the mind of men, on dating sites,
looks something like this. It a very narrowband of 20-24 year old girls that
they all first want to date. So next time someone tells you that you have a narrow mind they may be closer to reality than most of us would like to admit.
Whereas a poll is a form of admittance reality has a zero bias of id or ego, right or wrong, good or bad. It simply records what is.
That’s not to say that polling will no
longer be a valid medium of opinions as it shall continue, But now mainly due to the
ability of some powerful groups, influencers and marketers ability in proving the direct relationship
between polls and their ability to predict changes in human behavior based
on poll declarations at precise times. However, as we move forward more and
more companies, politicians, political parties and most of all the media
companies are already becoming interested in ‘Reality as it truly stands’ and
not knee-jerk answers to planned questions that seek specific results.
My
aim in this blog is to continue a dialog in further understanding the link between the
human id and ego, between who we say we are and who we actually are, between who we say we will vote for and what we actually do. Of decreasing the delta with our big-data predictable analytics via using social data as against random polling. This
challenge is a human psychology one and not a polling or digital one. We, as
humans, treat ourselves as personal brand ambassadors and what we state in
polls is more about self-branding rather than the truth about what and who we
actually are.
At a recent conference with over 20,000
attendees we were able to track ‘in-real-time’ the movement of attendees by
conference floor and booth, the movement of support staff by individual task, density of attendees and services
and most important of all the tweets about different sessions and topics even
as they were being broadcast-like keynote speaker sessions. Global branding is
rapidly exploding into the digital space, and the digital arena is rapidly
adopting to big-data and social network analytics. IoT devices connected by a seamless network devices providing streaming data turned into real-time decision focused analytics.
All marketing, including
digital marketing, is driven by a baseline of assumptions as to what customers
like to do most frequently. With new IoT driven digital marketing
applications we are now reaching a point where they are able to stop people
in their tracks with the power of ‘who we actually are’ and the customers' emotional experience.
In other words it is now time for customers to shift their thinking from traditional
polling methods to more scientific methods and get access to far greater truth
than polls can ever hope to provide.
This is not going to be an easy shift to get
accustomed to or to pull off. Matching true actions in real-time response means
tracing the customer journey from a bottoms-up, inverse funnel all the way to
actionable predictions, through to validation of final actions. This will probably
be a massive data undertaking no matter how we look at it. However, unlike polling
the process is iterative and self-correcting so we never have to send out new minions
out into the field and start afresh in every new poll. It will build on itself
and become more and more automated and accurate with time.
Capturing this new inverted digital polling
and market emotion needs new approaches that go far beyond standard the capabilities
of traditional algorithms that we typically worked with. That’s because customers now expect end-to-end
analytics that often take place over months and are accompanies with branding, mail
campaigns, direct tele-campaigns, and short burst efforts as we get closer to
the close of the campaigns. The more real-time data you have the better you can
manage the campaign, the more accurate the analytics the better your decisions
become. In essence, rather than focusing on the polls and their accuracy now decision
makers can focus on long-term goals, aligned to short term facts and the rapid
realignment of strategies to facts in true real-time by geo location. Its
hardly the process that traditional polling and marketing companies are used to.
None of these skills are rocket science,
nor are they simple to develop or acquire. Traditional polling and marketing
companies will continue to trudge in processes that they are familiar with
simply because it is their playing field, period. But then these are digital assets
that have seen tremendous breakthroughs over the past few years and are today
critical for success in our new digital world.
It is now up to customers to decide if they
want to embrace the new big-data and digital world that is rapidly encompassing
everything we do, or stick with direct polling and marketing as we have done for
the past few decades. The price to pay is obsolescence. Because no matter what you
or I think the world of branding and marketing has already gone digital. Polling
is the next game in town as we have moved past sending humans to the streets
and asking questions to strangers with the only responses being [1] the way my
questions are designed to be answered, and [2] what the respondent thinks they
want to tell us. It has nothing to do with who we actually are.
Really Great Post. Thanks a lot to write so good article. I also have a suggest, Please find the Best SEO Training Course in Gurgaon, I am suggesting here. This field having more job opportunity in future.
ReplyDeleteReally it is very nice one Post. Thanks a lot for writing this post. Here I am posting about how to Make Money From Blog. Rision Digital is a site that helps you to Learn Tips Tricks to Succeed in Blogging and Earn Money.
ReplyDeleteThanks a lot for sharing kind of information. Your article provides such great information with good knowledge. Digital Marketing Courses in Pune with Placement
ReplyDeleteIf you are looking SEO institute so i am telling you best institute of seo tranning I also go in this institute near gurgaon.
ReplyDeleteyou are sharing a great content its really amazing, Well delivered. I am also sharing a content regarding a SEO. if anyone wants to learn
ReplyDeleteDigital Marketing Cource in janakpuri please contact us.
Happy to visit your blog, I am by all accounts forward to more solid articles and I figure we as a whole wish to thank such huge numbers of good articles, blog to impart to us.
ReplyDeletedata science course in hyderabad
betmatik
ReplyDeletekralbet
betpark
mobil ödeme bahis
tipobet
slot siteleri
kibris bahis siteleri
poker siteleri
bonus veren siteler
XW6660
https://saglamproxy.com
ReplyDeletemetin2 proxy
proxy satın al
knight online proxy
mobil proxy satın al
ESFGMİ