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Census for retail audit -  best practices

Boost Your Retail Strategy: Best Practices for Effective Census Auditing

Boost Your Retail Strategy: Best Practices for Effective Census Auditing Census auditing is vital for retail strategies. It enhances accuracy and improves decision-making. This article presents best practices for effective census auditing in retail. Understanding Census Auditing Census auditing involves reviewing store data regularly. It ensures accuracy in inventory and sales figures. Moreover, i…

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AI enabled market research

AI-Driven Market Research: Unlocking Consumer Behavior Like Never Before

AI-Driven Market Research: Unlocking Consumer Behavior Like Never Before Understanding AI in Market Research Artificial intelligence revolutionizes how companies understand consumers. It goes beyond traditional methods. AI taps into vast data sets quickly. This process enhances decision-making. The Importance of Consumer Behavior Consumer behavior shapes everything from product development to mark…

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power bi online

10 Tips for Optimizing Your Power BI Online Dashboards

10 Tips for Optimizing Your Power BI Online Dashboards Power BI is an impressive tool for data visualization. However, to truly get the most out of it, optimization is key. In this article, we’ll explore ten tips to enhance your Power BI online dashboards. By following these tips, you can improve performance, usability, and overall… Read More »Market Research and Analytics Blog

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market research vs marketing research

Market Research vs. Marketing Research: Which Strategy Fits Your Business?

Market Research vs. Marketing Research: Which Strategy Fits Your Business? In today’s competitive landscape, businesses face many challenges. One key challenge is understanding the market. This article explores two distinct strategies: market research and marketing research. Both serve vital roles. However, they differ in purpose and methodology. What is Market Research? Market research focuses on…

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market research tabulation by softofficepro.com

Mastering Market Research: Essential Tabulation Techniques from SoftOfficePro

Mastering Market Research: Essential Tabulation Techniques from SoftOfficePro Introduction Market research plays a vital role in today’s business landscape. It helps companies understand their audience better. Furthermore, accurate data guides important decisions. To unlock these advantages, mastering tabulation techniques is crucial. Tabulation organizes data effectively. This process enhances cl…

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Using R for data manipulation

From Raw to Refined: Data Manipulation Strategies Using R

From Raw to Refined: Data Manipulation Strategies Using R Data manipulation is key in data science. However, raw data often contains errors and inconsistencies. In this article, we will explore effective strategies for refining data using R. Understanding Raw Data Raw data is unprocessed. It may come from various sources. Due to its nature, raw… Read More »Market Research and Ana…

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market research CAPI pulsefe.com is the best

The Future of Market Research: CAPI Pulsefe’s Innovative Approach Explained

The Future of Market Research: CAPI Pulsefe’s Innovative Approach Explained Market research is evolving. Traditional methods are becoming outdated. New technology and innovative approaches are transforming the landscape. One such approach is CAPI Pulsefe. This method harnesses modern technology to streamline the data collection process. What is CAPI Pulsefe? CAPI stands for Computer-Assisted…

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Data Privacy and Trust in the Digital Age

Trust Issues: How Data Privacy Concerns Shape Consumer Behavior

Trust Issues: How Data Privacy Concerns Shape Consumer Behavior Understanding Data Privacy Data privacy relates to how information is collected and used. Consumers have become more aware. Thus, they are more cautious about their personal information. In a digital age, businesses collect vast amounts of data. Some use this data responsibly. However, others do not.… Read More »Mark…

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Retail audit best practices

Retail Audit Essentials: Strategies for Accuracy and Compliance

Retail Audit Essentials: Strategies for Accuracy and Compliance Retail audits are crucial for business success. They help assess financial health and compliance. Moreover, they identify weaknesses in operations. Ultimately, effective audits improve decision-making. Here, we explore essential strategies to ensure accuracy and compliance. Understanding Retail Audits First, let’s define a retai…

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Census for retail audit -  best practices

The Essential Guide to Retail Census Audits: Best Practices for Success

The Essential Guide to Retail Census Audits: Best Practices for Success Retail census audits play a crucial role in the retail industry. These audits gather essential data. They help businesses make informed decisions. Yet, many retailers struggle with the execution of these audits. Fortunately, this guide offers important insights and best practices. Understanding Retail Census… Read …

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AI enabled market research

The Future of Market Research: Harnessing AI for Data-Driven Decisions

The Future of Market Research: Harnessing AI for Data-Driven Decisions Market research is evolving rapidly. As technology advances, AI plays a critical role. It helps businesses make informed decisions. Let’s explore how AI transforms market research and data-driven strategies. The Role of AI in Market Research Artificial Intelligence streamlines data collection. It automates processes, savi…

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power bi online

Power BI Online vs. Desktop: Which One is Right for You?

Power BI Online vs. Desktop: Which One is Right for You? Power BI offers two primary versions: Power BI Online and Power BI Desktop. Each version serves different needs. Therefore, it’s crucial to understand their features, benefits, and limitations. Let’s explore these two platforms. What is Power BI? Power BI is a business analytics tool.… Read More »Market Research…

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market research vs marketing research

Decoding Market Research and Marketing Research: What You Need to Know

Decoding Market Research and Marketing Research: What You Need to Know Understanding market research and marketing research is crucial for any business. These terms are often used interchangeably. However, they serve different purposes. Grasping the differences can enhance your decision-making. In this article, we will dive deeper into both concepts. What is Market Research? Market… Re…

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market research tabulation by softofficepro.com

Streamlining Your Data: How SoftOfficePro Enhances Market Research Tabulation

Streamlining Your Data: How SoftOfficePro Enhances Market Research Tabulation In today’s data-driven world, effective market research is crucial. Businesses rely on accurate insights to make informed decisions. However, tabulating and analyzing data can be cumbersome. That’s where SoftOfficePro steps in. This innovative software simplifies data handling, making it easier for market researche…

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Using R for data manipulation

Transforming Data with R: Essential Techniques for Data Manipulation

Transforming Data with R: Essential Techniques for Data Manipulation Data manipulation is crucial for data science. In R, several techniques exist for transforming data effectively. This article explores essential methods for data manipulation. We’ll cover everything from basic functions to advanced techniques. Why Use R for Data Manipulation? R is widely used for statistical analysis…&nbsp…

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market research CAPI pulsefe.com is the best

Revolutionizing Market Research: How CAPI Pulsefe Leads the Way

Revolutionizing Market Research: How CAPI Pulsefe Leads the Way Market research is vital for understanding consumer behavior. In today’s fast-paced world, traditional methods often fall short. Enter CAPI Pulsefe, a game-changer in market research. Its innovative approach delivers rapid insights and enhances data quality. What is CAPI Pulsefe? CAPI stands for Computer-Assisted Personal Interv…

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Data Privacy and Trust in the Digital Age

Data Privacy in the Digital Era: Navigating Challenges and Solutions

Data Privacy in the Digital Era: Navigating Challenges and Solutions Data privacy stands as a pivotal concern in our digital age. Every click, share, and post generates data. This information can reveal sensitive parts of our lives. Thus, understanding data privacy is crucial. The Growing Need for Data Privacy Consumers today are more aware than… Read More »Market Research and An…

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Census for retail audit -  best practices

Maximizing Retail Efficiency: Best Practices for Conducting a Census Audit

Maximizing Retail Efficiency: Best Practices for Conducting a Census Audit In today’s fast-paced retail world, efficiency is vital. A census audit can significantly enhance your operations. Therefore, understanding best practices for conducting this audit is crucial. It can lead to improved inventory management, better customer service, and increased profitability. This article outlines esse…

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Synthetic Data is a Reality, But Are You Asking the Right Questions?

Synthetic Data is a Reality, But Are You Asking the Right Questions?

Ray Poynter 16 October 2025 At most conferences and events, we are seeing a growing number of examples of Synthetic Data, in its many forms and versions, being used for real projects. However, there still seems to be a body of thought that promotes unscientific criticism of this approach. This sort of criticism is likely… Read More »Market Research and Analytics Blog

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AI enabled market research

Transforming Insights: How AI is Revolutionizing Market Research

Transforming Insights: How AI is Revolutionizing Market Research Market research is evolving rapidly. Traditional methods struggle to keep pace. Consequently, businesses face challenges in understanding consumer behavior effectively. However, artificial intelligence (AI) is stepping in to bridge these gaps. The Role of AI in Market Research AI analyzes large datasets faster than human analysts. It…

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power bi online

Unlocking Insights: A Beginner’s Guide to Power BI Online

Unlocking Insights: A Beginner’s Guide to Power BI Online Power BI Online offers powerful tools for data visualization. This beginner’s guide helps you understand its features. Additionally, you’ll discover how to use Power BI effectively. What is Power BI? Power BI is a business analytics solution. It helps you visualize data and share insights. Furthermore,… Read Mo…

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market research vs marketing research

Market Research vs. Marketing Research: Understanding the Key Differences

Market Research vs. Marketing Research: Understanding the Key Differences When navigating the business landscape, understanding various research methods is essential. Two terms often arise: market research and marketing research. While they seem similar, they encompass different areas. Thus, distinguishing between them can enhance your strategy. What is Market Research? Market research primarily f…

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market research tabulation by softofficepro.com

Unlocking Insights: The Power of Market Research Tabulation with SoftOfficePro

Unlocking Insights: The Power of Market Research Tabulation with SoftOfficePro In today’s fast-paced business world, understanding your market is vital. Market research tabulation allows businesses to collect and analyze data effectively. The right tools can make a significant difference. SoftOfficePro offers powerful features to streamline this process. Let’s explore how it works. The Impor…

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Using R for data manipulation

Mastering Data Manipulation in R: A Comprehensive Guide

Mastering Data Manipulation in R: A Comprehensive Guide Data manipulation is a crucial skill in data science. It allows you to change, sort, and analyze data efficiently. R provides powerful tools for data manipulation. In this guide, you will learn essential techniques and best practices. Let’s dive into the world of data manipulation! Getting Started… Read More »Market Re…

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market research CAPI pulsefe.com is the best

Unlocking Insights: Why CAPI Pulsefe is a Game Changer in Market Research

Unlocking Insights: Why CAPI Pulsefe is a Game Changer in Market Research In the ever-evolving world of market research, speed and adaptability are crucial. With this in mind, CAPI Pulsefe has emerged as a transformative tool. This innovative platform leverages cutting-edge technology to enhance data collection and analysis. Consequently, it unlocks insights that were once… Read More &…

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Data Privacy and Trust in the Digital Age

The New Frontier: Building Trust in a Data-Driven World

The New Frontier: Building Trust in a Data-Driven World In today’s world, data drives decisions. Companies collect vast amounts of information. This includes personal details, habits, and preferences. However, with great power comes great responsibility. Trust is essential. Consumers often wonder, “Is my data safe?” They frequently ask, “How is my data used?” Organizations …

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Retail audit best practices

Maximizing Efficiency: Best Practices for Retail Audits

Maximizing Efficiency: Best Practices for Retail Audits Retail audits are essential for ensuring operational efficiency. They help assess compliance, inventory accuracy, and overall performance. However, maximizing their effectiveness requires a strategic approach. Here, we explore best practices that can enhance your retail audit processes. Understand the Purpose of Retail Audits Firstly, clarify…

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Census for retail audit -  best practices

Census-Driven Retail Audits: Best Practices for Accurate Inventory Management

Census-Driven Retail Audits: Best Practices for Accurate Inventory Management Accurate inventory management is crucial for any retail business. Yet, many retailers struggle with inventory discrepancies. One solution is implementing census-driven retail audits. This approach can enhance accuracy and efficiency. Understanding Census-Driven Retail Audits A census-driven retail audit involves counting…

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AI Dominates the agenda at esomar Congress 2025, Prague

AI Dominates the agenda at esomar Congress 2025, Prague

Elaine Rodrigo presenting at esomar Congress Ray Poynter, 1 October 2025 The 2025 ESOMAR Congress in Prague was dominated by one theme above all others:, and that theme was artificial intelligence. From the exhibition floor to the presentation sessions and corridor conversations, AI was the connective tissue running through the programme. What had been emerging… Read More »Market…

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Synthetic Data: A Lexicon and Taxonomy

Synthetic Data: A Lexicon and Taxonomy

Ray Poynter, 22 September 2025 Here is my attempt at an updated Lexicon and Taxonomy for Synthetic Data. I would love to hear your thoughts and suggestions. Synthetic data, according to the ICC/ESOMAR Code, is “Synthetic data means information that has been generated to replicate the characteristics of real-world data.” People sometimes explain the reason… Read More »Market Resea…

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ChatGPT’s Agent Mode is another Leap Forward – with risks

ChatGPT’s Agent Mode is another Leap Forward – with risks

Ray Poynter, 24 July 2025 ChatGPT’s new Agent Mode is another major leap forward in how AI is advancing, especially in the field of Agentic computing. It also represents a significantly increased risk level. In this post, I outline what Agent Mode is, the associated risks, and provide a simple example. Overview ChatGPT’s Agent Mode… Read More »Market Research and Analytics Blog

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Creating a Data Checking Agent

Creating a Data Checking Agent

Ray Poynter, 21 July 2025 Agents are one of the key AI developments that is re-shaping the way we conduct business and processes.  An agent is a software tool capable of tackling a task without user supervision. In this post, I will illustrate agents with an example that takes data (for example, from a quantitative… Read More »Market Research and Analytics Blog

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Creating an Agent to Check or Create Questionnaires

Creating an Agent to Check or Create Questionnaires

Ray Poynter, 22 July 2025 This is another post looking at the hot topic of Agents, building on the post from yesterday that created a Data Checking Agent. Today, I am looking at the combination of Instructions and Knowledge to create a more powerful Agent. Specifically, I will upload an Online Consumer Questionnaire House Style… Read More »Market Research and Analytics Blog

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Exploring the Interaction of Language and ChatGPT

Exploring the Interaction of Language and ChatGPT

Ray Poynter, 28 June 2025 With Noriko Kishida (Japan), Tomoko Yoshida (Japan), Dangjaithawin (Orm) Anantachai (Thailand), and Seyo Adeoye (Nigeria), we have created a discussion and note relating to an experiment we ran earlier this year, examining the interaction between the use of ChatGPT and the languages used. You can read the complete note by… Read More »Market Research and …

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Synthetic Data and Significance Tests: Why t-tests are Inappropriate and What to Do Instead

Synthetic Data and Significance Tests: Why t-tests are Inappropriate and What to Do Instead

Ray Poynter, 19 June 2025 The statistical trap hiding in synthetic respondentsDiscussions about synthetic data are everywhere. Talking about bolstering hard-to-reach quotas, creating digital twins and replacing whole sections of fieldwork. By design, these records replicate the distributions of your original survey, meaning every synthetic element looks plausible. The problem is that this process …

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How should you plan for AI and its impact on you? A Ray Poynter presentation shared via Notebook LM

How should you plan for AI and its impact on you? A Ray Poynter presentation shared via Notebook LM

Ray Poynter, 6 June 2025 Are you using Notebook LM yet? If not, I think you should be using it; it is frankly quite mind-blowing. To illustrate the power of Notebook LM I took the YouTube link for my presentation “How should you plan for AI and its impact on you?” from the April NewMR… Read More »Market Research and Analytics Blog

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A Digital Twin of Nick Carraway, from The Great Gatsby

A Digital Twin of Nick Carraway, from The Great Gatsby

Ray Poynter, 5 June 2025 Earlier this week, I discussed the use of Digital Twins in research; you can read that post here. Today, I am sharing a concept piece that illustrates one approach to Digital Twins, using ChatGPT. This is an approach I have found helpful with focus group transcripts, but in this concept… Read More »Market Research and Analytics Blog

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AI enabled market research

The Power of Machine Learning in Enhancing Market Research Accuracy

The Power of Machine Learning in Enhancing Market Research Accuracy Market research is crucial for businesses. It helps them understand customers. Also, it guides them in making informed decisions. However, traditional methods can be slow and inaccurate. Now, machine learning is changing the game. This technology boosts the accuracy of market research significantly. Machine Learning:… …

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AI enabled market research

Ethics and AI in Market Research: Striking a Balance

Ethics and AI in Market Research: Striking a Balance Artificial Intelligence (AI) is transforming market research. Companies use AI to analyze consumer data. However, ethical considerations arise. How do we ensure responsible use of AI? This article explores these issues. Understanding AI in Market Research AI capabilities have grown rapidly. Thanks to machine learning algorithms,… Rea…

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Digital Twins for Research and Insights

Digital Twins for Research and Insights

Ray Poynter, 3 June 2025 Over the last year, there has been a growing interest in Digital Twins, which are virtual participants based on real individuals. In this note, I will outline what is happening, why it is happening, and share some key concerns that need to be considered. Digital Twins, the BasicsThe Twins are… Read More »Market Research and Analytics Blog

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AI enabled market research

Integrating AI with Traditional Methods: A Hybrid Approach to Market Research

Integrating AI with Traditional Methods: A Hybrid Approach to Market Research Market research is evolving. Traditional methods have served us well. However, the advent of Artificial Intelligence (AI) presents new opportunities. By combining both approaches, we can enhance our insights. Understanding Traditional Market Research Traditional market research mainly focuses on qualitative and quantitat…

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AI enabled market research

AI-Driven Market Research: A Game Changer for Startups and Enterprises

AI-Driven Market Research: A Game Changer for Startups and Enterprises Introduction In today’s fast-paced world, data drives decisions. AI has revolutionized market research. Startups and enterprises can now harness this technology. It’s no longer about guesswork. With AI-driven insights, companies improve strategies effortlessly. The Rise of AI in Market Research Firstly, traditional market…

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AI enabled market research

Building Better Profiles: AI in Customer Segmentation for Market Research

Building Better Profiles: AI in Customer Segmentation for Market Research In today’s fast-paced business landscape, understanding your customer is crucial. Customer segmentation helps brands tailor their marketing efforts. By employing artificial intelligence (AI), companies can enhance their segmentation strategies. Thus, they can create more effective market research profiles. The Importance of …

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AI enabled market research

Navigating Market Trends: AI’s Impact on Real-Time Research

Navigating Market Trends: AI’s Impact on Real-Time Research In today’s fast-paced world, understanding market trends is crucial. Companies need to adapt quickly. As a result, they increasingly rely on innovative technologies. Among these, Artificial Intelligence (AI) stands out. It has transformed how we conduct research. AI offers new avenues for real-time insights, enabling firms to…&nbsp…

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How can we use ChatGPT to help us qualitatively analyse images?

How can we use ChatGPT to help us qualitatively analyse images?

Ray Poynter, 1 June 2025Currently, I am spending four weeks in Japan, a mix of work, including workshops and presentations, and leisure activities (such as hiking and running). Today I checked into an AirBNB in central Tokyo and washed some clothes, after spending the weekend running a marathon on the West coast of Japan. The… Read More »Market Research and Analytics Blog

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AI enabled market research

Visualizing Data: How AI is Changing Market Research Visualization

Visualizing Data: How AI is Changing Market Research Visualization Data visualization plays an essential role in market research. It helps businesses make sense of vast amounts of data. However, traditional methods can be limiting. Fortunately, artificial intelligence (AI) is transforming how we visualize data. This article explores AI’s impact on market research visualization. The Importanc…

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AI enabled market research

The AI Effect: Enhancing Market Research Strategies for Competitive Advantage

The AI Effect: Enhancing Market Research Strategies for Competitive Advantage In today’s fast-paced market, businesses must adapt. They need to understand customer behavior and preferences. Here, Artificial Intelligence (AI) plays a crucial role. AI significantly enhances market research strategies, providing businesses with a competitive edge. Understanding the AI Effect on Market Research …

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Advanced ETL Integration with ODK Collect

Advanced ETL Integration with ODK Collect: Deep Dive into GPS Auto-Correction, SPSS Export, and Scalable Data Processing. How do we do it at softofficepro.com!

Advanced ETL Integration with ODK Collect: In this expanded guide, we’ll explore advanced techniques for building a robust ETL pipeline for ODK Collect using Python or R, focusing on: 1. Advanced GPS Auto-Correction & Reverse Geocoding using Advanced ETL Integration with ODK Collect Option A: Python (Geopy + OpenStreetMap) Key Optimizations: Option B: R (revgeo… Read More &ra…

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AI enabled market research

AI and Consumer Behavior: New Frontiers in Market Research

AI and Consumer Behavior: New Frontiers in Market Research Artificial Intelligence (AI) is transforming many sectors. However, its impact on consumer behavior is particularly noteworthy. Understanding this interplay is crucial for marketers. The Rise of AI in Marketing Over the last few years, AI has gained momentum. It offers new tools for data analysis. As… Read More »Market Re…

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AI enabled market research

Predictive Analytics: The AI Advantage in Market Research

Predictive Analytics: The AI Advantage in Market Research In today’s fast-paced market, businesses face numerous challenges. Identifying customer preferences is crucial. However, traditional methods often fall short. This is where predictive analytics steps in. Utilizing artificial intelligence (AI), predictive analytics enhances market research. It offers deep insights, enabling data-driven decis…

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AI enabled market research

Beyond Surveys: Innovative AI Tools Reshaping Market Research

Beyond Surveys: Innovative AI Tools Reshaping Market Research Market research is evolving. Traditional methods, like surveys, are no longer sufficient. Businesses need faster, more accurate insights. Enter AI tools. These innovative tools are changing how we gather and analyze data. They provide new possibilities for understanding consumer behavior. The Shift from Traditional Methods In the&hellip…

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AI enabled market research

AI-Powered Market Research: Unlocking Consumer Insights with Precision

AI-Powered Market Research: Unlocking Consumer Insights with Precision In today’s competitive landscape, businesses seek deeper consumer understanding. Traditional market research methods often fall short here. Luckily, AI has emerged as a game changer, transforming how we gather and analyze consumer data. Why AI in Market Research? Firstly, AI algorithms analyze vast amounts of data quickly…

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AI enabled market research

From Data to Decisions: The Role of AI in Modern Market Research

From Data to Decisions: The Role of AI in Modern Market Research In today’s fast-paced world, data is everywhere. Companies gather immense amounts of data daily. However, collecting data is just the first step. Companies need to translate this data into decisions. This is where Artificial Intelligence (AI) comes into play. AI is reshaping modern… Read More »Market Research and An…

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AI enabled market research

Harnessing AI: The Future of Efficient Market Research

Harnessing AI: The Future of Efficient Market Research Artificial Intelligence (AI) is revolutionizing market research. It offers speed, accuracy, and actionable insights. Thus, businesses can adapt quickly. Why AI is Useful in Market Research Data volume is increasing rapidly. Traditional methods can’t keep up. However, AI manages vast datasets effortlessly. Furthermore, AI helps identify t…

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AI enabled market research

Revolutionizing Insights: How AI is Transforming Market Research

Revolutionizing Insights: How AI is Transforming Market Research Market research has undergone a transformation thanks to artificial intelligence (AI). Companies now leverage AI tools to gain insights into consumer behavior. This article explores how AI is reshaping market research, enhancing data analysis, and driving better decisions. The Evolution of Market Research Market research has always&h…

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AI enabled market research
Census for retail audit -  best practices

Harnessing AI for Market Research: Revolutionizing Insights and Strategies

Harnessing AI for Market Research: Revolutionizing Insights and Strategies Market research has evolved. In today’s data-driven world, companies seek innovative solutions. AI, or artificial intelligence, plays a crucial role. It transforms how businesses gather insights and strategize. The Intersection of AI and Market Research Traditionally, market research relied on surveys and focus groups. Whil…

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AI enabled market research
Census for retail audit -  best practices

### AI Enabled Market Research

AI Enabled Market Research In today’s fast-paced world, businesses must understand their market. Enter Artificial Intelligence (AI). AI has revolutionized market research. It offers speed, efficiency, and data-driven insights. What is AI Enabled Market Research? AI enabled market research combines technology and data analysis. It streamlines the research process. Traditional methods can be t…

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The Future of Qual | NewMR

The Future of Qual | NewMR

Ray Poynter, 22 May 2025 Last week, I had the honour to be invited to attend the QRCA International Qualitative Conference in Berlin on behalf of ESOMAR. It was a fantastic event with leading-edge, innovative, and sometimes challenging presentations from North America, Africa, India and Europe. I also had the honour of being allowed to… Read More »Market Research and Analytics Bl…

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What is a Context Window, and why does it matter?

What is a Context Window, and why does it matter?

Ray Poynter, 20 May 2025 One key variable that differentiates one large-language model (LLM) from another is the size of its context window. In this post, I explain what a context window is and why it matters. What is a context window?The context window is the active memory for a conversation with a chatbot. Every prompt you type… Read More »Market Research and Analytics Blog

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The Results of my Deep Research forecast of Tesla’s Share Price and the Canadian Elections

The Results of my Deep Research forecast of Tesla’s Share Price and the Canadian Elections

Ray Poynter, 13 May 2025 I think Deep Research is likely to replace quite a few types of research, some of them in the market research area. To investigate more, I tried two simple experiments. The first was to forecast the results of the recent Canadian Federal Elections  and the second was to forecast what… Read More »Market Research and Analytics Blog

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Deep Research’s estimate of Tesla’s Share Price on May 12

Deep Research’s estimate of Tesla’s Share Price on May 12

Ray Poynter, 29 April 2025 On the evening of 28 April, I requested that Deep Research forecast Tesla’s share price for 12 May and provide me with its reasoning. It has forecast $300 (compared to the current price of $285.88). Below, I show you its full report. However, I want to highlight that one of… Read More »Market Research and Analytics Blog

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Creating a new type of Research Deliverable with a Custom GPT

Creating a new type of Research Deliverable with a Custom GPT

Ray Poynter, 24 April 2025 Let’s face it, one of the least impressive aspects of insights are deliverables, and in the eyes of the end client, this is the bit they are paying for. Reports are too static, most tabulation tools are too fiddly, and frankly, most dashboards show lots of things you don’t need… Read More »Market Research and Analytics Blog

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Using Custom GPTs to Create Innovative Client Deliverables

Using Custom GPTs to Create Innovative Client Deliverables

Ray Poynter. 7 April 2025 Reports, dashboards and PowerPoint decks are depressingly static deliverables, focused on the creator’s perception of the world, rather than being user centric. In this post I will highlight a powerful alternative that leverages AI. I am talking about using Custom GPTs to deliver a responsive and intelligent tool to the… Read More »Market Research and An…

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6 Ideas for using Custom GPTs

6 Ideas for using Custom GPTs

Ray Poynter, 3 April, 2025 Next week I am running an online course of using Custom GPTs, using OpenAI’s platform, for insights and market research, check it out here. To give you a better idea of the sorts of things you can use Custom GPTs for, here are six ideas to consider. Create survey questionnaires… Read More »Market Research and Analytics Blog

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How to Automatically Analyse Google Forms Data with AI

How to Automatically Analyse Google Forms Data with AI

Ray Poynter, 26 March, 2025 Google Forms is widely used for quick surveys to collect feedback for various purposes. The built-in summaries from Google Forms or Excel are often sufficient for simple, closed-ended questions, such as age, region, or satisfaction ratings. But what happens when your form includes open-ended questions alongside the closed-ended ones? Introducing… Read More &…

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Can I upload CrossTabs to ChatGPT?

Can I upload CrossTabs to ChatGPT?

Ray Poynter, 21 March 2025 In two recent training sessions, I ran, I was asked the same question twice, “Can I upload crosstabs to ChatGPT for it to analyse and help me find messages in the data?” I do not tend to do this as I typically upload raw data rather than market research crosstabs.… Read More »Market Research and Analytics Blog

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The Impact of China’s AI Revolution: What Market Researchers Need to Know

The Impact of China’s AI Revolution: What Market Researchers Need to Know

Ray Poynter, 19 March 2025 The launch of DeepSeek—a powerful, cost-effective large language model (LLM) developed rapidly in China—has been widely described as a ‘Sputnik moment.’* Until January of this year, the prevailing assumption was that the United States and the West dominated advancements in AI and emerging technologies. However, China’s rapid success with DeepSeek… Read More &…

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DeepSeek – a new Generative AI from China that is challenging ChatGPT and America

DeepSeek – a new Generative AI from China that is challenging ChatGPT and America

Ray Poynter, 25 January 2025 Caveat, whilst I have researched the information in this article, much of it comes from China and I can’t crosscheck it with alternative sources. DeepSeek is a Chinese AI startup founded in 2023 as a spin of the hedge fund High-Flyer. DeepSeek’s AI is causing shockwaves in the AI community… Read More »Market Research and Analytics Blog

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Creating a Questionnaire Library with ChatGPT

Creating a Questionnaire Library with ChatGPT

Ray Poynter, 24 January One of the ways that people are using ChatGPT is to create more standardisation in the questionnaires and discussion guides they produce and, simultaneously, speed up the production of a first draft. There are two ways that I see people doing this: Upload a library at the start of the questionnaire… Read More »Market Research and Analytics Blog

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Asking ChatGPT for advice about research methods – a Kano example #AI Tip

Asking ChatGPT for advice about research methods – a Kano example #AI Tip

Ray Poynter, 20 January 2025 Two or three times a year I receive a message from an agency saying their client wants to do a study using the Kano Model. They ask whether I can explain it to them so they can respond. In the future, they will get a faster and cheaper answer by… Read More »Market Research and Analytics Blog

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#AI Tip – Ask AI for multiple suggestions, to leverage the human element

#AI Tip – Ask AI for multiple suggestions, to leverage the human element

Ray Poynter, 18 January 2025 Here is another tip from my courses on how to use Copilot and ChatGPT for market research and insights. Generative AI can be used to ask for suggestions on how to do a specific task. For example, we might ask the AI platform to design a research project. However, I… Read More »Market Research and Analytics Blog

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When should you use ChatGPT and when should you use the API version?

When should you use ChatGPT and when should you use the API version?

Ray Poynter, 9 January 2025 This post focuses on ChatGPT, but the same argument applies to any pairing of a Generative AI platform and its API complement. The great thing about web-based ChatGPT is that it does not require much preparation, assuming you have sufficient skill and knowledge to drive it well. If you have… Read More »Market Research and Analytics Blog

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Analysing Open-ended Comments (almost) for free

Analysing Open-ended Comments (almost) for free

Ray Poynter, 22 November 2024 Do you have a set of open-ended comments that you’d like to analyse, for example from a survey? With ResearchWiseAI you can do that. You can read how to do it below, or you can watch a four-minute YouTube video by clicking here. Steps to analyse your open-ended comments with… Read More »Market Research and Analytics Blog

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Creating Virtual Ray, a Custom GPT

Creating Virtual Ray, a Custom GPT

Ray Poynter, 5 November 2024 One of the neat features of ChatGPT is the ability to create Custom GPTs. A Custom GPT allows you to build a bespoke tool on top of ChatGPT, creating a unique product. In this post I am going to tell you how I created a simple ‘Virtual Ray’ via a… Read More »Market Research and Analytics Blog

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Retail audit best practices

Retail Audits: A Crucial Element in Retail Management

Retail audits are an essential part of retail management. They help ensure that stores are running smoothly and efficiently, and that customers are receiving the best possible service. But what exactly is a retail audit? In simple terms, it is a systematic examination of a store’s operations, policies, and procedures. This can include everything from… Read More »Market Rese…

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Census for retail audit -  best practices

Best Practices for Integrating Census Statistics into Your Retail Audit Strategy

Best Practices for Integrating Census Statistics into Your Retail Audit Strategy When it comes to retail audits, leveraging census statistics can provide invaluable insights into consumer behavior and demographics. By incorporating census data into your audit strategy, you can better understand your target market and tailor your retail operations accordingly. Here are some best practices…&n…

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Innovative Market Research Approaches: A Spotlight on CAPI Data Collection

Innovative Market Research Approaches: A Spotlight on CAPI Data Collection Market research is crucial for businesses to understand their customers, competitors, and market trends. In today’s digital age, traditional methods of data collection are no longer enough to gather accurate and timely information. This is where Computer-Assisted Personal Interviewing (CAPI) comes into play. CAPI is&h…

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Retail audit best practices

The Benefits of Implementing Retail Audit Best Practices

The Benefits of Implementing Retail Audit Best Practices Retail audit best practices are essential for ensuring the success and efficiency of retail operations. By implementing these practices, retailers can improve their overall performance, increase customer satisfaction, and drive revenue growth. In this article, we will explore the benefits of implementing retail audit best practices and&helli…

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Census for retail audit -  best practices

The Role of Census Data in Retail Audit Success

The Role of Census Data in Retail Audit Success Census data plays a crucial role in the success of retail audits. By analyzing demographic information gathered from the census, retailers can gain valuable insights into their target market, competition, and consumer behavior. This information allows them to make informed decisions about product placement, pricing, and… Read More »…

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Unleashing the Potential of CAPI Surveys for Targeted Consumer Analysis

Unleashing the Potential of CAPI Surveys for Targeted Consumer Analysis Consumer insights are vital for businesses to thrive in today’s competitive market. Computer-assisted personal interviewing (CAPI) surveys have emerged as a powerful tool for collecting targeted consumer data efficiently and accurately. Transitioning from traditional pen-and-paper surveys to CAPI surveys can unlock a ple…

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Retail audit best practices

Ensuring Accuracy and Consistency Through Retail Audit Best Practices

Ensuring Accuracy and Consistency Through Retail Audit Best Practices Retail audits are critical for ensuring that stores are meeting company standards and delivering consistent customer experiences. By implementing best practices, retailers can ensure accuracy and consistency in their audit processes. Best Practices for Retail Audits Here are some best practices that retailers can adopt to&hellip…

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Key Ways to Incorporate Census Findings in Your Retail Audits

Key Ways to Incorporate Census Findings in Your Retail Audits Census findings provide valuable data about populations, demographics, and consumer behaviors. Incorporating this information into your retail audits can help you make informed decisions and tailor your strategies to meet the needs of your target market. 1. Understand Your Target Market By analyzing census data,… Read More &…

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The Role of CAPI in Driving Successful Market Research Campaigns

The Role of CAPI in Driving Successful Market Research Campaigns When it comes to conducting market research, having the right tools is essential. One such tool that has proven to be crucial in driving successful campaigns is Computer-Assisted Personal Interviewing (CAPI). CAPI allows researchers to collect data electronically through surveys or questionnaires using tablets or… Read Mo…

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Retail audit best practices

Streamlining Retail Audits for Better Business Performance

Streamlining Retail Audits for Better Business Performance Are you looking to improve your retail business performance? Streamlining your retail audits can help you achieve that goal. By conducting audits efficiently, you can identify areas for improvement and make data-driven decisions. Here’s how you can streamline your retail audits for better business performance. Utilize Technology for&…

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Census for retail audit -  best practices

Enhancing Retail Audit Planning with Census Data

Enhancing Retail Audit Planning with Census Data Retail audit planning is a crucial aspect of running a successful retail business. It involves analyzing sales data, inventory levels, and customer trends to ensure that the right products are stocked in the right quantities. However, one often overlooked tool that can greatly enhance retail audit planning is… Read More »Market Res…

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Harnessing the Power of CAPI Data Collection for Strategic Business Decision-Making

Harnessing the Power of CAPI Data Collection for Strategic Business Decision-Making When it comes to making informed business decisions, data is key. And with the rise of technology, businesses now have access to a wide range of data collection methods. One such method is Computer-Assisted Personal Interviewing (CAPI), which allows businesses to gather data in… Read More »Market …

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Retail audit best practices

Key Considerations for a Successful Retail Audit Strategy

Key Considerations for a Successful Retail Audit Strategy When it comes to conducting a successful retail audit strategy, there are several key considerations that retailers need to keep in mind to ensure accuracy and efficiency. 1. Define your objectives Determine what you want to achieve with your retail audit before starting the process. Having clear… Read More »Market Researc…

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Improving Retail Audit Accuracy with Census Information

Improving Retail Audit Accuracy with Census Information In the world of retail, accuracy is key. Whether it’s tracking inventory, monitoring sales trends, or conducting audits, retailers rely heavily on data to make informed decisions. One way to improve the accuracy of retail audits is by leveraging census information. Census data provides a wealth of information… Read More »Mar…

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Elevating Your Market Research Game with CAPI Surveys: A Step-by-Step Approach

Elevating Your Market Research Game with CAPI Surveys: A Step-by-Step Approach Market research is essential for any business looking to stay competitive in today’s fast-paced market. Conducting surveys is a common method used to gather valuable insights from customers. Computer-Assisted Personal Interviewing (CAPI) surveys are a powerful tool that can take your market research to…&nbs…

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Retail audit best practices

The Role of Technology in Retail Audit Best Practices

The Role of Technology in Retail Audit Best Practices Retail audit best practices are essential for businesses looking to maintain efficiency and accuracy in their operations. With the advancement of technology, retail audits have become more streamlined and efficient than ever before. Technology plays a crucial role in enhancing retail audit best practices by providing… Read More &raq…

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Census for retail audit -  best practices

Best Strategies for Utilizing Census Data in Retail Audits

Best Strategies for Utilizing Census Data in Retail Audits When it comes to conducting retail audits, utilizing census data can provide valuable insights that can help retailers make informed decisions. Census data includes information on population demographics, income levels, and consumer behavior, among other things. In this article, we will explore some of the best… Read More &raqu…

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Revolutionizing Market Research: How CAPI Technology is Reshaping the Industry

Revolutionizing Market Research: How CAPI Technology is Reshaping the Industry In today’s rapidly evolving business landscape, staying ahead of the competition requires a deep understanding of consumer behavior and preferences. Market research plays a crucial role in helping companies make informed decisions and develop successful strategies. Traditionally, market research relied heavily on …

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Retail audit best practices

Retail Audit Best Practices: A Guide to Improving Operations and Increasing Sales

Retail Audit Best Practices: A Guide to Improving Operations and Increasing Sales Retail audits are an essential part of a successful retail operation. By regularly auditing your retail store, you can identify areas for improvement, ensure compliance with company standards, and ultimately increase sales. In this article, we will discuss best practices for conducting a… Read More &raquo…

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Census for retail audit -  best practices

The Importance of Incorporating Census Data in Retail Audits

The Importance of Incorporating Census Data in Retail Audits In today’s rapidly evolving retail industry, it is essential for businesses to stay ahead of the competition by leveraging data-driven insights. One valuable source of data that often gets overlooked in retail audits is census data. Census data provides a wealth of information about the demographics… Read More »Ma…

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The Future of Market Research: An In-Depth Look into CAPI Methodologies

The Future of Market Research: An In-Depth Look into CAPI Methodologies Market research is an essential tool for businesses to understand consumer behavior and make informed decisions. With the advancements in technology, Computer Assisted Personal Interviewing (CAPI) methodologies have become increasingly popular in conducting market research. CAPI allows researchers to collect data in real-time …

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Retail audit best practices

Achieving Success with Retail Audit Best Practices

Achieving Success with Retail Audit Best Practices Retail businesses rely on effective audit practices to ensure operational efficiency and compliance. By implementing best practices in retail audits, organizations can streamline their processes, identify areas of improvement, and ultimately achieve success. In this article, we will explore some key retail audit best practices that can help&hellip…

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Census for retail audit -  best practices

Maximizing Retail Audit Efficiency with Census Insights

Maximizing Retail Audit Efficiency with Census Insights Retail audits are essential for businesses to ensure compliance, monitor performance, and maintain brand standards. However, conducting these audits efficiently can be a challenging task. One way to maximize retail audit efficiency is by utilizing census insights. Census insights provide detailed demographic data about specific geographical a…

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Unlocking Consumer Insights with CAPI Surveys: A Comprehensive Guide

Unlocking Consumer Insights with CAPI Surveys: A Comprehensive Guide Consumer insights are crucial for businesses to understand their target audience and make informed decisions. Computer-assisted personal interviewing (CAPI) surveys offer a powerful tool for unlocking valuable consumer insights. What are CAPI Surveys? CAPI surveys involve using electronic devices like tablets or smartphones to co…

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Retail audit best practices

Maximizing Efficiency: The Importance of Retail Audits in Today’s Competitive Market

Maximizing Efficiency: The Importance of Retail Audits Retail audits are crucial for businesses in today’s competitive market. They help companies ensure that their operations are running smoothly and efficiently. By conducting regular audits, businesses can identify areas of improvement and take necessary actions to optimize their processes. One of the main benefits of retail audits……

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