THE 3S REVOLUTION: TRANSFORMING CONSUMER RESEARCH WITH SEARCH, SOCIAL AND SALES DATA
Keywords:
Consumer Research, Search, Social Media, Sales, New Product Development, Consumer InsightsAbstract
Consumer research is indispensable for businesses to gain a deep understanding of their customers and make well-informed decisions. However, traditional consumer research methods, such as surveys, focus groups, and interviews, are riddled with limitations, including the inability of consumers to accurately articulate their needs and desires, as well as their reluctance to express genuine opinions. Consequently, this research paper embarks on a critical exploration of the contemporary landscape of consumer research. In response to these challenges, the research introduces the groundbreaking 3S framework, encompassing Search, Social, and Sales, as a transformative methodology in consumer research. The 3S framework shifts the paradigm by placing paramount importance on tangible insights derived from consumer actions rather than subjective verbal responses. By prioritizing actionable insights, the 3S framework emerges as a beacon of hope, offering a path to attain comprehensive market intelligence, robust decision support, and invaluable feedback. This research paper aspires to illuminate this new direction in consumer research, fundamentally reshaping the landscape. By providing businesses with the tools to unlock authentic and resonant insights into their target audiences, the 3S framework presents a promising avenue for the future of consumer research. This paper not only underscores the limitations of traditional methods but also advocates for a shift towards a more effective, objective, and actionable approach in consumer research practices.
References
15+ Brand New Market Research Statistics for 2023. (2023, March 29). Exploding Topics. https://explodingtopics.com/blog/market-research-stats
Thinkwith Google. (2020, September 3). Marketing consumer research statistics - Think with Google. Think With Google.
Consumers Researching Product Information Online vs. In-Store. (2016). Think with Google. https://www.thinkwithgoogle.com/consumer-insights/consumer-trends/consumer-product-research-statistics/
Paquette, H. (2013). Social Media as a Marketing Tool: a Literature Review.
https://digitalcommons.uri.edu/cgi/viewcontent.cgi?articl e=1001&context=tmd_major_papers
Jamil K, Liu D, Gul RF, Shehzad MU, Gillani SHM, Awan FH. Role of social media marketing activities in influencing customer intentions: A perspective of a new emerging era. Frontiers in Psychology. 2022;12. doi:10.3389/fpsyg.2021.808525
Blasco-Arcas, L., Lee, H.-H. M., Kastanakis, M. N., Alcañiz, M., & Reyes-Menendez, A. (2022). The role of consumer data in marketing: A research agenda. Journal of Business Research, 146, 436–452. ScienceDirect. https://doi.org/10.1016/j.jbusres.2022.03.054
Eroğlu S, Küçün NT. Traditional market research and neuromarketing research. In: Advances in Marketing, Customer Relationship Management, and e-Services Book Series ; 2020:146-167. doi:10.4018/978-1-7998-3126-6.ch008
Straker K, Wrigley C, Bucolo S. Comparing and complementing methods: traditional market research vs. deep customer insights. ResearchGate. Published online August 1, 2013.
Malter, M.S., Holbrook, M.B., Kahn, B.E. et al. The past, present, and future of consumer research. Mark Lett 31, 137–149 (2020).
https://doi.org/10.1007/s11002-020-09526-8
Walmart. (2023). Walmart.com | save Money. Live Better. Walmart.com. https://www.walmart.com/
The Coca-Cola Company. (2023). The Coca-Cola Company. The Coca-Cola Company. https://www.coca-colacompany.com/
Uber (2022) How Uber’s dynamic pricing works https://www.uber.com/en-GB/blog/uber-dynamic-pricing
Twitter. (2023). Twitter. It’s what’s happening. Twitter.com. https://twitter.com/
Netflix. (2023). Netflix United Kingdom – Watch TV Programs Online, Watch Films Online. Netflix.com. https://www.netflix.com/
Procter & Gamble. (2023). Procter & Gamble. Pg.com. https://us.pg.com/
Alibaba. (2023). Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. Import & Export on alibaba.com. Alibaba. https://www.alibaba.com/
Lyft, I. (2018). Become a Driver or Get a Ride Now –Lyft. Lyft. https://www.lyft.com/
Spotify. (2023). Spotify. Spotify. https://open.spotify.com/
PepsiCo. (2022). PepsiCo Home. PepsiCo, Inc. Official Website. https://www.pepsico.com/
Samsung UK. (2019, December 4). UK. Samsung UK. https://www.samsung.com/
Google, “Google,” Google.com, Sep. 04, 1998. https://www.google.com/
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Tarun Gupta (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.