08/10/2015

Quantitative VS Qualitative Data

…many companies are turning to customer research that is powered by big data and analytics. Although that approach can provide astonishingly detailed pictures of some aspects of their markets, the pictures are far from complete and are often misleading. It may be possible to predict a customer’s next mouse click or purchase, but no amount of quantitative data can tell youwhy she made that click or purchase. Without that insight, companies cannot close the complexity gap.

http://hbr.org/2014/03/an-anthropologist-walks-into-a-bar/ar/1