Marketers, Don’t Be Too Hasty to Act on Data

BlueSky Thinking Summary
In an upcoming chapter from their book, "The Consumer INSIGHT Framework: A Hypothesis-Driven Approach to Data Analytics," Derek Rucker and Aparna Labroo recommend a deep change in the nature of marketing analytics: from immediate action to hypothesis testing.
They criticize the dominant action-oriented approach, saying that it is equivalent to driving without a steering wheel—fast but purposeless.
Bringing examples from Procter & Gamble and Gap Inc., they show that sometimes these reactive strategies can hide fundamental issues.
They go on to argue that one needs to adopt a process-oriented approach in which data are used to understand the 'why' behind issues before any solution is implemented.
For them, that could not only mean a better optimization of decision-making by prioritizing relevant data but also foster insights leading to more effective marketing strategies in the long run.
In emphasizing hypothesis generation and testing, they call for a far more purposeful, strategic use of data within marketing practice.