All these years later and somewhat ironically, I am not a big believer in research when it comes to marketing and advertising (particularly things like consumer focus groups, surveys and the like).
OK, so now I’ve made myself a pariah to a lot of agencies that love to do consumer research on their clients' behalf for the money it brings in and the time it takes, which allows agencies to talk and meet and talk some more about potential strategies without ever implementing a plan.
Why the wait? Once implemented, there’s a chance of failure: the longer you can stall before you place your bet, the longer you can sit at the table and pretend to be a player.
I'm from a direct response background... there's no pretending... trust your instincts, take a stand, move forward, adjust to circumstances... and leave most research to the posers!
BUT THEN AGAIN...
There is a lot of very clever research going on, particularly among big box stores where there's fierce competition between Wal-Mart and Target and Costco and Sam's Club and... well, the list goes on and on.
You'll love this bit or research -- I did. Listening to the radio (NPR) and an interview with the author of The Power of Habit: Why We Do What We Do in Life and Business a guy by the name of Charles Duhigg.