Showing posts with label prius. Show all posts
Showing posts with label prius. Show all posts

Monday, August 27, 2012

Asking Questions vs. Having Data

Since marketers have so much data, many of them have become accustomed, I think, to believing that they have answers.  I’d like to take a moment to illustrate that very often, a wide gulf separates the two categories.

My readers and friends will express no surprise that I draw my example from the world of automobiles, a frequent topic on this blog.  Let’s examine a claim by critics of hybrid cars, that the fuel efficiency of these cars will not amount to a cost savings sufficient to cover the added cost of hybrid technology.

Before we dive into the numbers, I’ll make two points:

  1. The critics have it right, and
  2. So what?