R for Marketing Research and Analytics (Use R!)
D**I
An excellent companion for data analysis and analytics for marketing researchers
There are many things to commend about this book.First and foremost, this is the first major and successful attempt to present analytic techniques to marketing researchers from a modern perspective. It replaces the standard multivariate technique books used by marketing researchers (starting with Paul Green in the 1970s and ending with the currently in print Hair, Tatham et al.). There are some excellent contemporary books on analytics relevant to marketing researchers such as "An Introduction to Statistical Learning" by James, Witten, Hastie and Tibshirani, and "Applied Predictive Modeling" by Kuhn and Johnson. However, they are not directly designed to address marketing research issues. This book is. The advantage to this book being specific is that it can address the problems specific to marketing researchers rather than dealing with such issues tangentially.Second, Chapman and Feit do not deal with marketing research problems from an academic perspective with artificial scenarios. Their examples are of the type a marketing researcher would deal with on a day-to-day basis. When I first saw that the authors use generated data as opposed to real-life data to illustrate the techniques, I had misgivings. It is easy enough to create contrived datasets to solve imagined problems; in real life, datasets are not always that cooperative. The authors have not fallen into this trap and they have generated datasets skillfully to illustrate the points they are trying to make.Third, as a modern take on traditional bivariate and multivariate techniques, Chapman and Feit present Bayesian methods, which are becoming increasingly popular. I believe Bayesian methods (especially with the advent of R) will soon be part of mainstream data analysis in marketing research. The book includes sections on many relatively newer (in any case, less frequently used) techniques such as random forest and naïve Bayes.Fourth, in several places Chapman and Feit explore the implications and extensions of basic techniques, which I have not found in other comparable texts. As an example, while discussing factor analysis, they discuss how to use factor analysis to create perceptual maps.. Such extensions are seldom discussed explicitly in other texts dealing with factor analysis.Fifth, the book is comprehensive. It covers all aspects of analysis a beginning or intermediate marketing researcher or analyst is likely to encounter. Although initially I wondered if it was necessary to devote a third of the book to basic statistics and R, it does provide a good foundation for data manipulation.Sixth, the writing is clear. This is not a technical book and it is not meant to be. This makes the book widely accessible to marketing researchers with different proficiencies in mathematics. I also liked the fact that Chapman and Feit point out the limitations of traditional techniques like confidence intervals.Finally, the authors do a good job of teaching the R language and graphics to beginners. The book is not unique in that respect because many other books do an equally good job when it comes to teaching R and graphics.Some standard techniques (neither numerous, nor serious) are missing from this book. A case in point is linear discriminant analysis. While logistic regression (which is included in the book) can be seen as an alternative to LDA, there are several instances where LDA is a better alternative. Other missing topics include correspondence analysis and maxdiff. But it is the authors’ prerogative to choose what goes into their book and Chapman and Feit’s coverage is comprehensive enough for most purposes.While the authors do indirectly bring up validation issues and deal with them, they do not treat validation as a systematic and explicit part of using any technique. They devote less than a single page to the widespread problem of overfitting and touch upon bootstrapping only minimally while discussing PLS/SEM. I am not sure if they discuss bias-variance tradeoff and cross-validation seriously at all. I believe, as we move into the era of big data, samples drawn from an unknown population, do-it-yourself research and the like, validation issues become critical and they should be a part of any analyst’s thinking. Most users of the techniques know much more about “R-squared” and “number of hits” etc., than about the perils of overfitting, about model bias or about the reproducibility of the results. For many decades we had no alternative. Programming was complicated, datasets were small and computer time was expensive. Now we don’t have any of these limitations and I believe validating results should not be optional or an afterthought but an integral part of data analysis.Despite the title, which emphasizes R, the book is more about data analysis and analytics. "Data Analysis and Analytics for Marketing Research With R" would have been a more appropriate title for this book. The book has a lot to teach about analysis whether you are interested in R or not.While I wish the book had dealt more systematically with validation issues, what it does it does well. Beginning and intermediate researchers who need to analyze data will be hard put to find a better source than this book; learning R in the process is a big bonus. I highly recommend this book to beginning and intermediate researchers seriously interested in data analysis and analytic techniques.
P**T
Extremely practical & straightforward
If you’re a marketing student or a marketing/analytics professional and you want to learn R, then this book is perfect for you because it covers R specifically for marketing research & analytics. While many how to code books may be difficult to read or comprehend, this particular book is engaging and comprehensible.The book is easy to comprehend because it uses detailed graphics and clearly designed blocks of code to help you learn R. You will learn hundreds of commands and their specific applications. You’re not just reading code from the book and typing it out, instead the book helps you understand every line of code you write by teaching you the functions/outputs of every command. This style of teaching will help R become more intuitive to you as you progress through the book.The modern take on R makes this text highly engaging because it uses examples of modern day research techniques like• Analyzing data from social media platforms• Analyzing customer survey responsesThe book will teach you how to perform data analysis with R as well. You’ll run dozens of statistical models that will help you derive information from large datasets. Not only that, but you will visualize your data by creating interactive graphs such as• Quantile plots• Scatter-plot matrices• Correlation plotsLearning R will take time for you if you’re completely new to coding. This is why the first three chapters will teach you the fundamentals of R. It may seem tedious to you, however it’s essential to learn these basics in order to understand the following chapters. Fortunately, the first few chapters are short and engaging, so you will breeze through it in no time and perform the codes in later chapters.So if you’re interested in R for marketing research & analytics, then I highly recommend reading this book. It’s straightforward, engaging, comprehensible, and you’ll distinguish yourself from your peers in the job market. Investing in this book is a great investment in your future careers as marketing researchers & analysts.
S**R
Fantastic Book. Highest Recommendation.
This is a fantastic book. I give it highest ratings for two types of people. For people who know R and need to do a new advanced market research technique, the later chapters (chapter 7 and on) are excellent. For me, this is THE text for someone who is new to R and needs to do advanced market research techniques because the first six chapters prepare you so well for the multivariate techniques. The book does not use RATTLE. Taken as a whole (first 6 chapters and the later ones) it will take someone with no R experience and give that person a read map for data prep and analysis. It covers advanced topics in a friendly, easy to read and practical manner. A great book for a novice or advanced practitioner.
B**N
Good but not perfect
This is a great book as an introductory text to market research. The writing is clear and there're dozen of nice examples. The only problem is that the book fails to address to unequal sampling. In marketing, we tend to create a complex survey design. There is no mention at all. Otherwise it would have been 5 stars.
C**C
Plugs a big gap
The authors, two leading-edge marketing scientists, spotted a gap: while there are scores of books on R, until now none have been aimed specifically at marketing research. This is an excellent R book - one of the best of the many I've read - and will be valuable both to marketing scientists new to R and data scientists who do not work in marketing but would like to know more about marketing science. The book is very well written, well organized and comprehensive (with the exception of time-series analysis, which the authors correctly note would be too big a topic to squeeze in). It's not just page after page of R code and geekspeak and the authors demonstrate that data analysis is not the same thing as data wrangling.
D**L
Fantastic book on marketing analysis
This book is fantastic resource for marketing analysis. Great discussion on basic and advanced techniques as well as Bayesian and Frequentist options.
E**X
A very good book. Almost all the code included in the ...
A very good book. Almost all the code included in the book worked for me. It taught me a great deal about using R for marketing analytics. I wish all R textbooks were as good as this one. Very highly recommended!!!
M**A
Uno de los dos libros imprescindibles para DS interesados en el mundo Marketing
Es un libro caro pero merece la pena si eres DS, tienes conocimientos de R/Python (ya que el autor los usa indistintamente en todo el libro, según las necesidades del problema) y quieres aplicar las técnicas al mundo del Marketing, Digital Sales y demás. Este, junto al libro "Marketing Data Science: Modeling Techniques in Predictive Analytics with R and Python" serían los dos "must" que no puedes dejar de comprar.
N**O
Praktisches Handwerk für Uni (und Arbeit)
In unserem Marketing Master-Studiengang arbeiten wir mit R und sind angehalten, auch selbst für unserer Arbeiten R zu verwenden.Dieses Buch ist hierbei aus folgenden Gründen eine sehr gute Unterstützung:1) Es werden keine Vorkenntnisse erwartet2) Die Schritte werden logisch erklärt3) Die Kapitel bauen aufeinander auf, wiederholen Grundbefehle und schaffen damit eine fundierte Wissensbasis4) Varianz- und Regressionsanalysen werden anhand von praktischen Beispielen erklärt und die Variablen interpretiert5) Das Buch bietet zwei Möglichkeiten an: Fast-Track (Download der Datensätze) oder Slow-Track (selbstständiges Generieren der Datensätze)Insbesondere der Fokus auf Marketing und Marketinganalysen sucht in der derzeitigen Literatur seinesgleichen. Wer studienbedingt mit dem Programm zu tun hat und eine solide Basis benötigt, kann mit diesem Buch nichts falsch machen.Da er in der Praxis aus meiner Erfahrung noch selten verwendet wird, kann ich den Nutzen für die Arbeit eines Marketers schlecht abschätzen. Nichtsdestotrotz nimmt dieses Buch die Angst vor dem Programmieren mit R.
K**0
Le titre dit tout!
Un ouvrage complet (et autosuffisant) pour tout de suite tirer profit de la puissance de R pour du Market Research. Tous les exemples pratiques ont été choisis avec beaucoup d'intelligence et de bons sens.
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