Early results from today's CNN.com poll shows that nearly 70% of respondents will not be taking advantage of after holiday sales because they are in a "spending lockdown." While CNN acknowledges the poll is not scientific that's a pretty frightening though... predictions for Black Friday put spend down 1-3% but if 70% of people are truly not spending it's going to be a whole lot worse than that. That is of course until you look at the poll and the options.
As you can see there are 3 choices, yes, just like last year (10%), yes, but cutting back (22%) and no, in a spending lockdown (68%). It's a short poll but even still it's missing at least one very important category "no, I don't do after thanksgiving day sales". Put simply, anyone in the no category either has to skip responding to the poll or select an option which may not describe them. If you wanted to dig a little deeper you'd also realize that there's no segmentation... are the no's unemployed college students? Adults in South Africa? Or your target customer?
Two very simple take-aways here, all data comes with limits and before you read into it, read into how it was gathered and who it is about - data without categorization is really just numbers. At the same time when you're creating your own surveys take the time to give options that cover a spectrum of responses and not just the options you want to categorize by. Having a "other" category almost always makes sense.



