Page 11 - Decoding Decisions ~ Making sense of the messy middle
P. 11

11    CHAPTER 2      IDENTIFYING THE MESSY MIDDLE









                          Turning to our trends data, we immediately began to find some tantalising
                          clues. Take the terms “cheap” and “best”. In the UK, interest in search queries
                          containing the word “cheap” has steadily declined over the past 15 years,
                          while interest in “best” has increased with an impressive degree of negative
                          correlation (figure 1).





               Figure 1
                   cheap             best
                  Search term       Search term

                 100


                 75
                SEARCH INTEREST  50





                 25


                  0
                     2004       2006      2008      2010      2012      2014       2016      2018      2020

               The trends for UK searches containing “cheap” and “best” have been in opposite directions.





                          This data suggests that at some point around 2009, consumer interest in
                          finding the cheapest item online was eclipsed by a desire to find the best. One
                          hypothesis to explain this might be that as average incomes increase over
                          time, an appetite for signifiers of wealth, such as having the “best”, might
                          increase too. However, when these two trends crossed over in 2009, the
                          world was in the grip of the worst financial crisis since the Wall Street Crash

                          – following which median household incomes in the UK actually fell.
                                                                                               4
                          Looking more closely at “cheap” and “best”, it quickly becomes apparent that
                          these two modifiers are very different in scope and application. “Cheap” is
                          quantifiable and rational, “best” is more subjective and emotional. The precise
                          value of “cheap” may vary between individuals, but it still carries a singular
                          meaning. “Best”, on the other hand, can have a wide range of meanings, being
                          applicable to value, quality, performance, popularity, and more.




                                                                    4 UK Office for National Statistics – Living Costs and Food Survey
                                           Data source: Google Trends, United Kingdom, 1st January 2004 - 1st January 2020, All categories, Web Search
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