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Passion Flight
Yes, research is dead without insights.
Example (from copywriter John Carlton's Marketing Rebel Rant newsletter): In one study half a group of volunteers were offered a chocolate chip cookie from a jar with ten cookies in it... and the other half were offered one from a jar with only two cookies. Guess what? The group with the two-cookie jar consistently reported that their cookies tasted better, and felt they were worth more.
That's the research part.
The insight: A product will have a higher percieved value if there is only a limited number of the products left.
Hence the "there are only 25 left so call now..." type ads.
You need research... but you also need to gain insights from the research to help sell more.
That's my .02
Nick Wright
However, insight requires data as an input. That data better be "good" or else the insight based on it could be "bad". Combined the two have real value.