Market Research and Survey
Submitted by morkel on Friday Sep 10, 2010 and viewed 117 timesTotal Word Count: 470
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For business growth, two-way communication is a must.
Communication plays an essential role in understanding the customer feedback
and requirements. It’s high time that organizations realized that one-way
communication is not successful. One has to develop innovative methods to know
one’s customer and his feedback.
Survey research is the research methodology that companies
have come up to study market trends, customer behavior, social behavior and
certain patterns in a niche. Although the method is not new, new ways of
research have been introduced. Not only market research but private and public
companies are exploring this method to know different behavior pattern in a
community, opinion of people regarding a product or even a political issue,
health surveys, population surveys etc.
It is not easy to reach mass in one go. It takes long to
conduct research and collect stats and then compile it. Conducting surveys can
be challenging and time-consuming. Nowadays there are many
consultants/companies that can help do the market research or social surveys
for you. As a final product, you get accurately done and well-compiled data.
These days, interactive
survey is making a buzz in the market. You just name the thing and there is
an online survey for it. Not only this, you can also create your personalized
surveys on the websites. These interactive surveys have an interesting
questionnaire that hooks the respondent and s/he gives honest replies to the
questions asked. It can be about anything such as mobile phones, holidaying
options, and brand preference in clothes or wrist watches etc. After all, who
doesn’t like answering questions about themselves? That’s what explicitly
measures customer likes, preferences, requirements, and feedback. Thus
companies can now get an honest feedback about their products through these
surveys. Though print surveys are still active, they reach limited mass.
Whereas, interactive surveys are making it big in the web-world for there are
many internet users world-wide.
However there comes a challenge with online surveys. It is
very difficult to convince the respondent online. So one must know how and what
content should be presented to the respondent. Once the respondent shows
interest, your questionnaire now plays an extremely vital role. All questions
should be relevant and follow the same logic.
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