How do companies benefit from online surveys? By Coara Andrei
You are usually invited to take this survey based on the demographic information you provide when you register. You become a panelist who is accessed whenever a survey that requires your profile comes up. When you respond to a survey and fill in the questionnaire, then you become a ‘respondent’.
In market research terminology a respondent is a person who participates in the survey process and from whom information is sought in order to fulfill the objectives of a research project.
The company rarely uses your answers in isolation or individually. The answers of several respondents who correspond to a similar profile as you will be put together and analyzed to see if any patterns emerge from the analysis in terms of consumer behavior, buying patterns or opinions.
This analysis is thereafter used within the company by the management to make decisions on their marketing program, product features or the pricing of their products. The information that you provide is genuinely valuable for the company.
When companies tell you that your opinion counts you can be rest assured that it's not sales spiel. They really mean it. They are not trying to get you do something to take advantage of you. You opinion actually does count.
The companies are just trying to get to know you better. Each person that they get a response from represents hundreds of other people out there who are consumers of products and services just like you are.
They use the information that they gather to help them in many different ways-
– To design better products,
– To create better sales and marketing programs,
– To fine tune their pricing strategies,
– To create better advertising campaigns and so on
Your views are vital for them to perform better and meet your needs.
Buying patterns are also important. How often do you buy a particular product, or do you plan to upgrade your TV, and so on.
Sometimes the online surveys ask you about your leisure interests. Lifestyle and behavior are another area that is important to companies –the number of hours that spend on watching TV or listening to the radio, how often you eat out, whether you go on an annual holiday, how much do you spend on leisure pursuits, etc. When they know how you spend your time, they can find better ways to reach out to you with their ad message.
And to get this all this information out of you they are willing to pay, give discounts or give you some other acceptable form of incentives.
For more information on paid surveys, please visit:
http://CBHelper.net/PaidSurveyEtc




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