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Paid Surveys: Exploring Different Market Aggregates

February 5th, 2009

Having determined you niche and having tailored your marketing mix for them definitely increases your bottom line. It doesn’t mean however that you can stop looking around to see how else your brand can profit.

If you give some of your time to do regular market research, you might widen your Blue Ocean and create more opportunities for your brand. Most likely, there are segments within or close to your niche whose needs aren’t being addressed by anyone, including your competitor.

Paid surveys can help you do your research. You can come up with different sets of questions and have different aggregates respond. This way, you can get what you need from the right respondents. Below are the 3 aggregates with their differences and how paid surveys can help you find opportunity in each of them. Read the rest of this entry »

Marketing Research with Paid Surveys: Usage, Attitude, Image

January 27th, 2009

Marketing researches come in different forms with different goals. Usually, researchers begin with the UAI (Usage, Attitude, and Image) study. The UAI gives researchers a good combination of consumer insight and information on brand performance.

Traditionally, companies seek the help of research firms to come up with a UAI questionnaire that chosen respondents can answer. With online paid survey companies, you can achieve the same result at a fraction of the cost.

Below are more detailed explanations of how you can maximize the benefits from your paid survey, to get the information you want from the target market that matters to you. Let’s pretend that your product is shampoo. Read the rest of this entry »

To Stretch or Not to Stretch Your Market: Answers from Paid Surveys

January 14th, 2009

Paid surveys are a great marketing research tool. Asking the right questions and being interested in the right details can make paid surveys a rich source of primary consumer information. It is important to note that it is not enough to limit your surveys to respondents who correspond to your target market’s profile. It is also important to stock up on information about the competitive and emerging market, so that you are made aware when good opportunities make themselves available.

Market stretching

At this point, you could already be comfortable with your target market of choice. However, it doesn’t mean that you’re making the most out of your entire product line. No matter how good business is, there is always room for great improvement if your entire company survives on the success of one brand. Read the rest of this entry »

Cross-sell Through Paid Surveys

January 8th, 2009

The value of paid surveys to marketing strategies

Paid surveys are good for market research. Getting the services of a reputable paid survey outfit guarantees genuine responses from the segment or target market of your choice. You can come up with different surveys for different segments to get only the most relevant information. With paid surveys, you no longer have to worry about the manpower you need to distribute, collect, and tally the surveys.

Pairing the correct set of questions with the correct type of respondents, you give your company the rare opportunity to get inside the consumers’ minds. Think what they think and feel what they feel about you and your competitors. Read the rest of this entry »

Expand Your Market with Paid Surveys

January 2nd, 2009

Your business could either be doing bad, or just ok. But if you can find a way to turn your business into a market leader, you can reap the rewards of skyrocketing profits. Change what you’re doing to see a change in your business’ performance. Now is a good time to see past traditional marketing and advertising.

Loyal customers spend more

The Pareto Principle states that 80% of your profits come from 20% of your customers. This 20% make up your best customers. Your loyal customers always come back for a reason, and it makes good sense to take good care of them. These people naturally become your brand ambassadors. They tell their friends about how great you are, and all the possible reasons why they should give you a try. Read the rest of this entry »

3 Key Inputs: What Companies Should Spot in Paid Surveys

December 18th, 2008

You already decided to explore paid surveys to find out what people think about your brand. The goal is to get to know your consumers better, and understand how they connect with your brand and others that belong to your category. In fact, you might also want to see how they respond to efforts made by brands outside your category.

The greater challenge is to be able to swallow your pride and take what your market has to say about your brand, good or otherwise. Treat every customer like a girlfriend/fiancé/wife. Listening goes a long way. Here are the top 3 inputs you should look out for and take note of when reviewing paid survey responses. Read the rest of this entry »

3 Major Benefits Companies Can Gain from Paid Surveys

December 9th, 2008

The most successful companies share 2 secrets: They communicate well with their frontline employees and they listen well to their customers. Marketing myopia is a corporate disease that plagues even the biggest companies. Brand managers and company executives think that their product is the best thing since sliced bread, and that they don’t need to spend on communications or research because people will buy them anyway.

Actually, companies don’t need to spend a lot in one go if they just make it a point to regularly check on their consumers. This allows brand managers to maintain the brand every day instead of coming up with an action plan when a problem surfaces. Read the rest of this entry »

Paid Surveys: A Surprising Way to Relax

December 9th, 2008

Answering paid surveys takes you to another zone

Pro and leisure runners experience “runner’s high,” when after feeling tired of running, the body shifts to producing plenty of endorphins—also known as happy hormones. In this state, runners feel a sense of elation and they feel good over all.

Answering a number of paid surveys in one sitting can emulate the feeling one gets from experiencing runner’s high. Although answering simple surveys requires little effort from you, answering them in bulk—one after another—naturally shifts your brain to focus-mode. Despite the focus, little or no stress at all is physically put upon you because honest answers (which all paid surveys, like Cash Surveys Only, expect from you) always come naturally. The feeling is almost like watching light cartoons, only this time, you’re typing a little. Read the rest of this entry »

Paid Surveys: 2 Things You Can Do With Your Earnings

November 19th, 2008

Paid surveys, like Cash Surveys Only, create an opportunity to earn more without investing a lot of time. The money isn’t bad, and income from paid surveys could be made continuous as long as you give quality answers to the surveys.

Earning extra could temp you to indulge in more luxuries like trips, restaurants and designer clothing. All these could make the extra money feel tangible. However, spending on luxuries you can do away with doesn’t give your money much room to grow.

The best way to deal with money is to make your money work for you. This doesn’t mean scrimping all the time and irrationally depriving yourself. It simply means making your money grow to more than the effort you put into earning it. Below are 2 simple ways to make sure that you can have more than enough for occasional luxuries. Read the rest of this entry »

Paid Surveys Help You Become a Wiser Consumer

November 10th, 2008

A paid survey is a tool that companies use to get to know their consumers better. This helps them a lot in designing their products and services and even in tweaking their pricing models.

More than earning from each survey you answer, you get another benefit from these surveys. You get to learn more about how you decide to purchase things and you become more aware of how many brands really listen to their customers.

Below are 2 major ways how answering paid surveys can help you wise up as a consumer. Read the rest of this entry »

 
     
 

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