Why must you use an online market research panel?

by admin 1 January 2021 195450 Views
Why must you use an online panel for research- TA blog

Gone are the days of field and telephone surveys, welcome to the digital world. The market research methods and survey techniques have been making continuous progress and the online method of gathering data started growing its popularity each day. With the advancement of technologies, the market research industry is evolving and technologies such as mobile phones and internet have changed the data collection process that allow us to conduct research and collect data more easily and efficiently than the traditional surveys. Online market research panels are considered as the most effective method to efficiently reach your target audience for research surveys.

 

What is an online market research panel?

 

Online market research panels, also called online samples, are the pre-recruited groups of panelists selected for market research surveys. These panelists answer the surveys online and help researchers recognize their brands or services in the market. Panelists, also known as sample or audience, are pre-approved and have agreed to participate and share enormous amounts of knowledge about business brands or products/services. These panelists can be your customers, friends, employees, family members, or any person who can participate in the online survey. With these panel research studies companies get to know what their customers or employees think about their products and services.

 

Types of online market research panel

 

The objective of panel research is to offer insightful results that helps to improve brand and products and services. Online market research panels are of two types:

 

Online Business-to-Business (B2B) Panel: For B2B research, panelists are the business professionals, business owners and the decision makers who uncover business information and behavior through business related surveys.

 

Online Business-to-Customer(B2C) Panel: For B2C research, companies target customers or end-users to find out about their behavior and specifications for buying products. Businesses also seek advice and suggestions from customers to improve their brands and products and excel on the market.

 

Why Must You Use An Online Market Research Panel?

 

With an online market research panel, it is easier to reach your target respondents and communicate with them easily. Now, researchers can easily fetch the panel information that is available online and surveys can be effectively completed within the time frame. 

 

Here are the few benefits of using an online market research panel:

 

High and Better Response Rate

 

With an online market research panel, research projects take less time to complete as compared to traditional and other alternative recruitment methods. A company may conduct their online survey with the help of social networking sites such as Twitter, Facebook or Instagram. This may lead to a high number of completes but the respondents may not be interested in participating in the surveys. But with a research panel, the researcher can be confident and assure each individual’s participation. Also, the survey response will be highly effective.

 

Cost Effective and Less Time Consuming

 

Since we get faster responses from the survey respondents, it saves time and helps begin the data analysis process quicker. Also approaching pre approved panelists for their responses reduces the research cost to a great extent.

 

Research panel helps find the right audience

 

With an online market research panel, researchers can easily fetch the information of the panelists such as their qualifications and expertise and find the right group of audience as per their target demographics. This leads to an effective research survey with better engagement rate.

 

Create, Add and Manage Your Panelists With Our Survey Cliq

 

Why must you use an online market research panel- Teamarcs

At Teamarcs, we have developed our own online panel research software – ‘Survey Cliq’ for wider usability that has simple functions which gives you the POWER, FLEXIBILITY, and SCALABILITY to build and manage large Panel Community. It gives you various opportunities to build, customize, engage, and analyze your panel. Whether you already have your own list of customers or need to recruit your panel, it smartly manages panelists and their feedback. We use 100+ supported questionnaires to collect user information to manage the community panel. Survey Cliq comes with fully automated machine fingerprinting & geo-location tracking of each panelist, which adds to the integrity of the overall panel and improves responses.

 

Also Read:

 

6,575 thoughts on “Why must you use an online market research panel?”

  1. There’s additionally an elective Journeys bonus wager that pays out on a range of Poker hands irrespective of the
    dealer’s hand. There can also be an Ante Bonus
    for players achieving a Straight or higher, it doesn’t matter what
    the dealer’s hand. Players should decide to boost or fold
    before the dealer’s full hand is revealed.

    However in the event that they wait till after the Flop or after
    the River, they can only elevate x2 or x1. Alternatively, the
    player can bet on ‘All Lose’ or any mixture of these bets based on all the
    same old Poker fingers. To add to the excitement of the main game, every participant can even place an non-compulsory Bonus wager that pays out if a Pair of Aces or increased is dealt in the primary five
    cards. Including to the excitement is our Progressive Jackpot.
    Evolution Dwell Three Card Poker packs all of the excitement and suspense of standard
    Poker right into a fun, fast-paced sport based
    mostly on hands of simply three cards.

    My page Limousine Services

  2. It’s a shame you don’t have a donate button! I’d definitely donate to this brilliant blog!
    I guess for now i’ll settle for book-marking and adding your RSS feed
    to my Google account. I look forward to brand new updates and will talk about this site with my
    Facebook group. Talk soon!

  3. Undeniably believe that which you said. Your favorite justification seemed to be on the web the simplest thing to be aware of.
    I say to you, I certainly get annoyed while people consider worries that they just don’t know about.
    You managed to hit the nail upon the top and also defined
    out the whole thing without having side effect , people
    could take a signal. Will probably be back to get more.

    Thanks

  4. Does your blog have a contact page? I’m having problems locating
    it but, I’d like to shoot you an email. I’ve got some ideas for your blog you might be interested in hearing.

    Either way, great website and I look forward to seeing
    it develop over time.

  5. Pretty component of content. I simply stumbled upon your weblog
    and in accession capital to say that I acquire
    in fact loved account your weblog posts. Any
    way I will be subscribing for your feeds and even I fulfillment you access persistently rapidly.

  8. If some one wants to be updated with most recent technologies then he must be
    pay a quick visit this site and be up to date all the time.

  9. Hey there! I could have sworn I’ve been to this blog before but after reading through some of the post I realized it’s new to me.
    Anyhow, I’m definitely glad I found it and I’ll be bookmarking and checking back often!

Comments are closed.