admin

Recent Posts

3 Big Reasons Not to Feel [Too] Guilty For Not Going Mobile [Yet]

Posted by admin on Aug 25, 2016 2:42:59 PM

Time For A Change

We have to admit it – this blog sometimes gets a little, shall we say, impatient, because many market researchers seem to be tiptoeing instead of sprinting into the smartphone era.

We’ve been the leading pioneer and evangelist for all-mobile research since 2011, and we have to confess that we thought the whole MR world would have converted by now from online to mobile surveys.

But recent reports from the front lines in other industries remind us that it’s never easy for industries to change course. In each case, an industry not only has all the evidence it needs, but has in fact  accepted the reality that smartphones’ rapid, revolutionary and by all indications lasting ascendancy has brought its business to a tipping point. But human nature makes it hard to make a big change, even when our heads tell us we must – and each of these industries has been slow to act on what it knows.

Now it’s dawning on all business sectors that the time for deliberating over how to confront the mobile age is running out. Better adopt a good mobile plan and act, because the world is moving too fast for laggards to catch up.

With that in mind, here are current snapshots of three hugely important, bedrock industries that face the same imperative that confronts market research: the need to transform in order to succeed the smartphone era.

Legacy News Media

Publishers such as the New York Times and Tribune Publishing, owner of the Los Angeles Times and Chicago Tribune, have known for a decade or more that print subscriptions and advertising were trending down, with no reason to expect a reversal. “Digital first” became a watchword – but only now are they acting upon that realization with the utmost urgency. Tribune recently changed its name to tronc, which stands for “Tribune online content” – signaling that it’s now dead serious about putting the digital horse before the print cart. The New York Times is going through a major restructuring, including significant staff cuts, as it pushes hard to “build a more digitally focused newsroom and to reach [a] stated goal of doubling digital revenue by the year 2020,” as company leaders put it to the staff in a memo. For “digital,” use “mobile,” because that’s where most digital news traffic comes from.

Banking

Business Insider reports on findings from its recent survey of Millennials about their banking preferences. The findings spell trouble for that cornerstone of American commerce and culture, the bank branch, because Millennials hold the future of banking in their hands – literally. The study of 1,500 Millennials who have bank accounts found that, for them, “the shift toward mobile banking apps is particularly pronounced…they are walking into their banks’ traditional bricks-and-mortar branches less than ever before.”

The report, titled “The Digital Disruption of Retail Banking,” predicts that bank branches will become obsolete and that “banks that don’t act fast are going to lose relationships with customers” as they turn to outside digital banking services.

“The smartphone will become the foundational banking channel. As the primary computing device, the smartphone has the potential to know much more about banks’ customers….The smartphone goes everywhere the user goes, has the ability to collect user data, and is already used for making purchases. Therefore, the banks that will endure will be those that offer banking services optimized for smartphones.”

Thanks, BI, we couldn’t have said it better ourselves.

Marketing

MediaPost’s MobileInsider blog cites a study by Adobe showing that 28% of e-commerce revenues this year come from mobile transactions – a near-doubling in just two years. Despite this obvious accretion of a mobile snowball into a mobile avalanche, MediaPost’s Gavin O’Malley reports, “just one in five companies around the globe have a defined mobile strategy that goes back at least 12 months….That’s despite the fact that 63% of brands believe the quality of their mobile experience is more important than that on desktop….[and] despite the fact that the number of brands that see themselves as `mobile first’ has increased 200% since 2014!”

What’s happening with marketing sounds a lot like what’s happening with its crucial partner, market research.

Market Research

To repeat: Yes, we do get impatient at times (well, a lot, actually) that the inevitable transition from increasingly outdated and ineffective online surveys to all-mobile research isn’t moving as quickly as we’d expected when we began pioneering all-mobile in 2011. But we don’t want late adopters of mobile research to feel bad, because as these examples from news media, banking and marketing show, you are hardly alone. But, as these other industries are realizing, the deadline for action is coming on fast. The consequences of not acting are severe, but the opportunities for those who can and do act are substantial.

We’ll give the last word on this to the late, great David Bowie. Click and enjoy one of his signature songs, Changes.”

 

Topics: News, MFour Blog

MFour Hires Blake Skorich as Solutions Development Rep

Posted by admin on Aug 24, 2016 10:12:43 AM

Blake Skorich

 

Blake Skorich has joined MFour as a Solutions Development Representative, the newest hire in the company’s ongoing expansion.

Blake augments the team that helps current and prospective clients understand how MFour’s survey technology combined with its all-mobile panel will bring them the data and insights they need. He arrives after working in digital marketing and operations for shoe merchandiser Deckers Brands. Blake has a bachelor’s degree in Business Management from Northern Arizona University. Welcome aboard!

Topics: News, MFour Blog

Google Says Smartphones Are Driving Back-to-School Shopping

Posted by admin on Aug 24, 2016 6:00:22 AM

Back to School

 

The path to purchase increasingly begins on a smartphone. Shouldn’t the path to consumer insights start there as well?

Fresh evidence about the smartphone’s rising importance to shoppers comes from Google, which recently analyzed searches related to back-to-school shopping. As reported by MediaPost’s SearchMarketing Daily, Google found that shoppers carried out 60% of those searches on mobile devices during July – up 35% from July, 2015.

What’s more, 85% of views for back-to-school shopping videos posted by retailers such as Target took place on mobile devices.

At stake: $75.8 billion in expected back-to-school buying.

Let’s briefly follow the logical path this suggests for market research.

  1. Market research is concerned with discovering what consumers think, feel and do.
  1. Therefore it behooves research professionals to approach consumers where they most frequently do this thinking, feeling and doing.
  1. Consumers increasingly are doing their primary thinking, feeling and doing while looking at their smartphone screens.
  1. Therefore – well, the conclusion is inescapable, don’t you think?

The only question remaining is how best to accomplish mobile research.

What’s crucial to know is that it is not a commodity. One mobile approach is not as good as the next. So researchers need to do some shopping of their own.

Take a hint from those millions of back-to-school shoppers. Google “mobile research.” Skip the paid, “sponsored” links at the top, look at the natural search results, and see what you find.

 

 

Topics: News, MFour Blog

5 Insights: Millennials & Mobile

Posted by admin on Aug 23, 2016 11:37:47 AM
1. Millennials’ presence and the data they generate are everywhere because social media is everywhere. Their smartphones enable them to make their thoughts, feelings, whereabouts and behavior instantly known.
 
2. Despite all that’s known about them, and all they reveal about themselves, Millennials are not an open book, or easily definable.They need to be understood within the ever-shifting contexts in which we all live.
 
3. The latest generational surprise: Millennials’ reluctance when it comes to"appointment" TV-viewing left NBC unable to attract the Olympics viewership it had promised advertisers.
 
4. For market research, the avalanche of information about this generation presents a huge challenge and a big opportunity – how to dig in and come out with intelligible, useful consumer insights?
 
5. Smart researchers are rapidly embracing mobile research that delves into Millennial mindsets via their smartphones -- their chosen, cherished conduit for understanding and responding to their world.
 
A big part of MFour's value proposition is giving researchers unrivaled access to U.S. Millennials. Of the more than one million active members in our all-mobile panel, 62% are, in fact, Millennials -- the largest representation you can find.

Topics: MFour Mobile Research, MFour Blog, millennials, mobile

Chasing Millennials at the Olympics

Posted by admin on Aug 22, 2016 10:08:39 AM

Runners racing

Bloomberg reports that television viewing patterns for the Rio Olympics defied a particularly golden nugget of conventional wisdom: the supposed invulnerability of major live television sporting events as magnets for viewers.

It turns out that the old wisdom doesn’t apply to Millennials. The group that marketers need the most is the one most resistant to the pull of live televised events. Millennials, it turns out, would rather control when, where and how they watch, instead of being called to attention on someone else’s schedule.

“NBC’s $12 Billion Olympics Bet Stumbles, Thanks to Millennials,” is Bloomberg’s headline, and the story by Gerry Smith gives the particulars: TV viewing for the Rio Olympics was down 17% overall from the 2012 London games, and 25% among the 18-49 Millennial/Gen X audience.

Like other legacy media who’ve realized they must fully embrace sharing their content online, NBC compensated by streaming the Olympics as well, mainly in hopes of capturing younger eyes. Streaming viewers totaled between 225,000 and 500,000 per night, according to the New York Times. 

Perhaps the most grabbing fact for market researchers in the Bloomberg article is this: “NBC charged up to 50 percent higher rates for internet ads than for TV because the web audience trends younger and marketers are eager to reach millennials.”

Millennials also are at a premium in market research. The balance of buying power is shifting to the generation that’s now 16 to 35 and numbers more than 75 million in the U.S., passing the previously most-numerous Baby Boomers.  If researchers can’t reach Millennials…well, let’s just say that’s not an appealing scenario.

On the other hand, if you’ve got a reliable and effective conduit for eliciting opinions and preferences from Millennials, then you’re a frontrunner in the MR race. Millennials' preferences as consumers shape up as being more complex than their elders', so businesses will need to adapt nimbly to attract and satisfy them. That will take some doing -- and some very high quality research data. 

MFour’s value proposition is that the all-mobile research technology and smartphone-specific panel it has developed is the conduit that today’s market researchers need – not just to reach Millennials, but to access  other demographic groups who are considered hard to reach by traditional online-survey methods -- including Hispanics and African Americans.

Vision, focus and experience get results, and MFour got a big jump in turning its mobile vision into mobile know-how. Our Surveys on the Go® app debuted in 2011 -- the earliest days for smartphone surveys -- and began  attracting a panel that now numbers more than a million active members who have the app and respond solely on their mobile devices. Millennials are fully present, accounted for – and are giving MFour's clients a crucial account of their views and habits as consumers and shoppers.

Again -- NBC’s Olympics advertisers were willing to pay premiums of up to 50% on the promise of reaching more Millennials, according to the Bloomberg report. How much is it worth to you to reach them? And how are  you going to do it?

For answers, browse this blog and website further, or contact us and we’ll be happy to fill you in.

Topics: News, MFour Blog

3 Friday Infobits from Mobile Research 101

Posted by admin on Aug 19, 2016 9:20:29 AM

There's so much to say about mobile research – we could just fill you up with the facts. Instead, take it at your own speed by sampling our weekly Friday roundup of 3 items from the MFour blog. You can expect information, insights, how-to's and occasional whimsy. Whatever else you do, don't forget to check at the bottom for something to mobilize your spirits heading into the weekend.

And here's a  Friday tune  to send you humming and smiling into the weekend.

Topics: MFour Mobile Research, adblocking, MFour Blog, mobile app, mobile market research, myths about mobile

What Do Survey Respondents Have in Common With Silicon Valley Tech Geniuses?

Posted by admin on Aug 19, 2016 6:00:05 AM

Friends Looking At Cell Phone

Everyone who does valuable work deserves to get paid.

A recent New York Times report about how key employees of hot tech startups are getting restless about whether their stock incentives ever will pay off is a clear example of that dynamic.

Although there’s a chasm between tech geniuses and most market research panelists, the payment issue facing Silicon Valley has echoes and lessons for MR, an industry that relies on authentic responses from thoughtful, honest respondents.

The young tech companies facing the employee stock compensation issue are often highly-valued because their perceived prospects for future success attract large infusions of venture capital. But the Times notes that it has been common policy in the tech world to prohibit valued employees from cashing out private shares they’ve been given as rewards and incentives. As long as they stay, those shares will remain worthless; only if the company goes public will they get a chance to sell them while keeping their jobs.  But going public is a big “if.”

 “Frustrated employees are apt to leave if they believe a promised payday in the form of a stock sale isn’t going to happen,” the Times’ Jim Kerstetter reports. “And in an area where employee retention has become a major issue, it’s all too easy for workers to defect to the next, hot start-up.” Consequently, the article reports, some companies are starting to give employees leeway to cash out at least some of their stock without having to leave.

As we said, there’s quite a chasm between the compensation of tech aces in Silicon Valley, and the cash rewards MFour and other market research firms pay their panelists.

But that doesn’t mean we don’t value and pay close heed to our panel members’ wants and needs. “Be Heard. Get Paid.” is the slogan of MFour's Surveys On the Go® app. It's crucial that we live up to the slogan, which is also a promise, by making the “work” of survey-taking interesting and fun.

The numbers indicate that we've kept the bargain. Our panel has grown to more than one million active members, and counting. Between 2,000 and 5,000 new members join each day, strictly by word of mouth as they hear about SOTG from friends or see comments online.

The panel-related number most relevant to market researchers is 4+ out of 5 – the average star rating Surveys on the Go® consistently pulls down at the App Store and Google Play. We invite researchers to check out those comments and ratings – all of them unsolicited.

Nobody’s going to swing their rent or a mortgage payment by participating in Surveys on the Go®, but the payments are nothing to sneeze at. Judging by users’ public comments, we’re fulfilling both ends of the promise to “Be Heard” and “Get Paid.” Taken altogether, they show that, while panelists may join for the payments, they won’t stay unless the app works just the way it’s supposed to.

For researchers, a panel’s value is in its engagement, its quality and its diversity. Reaching the public where it lives – on smartphones that have become all but indispensable to daily living – is the smartest bet researchers can make when it comes to choosing sample for their studies. Among those who are particularly strong smartphone adopters and users are groups that have become hard to reach by other means -- notably Millennials, Hispanics, African Americans and parents of young children.

Millennials, especially, relish technology, but feel personally offended when it gives them a bad experience and wastes their time. There’s a risk – make that a strong likelihood -- that ill-conceived or poorly-designed surveys will turn them off entirely from taking part in consumer research. That’s probably one reason why Millennials perpetually fall in the “hard to reach” category when it comes to finding sufficient numbers of them to fill out survey quotas.

It’s also important to note who gets shut out of a first-class, all-mobile panel: insincere survey takers such as “professional” respondents who lurk online trying to grab multiple opportunities, and speeders who try to game the system by rushing through surveys with minimal thought and effort. Their flimsy input is detected and cleansed from the data we deliver to clients.

In the architecture of MFour’s business, technology and service can be seen as the superstructure of the company we’ve built. The inhabitants include our panelists and clients alike. But an elegant structure will be empty if it doesn’t meet its inhabitants’ needs. Our panel inhabitants need the survey technology to work for them if we’re to keep them happily housed. And keeping that bargain with our survey-takers is fundamental to delivering the quality, on-time data our clients need.

Good research underlies good business decisions, and good respondents are fundamental to good research. We’re proud of the contributions our panelists make because they truly do want to “be heard.” We’re proud to give them the double reward they deserve – an enjoyable, glitch-free survey experience, and well-earned cash payments.

As the great poet John Milton put it, “They also serve who stand and wait.” Our panel may not include many Silicon Valley tech geniuses -- although they’re more than welcome to join. But as our much-appreciated million-plus members wait for the “ca-ching” sound-alert on their smartphones that signals another Surveys on the Go® opportunity is at hand, they’re standing ready to serve market research and the global economy it helps drive.

 

Topics: News, MFour Blog

MR’s Next Big Job? Business Intel for the Ad-blocking Wars

Posted by admin on Aug 18, 2016 6:00:22 AM

facebook-388078_1280

There’s ISIS vs. modern civilization, and there’s advertising-supported digital content vs. adblocking tools.

The first conflict is a to-the-death fight against religious fanaticism. But the second is crucial as well, because it may well decide the shape of world commerce in the not-at-all-distant future.

Market researchers – and the clients we serve – will likely be devoting lots of brainpower to getting our heads around this one.

Columnist John Motavalli at MediaPost.com’s “Programmatic Insider” advertising/marketing newsletter has an informative take that attempts to frame, in broader demographic and psychographic terms, the battle between Facebook and Adblock Plus, a leader in ad-blocking tools.

He theorizes that a great deal is at stake for Facebook because its users are “overwhelmingly young,” with about 30% of them in the key 25- to 34-year-old demo that advertisers need – with even more intense Facebooking among the youngest Millennials, ages 18 to 24.

These, the columnist posits, are overwhelmingly the same U.S. groups that flocked to Bernie Sanders’ presidential campaign. In  Motavalli’s view, it’s a group that, not unlike its political hero, is not especially friendly toward big corporations and their established, advertising-centric business models:

“Hundreds of millions of Facebook users have no qualms about disrupting Facebook’s revenue stream. As a matter of fact, it’s probably the safest, most legal way to stick it in the eye of corporate America, other than shoplifting.”

In another recent column, Motavalli ponders whether adblockers will disprove the longstanding truism that “information wants to be free.”

It’s always interesting to look to history for context on contemporary developments, and the struggle over content-funding brings to mind the career and pithy sayings of Samuel Johnson, one of the greatest literary minds (and content providers) of the pre-digital age.

This formidable 18th century English poet and critic more or less invented blogging – in leaflet form. Johnson got paid for his independent written musings by introducing a subscription model not unlike what major legacy newspapers and magazines still rely on as they try to figure out how to replace ever-dwindling print revenues with digital advertising income. For them, as for all content providers, adblocking poses a potential existential threat.

If adblocking does triumph, it may be back to the future for online content, with the paid subscription model Johnson pioneered as the only alternative to the publishers will have lost.

“No man but a blockhead ever wrote, except for money,” Johnson once said. In other words, if there's going to be content, somebody has to pay for it.

Businesses that rely on content-media as a conduit for commercial messaging can’t afford to be blockheaded about the advent of ad-blockers. How will advertisers speak to potential customers, if the public has decided en masse to shut its  eyes, ears, apps and browsers to commercial messaging?

The answer is: we don’t know. But as market researchers, we may soon find ourselves playing a part in this battle, called upon to deliver insights into the kinds of advertising consumers will or won’t accept, and the types of information for which they will or won’t pay.

For the clients who’ll engage us, the stakes will be extremely high.

 

 

Topics: News, MFour Blog

MFour Survey Helps Insurers Assess Gaps in Disaster Coverage

Posted by admin on Aug 17, 2016 6:00:46 AM

 

As unprecedented rains and flooding brought death and untold property damage to Louisiana, two leading insurance industry organizations announced the sobering results of a recent national survey that MFour conducted for them.

 

Trusted Choice®, a branding source for independent insurance agents and brokers, and the Independent Insurance Agents & Brokers of America (IIABA) commissioned the study of 1,000 American homeowners that MFour carried out earlier this month.

 

“Many homeowners lack adequate insurance coverage, do not fully understand their homeowners policies and do not have enough savings to support their households in the event of a disaster,” Trusted Choice® and the IIABA concluded this week in announcing the study's findings.  

 

Among the findings of the demographically representative survey of U.S. homeowners: 73% of respondents are “completely vulnerable” to losses from flooding because their regular homeowners coverage doesn’t extend to flood damage. The survey uncovered other misconceptions and wrong assumptions about disaster insurance, including how well-protected respondents would be under their current coverage.

 

The announcement urged homeowners to review their coverage with qualified insurance agents so they can understand the risks and identify the available insurance protections.

 

MFour designed the survey for its clients and fielded it to homeowners  among the million active panelists who use Surveys on the Go®, the native, all-mobile smartphone app MFour introduced in 2011.  

Topics: MFour Blog

Katherine DiPlacito Joins MFour's Operations Team

Posted by admin on Aug 16, 2016 10:07:09 AM

 

Katherine DiPlacito

Katherine DiPlacito has joined MFour's team as a Research Associate in the Operations department. She’ll help guide clients’ projects from conception through completion and data analysis.

Her hiring marks Katherine's return to Irvine, CA, where she went to high school and where MFour is based. In between she went to college in northern California, then launched her career in market research and marketing with jobs in Boston and New York City.

Katherine most recently had been a research analyst in the mobile department of Phoenix Marketing International in Boston, serving a variety of business clients. Previously she had worked as a marketing associate for Red Rooster Group in New York City, which focuses on raising the branding profile of a nonprofit clientele.

Katherine earned a bachelor’s degree in psychology, with a minor in business administration, from Sonoma State University.

Her hiring continues an expansion that’s expected to double MFour’s staffing to more than 100.

Topics: News, MFour Blog

Subscribe to Email Updates

Recent Posts