Is Market Research Fated To Go the Way of Video Stores?

Posted by MFour on Nov 29, 2018 6:00:00 AM

Blog Video Stores 20Nov18

How important is it to collect fast, accurate data about customer experiences? In one history-making case, a single bad customer experience may have destroyed an industry. 

According to Netflix’s origin myth, company founder Reed Hastings first conceived the idea of a mail-order subscription video service after being slammed with a large late fee because he was tardy in returning a videocassette of the movie, “Apollo 13” to the store he’d rented it from.

You can read this Quartz.com report about how Netflix came to be. While it’s possible that the late-fee incident has been embellished somewhat in its frequent retelling, there’s no question that Hastings wasn’t satisfied with his own video rental experiences and took them as a cue for groundbreaking entrepreneurship. The result has had immense consequences for the distribution and consumption (and more recently, the creation) of video entertainment.

According to estimates from the Digital Entertainment Group, brick-and-mortar video rental stores grossed $393 million in 2017, compared to $11.5 billion for streaming services and video on demand. Meanwhile, the number of video stores fell from nearly 30,000 in 2000 to just over 2,000 in 2017, according to a USA Today feature on America’s fastest-dying industries.

While industries typically can’t trace their collapse to a single failure to provide a satisfying customer experience, poor encounters with brands and retailers inevitably erode their earnings and chase consumers to their competitors. Negative sentiment takes wing in an instant on the internet, and if those perceptions take hold they will threaten revenues and profits.

So staying continually on top of what consumers think and feel about a brand should be a day-by-day priority, verging on an obsession, for market research. Now, thanks to GPS location studies conducted through a mobile research app, it’s an obsession that’s easy to satisfy.

The best time to assess the quality of consumers’ shopping experiences is while the experiences are actually happening, or just after. In-store and after-visit mobile geolocation studies get that job done. Store atmosphere, service quality, pricing, the ease or difficulty shoppers have in navigating the aisles to find the products they want – all can be best assessed at the Point-of-Emotion®. It’s the spot on the place/time continuum where responses from consumers are most vivid and come closest to the whole truth about what they are experiencing, how they feel about it, and how those experiences influence their buying decisions and overall satisfaction.

Of course, GPS location studies will only be as good as who you’re locating and how engaged they are with your research. Unless you want heaps of well-documented trouble associated with the quality of online consumer surveys, the crucial “who” has to be a first-party, single-source consumer panel of validated actual shoppers. MFour’s consumers are gathered around Surveys On The Go®, the most highly-developed, highest-rated mobile research app.

The satisfaction of 2.5 million U.S. consumers who have downloaded SOTG is the big difference maker. They’re engaged, carefully profiled mobile research participants who doubly opt in to have their location journeys tracked, in exchange for increased opportunities to receive surveys they complete quickly on their smartphones. That’s how you’ll identify them in-store and survey them when it matters most.

Expect 25% response rates within an hour, and 50% within 24 hours. And if you want to follow them beyond the moments of shopping and purchasing, and understand their satisfaction at the moment they’re actually using or consuming a product, that’s also an easy “get” for in-app mobile. Expect response rates of 85% for In-Home User Tests conducted up to two weeks after a purchase.

Reed Hastings realized he could transform the movie-rental experience (and the future of rental revenues) by using technology to make it easy on the consumer. You can do the same for yourself. Market research conducted with the state-of-the-art GPS location and consumer-panel quality unique to in-app mobile research will be more satisfying to you as a consumer of market research tools. If the online consumer data you’ve been collecting isn’t giving you what you need, maybe it’s time for some innovative thinking and action of your own.  

 

Topics: consumer survey, mobile research, geolocation, market research, mobile tracking

Let Gaming Apps Unlock Fast, 100% Efficient Consumer Insights

Posted by MFour on Nov 13, 2018 6:00:00 AM

Blog gaming apps 12Nov18

Benjamin Franklin said that “games lubricate the body and the mind,” and you could probably generate a lively debate as to whether the founding father’s wisdom applies to video games.

There’s no debating the importance of video games to a huge audience of players. Which means that there’s no debating the need for market research professionals to turn their gaze and consumer insights expertise toward understanding gamers– not just as game-players, but as fully-contextualized consumers.

As we’ll point out, mobile game apps aren’t just a gateway to fun for their users and a river of potential profits for their creators, but also a pipeline for all kinds of consumer insights into how gamers fit into a larger universe of shopping and buying.

Newzoo, a marketing and analytics consultant that tracks the gaming and esports industries, estimates the North American video games market at more than $34 billion in 2018, up 14% from 2017. It recently reported that there are 2.3 billion gamers worldwide, who it estimates will spend $138 billion this year, including $70 billion spent by mobile gamers. It’s the first time mobile will have accounted for more than half of annual worldwide gaming revenues.

Market researchers who want to get to know those many mobile gamers are in luck. Thanks to mobile-app targeting, they can be reached with 100% accuracy. You can design a survey that blankets users of the top five gaming apps, or just a single app.  You can ask about their gaming preferences – or their snack and beverage preferences. Mobile app-targeting from MFour gives you a 100% Incidence Rate for connecting with consumers by the apps they use. We simply match the apps you want to target against the apps used by the validated, first-party mobile consumers who’ve downloaded our Surveys On The Go® research app. 

For example, back when the Pokémon Go craze broke out, mobile app targeting enabled us to be the first organization to conduct a systematic survey of Pokémon Go players. Within a single day, we got 1,000 completed responses from 100% validated players. It wasn’t just proof of Pokémon Go’s popularity, but of Surveys On The Go®'s effectiveness, thanks to its own popularity among 2.5 million U.S. consumers who have downloaded it and are beyond-willing to participate in your research.   

If you’re looking for insights into what players think of various video games, app-targeting obviously gives you a fast, direct connection. But it will be just as useful for understanding consumers ages 13 and over for whom playing video games is just part of who they are.  They’ll readily engage with you about products and services across any consumer sectors. Remember, your IR is 100% – a big first step toward getting insights on a fast-turn deadline.

Of course, the same kind of targeting can be done with consumers who use banking apps, news apps, or streaming apps for sports and entertainment. You can focus on their satisfaction with the apps themselves, or just use the connection to get feedback on the snacks these app-users buy, the other forms of entertainment they consume, which electronics stores they frequent, and any other subject that may or may not have to do with their gaming.

You can even ask them if they agree with Ben Franklin that games are good for the mind and body. 

As promised, here’s a look at our study of 1,000 Pokémon Go players, completed in a singled  day just after the game’s July, 2016 debut in the U.S. Just click here.

 

Topics: mobile research, mobile surveys, mobile app targeting, gamers, market research, consumer insights

MFour Hires Team Members in Product Development and Mobile Survey Project Execution

Posted by MFour on Nov 12, 2018 2:44:08 PM

New hires Newsletter 

(Left to right) Renee Curtis, Tatiana Santos and Monica Lee

MFour announces the hiring of three team members who will play major roles in developing new mobile market research products and executing clients’ survey-based projects.

Tatiana Santos joins the staff as a Senior Project Manager who will shepherd clients’ projects from conception through data reporting. She previously was a Senior Project Manager for Ipsos. She worked in banking and investment management before branching into market research. Tatiana earned a Bachelor’s degree in Business Administration from the University of California, Riverside, and a Master’s degree in Communication Management from the University of Southern California. Outside of work she enjoys yoga, reading, biking and listening to podcasts.

Monica Lee has been hired as Lead of the Fielding and Panel team, responsible for driving quality and consistency in core functions of the survey process. She arrives from comScore, where she was an Insights Analyst. Monica also previously has worked at Kantar Millward Brown, and she was one of the key research leads for the 2016 edition of the American Marketing Association’s annual Gold Report on the market research industry. She holds a Bachelor's degree in Marketing and a Master's in Marketing Research, both from Michigan State University.

Renee Curtis, Senior Product Manager, will help develop innovative new mobile research products and enhance existing ones. She arrives from Broadbean Technology, where she was a team leader and oversaw the launch of a successful job distribution and record keeping software product used by government contractors. She is working toward a Bachelor’s degree in Technological Entrepreneurship and Management at Orange Coast College. Outside of work, Renee likes hiking and is a fine-dining enthusiast; she’s also serious about improving her German and then visiting Berlin.

Welcome aboard, Tatiana, Monica and Renee!

Topics: mobile research, mobile market research, market research, consumer insights

Why Is `Why?' the Market Research Question Your Geolocation Provider Can't Answer?

Posted by MFour on Nov 6, 2018 7:00:00 AM

Blog Toddler Why 2Nov18

Toddlers do it incessantly. So why can’t virtually all of the location-research providers who’ve been trying to sell the market research industry on their ability to track consumers’ store visits?

We’re talking about being able to ask the fundamental question, “why?” As anyone who’s spent much time with little kids can attest, it’s never far from their tongues.

Why?

Because “for children, `why’ questions help them make sense of the world around them….These `why’ questions also help spur and accelerate learning,” says Rebecca Palacios, one of America’s most respected experts on early childhood education, in a Huffington Post article titled “Why Do Children Ask Why?”

So here’s our own “why” question of the day:

Why can’t those location-research tech and analytics providers let you do as a consumer insights pro what you did almost nonstop when you were knee high to a Great Dane?

Why won’t they let you ask the “why” behind the buy?

Here’s why: technology and data analytics providers don’t really know market research.

They know how to find undifferentiated people, and tell you how many of them have gone to a given location. They’re able to collect footprints, but they can’t help you connect with the actual human beings who are leaving them. They can’t help you ask “why,” the most important question when it comes to understanding and influencing consumer behavior.

Yes, footprint data can be illuminating to an extent as a standalone, but its most advanced use is to point you in the right direction in your quest to truly connect with consumers and understand the many whys behind where they go – and what they think, feel, see and do while they’re there.

MFour creates location technology, but we do it in the specific context of perfecting it for the sake of market research. We pioneered building location capabilities for market research, and we’re the only company to have simultaneously built an all-mobile, validated first-party panel for that technology to track.  (with their double opt-in informed consent).

You’re in the business of obtaining a 360-degree view of consumer behavior, and so are we. Not just the “where,” but the “why.”

  • Why did a consumer we located as he passed in view of a billboard for Target visit a Target store three days later? 
  • Was it attributable to the ad exposure, or just a coincidence?
  • Why do some consumers alternate frequently between Target and Walmart – as reflected in their location footprints?
  • Why are some big box shoppers loyal to one while completely rejecting the other?

The moral of this post is that you should never let any market research provider sell you short by not permitting you to unleash your inner three-year-old. Don’t settle for footprints and algorithmic models that can’t begin to give you the “why” to questions like the ones above.

Always insist on the “the why” behind the buy.

Why?  Because you can’t afford not to.

To learn more about how to target, track and survey mobile consumers by using MFour's Path-2-Purchase® Platform, just click here

 

Topics: consumer survey, mobile research, geolocation, market research, Path-2-Purchase™ Platform, surveys, mobile app research, in-store surveys, consumer panel, mobile consumer panel

5 Tips: Using Mobile Market Research To Maximize App-Generated Revenue

Posted by MFour on Nov 1, 2018 6:00:00 AM

Blog Money Making App 30ct18

Is it time to conduct market research into your brand’s app?

Does it matter how it stacks up against your competitors’ apps?

Of course it matters. Apps are by far consumers’ technology of choice for accessing digital content. Getting them to download your app is like discovering a silver mine. And getting them to use your app regularly is like finding the pot of gold at the end of the rainbow. A successful app can turn the purchase funnel into a water slide: consumers ride down the digital chute to swim in your revenue stream.

Advanced mobile market research tools for evaluating consumers’ opinions about any app are now readily available. Significantly, they are housed inside an advanced mobile research app that meets validated, first-party consumers in the mobile-app space where they’re most comfortable and most easily engaged. The app is Surveys On The Go® (SOTG) from MFour, which puts consumer insights professionals in touch with a mobile research audience of 2.5 million U.S. consumers who consistently give it the highest satisfaction ratings of any market research app - 4.5 stars out of 5 across more than 100,000 ratings posted at Apple’s App Store and Google Play.

Here are some tips on how you can leverage mobile-app research capabilities. 

  • Fast-turnarounds are no problem when you’re surveying users of any brand’s app. They’re identifiable by the apps they use, so you can target known app users of any app you want to study.
  • Get a thorough audit on your own brand’s app. Are load times fast enough? Does the display and ease of navigation meet consumers’ expectations? Remember, your app’s users are always judging it against their best app experiences.
  • Now that you’ve gained intimate knowledge about your own app’s performance, the next step is to replicate the same research to get competitive intelligence on your competitors’ apps.
  • Is there dissatisfaction in the ranks of a competitor’s app users? That’s an opportunity, and you can get all the details on what’s making your rival vulnerable on the mobile-app front.
  • Does a competitor’s app get higher scores with its users than your app gets with your users? Now you know how much higher you have to set the bar. 

Here’s an example of what a brand can accomplish by upgrading its app. This recent article from Mobile Marketer details how the USA Today Network, a news group of more than 100 local outlets nationwide, achieved significant gains in reader engagement by improving the performance of its mobile website and mobile app.

Identifying and reaching out to first-party consumers by the apps they use opens many other doors to relevant, highly-specific data. And that 100% incidence rate always guarantees you a perfectly streamlined process for the utmost in speed and accuracy. Apps are a great tool for segmenting consumers to gain targeted feedback on any topic that’s relevant to your market research. But more on that later.

 

 

Topics: mobile research, mobile app targeting, mobile market research, smartphone apps, app tracking, market research, competitive intelligence

It's No Fantasy: Online Research Is Like a Player Who Has Hung on Too Long

Posted by MFour on Sep 19, 2018 6:00:00 AM

Blog Football Player 13Sept18

If you're a Fantasy Football player, you probably have been researching yards gained, touchdowns scored and interceptions thrown in your breaks from your main research agenda as a consumer insights pro. Assuming that your Fantasy League hasn't taken over as your main research agenda.

Chances are that one of the research questions you faced was how to evaluate aging stars against emerging young guns. Are Tom Brady, Philip Rivers, Ben Roethlisberger and Eli Manning still Fantasy-worthy, their advancing age?

Or would you be better off suiting up one of the new guys -- Sam Darnold, Deshaun Watson or Josh Allen, for example?

Believe it or not, you face similar choice when you're wearing your market research hat instead of your Fantasy Football GM's cap. Can you eke out another project with legacy data from online surveys? Or is it time to recognize that your longtime warhorse has worn out, and its time to jump to the speed, range and versatility of mobile data? If you make the wrong decision, you won't just lose a Fantasy League membership fee. You'll bring in suspect data that could undermine multi-million dollar business decisions.

Our advice as you decide whether to stick to comfortably familiar online studies is to consider Bret Favre, who was one of the greatest -- until he hung on just a bit too long to get the job done. There's no sentimentality in business, so you need to be sure about the data quality you're getting.

Favre had an epic career that lasted 20 seasons – including more than 17 straight seasons in which he set an all-time NFL record by playing in 321 consecutive games (playoffs included). No quarterback in pro football history threw the ball more (10,960 attempts) or completed more passes (6,781). Along the way, Favre won three straight Most Valuable Player awards in the 1990s, and quarterbacked his Green Bay Packers to two Super Bowls, winning one.

Online research also has had its time of glory. For about two decades it was the most prolific survey mode in the consumer data game, and it provided many most-valuable insights. But as was the case with Brett Favre -- and just about every other great athlete -- time and change take their toll. Online research is in its twilight now, its performance and capabilities greatly diminished from its prime.

The statistics show that Favre hung on one year too many: in 2010, his last season, he threw nearly twice as many interceptions as touchdowns, had the worst quarterback rating of his career (69.9, down from peak years when he was always above 90), and suffered a sprained shoulder and a concussion that kept him out of three games, ending that mighty streak of consecutive games played. Meanwhile, the Packers had moved on, trading Favre to clear the way for Aaron Rodgers, who quickly established himself as a great, Super Bowl-winning quarterback for a new generation.

And so it is with online research as it stands today. Quality completes are harder to come by, projects are being routinely intercepted by fraudulent survey bots, and doubts have set in about online’s ability to deliver a demographically representative consumer panel. Increasingly, we see online providers resorting to Hail Mary tactics such as routing, river sample, and multi-source panel-blending -- and sometimes even claiming that approach is a virtue. But the result is compromised data and widespread discontent with project results. 

Meanwhile, the game has moved on to its next dominant player, in-app mobile research conducted with a validated, first-party consumer panel. Brands and major market research firms are becoming increasingly aware of what it can accomplish. To have a productive conversation about how in-app mobile can help you effectively tackle your projects' specific needs, just click here.

Topics: mobile research, market research, consumer insights, pro football

11 Tips for Uninterrupted Connections with Mobile Black Friday Shoppers

Posted by MFour on Sep 18, 2018 7:00:00 AM

Black Friday 12Sept18

Steely Dan has spun many a memorable tune in a pop music career that earned it a spot in the Rock and Roll Hall of Fame, and one of them is right on target for every marketing and consumer insights pro who's gearing up for the big Thanksgiving shopping weekend: “When Black Friday comes, I’m gonna stake my claim.”

Steely Dan released its song, “Black Friday,” in 1975, when the title evoked disaster, not the biggest shopping day of the year. When Black Friday comes, brands and retailers need to claim as much market share as they can, and that means high stakes for the researchers whose data and analysis feeds product and marketing strategies.

A new report from Salesforce underscores why it’s especially important to make your research fast and flexible to obtain data day-by day-during the holiday shopping season. The key takeaway is that consumers will be using their smartphones moment-by-moment to shop and buy, just as they use them moment-by-moment for nearly everything else related to accessing, creating, and exchanging the information that drives most aspects of most mobile citizens’ economic and personal lives. Among the findings:

  • 71% of consumers will use mobile devices while shopping in a brick-and-mortar store this holiday season, according to Salesforce.
  • That’s a significant increase over the 62% who used phones in-store in 2017.
  • In-store smartphone use will rise to 83% for consumers in the key 18- to 44-year-old age demographic.

Those uses will vary – from buying on mobile for future delivery, rather than plucking a product from a shelf or rack and taking it to the checkout stand, to researching products, to calling mom for advice on whether striped or solid is the way to go for dad’s new shirt.

To keep up with today’s fast and flexible mobile consumers, consumer insights pros need to be fast and flexible themselves.

Think of shopping as a process that used to run on a monorail from physical store to physical store, but now runs on two train tracks, mobile shopping and brick-and-mortar stores, that continually overlap. To maximize success on Black Friday through Christmas Eve, retailers and brands need to keep close watch on consumers’ movements along both tracks. And to fill that need, MFour created Path-2-Purchase® Platform.

For the first time, clients are observing mobile consumers’ physical journeys through 12.5 million U.S. locations, including all stores of the top 1,000 retailers and restaurant chains. At the same time, they’re aligning seamlessly with the new reality of smartphones as consumers’ most important shopping tool at every step along the path to purchase, whether in-store or lying on the living room couch.

  • With Path-2-Purchase® you’ll target the consumers you need to understand, you’ll track their movements from store to store, and you’ll survey them at critical moments during or after a shopping visit. You also can reconnect with validated natural purchasers for in-home product use-tests. 
  • You’ll also gain unique context by appending extensive historical data that reveals your targeted consumers’ location journeys stretching back in time.
  • Besides knowing exactly where they’ve gone, you’ll get a head start on knowing who they are, thanks to extensive profiling surveys that the 2 million-plus consumers who have downloaded the Surveys On The Go® mobile consumer research app have answered. You’ll see who fits the consumer profiles you need to understand, and target your research accordingly.
  • For example, to prepare for Black Friday, you could start by identifying validated, first-party consumers who are observed regular visitors to your stores. No need to ask them whether and when they have visited relevant locations, because with Path-2-Purchase® you’ll have seen where they’ve been and know who they are.
  • When consumers in your chosen audience enter or exit any of your relevant research locations, they’ll be identified through mobile GeoValidation® and you’ll push them a survey notification on the spot.
  • If you need speedy data, you can expect a 25% response rate in one hour and 50% within 24 hours. Or you can stagger fielding if that’s the way to go, assured that the completes will arrive on schedule.
  • Ask about the shopping experience your consumers are having right now, or just had. Ask about their plans for Black Friday shopping. Ask whether they plan to shop for a shirt for dad, or any other product or category that’s relevant to your research.
  • Are your respondents already making a list and devising a strategy for holiday gift shopping? Who’s discount-oriented and planning to batter down doors or tap and scroll starting at 12:01 a.m. on Black Friday? Who hates fighting crowds and would rather shop when it’s less hectic, even if it costs more? If price isn’t their foremost motivator, then what is?
  • Now field a location-based survey asking the same kinds of questions – except this time targeting your competitors’ observed shoppers. Knowing them gives you your best chance of prying them away from the competition.
  • Once the holiday shopping season begins, you can keep a finger on consumers’ pulses by using quick-turnaround research options that will help you spot trends or address shopper-satisfaction issues in time for your stakeholders and decision-makers to press an advantage or correct a problem on the fly.
  • You can visualize and identify audiences for your study with Path-2-Purchase®, then execute a quick-turnaround project with MFourDIY®, the only all-mobile do-it-yourself research platform (and the only one where “DIY” is a bit of a misnomer, because you can count on prompt, live support when you need it, from an MFour staff specialist).

For more ideas on fast-turnaround research that connects you to validated, first-party mobile consumers in the mobile and physical spaces they inhabit, and in time to make a real difference in sales, you can take a look at a holiday-specific case study by clicking here.

And for a productive talk about how Path-2-Purchase® Platform and other mobile-app research tools can power your specific projects, just click here.

When Black Friday comes, you’ll stake your claim to the advanced, fast-reflex mobile research approaches you need to understand consumers whose mobile and physical worlds haven’t just collided, but melded into one.

Topics: mobile research, black friday, path-2-purchase, Path-2-Purchase™ Platform, consumer insights, holiday retail

Will Super-Fast Consumer Data Be There When You Need It Most?

Posted by admin on Sep 13, 2018 10:02:28 AM

Blog dinosaur crisis data 5Sept18 

What killed off the dinosaurs, and what does that have to do with market research and your job as a consumer insights professional?

The question is prompted by a recent magazine cover story in The Atlantic. Headlined "The Nastiest Feud in Science,it’s a fascinating account of an ongoing battle between paleontologists who stick to the long-accepted theory that T-Rex and company were done in by the climate effects of a huge asteroid crashing into the ocean just off Mexico’s Yucatan Peninsula, and rivals who say that the catastrophe was brought on by repeated volcanic eruptions in India.

The connection with your job as a marketer or market researcher is that you need to be prepared to carry out high-speed crisis research, because there’s always a risk that some unforeseen, unfortunate happenstance will come crashing down on your brand. When it happens, corporate higher-ups will be looking to you for ultra-fast consumer data. Without knowing the actual and potential damage, hour by hour, the chances of suffering extinction, or at least a significant loss of market share, will continue to mount. Without fast, accurate data, there can be no timely, effective action plan to prevent or reverse a slide in consumers’ esteem for an embattled business. 

A public relations industry news source, Bulldog Reporter Daily, gives a brief rundown on what to do if that figurative asteroid hits and jeopardizes a business. The article, “5 tips for dealing with a crisis from a PR perspective,” emphasizes preparedness and the ability to reach out in an instant to understand what consumers think of your brand in light of a potentially harmful event.

One of the five tips is “Listen to feedback from others.” As writer Jeremy Sutter advises, “listen to what the public is telling you…you can tell what they are thinking if you literally just ask them what is on their mind.”

And that’s where advanced mobile market research capabilities come in. There’s no faster way to get a read on consumer opinion than to field a mobile survey to measure an eruption’s impact – not just on the general public, but on the most relevant segments whose reactions can help a suddenly challenged business navigate to safety. 

Our tip for researchers is to connect with Path-2-Purchase® Platform for regular, day-to-day fast data. It'll relieve deadline pressure that can seem like a daily crisis, even if it's part of your routine. And it will mean you're prepared in case bad stuff happens. Being connected to consumers through Path-2-Purchase® gives you the rapid deployment research capability you'll need to advise stakeholders during a crisis as they rush to prevent or minimize damage to your brand. Here, briefly, is how Path-2-Purchase® works:

  • Members of the largest all-mobile consumer panel have consented to have their daily buying journeys tracked, creating a detailed record of first-party consumer visits to 12.5 million U.S. locations, including the top 1,000 retailers and restaurant chains.
  • If a crisis hits, a quick look at the platform lets you identify your consumers in an instant – including loyalists who visit regularly, and brand-agnostics who, in a crisis, could be high risks to become your brand-rejectors and your competitors' brand loyalists.
  • If it’s a specific product that has come under fire, the brand can similarly locate consumers at major retailers where it’s sold, and send out a survey to consumers in the product’s category, and to those who have purchased the product in the past.
  • Survey notifications go out in an instant, reaching consumers while they’re still in a store, or just after they’ve left.
  • Additionally, you can cast a wider net with a general population survey, which would be extremely useful to understanding awareness and brand perceptions among the public at large. 
  • How fast is crisis-mode fast? You can expect response rates of 25% in an hour and 50% in a day for any advanced, in-app mobile study, compared to industry averages under 5% for online surveys. Path-2-Purchase® is built to give you the highest speed and data quality in any research situation, whether it's routine or a red alert.

A classic instance of a brand responding quickly and effectively to a crisis was Johnson & Johnson’s handling of a nightmarish episode in 1982, in which an unknown killer caused deaths by injecting poison into boxes of Tylenol capsules on store shelves. As this detailed account  from Fortune magazine shows, consumer opinion surveys played a key role in helping J&J executives understand the dimensions of the crisis and formulate strategies for resolving it and building the brand back up.

Today, Path-2-Purchase® Platform is the rapid-response data solution for any circumstance. Let’s have a productive conversation about how it can meet your current projects’ specific needs, while providing a security blanket that frees you from having to worry about how to respond to consumer data needs during a crisis. To schedule a close discussion of your needs and MFour's solutions, just click here.

 

 

Topics: mobile research, consumer insights, crisis management

Taking the Fear Out of Halloween Consumer Research

Posted by MFour on Aug 30, 2018 6:00:00 AM

Blog Halloween early bird 29aug18  

Have you ramped up your market research yet for Halloween? Trick or treating commences in just two months, so it’s time to review whether you’re equipped with solutions for harvesting accurate, reliable and representative consumer insights on candy and costumes, pumpkins and decorations, and the season’s scary movies. After all, quoth the Raven, the early bird gets the revenue.

  • The National Retail Federation estimated that 179 million Americans of all ages celebrated Halloween in 2017, spending $9.1 billion, or $86 per household. And 30% of those the NRF surveyed said they had begun their Halloween shopping in September, with an additional 6% starting even earlier.
  • The NRF estimated last year that about 37% of consumers expected to do their shopping at a Halloween specialty store, second only to discount stores (47%) and ahead of grocery stores (25%) and online shopping (22%).
  • The NRF study found that 35% of consumers planned to search online to get ideas for their Halloween purchases and celebrations. 30% would do reconnaissance in-store, and that 10% to 18% would look for ideas on social media, depending on the platform.

With those stakes in mind, here are some ideas for marketers and market researchers who are gearing up to collect consumer insights leading up to Halloween.

In-Store Shopper Experience and Satisfaction (Have You Been Tricked?)

Your research data will be nothing but empty calories If you rely on stated answers from surveys taken days or weeks after a shopping experience. In market research, recall bias spoils the candy, producing dubious data that’s unfit for consumption by your stakeholders and clients. Here are some of the questions for which you need consumers to answer with certainty, not guesses.

  • Are Halloween product displays at groceries, party-supply stores and crafts stores capturing shoppers’ attention?
  • Are displays and promotions having the desired, in-the-moment effect by driving spending from in-store consumers who hadn’t even intended to make any Halloween purchases?
  • Is the holiday candy aisle enticing shoppers? Or is it a mess that makes it hard for them to find what they want?

Now Here's Your Treat

In-store and after-visit mobile location studies are the way to go to understand the shopper experience. It’s the only cost-effective way to know what’s driving them at the Point-of-Emotion® where buying decisions are made.

  • Follow your audience into a store by using mobile geolocation. Survey them right there, or wait until just after they’ve left. In either case, the data is fast, fresh and free from recall bias.
  • Mobile respondents also will use their phones to create stills and videos on the spot, showing you exactly what they see while they tell you exactly what they think about displays, placement, service quality, store environment, and whatever else you need -- including whether you’ve stocked big enough pumpkins.
  • Media captures also give you ironclad validation of visits and purchases. When already validated members of a first-party consumer panel photograph purchase receipts or store displays, there can be no doubt as to data quality.

Advertising Effectiveness (Have You Been Tricked?)

Advertisers and agencies suffer frustration year-round when it comes to finding real, dependable metrics for awareness, lift, and attribution across all media.

  • The lack of actual data from real, ad-exposed consumers is downright scary for anyone who has an advertising budget to allocate.
  • Until now, there’s been no choice but to resort to voodoo: trying to dress up location data from unvalidated consumers by adding mere inferences about who they might be. Algorithms that sift through third-party data spit out a profile, but can you trust it? You need actual data from known, first-party consumers.

Now Here's Your Treat:

Intelligent-OOH™ is the new market research product that finally provides a way to talk with real, first-party consumer panel members who actually have been exposed to out-of-home advertising.

  • First you validate their exposure via advanced mobile geolocation.
  • Then you survey them to understand how well the OOH campaign has succeeded.
  • Ascertain their brand and product awareness versus an unexposed control group.
  • Learn whether they intend to buy.
  • Then track their subsequent location visits and send a survey after they’ve been to a store that carries the advertised product. Do they cite the billboard or other OOH signage when you ask why they bought a product?

Entertainment Industry (Have You Been Tricked?)

Halloween is synonymous with horror at the multiplex, but theater chains need to be sure their customers are experiencing movies as a treat. There has been no good way to get reliable data on how moviegoers view their experiences with concessions, lobby displays and on-screen advertising. To get people into those seats, film studios need to create effective trailers, and test them on the target audience for each film.

Now Here's Your Treat:

  • In-store and after-visit location studies put cinema owners in touch with validated moviegoers, for fast insights into their experience of the movie and of the theater’s amenities. If something’s not right on opening weekend, you’ll correct it by the next.
  • MFour is the acknowledged leader in mobile film-trailer and television episode testing.
  • Special smartphone technology enables entertainment clients to show clips or entire trailers on the same smartphones most consumers use to scout movies and decide which ones to see.
  • Security is crucial in trailer testing, and MFour’s system prevents respondents from downloading or sharing test images or video clips. In other words, no unauthorized spoilers.

Whether your research needs are in advertising effectiveness, shopper experience, or path to purchase, let’s talk about how mobile research solutions can satisfy your projects’ specific needs. Just click here.

 

Topics: mobile research, geolocation, market research, consumer insights, Halloween, in-store

Don't Underestimate what Mobile News Consumption Means to Market Research

Posted by MFour on Aug 23, 2018 7:00:00 AM

Blog mobile news 22Aiug18

Should the news that news consumption is overwhelmingly mobile matter to marketing pros and the market research industry? Should it matter to skiers whether there’s snow on the mountain?

For good reason, news organizations are scrambling to meet consumers on mobile, because that’s where news consumers have gone. Those who’ve been able to offer a great mobile product are gaining readership and revenue, while those who can’t seem to get mobile right continue to fade. Similarly, amid industry-wide malaise in market research caused by falling survey participation and crumbling data quality, it’s past time to go all-in with mobile data-collection and get it right. There’s simply no other way forward.

Pew Research Center’s most recent checkup on the state of news consumption underscores that it’s no longer news that mobile has taken over in nearly every phase of life. Skiers who are trying to stay upright during a downhill run may be among the few identifiable groups who are certain not to be using their smartphones at any moment. Or so one hopes.

As snow is to skiers, mobile is to the job of trying to understand consumers. It’s simply the medium in which information activity occurs. Without snow, there’s no skiing. Without mobile news publication, there’s no audience. Without mobile consumer data, there’s no way to understand consumers. And without a way to understand consumers, the news about market research and the businesses that depend on it for smart decision-making probably won’t be good.

Here are key data points from Pew’s study, which was conducted in 2017.

  • 58% of U.S. adults often consume news on mobile, compared to 39% on personal computers.
  • Mobile news consumption rose 176% from 2013 to 2017, compared to an 11% increase over the four years in news access via laptops and desktops.
  • Younger news audiences are even more heavily invested in mobile: 71% of 18- to 29-year-olds say they often get news on mobile, as do 67% of 30- to 49-year-olds.
  • In fact, among 17 demographic segments Pew focused on in its summary, spanning age, gender, race, income, education and political party, just one group, respondents over 65, said they most often used PCs rather than mobile to get the news.

To make a long story short, consumer insights pros and the decision-makers who depend on them for data they can trust need to focus on three key words: “GET MOBILE RIGHT.”

Start with that as your motivation, and we’ll help you get where you need to go. To set up a productive conversation about how to get mobile right as you seek solutions to your projects’ specific needs (including adding mobile to trackers), just click here.

Topics: mobile research, market research, consumer insights, data quality, surveys, consumer experience

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