Posts Tagged ‘feedback’
Guide to Employee Satisfaction Surveys
The benefits of conducting an annual employee survey is widely accepted but many organizations have been put off by the amount of effort those annual surveys take to deploy.
Many organizations who have conducted their own internal employee satisfaction surveys use word-processors to design and compile a survey, then go through the effort of printing and distributing the survey and invest time chasing and collecting the completed surveys and then more time transferring the survey response information into a meaningful management report.
Fortunately with the introduction of the Internet and hosted survey websites what was once a time consuming, resource hungry, long winded and cumbersome process is now slick, quick and easy.
Document here is a step by step guide to help implement a survey that will bring considerable benefits to any organization.
Step 1 – Identifying the Need
The reasons an organization might need a survey are as wide and they are long. Listed below are a few of the common reason why employee satisfaction surveys are conducted.
Event Driven
If your organization is about to embark, or is going through, a change management program employee surveys can assist in managing the change, measuring the effectiveness of the change, help to deliver a ‘message’ and gather valuable feedback throughout the change cycle.
Where an organization is experiencing a period of rapid growth employee surveys can make sure that the employees are aware of their reporting and management responsibilities.
Where an organization is suffering from poor moral brought on by either internal or external influences an employee survey can be used to identify the specific concerns of employees so those concerns can be properly addressed.
An employee survey can help an organization identify the underlying cause of employee unrest that may results in an increase of staff turnover and through the survey findings help find solutions.
Periodically
As part of a periodic assessment, surveys will help an organization review their personnel and monitor on an individual level job satisfaction, training and career development.
Employee surveys offer the senior management the opportunity to look at the soft underbelly of their organization and will help them confirm, or otherwise, that their ‘top down’ view of the organization matches the reality and the ‘bottom up’ perspective.
Employee surveys will help an organization establish good employee/employer communication that will in turn bring direct and indirect benefits.
Step 2 – Management Buy-In
Although having management buy-in to a survey is always desirable and in some cases may be essential to ensure it is a success, in some instances the results of a survey that may be all that is required to kick-start a management that has grown complacent and detached from their employees.
Some organization may be fortunate in that the senior management recognize and drive the need for employee surveys, while in others the management may need to first be convinced of the direct and indirect benefits an employee survey will bring.
The level of management commitment to an employee survey will have some bearing on the nature of the survey and to some extent will help determine what questions are to be asked and the manner they are asked.
A management that is supportive of the initiative may have specific areas of concern that they require feedback on or they may give the go ahead simply because they have no reason to think that the level of employee satisfaction throughout the organization is anything other than high.
Ideally management will buy-in to the employee survey from the very start as they have the most to gain and they are in a position to effect any change that is later identified as being required.
Step 3 – Designing the Survey
Compiling an effective survey can take some time and effort but by applying the basics of good survey design and focusing on ‘need to know’ questions and removing the ‘nice to know’ a survey will rapidly take shape.
Deciding on what questions should be asked will be entirely dependent on the individual organization, its structure and the previously identified primary need and objectives of the employee survey.
When considering what questions to ask consideration should be given to how the results are to be analyzed. As an example you may be tempted to ask for individual comments but these types of answer formats can be very cumbersome and time consuming to analyze and it is recommended that they be avoided or at least used sparingly.
Online surveys make it practical to conduct multiple smaller surveys than one very long survey and avoid the higher the drop out rate that are associate with longer surveys.
Step 4 – Proof Reading And Testing
Spelling, Grammar and Clarity
Before the survey is published carefully check that there are no spelling and typing mistakes or incorrect grammar. If available it is always better to have someone who has not been involved in designing the survey to proof read the survey with clean eyes, if no one is available try to take a break before checking through the survey again.
Say What You Mean And Mean What You Say
When checking the survey consider the survey from the respondent’s viewpoint, you may know what you mean by each question but will the employee?
Allow the Respondent to Answer Truthfully
Where the employee will be required to choose from a number of available responses, closed questions, have you allowed the employee to answer accurately? Make good use of answer response options like ‘No Comment’, ‘Not Applicable’ or ‘Don’t know’ where you have made the question mandatory but the employee may not be able or wish to answer.
Consider allowing the employee to include an ‘Other’ answer but also appreciate that ‘Other’ answers will add to the complexity when analyzing the survey results.
Don’t Insist on a Response to Questions that may not have one
Check that for any questions that you have made mandatory you do require an answer, for example open questions such as asking for additional comments should be made optional unless you definitely require the respondent to write a comment.
Check You Will Be Able To Analyze The Data
Make another check of the survey but this time examine how the results of the survey will be analyzed. Give consideration as to how you will want to analyze the survey data, have you asked the right questions to be able to perform the detailed analysis that you desire? For example if you want to be able to view the detailed response data from the perspective of the different departments, or maybe gender, check you have asked the employee to indicate their own department and/or gender.
Don’t Ask Anymore Questions Than You Need To
Consider all the questions in the survey and ensure that they are all ‘need to know’ questions.
Test The Link And Try Completing The Survey
Publish the survey and then send the survey’s link to a number of people who will be willing to test the survey. By completing you own survey yourself you will get a feel for how the respondent will view the survey. From your own and the feedback of your colleagues stop and fine tune the survey as required.
Repeat this process until you are happy with the survey.
Check The Data
Take time to view the online summary results of the test data and confirm that the data is being collected in a manner that can be properly analyzed and that will give meaningful results.
Step 5 – Promoting And Deploying The Survey
Where all or the majority of employees have access to the Internet or company intranet deploying the online survey is as easy as falling off a log, either via email or by establishing a link to the survey from your own website or the Intranet.
If there are employees that do not have direct access to the Internet there may be a number of alternatives that can be used such as issuing the survey in printed form, providing access through a shared terminal or giving them an incentive to complete the survey at home.
Anonymous Responses?
There is a choice to allow all surveys to be completed anonymously. A survey where respondents are allowed to be anonymous may encourage employees to speak their minds promoting ‘a warts and all’ approach, in turn giving management an opportunity to address potentially serious problems before it is too late.
However, allowing anonymous comments also allows employees to be more cavalier and flippant with their responses. Some organizations may only wish to take account of the views of those employees that are prepared to stand by their convictions and that will also allow the organization to follow up the specific concerns of individual employees.
Deciding to allow anonymous responses or not will mainly be down to the individual organization, the specific nature of the survey, the type of survey, the management style and the existing employee/employer relationship.
Step 6 – Monitoring
While the survey is in progress you are able in to view the real-time results online and the number of surveys that have been both started and completed.
If after a few days the number of completed surveys falls short of the expected target it is advisable to send periodic reminders to employees asking them to complete the survey.
Step 7 – Analyzing The Results
When it comes to analyzing the results data there are no hard and fast rules. Much depends on the individual survey, the questions asked and the number of responses.
The majority of surveys will benefit from the results being displayed in graphical as well as tabular form.
When first analyzing survey data often a number of ‘headline’ results will immediately stand out that will provide you with a general overview and, providing the right questions have been asked, give you an instant assessment of the mood throughout the organization as a whole.
In areas where the results indicate areas of concern a more detailed analysis may be advisable. For example if employees were asked if they felt the organization provided equal opportunities to both genders it would be useful to have a gender split and if say 25% gave a negative response the ability to drill down further to see what the gender split was of the 25% that answered negatively. Was any negative view shared by employees of both genders, consistent throughout the organization, or was it restricted to a particular gender and/or a particular department?
There is a method of reporting that presents the result data in tabular and/or graphical form allowing those who are interested in the results to view the raw data.
As a complement to the first, another method is to study the results and provide an analysis of the data and offer an opinion as to what the meaning is behind the results, what circumstances may have contributed to the results being as they are and in cases where the results have exposed negativity, propose initiatives that could address and resolve the problems . If the analysis is done by a single individual it is likely to be a personal opinion, if done collectively by a committee it is still likely to be more objective and possibly open to interpretation.
Step 8 – Post Survey Action
Probably the most important step is the last. An employee survey will either confirm that the perfect organization exists or it will highlight areas that are less than perfect by identifying individual and common concerns.
It may prove necessary to conduct further, more detailed surveys, to target specific areas. For example the survey may reveal that employees working in a particular department are collectively unhappy, but the reasons for their dissatisfaction may not be clear. A specifically targeted follow-up survey may help reveal the root causes.
When employee surveys are periodically run an organization that has taken steps to address issues will see their efforts reflected in subsequent survey responses. Almost all organizations have problems and it helps an organization’s moral to see that a channel exists that will identify problems that can then be addressed and resolved.
Summary
These guidelines are intended to help an organization conduct successful employee satisfaction surveys, they are however, only a guide.
Each organization is different in style and structure and that will directly influence the tone and nature of the survey and will also dictate what the primary and secondary reasons are for conducting a survey.
By utilizing existing technology and conducting surveys online you are now able to monitor the heart beat of an organization, quickly, easily and, by using websites like www.surveygalaxy.com, at a very reasonable cost.
Have you Fixed the Broken Window?
If not repaired it doesn’t take long for a building with one broken window to quickly turn in to a building with a lot of broken windows. Addressing problems when they are small will prevent them from developing into larger problems.
The same is true when considering the level of employee satisfaction. Dissatisfaction can spread like wildfire and in the blink of an eye you can have the type of morale problems that are notoriously hard to resolve.
To ensure that your employees are happy you need to understand what their problems and concerns are and it is important to deal with them early on. It is important to keep the initiative and a good tip is to give a little and often.
This turns out be just a vicious circle. Fixing problems when they are small is also when they are at their cheapest to fix. There is little advantage for the employer to wait until they are prompted by the employee to make urgent change, if they are proactive the employer can operate from a position of strength and that in turn will help maintain the respect that their employees have towards them. Staff like strong, confident management and this approach generates respect not least because someone has taken the time to understand some of the employees’ issues.
Compare that with those managers who are out of touch. They arrive late at a problem so they are on the defensive, and with their credibility eroded they have to concede to demands which in turn leads to further and less reasonable demands. It is not big and it is not clever.
The issue, then, is how to go about monitoring the morale of a company without a big budget and without much spare time?
The most obvious solution is to conduct an online employee survey. They offer a quick, easy and cost effective solution. Surveys can be written and deployed in seconds, using email, web links and social networks they cost nothing to disseminate and the results are collated and displayed in real time.
The ideal delivery platform is the corporate intranet.
By linking through to an online survey website a company can regularly conduct surveys so they become part and parcel of the daily operations.
With the ability of an online survey to produce real-time results the mood of the workforce can instantly gauged, concerns highlighted both on a collective and individual level.
Businesses can use survey results to highlight problem areas and then use follow-up surveys to target specific concerns. With good intelligence managers are able to identify specific problems and prepare a considered response.
A major advantage of regular surveys is that it allows a company to address small problems in a timely manner avoiding ‘the straw that broke the camels back’ syndrome where a relatively insignificant incident unleashes a torrent of pent up concerns.
And don’t forget that the majority of employees appreciate being consulted so asking their opinion is not a sign of weakness but an indicator of good decision making.
Every now and then management problems can be solved with something that is quick, easy and won’t break the bank; enjoy.
Don’t Leave a Broken Window Broken
If not repaired it won’t take long for a building with one broken window to quickly turn in to a building with many broken windows. Addressing problems when they are small will prevent them from developing into more serious problems.
When considering the level of employee satisfaction the same is true. Dissatisfaction spreads like wildfire and in a surprisingly short period of time you’ve got morale problems of the kind that are notoriously hard to fix.
To be confident that your employees are satisfied you need to be aware of any day to day problems and deal with them before they get out of hand. It is important to keep the initiative and a good tip is to give a little and often.
This turns out be just a vicious circle. Fixing problems when they are small is also when they are at their cheapest to fix. Most employees would prefer their management to take the initiative with any prompting and if the do management can then operate from a strong position. Employees like strong, confident management and a proactive approach generates respect not least because someone has taken the time to understand some of the employees’ issues.
Compare that with those managers who are out of touch. They arrive late at a problem so they are on the defensive, and with their credibility eroded they have to concede to demands which in turn leads to further and less reasonable demands. It is not big and it is not clever.
How then can an organisation monitor the morale of the employees without a big budget and an abundance of spare time?
Online employee surveys would appear to tick all the boxes. They’re quick, easy to use, and a low cost solution. Surveys can be written and deployed in seconds, using email, web links and social networks they cost nothing to disseminate and the results are collated and displayed in real time.
The ideal delivery platform is the corporate intranet.
By linking through to an online survey website a company can regularly conduct surveys so they become part and parcel of the daily operations.
With the ability of an online survey to produce real-time results the mood of the workforce can instantly gauged, concerns highlighted both on a collective and individual level.
Using the survey results companies can quickly identify problem areas and follow-up surveys can be used to target specific concerns. With good information managers are able to identify specific problems and prepare a considered response.
A major advantage of regular surveys is that they allow companies to address relatively small problems in a timely manner and avoid ‘the straw that broke the camels back’ syndrome where what might be seen as a insignificant incident explodes into a torrent of pent up anger.
And don’t forget that the majority of employees appreciate being consulted so asking their opinion is not a sign of weakness but an indicator of good decision making.
Very occasionally management problems can be solved with something that is quick, easy and won’t break the bank; this is fortunately just one of those occasions.
Have you Fixed the Broken Window?
If a single broken window is not repaired it won’t be long before more windows are broken. Resolving problems when they are small will prevent them from developing into larger problems.
The same is true when considering the level of employee satisfaction. Dissatisfaction can spread rapidly throughout an organization and before you know it you can have morale problems that can be hard to resolve.
To be confident that your employees are satisfied you need to be aware of any day to day problems and deal with them before they get out of hand. It is important to keep the initiative and a good tip is to give a little and often.
This turns out be a vicious circle. Fixing the problem when it’s small is also when it’s easiest and when it’s cheapest. If the management is reactive and waits until they are prompted by the employees they run the risk of having to implement urgent change from a weak position; if they are proactive they can operate form a position of strength and will also maintain the respect of the employees. Employees look for strong, confident management and having a proactive approach and taking time to understand the employees’ issues will gain the respect of the workforce.
Compare that with managers who are out of touch. They arrive late at a problem so they are on the defensive, and with their credibility eroded they have to concede to demands which in turn could lead to further and less reasonable demands. It is neither big nor clever.
The issue, then, is how to go about monitoring the morale of a company without a big budget and without much spare time?
Online employee surveys would appear to tick all the boxes. They offer a solution that is quick, easy and low cost. Surveys can be created in minutes and deployed in seconds, with the results compiled in real time; and by using email and websites they cost nothing to disseminate.
The ideal delivery platform is the corporate intranet.
By linking through to an online survey website a company can regularly conduct surveys so they become part and parcel of the daily operations.
With the ability of an online survey to produce real-time results the mood of the workforce can instantly gauged, concerns highlighted both on a collective and individual level.
Organisations can use survey results to highlight problem areas and then use follow-up surveys to target specific concerns. With good information managers are able to identify specific problems and prepare a considered response.
By conducting regular surveys a company is able to address small problems before they grow into much bigger problems that are then more difficult to address.
It should not be forgotten that most employees appreciate being consulted and asking their opinion is not seen as a sign of weakness but an indicator of good decision making.
Very occasionally management problems can be solved with something that is quick, easy and won’t break the bank; this is fortunately just one of those occasions.
Problem Solving Sooner Than Later
Left alone it doesn’t take long for a building with a single broken window to rapidly become a building with many broken windows. Resolving problems when they are small will prevent them from developing into larger problems.
The same is true when considering the level of employee satisfaction. Dissatisfaction spreads like wildfire and in a surprisingly short period of time you’ve got morale problems of the kind that are notoriously hard to fix.
To be confident that your employees are satisfied you need to be aware of any day to day concerns and deal with them before they get out of hand. Keeping the initiative is vital and it is nearly always better to give a little and often.
This turns out be a vicious circle. Fixing the problem when it’s small is also when it’s easiest and when it’s cheapest. There is little advantage for the employer to wait until they are prompted by the employee to make urgent change, if they are proactive the employer can operate from a position of strength and that in turn will help maintain the respect that their employees have towards them. Employees like strong, confident management and the management will gain the respect of the workforce if they take time to understand the issues.
Compare that with managers who are out of touch. They arrive late at a problem so they are on the defensive, and with their credibility eroded they have to concede to demands which in turn leads to further and less reasonable demands. It is not big and it is not clever.
How then can organizations monitor the morale of the employees without a big budget and an abundance of spare time?
The first port of call should be an online employee survey. They are quick, easy to use and a low cost solution. Instead of weeks and months surveys can now be designed and published in hours and minutes, by harnessing the power of the internet invitations can be sent out instantly and free of charge using email, links on websites and postings on social networks; the results are collated in real-time and can be automatically displayed as charts.
The ideal delivery platform is the corporate intranet.
By linking through to an online survey website a company can regularly conduct surveys so they become part and parcel of the daily operations.
With the real-time results that are a by product of online surveys the mood of the employees can be accurately gauged and individual and collective concerns highlighted.
A company can use survey results to highlight problem areas and then use follow-up surveys to target specific concerns. With good information managers are able to get to the root of specific problems and prepare a considered response.
A major advantage of regular surveys is that they allow companies to address relatively small problems in a timely manner and avoid ‘the straw that broke the camels back’ syndrome where what might be seen as a insignificant incident explodes into a torrent of pent up anger.
It should not be forgotten that most employees appreciate being consulted and asking their opinion is not seen as a sign of weakness but an indicator of good decision making.
It’s unusual to find, but there it is – sometimes management problems can be solved with something that is quick, easy and won’t break the bank.
Don’t Leave a Broken Window Broken
If a single broken window is not repaired it won’t be long before more windows are broken. Problems that are fixed when they are small will stop them from developing into larger problems.
When considering the level of employee satisfaction the same is true. Dissatisfaction can spread like wildfire and in the blink of an eye you can have the type of morale problems that are notoriously hard to resolve.
To be confident that your employees are satisfied you need to be aware of any day to day problems and deal with them before they get out of hand. Keeping the initiative is vital and it is nearly always better to give a little and often.
This turns out be a vicious circle. Fixing problems when they are small is also when they are at their cheapest to fix. Most employees prefer their management to take the initiative without being prompted and by doing so management can operate from a position of strength. Employees look for strong, confident management and having a proactive approach and taking time to understand the employees’ issues will gain the respect of the workforce.
Compare that with those managers who are out of touch. They arrive late at a problem so they are on the defensive, and with their credibility eroded they have to concede to demands which in turn leads to further and less reasonable demands. It’s not big and it’s not clever.
The question is how one goes about monitoring the morale of a company without throwing money at the problem and without the luxury of having spare time?
Deploying online surveys would appear to tick all the right boxes. They are quick, easy to use and a low cost solution. Surveys can be written and deployed in seconds, using email, web links and social networks they cost nothing to disseminate and the results are collated and displayed in real time.
The ideal delivery mechanism is the corporate intranet.
By linking through to an online survey website a company can regularly conduct surveys so they become part and parcel of the daily operations.
With the ability of online surveys to produce real-time results the mood of the workforce can instantly gauged and collective and individual concerns highlighted.
Businesses can use survey results to highlight problem areas and then use follow-up surveys to target specific concerns. With good intelligence managers are able to identify specific problems and prepare a considered response.
Conducting regular surveys will allow organizations to address small problems in a timely manner and avoid ‘the straw that broke the camels back’ syndrome where a relatively insignificant incident unleashes a torrent of pent up frustration.
When management show willingness to consult with the workforce it is appreciated by most employees, not viewed as a sign of weakness but an indicator of good decision making.
Once in a blue moon a manager’s problem can be solved with something that is quick, easy and won’t break the bank; that looks like a blue moon.
A Stitch In Time Really Does Save Nine
If not repaired it doesn’t take long for a building with one broken window to quickly turn in to a building with a lot of broken windows. Addressing problems when they are small will prevent them from developing into more serious problems.
The same is true when considering the level of employee satisfaction. Dissatisfaction can spread rapidly throughout an organization and before you know it you can have morale problems that can be hard to resolve.
To ensure that your employees are satisfied you need to appreciate any day to day concerns that they may have and deal with them quickly. It is important to keep the initiative and a good tip is to give a little and often.
This turns out be just a vicious circle. Fixing the problem when it’s small is also when it’s easiest and when it’s cheapest. Most employees would prefer their management to take the initiative with any prompting and if the do management can then operate from a strong position. Employees like strong, confident management and a proactive approach generates respect not least because someone has taken the time to understand some of the employees’ issues.
Compare that with those managers who are out of touch. They arrive late at a problem so they are on the defensive, and with their credibility eroded they have to concede to demands which in turn could lead to further and less reasonable demands. It is neither big nor clever.
The question is how one goes about monitoring the morale of a company without throwing money at the problem and without the luxury of having spare time?
Deploying online employee surveys would appear to tick all the right boxes. They offer a quick, easy and cost effective solution. Instead of weeks and months surveys can now be designed and published in hours and minutes, by harnessing the power of the internet invitations can be sent out instantly and free of charge using email, links on websites and postings on social networks; the results are collated in real-time and can be automatically displayed as charts.
A corporate internet is the ideal delivery platform.
By linking through to an online survey website a company can regularly conduct surveys so they become part and parcel of the daily operations.
With the real-time results that are a by product of online surveys the mood of the employees can be accurately gauged and individual and collective concerns highlighted.
Using the survey results companies can quickly identify problem areas and follow-up surveys can be used to target specific concerns. With good information managers are able to identify specific problems and prepare a considered response.
A major advantage of regular surveys is that they allow companies to address relatively small problems in a timely manner and avoid ‘the straw that broke the camels back’ syndrome where what might be seen as a insignificant incident explodes into a torrent of pent up anger.
The majority of employees appreciate being consulted, asking their opinion is not a sign of weak management but an indicator of good decision making.
It’s unusual to find a solution to management problems that is quick, easy and won’t break the bank but here one is.
The Benefits of Effective Market Research
What are the things you can learn by conducting effective market research?
Know your customers – Market research will help you better understand your customers in a number of ways including demographic information such as their age, gender and geographic spread. The better you know your customer the easier it is to fine tune your product or service towards the target market.
Know your target market – Who exactly are your existing customers and where do they live? Does your product or service appeal to specific age groups? Do you know who your potential customers are and where they live?
Know your competition – Market Research will help you measure your service compared to others. What are the strengths and weaknesses of your organization and are you improving in the right areas?
Products and services – Do you have the products or services that people want? Do you represent value for money? How do your services and products compare to that of your competitors? Can you, do you, should you deliver directly to your customer?
Ease of doing business – Do your customers find it easy to deal with you and when they visit your store and/or website do they find what they want? Is there sufficient advice and assistance on hand? Do people find it easy to buy from you? Are all your employees properly trained, helpful, knowledgeable and available?
Marketing – Is your marketing reaching the right people and is the marketing message clear and effective. Which are the least effective marketing channels?
Do the right people understand your marketing message? Does the marketing material properly represent your brand? Are the right channels being used to advertise? Are you reaching the right people?
With the power of the Internet it is now very easy to conduct market research using one of the many online survey software sites that make conducting surveys and collating good market research intelligence quick, easy and extremely cost effective.
What is Market Research Going to Tell You?
What are the things you can learn by conducting effective market research?
Know your customers – Market research will help you better understand your customers in a number of ways including demographic information such as their age, gender and geographic spread. The better you know your customer the easier it is to fine tune your product or service towards the target market.
Know your target market – Who exactly are your existing customers and where do they live? Does your service or product appeal to specific age group? Do you know who your potential customers are and where they live?
Know your competition – Market Research will help you measure your service compared to others. What are the strengths and weaknesses of your business and are you improving in the areas that customers demand?
Products and services – Do you have the products or services that people want? Do you represent value for money? How do your products and services compare to that of your competitors? If you have a product can you, do you, should you deliver directly to your customer?
Ease of doing business – Do your customers find it easy to deal with you and when they visit your store and/or website do they find what they want? Is there enough good advice and assistance on hand? Do you make it easy for your customers to buy? Are all your staff properly trained, helpful, knowledgeable and available?
Marketing – Is your marketing reaching the right people and is the marketing message clear and effective. Which are the most effective and which are the least effective marketing channels?
Do the right people understand your marketing message? Does all your marketing correctly embody your brand? Do you use the right channels to promote and advertise? Are you reaching the right people?
With the power of the Internet it is now very easy to conduct market research using one of the many online survey software sites that make conducting surveys and collating good market research intelligence quick, easy and extremely cost effective.
Market Research is Important
Market research is an essential part of any business that wants to offer products or services that are focused and well targeted. Business decisions based on good market research can help minimise any risk and should pay dividends in the longer term. By making market research part and parcel of the business process and conducting market research throughout the life cycle of a product or service market research will bring the following benefits:-
- Market research will help you better communicate – Your current customers experiences are a valuable information source, not only will they allow you to gauge how well you currently meet their expectations they can also tell you where you are getting things right and more importantly where you are getting things wrong. By asking your customers you no longer need to guess what your customers are thinking and you demonstrate to them that you are proactive when it comes to customer services and value their opinion.
- Market research helps you identify opportunities – If you are planning to operate a new service and want to know the preconceived attitudes people have then market research can help, not only in evaluating the potential for a new idea, but also by identify the areas where a marketing message needs to be honed.
- Market research will minimise risk – Market research can help shape a new product or service, identifying what is needed and ensure that the development of a product is highly focused towards demand.
- Market research creates benchmarks and helps you measure your progress – Unless you measure you will not be able to properly gauge how well your business is performing. Early research may highlight glaring holes in your service or short falls in your product, regular market research will show if improvements are being made and, if positive, will help motivate a team.
Market research brings considerable benefits and it is perhaps surprising how few organizations invest sufficient resources to enable them to gather good intelligence that will help them improve their business. Many may think that market research takes too much time and effort but that is just not the case anymore as through the power of the Internet online survey software is readily available and vital market research data can now be gathered in a quick, simple and cost effective manner.