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2024-07-18 17:00:04 Source: Champu Consulting Visits:0
The Importance and Challenges of 1. Consumer Research
Consumer research refers to the collection and analysis of consumer information through questionnaires, interviews, observations, experiments and other methods to understand consumer needs, preferences, satisfaction and loyalty, so as to provide a basis and guidance for marketing decisions. The importance of consumer research is mainly reflected in the following aspects:
Consumer research can help companies understand the psychology and behavior of consumers, as well as the internal and external factors that affect consumers, so as to better meet consumer needs and expectations, and improve consumer satisfaction and loyalty.
Consumer research can help companies identify and analyze consumer segments and target markets, as well as consumers' purchasing power and willingness to buy, so as to more effectively locate and differentiate products or services and enhance the competitiveness of products or services.
Consumer research can help companies evaluate and predict consumer feedback and reactions, as well as changing trends in consumer needs and preferences, so as to more flexibly adjust and optimize marketing strategies and activities to improve marketing effectiveness and efficiency.
However, with the diversification, personalization and digitization of consumers, consumer research is also facing more and more challenges, mainly in the following aspects:
decline in response rates. The response rate refers to the proportion of the number of consumers participating in the survey to the total number of consumers, and is an important indicator to measure the success of consumer research. However, due to the scarcity of consumers' time and attention, as well as the boredom and distrust of research, the response rate of consumer research generally shows a downward trend. According to statistics, the response rate of telephone surveys in the United States dropped from 36% in 1997 to 6% in 2018, while the response rate of online surveys also dropped from 20% in 2008 to 2% in 2018. Low response rate will lead to insufficient and unrepresentative survey data, thus affecting the reliability and validity of the survey results.
degradation of data quality and trustworthiness. Data quality refers to the accuracy, completeness, consistency and timeliness of research data, and is an important indicator to measure the quality of consumer research. However, due to consumers' privacy and security concerns, as well as lack of interest and motivation for research, the data quality and credibility of consumer research are also generally showing a downward trend. According to statistics, the data quality index of online research in the United States dropped from 100 in 2015 to 2018, while the data credibility index of online research dropped from 100 in 2015 to 7 in 2018. Low data quality and credibility can lead to distorted and misleading research data, which affects the usability and value of research results.
increase in research costs. Research cost refers to the input of human, material, financial and time resources required to conduct consumer research, and is an important indicator to measure the effectiveness of consumer research. However, due to the diversification and complexity of consumers, as well as the high requirements and low cooperation of research, the research cost of consumer research is also generally on the rise. According to statistics, the average cost of telephone research in the United States rose from $31.08 in 2008 to $51 in 2018, while the average cost of online research rose from $3.50 in 2008 to $5.00 in 2018. High research costs will lead to waste and insufficient research resources, thus affecting the optimization and implementation of research results.
Optimization Strategies and Suggestions for 2. Consumer Research
In order to meet the challenges of consumer research, improve consumer participation and response rate, and ensure the quality and effectiveness of data, this paper puts forward the following strategies and suggestions to optimize consumer research:
According to the characteristics and behavior of consumers, choose the appropriate research channels and methods. The characteristics and behavior of consumers are important factors that affect whether consumers participate in research. Different consumers have different preferences and habits. Therefore, it is necessary to choose appropriate research channels and methods according to consumers' age, gender, education, income, region, culture, lifestyle and other characteristics, as well as consumers' purchase process, purchase frequency, purchase channels, purchase motivation and other behaviors, In order to improve the convenience and comfort of consumers. For example, for young consumers with high education level, high income level and fast pace of life, they can choose digital research methods such as online research, mobile research and social media research to adapt to the digital living habits and needs of consumers. For older consumers with low education level, low income level and slow pace of life, they can choose traditional research methods such as telephone research, mail research and face-to-face research, to adapt to the traditional habits and needs of consumers. In addition, it is necessary to consider the accessibility and identifiability of consumers, and choose research channels and methods that can effectively reach and identify consumers, so as to improve the coverage and accuracy of consumers.
Design a concise, clear, interesting and valuable questionnaire. The design of the survey questionnaire is an important factor that affects whether consumers complete the survey, and different survey questionnaires have different effects and influences, so it is necessary to design concise, clear, interesting and valuable survey questionnaires to improve consumers' interest and motivation. For example, you can avoid questions that are too long, too complicated, too monotonous and too boring, and choose short, clear, diverse and interesting questions to reduce the burden and pressure of consumers, and increase consumers' sense of participation and fun; you can avoid Too sensitive, personal, irrelevant and meaningless questions, and choose relevant, useful, meaningful and valuable questions to increase consumers' trust and respect, improve the quality and effectiveness of consumer responses. In addition, it is necessary to consider the structure and sequence of the questionnaire and design a logical and psychological questionnaire to improve consumers' understanding and fluency of answers.
Provide reasonable and attractive incentives. The setting of incentive mechanism is an important factor that affects whether consumers are willing to participate in research. Different incentive mechanisms have different incentive effects and impacts. Therefore, it is necessary to provide reasonable and attractive incentive mechanisms to improve consumer participation and loyalty. For example, material or monetary incentives such as rewards, lottery, points, coupons, etc. can be provided to meet the interests and needs of consumers, and increase consumers' motivation and sense of reward for participation; recognition, praise, gratitude, and recommend can be provided. Emotional incentives to satisfy consumers' self-esteem and belonging, and increase consumers' participation pride and loyalty. In addition, it is necessary to consider the fairness and transparency of the incentive mechanism and provide incentives that meet the expectations and level of consumers to improve consumer satisfaction and trust.
Use data analysis and visualization tools to clean, process, analyze and present survey data. The analysis and presentation of survey data is an important factor affecting the results of consumer research, and different data analysis and presentation methods have different analytical effects and impacts, so it is necessary to use data analysis and visualization tools to clean, process, analyze and present survey data in order to improve the quality and effectiveness of data. For example, data cleaning tools can be used to remove duplicates, errors, missing and abnormal data in the research data to improve the accuracy and completeness of the data. Data processing tools can be used to classify, sort, group and summarize the research data to improve the consistency and timeliness of the data. Data analysis tools can be used to describe, infer, predict and optimize the research data, in order to improve the usefulness and value of the data, data visualization tools can be used to present the research data with charts, graphs, images and animations to improve the readability and aesthetics of the data.
The specific case and analysis of 3. Shangpu Consulting Company.
In order to show the actual effect and value of optimizing consumer research strategy, this paper combines the specific cases and analysis of Shangpu Consulting Company to explain how to use the above strategies and suggestions to improve the quality and effect of consumer research. Shangpu Consulting Company is a professional marketing consulting company, providing consumer research, market analysis, marketing strategy, brand management and other services for customers in all walks of life. The following are the cases and analysis of two consumer surveys conducted by Champ Consulting:
Case 1: A consumer satisfaction survey for a fast-moving consumer product company. The company mainly produces and sells personal care products such as shampoo, shower gel and hair conditioner. It wants to understand the satisfaction and loyalty of consumers to its products, as well as the factors that affect consumer satisfaction and loyalty, so as to improve the quality of products and the image of the brand. Champ Consulting has adopted the following optimization strategies:
Choose online research and social media research to suit the characteristics and behavior of the company's target consumers. The company's target consumers are mainly young, highly educated, high-income, and fast-paced consumers. They are more inclined to use the Internet and social media. Therefore, online research and social media research can improve consumers' convenience and Comfort can also improve consumers' accessibility and identifiability.
Design concise, clear, interesting and valuable research questionnaires to increase consumer interest and motivation. The company's survey questionnaire contains only 10 questions, each of which is short, clear, diverse and interesting, involving consumers' use frequency, use feelings, use suggestions, brand impression, brand loyalty and so on. It can not only collect relevant, useful, meaningful and valuable data, but also increase consumers' trust and respect, and improve the quality and effect of consumers' answers. The company's survey questionnaire also adopts a randomized and branching design, showing different follow-up questions according to different consumer answers, in order to increase consumer participation and fun, and improve consumer understanding and fluency of answers.
Provide reasonable and attractive incentives to increase consumer engagement and loyalty. At the beginning and end of the company's survey questionnaire, consumers are clearly informed that consumers participating in the survey will have the opportunity to obtain the company's products or coupons as rewards. At the same time, they also thank consumers for their time and opinions to meet consumers' interests and needs, increase consumers' participation motivation and sense of return, and at the same time satisfy consumers' self-esteem and belonging, and increase consumers' participation pride and loyalty. The company's survey questionnaire also ensures the fairness and transparency of the incentive mechanism. Every consumer participating in the survey has the same probability of winning. The winning list and prize distribution will be announced in time to improve consumer satisfaction and trust.
Use data analysis and visualization tools to clean, process, analyze and present survey data. The company's research data has gone through the removal of duplicate, error, missing and abnormal data by data cleaning tools, the classification, sorting, grouping and summary of data processing tools, the description, inference, prediction and optimization of data analysis tools, and the presentation of charts, graphs, images and animations by data visualization tools to improve the quality and effectiveness of data. The company's research results show that consumers have high satisfaction and loyalty to their products, which are mainly affected by factors such as product quality, cost performance, packaging, fragrance, etc. At the same time, some suggestions for improving products are also put forward, such as increasing product types, functions, capacity, etc., as well as enhancing brand awareness, image, reputation, etc. The company's research report presents the research results and analysis in a clear, concise, beautiful and convincing way, which provides valuable reference and guidance for the promotion of the company's products and brand.
Case 2: Conduct consumer behavior research for an e-commerce company. The company mainly operates and sells fashion products such as clothing, shoes, bags, etc., and wants to understand consumer buying behavior and preferences, as well as the factors that affect consumer buying behavior and preferences, so as to increase the traffic and conversion rate of the website, and increase sales and profits. Champ Consulting has adopted the following optimization strategies:
Choose mobile research and social media research to adapt to the characteristics and behavior of the company's target consumers. The company's target consumers are mainly young, fashionable, pursuit of personality and taste consumers, they are more inclined to use mobile devices and social media, so mobile research and social media research can improve the convenience and comfort of consumers, but also can improve the accessibility and recognizability of consumers.
Design concise, clear, interesting and valuable research questionnaires to increase consumer interest and motivation. The company's survey questionnaire contains only 8 questions, each of which is short, clear, diverse and interesting, involving consumers' purchase frequency, purchase channels, purchase motivation, purchase preferences, purchase feedback, etc., which can not only collect relevant, useful, meaningful and valuable data, but also increase consumers' trust and respect, and improve the quality and effect of consumers' answers. The company's survey questionnaire also adopts an interactive and game-based design, using multimedia elements such as pictures, videos, audio, and various forms such as scoring, ranking, and selection to increase consumers' sense of participation and fun, and improve consumers' The fluency of understanding and answers.
Provide reasonable and attractive incentives to increase consumer engagement and loyalty. At the beginning and end of the company's survey questionnaire, consumers are clearly informed that consumers participating in the survey will have the opportunity to obtain the company's products or coupons as rewards. At the same time, they also thank consumers for their time and opinions to meet consumers' interests and needs, increase consumers' participation motivation and sense of return, and at the same time satisfy consumers' self-esteem and belonging, and increase consumers' participation pride and loyalty. The company's survey questionnaire also ensures the fairness and transparency of the incentive mechanism. Every consumer participating in the survey has the same probability of winning. The winning list and prize distribution will be announced in time to improve consumer satisfaction and trust.
Use data analysis and visualization tools to clean, process, analyze and present survey data. The company's research data has gone through the removal of duplicate, error, missing and abnormal data by data cleaning tools, the classification, sorting, grouping and summary of data processing tools, the description, inference, prediction and optimization of data analysis tools, and the presentation of charts, graphs, images and animations by data visualization tools to improve the quality and effectiveness of data. The company's research results show that consumers' purchasing behavior and preferences are affected by many factors, such as product quality, price, style, color, size, etc., as well as the design, function, speed, safety, etc. of the website. Some suggestions for improving the website, such as increasing the navigation, search, screening, recommend and other functions of the website, and enhance the beauty of the site, easy to use, interactive features. The company's research report presents the research results and analysis in a clear, concise, beautiful and convincing way, providing valuable reference and guidance for the company's website and sales promotion.
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On July 05, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "Research Project of the Network Designated City Transport Company. The customer said: The market research project provided by Shangpu Consulting for our company has provided us with a valuable reference basis for objectively evaluating the current market situation of the industry and achieved the expected goal. I also wish Champ Consulting the development of by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!
On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for "A Brand Sales Leading Research Project in the Water Purifier Industry. The customer said: The market research project provided by Shangpu Consulting for our company has provided us with a valuable reference basis for objectively evaluating the current market situation of the industry and achieved the expected goal. I also wish Champ Consulting the development of by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!
July 07, 2020, Shangpu Consulting received a satisfaction evaluation sheet from the customer's "Lithium Battery Enterprise Sales Strategy and Production Cost Research Project. The customer said: The market research project provided by Shangpu Consulting for our company has provided us with a valuable reference basis for objectively evaluating the current market situation of the industry and achieved the expected goal. I also wish Champ Consulting the development of by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!
On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "Coal Mine Tunnel Drilling Rig Market Share Proof Project. The customer said: The survey plan of Shangpu Consulting is rigorous in design, scientific in method, standardized and rigorous in survey organization process, and basically reliable survey data, which provides relatively credible first-hand information for our research work. The research results are of great help to our company to understand the whole picture of the industry. Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!
On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from a customer for "A Brand in an Industry Leading Sales Research Project for Three Consecutive Years. The customer said: The survey plan of Shangpu Consulting is rigorous in design, scientific in method, standardized and rigorous in survey organization process, and basically reliable survey data, which provides relatively credible first-hand information for our research work. The research results are of great help to our company to understand the whole picture of the industry. Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!
On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "China Bird's Nest Industry Market Ranking Research Project. The customer said: has cooperated many times, as always satisfied, also recommend to other enterprises cooperation. Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!
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On July 16, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the Shared Beauty Research Project. The customer said: The content of Phase I and Phase II is satisfactory, and we look forward to signing a long-term agreement in the later period. The research part of the country will continue to cooperate with your company. I wish users a prosperous career, evergreen foundation!
On July 09, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "Research Project on the Organizational Structure of Two Liquor Production Enterprises. The customer said: This is an organizational structure survey, the service process is very good, looking forward to the next cooperation. I wish users a prosperous career, evergreen foundation!
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