Duct Tape Marketing - Latest Comments in The small business market research challenge

Re: The small business market research challenge

Donald — Wed, 08 Jul 2009 04:56:28 -0000

I chanced upon to view your blog and found it very interesting. Great ... Keep it up!

Re: The small business market research challenge

Adam — Wed, 01 Jul 2009 08:04:16 -0000

I appreciate the labor you have put in developing this blog. Nice and informative.

Re: The small business market research challenge

TA — Sun, 04 May 2008 10:43:00 -0000

There will soon be more powerful tools for market research on Facebook and LI, see: http://www.tomhcanderson.co...

Re: The small business market research challenge

Doug Schorr — Wed, 30 Apr 2008 15:38:38 -0000

Hi John - Long time reader, first time poster. I really enjoy your postings and insights. I can not agree more with your Marketing Research thoughts. I run a marketing research firm and am often telling clients and prospects to do whatever it is that they can afford to do in order to touch their customers and prospects. Research is often very expensive. Conducting a formal focus group costs a lot of money, but not talking to your target can cost clients so much more - the launch of a new product or service that misses the key requirements and fails to sell, a new ad campaign that doesn't connect with the target, all examples of why you need to talk to your target market. That all said, using the free tools online, or even simply just calling up a current or past client and asking them for feedback are all great alternates and are often much better than doing nothing. Only thing, be careful how you ask what you ask, and how you look at the results. Jumping into something new based on using the data from 3-4 phone calls or a free online survey with 20 completes may not be the safest bet. Use the data like any other tool, as a piece of data to be used along side of your other tools and techniques. Best of luck to all !!

Re: The small business market research challenge

fearless.business — Wed, 30 Apr 2008 14:45:34 -0000

I think that going to the customer is a great idea and if it's done right, it'll foster brand loyalty. However, getting web-analytics-savvy is another great way to track what customers like and don't like about your site - every click a user makes is a vote, as I keep hearing lately. One of the things I like about Amazon's Webstore is its robust reporting features. Not only does it provide information, it's actually easy to understand!

Re: The small business market research challenge

Martin Baker — Fri, 25 Apr 2008 03:20:43 -0000

Couldn't agree more, it really helps to ask your customers for their opinion. I would add two other pieces of advice which are to keep the survey as short as possible on a single page and to totally avoid those silly multiple choice questions with "unlikely/quite likely/very likely". That's what the big companies do and it's a big turn off.

Instead ask simple questions that require people to give their opinion rather than just make a choice. You will be amazed at the insight you get including many things that you weren't even asking for.

Re: The small business market research challenge

web Content — Fri, 25 Apr 2008 02:59:45 -0000

The truth of the matter is that no matter how big a company gets the key is in finding out what your customers and clients enjoy about dealing with you, and what added features they might be able to suggest.. Keeping up with the desires of your market makes them feel appreciated.. small businesses already have the advantage of a more personal touch over larger organisations and this can be further improved by constant market research and delivering on the wants of the clients.
Great post John... As per usual..
Thanks

Re: The small business market research challenge

SEO Snyman — Fri, 25 Apr 2008 01:56:40 -0000

The only way to figure out what works the best, what customers would like to see and how customers experienced your service delivery, etc is to do your regular follow ups.

Combining your after sales follow ups with a simple questionnaire can give one tremendous insight into what customers require. Having dealt B2B for many years it has never ceased to amaze me how many extra orders one would also get from these follow ups.

Re: The small business market research challenge

Donny-MarketingTwin #2 — Fri, 25 Apr 2008 00:13:38 -0000

John,

Great idea about using iContact's survey option. We used iContact for our email marketing but have never researched the survey tool. Thanks for the tip ... as always!!!

Re: The small business market research challenge

John — Thu, 24 Apr 2008 20:16:20 -0000

Why not include social media in this mix? I can't think of a better way to garner feedback than to create a Facebook page and send such surveys out to your fans, or to mine the social media space for conversations about your brand and the issues/opportunities you have.

Re: The small business market research challenge

Christy — Thu, 24 Apr 2008 15:13:34 -0000

I really enjoy your blog, John, and this post definitely resonated with me. As a former market researcher for a large consumer products company, I've seen the value of customer insight firsthand. But, I also feel really strongly that that sort of insight shouldn't only be available to enterprise-sized clients. While most small- and medium-sized companies don't have $20,000 to spend on a study, there are powerful, lower-cost tools that can provide very valuable insights when questions are well crafted and results are closely tracked.

Re: The small business market research challenge

ducttape — Thu, 24 Apr 2008 13:23:44 -0000

Ben - I don't think that's stupid at all - good looks, coupled with great navigation, count for a lot when you are asking people to provide information. I have used Wufoo in the past for creating all manner of online forms too.

Re: The small business market research challenge

Ben Smith — Thu, 24 Apr 2008 13:12:22 -0000

John,

You might also take a look at http://wufoo.com/ for the survey software. We use it after using Survey Monkey. The biggest thing for us is that its attractive (which may seem stupid as a reason, but when an interface is nice to look at, you [or at least I] tend to spend more time in it).

Re: The small business market research challenge

Mark Brewerton — Thu, 24 Apr 2008 12:10:11 -0000

Hi John, Just writing to say that I couldn't agree more with the content of this post. I run a strategic marketing consultancy over in the UK. (http://www.totalmarketingso...) Typically we work with SMEs providing advice on long-term marketing strategy development and almost without fail the most critical and beneficial activity we undertake is to conduct some primary research with customer groups to provide real evidence as to customer needs & drivers and perceptions of what makes a good supplier in the minds eye of our customers' customers. We typically look at talking to 'good' customers, 'declining customers' and 'lapsed' customers as a part of this process and most of the gold nuggets come from latter 2 groups. Happy customers just tend to say everything is great. The evidence we get from this research nearly always contains some real eye openers for our clients and helps provide real direction to the strategy development process.

Great blog by the way & will be adding you to the blogroll on our blog site - http://blog.totalmarketings...

Best regards,

Mark