5 Ways Small Businesses Benefit from Survey Research Analytics

Surveys have become a key tool in the belt of online marketing experts over the past decade. The Internet has made it very easy for companies to survey their prospective customers. There is no reason why you shouldn’t take advantage of this.

Surveys benefit small businesses in two ways: they show customers that their opinion matters and they help gather valuable information that can be used to enhance their services. In short, small businesses can benefit greatly from survey research analytics. Here’s why.

Surveys Are Inexpensive

Online surveys have a very low cost per respondent when compared to paper and phone surveys. That means small businesses can get thousands of responses for a fraction of the cost. The most effort comes from creating the survey. Once that’s done, the effort is minimal. In fact, the entire process can be automated.

Provides Extensive Information

Naturally, the information provided by a survey is directly affected by its quality so you want to make sure that you create a high-quality survey. Accomplish this and you’ll gain access to extensive information that no other form of research can touch! This gives small businesses an edge because they have access to targeted results that can be used to make important decisions.


There are a lot of different ways that small businesses can administer surveys once they are created. Paid online surveys, social media, and email are the three most common outlets that online businesses use. This makes it possible to gather information from current customers, customers from your competition, and a random sampling of people from targeted demographics. Surveys provide you with a wide range of data from a variety of sources.

Surveys Are Dependable

Surveys provide small businesses with the opportunity to cultivate the perfect questions for potential consumers, so they will provide more focused data that other sources. The trick with research is to ensure that your information is accurate. Surveys are usually the best way to get consumers to provide honest answers because they really have no reason for them to lie. Just be sure to specify that the survey is anonymous.

Personalize The Customer Service Approach

Finally, surveys provide you with the information to improve your customer service approach. Small businesses must have a more personalized approach that their larger competition. It’s the main advantage that they have and the reason why a lot of customers will choose their business. You can find areas of customer service that you might be lacking. This will allow you to take action to improve the quality of your business.

The Two Most Common Type Of Surveys

This post has shown you some of the benefits of surveys, so I feel that describing the two most common types of surveys will be useful.

Market Analysis: This type of survey is popular for small businesses looking to get into a new market, but it can also be used to discover what a current market prefers. Either way, market analysis surveys have questions based on the experience customers have interacted with products within the market. These products will usually be your products and those of your competition. This is usually done in the form of paid surveys.

Customer Follow-Up: This type of survey is sent to customers after they make a purchase. Pretty much every major business in the world uses this type of survey, usually offering a discount in exchange for your opinion. This is probably the most important type of survey because it allows you to gauge the experience of customers who are willing to spend money on you.

The type of survey that your business uses will depend on your goals, but it’s important that all small businesses invest in this powerful form of research.

Guest Author: Jacob Haney is a content marketer presently working with Research Optimus, a business research outsourcing company. A writer by day and a reader by night, he is loathed to discuss himself in the third person but can be persuaded to do so from time to time.

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