Overview of Role/Value When larger, more projectable samples are required, MRI has
extensive experience in the design and analysis of quantitative market research
studies.
Quantitative research is appropriate for a wide range of needs.
These include concept evaluation and product testing as well as measuring
target audience awareness, attitudes and behavior. It gives clients the
opportunity to learn how many people use a product or service or have interest
in a new product concept. In addition, it is often used to measure the size and
importance of segments that exist in the marketplace, to identify a potential
opportunity, and to estimate product or service viability.
Methodologies
The
selection of the most appropriate quantitative methodology is driven by many
factors including the type of information needed, confidence level required,
target sample availability/reliability, length of questionnaire, timing and budget
restraints.
Quantitative
methodologies used by MRI include:
•
Telephone
• Online surveys/Internet panel surveys
•
Mail
•
Omnibus tracking surveys
•
Mall intercept
In the end, good data analysis and report
preparation is the most important piece of a quantitative study. All too often,
research organizations prepare reports without any consideration of a client’s
unique needs or preferences.
The MRI philosophy is to prepare data analysis, reports,
and presentations
that are not only objective focused, but also insightful and
relevant to the clients’ needs and wants.