How Technology is Making an Impact in Market Research?
Gone are the days when market research relied heavily on traditional methods such as phone surveys, focus groups, and paper-based questionnaires. As technology continues to advance at a rapid pace, there has been a significant shift towards digital methodologies that a lot of people have found beneficial.
A reason for the huge shift is the sheer efficiency and speed that digital tools bring to the table. With online surveys and collection platforms, businesses can reach a larger audience in a shorter amount of time, where they not only save resources, but also allow for more accurate and comprehensive analysis.
Businesses can also do real-time tracking and monitoring of consumer behavior and preferences, where through social media listening tools, sentiment analysis software, and websi...