marketing research problem examples

6.3 Steps in a Successful Marketing Research Plan

Learning outcomes.

By the end of this section, you will be able to:

• 1 Identify and describe the steps in a marketing research plan.
• 2 Discuss the different types of data research.
• 3 Explain how data is analyzed.
• 4 Discuss the importance of effective research reports.

Define the Problem

There are seven steps to a successful marketing research project (see Figure 6.3 ). Each step will be explained as we investigate how a marketing research project is conducted.

The first step, defining the problem, is often a realization that more information is needed in order to make a data-driven decision. Problem definition is the realization that there is an issue that needs to be addressed. An entrepreneur may be interested in opening a small business but must first define the problem that is to be investigated. A marketing research problem in this example is to discover the needs of the community and also to identify a potentially successful business venture.

Many times, researchers define a research question or objectives in this first step. Objectives of this research study could include: identify a new business that would be successful in the community in question, determine the size and composition of a target market for the business venture, and collect any relevant primary and secondary data that would support such a venture. At this point, the definition of the problem may be “Why are cat owners not buying our new cat toy subscription service?”

Additionally, during this first step we would want to investigate our target population for research. This is similar to a target market, as it is the group that comprises the population of interest for the study. In order to have a successful research outcome, the researcher should start with an understanding of the problem in the current situational environment.

Develop the Research Plan

Step two is to develop the research plan. What type of research is necessary to meet the established objectives of the first step? How will this data be collected? Additionally, what is the time frame of the research and budget to consider? If you must have information in the next week, a different plan would be implemented than in a situation where several months were allowed. These are issues that a researcher should address in order to meet the needs identified.

Research is often classified as coming from one of two types of data: primary and secondary. Primary data is unique information that is collected by the specific researcher with the current project in mind. This type of research doesn’t currently exist until it is pulled together for the project. Examples of primary data collection include survey, observation, experiment, or focus group data that is gathered for the current project.

Secondary data is any research that was completed for another purpose but can be used to help inform the research process. Secondary data comes in many forms and includes census data, journal articles, previously collected survey or focus group data of related topics, and compiled company data. Secondary data may be internal, such as the company’s sales records for a previous quarter, or external, such as an industry report of all related product sales. Syndicated data , a type of external secondary data, is available through subscription services and is utilized by many marketers. As you can see in Table 6.1 , primary and secondary data features are often opposite—the positive aspects of primary data are the negative side of secondary data.

There are four research types that can be used: exploratory, descriptive, experimental, and ethnographic research designs (see Figure 6.4 ). Each type has specific formats of data that can be collected. Qualitative research can be shared through words, descriptions, and open-ended comments. Qualitative data gives context but cannot be reduced to a statistic. Qualitative data examples are categorical and include case studies, diary accounts, interviews, focus groups, and open-ended surveys. By comparison, quantitative data is data that can be reduced to number of responses. The number of responses to each answer on a multiple-choice question is quantitative data. Quantitative data is numerical and includes things like age, income, group size, and height.

Exploratory research is usually used when additional general information in desired about a topic. When in the initial steps of a new project, understanding the landscape is essential, so exploratory research helps the researcher to learn more about the general nature of the industry. Exploratory research can be collected through focus groups, interviews, and review of secondary data. When examining an exploratory research design, the best use is when your company hopes to collect data that is generally qualitative in nature. 7

For instance, if a company is considering a new service for registered users but is not quite sure how well the new service will be received or wants to gain clarity of exactly how customers may use a future service, the company can host a focus group. Focus groups and interviews will be examined later in the chapter. The insights collected during the focus group can assist the company when designing the service, help to inform promotional campaign options, and verify that the service is going to be a viable option for the company.

Descriptive research design takes a bigger step into collection of data through primary research complemented by secondary data. Descriptive research helps explain the market situation and define an “opinion, attitude, or behavior” of a group of consumers, employees, or other interested groups. 8 The most common method of deploying a descriptive research design is through the use of a survey. Several types of surveys will be defined later in this chapter. Descriptive data is quantitative in nature, meaning the data can be distilled into a statistic, such as in a table or chart.

Again, descriptive data is helpful in explaining the current situation. In the opening example of LEGO , the company wanted to describe the situation regarding children’s use of its product. In order to gather a large group of opinions, a survey was created. The data that was collected through this survey allowed the company to measure the existing perceptions of parents so that alterations could be made to future plans for the company.

Experimental research , also known as causal research , helps to define a cause-and-effect relationship between two or more factors. This type of research goes beyond a correlation to determine which feature caused the reaction. Researchers generally use some type of experimental design to determine a causal relationship. An example is A/B testing, a situation where one group of research participants, group A, is exposed to one treatment and then compared to the group B participants, who experience a different situation. An example might be showing two different television commercials to a panel of consumers and then measuring the difference in perception of the product. Another example would be to have two separate packaging options available in different markets. This research would answer the question “Does one design sell better than the other?” Comparing that to the sales in each market would be part of a causal research study. 9

The final method of collecting data is through an ethnographic design. Ethnographic research is conducted in the field by watching people interact in their natural environment. For marketing research, ethnographic designs help to identify how a product is used, what actions are included in a selection, or how the consumer interacts with the product. 10

Examples of ethnographic research would be to observe how a consumer uses a particular product, such as baking soda. Although many people buy baking soda, its uses are vast. So are they using it as a refrigerator deodorizer, a toothpaste, to polish a belt buckle, or to use in baking a cake?

Select the Data Collection Method

Data collection is the systematic gathering of information that addresses the identified problem. What is the best method to do that? Picking the right method of collecting data requires that the researcher understand the target population and the design picked in the previous step. There is no perfect method; each method has both advantages and disadvantages, so it’s essential that the researcher understand the target population of the research and the research objectives in order to pick the best option.

Sometimes the data desired is best collected by watching the actions of consumers. For instance, how many cars pass a specific billboard in a day? What website led a potential customer to the company’s website? When are consumers most likely to use the snack vending machines at work? What time of day has the highest traffic on a social media post? What is the most streamed television program this week? Observational research is the collecting of data based on actions taken by those observed. Many data observations do not require the researched individuals to participate in the data collection effort to be highly valuable. Some observation requires an individual to watch and record the activities of the target population through personal observations .

Unobtrusive observation happens when those being observed aren’t aware that they are being watched. An example of an unobtrusive observation would be to watch how shoppers interact with a new stuffed animal display by using a one-way mirror. Marketers can identify which products were handled more often while also determining which were ignored.

Other methods can use technology to collect the data instead. Instances of mechanical observation include the use of vehicle recorders, which count the number of vehicles that pass a specific location. Computers can also assess the number of shoppers who enter a store, the most popular entry point for train station commuters, or the peak time for cars to park in a parking garage.

When you want to get a more in-depth response from research participants, one method is to complete a one-on-one interview . One-on-one interviews allow the researcher to ask specific questions that match the respondent’s unique perspective as well as follow-up questions that piggyback on responses already completed. An interview allows the researcher to have a deeper understanding of the needs of the respondent, which is another strength of this type of data collection. The downside of personal interviews it that a discussion can be very time-consuming and results in only one respondent’s answers. Therefore, in order to get a large sample of respondents, the interview method may not be the most efficient method.

Taking the benefits of an interview and applying them to a small group of people is the design of a focus group . A focus group is a small number of people, usually 8 to 12, who meet the sample requirements. These individuals together are asked a series of questions where they are encouraged to build upon each other’s responses, either by agreeing or disagreeing with the other group members. Focus groups are similar to interviews in that they allow the researcher, through a moderator, to get more detailed information from a small group of potential customers (see Figure 6.5 ).

Link to Learning

Focus groups.

Focus groups are a common method for gathering insights into consumer thinking and habits. Companies will use this information to develop or shift their initiatives. The best way to understand a focus group is to watch a few examples or explanations. TED-Ed has this video that explains how focus groups work.

You might be asking when it is best to use a focus group or a survey. Learn the differences, the pros and cons of each, and the specific types of questions you ask in both situations in this article .

Preparing for a focus group is critical to success. It requires knowing the material and questions while also managing the group of people. Watch this video to learn more about how to prepare for a focus group and the types of things to be aware of.

One of the benefits of a focus group over individual interviews is that synergy can be generated when a participant builds on another’s ideas. Additionally, for the same amount of time, a researcher can hear from multiple respondents instead of just one. 11 Of course, as with every method of data collection, there are downsides to a focus group as well. Focus groups have the potential to be overwhelmed by one or two aggressive personalities, and the format can discourage more reserved individuals from speaking up. Finally, like interviews, the responses in a focus group are qualitative in nature and are difficult to distill into an easy statistic or two.

Combining a variety of questions on one instrument is called a survey or questionnaire . Collecting primary data is commonly done through surveys due to their versatility. A survey allows the researcher to ask the same set of questions of a large group of respondents. Response rates of surveys are calculated by dividing the number of surveys completed by the total number attempted. Surveys are flexible and can collect a variety of quantitative and qualitative data. Questions can include simplified yes or no questions, select all that apply, questions that are on a scale, or a variety of open-ended types of questions. There are four types of surveys (see Table 6.2 ) we will cover, each with strengths and weaknesses defined.

Let’s start off with mailed surveys —surveys that are sent to potential respondents through a mail service. Mailed surveys used to be more commonly used due to the ability to reach every household. In some instances, a mailed survey is still the best way to collect data. For example, every 10 years the United States conducts a census of its population (see Figure 6.6 ). The first step in that data collection is to send every household a survey through the US Postal Service (USPS). The benefit is that respondents can complete and return the survey at their convenience. The downside of mailed surveys are expense and timeliness of responses. A mailed survey requires postage, both when it is sent to the recipient and when it is returned. That, along with the cost of printing, paper, and both sending and return envelopes, adds up quickly. Additionally, physically mailing surveys takes time. One method of reducing cost is to send with bulk-rate postage, but that slows down the delivery of the survey. Also, because of the convenience to the respondent, completed surveys may be returned several weeks after being sent. Finally, some mailed survey data must be manually entered into the analysis software, which can cause delays or issues due to entry errors.

Phone surveys are completed during a phone conversation with the respondent. Although the traditional phone survey requires a data collector to talk with the participant, current technology allows for computer-assisted voice surveys or surveys to be completed by asking the respondent to push a specific button for each potential answer. Phone surveys are time intensive but allow the respondent to ask questions and the surveyor to request additional information or clarification on a question if warranted. Phone surveys require the respondent to complete the survey simultaneously with the collector, which is a limitation as there are restrictions for when phone calls are allowed. According to Telephone Consumer Protection Act , approved by Congress in 1991, no calls can be made prior to 8:00 a.m. or after 9:00 p.m. in the recipient’s time zone. 12 Many restrictions are outlined in this original legislation and have been added to since due to ever-changing technology.

In-person surveys are when the respondent and data collector are physically in the same location. In-person surveys allow the respondent to share specific information, ask questions of the surveyor, and follow up on previous answers. Surveys collected through this method can take place in a variety of ways: through door-to-door collection, in a public location, or at a person’s workplace. Although in-person surveys are time intensive and require more labor to collect data than some other methods, in some cases it’s the best way to collect the required data. In-person surveys conducted through a door-to-door method is the follow-up used for the census if respondents do not complete the mailed survey. One of the downsides of in-person surveys is the reluctance of potential respondents to stop their current activity and answer questions. Furthermore, people may not feel comfortable sharing private or personal information during a face-to-face conversation.

Electronic surveys are sent or collected through digital means and is an opportunity that can be added to any of the above methods as well as some new delivery options. Surveys can be sent through email, and respondents can either reply to the email or open a hyperlink to an online survey (see Figure 6.7 ). Additionally, a letter can be mailed that asks members of the survey sample to log in to a website rather than to return a mailed response. Many marketers now use links, QR codes, or electronic devices to easily connect to a survey. Digitally collected data has the benefit of being less time intensive and is often a more economical way to gather and input responses than more manual methods. A survey that could take months to collect through the mail can be completed within a week through digital means.

Design the Sample

Although you might want to include every possible person who matches your target market in your research, it’s often not a feasible option, nor is it of value. If you did decide to include everyone, you would be completing a census of the population. Getting everyone to participate would be time-consuming and highly expensive, so instead marketers use a sample , whereby a portion of the whole is included in the research. It’s similar to the samples you might receive at the grocery store or ice cream shop; it isn’t a full serving, but it does give you a good taste of what the whole would be like.

So how do you know who should be included in the sample? Researchers identify parameters for their studies, called sample frames . A sample frame for one study may be college students who live on campus; for another study, it may be retired people in Dallas, Texas, or small-business owners who have fewer than 10 employees. The individual entities within the sampling frame would be considered a sampling unit . A sampling unit is each individual respondent that would be considered as matching the sample frame established by the research. If a researcher wants businesses to participate in a study, then businesses would be the sampling unit in that case.

The number of sampling units included in the research is the sample size . Many calculations can be conducted to indicate what the correct size of the sample should be. Issues to consider are the size of the population, the confidence level that the data represents the entire population, the ease of accessing the units in the frame, and the budget allocated for the research.

There are two main categories of samples: probability and nonprobability (see Figure 6.8 ). Probability samples are those in which every member of the sample has an identified likelihood of being selected. Several probability sample methods can be utilized. One probability sampling technique is called a simple random sample , where not only does every person have an identified likelihood of being selected to be in the sample, but every person also has an equal chance of exclusion. An example of a simple random sample would be to put the names of all members of a group into a hat and simply draw out a specific number to be included. You could say a raffle would be a good example of a simple random sample.

Another probability sample type is a stratified random sample , where the population is divided into groups by category and then a random sample of each category is selected to participate. For instance, if you were conducting a study of college students from your school and wanted to make sure you had all grade levels included, you might take the names of all students and split them into different groups by grade level—freshman, sophomore, junior, and senior. Then, from those categories, you would draw names out of each of the pools, or strata.

A nonprobability sample is a situation in which each potential member of the sample has an unknown likelihood of being selected in the sample. Research findings that are from a nonprobability sample cannot be applied beyond the sample. Several examples of nonprobability sampling are available to researchers and include two that we will look at more closely: convenience sampling and judgment sampling.

The first nonprobability sampling technique is a convenience sample . Just like it sounds, a convenience sample is when the researcher finds a group through a nonscientific method by picking potential research participants in a convenient manner. An example might be to ask other students in a class you are taking to complete a survey that you are doing for a class assignment or passing out surveys at a basketball game or theater performance.

A judgment sample is a type of nonprobability sample that allows the researcher to determine if they believe the individual meets the criteria set for the sample frame to complete the research. For instance, you may be interested in researching mothers, so you sit outside a toy store and ask an individual who is carrying a baby to participate.

Collect the Data

Now that all the plans have been established, the instrument has been created, and the group of participants has been identified, it is time to start collecting data. As explained earlier in this chapter, data collection is the process of gathering information from a variety of sources that will satisfy the research objectives defined in step one. Data collection can be as simple as sending out an email with a survey link enclosed or as complex as an experiment with hundreds of consumers. The method of collection directly influences the length of this process. Conducting personal interviews or completing an experiment, as previously mentioned, can add weeks or months to the research process, whereas sending out an electronic survey may allow a researcher to collect the necessary data in a few days. 13

Analyze and Interpret the Data

Once the data has been collected, the process of analyzing it may begin. Data analysis is the distillation of the information into a more understandable and actionable format. The analysis itself can take many forms, from the use of basic statistics to a more comprehensive data visualization process. First, let’s discuss some basic statistics that can be used to represent data.

The first is the mean of quantitative data. A mean is often defined as the arithmetic average of values. The formula is:

A common use of the mean calculation is with exam scores. Say, for example, you have earned the following scores on your marketing exams: 72, 85, 68, and 77. To find the mean, you would add up the four scores for a total of 302. Then, in order to generate a mean, that number needs to be divided by the number of exam scores included, which is 4. The mean would be 302 divided by 4, for a mean test score of 75.5. Understanding the mean can help to determine, with one number, the weight of a particular value.

Another commonly used statistic is median. The median is often referred to as the middle number. To generate a median, all the numeric answers are placed in order, and the middle number is the median. Median is a common statistic when identifying the income level of a specific geographic region. 14 For instance, the median household income for Albuquerque, New Mexico, between 2015 and 2019 was $52,911. 15 In this case, there are just as many people with an income above the amount as there are below.

Mode is another statistic that is used to represent data of all types, as it can be used with quantitative or qualitative data and represents the most frequent answer. Eye color, hair color, and vehicle color can all be presented with a mode statistic. Additionally, some researchers expand on the concept of mode and present the frequency of all responses, not just identifying the most common response. Data such as this can easily be presented in a frequency graph, 16 such as the one in Figure 6.9 .

Additionally, researchers use other analyses to represent the data rather than to present the entirety of each response. For example, maybe the relationship between two values is important to understand. In this case, the researcher may share the data as a cross tabulation (see Figure 6.10 ). Below is the same data as above regarding social media use cross tabulated with gender—as you can see, the data is more descriptive when you can distinguish between the gender identifiers and how much time is spent per day on social media.

Not all data can be presented in a graphical format due to the nature of the information. Sometimes with qualitative methods of data collection, the responses cannot be distilled into a simple statistic or graph. In that case, the use of quotations, otherwise known as verbatims , can be used. These are direct statements presented by the respondents. Often you will see a verbatim statement when reading a movie or book review. The critic’s statements are used in part or in whole to represent their feelings about the newly released item.

Infographics

As they say, a picture is worth a thousand words. For this reason, research results are often shown in a graphical format in which data can be taken in quickly, called an infographic .

Check out this infographic on what components make for a good infographic. As you can see, a good infographic needs four components: data, design, a story, and the ability to share it with others. Without all four pieces, it is not as valuable a resource as it could be. The ultimate infographic is represented as the intersection of all four.

Infographics are particularly advantageous online. Refer to this infographic on why they are beneficial to use online .

Prepare the Research Report

The marketing research process concludes by sharing the generated data and makes recommendations for future actions. What starts as simple data must be interpreted into an analysis. All information gathered should be conveyed in order to make decisions for future marketing actions. One item that is often part of the final step is to discuss areas that may have been missed with the current project or any area of further study identified while completing it. Without the final step of the marketing research project, the first six steps are without value. It is only after the information is shared, through a formal presentation or report, that those recommendations can be implemented and improvements made. The first six steps are used to generate information, while the last is to initiate action. During this last step is also when an evaluation of the process is conducted. If this research were to be completed again, how would we do it differently? Did the right questions get answered with the survey questions posed to the respondents? Follow-up on some of these key questions can lead to additional research, a different study, or further analysis of data collected.

Methods of Quantifying Marketing Research

One of the ways of sharing information gained through marketing research is to quantify the research . Quantifying the research means to take a variety of data and compile into a quantity that is more easily understood. This is a simple process if you want to know how many people attended a basketball game, but if you want to quantify the number of students who made a positive comment on a questionnaire, it can be a little more complicated. Researchers have a variety of methods to collect and then share these different scores. Below are some of the most common types used in business.

Is a customer aware of a product, brand, or company? What is meant by awareness? Awareness in the context of marketing research is when a consumer is familiar with the product, brand, or company. It does not assume that the consumer has tried the product or has purchased it. Consumers are just aware. That is a measure that many businesses find valuable. There are several ways to measure awareness. For instance, the first type of awareness is unaided awareness . This type of awareness is when no prompts for a product, brand, or company are given. If you were collecting information on fast-food restaurants, you might ask a respondent to list all the fast-food restaurants that serve a chicken sandwich. Aided awareness would be providing a list of products, brands, or companies and the respondent selects from the list. For instance, if you give a respondent a list of fast-food restaurants and ask them to mark all the locations with a chicken sandwich, you are collecting data through an aided method. Collecting these answers helps a company determine how the business location compares to those of its competitors. 17

Customer Satisfaction (CSAT)

Have you ever been asked to complete a survey at the end of a purchase? Many businesses complete research on buying, returning, or other customer service processes. A customer satisfaction score , also known as CSAT, is a measure of how satisfied customers are with the product, brand, or service. A CSAT score is usually on a scale of 0 to 100 percent. 18 But what constitutes a “good” CSAT score? Although what is identified as good can vary by industry, normally anything in the range from 75 to 85 would be considered good. Of course, a number higher than 85 would be considered exceptional. 19

Customer Acquisition Cost (CAC) and Customer Effort Score (CES)

Other metrics often used are a customer acquisition cost (CAC) and customer effort score (CES). How much does it cost a company to gain customers? That’s the purpose of calculating the customer acquisition cost. To calculate the customer acquisition cost , a company would need to total all expenses that were accrued to gain new customers. This would include any advertising, public relations, social media postings, etc. When a total cost is determined, it is divided by the number of new customers gained through this campaign.

The final score to discuss is the customer effort score , also known as a CES. The CES is a “survey used to measure the ease of service experience with an organization.” 20 Companies that are easy to work with have a better CES than a company that is notorious for being difficult. An example would be to ask a consumer about the ease of making a purchase online by incorporating a one-question survey after a purchase is confirmed. If a number of responses come back negative or slightly negative, the company will realize that it needs to investigate and develop a more user-friendly process.

Knowledge Check

It’s time to check your knowledge on the concepts presented in this section. Refer to the Answer Key at the end of the book for feedback.

• Defining the problem
• Developing the research plan
• Selecting a data collection method
• Designing the sample
• you are able to send it to all households in an area
• it is inexpensive
• responses are automatically loaded into the software
• the data comes in quickly
• Primary data
• Secondary data
• Secondary and primary data
• Professional data
• It shows how respondents answered two variables in relation to each other and can help determine patterns by different groups of respondents.
• By presenting the data in the form of a picture, the information is easier for the reader to understand.
• It is an easy way to see how often one answer is selected by the respondents.
• This analysis can used to present interview or focus group data.

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Want to cite, share, or modify this book? This book uses the Creative Commons Attribution License and you must attribute OpenStax.

Access for free at https://openstax.org/books/principles-marketing/pages/1-unit-introduction

• Authors: Dr. Maria Gomez Albrecht, Dr. Mark Green, Linda Hoffman
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• Book title: Principles of Marketing
• Publication date: Jan 25, 2023
• Location: Houston, Texas
• Book URL: https://openstax.org/books/principles-marketing/pages/1-unit-introduction
• Section URL: https://openstax.org/books/principles-marketing/pages/6-3-steps-in-a-successful-marketing-research-plan

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98 Quantitative Research Questions & Examples

Free Website Traffic Checker

Discover your competitors' strengths and leverage them to achieve your own success

As researchers, we know how powerful quantitative research data can be in helping answer strategic questions. Here, I’ve detailed 23 use cases and curated 98 quantitative market research questions with examples – making this a post you should add to your bookmark list , so you can quickly refer back.

I’ve formatted this post to show you 10-15 questions for each use case. At the end of each section, I also share a quicker way to get similar insights using modern market research tools like Similarweb.

What is a quantitative research question?

Quantitative market research questions tell you the what, how, when, and where of a subject. From trendspotting to identifying patterns or establishing averages– using quantitative data is a clear and effective way to start solving business problems.

Types of quantitative research questions

Quantitative market research questions are divided into two main types: descriptive and causal.

• Descriptive research questions seek to quantify a phenomenon by focusing on a certain population or phenomenon to measure certain aspects of it, such as frequency, average, or relationship.
• Causal research questions explore the cause-and-effect relationship between two or more variables.

The ultimate list of questions for quantitative market research

Get clear explanations of the different applications and approaches to quantitative research–with the added bonus of seeing what questions to ask and how they can impact your business.

Examples of quantitative research questions for competitive analysis

A powerful example of quantitative research in play is when it’s used to inform a competitive analysis . A process that’s used to analyze and understand how industry leaders and companies of interest are performing.

Pro Tip: Collect data systematically, and use a competitive analysis framework to record your findings. You can refer back to it when you repeat the process later in the year.

• What is the market share of our major competitors?
• What is the average purchase price of our competitors’ products?
• How often do our competitors release new products?
• What is the total number of customer reviews for our competitors’ products?
• What is the average rating of our competitors’ products?
• What is the average customer satisfaction score for our competitors?
• What is the average return rate of our competitors’ products?
• What is the average shipping time for our competitors’ products?
• What is the average price discount offered by our competitors?
• What is the average lifespan of our competitors’ products?

With this data, you can determine your position in the market and benchmark your performance against rival companies. It can then be used to improve offerings, service standards, pricing, positioning, and operational effectiveness. Notice that all questions can be answered with a numerical response , a key component of all successful examples of quantitative market research questions.

Quantitative research question example: market analysis

‍♀️ Question: What is the market share of our major competitors?

Insight sought: Industry market share of leaders and key competitors.

Challenges with traditional quantitative research methods: Outdated data is a major consideration; data freshness remains critical, yet is often tricky to obtain using traditional research methods. Markets shift fast, so being able to obtain and track market share in real time is a challenge many face.

A new approach: Similarweb enables you to track this key business KPI in real-time using digital data directly from the platform. On any day, you can see what your market share is, along with any players in your market. Plus, you get to see rising stars showing significant growth, who may pose a threat through market disruption or new tactics.

⏰ Time to insight: 30 seconds

✅ How it’s done: Using Similarweb’s Web Industry Analysis, two digital metrics give you the intel needed to decipher the market share in any industry. I’m using the Banking, Credit, and Lending market throughout these examples. I’ve selected the US market, analyzing the performance of the previous 3 months.

• Share of visits 

Here, I can see the top players in my market based on the number of unique visitors to their sites. On top of the raw data that shows me the volume of visitors as a figure, I can quickly see the two players ( Capital One and Chase ) that have grown and by what percentage. On the side, you can see rising players in the industry. Now, while my initial question was to establish the market share of my major competitors, I can see there are a few disruptive players in my market who I’d want to track too; Synchrony.com being one of particular interest, given their substantial growth and traffic numbers.

• Share of search 

Viewing the overall market size based on total search volumes, you can explore industry leaders in more detail. The top websites are the top five players, ranking by traffic share . You can also view the month-over-month change in visits, which shows you who is performing best at any given time . It’s the same five names, with Paypal and Chase leading the pack. However, I see Wells Fargo is better at attracting repeat visitors, while Capital One and Bank of America perform better at drawing in unique visitors.

In answer to my question, what is the market share of my major competitors, I can quickly use Similarweb’s quantitative data to get my answer.

This traffic share visual can be downloaded from the platform. It plots the ten industry leader’s market share and allocates the remaining share to the rest of the market.

I can also download a market quadrant analysis, which takes two key data points, traffic share and unique visitors, and plots the industry leaders. All supporting raw data can be downloaded in .xls format or connected to other business intelligence platforms via the API.

Quantitative research questions for consumer behavior studies

These studies measure and analyze consumer behavior , preferences, and habits . Any type of audience analysis helps companies better understand customer intent, and adjust offerings, messaging, campaigns, SEO, and ultimately offer more relevant products and services within a market.

• What is the average amount consumers spend on a certain product each month?
• What percentage of consumers are likely to purchase a product based on its price?
• How do the demographics of the target audience affect their purchasing behavior?
• What type of incentive is most likely to increase the likelihood of purchase?
• How does the store’s location impact product sales and turnover?
• What are the key drivers of product loyalty among consumers?
• What are the most commonly cited reasons for not buying a product?
• How does the availability of product information impact purchasing decisions?
• What is the average time consumers spend researching a product before buying it?
• How often do consumers use social media when making a purchase decision?

While applying a qualitative approach to such studies is also possible, it’s a great example of quantitative market research in action. For larger corporations, studies that involve a large, relevant sample size of a target market deliver vital consumer insights at scale .

Read More: 83 Qualitative Research Questions & Examples

Quantitative research question and answer: content strategy and analysis

‍♀️ Question: What type of content performed best in the market this past month?

Insight sought: Establish high-performing campaigns and promotions in a market.

Challenges with traditional quantitative research methods: Whether you consider putting together a panel yourself, or paying a company to do it for you, quantitative research at scale is costly and time-consuming. What’s more, you have to ensure that sampling is done right and represents your target audience.

A new approach: Data analysis is the foundation of our entire business. For over 10 years, Similarweb has developed a unique , multi-dimensional approach to understanding the digital world. To see the specific campaigns that resonate most with a target audience, use Similarweb’s Popular Pages feature. Key metrics show which campaigns achieve the best results for any site (including rival firms), campaign take-up, and periodic changes in performance and interest.

✅ How it’s done: I’ve chosen Capital One and Wells Fargo to review. Using the Popular Pages campaign filter, I can view all pages identified by a URL parameter UTM. For clarity, I’ve highlighted specific campaigns showing high-growth and increasing popularity. I can view any site’s trending, new, or best-performing pages using a different filter.

In this example, I have highlighted three campaigns showing healthy growth, covering teen checking accounts, performance savings accounts, and add-cash-in-store. Next, I will perform the same check for another key competitor in my market.

Here, I can see financial health tools campaigns with over 300% month-over-month growth and smarter credit and FICO campaigns showing strong performance. This tells me that campaigns focussing on education and tools are growing in popularity within this market. 

Examples of quantitative research questions for brand tracking

These studies are designed to measure customers’ awareness, perceptions, behaviors, and attitudes toward a brand over time. Different applications include measuring brand awareness , brand equity, customer satisfaction, and purchase or usage intent.

These types of research surveys ask questions about brand knowledge, brand attributes, brand perceptions, and brand loyalty . The data collected can then be used to understand the current state of a brand’s performance, identify improvements, and track the success of marketing initiatives.

• To what extent is Brand Z associated with innovation?
• How do consumers rate the quality of Brand Z’s products and services?
• How has the awareness of Brand Z changed over the past 6 months?
• How does Brand Z compare to its competitors in terms of customer satisfaction?
• To what extent do consumers trust Brand Z?
• How likely are consumers to recommend Brand Z?
• What factors influence consumers’ purchase decisions when considering Brand Z?
• What is the average customer satisfaction score for equity?
• How does equity’s customer service compare to its competitors?
• How do customer perceptions of equity’s brand values compare to its competitors?

Quantitative research question example and answer: brand tracking

‍♀️ Question: How has the awareness of Brand Z changed over the past 6 months?

Insight sought: How has brand awareness changed for my business and competitors over time.

⏰ Time to insight: 2 minutes

✅ How it’s done: Using Similarweb’s search overview, I can quickly identify which brands in my chosen market have the highest brand awareness over any time period or location. I can view these stats as a custom market or examine brands individually.

Here, I’ve chosen a custom view that shows me five companies side-by-side. In the top right-hand corner, under branded traffic, you get a quick snapshot of the share of website visits that were generated by branded keywords. A branded keyword is when a consumer types the brand name + a search term.

Below that, you will see the search traffic and engagement section. Here, I’ve filtered the results to show me branded traffic as a percentage of total traffic. Similarweb shows me how branded search volumes grow or decline monthly. Helping me answer the question of how brand awareness has changed over time.

Quantitative research questions for consumer ad testing

Another example of using quantitative research to impact change and improve results is ad testing. It measures the effectiveness of different advertising campaigns. It’s often known as A/B testing , where different visuals, content, calls-to-action, and design elements are experimented with to see which works best. It can show the impact of different ads on engagement and conversions.

A range of quantitative market research questions can be asked and analyzed to determine the optimal approach.

• How does changing the ad’s headline affect the number of people who click on the ad?
• How does varying the ad’s design affect its click-through rate?
• How does altering the ad’s call-to-action affect the number of conversions?
• How does adjusting the ad’s color scheme influence the number of people who view the ad?
• How does manipulating the ad’s text length affect the average amount of time a user spends on the landing page?
• How does changing the ad’s placement on the page affect the amount of money spent on the ad?
• How does varying the ad’s targeting parameters affect the number of impressions?
• How does altering the ad’s call-to-action language impact the click-through rate?

Quantitative question examples for social media monitoring

Quantitative market research can be applied to measure and analyze the impact of social media on a brand’s awareness, engagement, and reputation . By tracking key metrics such as the number of followers, impressions, and shares, brands can:

• Assess the success of their social media campaigns
• Understand what content resonates with customers
• Spot potential areas for improvement
• How often are people talking about our brand on social media channels?
• How many times has our brand been mentioned in the past month?
• What are the most popular topics related to our brand on social media?
• What is the sentiment associated with our brand across social media channels?
• How do our competitors compare in terms of social media presence?
• What is the average response time for customer inquiries on social media?
• What percentage of followers are actively engaging with our brand?
• What are the most popular hashtags associated with our brand?
• What types of content generate the most engagement on social media?
• How does our brand compare to our competitors in terms of reach and engagement on social media?

Example of quantitative research question and answer: social media monitoring

‍♀️ Question: How does our brand compare to our competitors in terms of reach and engagement on social media?

Insight sought: The social channels that most effectively drive traffic and engagement in my market

✅ How it’s done: Similarweb Digital Research Intelligence shows you a marketing channels overview at both an industry and market level. With it, you can view the most effective social media channels in any industry and drill down to compare social performance across a custom group of competitors or an individual company.

Here, I’ve taken the five closest rivals in my market and clicked to expand social media channel data. Wells Fargo and Bank of America have generated the highest traffic volume from social media, with over 6.6 million referrals this year. Next, I can see the exact percentage of traffic generated by each channel and its relative share of traffic for each competitor. This shows me the most effective channels are YouTube, Facebook, LinkedIn, and Reddit – in that order.

In 30-seconds, I’ve discovered the following:

• YouTube is the most popular social network in my market.
• Facebook and LinkedIn are the second and third most popular channels.
• Wells Fargo is my primary target for a more in-depth review, with the highest performance on the top two channels.
• Bank of America is outperforming all key players significantly on LinkedIn.
• American Express has found a high referral opportunity on Reddit that others have been unable to match.

Power-up Your Market Research with Similarweb Today

Examples of quantitative research questions for online polls

This is one of the oldest known uses of quantitative market research. It dates back to the 19th century when they were first used in America to try and predict the outcome of the presidential elections.

Polls are just short versions of surveys but provide a point-in-time perspective across a large group of people. You can add a poll to your website as a widget, to an email, or if you’ve got a budget to spend, you might use a company like YouGov to add questions to one of their online polls and distribute it to an audience en-masse.

• What is your annual income?
• In what age group do you fall?
• On average, how much do you spend on our products per month?
• How likely are you to recommend our products to others?
• How satisfied are you with our customer service?
• How likely are you to purchase our products in the future?
• On a scale of 1 to 10, how important is price when it comes to buying our products?
• How likely are you to use our products in the next six months?
• What other brands of products do you purchase?
• How would you rate our products compared to our competitors?

Quantitative research questions for eye tracking studies

These research studies measure how people look and respond to different websites or ad elements. It’s traditionally an example of quantitative research used by enterprise firms but is becoming more common in the SMB space due to easier access to such technologies.

• How much time do participants spend looking at each visual element of the product or ad?
• How does the order of presentation affect the impact of time spent looking at each visual element?
• How does the size of the visual elements affect the amount of time spent looking at them?
• What is the average time participants spend looking at the product or ad as a whole?
• What is the average number of fixations participants make when looking at the product or ad?
• Are there any visual elements that participants consistently ignore?
• How does the product’s design or advertising affect the average number of fixations?
• How do different types of participants (age, gender, etc.) interact with the product or ad differently?
• Is there a correlation between the amount of time spent looking at the product or ad and the participants’ purchase decision?
• How does the user’s experience with similar products or ads affect the amount of time spent looking at the current product or ad?

Quantitative question examples for customer segmentation

Segmentation is becoming more important as organizations large and small seek to offer more personalized experiences. Effective segmentation helps businesses understand their customer’s needs–which can result in more targeted marketing, increased conversions, higher levels of loyalty, and better brand awareness.

If you’re just starting to segment your market, and want to know the best quantitative research questions to ask to help you do this, here are 20 to choose from.

Examples of quantitative research questions to segment customers

• What is your age range?
• What is your annual household income?
• What is your preferred online shopping method?
• What is your occupation?
• What types of products do you typically purchase?
• Are you a frequent shopper?
• How often do you purchase products online?
• What is your typical budget for online purchases?
• What is your primary motivation for purchasing products online?
• What factors influence your decision to purchase a product online?
• What device do you use most often when shopping online?
• What type of product categories are you most interested in?
• Do you prefer to shop online for convenience or for a better price?
• What type of discounts or promotions do you look for when making online purchases?
• How do you prefer to receive notifications about product promotions or discounts?
• What type of payment methods do you prefer when shopping online?
• What methods do you use to compare different products and prices when shopping online?
• What type of customer service do you expect when shopping online?
• What type of product reviews do you consider when making online purchases?
• How do you prefer to interact with a brand when shopping online?

Examples of quantitative research questions for analyzing customer segments

• What is the average age of customers in each segment?
• How do spending habits vary across customer segments ?
• What is the average length of time customers spend in each segment?
• How does loyalty vary across customer segments?
• What is the average purchase size in each segment?
• What is the average frequency of purchases in each segment?
• What is the average customer lifetime value in each segment?
• How does customer satisfaction vary across customer segments?
• What is the average response rate to campaigns in each segment?
• How does customer engagement vary across customer segments?

These questions are ideal to ask once you’ve already defined your segments. We’ve written a useful post that covers the ins and outs of what market segmentation is and how to do it.

Additional applications of quantitative research questions

I’ve covered ten use cases for quantitative questions in detail. Still, there are other instances where you can put quantitative research to good use.

Product usage studies: Measure how customers use a product or service.

Preference testing: Testing of customer preferences for different products or services.

Sales analysis: Analysis of sales data to identify trends and patterns.

Distribution analysis: Analyzing distribution channels to determine the most efficient and effective way to reach customers.

Focus groups: Groups of consumers brought together to discuss and provide feedback on a particular product, service, or marketing campaign.

Consumer interviews: Conducted with customers to understand their behavior and preferences better.

Mystery shopping: Mystery shoppers are sent to stores to measure customer service levels and product availability.

Conjoint analysis: Analysis of how consumers value different attributes of a product or service.

Regression analysis: Statistical analysis used to identify relationships between different variables.

A/B testing: Testing two or more different versions of a product or service to determine which one performs better.

Brand equity studies: Measure, compare and analyze brand recognition, loyalty, and consumer perception.

Exit surveys: Collect numerical data to analyze employee experience and reasons for leaving, providing insight into how to improve the work environment and retain employees.

Price sensitivity testing: Measuring responses to different pricing models to find the optimal pricing model, and identify areas if and where discounts or incentives might be beneficial.

Quantitative market research survey examples

A recent GreenBook study shows that 89% of people in the market research industry use online surveys frequently–and for good reason. They’re quick and easy to set up, the cost is minimal, and they’re highly scalable too.

Questions are always formatted to provide close-ended answers that can be quantified. If you wish to collect free-text responses, this ventures into the realm of qualitative research . Here are a few examples.

Brand Loyalty Surveys: Companies use online surveys to measure customers’ loyalty to their brand. They include questions about how long an individual has been a customer, their overall satisfaction with the service or product, and the likelihood of them recommending the brand to others.

Customer Satisfaction Surveys: These surveys may include questions about the customer’s experience, their overall satisfaction, and the likelihood they will recommend a product or service to others.

Pricing Studies: This type of research reveals how customers value their products or services. These surveys may include questions about the customer’s willingness to pay for the product, the customer’s perception of the price and value, and their comparison of the price to other similar items.

Product/Service Usage Studies: These surveys measure how customers use their products or services. They can include questions about how often customers use a product, their preferred features, and overall satisfaction.

Here’s an example of a typical survey we’ve used when testing out potential features with groups of clients. After they’ve had the chance to use the feature for a period, we send a short survey, then use the feedback to determine the viability of the feature for future release.

Employee Experience Surveys: Another great example of quantitative data in action, and one we use at Similarweb to measure employee satisfaction. Many online platforms are available to help you conduct them; here, we use Culture AMP . The ability to manipulate the data, spot patterns or trends, then identify the core successes and development areas are astounding.

How to answer quantitative research questions with Similarweb

For the vast majority of applications I’ve covered in this post, there’s a more modern, quicker, and more efficient way to obtain similar insights online. Gone are the days when companies need to use expensive outdated data or pay hefty sums of money to market research firms to conduct broad studies to get the answers they need.

By this point, I hope you’ve seen how quick and easy it is to use Similarweb to do market research the modern way. But I’ve only scratched the surface of its capabilities.

Take two to watch this introductory video and see what else you can uncover.

Added bonus: Similarweb API

If you need to crunch large volumes of data and already use tools like Tableau or PowerBI, you can seamlessly connect Similarweb via the API and pipe in the data. So for faster analysis of big data, you can leverage Similarweb data to use alongside the visualization tools you already know and love.

Similarweb’s suite of market intelligence solutions offers unbiased, accurate, honest insights you can trust. With a world of data at your fingertips, use Similarweb Research Intelligence to uncover facts that help inform your research and strengthen your position.

Take a look at:

• Our Market Research suite
• Our Benchmarking tools
• Our Audience Insights tool
• Our Company Research module
• Our Consumer Journey Tracker
• Our Competitive Analysis Tool

Wrapping up

Today’s markets change at lightning speed. To keep up and succeed, companies need access to insights and intel they can depend on to be timely and on-point. While quantitative market research questions can and should always be asked, it’s important to leverage technology to increase your speed to insight, and thus improve reaction times and response to market shifts.

What is quantitative market research?

Quantitative market research is a form of research that uses numerical data to gain insights into the behavior and preferences of customers. It is used to measure and track the performance of products, services, and campaigns.

How does quantitative market research help businesses?

Quantitative market research can help businesses identify customer trends, measure customer satisfaction, and develop effective marketing strategies. It can also provide valuable insights into customer behavior, preferences, and attitudes.

What types of questions should be included in a quantitative market research survey?

Questions in a quantitative market research survey should be focused, clear, and specific. Questions should be structured to collect quantitative data, such as numbers, percentages, or frequency of responses.

What methods can be used to collect quantitative market research data?

Common methods used to collect quantitative market research data include surveys, interviews, focus groups, polls, and online questionnaires.

What are the advantages and disadvantages of using quantitative market research?

The advantages of using quantitative market research include the ability to collect data quickly, the ability to analyze data in a structured way, and the ability to identify trends. Disadvantages include the potential for bias, the cost of collecting data, and the difficulty in interpreting results.

by Liz March

Digital Research Specialist

Liz March has 15 years of experience in content creation. She enjoys the outdoors, F1, and reading, and is pursuing a BSc in Environmental Science.

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