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Along
with providing the marketer with a great tool for retention
marketing email is also a fantastic medium for market research.
This article looks at the benefits of using email for market
research and provides some tips for maximising the results.
There is
also a mini-case study that highlights just how effective email is as a research
medium.
Why
E-Mail for Research
Cost
A second-class stamp costs 20p, a telemarketer around £7 per hour and
a data entry worker around £5.50 an hour. This excludes costs such as
envelopes, printing, telemarketing database design and training of staff.
While e-mail
is certainly not a free medium it is significantly cheaper than others. Specialists
will be required to design the email, survey pages and develop the database
to collect the results; the cost of this for any reasonable size campaign will
pale into insignificance compared to the cost of either a telemarketer or someone
to manually input the results.
Speed
Not only is email fast to send but the results are also collected in shorter
time frames. Waiting for postal surveys to come back can take weeks and a telemarketer
would take time to call your nominated sample. By using e-mail the majority
of your surveys will be completed and available for analysis in less than 48
hours.
Easier
to respond
E-Mail makes
it easier for your customers to respond because:
- Your
customer does not have to visit the post box
- They
don’t have to spend time on the phone at an inconvenient time
Data Collection / Validity
Something
that frustrates marketers are those customers that are willing to respond to
your survey but either tick three boxes when asked to tick one or misinterpret
questions asked by the telemarketer.
Email allows
you to set-up rules on each question so if they are asked to tick one box then
only one box can be ticked. This reduces the amount of spoiled data that is
collected.
Reminders
Your survey
is probably not the highest priority for your customers. If your telemarketer
calls during a busy moment then they are likely to be told never to call again
while your postal survey can easily get binned.
By using
email you can send reminders so even if they decide not to or forget to complete
it on the first email, additional reminder emails can be sent only to those
that have not responded.
Tips for improving response
1)
Embed short surveys into the Email
If you only
have a few questions in your survey consider embedding the survey into the email.
This will show your customers that only a short period of their time is required.
2)
Personalise every aspect of the email message
Where you
can personalise the email message. A recent survey we carried out for a travel
company stated their name, the date the customer booked their holiday and the
hotel they are due to stay in. Immediately this increases the relevance of the
survey to the customer.
3)
Pre-populate parts of the survey
Another
way of reducing the work on behalf of the customer is to pre-populate survey
fields. For example you should already know some details such as their name
and address. Therefore there is no need for you to ask them again and increase
the length of the survey. However by making this information viewable it gives
them the opportunity to correct any information that is wrong.
4)
Provide an Incentive
Everyone
gets too many emails, phone calls and items of post every day. In order for
your survey to get responded to you need to make it worthwhile for your customers
to spend their precious time on answering your questions.
Incentives
that work well for consumer email surveys include entries to a competition or
prize draw, money off vouchers or a discount on their next order.
In business
surveys this does not work as well – try using a donation to charity or
the provision of information such as a specialist white paper.
5)
Send reminders
As stated
earlier people will forget about your survey. Create up to 3 reminder emails.
You can then send these to only those that have responded and not unsubscribed.
You can even increase the incentive in later emails to persuade more people
to take part.
As a guideline
for what you can expect from your reminder emails we generally find that the
initial email we will generate 60-70% of the completed surveys. However we have
seen cases where the response from reminder emails is higher then the initial
email message.
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Case
Study – OctopusTravel.com
OctopusTravel.com
are an online travel company offering the lowest rates at 19,000 hotels
worldwide, sightseeing tours, travel guides and much more. Octopustravel
are partnered with easyJet to offer accomodation and services to compliment
the easyJet flight routes.
In
order to maintain and develop the service they provide their easyJet customers
they needed to find out the views of those that had booked with them.
OctopusTravel.com
offered a £10 voucher to every customer who completed the survey.
Emailcenter set-up the email and survey pages so that on submitting a
survey the £10 voucher was automatically generated and sent to the
customer.
Results
OctopusTravel.com
selected 600 customers to send the surveys to.
The
first email generated 195 responses (32.5% response rate) while the follow
up email to those that had not responded generated a further 35 responses
(8.5% response rate). This response was so high the final reminder email
was cancelled because OctopusTravel.com had already collected twice as
many surveys as they expected.
Joseph
Gleeson, Customer Services Manager at OctopusTravel.com said, “We
had previously gained around 8-20% response rate on email surveys we had
done. With Emailcenter we achieved almost 40%.”
“We
chose Emailcenter because of their professional service, superior pricing,
and advanced product functionality. In particular their ability to automatically
generate gift vouchers and the resending of the survey to non-respondents
was a major factor.”
The
results of the survey have reconfirmed that OctopusTravel.com are providing
a superb service but has highlighted a few tweaks they could make to improve
it further. Joseph can now identify his priorities for improvement in
the coming year thanks to Emailcenter as Joseph said “The solutions
provided by Emailcenter have helped us dramatically improve our service
in 2003 and enabled us to prepare for 2004 with some degree of confidence.”
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