Improve Your Marketing Research With Netnography

  By Melgrace Abandula

Improve Your Marketing Research With Netnography

The rise of highly advanced search tools have made it possible for businesses to leverage a wide array of data online, much to their advantage.

And what better way for marketers to improve their marketing research efforts than a netnography. A netnography search is a great way for a business to streamline its research efforts and analyze opinion by online customers. Netnography is an ethnographic study that uses the Internet for obtaining customer information. 

Marketing research supports a business’s marketing machines. Consumer-facing businesses should be able to know the needs of both existing and prospect customers in order to discover possible market segments and position their products and services more effectively.

Through the years, businesses continue to conduct their own marketing studies and surveys to create data, make analysis and act on it.  However, these traditional methods that are being used to conduct a marketing research can run at a rather slow pace and be costly. Also, results may more often be biased as well.

But with the introduction of blogs, social networks, forums and other information on the Internet, it is now easier to collect and analyze data. This has helped companies cut down on costs of research at the same time acquire relevant information as well.

Many businesses have long relied on different traditional market research techniques for scaling both quantitative and qualitative aspects of their business which are either conducted serially or in parallel, such as in surveys, focus groups and interviews – activities of which human behavior can be directly observed. While these approaches may each come with a level of effectiveness, these may still be subject to partiality. Moreover, the process of combining results altogether into a comprehensive output can involve a good deal of time and money.

With netnography, it is now easier and more efficient to communicate and record data, thus leading to a more comprehensive analysis and a better output. You can access and analyze opinions of consumers in blogs, online discussion groups and forums. Netnography enables businesses to better determine frequently mentioned opinions from customers with regard to the business’s products, services and marketing methods at a significantly faster turnaround time, lesser cost and which results are more authentic.

For instance, if your business is on manufacturing and you want to know frequent complaints from your consumers about your products, then doing netnographic searches can help you study the subject better and faster and at a lesser cost. This is far better than what traditional marketing research methods can provide.

By running a range of different searches, which may include the reasons of problems occurring to your products, your business can address these problems and other issues being experienced by your customers faster. In fact, a few searches can even yield you as many citations from different customers discussing a particular issue than you can imagine.

With lesser analysis, you can then identify the main issues expressed by your customers, such as safety and maintenance. You can even further break down the data to better gather the most relevant facts. For instance, safety is often mentioned with regard to a competitor’s brand. Information enables you to leverage your product’s strengths and use your competitor’s products to your advantage. By using the right keywords, you can uncover as many citations on a particular subject. Thus, you can then be able to launch your market campaign.

For larger-scope research programs, you may want to do a netnographic study first. This way, you can be able to provide researchers preliminary information, which would directly enable them to zero in on more important tasks, thus allowing better expediency.

So if you want your marketing research efforts to be as easy, quick and cost-efficient, netnography just might be the answer for you.

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