Optimize Your Market Research Incentives for Online Qualitative Methods

  • author

    Hannah Prince

  • posted

    Apr 20, 2023

  • topic

    Academic Research, Market Research

Optimize Your Market Research Incentives for Online Qualitative Methods

The verdict is in: Online qualitative research methods are here to stay.

Even as in-person focus groups and in-depth interviews (IDIs) make a comeback, researchers are continuing to rely much more heavily on online methods. “It seems that online methods have not only met the immediate needs (during the pandemic) but have proven to be capable replacements for traditional methods,” says the latest GRIT Insights Practice Report. Since 2019, there’s been a sharp decrease among insights suppliers in their use of in-person qualitative tactics like IDIs (69% to 52%) and focus groups (72% to 51%), while the corresponding online methods continue to grow.

Not only does shift affect researchers’ processes for participant recruitment and data collection, it also changes the way that market research incentives are used and distributed.

READ MORE: How to Tailor Your Survey Rewards for In-Depth Feedback

Changing Qualitative Market Research Incentives

With qualitative research methods going digital, the convenience of handing over cash or a check to participants in person is gone, and mailing those rewards will only add time and hassle. Just like online survey rewards, it makes sense for market research incentives to be delivered in the same way that the research was done. Going digital allows you to create a seamless, consistent experience — not to mention that digital gift cards are preferred by recipients.

The key, however, is how you manage your digital incentives. Buying e-gift cards straight from the retailer, manually compiling spreadsheets of email addresses, and individually sending out codes will only add to your workload. But with the right processes and tools, digital rewards will take no more work than handing over a $20 bill.

The Advantages of an Incentives Management Platform

A digital incentives management platform like BHN Rewards can help. It’s easy to build and organize rewards campaigns to keep projects separate and customize the offered incentive based on the audience and level of effort. Depending on the research software you’re using, you may even be able to add recipients and distribute rewards automatically, thanks to the wonders of integration.

Actually, using a rewards platform for your market research incentives offers a plethora of benefits, including:

  • More flexibility without extra hassle. You can offer e-gift cards from multiple retailers without having to make separate purchases with each one.
  • Better tracking and reporting. You’ll have 100% visibility into your incentives and budget, all in one place, rather than juggling multiple spreadsheets.
  • Support for anonymous research. When your program requires participants to stay anonymous, the right market research incentives platform can help by decoupling and masking personal data.
  • A more seamless recipient experience. Your participants will appreciate that they can receive their incentives instantly via email or SMS, and they can easily spend their digital gift cards online or with a mobile wallet.

Ready to streamline your market research incentives with a digital rewards management platform? Before you start shopping, check out our Buyer’s Guide to see what six things you should look for!

about the author
Hannah Prince

Hannah is a reformed journalist who has more than 15 years of experience and now focuses on content marketing for innovative tech companies.

Hannah is a reformed journalist who has more than 15 years of experience and now focuses on content marketing for innovative tech companies.