{"id":48,"date":"2007-02-22T19:20:32","date_gmt":"2007-02-23T05:20:32","guid":{"rendered":"http:\/\/www.pananadesign.com\/blog\/2007\/02\/22\/market-research-for-cheap\/"},"modified":"2020-04-03T15:44:46","modified_gmt":"2020-04-04T01:44:46","slug":"market-research-for-cheap","status":"publish","type":"post","link":"https:\/\/www.pananadesign.com\/blog\/2007\/02\/22\/market-research-for-cheap\/","title":{"rendered":"Market Research For Cheap!"},"content":{"rendered":"<p>Market research was one of those subjects that people would study only if they were gunning for the corporate world. Small businesses can&#8217;t afford to hire someone to do that- not full time, at least.<\/p>\n<p>For them, market research would be something along the lines of asking locals &#8216;How do you look that new gum we got?&#8217; after ringing up their purchase.<\/p>\n<p>Today &#8211; that has changed. Now these same businesses can just text &#8216;How do U lik tht nw gum?&#8217;! But that&#8217;s not where the biggest leap has taken place.<\/p>\n<p>Most users of Google Ads have completely missed the fact that they have a market research tool right in front of them. And a lot of that research can be done for less than $100.<\/p>\n<p>When you test ads on Google Ads, you&#8217;re not only getting feedback on which ad is better, you&#8217;re also getting an insight into your market.<\/p>\n<p>Are people responding more to an appeal based around price rather than features? That&#8217;s telling you something very important about your marketing.<\/p>\n<p>It&#8217;s something you can transfer directly into your site content. Chances are that if one appeal works best on the ad, it&#8217;s probably going to pull well on your site, too.<\/p>\n<p>You can test different special offers, headlines, even single words. Because of the low cost of Google Ads you can gather data fairly cheaply and quickly.<\/p>\n<p>That&#8217;s the other benefit you can reap from this avenue &#8211; you get fast response. It doesn&#8217;t take long to get the number of clicks you need to complete your research.<\/p>\n<p>You can usually accomplish this market research in a matter of days, sometimes hours.<\/p>\n<p>One other area where Google Ads excels is that in-person research, even if done through a confidential questionnaire, can inhibit a person.<\/p>\n<p>They end up giving you the answers they think you want; or answers that they believe make them look &#8216;good&#8217;.<\/p>\n<p>Consciously or not, they often will reply in ways that do not represent how they truly think. Why?<\/p>\n<p>Because people act on unconscious levels when they go shopping. Interviewing them face-to-face, they switch to a much more conscious state that is probably not how they act on their own.<\/p>\n<p>With Google Ads, people are responding naturally, often without knowing exactly why one ad pulled them over another.<\/p>\n<p>That&#8217;s why focus groups are often proved wrong after thousands of dollars are spent based on them. This is only a brief touching on what can be done through online\/search engine advertising.<\/p>\n<p>Google ads may just look like classified ads, but there&#8217;s a reason they&#8217;ve made the company a billion dollar business in a few short years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market research was one of those subjects that people would study only if they were gunning for the corporate world. Small businesses can&#8217;t afford to hire someone to do that- not full time, at least. For them, market research would be something along the lines of asking locals &#8216;How do you look that new gum [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[],"content_audit":[110,112],"class_list":["post-48","post","type-post","status-publish","format-standard","hentry","category-other","content_audit-audited","content_audit-refresh"],"modified_by":"Jonathan Cook","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/posts\/48","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/comments?post=48"}],"version-history":[{"count":1,"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/posts\/48\/revisions"}],"predecessor-version":[{"id":648,"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/posts\/48\/revisions\/648"}],"wp:attachment":[{"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/media?parent=48"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/categories?post=48"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/tags?post=48"},{"taxonomy":"content_audit","embeddable":true,"href":"https:\/\/www.pananadesign.com\/blog\/wp-json\/wp\/v2\/content_audit?post=48"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}