For Consumer Market Research Professionals (Length: 17 pages)

April 24, 2008

Will Web 2.0 Transform Market Research?

Yes — But High Cost Will Mean That Firms With Big Budgets Lead

by Brad Bortner

with Ellen Daley, Heidi Lo, Madiha Ashour


Executive Summary (This is a document excerpt)

Market research online communities (MROCs) will shock the qualitative market research world. They provide cheaper, faster, and newer types of insights that today's traditional qualitative research modes, such as focus groups, don't currently provide. Today, many still confuse MROCs — dedicated online communities for qualitative market research purposes — with other online communities used for social networking or online panels used for quantitative research. Despite the confusion, MROCs are fundamentally changing the cost structure of qualitative research from a variable-cost, per-project basis to a fixed-cost "all you can eat" basis — while supporting research approaches that range from using focus groups, harvesting unmoderated conversations, and conducting ethnographic research. Use the tools that we provide in this document to assess your firm's readiness, and use our quick-start guide to kick off your MROC.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemMarket Research Online Communities Will Turbocharge Qualitative Research

itemWhen To Use — Or Not Use — An Online Community

itemClients' Success Stories Highlight The Power Of These Communities

itemWho Are The Providers/Vendors, And How Do They Differ?

recommendations

itemEmbrace Market Research Online Communities

Forrester interviewed 31 vendor and user companies, including BMC Software, Blockbuster, Cisco Systems, Communispace, Cox Enterprises, Critical Mass, David's Bridal, Del Monte, DoubleClick, Fidelity, Global Services, Hilton Hotels, IBM, IHG, JCPenney, Kellogg, KL Communications, Lithium Technologies, LiveWorld, MarketTools, McAffee, Networked Insights, Passenger, Peanut Labs, PluggedIN, Prospero Technologies (prior to acquisition by Mzinga), Southern Company, Sylvan Learning, Time, Upromise, the United States Postal Service (USPS), and VisionCritical.

Related Research Documents

itemOnline Communities: Build Or Join

February 28, 2008

itemDoes Declining Research Projectability Matter?

February 22, 2008

itemOnline Community Best Practices

February 13, 2008

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Analyst: Brad Bortner
Technology: B2B Sales & Marketing, Customer Experience, Interactive Marketing, Market Research Tools & Best Practices, Marketing & Advertising, Social Computing & Web 2.0
Geography: Asia Pacific, Europe, North America

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Ratings and Comments
Rating: 9 out of 10
based on 4 ratings across all roles.
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