The Value of Video in Market Research

There are multiple methods for conducting market research in this era of new and interactive technology. One method that has been around for a few decades now is video. With the advent of YouTube and various other online video outlets, it has never been easier to reach an audience with the medium of video. In market research, video can be used as a reference for note-taking after a market research session has concluded. It can help in bringing about more accurate notes and producing findings that are more true to what actually happened during the market research session.

market research

Video can be highly beneficial for market research.

Why use video for market research?

Using video in market research has many advantages including:

  • Diaries – Market research study participants can use video to create diaries about their experiences or opinions of a certain research topic. These diary entries can be accumulated and then aggregated as evidence for the research study.
  • TDIs – Video can be incredibly useful for TDIs (telephone depth interviews) which can utilize computer applications such as Skype to conduct a simulated face-to-face interview. This can help in targeting hard to reach segments of the population or make a TDI more interpersonal by introducing the face-to-face video aspect.
  • Showing videos to groups – Using video within market research groups can result in more engagement from those group’s members. It allows focus group participants with low levels of literacy to be actively engaged in the study. This opens up whole new groups that might’ve been difficult before to include in market research.
  • Ethnographies – In ethnographies, or the study of certain specific cultural phenomena, video is also especially useful. Showing rather than talking about certain cultural trends is an easier way to engage market research study participants.

InsightShare pointed out that participatory video in market research particularly has an advantage since “showing a video rather than giving a speech puts [people] on a more equal footing with [researchers] and so on, who may have more experience of conferences and public speaking.” These types of videos can engage a focus group and provide a wider range of results and findings. The members of your particular focus group are more likely to give a response than if they had just read something on a piece of paper.

About Observation Baltimore:

At Observation Baltimore, we understand that the success of your research is directly tied to the quality of your participants.  Recognized as one of the top Maryland market research facilities and rated “One of the World’s Best” by Impulse Survey, we believe that Experienced Recruiting Makes the Difference.  Our experienced recruiting is the foundation of our mission, as well as courteous and proactive hospitality and client services. Just six minutes from BWI airport and AMTRAK, our Baltimore research facility has a great location. Most importantly, we understand market research!

To learn more about the market research facility at Observation Baltimore: contact Ryan Ross at 443-543-5345 orclick here!

This entry was posted on Wednesday, May 11th, 2016 at 1:01 pm. Both comments and pings are currently closed.

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