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Online surveys are a great option for business owners who would like to conduct their own research, and online survey tools make it possible for these business owners to perform market research at a fraction of the usual cost. The list below explains ten benefits of using online surveys as a way of researching your target market.1. FasterThe time span needed to complete an online survey project is on average two-thirds shorter than that of a traditional research method. Because the information is being gathered automatically, you don't have to wait for paper questionnaires to come back to you. The response rate is almost instant. Online marketing experts say that more than half the responses are in within the first three days of the research project.2. CheaperUsing online questionnaires can halve your research costs. Your business can save money on postage, and you don't have to allocate part of your staff to enter the information into a database. The responses are processed automatically, and the results are accessible at any time.3. More AccurateThere is a smaller margin of error because participants enter their responses directly into the system. Traditional methods rely on the...more
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