ama iowa - surveymonkey (11-13) (slideshare)
DESCRIPTION
Presentation @AMAIowa on 11/6/13.TRANSCRIPT
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The Secret to Successful Survey Projects
Better Decision Making Fueled by Data AMA Iowa NOV 2013
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Hi, I’m Brent
• VP, GM of SurveyMonkey Audience
• @SurveyMonkey since Apr. ’09
@bchudoba brentchudoba.com in/brentchudoba
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Why do marketers LOVE survey data?
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To try and understand the public's way of thinking
Often proves a point or opens up a new market
Able to quickly provide feedback to industry decision makers to demonstrate we stay informed and keep them informed
Concrete data to tell us how our consumers think/feel
Narrows down a wide variety of a group's opinions, habits, and preferences to help give you better direction in making marketing decisions and taking action
I like statistics and analytics so when I see numbers, it helps me to make, what I think, are better informed decisions
I love the research and statistics that come out of surveys
It’s fact. You can make decisions
Lets us know what the customer wants, otherwise we are making decisions based off of stereotypes, gut reactions, or the past
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SurveyMonkey mission: Help people make better decisions
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So let’s talk about how we can help
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Question: What is the most challenging aspect of running a survey project?
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Let’s see what marketers said…
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The challenges
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The challenges
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• Sign off takes much longer than expected
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The challenges
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• Sign off takes much longer than expected
• Projects can be costly
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The challenges
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• Sign off takes much longer than expected
• Projects can be costly • Creating questions that
will produce reliable data is challenging
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The challenges
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• Sign off takes much longer than expected
• Projects can be costly • Creating questions that
will produce reliable data is challenging
• Takes weeks (sometimes months) to get data back
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The Secret
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The Secret: Write your conclusions BEFORE you create your survey
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Write your conclusions first?"
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• How do you write a conclusion without any data?"
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Write your conclusions first?
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• How do you write a conclusion without any data?
• Couldn’t writing conclusions before questions create bias?
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A survey is a research project
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Think back to the the “scientific method”
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Scientific method
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• Make an observation • Propose a hypothesis • Design an experiment • Test hypothesis • Accept or reject the hypothesis • Draw conclusions and/or revise hypothesis • Rinse and repeat…
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What usually happens during a meeting…
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1. Business question is identified"
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What usually happens during a meeting…
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1. Business question is identified"
2. Someone says, “We should do a survey”"
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What usually happens during a meeting…
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1. Business question is identified"
2. Someone says, “We should do a survey”"
3. Project owner is assigned"
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What usually happens during a meeting…
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1. Business question is identified"
2. Someone says, “We should do a survey”"
3. Project owner is assigned"
4. People start writing survey questions"
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Now, what SHOULD happen after a meeting…
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Observation Identified a trend for study
Hypothesis Outline a draft of the “presentation” (e.g., blog post, research report, memo, PowerPoint deck) and include hypotheses
Design Design a survey with questions that ONLY provides the data required to to prove or disprove they hypotheses
Test Find respondents and field survey
Accept/Reject
hypothesis Review findings, update draft presentation and determine if additional research
is required
Revise/Accept
hypothesis Make an informed business decision
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If you start with a hypothesis…
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• Your survey projects will be significantly faster
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If you start with a hypothesis…
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• You will have powerful data in your hands to answer business questions sooner
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If you start with a hypothesis…
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• You will have more time to iterate and refine your projects
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If you start with a hypothesis…
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• Your data analysis stage will be simpler - Succinct surveys = fewer
data points - Questions designed with
analysis and presentation in mind provide immediate insights and inherently more effective question structures
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If you start with a hypothesis…
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• The post survey presentation creation stage will be lightning fast since you’ve already built your framework
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If you start with a hypothesis…
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• You may be sought out by colleagues and superiors who want your assistance solving challenging business problems - Promotions, increased social
standing, fame and fortune have been observed
- Disclaimer: Results may vary, and SurveyMonkey does not guarantee any of the above results
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Let’s give it a try…
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Netflix
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• In early 2013, Netflix debuted ‘House of Cards” as a blockbuster original series
• How would subscribers react? Would it start a new chapter in content creation and distribution?
• Our customer found out way before everyone else
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Observation & Hypothesis
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• Observation - House of Cards, and original content may be a big deal and no
one knows the impact yet - An analysis of House of Cards viewer opinions could provide
very interesting, publishable research content
• Hypothesis - People are consuming House of cards differently (binge
watching) - Viewers appreciate this content and it will impact how they
value their Netflix subscription
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Drafting our blog post/memo/research report
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Netflix launched ‘House of Cards’. Netflix will provide metrics on viewership in several months. In anticipation, we talked to [XXX] Netflix subscribers last week to predict ‘House of Cards’ viewership and how important original content will be to Netflix subscribers. We found that [XXX] of Netflix customers surveyed had watched ‘House of Cards’. Of those who had watched the show, viewers reported watching [XXX] episodes on average. How will this impact Netflix? [XXX] of the ‘House of Cards” viewers indicated that original programming was [XXX] important as a subscription retention driver for Netflix.
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The questions
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1 2 3
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Collecting respondents
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Hi, we can help with that…
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SurveyMonkey Audience
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• Millions of people ready to share their opinions
• Recruited from SurveyMonkey • Rewarded with charitable
donations • Trustworthy opinions • Dozens of targeting options • Global respondents
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Example Audience project summary
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1
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2
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3
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Let’s revisit our draft…
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Filling in the blanks
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Netflix launched ‘House of Cards’. Netflix will provide metrics on viewership in several months. In anticipation, we talked to over 150 Netflix subscribers last week to predict ‘House of Cards’ viewership and how important original content will be to Netflix subscribers.
We found that 20% of Netflix customers surveyed had watched ‘House of Cards’. Of those who had watched the show, viewers reported watching nine episodes on average.
How will this impact Netflix? 26% of the ‘House of Cards” viewers indicated that original programming was extremely or very important as a subscription retention driver for Netflix.
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Making better decisions
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• Does this replace the need for a research department? Or your research agency? - No, but this process empowers everyone
• Test out concepts, campaigns, and use data to make more decisions be great decisions
• At today’s speed of business, you can’t afford not to incorporate data into your decision making
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Top use cases for marketers
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• Message testing • Creative testing • Product research • Brand research • Segmentation studies • Persona development • Competitive research • Content generation
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Give it a try
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• Pay only for the survey respondents • We do the rest
- We’ll help you create an amazing survey for free ($999 value)
Email: Visit:
[email protected] audience.surveymonkey.com
*Conditions: Offer expires on December 31, 2013. Offer available to customers who reference the AMA Iowa presentation. Limit of 1 discount per customer. Survey respondent purchase minimum of $1,500 to qualify for the discount. You must apply for the offer by emailing [email protected] and mentioning this offer.
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Thank you!