Unlock The Benefits of Omnichannel Market Research Tools

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Unlock The Benefits of Omnichannel Market Research Tools benefits of surveys
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Engaging with customers and soliciting feedback from them has become paramount for companies across every industry trying to gain their competitive edge. However, since the dovetail of offline experience with multiple online experiences, the traditional approach to market research is no longer sufficient. This is where the concept of the omnichannel survey approach takes precedence over the single-channel and multi-channel approaches. 

Omnichannel market research integrates various channels to reach, engage, and gather customer feedback. It allows you to capture feedback across every touchpoint and create a more holistic understanding of customer experience at every customer journey stage. 

In this blog, we’ll explore the benefits of omnichannel market research tools for businesses and customers alike. 

Why omnichannel feedback collection is important to market research?

Unlock The Benefits of Omnichannel Market Research Tools benefits of surveys

Many brands use one or two channels to understand their customer experience and optimize their interactions. This, however, limits your knowledge of the customer journey and leads to oversight and misinformation in customer experience. 

A single-channel approach carries the risk of missing opportunities and losing customers. At the same time, the multi-channel approach is channel-focused, which leads to siloed insights and a partial understanding of customers. 

The benefit of omnichannel market research tools, on the other hand, is that its customer-centric. 

  • It puts customers at the center of every interaction. 
  • It helps increase value in uncoordinated channels in customers’ survey experience. 
  • Each channel operates as a part of the whole, not as an individual or siloed effort. 
  • It enables you to accommodate different customer preferences and behavior by recognizing the diversity of your target audience. 

Omnichannel feedback collection tools empower you to unify data across multiple channels and gain a comprehensive view of customer satisfaction, preference, pain point, and behavior. Moreover, it enables you to collect customer feedback across every touchpoint your customers are present so you to optimize the customer experience. It allows you to ensure that feedback collection is a part of their experience with the brand instead of a stand-alone event. 

The benefit of an omnichannel market research tool is that it allows you to keep pace and adapt to changing market dynamics. It empowers you to make informed decisions and deliver your target audience an improved and personalized experience. 

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Benefits of omnichannel market research tools for businesses

Unlock The Benefits of Omnichannel Market Research Tools benefits of surveys

The interaction between customer and brand is no longer a straight line. It jumps from one channel to another. For example, a customer may buy a product in the store but wish to leave their feedback online. 

 

The primary focus of omnichannel market research is to engage the audience efficiently, irrespective of the device, and offer a consistent experience. Following are the benefits of an omnichannel approach to market research.

  1. Enhances data collection
  2. Increases customer satisfaction
  3. Uncovers deeper insights
  4. Improves brand recognition
  5. Saves money 
  6. Ensures faster customer-issue resolution rate
  7. Reduces customer churn

 

Let’s dive in. 

1. Enhances data collection:

The value that the omnichannel feedback collection tool brings in is that it offers multiple channels for customer engagement. This means you have multiple opportunities to gather feedback. 

 

By utilizing channels such as in-person, phone, online surveys, social media surveys, etc., you can collect extensive data on any number of market research objectives. You can leverage the channels for small or large surveys and gather comprehensive data that leads to a deeper understanding of the audience. 

2. Increases customer satisfaction: 

Offering multiple channels allows your target audience the flexibility to choose their preference channel to participate in the survey. The versatility improves the survey experience and increases customers’ satisfaction with the brand in general. 

 

It shows that the survey is a part of the brand experience, and you are concerned about the participants’ convenience and comfort. 

3. Uncovers deeper insights:

The benefit of omnichannel market research tools is that it enables you to reach not only an audience in their preferred channel but also across multiple touchpoints at the right time. Soliciting feedback during a customer service call or post-purchase SMS survey, unifying data across all channels, provides a holistic view of customer interactions. 

 

This enables you to uncover insights and identify factors influencing customer decisions, preferences, and satisfaction. The actionable insights help you make targeted marketing initiatives and strategies to improve customer experience. 

4. Improves brand recognition:

An omnichannel approach ensures that your customers receive a consistent survey experience across all the channels. This means that be it offline surveys or email surveys, your customers will receive branded surveys. The tool also feeds in the data from all the channels, this means you can leverage previous survey data to create a new survey tailored to customer experience. 

 

A well-designed omnichannel survey experience leads to customer satisfaction and stronger brand recognition. When your research reflects your brand and the experience the customer shares with your brand, it can significantly influence brand loyalty.

Read how Voxco helped Modus Research increase research efficiency with Voxco Online, CATI, IVR, and panel system.

5. Saves money: 

The benefit of omnichannel market research tools is that it saves organizations money and resources by overcoming the obstacles of less joined and poorly connected channels. 

By integrating and using the combination of multiple data collection channels, you can reduce the cost of traditional surveys and also optimize the organization’s efforts and resources effectively. 

6. Ensures faster customer-issue resolution rate:

With an omnichannel approach, organizations can offer resolution across multiple channels effectively and efficiently. The omnichannel software gives every customer service agent a comprehensive view of every customer. 

This ensures that the caller doesn’t have to keep on repeating their concerns to every agent they are transferred to. Moreover, the omnichannel approach allows customers to reach out to the customer service department and receive a resolution using their preferred channel. 

It empowers agents to align their services with customers’ needs and preferences and meet the expectation at the right time. 

7. Reduces customer churn:

The benefit of omnichannel market research software is its ability to engage the audience in real-time, integrating all gathered data and creating unique customer profiles. With all the required customer behavior, preference, and satisfaction data, you can tailor their experience and fulfill their expectations across their preferred channels. This ensures an increase in customer retention and loyalty. 

Key elements of omnichannel market research surveys

Unlock The Benefits of Omnichannel Market Research Tools benefits of surveys

When it comes to determining why you should use omnichannel surveys, its best to understand the benefits of an omnichannel approach to market research. 

1. The focus is to improve customer experience:

The omnichannel approach prioritizes creating a consistent and complete customer experience. This focuses on ensuring customers receive a consistent experience across all channels and can seamlessly jump from one channel to another without losing their data. 

An omnichannel software makes it possible by unifying all the gathered data in one place. This ensures you can engage with customers with full knowledge of their recent and past experiences. 

2. It is more concerned with customers: 

Customers are the center of an omnichannel approach. With a customer-centric strategy, it aims to deliver a seamless experience as customers move across multiple channels without any friction. 

3. It aims to deliver quality service through multiple channels:

Instead of offering many channels, the omnichannel approach focuses on delivering quality service. This means that the quality of service will remain consistent irrespective of the channel chosen by the customer. 

 

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Benefits of omnichannel market research for customers

A customer doesn’t have the time to care for your unconnected channels. They don’t want to repeat their query across different channels. For them, it is a part of their overall experience with the brand, irrespective of whether the brand considers it a separate experience. 

73% of consumers, according to Gladly’s Customer Expectations findings, get frustrated having to repeat/explain their issues. 

So, here are four benefits of omnichannel market research from a customer standpoint. 

  1. Higher customer satisfaction
  2. Saves customers’ time
  3. Customer enjoys the personalized experience

Let’s dive in. 

1. Higher customer satisfaction:

For your customer, every interaction with your brand is part of a whole-singular experience. It doesn’t exist in a silo for them. The benefit of the omnichannel approach is that it provides a consistent survey experience in both the online and offline world. 

The omnichannel strategy allows customers to share their feedback via their preferred channel. This ensures that the brand is available and is listening to the customer across all touchpoints, ultimately increasing customer satisfaction. 

2. Saves customers’ time:

Accessibility, flexibility, and connected experience across multiple channels offer convenience to your customers and thus save their time. The omnichannel market research tool allows customers to choose their preferred channel to participate in the survey at their convenience. It also ensures that they don’t have to repeat their feedback over and over again on a particular topic. 

3. Customer enjoys the personalized experience:

A well-integrated omnichannel survey software ensures that the data collected across all channels are stored centrally so that it gives you a comprehensive view of each individual. By centralizing the data, you can tailor the customer experience to suit their needs and expectations. 

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Role of Voxco’s omnichannel approach to market research

The primary focus and benefit of the omnichannel approach to market research is that it enables you to listen to and understand your customers’ needs. At Voxco, you can capture customer feedback across all touchpoints and interactions and across multiple channels. 

Voxco offers three modes to solicit customer data – Online, Offline, and Telephony

Utilize these direct channels to seek customer feedback at the right time and generate insights about their evolving needs. 

→   Learn about Voxco Online

→   Learn about Voxco CATI.
→   Leanr about Voxco Mobile Offline. 

Here are some key aspects of Voxco’s omnichannel approach to market research. 

  1. By leveraging versatile data collection modes, you can enhance your reach and maximize response rates. 
  2. Voxco’s omnichannel market research tool facilitates data integrations across different channels into a unified database. It allows you access to a holistic view of research findings. 
  3. The flexibility to gather data from various channels enhances data quality. Voxco survey software enables you to implement data validation techniques to ensure data accuracy and reliability. 

The benefits of Voxco’s omnichannel approach to market research empower you to gather unique, accurate, and representative insights. By embracing an integrated solution, you can unlock a deeper understanding of your customers, market, and industry, enabling you to gain an advantage in the competition and make informed decisions. 

Voxco helps the top 50 MR firms & 500+ global brands gather omnichannel feedback, measure sentiment, uncover insights, and act on them.

See how Voxco can enhance your research efficiency.

Conclusion

Whether you want to deliver excellent customer experience or drive business growth, it all comes down to holistic data. Omnichannel market research tool helps you unlock valuable insights you may otherwise fail to notice when analyzing data from a single channel. 

The integration of the data from multiple channels allows you to gain a comprehensive and complete view of the target audience. The omnichannel approach helps you tailor your services and personalized market effort to foster meaningful customer relationships. 

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