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The Latest in Market Research
ResTech: The Booming Research Method
Digital advancement is changing how researchers and businesses leverage data to keep-up operational efficiency.
Before the impact of COVID, businesses were adopting a digital research approach at a steady pace.
However, with COVID, digital adoption has accelerated. The pandemic protocols have created a shift in customers’ priorities and needs. It has become more challenging to target them with accurate business strategies.
The dynamic shift in the market landscape has changed the business.
Many organizations have realized the need for online research to catch up with the inconsistent change in customer sentiment. Marketers understand the need for agility, but they don’t know how to shift effectively.
Although it is not something new, ResTech, is the new path for research.
What is ResTech?
ResTech, a term used for Research Technology, is a research arsenal. It describes the software, tools, and technologies used to analyze data and draw insights.
Previously, the technology used for the research market was a programmatic connection between systems. But ResTech includes all technologies and tools that have led to an innovated research industry.
Be it SaaS or on-premise hosting, the technology provides you the option to have complete control over your research. It includes AI (conversation and visualization) and text analysis, which automates – fully or partially – the entire process.
ResTech is the innovation that automates every small or big previously manual task. It saves company resources and time.
Some examples of emerging ResTech solutions are:
Evolved Group: The platform introduces advanced chat and text Analytics in its conversational AI. They intend to replace traditional surveys with engaging and realistic conversations.
Pureprofile: The platform empowers brands with its Audience Intelligence SaaS platform. The technology leverages real transaction data, which can help a brand learn about a customer’s purchase habits.
Characteristics of ResTech:
- ResTech is the insight industry that empowers various platforms to research a higher volume but at a lower rate. Without compromising the validity of insight.
- You gather data that is relevant for the “NOW.”
- ResTech provides an agile solution for researchers. It empowers them to pull out specific data to understand customers better. Using the tools, they can draw out the insights with precision to identify the shifts in customer sentiments. It helps them to create a more targeted strategy to entice their audience.
- The innovation helps bring market researchers closer to knowing and understanding their customers. The feature of a live dashboard empowers a researcher with data updated and analyzed in real-time.
- ResTech takes care of unnecessary manual handling of data. It automates the data collecting, cleaning, and analyzing processes. Thus, it reduces redundant workload.
ResTech causing transformation in Market Research
We have seen the market research industry moving from knocking on the door carrying a questionnaire, calling every telephone number to online surveys found in the middle of your game. With the introduction of technology in these eras, researchers have realized how it has progressively become easier to match the demand – data and customers.
While previously, only large-scale businesses could afford to gather data in large volume using an online survey platform. Now ResTech has made data more accessible and affordable for small businesses.
The demand for data is increasing to make data-driven decisions. The assets ResTech proudly stands on are its speed, transparency, and data quality. The new technology allows researchers to execute surveys on any scale without needing any big research industry.
ResTech has disrupted the way traditional research takes place. The intertwining of research and technology is making it more seamless and efficient. It has caused a massive evolution in market research.
Why is ResTech Industry thriving?

Agile insights:
Businesses need real-time insights to plan out data-driven decisions. Traditional market research cannot help produce real-time insight.
ResTech delivers dynamic insights in real-time for businesses to adapt to the dynamic market environment.
The technology can deliver the insights directly to the companies in need. It is a research method founded on the capability of technology. It helps organizations to become more flexible to the changes.
Access to the digital audience:
COVID protocols have made it challenging to meet our friends and families. It has become even more challenging for businesses relying on traditional customer research. Focus groups and Face-to-Face interviews have started to decline.
ResTech provides the solution for this issue as well. Companies have shifted their focus on gathering qualitative and quantitative data digitally. ResTech, with its advanced software, is empowering such businesses by giving them access to an online audience (or panel members).
Access to an online audience provides a cost-effective alternative to the business. As a result, you can survey the audience that meets your target audience. With a vast pool of pre-qualified audiences, You can get insights without having to think about “social distance” in this new normal.
ResTech in Qualitative Research

Qualitative researchers have always considered technology as a barrier to gathering in-depth insights. Many believe that technology cannot understand human insight or tell the story after translating data points.
However, the introduction of ResTech is making it less challenging. Gathering qualitative feedback from customers and analyzing it for insight-driven business has become more coherent and economical.
Comprehensive:
ResTech provides tools like text analytics that allow you to evaluate and interpret qualitative feedback comprehensively in a few seconds.
Instead of an analyst going through each feedback, you can take advantage of ResTech to derive recurring patterns and themes in the qualitative feedback.
Moreover, you can prep the data better before analysis to better understand the qualitative data with tools like data cleaning.
Efficient:
Survey takers don’t think about the difficulty you have to go through when analyzing their feedback. They provide you with their thought without restrictions. However, qualitative analysis can get challenging.
Moreover, if you go about it traditionally, i.e., without technology, it will take forever for you to reach a conclusion. By that time, customers would have changed their minds.
ResTech makes qualitative analysis more efficient. By delivering you insight as soon as the data comes, you stay updated with your customer’s sentiment. It allows you to prepare your future actions while deep diving into customer feedback.
Less biased:
Humans are more biased. Often without intention, qualitative researchers get influenced by the feedbacks they see early in the analysis. It is easier for the research to be impacted by this and skew the analysis.
Technology cannot be biased. There are lesser odds of skewing the research due to biased analysis. Moreover, ResTech helps identify interesting patterns and trends that you may not figure out.
ResTech enables ethically sourced data

Global privacy law like Europe’s GDPR, California’s CCPA has posed challenges for companies to collect customer data via online sources.
For a long time, companies have relied on web cookies to keep track of web users’ activities to compose targeted marketing agendas. However, web browsers are now restricting the use of cookies for the protection of customer privacy.
Although, data collection done by companies is not a danger to the customers. Web users need a certain amount of control over who and how companies can access personal data.
ResTech provides solutions to meet the privacy practices and successfully gather required data for companies who need it. Modern research technology ensures transparency in the acquisition of data.
ResTech gathers ethically sourced data. It relies on collecting only content-based consumer data. The platform helps companies reach out to the consumers who have consented to participate in surveys or research.
That being the case, instead of relying on cookies or risking any breach of the privacy policy, companies can use ResTech to seek insights by directly asking the audience.
To Conclude
Billions of dollars are spent globally on research. Very few successfully generate value. And, few can keep up with the demand of customers.
ResTech is evolving the way research is done in this growing industry.
From gathering HIGH-QUALITY DATA – to ANALYZING – to DECISION MAKING – ResTech can automate anything and everything to help you stand out in the competition.
FAQ
What is ResTech?
ResTech is used to define Research Technology. It describes the software, tools, and technologies used to analyze data and draw insights.
What are the advantages of ResTech?
- ResTech is the insight industry that empowers various platforms to conduct research, ensuring the data’s authenticity.
- ResTech provides dynamic insights in real-time for businesses to adapt to the dynamic market environment.
- It offers a vast pool of pre-qualified online audiences to help businesses conduct online surveys and gather data from respondents who resemble the target market.
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Market Research 101
How to make automated phone surveys?
Automated phone surveys help organizations enhance the customer experience and promote development. They are an important part of continuous improvement projects because they provide vital feedback that managers can use to benchmark business performance over time.
They are a low-cost, scalable method of gathering customer feedback with an above-average response rate. A good one will have a 50% -60% interaction rate.
Now, we will learn about what exactly automated telephone surveys are.
What is a Phone Survey?
Automated phone surveys help organizations enhance the customer experience and promote development. They are an important part of continuous improvement projects because they provide vital feedback that managers can use to benchmark business performance over time.
They are a low-cost, scalable method of gathering customer feedback with an above-average response rate. A good one will have a 50% -60% interaction rate.
Now, we will learn about what exactly automated telephone surveys are.
What are phone surveys used for?
Phone surveys are commonly used to collect information from a sample of people through telephone interviews. These surveys can be conducted by market research firms, political organizations, government agencies, or other entities that want to collect data on a particular topic or issue.
Overall, phone surveys can be an effective way to collect data from a representative sample of the population as long as they are conducted in a structured and unbiased manner.
What are the uses of automated phone surveys?
Phone surveys are commonly used to collect information from a sample of people through telephone interviews. These surveys can be conducted by market research firms, political organizations, government agencies, or other entities that want to collect data on a particular topic or issue.
Overall, phone surveys can be an effective way to collect data from a representative sample of the population as long as they are conducted in a structured and unbiased manner.
Examples of automated phone surveys
Here are some ways researchers use phone survey software across different industries.
1. Customer satisfaction:
Businesses use CATI surveys to collect feedback from their customers about their products and services. This information helps them to improve their offerings and identify areas for improvement.
2. Market research:
Companies use automated phone surveys to gather data on consumer preferences, attitudes, and behaviors. This information can be used to develop new products, improve marketing strategies, and stay ahead of the competition.
3. Political polling:
Political organizations use IVR surveys to gauge public opinion on candidates, issues, and policies. This information helps them to develop campaign strategies and understand voter sentiment.
4. Healthcare surveys:
Healthcare providers use phone survey software to gather patient feedback on their experiences with healthcare services. This information can be used to improve patient satisfaction and identify areas for improvement in the healthcare system.
5. Public opinion surveys:
Governments use IVR surveys to gather data on public opinion on a range of issues, including public services, policies, and current events. This information helps policymakers make informed decisions and understand the needs of their constituents.
7 Steps to run automated phone surveys
Now that we have explored what phone surveys are, let’s take a quick look into how you can create one using phone survey software.
Step 1: Design the survey
Determine the purpose of the survey, the target audience, and the questions you want to ask. The questions should be clear, concise, and easy to understand.
Step 2: Record the survey questions
Record the survey questions using a voice-over artist or a computer-generated voice. Make sure the questions are recorded clearly and at an appropriate volume.
Step 3: Choose a phone survey software
Choose a phone survey software that supports Interactive Voice Response (IVR) surveys and integrates with CATI and dialers, like Voxco.
Step 4: Upload the survey questions
Upload the recorded survey questions to the phone survey software. Set up the survey logic, including skip patterns and branching questions, to ensure that respondents are directed to the appropriate questions based on their responses.
Step 5: Test the survey
Test the survey to ensure that it is working properly. Make any necessary adjustments to the survey logic or questions.
Step 6: Launch the survey
Launch the survey by sending automated phone calls to the target audience. Respondents will be prompted to answer the survey questions by pressing buttons on their phones or speaking their answers.
Step 7: Analyze the results
Analyze the survey results using the phone survey software. Generate reports that summarize the survey responses and identify trends and patterns.
Overall, conducting an automated phone survey requires careful planning and attention to detail. By following these steps, you can design and implement an effective survey that gathers valuable data from your target audience.
What are the benefits of using automated phone surveys?

There are several benefits of using automated phone surveys. According to studies, automated surveys are more accurate than surveys performed by human operators. Among these benefits are the following:
1. Phone surveys are less costly –
When performed utilizing automated survey technologies. There is no need for a real hand or headsets, and once built, a survey is completed by a computerized phone system with no labor necessary.
2. You can run surveys more frequently –
Automated phone surveys are conducted by technology rather than humans, a bigger sample group can be polled all at once. The number of simultaneous surveys is simply limited by phone resources, not surveyors.
3. Consistent questions –
The survey uses a well-structured questionnaire, i.e., it maintains consistency throughout the campaign.
4. Removes surveyor bias –
Some surveys are unreliable because the surveyor asks biased or leading questions. Even whether the question is asked by a man or a woman might influence the bias of the response. Automatic surveys can display survey question alternatives in a random sequence, ensuring that each conceivable response is shown in an impartial order.
5. Respondents are more honest –
Studies have shown that when answering to a computer rather than a human, respondents are more inclined to answer questions honestly.
Conclusion
Automated phone surveys are quite beneficial in that you receive a call, clearly listen to all questions, and react appropriately without any extra disagreements or delays. Closed-end questions and answers are usually beneficial to analyze data for further actions and decision-making.
FAQs
- What are automated phone surveys?
Automated phone surveys are a type of survey conducted using an automated telephone system. The survey questions are pre-recorded, and respondents are prompted to answer by pressing buttons on their phones or speaking their answers.
You can administer it at any time of day or night, making it convenient for the surveyor and the respondent. They are also cost-effective, eliminating the need for a live interviewer to conduct the survey.
- How to conduct automated phone surveys?
Conducting an automated phone survey involves several steps, including designing the survey, recording the survey questions, and implementing the survey.
- Design the survey
- Record the survey questions
- Choose a phone survey software
- Upload the survey questions
- Test the survey
- Launch the survey
- Analyze the results
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Market Research 101
Survey Incentives: Do They Work, and What Should You Offer?
Getting people to complete your surveys can be challenging — even when your questions are thoughtful and well-designed. One of the most effective ways to boost participation is through survey incentives.
In this article, we’ll break down:
- What survey incentives are
- Why and when to use them
- Common types of incentives
- Pros and cons to watch out for
- Tips to implement them without compromising data quality
What are Survey Incentives?
A survey incentive is a reward offered to participants in exchange for completing a survey. The goal is to increase response rates by recognizing the value of a respondent’s time.
Incentives can be:
- Direct (e.g., gift cards, discount codes, sample products)
- Indirect (e.g., charitable donations made on the respondent’s behalf)
- Guaranteed (every respondent gets something)
- Conditional (only a few are selected, as in sweepstakes)
When chosen and delivered carefully, survey incentives can help you gather more responses from the right audience — while showing appreciation and building goodwill.
Do Survey Incentives Actually Work?
Yes — survey incentives significantly increase response rates.
Research shows that:
- Even small prepaid rewards (like a $5 rebate) can double survey completions.
- Incentives such as a $2 movie coupon have been shown to increase response rates by over 300%.
That said, incentives don’t just influence whether someone participates — they can also impact who participates, and how they respond. That’s why careful implementation matters.
When Should You Use Survey Incentives?
Not all surveys require incentives. For example:
- Quick feedback forms or NPS surveys often get high response rates without rewards.
- Engaged customer bases may already be motivated to share their thoughts.
Incentives are most helpful when:
- You're reaching out to less-engaged audiences
- Your survey is long or time-consuming
- You’re asking participants to travel or join a live session
- You’re targeting a niche group that’s difficult to recruit
How to Incentivize Survey Participation
1. Decide if an incentive is truly needed: If your current response rates are strong, avoid adding unnecessary incentives — especially for short or recurring surveys. Focus incentives on surveys that demand more time or effort.
2. Choose the right type of incentive: Consider your audience’s preferences, your budget, and the value of the feedback you’re seeking. (See next section for types.)
3. Be thoughtful about timing: Should the incentive be given after survey completion? Will it be prepaid to motivate participation upfront? Think through how the timing will influence motivation and cost.
4. Deliver it smoothly: Digital rewards (like e-gift cards or discounts) are easier to distribute and track. Make sure the delivery process is clear, timely, and professional — especially for in-person research.
5. Set the right value: Low-value rewards may not motivate people; overly generous ones may encourage dishonest responses. Find a balance that respects your audience’s time without compromising your budget.
8 Popular Types of Survey Incentives
Here are some of the most commonly used and effective types of survey rewards.
1. Cash or Monetary Incentives: Simple and effective — even small cash rewards can boost response rates. Options include gift cards, digital wallet transfers, or checks.
Best for: B2C panels, time-intensive surveys
2. Sweepstakes or Prize Draws: Instead of rewarding everyone, offer a chance to win a large prize. While more cost-efficient, these require legal disclaimers and may skew toward respondents who are motivated by contests.
Best for: Brand awareness campaigns or large-scale outreach
3. Product Samples or Free Trials: Offer branded merchandise, free samples, or temporary access to premium services. This is especially effective for product-based businesses or SaaS brands.
Best for: B2C and B2B product research
4. Charity Donations: Appeal to altruism by donating to a cause on the respondent’s behalf. This can build goodwill and attract participants who are motivated by purpose rather than personal gain.
Best for: Social research, nonprofit-related studies
5. Points-Based Rewards: Offer points for each completed survey, which can be redeemed for rewards later. Encourages repeat participation and long-term panel engagement.
Best for: Ongoing research communities
6. Digital Content or Resources: Give respondents access to premium content like e-books, reports, or webinars. Works well for professionals who value insights as much as incentives.
Best for: B2B audiences
7. Discount Codes or Coupons: Provide percentage-based discounts on your own offerings or partner products. These can incentivize participation and drive follow-up purchases.
Best for: Ecommerce, DTC brands
8. Partner Incentives: Collaborate with another business to offer rewards that promote both brands. This can expand your reach and reduce costs.
Best for: Joint studies, co-branded research initiatives
Advantages of Using Survey Incentives
- Boosts participation — especially for long or complex surveys
- Increases follow-up rates and engagement
- Builds goodwill by acknowledging the value of respondents’ time
Risks of Using Survey Incentives
- May attract low-quality or biased responses
- Can skew representation if rewards appeal to a specific group
- Adds cost and logistical complexity
- Overuse can reduce perceived value
To mitigate these issues, use control questions, validate your sample, and ensure your incentives don’t overpower the purpose of the research.
Final Thoughts
Survey incentives can play a powerful role in improving response rates — but only when used thoughtfully. The key is to align the incentive’s value with the effort required and the insights you’re hoping to collect.
Done right, they not only increase participation but also show respect for your respondents’ time and feedback — which is the foundation of any meaningful research.
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Market Research 101
3 Ways Healthcare Providers Are Using Survey Software to Improve Care
In the healthcare industry, collecting timely, accurate feedback is critical — whether you're improving patient care, assessing health risks, or building better services. Survey software empowers healthcare organizations to connect with patients, caregivers, and members across multiple channels, ensuring no voice goes unheard.
Here are three powerful ways healthcare organizations are using survey software today:
1. Healthcare Call Centers: Improving Patient and Member Outreach
For healthcare providers, patient engagement doesn’t stop at the clinic or hospital doors.
Ongoing outreach is essential to improve satisfaction, strengthen relationships, and drive better health outcomes.
Phone surveys remain one of the most effective ways to reach patients and members, especially when combined with the right technology.
Robust CATI (Computer-Assisted Telephone Interviewing) software, paired with integrated IVR systems and dialers, helps healthcare call centers boost productivity, allowing interviewers to make more calls, reach more respondents, and collect more data — faster.
Common healthcare call center surveys include:
- New member or patient welcome calls
- Health risk assessments (HRA)
- Discharge follow-up calls
- Appointment reminders
- Custom outreach campaigns
Many healthcare organizations trust Voxco to power their call centers, making it easier to manage high call volumes while delivering a seamless experience for both interviewers and patients.
2. Face-to-Face Evaluations for Senior and Patient Care
As populations age, supporting independence and quality of life becomes more important — and more challenging.
Healthcare researchers, home care agencies, and government programs often rely on face-to-face surveys to assess the needs of seniors and patients in their homes.
Using tablet-enabled survey software, healthcare professionals can conduct in-home evaluations even without internet access.
This offline survey capability ensures that data is collected securely and accurately, no matter the location.
Typical face-to-face evaluations include:
- Needs assessments for home care services
- Health evaluations for elderly or disabled individuals
- In-person caregiver interviews
By conducting Computer-Assisted Personal Interviews (CAPI), healthcare workers can create personalized care plans based on real data — while also gathering broader insights to enhance service delivery.
3. Patient Research Surveys: Understanding Experiences and Needs
Patient-centered research is critical to improving healthcare services and understanding how they are perceived.
Survey software enables researchers to gather honest, actionable feedback through a multichannel approach — combining phone, online, and offline surveys to reach diverse patient populations.
Healthcare researchers use survey platforms like Voxco to:
- Measure patient satisfaction
- Understand patient needs and sentiments
- Identify gaps in care delivery
- Support academic and clinical studies
Because healthcare research often involves sensitive data, many organizations choose on-premise hosting options for added security and control — a feature easily supported by Voxco’s flexible survey platform.
By bridging the gap between patients and providers, healthcare research surveys play a key role in building a more responsive, patient-first healthcare system.
Conclusion
In healthcare, every piece of feedback counts. Whether through phone outreach, in-person assessments, or patient research surveys, survey software helps healthcare organizations collect the insights they need to deliver better care, engage patients, and drive innovation.
Ready to streamline your healthcare surveys across phone, online, and face-to-face channels? Book a demo to see how Voxco can help.
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Text Analytics & AI
CX Inspector Named One of “11 Top Insight Platforms for 2024” by Quirk’s Magazine
One Click to Actionable Insights
Unlocking the true potential of open-end comments has never been easier. CX Inspector with Theme Extractor uncovers descriptive, actionable insights from open ends instantly, a significant leap forward in text analysis technology.
- Extracts descriptive themes with one click. Upload your data set and immediately charts and tables appear which highlight theme-based insights and visualize the results.
- Analyze any size data set in minutes. From several hundred to several thousand responses, CX Inspector can analyze the data set quickly.

- Dive deep into the data. Group key themes together, apply filters and sentiment, examine co-occurrences and generate trend reports and crosstabs with t-tests to understand both broad trends and granular details. Also, click through a theme to see the individual responses.
- Over 50 languages. CX Inspector analyzes responses in multiple languages and shows results in your choice of over 50 languages.
- X-Score measures customer satisfaction. X-Score, Ascribe’s proprietary measure, identifies the key drivers that will increase customer satisfaction and loyalty directly from open-end responses.
- Save and restore projects. Don’t let your work go to waste! Save your projects to restore for future use.
- Easily export data tables and charts. Seamlessly integrate results into reports and presentations.
Unleash the power of CX Inspector with Theme Extractor today and revolutionize how you uncover insights from open-ends to enable data-based decisions that drive customer satisfaction, loyalty and business success. Connect with us today at CX Inspector to learn more and request a free demo with your data set.
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Text Analytics & AI
Using AI for verbatim analysis
Do you benefit from using AI for verbatim analysis?
Most of the valuable insights come from qualitative or textual data. The feedback customers share in their own words fuels the eureka-moment to innovate your business strategy.However, the challenge is that text feedback is difficult to analyze. Most data analysis software is engineered to analyze numeric or quantitative data.So, how can you make sense of verbatim responses?Artificial Intelligence such as Sentiment Analytics can help you solve the problem.The feedback, reviews, or comments customers leave for your brand have some underlying emotions. Using AI for verbatim analysis, you can extract keywords that resonate with customer experience, identify emotions and cognitive responses across all touchpoints and thus create a Customer-Focused framework.
- After a positive experience, 85% of customers purchase more from a brand.
- A negative experience results in 70% of customers purchasing less.
- After a positive experience, shoppers are likely to spend 140% more with your brand.
Having insight into customers’ emotions towards your brand can be a game-changer and help you make better CX decisions to boost loyalty and drive revenue.
How does Sentiment Analytics work?

- Sentiment Analytics reads through customer feedback and detects emotions based on the language used. The AI uses NLP and machine learning algorithms to split customers’ emotions into positive, neutral, or negative.
- Combined with CSAT, NPS®, or CES surveys, AI can capture verbatims and emotions to obtain profound insights shaping your short-term and long-term strategies to retain customers.
- It can analyze a large volume of feedback in real-time to recognize which customer needs more attention and who is satisfied.
- You can utilize AI to predict whether customers are satisfied or have complaints.

Happy! Sad! Annoyed! Content!
Discover customer emotions around your brand.
Capture customers’ perception of Brand:
Brand reputation is critical in acquiring new customers - 95% of shoppers read customer reviews before buying.With sentiment analytics, you can capture how customers feel in real-time. Tracking positive and negative mentions of your brand, you can identify what is influencing their attitude towards your brand.Capturing customer sentiment in real-time is the key to improving brand reputation.Customers’ emotions are likely to dissipate over time, and they may move to other brands. Capture customer reviews and direct them to the relevant team so they can proactively resolve the issue.Brands that reply at least 25% of the time to customer reviews are likely to earn 35% more revenue.[Related read: Significance of sentiment analysis]
Increase ROI with innovative strategies:
You can gather intelligent insights by analyzing customer feedback to innovate marketing strategies that appeal to your target audience.Brands can design personalized campaigns by segmenting their customer base using NPS® & qualitative feedback. It can help you recognize whether the “satisfied” customers are delighted. Often the customers who give high scores for satisfaction are at the risk of deflecting. The insights you gather by analyzing customer feedback can alert you to the risk of loss in such scenarios.You can design personalized campaigns and services that deliver better value to the customers.Escorts Group fuels digital transformation & drives lead conversion with Voxco Intelligence.Read the full story.
Eliminate what harms CX:
The ultimate benefit of using AI for verbatim analysis is to prevent a crisis by prioritizing actions that deliver exceptional customer experience.You can analyze customer emotions to discover the factors causing dissatisfaction among customers. Sentiment analysis of survey responses can help you understand what is frustrating the customers or what delights them.Be it a certain marketing campaign or payment process; you can take decisive action and intervene at the right time.
Wrapping Up;
Every customer response or feedback is a goldmine to accelerate business growth. Brands can now leverage AI to monitor every aspect of customer experience in real-time and provide effective resolution promptly.Happy – Neutral – Sad, always stay in tune with your customers' feelings about your brand.
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Text Analytics & AI
Why is Sentiment Analysis Important?
Every comment, review, and post carries more than just words — it carries a feeling.
Sentiment analysis taps into this emotional layer, using natural language processing (NLP) and machine learning to detect and interpret what people are really feeling. Whether it’s measuring public opinion, monitoring brand health, or finding insights hidden in customer feedback, sentiment analysis has become an essential tool for organizations today.
What is Sentiment Analysis?
Sentiment analysis is a method of analyzing text to determine whether the emotional tone behind it is positive, negative, or neutral.
It’s commonly applied to:
- Customer reviews
- Social media posts
- Survey responses
- Support tickets
- News articles
- Forums and blogs
By automatically evaluating large volumes of open-ended feedback, sentiment analysis provides businesses with a scalable way to understand public perception.
Why Is Sentiment Analysis Important?
Here are a few key reasons why sentiment analysis matters:
1. Understand Customer Opinions at Scale
Manually reading through thousands of customer comments isn't realistic. Sentiment analysis automates this process, helping you efficiently analyze large datasets and uncover trends in customer opinions.
2. Improve Customer Experience
By identifying common pain points, frustrations, and areas of satisfaction, companies can proactively address issues and enhance the overall customer experience.
3. Strengthen Brand Reputation Management
Sentiment analysis enables real-time monitoring of brand mentions across channels. You can quickly spot negative sentiment and intervene early to protect your brand’s image.
4. Support Better Decision-Making
Understanding how customers truly feel helps guide strategic decisions — from product improvements to marketing campaigns — based on real-world data, not assumptions.
5. Enhance Market Research Insights
Traditional survey analysis often focuses on quantitative results. Sentiment analysis adds a qualitative layer, offering a deeper look into the emotions and motivations behind customer behavior.
How Sentiment Analysis Works
Typically, sentiment analysis uses natural language processing (NLP) algorithms to process text data. Here’s how it works at a basic level:
- Data Collection: Gathering text from sources like surveys, social media, or customer reviews.
- Text Preprocessing: Cleaning the data by removing noise (punctuation, stop words, etc.).
- Sentiment Detection: Classifying the text as positive, negative, or neutral.
- Analysis and Reporting: Aggregating the sentiment scores to generate insights and trends.
Modern sentiment analysis tools, like those using AI and machine learning, can also detect nuances such as sarcasm, context, and mixed emotions — providing even more accurate insights.
Applications of Sentiment Analysis
Sentiment analysis can be applied across a wide range of industries, including:
- Retail: Measure customer satisfaction and refine product offerings.
- Finance: Monitor market sentiment and predict trends.
- Healthcare: Analyze patient feedback for service improvements.
- Hospitality: Understand guest experiences and improve services.
- Politics: Gauge public opinion during campaigns.
Conclusion
In a world where opinions are shared instantly across digital platforms, sentiment analysis offers organizations a powerful way to tap into the emotions behind customer feedback.
By investing in sentiment analysis, companies can make smarter decisions, improve customer experiences, and stay ahead in an increasingly competitive landscape. Ready to dig deeper into customer sentiment? Book a demo to find out how Ascribe by Voxco can help.
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Market Research 101
What is month over month growth rate and how to use it
Month-over-Month (MoM) is the lowest unit of measurement used to objectively reflect the pace of growth in a firm. This statistic scales up to Quarter on Quarter and Year on Year growth tracking to give us an understanding of rates of increase across varying time intervals. It's most typically utilized by early-stage organizations, such as San Francisco startup entrepreneurs, for predictions.
The basic MoM formula is applicable to anything from users to customers to revenue. Having a hold on our growth statistics is a task that should be implemented across all departments in our company, not simply the product and finance teams.
It's worth noting that MoM data are rather detailed, and they should be utilized to ladder up to Quarterly and Annual growth metrics for a more high-level view.
IMPORTANCE OF MONTH OVER MONTH GROWTH RATE
- Illuminates the ROI achieved by our sales and marketing team.
- Calculates the entire value our organization receives from each client in relation to the cost invested to acquire that new customer.
- Assists us in finding the middle ground by keeping this ratio within a reasonable range, neither too high nor too low.
Start Creating Descriptive Surveys Now
WHAT METRICS COMPLIMENT MONTH OVER MONTH GROWTH RATE?
Tech firms, particularly those with recurring income, such as SaaS, have their own set of KPIs that supplement MoM numbers. For good reason, the following are generally the ones who receive the most attention:
- ARR and MRR (Monthly and Annually Recurring Revenue)
How much money will we generate from our present customer base in the coming year? This might be computed monthly, quarterly, or annually.
- Churn
How many clients are canceling their subscriptions?
- LTV (LifeTime Value)
How much money will a single client produce before canceling their subscription?
- CAC is an abbreviation for the acronym (Customer Acquisition Cost)
How much does it cost to bring on a single new customer?
- TROI (Time to Return on Investment)
How long will it take for us to see a return on our marketing investment?
Outside of the SaaS model, some overlapping metrics rely on or supplement MoM growth calculations for any type of company seeking venture capital or angel investment.
These are some examples:
- MRR (Monthly / Annually Recurring Revenue) laddering up to ARR (Annually Recurring Revenue)
- churn (Rate of Customer Loss)
- CAC (Customer Acquisition Cost) month-over-month increase may also be used to assess team expansion and staffing, for example, by businesses attempting to determine whether their staffing matches their ticket or customer growth. Companies frequently use staff augmentation or other scaled recruiting strategies in response to abrupt changes in the month-over-month growth rate.
Again, following these indicators will help us to iterate on our exponential business solutions and correct issue areas that are impacting growth and make more reliable projections even if your company is not reliant on or seeking outside money.
HOW TO CALCULATE MONTH OVER MONTH GROWTH RATE?
Fortunately, there are plug-and-play formulas for MoM computations, so we don't have to continually call our management accountant for assistance.
The formula version for obtaining a percentage output for month-specific data is as follows:
(Month 2 - Month 1) / Month 1 * 100 = % growth (or decrease).
If we choose a more simplistic approach, we may do it like this:
x = (y - z) / (y - z) * 100
All we need to do is enter our monthly data into the appropriate variable in the calculation, and we're done.
HOW TO CALCULATE MONTH OVER MONTH GROWTH RATES FOR MULTIPLE MONTHS?
When working with numerous months of data, we'll need to "flatten" it to get an overall Month-over-Month growth rate.
CMGR, or compounded monthly growth rate, is the most commonly used statistic in this context. Basically, we'll need to compare our starting and finishing month data and figure out what percentage monthly rise would cause the starting figure to expand to the ending figure.
It's worth noting that this can be deceptive because we're disregarding fluctuation in monthly growth rates and "flattening" it to a single compounded figure each month.
This is beneficial if we are seeing compounding growth (like a retirement account, which increases faster when we have more money).
It's useless if we're just witnessing linear progress (like our income, which stays the same amount each month regardless of how much we have stocked up). If our growth curve is linear, this is a misleading figure and should not be used for projecting future growth.
COMPOUND MONTHLY GROWTH RATE FORMULA
CMGR reflects our growth rate over a certain time period, assuming that growth occurs at a steady pace every month throughout that time period. Assume that your active users increased in the following manner:

To determine your CMGR, enter the following numbers into the following formula:
For example, here:
Even though it changes from month to month, CMGR averages 20% for the whole time. For example, the MoM growth rate from January to February is just 10%, but it increases to 36% from February to March. With CMGR, we assume that from January to June, we will increase at a steady monthly pace. In our case, this entails the following:
Let's go on to the next phase. We calculated the CMGR for a historical time period above. Assume we want to build a five-year business plan and forecast how our company will appear in five years. We'll have 500,000 active users by December 2022.
TRACKING SHORT TERM GROWTH CAN SET UP FOR LONG TERM SUCCESS
When used to properly estimate present performance as well as measure and forecast success, month-over-month growth is the gift that keeps on giving. It conveys the sense that we know what we're doing and are devoted to our company's long-term success.
- Earn the trust of investors
Most likely, this isn't our investors' first rodeo. Investors and startups often have long-term relationships, so be honest and accountable, especially in your pitch deck. This is true for growth data: If we misrepresent your MoM, even if it is unintentional, it might ruin our image in the eyes of some of our most essential stakeholders.
Regardless of the nature of our growth statistics, how we show it is a chance to gain the respect of investors. Even if our growth data isn't rocketing at a 35 percent MoM pace, we may amaze investors by delving into why that is and giving practical insights to remedy the issue.
- Keep our long-term goals in mind
Month-over-month growth gives only a snapshot of what's going on with growth by comparing what happened this month to last. However, it does not reveal the entire tale. Remember to zoom out every now and then to connect monthly patterns to our company's KPIs and long-term strategy. This can assist us in being goal-oriented by determining whether we're on track to reach broader goals such as YoY benchmarks, as well as quarterly or yearly KPIs.
- Don't presume success straight away
While flat or declining growth rates may appear discouraging, keep in mind that there is value in all of our data—even if it isn't the data we want to see. Even for unicorns, exponential growth does not occur overnight, and particularly not on its own. To seek success aggressively, adopt the principle of being brutally honest with ourself, and pay attention to what our development rates are telling us. That will almost certainly assist us in identifying fresh areas to improve.
- Quality output starts with quality input
“Create a better forecast by focusing on inputs, not outputs.”
—Andrew Chen, General Partner at Andreessen Horowitz
The quality of our output is only as excellent as the quality of our intake. Rather of concentrating all of our efforts on the figures we want to see at the end, make a commitment to getting the initial procedures correct.
When we're continually sorting through low-quality data, it becomes far more difficult to effectively evaluate critical indicators like MoM. Before we delve too far into the weeds of doing any analysis, we'll need to first build a solid data system—our minimal viable instrumentation (MVI). This will assist us in determining the exact data procedures we should employ in order to achieve our business and analytics objectives.
Begin by defining two terms:
- Important phrases like "daily active users"
- Our precise business objectives
COMMON MISTAKES MADE WITH MONTH OVER MONTH GROWTH RATE
- Absolute tiny numbers represented by growth
It is quite simple to demonstrate impressive growth stats with tiny numbers. Any change will be significantly more dramatic if it is based on a tiny absolute foundation.
It may be tempting to leverage MoM growth in the early stages of our firm, but try to avoid doing so. It is preferable to be realistic and provide absolute numbers. Instead of displaying a 20% increase on 100 users, show this as 20 new users in a month.
Once our company reaches a certain size, it will be difficult to sustain those first artificially high growth rates, and who wants to indicate that their growth rates are steadily decreasing?
If we have received or are attempting to get investment from venture capital or angel investors, it is a better strategy to only introduce growth figures once we have scaled past a certain size.
Until then stick to absolute figures so that we don't set ourself up for a downward growth graph and some unnecessary explaining.
- Inconsistent growth rates
So, we know that compound growth rates flatten our monthly increase over a certain time period into a fixed percentage. If our monthly growth rates fluctuate a lot, we might want to express our compound growth rate as a range to be more accurate when reporting to investors or our board.
- Using compound growth rates to describe declining linear growth rates
The compound growth rate for the months in the table below is 12%. That is a deceptive statement because the growth rate is lowering on a monthly basis. It decreased from 20% to 17%, then to 14% and finally to 12%. Don't make the mistake of inflating your growth stats, even if it's unintentional. It constantly makes an appearance in the end.

Adding 1,000 per month is a linear growth, meaning that the percentage increase Month over Month is decreasing in each period.
If we notice that our growth is decreasing in a linear fashion rather than exponentially, use this information to investigate why this is happening and to devise a better growth model.
- Vanity Metrics
Don't bother with vanity metrics that aren't important to our investors, accounting staff, or board of directors. Depending on our company strategy, we will have many key performance indicators (KPIs) that are directly tied to revenue and growth. Maintain our focus on the measures that are important.
Growth numbers for measures like traffic or bounce rates may be relevant at the top of the funnel or at the campaign level, but they have no direct influence on our business's performance. The following are some metric blunders to avoid:
- To demonstrate a larger number, we are focusing on page views rather than active users
- Reporting on newsletter subscribers rather than subscribers
- Showing growth of total users instead of active users
- CMGR is used to calculate the month-over-month growth rate
Unfortunately, this one does not work backwards. So, we know that we can include MoM data into our CMGR formula, which shows the growth that has occurred over a specific time period and flattens the oscillations between months.
However, if we try to go backward to deduce the growth difference of a certain month or months based on our CMGR, chances are we'll get a huge discrepancy between what we get and what the original individual MoM was.See why 450+ clients trust Voxco!
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The Latest in Market Research
Customer first approach
What is the customer first strategy?
When we look at the word “customer first”, we instantly think about an organization where everyone focuses on serving the customer in a better way and keeping customer experience at the center of everything. Although it sounds cool and considerate in theory, when it comes to actually implementing the customer first approach, you’ll realize it is much more than that.Customer first strategy is adopted by the customer-centric organizations to make their business decisions with not products as their center but the customers. Meaning, these organizations will develop their products and services with respect to customer interests, aiming to satisfy their needs and wants.Generally, with customer-centric organizations, customer first is basically their business purpose. These organizations build their business products and services with a purpose to serve the customer with their demands. Hence, the customer first approach is nothing but a business purpose for them that they work for every minute. The way customers use their products, give their reviews and their relationships with the organization is what drives the customer first approach in an organization.
Customer first approach for business success
Customer first organizations have one goal and that is to deliver the best customer experience, be it with the products/services or customer service and support. So, it is safe to say that the biggest benefit customer first approach will have on your business is it will make your customers build loyal relationships with your brand. Apart from loyalty, customer first strategy also turns these loyal customers to your business promoters. Customers will feel free to refer your brand to their friends and family which is called “word-of-mouth” promotion.

Example of customer first approach is a Japanese retailer Uniqlo, who have reported their increased revenue profit in 2021. Uniqlo’s CEO Tadashi Yanai gives half the credit to customer first mindset saying, “Meet customer needs, and create new customers.”Apart from this, the customer first approach changes the way customers look at your brand. Good customer experience helps an organization gain loyal customers who decide to stay with the brand regardless of the factors in products that might need them to go out of their way. Furthermore, customers also help the organization in return by referring the products and services to their circle. This gives an organization an upper hand in the market when it has a strong loyal customer base.
Tips to become a successful customer first organization
- Customer perspective
The best way to ace the customer first approach is to understand what they think of you as a brand. Example, a famous sports brand Nike identifies itself as a brand that motivates the athletes to do better with their sports accessories. Hence, they can focus more on the customer perspective of them and help them understand the product purpose.
- Know your customers
Knowing your customer is not limited to knowing what they buy. It goes beyond that and focuses also on what their buying behavior is, their purchase history, their issues, goals and emotions too. To be able to develop valuable products and services that serve the customer needs in the right way needs co-creating. Both the brand and customer have to play an equal role in developing the best product.
- Proactive customer experiences
Customer experience is adversely affected by the quality of customer service you provide to your customers. Delivering a proactive customer experience to your customers will help you gain a competitive advantage in the market as customers tend to stick to a brand for a longer period. Whereas, customers tend to leave the company just after one bad experience.
- Customer first as organization goal
It is easy to say that you are a customer first organization, but it is easier said than done. For your organization to be customer centric, you need to regulate the customer first approach in all the functional teams across the organization. The employees who directly interact with the customers, and even the ones who don’t, need to adhere to the customer first approach. Organizations make customer first approach as their business goal.
Improve Customer Loyalty with Voxco
We have developed a guide which gives you an all around view of customer loyaltyDownload NowNet Promoter®, NPS®, NPS Prism®, and the NPS-related emoticons are registered trademarks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld. Net Promoter Score℠ and Net Promoter System℠ are service marks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld.
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Text Analytics & AI
Survey Coding 101: What It Is, When to Use It, and How It Works
Survey coding is an invaluable tool for researchers aiming to analyze the open-ended responses in surveys. This method involves categorizing and labeling textual data from responses to questions that allow participants to express themselves freely, beyond the constraints of predefined choices.
In this post, we'll explore what survey coding is, why it's essential, and how it can transform unstructured open-ended responses into actionable, quantitative data. We'll walk you through the process of creating a comprehensive codebook, discuss the best practices for ensuring consistency and accuracy, and highlight some of the common challenges you might encounter along the way.
What Is Survey Coding?
Survey coding of open-ended responses involves organizing and categorizing textual data gathered from survey questions to make it easier to analyze. Here's a detailed breakdown of the process:
- Collection of Responses: In surveys, alongside multiple-choice questions, there are often open-ended questions where respondents can provide their answers in their own words.
- Initial Review: The responses are first reviewed to understand the range of answers provided and the different ways respondents interpret the question.
- Development of Codebook: A codebook is created which defines categories or themes that the responses can be sorted into. This involves identifying common themes, patterns, or recurring phrases within the responses.
- Coding the Responses: Each response is read and assigned one or more codes based on its content. This coding process can be done manually by researchers or with the aid of text analysis software which can help to automate some parts of the process.
- Refinement of Codes: As coding progresses, some codes might be split, combined, or refined to better capture the nuances of the responses. This is an iterative process that may require going back to previously coded responses and reassigning them under the new scheme.
- Analysis: Once coding is completed, the coded data can be analyzed quantitatively (e.g., calculating the frequency of each code) or qualitatively (e.g., examining the context around certain codes to understand deeper meanings).
- Reporting: The results are then compiled into a report, providing insights such as common themes, unusual opinions, or general sentiment about the surveyed topics.
Survey coding is essential for effectively using open-ended responses, as it transforms qualitative text into quantifiable data, allowing for a more structured analysis that can complement the statistical findings from closed-ended questions.
Benefits Of Quality Survey Coding
Survey coding, especially of open-ended responses, offers several important benefits that enhance the value of survey data for research, decision-making, and strategy development. Here are some key advantages:
- Rich Insights: Open-ended responses can provide depth and context that closed-ended questions might miss. Coding these responses helps in extracting these nuanced insights systematically, allowing for a more comprehensive understanding of participants' opinions and experiences.
- Quantifiable Data from Qualitative Responses: By categorizing qualitative responses into predefined codes, researchers can quantify this data. This quantification makes it easier to perform statistical analysis, such as identifying trends or comparing subgroups within the data.
- Identification of Themes and Patterns: Coding helps in identifying common themes and patterns that may not be immediately apparent. This can be especially useful in exploratory research where the range of possible responses is not well known beforehand.
- Enhanced Data Management: Coded data are easier to manage, store, and retrieve. Researchers can quickly access and analyze large volumes of data without needing to sift through each individual response repeatedly.
- Improved Reliability and Consistency: A well-defined coding scheme ensures that data is processed consistently, reducing the variability introduced by different researchers’ interpretations. This enhances the reliability of the data, making the findings more robust.
- Facilitates Comparison and Tracking Over Time: Coded data can be compared across different groups or tracked over time more easily than raw textual data. This is particularly useful for longitudinal studies or when comparing responses across different demographics.
- Supports Mixed-Methods Research: Coding allows for the integration of qualitative data into predominantly quantitative studies, supporting mixed-methods approaches that can provide both breadth and depth in research findings.
- Feedback for Future Surveys: Insights derived from coded responses can inform the development of future surveys, such as by helping to refine questions, adjust response options, or identify new areas of interest that require exploration.
Overall, survey coding is a powerful tool that transforms text data into highly-precise structured, actionable information, providing a deeper understanding of the research subject and enhancing the impact of the findings.
When Do You Use Survey Coding?
Survey coding is used in several specific situations during research and data analysis, particularly when dealing with qualitative data from surveys. Here are some common scenarios where survey coding is especially useful:
- Analyzing Open-Ended Survey Responses: Whenever surveys include open-ended questions where respondents can write their answers freely, coding is used to organize these textual responses into quantifiable categories. This allows for systematic analysis alongside the quantitative data from closed-ended questions.
- Exploratory Research: In early stages of research, where the aim is to understand broad themes and sentiments about a topic, coding helps identify and categorize these themes from survey responses. This is useful for shaping further research or developing hypotheses.
- Market Research: Companies often use survey coding to analyze customer feedback on products, services, or experiences. Coding helps identify common complaints, suggestions, or praises, guiding business improvements and product development.
- Academic Studies: Researchers in fields like sociology, psychology, and health often use survey coding to analyze data collected through questionnaires. It helps them understand patterns, relationships, and influences among variables based on participants’ textual responses.
- Customer Satisfaction and Feedback Analysis: To gauge customer satisfaction and gather actionable feedback, businesses code responses from satisfaction surveys. This can inform customer service policies, product improvements, and overall business strategies.
- Policy and Public Opinion Research: In policy-making and public opinion surveys, coding is used to categorize responses to open-ended questions about laws, regulations, or political issues. This helps in understanding public sentiment and informing policy decisions.
- Longitudinal Studies: In studies that track changes over time, coding allows researchers to consistently categorize responses across different time points. This is crucial for accurately measuring how opinions, behaviors, or experiences change.
- Content Analysis: Coding is used in content analysis where the content of text data—such as responses to an open question about media usage or preferences—is categorized into defined codes to analyze trends and patterns.
- Qualitative Data Integration: In research, where both quantitative and qualitative data are collected, coding qualitative responses allows for integration with quantitative data, providing a richer, more comprehensive analysis.
In all these scenarios, survey coding is an effective solution for transforming unstructured comments into structured data that can be analyzed statistically.
Survey Coding Best Practices
Adhering to best practices in survey coding ensures that the data derived from open-ended responses is reliable, consistent, and useful for analysis. Here are some key best practices to follow when coding survey responses:
- Develop a Comprehensive Codebook: Start by creating a detailed codebook that clearly defines each code, including descriptions and examples. This serves as a guideline for coders to apply the codes consistently. It should also include rules on how to handle ambiguous or unclear responses.
- Train Coders Thoroughly: Ensure that all coders are thoroughly trained on the codebook and understand the objectives of the coding process. Regular training sessions can help maintain consistency, especially as the codebook might evolve over the course of a project.
- Ensure Inter-Coder Reliability: Use multiple coders for the same set of responses initially to check for inter-coder reliability, which is the level of agreement among different coders. This helps identify any ambiguities in the codebook and ensures that the coding is reliable and consistent.
- Use Pilot Testing: Before full-scale coding, conduct a pilot test with a sample of responses. This helps in refining the codebook by identifying new themes or issues that weren’t initially apparent. Adjust the codebook based on the findings.
- Iterative Process: Be prepared to revisit and revise the codes as you process the responses. As you dive deeper into the data, new themes might emerge or existing codes might need refinement.
- Maintain Coding Consistency: Regularly review the coding work to ensure consistency over time, especially for large projects or long-term studies. This might involve periodic retraining sessions or recalibrations of the coding rules.
- Automate When Appropriate: Consider using software tools for coding if the volume of data is large. Many tools offer features like text parsing, pattern recognition, and preliminary coding suggestions, which can increase efficiency. However, human oversight is crucial to handle nuances and context that the software might miss.
- Document All Processes: Keep detailed records of all coding decisions, changes to the codebook, and any issues encountered during the coding process. This documentation is vital for the credibility and replicability of the research.
- Analyze Coded Data Critically: When analyzing the coded data, be critical of the codes themselves and the potential for bias or error. Analysis should consider not just the frequency of codes but also their context and the interrelations between different themes.
- Ensure Ethical Standards: Respect the confidentiality and anonymity of survey respondents, especially when handling sensitive information. Ensure that all data handling and coding practices comply with ethical guidelines and legal requirements.
By following these best practices, you can maximize the accuracy and utility of the coding process, thereby enhancing the quality of data derived from open-ended survey responses.
Differences in Using Survey Coding vs Text Analysis To Analyze Open-End Survey Responses
Survey coding and text analytics are both methods used to process and analyze text data, but they have different focuses and methodologies. Understanding their distinctions can help in choosing the right approach for a given research need.
Survey Coding
Survey coding primarily deals with categorizing and tagging open-ended responses collected from surveys. It involves interpreting responses based on a predefined set of categories or themes that researchers develop to capture the essence of the text data.
Methodology:
- Manual or Semi-Automated: Coding can be done manually by researchers or semi-automatically using software that assists in categorizing responses.
- Developing a Codebook: Researchers create a codebook that defines each category or code. This includes descriptions of what type of response fits each category.
- Application: Codes are applied to each response to summarize and categorize the data, making it easier to analyze statistically.
Survey Coding Use Cases
It is commonly used in market research, social science research, customer feedback analysis, and anywhere qualitative data needs to be quantitatively analyzed.
Text Analytics
Text analytics involves a broader set of techniques designed to extract information and insights from text data. It uses algorithms and natural language processing (NLP) techniques to uncover patterns and insights within large volumes of text.
Methodology:
- Automated Tools: Text analytics is typically performed using software and algorithms that can process large datasets more efficiently.
- Techniques: This includes sentiment analysis, keyword extraction, topic modeling, and more. These techniques automatically identify and quantify various elements within the text without needing a predefined codebook.
- Natural Language Processing (NLP): Text analytics heavily relies on NLP to understand the grammar, structure, and even the sentiment of the text.
Text Analytics Use Cases
Text analytics is used in a wide array of applications like business intelligence, market analysis, customer service improvements, and sentiment analysis across various types of text sources like social media, customer reviews, and news articles.
Key Differences Between Survey Coding and Text Analytics
- Scope: Survey coding is more specific in scope, focusing on categorizing survey responses into predefined themes. Text analytics is broader, applying various computational techniques to extract insights from text responses.
- Automation: Survey coding can be manual or semi-automated, while text analytics is highly automated, leveraging complex algorithms and machine learning.
- Purpose: Coding is primarily about simplifying and structuring text for analysis, often in academic or formal research contexts. Text analytics is about discovering patterns and insights in text data, used across many industries for various business and research purposes.
In essence, while both methods aim to derive meaningful information from text, they do so in different ways and are suited to different types of analysis and data volumes.
FAQs
What is survey coding?
Survey coding is the process of categorizing and labeling open-ended responses collected from surveys. This process involves defining a set of codes, which are thematic or categorical labels, and applying them to the responses to organize the data into meaningful groups. This makes it easier to analyze qualitative data quantitatively.
Why is coding important in survey research?
Coding is essential in survey research because it transforms raw, open end comments into structured, analyzable form. This allows researchers to perform statistical analysis, identify trends, and draw significant conclusions from the data. Coding also ensures that data interpretation is systematic and consistent, improving the reliability of the research findings.
What are the differences between manual and automated coding?
Manual coding involves researchers applying codes to survey responses by hand, which can be time-consuming but allows for nuanced understanding. Automated coding uses software to apply predefined codes to text data. While faster and more consistent, it may not handle nuances as effectively as a human coder. The choice between manual and automated coding depends on the project's scale, complexity, and available resources.
Contact the Survey Coding Experts at Ascribe
Survey coding is an essential practice for transforming unstructured, open-ended responses into structured, actionable data. If you are seeking survey coding capabilities, Ascribe, with over 25 years of experience and having processed over 6 billion responses for the top global market research firms and corporations, offers cutting-edge open end analysis solutions. Ascribe Coder is the leading coding survey platform designed for high efficiency and precision, and CX Inspector is the premier text analytics solution equipped with advanced tools to decipher and illuminate the underlying sentiments and insights in textual data.
For a deeper dive into how Coder and CX Inspector can transform your data analysis process and significantly enhance your research outcomes, we invite you to schedule a demo and let us show you what we can do using your own dataset.
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