All About Panel Surveys: Using this Method for Market Research
All About Panel Surveys: Using this Method for Market Research
Panel surveys (not to be confused with survey panels) are used in survey research as part of longitudinal studies. The purpose of this kind of study is to reap continual observations on different variables on the same sample pool over a period of time.
The variables include consumer feelings, attitudes and opinions regarding a number of matters. As such, the surveys are conducted across the same sample pool, i.e., the survey panel.
This way, the opinions of the same panelists can be monitored, as opposed to bringing in new respondents (even if they are part of the same target market). Panel surveys are conducted in waves (sequences of surveys) to measure changes in consumer thoughts and behaviors.
There are many key aspects of panel surveys; this article will cover all of them to help you decide on whether your business needs to use the panel survey method.
How Panel Surveys are Conducted
First off, panel surveys are but one type of longitudinal studies, which also include retrospective studies and record linkages.
As their name indicates, panel surveys use surveying as the data collection method. This data is mainly collected through the aforementioned survey panels, a method in which a pre-recruited pool of respondents agreed to take part in your survey.
However, panel surveys can also be collected through other online survey methods, mainly DIY survey platforms. These allow you to target a specific set of respondents, but unlike survey panels, they are not conducted among the same exact group of individuals. (More on this below).
Since panel surveys are longitudinal, this sampling pool stays the same and is used for repeated studies and observations.
Panel surveys are part of panel research and can take the form of either qualitative or quantitative studies for measuring consumer behavior.
The Pros of Panel Surveys
It’s worth considering several of the advantages that panel surveys carry when considering this surveying method. You ought to then weigh them against the disadvantages to determine if this is the correct survey route for your market research needs.
- Easy Collection of the Sampling Pool: Whether you intend to use an online survey platform or a survey panel, panel surveys make it easy to use a qualified sampling pool. That is because there is no need to look for respondents on an individual basis; instead, you either opt for recruited participants, or the online survey platform you use prescreens respondents for qualification.
- Longitudinal Benefits: As it follows the longitudinal survey method, panel surveys allow you to truly access the psyche of your target market. This is because consumers and the general public can change their minds — some more regularly than others. By conducting this survey research, you can stay up to date with any and all changes in attitude, thoughts and behaviors your target market undergoes.
- Speed to Insights: Online survey tools allow you to quickly garner all the respondents that match your screening requirements and demographics selections. A survey panel entails that respondents have already opted into the survey. In any case, getting results will be quick.
- Optimized Design: Whether you use an online survey panel or organic random sampling via a survey platform, each allows you to create customized questionnaires. The degree of this will change from one survey platform to the next, but the convenience of optimizing your survey to your favor is still present.
- Affordability: Panel surveys are relatively affordable. With online survey panels, you should be wise about how you incentivize your panel — this can be done by paying the panelists small amounts per each survey they take, or a larger sum for a set amount of surveys. A decent online survey tool should include several payment plans, with at least one perfect for your budget.
The Cons of Panel Surveys
While an invaluable form of primary research, panel surveys are not without setbacks. Here are a few of the disadvantages these surveys harbor. Some may appear minor, while others are more considerable.
- Panel Fatigue: Predominantly found in survey panels, this occurrence refers to the reduction of interest among the panelist(s) when they take part in too many survey waves. This breeds full-fledged boredom and exhaustion, leading to a decline in the quality of data. In this case, panelists may take part in flat-lining or other inaccurate answer tactics. There are 5 types of survey respondents like these to look out for.
- Limited Internet Traffic: A problem principally found in online survey tools, as they are under the heel of the publisher sites and apps that deploy the surveys. There may not be enough qualifying respondents in one site or app, depending on who visits it during survey distribution.
- Survey Attrition: Piggybacking off of panel fatigue as the most severe case of it, survey attrition alludes to the dropping out of a panel. Panelists may experience a negative UX with the panel, thereby attriting at any wave of the study. These respondents are especially difficult to replace in survey panels, as they’ve already provided some crucial data, so there will be a void when it comes to conducting further surveys based on their responses. Some panelists do not drop out permanently, as they may return to the panel at some later time. With online surveys, this is relatively non-existent, as new responders are screened in each survey wave.
- Inclination towards Bias: Particular to survey panels, this occurs when panel respondents have taken too many surveys, thus becoming programmed to the way your surveys are set up. As such, they become less like genuine research subjects and more like trained survey-taking professionals. They may not put forth too much effort or thought into further survey waves because of this; rather they will clamber to get out of a survey as soon as possible.
- Respondent Identity Fraud: Especially common in online survey tools where you cannot validate the identity of your sampling pool, this can lead to respondent fraud. Respondents may lie about their age, employment and any other type of demographic identifier. Your data will suffer as a result. Survey panels may be immune to this if you choose your panel via face-to-face interviews, or if you know any member of the panel.
Panel Surveys: Uses and Applications
Panel surveys have various applications that you can put to use for your brand. Whether you’re looking to innovate an existing product, develop a new one, understand how your target market responds to current affairs, how they respond to certain communications or virtually anything else you need data for, panel surveys are useful ind=struments to leverage.
Here are several specific uses and applications for these kinds of surveys.
- Detect common customer behaviors in relation to purchasing, clicking on an ad, or interacting with your brand in any other way (digital or physical).
- Analyze the costs of a product, service or subscription.
- Predict sales for particular campaigns and seasons.
- Understand how to use current affairs in brand messaging (including the knowledge of which subjects and rhetoric may be too sensitive for your target market).
- Monitor trends in how customers buy from brands.
- Find how recent and distant events have affected the attitude and opinions of your target market.
- Segmenting your target market.
Marrying Survey Panels and Organic Sampling
Closing off, it is crucial to reiterate that one of the key differentiators of panel surveys is their ability to incorporate two different types of survey respondent collection methods: survey panels and organic sampling (in online survey tools).
These fall into diametric opposition with one another, as the former involves recruiting willing survey respondents (the panel), while the latter uses organic sampling, in which respondents opt into a survey in real-time when they discover it in a website or app.
Although survey panels are the chief method to conduct panel surveys, due to the repeated nature of observation, both of these survey methods have the ability to sustain the longitudinal study method of panel surveys.
Survey panels are the primary collection method of responses, as panel surveys and other longitudinal studies involve studying the same group of respondents.
Survey panels do just that. However, survey tools that use organic sampling, can also study the same group based on their demographics and conditioned screening questions. The only difference is that the responders in organic sampling won’t be the exact same people, but rather those who fit the categories.
Either way these two methods can both be applied or even used hand in hand. We suggest using a robust online software tool that provides a wide range of features to optimize your survey research.
Frequently asked questions
What is a panel survey?
A panel survey is a type of longitudinal study that follows the behavior of a predetermined group of people over a period of time. In a panel survey, data is gathered through a series of surveys conducted at set intervals.
What is a longitudinal study?
A longitudinal study is a form of research that makes observations and gathers data over a period of time, rather than at one single point in time.
What variables are examined in a panel survey?
Panel surveys tend to track feelings, attitudes, and opinions to understand how they change over time or in response to certain stimuli.
What are some of the benefits of using an online survey panel?
Online survey panels are cost-effective, can be distributed quickly, allow for easy data compilation to discover insights and offer an optimized design to improve response rate.
What is panel fatigue?
Panel fatigue is a phenomenon that occurs when a survey panelist participates in too many surveys and then becomes tired or bored with the survey process. This can lead to inaccuracies in survey data.
How to Get Insight from Consumer Panel Surveys: 10 Tips
How to Get Insight from Consumer Panel Surveys: 10 Tips
Alongside focus groups and ad-hoc questionnaires, consumer panel surveys are a popular tool for businesses looking to gain insight into what their audiences – and consumers at large – are thinking.
Using pre-recruited and pre-screened groups (or panels) of respondents, consumer panel surveys have specific advantages over alternative consumer research methods. You can control your audience, for example, and return to the panel over time to collect data repeatedly from the same set of people. This lets you dig deep into highly targeted audiences – and, crucially, compare changes in attitude over time.
Yet, as with all research methods, to get real value from consumer panel surveys, you need to refine your technique. That’s why, in this article, we’re sharing 10 tips and best practices to get the most from your consumer panel surveys. We’re talking how to shrewdly recruit and screen respondents, how to ask questions that elicit authentic opinion, and how to use the right analytical methods to yield deep insight.
Note: Don’t forget, Pollfish has created a new consumer research methodology that works a little differently. One that fulfills the promise of consumer panel surveys, while keeping bad data to a minimum – and making access to deep insights easier and more efficient.
Where to Start with Consumer Panel Surveys?
Consumer research can deliver highly valuable insight for your business. Whether you want to test how an ad campaign will land, or get feedback on a new product line, opinion from authentic consumers – and potential customers – can be priceless.
Yet, you can’t just go and fire questions around at random. This won’t tell you anything of value. Rather, thinking through who you are asking and why is crucial before you start.
Here are three tips on how to get that done.
#1: Gain Clarity on Your Research Problem and Goal
We’re starting with the basics, yes. But a true understanding of what you want from your research is an essential element that too often goes overlooked, particularly by businesses conducting research themselves. If you want insights that have value for you, you need absolute clarity on your larger goals.
Do you want to boost sales, refine a specific product, or determine brand positioning? A robust research objective will help you sculpt questions that deliver sharper insights – and save you time asking questions that don’t deliver value.
#2: Refine Your Research’s Scope and Scale
Once armed with a research objective, you now need to assess the desired scale of your research. This can get a little complex – but it ultimately shapes the reliability of your research.
Of course, the ideal survey would consult 100% of your target population – whether that’s marketing graduates in Scotland or cyclists among your company staff. While this scale would yield data on which you can surely rely, this is usually not possible in practice. Even if your target population is very small.
However, the further from 100% of the population, the greater the likelihood of inaccuracy. What you need to decide as a business is what margin of error you can tolerate. If you are making high-stakes decisions, you want data you can trust – and the larger the sample size the better.
#3 Source and Speak to the Right People
For authentic insights that deliver value for you, speak to the right audience. You can’t take this for granted. Before you conduct any survey, you need to recruit respondents that suit your target demographic.
This is what screening questions are for. These filter out respondents who aren’t right for you. However, as our resident expert, Jim Theodoropoulos, notes, using screening questions can be difficult to get right. These need to be combined with demographic targeting to narrow in on your audience.
Using Pollfish, for example, if you are seeking mothers who are runners, you can use the “gender” and “number of children” filters, before asking a screening question about preferred exercise. Like this, you can access deeper insights into specific audiences – and keep the professional panelists to a minimum.
Asking Questions that Deliver Real Value
The way you ask questions – and the form in which you receive answers – affects the quality of your data. And avoiding bias and panel fatigue, for example, can make conducting consumer panel surveys a bit of a minefield.
This is why many businesses use options like Pollfish to help design the questions. But if you’re going it alone, below are some tips on how to ask good survey questions and get answers you can trust.
Note: For more on this, check out our article on how to ask good survey questions.
#4 Ensure Neutrality
Bias is a bad look in consumer research. For surveys to yield data that is actually valuable, they need to tap into the authentic opinion of respondents. Not reflect the prejudices of the researchers.
That means avoiding leading questions, those questions that direct respondents to specific answers. For example, “How would you rate our award-winning customer service?” has the potential to skew responses by including the qualifier “award-winning”.
However, even “what problems do you see in our customer service?” distorts the insights you will receive – as it assumes problems, whereas none may have been seen by the respondent.
This also means providing multiple-choice responses that reflect the range of opinion. If “how would you rate our customer service?” is your neutral question, the possible responses need to achieve similar neutrality. “Extremely helpful / Helpful / Neither helpful or unhelpful / Unhelpful / Extremely unhelpful”, for example, keeps the balance between positive and negative options while keeping framing consistent.
#5 Use Strategies to Mitigate Panel Fatigue
During surveys, and particularly during panel surveys, it’s not unlikely that respondents will become bored or disengaged – even though they sign up to participate.
When respondents are asked too many questions, we call this panel fatigue. It’s one of the biggest downsides to consumer panel surveys. Respondents might lean on “don’t know” or they might start “straightlining” – where they choose the same response for every question.
To avoid this, change up your question formats and shuffle questions around. It boosts engagement. It ensures more trustworthy responses. And it ups your completion rate – making data more reliable overall.
#6 Be Specific – and Remember Your Research Goal
Every question in your survey should provide an insight into your audience’s opinions, attitudes, and behaviors. Those that are irrelevant or too vague are not going to deliver the insights you need to make effective business decisions.
In this way, if you are a gaming app, an open question like “what do you like to do in your downtime?” is not focused enough – and it doesn’t direct respondents’ thoughts to gaming. As such, it won’t provide data that will be of use to your research goal.
Understanding Insights from Consumer Panel Research
You’ve asked the questions. Now, you need to understand the responses.
This will first mean collating recurring answers, identifying patterns, and highlighting anomalies – a process that can be hugely time-consuming if you are doing it alone. That’s why Pollfish, by the way, delivers automated analytics in real-time. More on that later.
Once you’ve arranged the data, you need to analyze it. Here’s how to get started.
#7 Compare Your Data to Larger Trends
Numbers, let’s remember, are all relative. And getting valuable insights from them is difficult when they are viewed in isolation.
Your survey tells you 80% of respondents said that they were happy with your customer service. But for this to be valuable to you, this needs to be put in context. How does this compare, for example, to other businesses of your size in your industry? Or to your results from last year?
Larger trends are your friends – and they help make sense of your customer panel survey. If this is your first survey of its kind, let these results be the benchmark from which you understand future developments. If you have numbers from previous surveys, use these to assess your progress.
#8 Cross-Tabulate – and Dig Deep
Similarly, when you are reading your results, the big picture isn’t always the most useful view.
Say that 65% of respondents in a general population survey said they found your new ad campaign funny or very funny. That might feel like a win. However, these numbers could be disguising insights of more specific value.
That’s what cross-tabulation is about. Using crosstabs can let you see how different data fields overlap – and this is an indispensable tool for analyzing your data. For example, maybe the ad landed much less effectively with women. Or the joke was completely lost on 21-30-year olds.
This matters. There may be an insight you need to address. You just need to dig deeper to find it.
#9 Keep on Researching
In a world in which business competition is sharp, a single survey won’t do. As a result, there’s one tip that needs to be stressed: keep returning to your audience to do more research.
The unique value of consumer panel research is that going back and asking questions is easy. Your panelists are there, pre-recruited, ready, and willing to respond. Make use of them. There is really no such thing as too much data.
#10 Use Pollfish to Make Deeper Insights Easier
At Pollfish, we’ve moved beyond the traditional consumer panel survey. We’ve developed a research methodology that makes gathering insights into consumer opinion easier. It makes recruiting panelists and understanding insights faster, more cost-effective, and less labor-intensive, too.
For example, our consumer research platform sources insights from over half a billion engaged consumers, connected via our network of 120,000 app providers. We screen every participant based on pre-collected demographic, biographic, and behavioral data – as well as your screening questions – to take the stress out of finding the right audience.
Pollfish makes setting research objectives and framing questions easier too. We give you some of the most common research goals and pre-crafted question templates to choose from. To keep bias to a minimum and ensure participant engagement, all you have to do is select.
Finally, analyzing data is easier with Pollfish, too. Our advanced data tools let you filter your findings in real-time. All admin is taken care of, so that you can dedicate yourself to visualizing your insights – and ultimately putting them to work.
Frequently asked questions
What is a consumer panel survey?
A consumer panel survey is a type of survey that is conducted at set intervals over a period of time with the same group of respondents. The time period can range from days to years.
Why are consumer panel surveys used?
With interviews conducted over a period of time, consumer panel surveys are ideal for understanding how the thoughts, feelings, or behaviors of people evolve over time.
What are the benefits of conducting a consumer panel survey?
One of the primary benefits of consumer panel surveys is that they can be used to gain deep insights about a highly targeted audience. In addition, individual surveys are easy to deploy because the respondents have already been identified.
How are screening questions used?
Screening questions are used to identify the appropriate audience or panel for a survey. Combined with demographic targeting, these questions can help identify the best audience for a survey.
What is panel fatigue?
Panel fatigue occurs when survey respondents become bored or disengaged from the survey process, resulting in mediocre or inaccurate data.