However, most businesses that attempt a DIY approach to market research recruiting invariably end up paying far more and spending much longer than they anticipated; and still at the end of that investment, they do not (and cannot) get the reliable, accurate and actionable data-driven insights they need to make profitable decisions -- which, after all, is the whole point of market research in the first place. While there are many pitfalls on the DIY market research landscape, three of the most common are:
Fortunately, all of these pitfalls can be avoided by partnering with experts. Below, we highlight the 3 key advantages of hiring a full-service agency for market research recruiting:
1. Expansive Network: a full-service agency taps into a large national and, if applicable, international pool of potential participants to ensure a representative sample. This lays the groundwork for a comprehensive, accurate marketplace picture that ultimately supports intelligent, profitable decision-making.
2. Specialized Knowledge: there are substantial differences between recruiting business stakeholders (e.g. manufacturing professionals) and consumers (e.g. individuals buying retail goods). In addition, there are differences between industries and sectors; for example, the market research recruiting dynamics in the professional services space is different than that in the healthcare or IT space, and so on. A full-service agency leverages all of this specialized knowledge to drive your market research investment.
3. End-to-end Project Management: a full-service agency has experienced in-house project managers who make the entire process streamlined, focused and progressively moving forward – including conducting interviews or surveys with recruited participants. This frees up your employees and executives to focus on running your business vs. getting bogged down and held back by an overwhelming, unanticipated administrative burden.
There are many ways that businesses can make the market research recruiting process more efficient and effective, such as having a clear research opportunity (i.e. business problem to solve or goal to achieve). However, attempting to do DIY market research recruiting is not a cost or time-saving approach. On the contrary, it is a massive waste of money and time, plus it is risky as well since capable competitors are constantly either catching up or pulling away. Businesses that get stuck in a market research recruiting quagmire find themselves on the outside looking in. The fact that they are responsible for their dilemma just makes it worse!
Fortunately, partnering with a proven, professional and results-focused agency is not just the smartest decision when it comes to market research recruiting: it is the only decision that leads to impressive results and ROI.
To learn more, contact to Communications For Research team today. We are one of the nation’s most respected market research agencies, and specialize in end-to-end market research recruiting. You’ll speak with our co-CEO Colson Steber. After learning more about your company and your goals, Colson can give you market research advice, a quote and more insight from his many years of experience.
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