Categories
(part of Chapter 2: Defining Your Project's Scope)
Defining your project scope also includes whether or not to reveal the sponsor of your market research study. Read these guidelines for help making this decision based on best practices and common exceptions.
Now that you are familiar with common types of MR studies, you’ll be better able to communicate your needs and expectations to potential agencies.
After you ponder project scope (i.e., what type of MR study you want to fund), another important consideration is whether or not the research will be blind. In the world of research, blind means that the sponsor is kept anonymous.
You probably have experienced this yourself. Perhaps you have received a call at home asking you to participate in a survey from XYZ research company. XYZ doesn’t tell you who is sponsoring the survey, so this research is blind.
Once the researcher starts asking questions, you might have an educated guess as to the sponsoring company. For example, if the researcher asks you questions about automobiles and keeps coming back to comparisons of Honda and Toyota, you might guess that one of those companies is the sponsor. Because you aren’t sure, though, the assumption is that your answers will be as unbiased as possible.
In contrast, if you knew the survey was sponsored by Toyota, and you happen to be a loyal Toyota customer, you might give biased results—unintentional, perhaps, but still biased.
In most cases the ideal is to keep research blind, to minimize the risk of bias. However, two common exceptions do exist.
This is an excerpt from the book, "How to Hire & Manage Market Research Agencies," which is available on Amazon. Published by Research Rockstar LLC. Copyright © by Kathryn Korostoff. All rights reserved.
Sign Up for
Updates
Get content that matters, written by top insights industry experts, delivered right to your inbox.