Getting Actionable Marketing Insights with DIY Research Platforms

DIY research platforms can provide actionable marketing insights without breaking the bank. Discover how to leverage these tools for better decision-making.

Author

Tanvi Moitra

Date

March 24, 2023

Data, even though used interchangeably for insights, is different. Data is unprocessed facts that are gathered for a specific research requirement. Insights are conclusions drawn from data after analyzing it.  

Even though marketing insights are key for data-driven decision-making, only 30% of marketers use them. This is primarily due to a double whammy of – agency dependency and slower TAT. Insights need to be – actionable, reliable, scalable and agile for marketers to use them effectively.  

DIY (Do-It-Yourself) Research Platforms empower researchers and marketers by being- 1) Agile, 2) Easily Accessible, 3) Efficient, and 4) Easy to Use and 5)Single Source of Consumer Intelligence. They can be used for multiple use cases, including ad, script, media and concept testing, consumer behavior analysis, brand research and competitor analysis, without agency-driven delay and vague insights.  

Let’s learn more about these agents of change in the insights world!

DIY Research Platforms

What are DIY Research Platforms?

DIY Research Platforms allow users to conduct consumer research by themselves instead of relying on a service or agency.  

These self-serve platforms have a plethora of features, including-

  • Ability to conduct quantitative and qualitative research tools like surveys, FGDs etc.  
  • Automated reports and easy data visualization for easy cross-collaboration and analysis
  • Facial coding, eye tracking and Voice AI for reliable insights
  • A/B Testing for comparative analysis
  • Benchmarking and access to online panels  

Who can use them: In-House Research Teams

DIY Research Platforms do not require tech-savviness. This allows research and marketing teams to conduct research easily and quickly. They help gather actionable insights about consumer choices, attitudes, opinions, behaviours etc.  

With pin-point actionability, brands can determine what is working and what is not. This gives in-house teams the flexibility to spot opportunities, analyze the market shifts and make necessary adjustments.  

 DIY Research Platforms uses

Why Marketers Should Care

Driving growth requires marketers to have a ‘unifier’ mindset. You need to work collaboratively with other teams like research, sales, product innovation etc. But cross-collaboration is no child’s play; it can quickly make your market research slow and difficult.  

DIY research platforms provide marketers with –  

#Actionability to Insights

As a marketer, you want pinpoint directions, not a data explosion. With DIY research platforms, you get insights you can implement and not just data. This leads to faster decision-making and helps seize the identified opportunity.  

#Research Scalability

DIY Research platforms allow in-house teams to conduct more projects at once. It does not have bandwidth issues and allows teams to focus on multiple things letting you scale your research without increasing turn-around-time.  

#Faster Insights and Faster GTM

Data to insights take time when delivered by a research agency, usually 8-12 weeks. The analysis is mostly done manually by humans who work on more than one project at a time. With DIY research platforms, you don’t need to wait till bandwidth issues are solved to take one decision. Anyone can use the platform and conduct research with just access to the internet with minimal training.  

#Single Source of Consumer Insights

If Marketers should have a unifier mindset, why shouldn’t research platforms? DIY research platforms act as a single source of truth for all your research needs. You can store, conduct and analyze insights all in one place. This removes the burden of choosing the right tool for each stage of your research journey and collating all the information.  

#Better Understanding of Consumers

AI-powered DIY research platforms have facial coding, eye tracking and Voice AI capabilities. These technologies help tap into the subconscious mind of your consumers and move past surface-level unreliable insights.  

DIY Research Platform features

Conclusion

DIY Research Platforms provide you with actionability, scalability and agility. It reduces the dependency on agencies and lets you take control of your research process. It allows you to make informed decisions and enhances cross-collaboration amongst teams.  

While you may feel that research is not a marketer’s cup of tea, leveraging self-serve platforms can add credibility to your go-to-market strategy. While choosing the right DIY research platform, it is important to choose one which allows you flexibility and minimizes training time so that you can conduct research faster, better and more efficiently.  

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With lots of unique blocks, you can easily build a page without coding.

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Click on Study templates

With lots of unique blocks, you can easily build a page without coding.

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Start from scratch

With lots of unique blocks, you can easily build a page without coding.

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Add blocks to the content

With lots of unique blocks, you can easily build a page without coding.

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With lots of unique blocks, you can easily build a page without coding.

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Author Bio

Tanvi can usually be found anxiously treading the office floor to get her content reviewed, here at Entropik. When not absorbed by researching and writing, she loves to read, go for a swim, play badminton, paint, and otherwise spend too much time bingeing on the Office and cuddling her German Shepherd, Whiskey. An absolute foodie, she would love to cook and bake for you and even give you the best dessert suggestions in the office.

Tanvi Moitra

Product Marketing Specialist

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