You can be on Entrepreneur’s cover!

Why Messaging Is the Future of Market Research Emailing surveys to customers was cool when email was a novelty, but those times are long past.

By Andrew Reid

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Westend61 | Getty Images

I recently rented a car to explore Hawaii with my family. A few days after returning the vehicle to the rental company, a survey popped up in my inbox. I had a great experience, so I thought I'd do the car-rental company a favor and give them my feedback.

While the first question was straightforward -- they asked me to rate my experience on a scale of one to 10 -- I didn't expect the survey to be so long and clunky. The grids were tiny and hard to see on my phone. I wanted to share a video to clarify one of my responses, but the survey forced me to type on my phone.

The most frustrating thing was the survey's tone. It was clinical, robotic and hilariously formal -- very different from my experience talking to the company's warm and friendly front-line staff. The survey felt like an interrogation rather than a conversation.

By the tenth question, I decided to abandon the survey. (I was, after all, still on vacation.) While my experience with this car-rental company was very good, the subpar survey made a terrible last impression.

My experience exposes one of the main reasons market research is facing a crisis. On one hand, customer insight has never been more important for companies. But on the other hand, no one wants to fill out surveys anymore.

In a recent study by the Global Research Business Initiative, only 26 percent of people said they trust the market research industry, with long surveys and poor mobile design singled out as contributing to the sagging reputation of an industry that scored below the banking, retail and ecommerce sectors

As an entrepreneur, I spend a lot of time thinking about market research -- where it's been, where it is today and where it's headed. My father is a lifelong pollster, and my first company pioneered the use of online communities for insight-gathering. As I think about the future of the $76-billion market research industry, I am convinced that we are in the midst of something big -- a major transformation driven by consumers themselves.

Related: 6 Battle-Tested Tips to End Email Overload

The channel is the message.

The most common way companies receive customer feedback is through surveys sent via email. At the turn of the century, the email survey was a fine solution. Inboxes weren't flooded, and online surveys were a drastic improvement over telephone surveys.

Fast-forward 20 years, and emails have earned a very different reputation. Almost 75 percent of consumers are overwhelmed by email overload. More than 244 billion emails are sent every day, yet only 23 percent of emails from businesses are read. Many people, myself included, go to their inboxes with one main purpose: To delete emails and spam before it takes over.

As inboxes became more cluttered, more people have embraced mobile apps and messaging platforms to talk to their friends and family. In fact, the top four messaging platforms today -- WhatsApp, Facebook Messenger, WeChat and Viber -- have more users than the top four social media sites. Messaging is also becoming a very common way for customers to talk to companies. According to Facebook, 69 percent of consumers feel more confident about brands they can reach via messaging.

This move to messaging is critical to the future of market research. To get an accurate read on the attitudes and opinions of customers on an ongoing basis, we need to engage them in channels they use. But so far, market research is missing the messaging boat. The industry's over-reliance on email will continue to impact response rates and will make market research less relevant. It's time for a change.

Related: Facebook Messenger Marketing: 7 Ideas You Can Try Today

Mirroring chat culture

The popularity of modern messaging apps has given rise to a chat culture of short bursts of communication -- one where people chat for a bit, leave, and then return to chat again. This chat-leave-return-chat cycle happens dozens, if not hundreds, of times a day, yet it doesn't feel like a burden. After all, these interactions happen very quickly and are usually fun.

This chat culture is not reflected in the survey experience today. As my recent experience in Hawaii demonstrates, not only are most surveys lengthy, they are also typically too formal and lack authenticity. If you look at the typical survey and compare it to how people chat with each other on messaging platforms, you'll see two stunningly different experiences. Rather than sending me a single, long survey, the car-rental company could have engaged me in multiple, shorter bursts and made the experience easier.

Using the right tone is even more critical when engaging with younger consumers. According to Forrester, Gen Z, the cohort after Millennials, prefer to provide feedback in a way that is "more like a conversation" rather than "a generic list of questions."

The message is clear: If you want authentic feedback, you have to mirror human conversations. And in today's world, that means understanding the prevalent chat culture and providing the same experience in your engagement activities. It's time to get conversational.

Related: 3 Ways Messaging Will Transform Marketing

Keeping up with consumers.

A few years ago, I wrote about giving market research its mojo back. A key message I wanted to relay in that piece was the need to stay ahead of the curve -- to question the status quo and leverage technology to make sure market research remains relevant in the enterprise.

Today, I want to reiterate the same message, because it seems like market research has fallen even further behind.

The best brands today know that ongoing feedback from thousands of customers can help uncover billion-dollar ideas and avoid disastrous decisions. However, people won't give their honest feedback -- and you won't get accurate data and insights -- if the experience isn't up to par.

To that end, it's time to rethink research. It's time to re-examine the channels, technologies and tone we use. We need to follow consumers' lead rather than forcing our old ways upon them. Our industry's future depends on it.

Andrew Reid

Entrepreneur Leadership Network® Contributor

Founder and CEO, Rival Technologies

Andrew Reid is the founder and CEO of Rival Technologies. Based in Vancouver, Rival's platform enables companies to create mobile communities they can engage for insights. Reid also founded Vision Critical and is a YPO member.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

This Dad Started a Side Hustle to Save for His Daughter's College Fund — Then It Earned $1 Million and Caught Apple's Attention

In 2015, Greg Kerr, now owner of Alchemy Merch, was working as musician when he noticed a lucrative opportunity.

Business News

I Designed My Dream Home For Free With an AI Architect — Here's How It Works

The AI architect, Vitruvius, created three designs in minutes, complete with floor plans and pictures of the inside and outside of the house.

Science & Technology

These Are the Top 6 AI Threats to Your Business Right Now

The modern workforce is forever changed by artificial intelligence. If you fail to understand that we will all need to learn AI to some degree, you haven't been paying attention.

Business News

This Fan-Favorite Masters 2024 Item Is Still $1.50 as Tournament Menu Appears Unscathed by Inflation

The pimento cheese sandwich is a tradition almost as big as the tournament itself.

Business News

Disney World, Disneyland Will Now 'Permanently' Ban Guests Who Tell This Lie to Skip Lines

The company rolled out changes to its Disability Access Services earlier this week.

Business News

Here's One Thing Americans Would Take a Pay Cut For — Besides Remote Work

An Empower survey found a high percentage of respondents would take a pay cut for better retirement benefits and remote work options.