Qualitative Research

Qualitative research is about understanding what people feel, think and do. Researchers aim to gain in-depth insights into the underlying reasons, motivations, and patterns of behaviour through methods such as in-depth interviews, focus groups and online communities.

While quantitative research focuses on measurable numbers and statistical analysis, qualitative research focuses on the experiences and opinions of individuals. Qualitative research is exploratory in nature and can help generate hypotheses for further investigation, so is often used in the early stages of research when the goal is to identify patterns and trends.

Make informed decisions that are grounded in real data.

Contact us to see how Insights Exchange can help grow your business.

“As a business, you are about to invest thousands, 100s of thousands, even millions into launching into a new market, but many of us don’t even take the time to do our research first. What can we do today, to guarantee success tomorrow?

Do your due diligence - do your research. It's worth the investment."

Benefits of Qualitative Research

Talking to individuals and focusing on their experiences and stories allows for deeper understanding of their behaviour and motivations. It allows researchers to explore the “why” and “how” behind actions and decisions and prompt for further clarification if necessary. 

Flexibility and Adaptability

Qualitative methods are flexible and adaptable, allowing researchers to modify their approach based on emerging insights. This adaptability is particularly useful when exploring new or evolving research questions.

When a product truly fits the market’s needs, it leads to higher customer satisfaction. Satisfied customers are more likely to become loyal to the brand, repeat purchases, and even advocate for the product through word-of-mouth recommendations. This loyalty is essential for long-term success and profitability.

Rich Data Collection and Insights

Exploring via in-depth interviews and group discussions can lead to a comprehensive exploration of the research topic, often with new insights being uncovered. Participants can share their unique contexts and provide rich detail and information.

Competitive Advantage

As already mentioned,if you want to stay ahead of your competitors, brands need to ensure they are constantly evolving. A product that meets the specific needs and preferences of the target market better than competitors’ offerings can differentiate the brand in the marketplace. This differentiation can lead to increased market share, higher pricing power, and greater customer loyalty, strengthening the brand’s position within the industry.

Interested to find out more about what qualitative options are best suited to your research project? Schedule a call with us and let us provide you more information on options available to you.

How Do We Do This?

Our global team of experts uses a wide range of research techniques to answer your
 questions and drive your business towards achieving its goals.
 

QUALITATIVE
RESEARCH

QUANTITATIVE
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qualitative research via an in depth interview

Let’s work together

STEP 1: Let’s chat about your research needs!

Let’s connect so we can better understand your desired outcomes, budget and timeline to assess the best research solutions and research specialist to work on your project.

STEP 2: Finalise Scope of Work and Assign Research Expert.

Here we sign off on your project objectives and allocate a Research Client Manager and Research Specialist to work on your project.

STEP 3: Kick Off time!

Now it’s time to set up for success! We have a 1-hour online meeting with the core team and key internal stakeholders on roles and responsibilities, project milestones and ways of working.

KIND WORDS FROM OUR CLIENTS

“We approached Insights Exchange to better understand our potential customers in Australia and to size the market opportunity. Their past expertise with working in both New Zealand and Australia with technology start-ups and their good reputation with clients such as Xero was our appeal to working with them.

We were really impressed with their responsiveness to our queries, fast turnaround, quality of researchers and ease to work with.”

Irina Smolina – Marketing Manager – Lentune