Many chief marketing officers want their market research to possess more of these three qualities: Faster, cheaper, better.
Making it happen, however, can be difficult—especially in the business-to-business category, which targets a more select group of individuals than business-to-consumer. Assembling focus groups takes time. Getting business leaders to fill out surveys can be expensive. Obtaining more detailed responses with follow-up questions can be downright impossible.
“You have to make a decision by tomorrow, but it takes weeks to staff a proper focus group,” said Colin Fleming, CMO of software giant ServiceNow.
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