We use cookies and other tracking technology to improve your browsing experience on our website, to show you personalized content, to analyze our website traffic, and to understand where our visitors are coming from. By browsing our website or clicking Accept Cookies, you consent to our use of cookies and other tracking technologies. Read our Privacy Policy
Guides
5 min

What is a B2B survey company and why do you need one

An introduction to a B2B survey company and why you need one

GrapeData
Jan 4, 2023
B2B market research

Introduction

B2B market research surveys are an important part of your company's market research strategy. They help you learn about the opinions, concerns, and preferences of your target audience so that you can create a more effective message for them. But how do you know what questions to ask? It can be difficult to come up with good ideas on your own, especially if you're not experienced in survey design. That's where a B2B survey company comes in handy!

B2B market research surveys explained

B2B market research surveys are used by companies to gather information about their customers and prospects. Surveys can help you to learn more about your target audience, and identify pain points and opportunities. Additionally, they can help to find out what your customers want.

A well-designed survey will help you to collect data from your target audience in an efficient way. Through a survey, you can make informed decisions when it comes to developing products or services. It’s important that you understand how B2B market research surveys work before conducting one yourself.

Market research surveys can be used to gather information from your customers, prospects, and other stakeholders. They are a useful way of collecting qualitative data that can help you to understand your audience better. Additionally, they can help you make informed business decisions.

Surveys are a great way to get feedback from your customers. They can be used to gather information about the products or services that you offer, as well as the buying process and your brand perception. Surveys can also help you to identify pain points, opportunities, and trends in your industry.

The role of a B2B survey company

One of the roles of a B2B survey company is to perform due diligence. This is a legal term that refers to the process of verifying the accuracy and reliability of information when making an important decision. It’s used in a wide variety of contexts, from conducting background checks on potential employees to researching an investment opportunity.

Due diligence surveys are also called “information verification” or “competitive intelligence” surveys. They provide businesses with details about their competitors, including what they sell and how they promote their products or services; who their customers are; where their sales offices are located; how much money they make; what kind of technology they use; and more.

In addition to collecting this information, due diligence surveys help you determine whether or not it would be worthwhile for your own company to enter into business relationships with any stakeholders who were identified during the survey process.

What kind of surveys can a B2B survey company run?

One type of survey that a B2B survey company can run centres around customers. These surveys are used to help sales and marketing teams understand how potential customers are thinking about their products. They can also help salespeople identify the best way to sell your product or service.

B2B surveys typically ask questions about:

  • Market Size (how many people will buy this?)
  • Competition (what companies are in competition with us?)
  • Consumer Preferences (what do consumers want from us?)
  • Needs (what are the needs of our target market?)
  • Motivation (why do consumers buy our product or service?)
  • Purchase Considerations (what considerations should we make in our sales process?)
  • Usage Patterns (how often is this product used in a day, week, or month?)

Needs-based surveys are designed to find out what your target market wants from you. These surveys help you identify the needs of potential customers, then create marketing campaigns that address those needs. You can use these results to improve your product or service and increase sales.

Why use a B2B survey company?

When it comes to marketing and product development, you need a reliable partner. If you're not sure how to get started with your research project or if you don't have the time or resources for in-depth data analysis, consider hiring a B2B survey company.

A B2B survey company can help you get your questions right. In fact, asking the wrong questions will result in inaccurate results and an unhappy audience. The best way to avoid this is by partnering with a company that has years of experience helping clients measure their effectiveness in their target demographic. A reputable B2B survey company can help ensure that all aspects of your research project are on track. This is so that when it comes time for release, everything goes smoothly and efficiently as planned!

A reputable B2B survey company will also be able to help determine the right sample size needed based on what kind of information needs to be obtained from each respondent type during recruitment processes. This will ensure accurate results while keeping costs down at the least cost per sample point (CPPS). For more information on cost per sample, check out this post about break-even analysis.

 Additionally, they'll provide guidance throughout every step including pre-survey preparation stages like developing questionnaires or interview scripts. They will also help in post-survey completion activities through statistical analysis techniques like regression analysis which allows researchers to understand how much change took place over time between dependent variables and independent variables. Examples of dependent and independent variables include customer satisfaction scores and service level agreements (SLAs), etc. 

They will also help determine whether or not the survey results are statistically significant enough. If so, they'll be able to provide guidance on how best to implement changes based on findings such as new product development, sales force training, and more.

In summary, a B2B survey company will provide valuable service in helping organisations make more informed decisions that can lead to increased profits. They'll help you understand your customers better as well as determine how much impact any changes made will have on their buying habits. This is especially important when trying to expand into new markets or when developing a new product line.

What a B2B survey company delivers

A B2B survey company provides a service to help you with your market research. They provide access to the right people, helping you understand what the market thinks, make better decisions, and find out what your customers want.

The role of a B2B survey company is to:

  • Identify the audience they need to reach in order to get results that are meaningful. This may involve creating new surveys or recruiting participants from existing panels or databases of contacts. The advantage of this approach is that it allows them access to large numbers of potential respondents quickly and at a relatively low cost (assuming a good sample size). The disadvantage is that there can be no guarantee that these people will accurately represent those who are not already members of their panel. If not done well then this approach can lead its clients astray by giving them false confidence about how representative their findings are.
  • Develop questions that will get the information they need from their respondents. This involves ensuring that they are easy to understand and answer, as well as presenting them in an unbiased manner (i.e., no leading questions).
  • Conduct the survey and analyse the results. This requires finding a representative sample of participants who meet their criteria (age, location, industry, etc) so that their findings can be generalised to other people in the same group or situation.
  • Present their findings and share actionable insights that can be used by other companies in their industry.

You don't have to waste time and money trying to figure out what questions to ask

A B2B survey company will know exactly what questions to ask. They have a wealth of experience in the industry and can provide you with insights that you wouldn't otherwise have access to. They will also know how to ask these questions in a way that is most likely to get useful information out of your customers so that you can make informed decisions about marketing strategies going forward.

The best companies will also be able to help you understand the results of the survey through their well-written reports, which are usually based on extensive research and analysis in order for them not only to answer but also to explain any trends or patterns found within them.

This can be incredibly useful for a business since it gives you concrete information about what your customers are looking for and how to provide it. In many cases, a survey will give you an idea of what works better than others in terms of marketing strategies. You may also receive customer feedback on their experiences with your product or service, which can help you improve it as well.

Final thoughts on a B2B survey company

A professional B2B survey company will offer you a range of options to help you get the best results possible. They should be able to provide you with multiple question types and formats, including open-ended questions, closed-ended questions, forced-choice questions, and even scaled-response questions. They'll also offer assistance in designing your survey so that it is fully optimised for maximum impact on respondents' responses. You can also check out our recent blog post on the 6 advantages of a B2B survey provider. Got more questions? Contact us today!

Seamlessly submit surveys on the go.

Bring your experience to your mobile via our app.