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Guide to Using Consumer Behavior Research
What science can tell you that might help predict future sales growth.
By Toni Klym McLellan
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There's an expression that past behavior is often the best predictor of future behavior. That's the idea companies are banking on when conducting consumer behavior research. By tracking past purchases and returns, businesses hope to predict what products and services consumers want. Consumer behavior research can help your company in the following ways: - It builds predictability into marketing strategies.
- It helps eliminate tactics that aren't working.
- It enables companies to make their promotions more customer-specific, thereby increasing the chances of repeat purchases.
Action Steps
The best contacts and resources to help you get it done
 Study what others have done
Know as "secondary research," companies can peruse studies about similar firms or industries.
I recommend: The Market Research Portal at KnowThis.com contains a section devoted to finding company and industry information. Look for research on your market at trendwatching.com.
Conduct your own research
So-called "primary research" is another way to track consumer behavior. Select marketing firms specialize in tracking customer behavior through surveys, focus groups, and direct observation or monitoring (such as "cookies" used by Web sites to track visitors preferences).
I recommend: You may have heard of Nielsen ratings for television, but were you aware that AC Nielsen also does consumer behavior research tailored to your business? Claritas also offers customized behavioral profiles for purchase.
Sharpen your skills
Keep up with the latest on consumer behavior research by monitoring industry Web sites.
I recommend: The Association for Consumer Research publishes studies on the mind of the consumer. Take a tutorial on buyer behavior at KnowThis.com.
Tips & Tactics
Helpful advice for making the most of this Guide
- Use customer feedback cards to gather some of your own information – include a self-addressed, stamped one with each purchase.
- Provide customer surveys with regular newsletters or at your web site.
- Keep your eyes open while reading general marketing or business magazines to spot trends in your industry or in market research.
- Never underestimate the power of the Internet – make sure your marketing department is tracking customer behavior while visiting your web site, how long they spent on each page, etc. or ask your web designer to implement a tracking system.
- Ask around at trade shows and conventions to learn how your competitors are tracking their customers' habits.
The official source of Using Consumer Behavior Research is
the Consumer Research page at Business.com
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Offers internet market research services, specializing in customer satisfaction surveys, course evaluation surveys, and 360 degree surveys.
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 Best Sites to Learn More | Back to top |
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Articles, tutorials, guides and links giving information about consumer behavior research.
Read about the basics of researching consumer behavior and what to do with that information to optimize your small business operation.
Links to articles, websites, and papers dealing that range from introducing the reader to consumer behavior to providing a more in depth look on the subject.
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 Best Blogs and Forums | Back to top |
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Learn the latest news in the consumer behavior arena.
Emphasis on topics such as marketing, consumer behavior, psychology, education, and the autistic spectrum.
Read about topics that deal with consumer behavior and data collection and analysis.
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