Market research is often touted as just a generator of statistics and data, but one of Canada's largest research organizations saw the opportunity to go leverage Digital Research solutions and differentiate themselves from the competition. They are no longer just a data source, but a data or market research source for the digital age.
The website alone shows a marked difference:
Ipsos-Reid
Vision Critical
Why did they go this route? Essentially, they had to. The traditional telephone research method wasn't working, in particular with the numbers of people who use cell phones exclusively, making them unreachable. They also had to speed up the process. In the old days, you would wait up to 6-weeks for preliminary data, today clients want their data instantly. Going digital has meant becoming faster, more efficient, and cost effective.
From a web 2.0 perspective, VC regularly updates their blog, twitter, and You tube social networks, but the experince and interesting source of data comes from the customized panels they create for their clients and the information that's generated by their own digital research work. They currently tap into 300,000 Canadians for their own polling source of data. It really has revolutionized the research world with stories worth talking about. Here's an example:
The Gap/Banana Republic: after approaching VC, received a customized research panel, of which 50,000 people joined. Talk about already being statistically significant. These people became the BR insiders, all ready to discuss the latest in fashion trends. The Insiders would participate in monthly surveys, receive sweepstakes incentives, newsletters to keep them on the inside track and engaged. One exercise that was particularly ground breaking, was each insider was asked to photograph themselves in various outfits. The results, allowed BR to (for the first time) peer in to their panelists closets and get a stronger sense of who their customers are. This information became significant to BR, when designing clothes or creating an in-store experience. The message starts to become viral with panelists themselves spread the message through their own social networks.
There's more examples like these for Nascar, Kodak, Jet blue, and so forth. Case Studies
Today, Vision Critical has created a great engine to reach the world with interesting relevant data and research experiences that people want to tweet, blog, and tell each other about.