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Original paraphrase for Quantitative data collection is the gathering of numeric data that puts consumer insights into a quantifiable context. It typically involves a large
Original paraphrase for Quantitative data collection is the gathering of numeric data that puts consumer insights into a quantifiable context. It typically involves a large number of respondents - large enough to extract statistically reliable findings that can be extrapolated to a larger population. The actual data collection process for quantitative findings is typically done using a quantitative online questionnaire that asks respondents yes/no questions, ranking scales, rating matrices, and other quantitative question types. With these results, researchers can generate data charts to summarize the quantitative findings and generate easily digestible key takeaways. Back to Table of Contents The importance of quantitative data collection Quantitative data collection can confirm or deny a brand's hypothesis, guide product development, tailor marketing materials, and much more. It provides brands with reliable information to make decisions off of (i.e. 86% like lemon-lime flavor or just 12% are interested in a cinnamon-scented hand soap). Compared to qualitative data collection, quantitative data allows for comparison between insights given higher base sizes which leads to the ability to have statistical significance. Brands can cut and analyze their dataset in a variety of ways, looking at their findings among different demographic groups, behavioral groups, and other ways of interest. It's also generally easier and quicker to collect quantitative data than
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