Business Success Skills

Guide to Creating Surveys and Analyzing Competitor Data




If you're looking to gather customer insights or understand your competition better, creating surveys and conducting competitor analysis are two powerful tools. Here’s how to effectively create surveys and analyze competitor data step-by-step.


Creating Effective Surveys

A well-designed survey helps you gather actionable insights from your audience. Follow these steps to create surveys that produce meaningful results.


Step 1: Define Your Survey Objective

Identify the purpose of the survey and the specific insights you need.

Examples of Survey Objectives:

  • Understanding customer satisfaction (e.g., “What do customers like about our product?”).
  • Testing a new product idea (e.g., “Is there interest in a subscription service?”).
  • Gauging price sensitivity (e.g., “How much are customers willing to pay?”).

Step 2: Identify Your Target Audience????

Determine who should take your survey.

Questions to Define Your Audience:

  • Are you targeting current customers, potential customers, or both?
  • What demographic or behavioral characteristics define them?

Example Target Audience:
- Millennials aged 25–35 interested in eco-friendly fashion.


Step 3: Create Clear and Concise Questions

Your survey questions should be easy to understand, unbiased, and aligned with your objectives.

Best Practices for Writing Questions:

  1. Keep it Short: Use simple language and avoid lengthy explanations.
  2. ? “What factors, if any, influence your decision to buy sustainable products over other options in the marketplace?”
  3. ? “What influences your decision to buy sustainable products?”

  4. Ask One Question at a Time: Avoid combining questions.

  5. ? “How do you rate our delivery time and product quality?”
  6. ? “How do you rate our delivery time?”
    Follow-up: “How do you rate our product quality?”

  7. Use Closed-Ended Questions for Quantifiable Results:

  8. “How likely are you to recommend us to a friend?” (Scale: 1–10).
  9. “Which feature do you value most?” (Multiple-choice: price, quality, eco-friendliness, convenience).

  10. Include Open-Ended Questions for Deeper Insights:

  11. “What’s one thing we could improve about our product?”

Step 4: Use the Right Question Types

Mix different types of questions based on your objectives.

Common Question Types:

  1. Multiple-Choice:
  2. Example: “Which feature is most important to you?” (Options: Price, Durability, Style)

  3. Likert Scale (Rating or Agreement):

  4. Example: “On a scale of 1–5, how satisfied are you with our service?”

  5. Yes/No Questions:

  6. Example: “Do you currently use eco-friendly products?”

  7. Open-Ended:

  8. Example: “What do you wish other brands offered that we don’t?”

Step 5: Test Your Survey?

Before launching, share the survey with a small group to ensure the questions are clear.


Step 6: Choose Your Distribution Method

Reach your target audience using the right channels.

Examples of Distribution Channels:

  • Email Marketing: Send the survey to your mailing list.
  • Social Media: Share on platforms like Instagram, Facebook, or LinkedIn.
  • In-Person or QR Codes: Place surveys in-store or include QR codes on receipts.
  • Embedded on Websites: Add a pop-up or link on your site.

Step 7: Analyze Survey Results

Turn survey responses into actionable insights.

Steps for Analysis:

  1. Quantify Responses: Use percentages for closed-ended questions.
  2. Example: “80% of customers value eco-friendly packaging most.”
  3. Look for Patterns: Identify trends in customer preferences or behaviors.
  4. Segment Responses: Analyze results by demographics (e.g., age, location).
  5. Summarize Open-Ended Feedback: Group similar responses into categories.

Survey Tool Recommendations

  • Google Forms: Free, easy-to-use, customizable.
  • Typeform: Engaging, interactive surveys with a modern design.
  • SurveyMonkey: Advanced analytics and robust templates.
  • Zoho Survey: Great for integrations with business software.

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