AN INTRODUCTION TO LAB42’S PROPRIETARY SAMPLE

The market research landscape is constantly evolving. Just 15 years ago, telephone surveys were among the gold standards of research, and online research was in its infancy. The ways people communicate, consume entertainment and information, as well as the way brands engage consumers are changing rapidly. According to recent research by PEW, 85% of US adult population is internet users and 65% uses social media, while only 60% of the population has a landline phone.

As people spend an increasing amount of time engaging online, through social media and apps, it was only a matter of time before companies would develop ways to engage consumers where they are naturally spending their time.  As a result, Lab42 has developed a unique platform to collect sample sourced through partnerships with social media networks, e-retailers, games, and applications, providing an attractive alternative to traditional sample panel providers.

In this blog, we will outline how the Lab42 sample is collected, how we validate it, the benefits of using our sample, as well as similarities and differences between the Lab42 sample, panel sample and river sample.

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HOLIDAY SHOPPING 2015: SHOPPERS STARTING EARLIER, SPENDING MORE

Each year, we have our own holiday tradition at Lab42.  We research how consumers plan to shop for the holidays. It appears as though the recession is fully in the rearview mirror for holiday shoppers this year, with many consumers planning on spending quite a bit more during the holidays than they have over the past few years.

According to our newest research on Black Friday and holiday shopping, 62 percent of shoppers plan to start their holiday gift buying on or before Thanksgiving (up from 58 percent in 2014 and 55 percent in 2013). Only 12 percent of holiday shoppers plan to wait until Cyber Monday (November 30, 2015) or later to start their shopping.

Our research also shows that consumers continue to believe that holiday shopping shouldn’t start until after the Thanksgiving turkey has been carved, with 7 in 10 respondents agreeing that stores should be closed on Thanksgiving Day. However, the chance to snag a great Black Friday deal isn’t lost on consumers, with 27 percent of respondents saying that they are planning to start their Black Friday shopping on Thanksgiving Day/Evening (an increase from 23 percent in 2014 and 26 percent in 2013).

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2016 PRESIDENTIAL ELECTION: THE COUNTDOWN BEGINS

November 2016 will be here sooner than we know. And with the seat of the most powerful person in the world at stake, the team at Lab42 wanted to take a closer look at how Americans currently view the candidates that are running for President. While we collected quite a bit of research on this topic (you can view more results and download all the raw data set (Excel) and aggregate overview (PDF) here), we created an infographic to highlight some key data points. Check out the infographic below, and if you are interested in having your own questions added to our next Political Research (set to launch in January 2016), be sure to add them in the comment section.electionround1_final_high-res

A LOOK INTO THE 2016 PRESIDENTIAL RACE

While America is still over a year away from electing its next President, it’s hard not to be deluged by the continual coverage of the Presidential candidates and their campaigns. With three Republican debates and one Democratic debate already under our belts, the team at Lab42 set out to gauge of how Americans feel about the election and candidates. Since the world of American politics can change so quickly, we will be running multiple Political Research snapshots leading up to the election in November 2016.

The goal of the first part of the series is to gauge interest in the election, the issues that are most important to voters, and which candidates are the top choices. To answer these questions, we surveyed 1,000 American adults (with demographics held constant to mirror the US census).

When asked about the top 3 issues that were deciding factors for a Presidential candidate, Jobs and the Economy topped the list with nearly 45% of respondents choosing this issue. Healthcare ranked second at 29%, and National Security rounded out the top 3 at 20%. These are followed by Education and Taxes tied at 19%, and Minimum Wage at 18%.

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ADVERTISING INNOVATION

Here at Lab42 we’ve been sharing the results of our innovation survey, looking at how important innovation is to consumers’ purchasing decisions and how innovative products – even grocery products – can command an innovative premium.  This month we look at the best way for brands to showcase their innovative prowess and new offers– both in terms of sales channel and message.

We found that’s it is vitally important for brands to tap into the power of reviews and recommendations. In this connected world 82% of our sample find online customer reviews influential, more so than professional reviews, at 74%. The study also found that over half of all consumers will look at a brand’s social media page and look up commercials and company information on YouTube prior to purchase, 57% and 53% respectively.

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