86) Because of the almost universal reluctance of the population to take part in surveys, panel
companies, a special kind of marketing research institution, have risen to the forefront of data
collection
87) Panelists do not provide large amounts of demographic, lifestyle, purchase behavior, and
other descriptive information as part of the sign-up process, which is a major drawback of using
panel companies.
88) Panel companies not only provide efficient data collection, but also often have questionnaire
design capabilities, data analysis and dashboards, preset survey schedules, tracking studies, and
qualitative research capabilities such as online focus groups, in-home usage tests, and more.
89) Clients who desire high data quality, access to special types of respondents, fast data
collection and other advantageous aspects of panel companies understand that these factors will
result in considerably more expense than do-it-yourself research.
90) Knowing that even the most sophisticated techniques of analysis cannot make up for poor
data, the researcher must attempt to choose a survey method that achieves the highest quality of
data allowable.