If you advertise to target markets of 5% or less then up to 93% of your market research budget is likely to be tied up in screening costs simply to isolate the group you need.
If you regularly aim for markets which constitute no more than 10% of the population then almost 60% of interviewing costs are likely to be associated with finding the sample.
Case Study – Automotive Research User
Take the case of a major automotive marketer with a research budget of around $2.0 million. His interviewing costs over 12 months are $1.5 million. Two thirds of that amount goes in screening expenses.
That equates to around half of his total research budget.
The OMP Access panel would be able to provide a larger, more reliable sample for half of his current screening costs saving this marketer around $500,000 per annum.
Economics of telephone surveys where screening is involved.
Target % of Population
No. of Interviews
Interview Survey Cost
Screener component cost
Percentage of interviewing cost that is screen component