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A US research firm conducted focus groups across four international markets, generating a rich pool of both quantitative and qualitative data. However, they faced two key challenges. Firstly, traditional methods struggled to combine quantitative and qualitative data sets effectively.
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08/07/2024, 12:43 #1 AI Tool for Market Research Enhanced Data Integration Ξ (/) Beyond Numbers: How an AI Tool for Market Research Enhanced Qualitative Data Integration Ezythemes May 30, 2024 https://ezythemes.com/ai-tool-for-market-research-data-integration/ 1/6
08/07/2024, 12:43 #1 AI Tool for Market Research Enhanced Data Integration A US research firm conducted focus groups across four international markets, generating a rich pool of both quantitative and qualitative data. However, they faced two key challenges. Firstly, traditional methods struggled to combine quantitative and qualitative data sets effectively. Valuable qualitative insights, such as consumer attitudes and motivations, remained largely untapped. This presented a two-fold challenge for the research team. First, valuable qualitative insights, such as consumer attitudes and motivations, remained largely untapped. Second, customizing separate presentations for quantitative and qualitative findings would have taken approximately three days, a significant delay in delivering research insights to the client. Ezythemes, an innovative AI tool for market research, emerged as a transformative solution, offering the ability to seamlessly integrate quantitative and qualitative data. This AI-powered market research platform revolutionized the way the research firm approached their analysis. Researchers were able to upload video recordings of the focus groups directly into Ezythemes. The platform then automatically extracted and analyzed the qualitative data. It employs sophisticated algorithms to meticulously extract qualitative insights from focus group discussions. This granular analysis uncovers hidden themes and patterns within the data, providing a deeper understanding of consumer behavior, and exactly what AI tools for market research are designed to achieve. By separating the quantitative and qualitative data layers, Ezythemes facilitates the creation of comprehensive reports. This holistic view empowers clients to gain a richer understanding of consumer preferences and trends, leading to the development of actionable blueprints for informed business decisions. It also generated two presentations with given criteria on desired blocs within a single day, showcasing the efficiency of Ezythemes as an AI tool for market research. With the help of Ezythemes, researchers were able to dedicate more time to strategic interpretation and higher-level thinking, a benefit often associated with utilizing AI tool in market research. Ezythemes’ capabilities freed them from the time-consuming task of manually analyzing qualitative data, allowing them to focus on the bigger picture. https://ezythemes.com/ai-tool-for-market-research-data-integration/ 2/6