Qualitative vs Quantitative Data: Key Differences (+ Examples)
Summary
• Open-ended Surveys and Questionnaires: You can build a form with specific questions and let customers freely express their feelings and thoughts about your business. You can easily make meaningful comparisons across different scales; for example, comparing a customer’s lifetime value with their acquisition cost. For instance, after using website analytics to discover low conversion rates, you can conduct user interviews to find out the reasons behind behaviors like cart abandonment. Narrative Analysis: This involves identifying, analyzing, and interpreting customer stories through interviews, testimonials, or any other text data. Furthermore, qualitative data are collected through interviews, focus groups, observations, open-ended surveys and questionnaires, and document analysis.