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SurveyMonkey vs. Qualtrics: Which Online Survey Tool Is Right For Your Business?

SurveyMonkey vs. Qualtrics

SurveyMonkey vs. Qualtrics – As businesses become more data-driven, online survey tools are essential in market research, customer feedback, and employee engagement.

With so many online survey tools available today, choosing the right one can be daunting.

This article will compare two popular survey tools, SurveyMonkey and Qualtrics, to help you decide which is best for your business.

Introduction

Qualtrics vs SurveyMonkey | Comparison | 2021

Online survey tools have revolutionized the way businesses conduct research and collect feedback. These tools make designing and distributing surveys, gathering data, and analyzing results easy.

However, with so many available options, it can be challenging to determine which tool best fits your business.

In this article, we will compare two popular survey tools, SurveyMonkey and Qualtrics, to help you make an informed decision.

Overview of SurveyMonkey and Qualtrics

SurveyMonkey vs Qualtrics: Which Survey Tool is Best for You?

Before we dive into the details, let’s take a brief look at SurveyMonkey and Qualtrics.

SurveyMonkey

SurveyMonkey is one of the oldest and most well-known online survey tools. Founded in 1999, it has become a popular choice for businesses of all sizes.

SurveyMonkey offers a range of survey types, including customer satisfaction surveys, employee engagement surveys, and market research surveys.

It also offers a variety of survey templates and customization options, making it easy to create a survey that fits your specific needs.

Qualtrics

Qualtrics is a relatively new player in the online survey market, but it has quickly gained popularity.

In 2002, Qualtrics has positioned itself as an enterprise-level survey tool, offering advanced survey features, such as complex branching and data analysis.

Qualtrics also offers a wide range of survey types and customization options.

Features Comparison

SurveyMonkey vs Qualtrics; SurveyMonkey lets you run surveys on your website, via email and more

Let’s take a closer look at the features of SurveyMonkey and Qualtrics and how they compare.

Survey Types

Both SurveyMonkey and Qualtrics offer a wide range of survey types, including customer satisfaction surveys, employee engagement surveys, and market research surveys.

However, Qualtrics offers more advanced survey types, such as conjoint analysis and MaxDiff analysis, which are not available on SurveyMonkey.

Customization Options

Both SurveyMonkey and Qualtrics offer various customization options, including survey templates, question types, and branding options.

However, Qualtrics offers more advanced customization options, such as custom JavaScript and CSS, which allow for greater control over the survey design.

Data Analysis

SurveyMonkey and Qualtrics offer basic data analysis features like charts and graphs.

However, Qualtrics offers more advanced data analysis options, such as predictive analytics and text analytics, allowing deeper insights into survey results.

Collaboration

Both SurveyMonkey and Qualtrics offer collaboration features, allowing multiple users to work on a survey.

However, Qualtrics offers more advanced collaboration features, such as user roles and permissions, allowing greater control over who can access and edit a survey.

Pricing

SurveyMonkey offers a range of pricing plans, starting at $25 per month for the Basic plan, which includes up to 1,000 responses per month.

Qualtrics does not publicly list its pricing but offers customized pricing based on the needs of each business.

Which Survey Tool Is Right for Your Business?

SurveyMonkey vs Qualtrics; Qualtrics offers different survey distribution methods

So, which survey tool is right for your business? The answer depends on your specific needs and budget. SurveyMonkey may be the best choice if you are looking for a simple and affordable survey tool.

However, if you need more advanced survey features and data analysis, Qualtrics may be the better option.

Conclusion

Online survey tools have become essential in market research, customer feedback, and employee engagement for businesses of all sizes.

Both SurveyMonkey and Qualtrics are powerful tools with their unique features and benefits. It is important to assess your business needs and goals before deciding.

Ultimately, SurveyMonkey is a great option for businesses looking for a simple and affordable survey tool with basic customization and analysis features.

On the other hand, Qualtrics is a more advanced survey tool that offers advanced customization, collaboration, and data analysis features, making it a great fit for larger businesses or those with more complex survey needs.

FAQs

  1. Can I use both SurveyMonkey and Qualtrics for my business surveys? Yes, you can use both SurveyMonkey and Qualtrics for your business surveys. It depends on your specific needs and budget.
  2. Is Qualtrics more expensive than SurveyMonkey? Qualtrics pricing is not publicly listed but offers customized pricing based on the needs of each business. It may be more expensive than SurveyMonkey but offers more advanced features.
  3. Can I export survey data from SurveyMonkey and Qualtrics? Yes, both SurveyMonkey and Qualtrics allow you to export survey data in various formats, such as CSV, Excel, or PDF.
  4. Do SurveyMonkey and Qualtrics offer mobile-friendly surveys? Yes, both SurveyMonkey and Qualtrics offer mobile-friendly surveys that are optimized for a variety of devices.
  5. Can I customize the look and feel of my surveys on SurveyMonkey and Qualtrics? Yes, both SurveyMonkey and Qualtrics offer a range of customization options, allowing you to customize the look and feel of your surveys to match your brand.

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PepsiCo Reduces Revenue Projections As North American Snacks And Key International Markets Underperform.

Pepsi

(VOR News) – In the third quarter of this year, Pepsi’s net income was $2.93 billion, which is equivalent to $2.13 per share. This was attributed to the company.

This is in stark contrast to net income of $3.09 billion, which is equivalent to $2.24 per share, during the same period in the previous year. The company’s earnings per share were $2.31 when expenses were excluded.

Net sales decreased by 0.6%, totaling $23.32 billion. Organic sales increased by 1.3% during the quarter when the effects of acquisitions, divestitures, and currency changes are excluded.

Pepsi’s beverage sales fell this quarter.

The most recent report indicates that the beverage and food sectors of the organization experienced a 2% decline in volume. Consumers of all income levels are demonstrating a change in their purchasing habits, as indicated by CEOs’ statements from the previous quarter.

Pepsi’s entire volume was adversely affected by the lackluster demand they encountered in North America. An increasing number of Americans are becoming more frugal, reducing the number of snacks they ingest, and reducing the number of times they purchase at convenience stores.

Furthermore, Laguarta observed that the increase in sales was partially attributed to the election that occurred in Mexico during the month of June.

The most significant decrease in volume was experienced by Quaker Foods North America, which was 13%. In December, the company announced its initial recall in response to a potential salmonella infection.

Due to the probability of an illness, the recall was extended in January. Pepsi officially closed a plant that was implicated in the recalls in June, despite the fact that manufacturing had already been halted.

Jamie Caulfield, the Chief Financial Officer of Pepsi and Laguarta, has indicated that the recalls are beginning to have a lessening effect.

Frito-Lay experienced a 1.5% decline in volume in North America. The company has been striving to improve the value it offers to consumers and the accessibility of its snack line, which includes SunChips, Cheetos, and Stacy’s pita chips, in the retail establishments where it is sold.

Despite the fact that the category as a whole has slowed down in comparison to the results of previous years, the level of activity within the division is progressively increasing.

Pepsi executives issued a statement in which they stated that “Salty and savory snacks have underperformed year-to-date after outperforming packaged food categories in previous years.”

Pepsi will spend more on Doritos and Tostitos in the fall and winter before football season.

The company is currently promoting incentive packets for Tostitos and Ruffles, which contain twenty percent more chips than the standard package.

Pepsi is expanding its product line in order to more effectively target individuals who are health-conscious. The business announced its intention to acquire Siete Foods for a total of $1.2 billion approximately one week ago. The restaurant serves Mexican-American cuisine, which is typically modified to meet the dietary needs of a diverse clientele.

The beverage segment of Pepsi in North America experienced a three percent decrease in volume. Despite the fact that the demand for energy drinks, such as Pepsi’s Rockstar, has decreased as a result of consumers visiting convenience stores, the sales of well-known brands such as Gatorade and Pepsi have seen an increase throughout the quarter.

Laguarta expressed his opinion to the analysts during the company’s conference call, asserting, “I am of the opinion that it is a component of the economic cycle that we are currently experiencing, and that it will reverse itself in the future, once consumers feel better.”

Additionally, it has been noted that the food and beverage markets of South Asia, the Middle East, Latin America, and Africa have experienced a decline in sales volume. The company cut its forecast for organic revenue for the entire year on Tuesday due to the business’s second consecutive quarter of lower-than-anticipated sales.

The company’s performance during the quarter was adversely affected by the Quaker Foods North America recalls, the decrease in demand in the United States, and the interruptions that occurred in specific international markets, as per the statements made by Chief Executive Officer Ramon Laguarta.

Pepsi has revised its forecast for organic sales in 2024, shifting from a 4% growth rate to a low single-digit growth rate. The company reiterated its expectation that the core constant currency profitability per share will increase by a minimum of 8% in comparison to the previous year.

The company’s shares declined by less than one percent during premarket trading. The following discrepancies between the company’s report and the projections of Wall Street were identified by LSEG in a survey of analysts:

SOURCE: CNBC

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Old National Bank And Infosys Broaden Their Strategic Partnership.

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Old National Bank And Infosys Broaden Their Strategic Partnership.

Infosys

(VOR News) – Old National Bank, a commercial bank with its headquarters in the Midwest, and Infosys, a firm that specializes in information technology, have recently entered into a strategic expansion of their link, which has been in place for the past four years.

This expansion is more likely to take place sooner rather than later, with the likelihood being higher.

For the purpose of making it possible for Old National Bank to make use of the services, solutions, and platforms that are offered by Infosys, the objective of this expansion is to make it possible for the bank to transform its operations and processes through the application of automation and GenAI, as well as to change significant business areas.

This lets the bank leverage Infosys’ services, solutions, and platforms.

Old National Bank Chairman and CEO Jim Ryan said, “At Old National, we are committed to creating exceptional experiences for both our customers and our fellow employees.”

This statement is applicable to Old National Bank. Infosys is carefully managing the business process innovations that it is putting us through, putting a strong emphasis on efficiency and value growth throughout the process to ensure that it is carried out efficiently.

This is a routine occurrence throughout the entire operation. Because of Infosys’ dedication to our development and success, we are incredibly appreciative of the assistance they have provided.

Old National has been receiving assistance from Infosys in the process of updating its digital environment since the year 2020, according to the aforementioned company.

Ever since that time, the company has been providing assistance. The provision of this assistance has been accomplished through the utilization of a model that is not only powerful but also capable of functioning on its own power.

Infosys currently ranks Old National thirty-first out of the top thirty US banks.

This ranking is based on the fact that Old National is the nation’s largest banking corporation.

It is estimated that the total value of the company’s assets is approximately fifty-three billion dollars, while the assets that are currently being managed by the organization are valued at thirty billion dollars.

Dennis Gada, the Executive Vice President and Global Head of Banking and Financial Services, stated that “Old National Bank and Infosys possess a robust cultural and strategic alignment in the development, management, and enhancement of enterprise-scale solutions to transform the bank’s operations and facilitate growth.”

This remark referenced the exceptional cultural and strategic synergy between the two organizations. Dennis Gada is the one who asserted this claim. This was articulated explicitly concerning the exceptional cultural congruence and strategy alignment of the two organizations.

We are pleased to announce that the implementation of Infosys Topaz will substantially expedite the transformation of Old National Bank’s business processes and customer service protocols. We are exceedingly enthusiastic about this matter. We are quite thrilled about this specific component of the scenario.

Medium-sized banks operating regionally will continue to benefit from our substantial expertise in the sector, technology, and operations. This specific market segment of Infosys will persist in benefiting from our extensive experience. This phenomenon will enable this market sector to sustain substantial growth and efficiency benefits.

SOURCE: THBL

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American Water, The Largest Water Utility In US, Is Targeted By A Cyberattack

water

The largest regulated water and wastewater utility company in the United States stated Monday that it had been the target of a cyberattack, forcing the company to halt invoicing to consumers.

water

American Water, The Largest Water Utility In US, Is Targeted By A Cyberattack

American Water, based in New Jersey and serving over 14 million people in 14 states and 18 military facilities, said it learned of the unauthorized activity on Thursday and quickly took precautions, including shutting down certain systems. The business does not believe the attack had an impact on its facilities or operations and said employees were working “around the clock” to determine the origin and scale of the attack.

water

The corporation stated that it has alerted legal enforcement and is cooperating with them. It also stated that consumers will not be charged late fees while its systems are unavailable.

According to their website, American Water operates over 500 water and wastewater systems in around 1,700 communities across California, Georgia, Hawaii, Illinois, Indiana, Iowa, Kentucky, Maryland, Missouri, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia.

SOURCE | AP

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