Surveys are an excellent approach to obtain feedback from your target audience, whether you want to gauge customer happiness, staff loyalty, or send any kind of questionnaire.
When properly examined, your surveys will yield insights that you can utilise to make key business decisions.
Survey analysis is an important aspect of the survey process; without it, your survey data will be useless. This means that having the correct survey analysis tools is critical.
On the market, there are a variety of instruments, each of which offers something slightly different. We'll look over nine of the top tools to help you discover the one that's right for you.
To assist you understand more about the various tools available, we've broken them down into the following categories:
MonkeyLearn is a text analysis software that uses AI and machine learning to sort through massive amounts of text data and provide you with insights in seconds. This eliminates the need to manually examine text responses, saving you a significant amount of time.
MonkeyLearn also has a variety of templates for various data kinds (like reviews and surveys).
The NPS analysis template, for example, is pre-configured to contain the three analysis methodologies shown below to organise your open-ended survey responses: extraction of keywords, topic analysis, and sentiment analysis
Finally, MonkeyLearn's templates allow you to visualise data by filtering by sentiment, subject, keyword, and other factors.
Ideal for:
Those who wish to rapidly and efficiently acquire meaningful insights from their data.
Pros:
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Price:
Here's where you can learn more about pricing and plans.
Excel is a well-known spreadsheet programme that comes in helpful for analysing surveys. Perhaps you've already used it to employ filters, pivot tables, and built-in algorithms to examine quantitative data from your surveys.
But did you know that REGEX formulae may also be used to accomplish some basic text mining?
For example, if you wanted to find out how customers talk about customer service in open-ended responses, you could use the formula =REGEXMATCH(C2, "keyword") to look for words like "service":
Ideal for:
Those who wish to do quantitative analysis and those who only have a little amount of qualitative data to analyse.
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Excel is available as a standalone software or as part of the Microsoft 365 bundle. A free (though limited) internet version is also available. More information is available here.
Crunch.oi is a self-service survey data analysis application that crunches statistics and visualises data in simple interactive dashboards. It is a subsidiary of YouGov, a market research and survey firm. Integrations with SurveyMonkey, Qualtrics, Confirmit, and Decipher are available.
It's simple to use for beginners, but it also allows experienced data analysts to use R and Python to perform more complicated statistical research.
Ideal for:
Market researchers who require sophisticated survey analysis.
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Crunch.io can be contacted here for a free demo or pricing information.
NVIVO is a qualitative and quantitative data analysis programme that allows you to evaluate data from a variety of sources. It can be used for both human and automatic analysis.
Although it is mostly a desktop application, they do have an NVivo Collaboration Cloud feature that makes it easy to share insights across teams.
Ideal for:
Manual analysis is desired by academics and researchers.
Pros:
Cons:
While it provides some automation, it falls behind tools such as MonkeyLearn and requires manual analysis. This would be impossible to do without hiring their research experts or adding more team members if you have a lot of data.
Price:
Academics, non-academics, students, individuals, and organisations can all benefit from NVIVO's various packages. More information is available here.
MarketSight is a cloud-based software that specialises in survey data analysis. It also includes data visualisation, crosstabs, advanced analytics, and other features.
Ideal for:
Researchers who have worked with data and statistics before.
Pros:
Cons:
Some users have complained that the user interface is not very intuitive, and that people unfamiliar with qualitative research may encounter a steep learning curve.
Pricing:
MarketSight provides a variety of packages in which you can pay more for additional features. More information can be found here
SPSS Statistics is a statistical software platform that allows you to prepare, analyse, and report on your data. It also performs predictive analysis to predict what will happen next.
It was designed with social scientists in mind, and it remains popular in those fields. Governments, psychologists, and health professionals are the most common users.
Ideal for:
Researchers who work in the social sciences.
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They provide a free trial, then subscriptions and permanent payment plans, as well as an academic edition. More information can be found here.
KnowledgeHound is a data analysis programme that integrates survey data into a proprietary database, then adds a search engine and a data visualisation tool.
After that, you may use your new database to search for the answers to your business questions. These results can also be shown in a visualisation.
KnowledgeHound is a multi-project analysis tool that interfaces with popular survey programmes like SurveyMonkey. Customers have referred to them as the "Google of market research," according to them.
Ideal for:
Market researchers who want to examine the results of their organised surveys.
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Displayr is an online application for analysing and reporting survey results. It has dashboards and visualisations. It includes a variety of analytic tools, as well as some machine learning text analysis capabilities.
Ideal for:
Dashboards that are attractive to the eye are sought by market researchers.
Pros:
Cons:
It includes several automation-related tools. They also propose solutions that reduce the amount of manual analysis required, but you will still need to do some manual analysis and table and chart organisation.
Displayr is available for free as well as a premium professional and enterprise edition. More information is available here.
Thematic is a feedback analysis tool that use artificial intelligence (AI), primarily natural language processing, to assist you in sorting through your information. It also provides dashboarding and visualisation features. It works with survey software such as SurveyMonkey and Typeform.
Companies who want to automate their client feedback analysis should use this software. "Made for teams in data-driven companies," as they describe it.
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MonkeyLearn, on the other hand, is the perfect option if you're searching for a no-code solution that suits both data specialists and data beginners and combines robust automation with outstanding visuals.
Sign up now or try a free demo to see how MonkeyLearn can help you turn survey data into insights that benefit both your company and your customers.