Pay as you go financial incentives, redeemable at a selected retailer, are sometimes employed as rewards for finishing questionnaires. As an illustration, individuals who end a market analysis survey may obtain a reward usable for purchases at a big retail chain.
This apply gives a number of benefits. It could increase response charges, thereby rising the amount and probably the standard of information collected. Furthermore, these incentives might be perceived as extra useful than money by some individuals attributable to their devoted spending function. Traditionally, rewards for survey participation have developed from modest tokens to extra substantial incentives reflecting the rising worth positioned on client opinions and information.