Abstract
Increasing mail-survey response using monetary incentives is a proven, but not always cost-effective method in every population. This paper tackles the questions of whether it is worth using monetary incentives and the size of the inducement by testing a logit model of the impact of prepaid monetary incentives on response rates in consumer and organizational mail surveys. The results support their use and show that the inducement value makes a significant impact on the effect size. Importantly, no significant differences were found between consumer and organizational populations. A cost-benefit model is developed to estimate the optimum incentive when attempting to minimize overall survey costs for a given sample size. © 2006 Operational Research Society Ltd. All rights reserved.
| Original language | English |
|---|---|
| Pages (from-to) | 1224-1230 |
| Number of pages | 7 |
| Journal | Journal of the Operational Research Society |
| Volume | 57 |
| Issue number | 10 |
| DOIs | |
| Publication status | Published - Oct 2006 |
Keywords
- behaviour
- marketing
- methodology
- optimization