Effectiveness of Monetary Incentives: Mail Surveys to Members of Multinational Professional Groups

J. Armstrong and J. Thomas Yokum

MPRA Paper from University Library of Munich, Germany

Abstract: Members of professional groups were much more likely to respond to a mail survey than nonmembers who were also experts in the area (43.7% versus 13.7%). A one-dollar (U.S.)prepaid monetary incentive increased the response rates, and it was as effective for members as for nonmembers (gains of 18.6% and 15.3%, respectively). Surprisingly, the U.S. dollar monetary incentive had a greater effect on foreign than U.S. response rates (gains of 32.6% and 12.9%, respectively).

Keywords: marketing; surveys (search for similar items in EconPapers)
JEL-codes: C83 M31 (search for similar items in EconPapers)
Date: 1994-04
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Citations: View citations in EconPapers (3)

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