J.D. Power and Associates is a
global marketing information services firm founded in 1968 by
James David Power III. The firm conducts
surveys of
customer
satisfaction, product quality, and buyer behavior for
industries ranging from
car to marketing
and advertising firms. The firm is best known for its
customer satisfaction research on
new-car quality and long-term dependability. Its service offerings
include industry-wide syndicated studies, proprietary research,
consulting, training, and automotive forecasting. It was
ISO 9001 certified in 2002. The company is a
business unit of the Information and Media Group of
McGraw-Hill, who purchased it from James David
Power III in April 2005.
The firm is headquartered in Thousand Oaks,
California.
History
J.D.
Power
began moving its employees from its former headquarters location in
Agoura Hills,
California to its current headquarters in the Westlake section
of Thousand Oaks in the weekend after April 11, 2002.
Marketing research
J.D. Power and Associates' marketing research consists primarily of
consumer surveys. The company bears the cost of developing and
administering specific surveys with sample sizes of between several
hundred and over 100,000. J.D. Power ratings are based on the
survey responses of randomly selected
and/or specifically targeted consumers. J.D. Power relies on
consumer reporting for study results as well as in-house vehicle
testing for opinion based reviews in Blogs.
Although publicly known for the endorsement value of its product
awards, J.D. Power obtains the majority of its revenue from
corporations that seek the data collected from J.D. Power surveys
for internal use. Companies which have used J.D. Power surveys
range from Automotive, cellphone, and computer manufacturers to
Home Builders, and Utility companies. To be able to use the J.D.
Power logo and to quote the survey results in advertising,
companies must pay a licensing fee to J.D. Power. These
advertisement licensing fees, however, form a small part of J.D.
Power's revenues. In the 1990s, J.D. Power tightened its rules on
awards advertising to prevent excessive use of the J.D. Power
logo.
Automotive surveys
J.D. Power conducts multiple annual surveys of the automotive
industry in the U.S. as well as in other countries. The Vehicle
Dependability Study (VDS) is a measure of problems experienced
after three years of ownership, while the Initial Quality Study
(IQS) is a measure of problems experienced within the first 90 days
of ownership. Other surveys include the APEAL survey, reflecting
consumer's attitudes towards a vehicle's attributes, dealership
service surveys, and customer purchasing experience surveys.
Similar versions of the Vehicle Dependability and Initial Quality
Studies are performed internationally, and usually released with
the country's name, followed by the same title, e.g. Taiwan Initial
Quality Study.
In the
United
Kingdom, the J.D. Power UK Car Customer Satisfaction
Index reviews all cars that have reached two years of age at the
time of publication. Surveys are conducted in partnership with UK
automotive publication
What Car?,
which publishes the survey results. The UK car survey consists of
comments and ratings entirely from the members of the public who
bought the cars new two years previously. Satisfaction is based on
a number of different criteria, and when the many thousands of
marks in each area for each car are added up to form an overall
score. The list usually comprises about 130 cars and is published
every year in the UK.
International research
J.D. Power research surveys are conducted using local languages in
India, Japan, Taiwan, China, Philippines, Indonesia, Singapore,
Thailand, Malaysia, South Africa (mail intercept only), Canada,
Mexico, United Kingdom, Australia, New Zealand, Germany and
France.
References
See also
External links