Doing business without marketing research is like fishing without knowing anything about it, but waiting to get lucky! There is much more to Marketing Research than just asking consumers how they they've found out about you, how they think or feel about your product or your ad.
Marketing Research is a combination of all activities that enable you to obtain the information you need to make business decisions. You might already gather lots of data from your market and consumers, but how much is it really useful? Not all information is equally valuable. You must consider: recency, relevance, accuracy and value versus cost.
While you can commission syndicated research companies for large-scale research projects, there's a lot you can do as a small or medium business at a much smaller scale and with less costs. Successful businesses stay ahead by using market information to anticipate, meet and exceed customers' expectations.
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Talk to us and we'll help you grab the power of information and use it to understand your customers and solve business problems!
While you can commission syndicated research companies for large-scale research projects, there's a lot you can do as a small or medium business at a much smaller scale and with less costs. Successful businesses stay ahead by using market information to anticipate, meet and exceed customers' expectations.
- - Do you feel there's no need for marketing research because you know what your customers think and want?
- - Do you feel you don't have the time or the money to conduct marketing research?
- - Do you consider marketing research to better target your products and messages, but don't know how?
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Talk to us and we'll help you grab the power of information and use it to understand your customers and solve business problems!
This is how we can help:
Exploratory/diagnostic research (useful when you're not sure why a problem exists, e.g. drop in sales, or when you're gauging new opportunities, e.g. opening a new business or branch and estimating feasibility)
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Descriptive research (useful after exploratory research findings or when you know exactly what your research objective is).
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