market research a boon to accelerate your business
DESCRIPTION
Though Market Research was conceptualized and executed back in 1920s, it has not been more than a decade since marketers started using it for their business. Blame it on the advent of internet which has influenced the trends of technology, consumer needs, economic conditions and many more. And these constant changes in trends demanded for new business strategies that are more resistant to changes. To chalk out new strategies, marketers needed information about consumers’ needs, market demand, competition, marketing channels, etc. Who else could give this information other than Market Researchers!TRANSCRIPT
www.strategicoutsourcingservices.com [email protected]
Website: Email: Call Us:
080-41435564, +91- 9901065612
Market ResearchA Boon to Accelerate Your Business
Website: Email: Call Us:
080-41435564, +91- 9901065612
Market Research revenues expected to grow by 3.1% in 2012 alongside the increasing corporate profits and marketing budgets – a report by .
Market Research is a process of gathering information about consumers and competitors to analyze and identify consumer trends, best prospects and plan business strategies.
Though Market Research was conceptualized and executed back in 1920s, it has not been more than a decade since marketers started using it for their business. Blame it on the advent of internet which has influenced the trends of technology, consumer needs, economic conditions and many more. And these constant changes in trends demanded for new business strategies that are more resistant to changes.
To chalk out new strategies, marketers needed information about consumers’ needs, market demand, competition, marketing channels, etc. Who else could give this information other than Market Researchers!
IBISWorld
The Process of Market Research:
Define the Research Objective
Determine Research Design
Identify Data Sources and Methodology to follow
Estimating the Value of Information
Design Data Collection Forms and Questionnaires
Design Sample Plan and Size
Collect the Data
Analyze and Interpret Data
Prepare and Submit the Final Research Report
Give Solutions that Best Suit the Business
www.strategicoutsourcingservices.com
Website: Email: Call Us:
080-41435564, +91- 9901065612
Benefits of Market Research Service:
æ
æ
æ
æ
æ
æ
æ
æ
æ
æ
æ
Determine profitability of the market
Provide in-depth understanding of the Customer and their needs
Identify new product opportunities
Identify risks involved in business
Develop accurate price points
Understand your marketing position relative to your competitors
Reduce the risk of business failures
Pinpoint deficiencies in sales promotions and marketing policies
Analyze reasons for loss of customers or business
Determine the marketing channels suitable to your business
Forecast future market trends
To get all these benefits you need to choose a reliable Market Research firm that can understand your business needs and chalk out strategies that do not hamper your existing ROI. Keeping this in mind, Strategic Outsourcing Services has added the Market Research feather into its cap to enable growth for more customers.
You can bank on our Market Research experts at Strategic Outsourcing Services for perfect solutions to best suit your business requirements. By employing these solutions in your business, you can achieve great propelling results along with an edge over your competitors.
So, here we go, step ahead and try out our Market Research service and see how your ROI spikes up…
www.strategicoutsourcingservices.com