Importance of Strategic Research – The Whys and Wherefores of Business Results
Strategic Market Research / June 12, 2017

Strategy and planning are crucial to stay ahead of competition and ensure positive results. Research should be able to contribute to the process of strategising. Market research, no matter how scientifically immaculate and precise, is only successful when it can lead to quantifiable business results. Business results, in turn, are dependent on the specific strategies that enterprises make to increase profits. Whether traditional or innovative, market research analysis must then take the form of strategic research so that it can address critical as well as tough research challenges from brand, communications and customer experience to product development, segmentation and user experience. All of these, then, are crucial to create an overall strategy for the business. Strategic research has the same basic steps — to gather accurate data, analyze it for insights, and use those insights to make better decisions. Market Analytics – the capture of all the relevant market data that has been integrated, analyzed, and interpreted specifically to evaluate all your options for growth – is what helps you take decisions on the future course of action – and this is how strategies are made. Market Analytics done under the ambit of strategic research recognizes the interdependence of the…

Tactical Research – Testing And Evaluation Of Product Usability, Packaging And Advertising Strategies
Tactical Research / May 12, 2017

Tactical Research is mainly designed to take a decision about a product before introducing it in the market. Some of the points that can be covered in here are packing design, the colour of the product, weight and others. Tactical Research takes place in three different steps in most of the cases. These steps are: Communication Development and Evaluation, Product Development and Evaluation, Packaging Development and Evaluation. Communication Development and Evaluation This is all about the advertisement of the product that has to be launched in the market. There are a number of strategies which the brand can use to position itself correctly in the market. Some of the strategies used are: Pre-testing of the advertisement so that any flaw can be detected and corrected, Other methods are used such as proper concept development, evaluation and recycling of the concept and also funnelling through social media that can draw in more audience towards the main target. Product Development and Evaluation This step is concerned with the product that has to be launched in the market. Obviously the product has to pass all the testing levels. Hence, here are some of the ways that can prove the product as near to…

Strategic Research – Take The Right Decision That Can Keep Up Your Brand Image

Any brand cannot take a decision of launching a product or service in a sudden haste. Often taking such quick decision can lead the company to big problems or also to a huge loss. This is the reason, proper planning and research is required so that the brand can come up with a product that is fruitful and that can reap profits for the brand. One such research conducted quite often by the big brands has been strategic research. Strategic Research is mainly a marketing strategy that helps the brands to analyse the situations well and then come up with the correct decision. The research is mainly conducted in three different levels and these are: Category level Product level Brand level   Category Level This level is mainly about the category of consumers who will be interested in having a look at the product to be launched. The level again is conducted with the help of a number of methods. Usage of the product is analysed along with the attitude of the consumers towards the product. One would also analyse the kinds of barriers in acceptance of the category. Most importantly, it has to be known that which segment of…

Consumer Research Services: helping better understand your target customer
Consumer Research / April 27, 2017

Consumer Research Services help companies gain an insight into a buyer’s mind, understand their preferences and buying behavior for their product and services, in turn helping deliver an enhanced value. Staying ahead in today’s competitive scenario requires a deeper understanding of your customer and consumer research services provide a systematic collection and evaluation of data regarding customer’s needs and motivations towards a particular product or service, helping chart out better marketing strategies. With the ever expanding marketing and technology scenario, explosion of data and fast pace of digital marketing; these consumer services have become an integral part of a company’s short and long term strategy decisions. The consumer research services can help businesses understand their consumer’s perceptions, buying habits, expectations and shortcomings with their product or services, compared to competition, leading to better optimization. It also helps companies understand the effect of market variables on their products and is very helpful for providing an insight before the launch of a new product. Since the research is customized with focus exclusively on consumers, it is a much faster with cost-effective solutions and precise and objective results, making it much preferred choice for today’s businesses faced with ever-changing and growing demands of…