Research
Why do market research?
- New Product Development
- Invest in market research to know if a new product will be well accommodated in the market before full scale launching of the product/service
- Understanding Your Customers Better
- Segment your customers according to different behaviour types, attitudes, and lifestyle
- Measure customers’ satisfaction towards your product/service
- Determine price sensitivity of customers towards your product/service
- Minimize Risk
- Identify consumers who are most likely to default/pose a credit risk
- Making Investment Decisions
- Get a glimpse of you and your competitors’ performance in the industry
- Understand the economic, political and cultural climate of a certain territory
- Identify current and future trends and practices in the industry
Type of Studies Conducted
- Usage, Attitude and Imagery Research
- Advertising Research
- Credit Risk Modelling
- Price Sensitivity Research
- Customer Satisfaction
- Political Research
- Economic Tracking Research
- Brand Tracking Research
- Mystery Shopping
- Product/Concept Test
- Focus Group Discussion
- In-depth Interviews
Type of Analysis Conducted
- Frequencies and Cross Sectional Analysis
- Predictive Modelling
- Factor and Cluster Analysis
- Conjoint Analysis
- Perceptual Mapping
Full Service Market Research Firm (Qualitative)
- Screener/Recruitment Guide Design
- Discussion Guide Design
- Moderation of Focus Group Discussions/Executive Interviews
- Research Analysis
- Presentation
Full Service Market Research Firm (Quantitative)
- Sampling Design
- Questionnaire Design
- Data Collection
- Data Analysis
- Predictive Modeling
- Report