Blog

Title - What is the Likert Scale in Market Research
Brand Marketing Content Marketing Identify Your Target Market Increased Market Awareness Interval data analysis Likert Scale Market Research Market Trends Marketing Goals Ordinal data analysis Survey Analysis

What is the Likert Scale in Market Research?

A market survey or research is a technique companies use to identify their customer’s needs. It focuses on consumer satisfaction, taste, and opinion of a product or service. This helps a company obtain proper f...

Leveraging Consumer Insights in Marketing
Accelerated Research Action Plan to implement Advanced Analytics Brand Marketing Branding Branding Efforts Business Case Study Consumer Insights Customer Survey Data Analysis and Interpretation Deep Learning Emerging Technologies Machine learning (ML) Survey research Survey Respondents Target Audience Testing Feedback

Leveraging Consumer Insights in Marketing

Marketing is primarily about leaning into the marketplace and understanding what consumers want and expect from a brand. Often, a market research agency makes the mistake of not being able to leverage consumer ...

Title - How to Conduct a Market Opportunity Analysis
Analytics Assessment of Business Capabilities Assessment of Data to Recognize Key Market Trends B2B Research Branding Business Case Study Case study Competition Analysis Deep Learning Evaluation of MOA Results Machine learning (ML) Market Trends Marketing Goals

How to Conduct a Market Opportunity Analysis?

Ensuring the growth and expansion of a business calls for a market opportunity analysis (MOA) to be conducted at regular intervals. It serves as a tool for understanding the position of a business in the market...

Title - WTP - What is it why is it important and how to measure
Auctions Conjoint Analysis Experiments and Revealed Preference Focus Groups and Surveys Improved Segmentation Increased Market Awareness Van Westendorp's Price Sensitivity Meter

WTP – What is it, why is it important, and how to measure?

In business, few things are more crucial than ensuring your goods and services are reasonably priced. If you undercharge, you’ll lose out on revenue that you could use to build your staff, improve your pr...

Title - Enhancing Product Experience_ The Top 5 Strategies
Performance and Speed Proactive Support and Feedback Mechanisms Seamless Onboarding User-Focused Design

Enhancing Product Experience – The Top 5 Strategies

In the competitive market of today, where consumers are spoiled for choice, a quality product experience is more crucial than ever. Businesses are realizing that the overall user experience their products offer...

Title - How to Optimize Your Research to Navigate Business Uncertainty
Adaptable Research Objectives Adopt a growth mindset Agile Methodology Collaboration in Research Data-Driven Planning Exploration and technology Industry-Related Research Keep an eye out for patterns and warning indicators Making scenario plans

How To Optimize Your Research To Navigate Business Uncertainty?

Uncertainty has become the new normal in today’s volatile corporate environment. Because of economic ups and downs, technology developments, or global pandemics, businesses are constantly compelled to tre...

Title - How To Build A Full Funnel Marketing Strategy
Activate Lead Nurturing Bottom of the Funnel (BoFu) Content Marketing Create High-Quality Content Email Marketing Identify Your Target Market Lead Generation Limited-Time Offers Measure and Analyze Middle of the Funnel (MoFu) Optimize and Iterate Paid Advertising Product Demonstrations Remarketing SEO Optimization Setting Goals Social Media Engagement Testimonials Top of the Funnel (ToFu)

How To Build A Full Funnel Marketing Strategy?

To be effective in today’s fast-paced business world, a strong marketing strategy must take potential customers on a journey that culminates with them being passionate champions of your organization. The ...

Title - 3 Tips For Building An Anonymous Survey And How To Decide When To Use It
Academic Evaluation Aggregate Data for Analysis Analyzing and Interpreting Anonymous Survey Data Avoid Collecting Identifiable Information Avoid Leading Questions Building An Anonymous Survey Consider Context and Demographics Deciding When to Use an Anonymous Survey Ensuring Participant Anonymity and Data Security Explain Anonymity and Confidentiality Feedback Gathering Focus on Key Takeaways Pilot Testing Planned Development Social and Cultural Issues Research Touchy Issues Use a Mix of Question Types Utilize Secure Survey Platforms

3 Tips For Building An Anonymous Survey And How To Decide When To Use It

Surveys are now crucial for getting information from various participants, including thoughts, opinions, and facts. However, there are some circumstances where maintaining anonymity is essential to promote sinc...

Title - An Overview Of Structural Equation Modeling (SEM) For Marketing Researchers
Advertising and Communication Effectiveness Consumer Behavior Analysis Data Collection Market Modeling and Forecasting Measurement Model Measurement Model Estimation Model Evaluation Model Modification Model Specification Structural Model Structural Model Estimation

An Overview Of Structural Equation Modeling (SEM) For Marketing Researchers

In recent years, marketing experts have begun to use the strong statistical analysis method known as structural equation modeling (SEM). It enables researchers to examine intricate correlations between several ...

The-Top-5-Question-Types-to-Include-in-Market-Segmentation
Analytics Artificial Intelligence Attitudinal Questions Behavior-based Questions Branding Efforts Case study Demographic Questions Market Research Market Research Panel Market Segmentation Open-ended Questions Psychographic Questions Target Audience

The Top 5 Question Types To Include In Market Segmentation

Understanding your target population and developing marketing tactics tailored to their unique demands requires market segmentation, which is a critical first step. The appropriate questions must be asked to ga...