Making the Most of a Start-Up Research Budget

By its very nature, a start-up venture has no customers, no visibility into the market, and no brand awareness. To get these things, you need to invest some of your start-up funds into marketing which includes branding, advertising, and market research.

Topics: Profound Market Research Subscription

NRF Downgraded Projections for Retail Sales in 2015

You’ve probably heard that the National Retail Federation (NRF) has downgraded their retail sales forecast from 2015, from 4.1% increase to only 3.5% over 2014.  As a trade association for the retail industry, I don’t put too much stock into what they say, knowing that they want to, have to, put a positive spin on whatever they report, as Mark Twain said, “There are lies, damn lies and statistics.”  So the news of a downward adjustment of a forecast from the NRF is particularly notable, since the reality is probably much worse that they are likely to report.

Topics: Retail Demographics

The Process of Market Segmentation

The cornerstone of any marketing strategy is a solid understanding of what customers truly value and need, then creating and delivering a compelling message showing how your offering delivers measurable value in addressing those needs. 

Topics: Market Research Strategy Custom Market Research

What It Means to Be a Millennial Market Researcher

A number of different industries have begun to focus their attention on the millennial generation in the past few years, which includes market research. As new millennial students enter the workforce, it’s crucial to understand how the millennial market researcher is conducting their research and where they are looking for the information they need.

Topics: Market Research Strategy

How Market Research Helps Government Contractors in the Acquisition Process

Market research isn’t just a necessity for companies to make their business decisions, it’s also a crucial process during government acquisitions. For the U.S. government, market research is required to gather preliminary information needed for acquisition of commercial items.

Topics: Public Sector

Embedded Systems and the Internet of Things (IoT)

Embedded systems are part and parcel of every modern electronic component. These are  low power consumption units that are used to run specific tasks for example remote controls, washing machines, microwave ovens,  RFID tags , sensors, actuators and thermostats used in various applications, networking hardware such as switches, routers, modems, mobile phones, PDAs, etc.

Topics: Telecommunications & Wireless Knowledge Centers

Using Market Research to Determine a Licensing Plan

When working to find the market research report that is going to provide you with all the information you’ve been searching for, sometimes the last thing on your mind is what type of licensing agreement you’re going to need when your purchase the report. A lot of confusion revolves around licensing, specifically who can use it and how can the research be used.

Topics: Profound Market Research Subscription Market Research Provider

How to Use Market Research to Understand the Global Market

Through the benefits of technology, it’s easier than ever to take your business to the international level. What once was reserved for big-name brands is now possible for all types of companies — as long as they stay informed about current market conditions. When considering global markets, it’s important to use market research to be prepared for all potential opportunities and challenges.

Topics: Market Research Strategy Marketing

How to Use Market Research to Determine Where to Start Your Business

When starting your own business there are a number of different factors to consider, but as long as you do your research, then it can be made a whole lot simpler, and easier for you to manage and maintain.

Topics: Marketing

Exploding Big Data in Healthcare - A Major Driver for Healthcare Cloud

Healthcare is one of the most dynamic application of cloud computing. Although healthcare organizations are highly concerned about the privacy and security of patient data, the pressure of controlling the increasing healthcare cost has driven the adoption of cost effective solutions such as cloud computing. There has been a surge of interest of the healthcare companies in adoption of cloud computing. A report estimates cloud healthcare market will grow at nearly 25% through 2020.

Topics: Software & Enterprise Computing Healthcare