A Dozen Dangers of Deflation

It is often echoed in the media how dangerous deflation is. But, when it comes to ‘why’, journalists, bankers and even economists have a hard time putting together a clear and concise argument. Banking Reports, Ltd. has created this list of ‘A Dozen Dangers of Deflation’.

Topics: Business Services & Administration Financial Services

4 Business Goals Market Research Can Help You Accomplish

Many organizations will reach a point in which they get stuck, or are unable to progress any further in accomplishing their business goals. So, it is important that organizations recognize the benefits that can come from purchasing or conducting market research. While sometimes difficult to draw a direct line between market research and ROI, its role in helping organizations reach their goals is a critical enough reason for ensuring your organization conducts adequate market research.

Topics: Market Research Strategy

Clothing Merchants to Maximize Seamless Shopping Experience Through Online-Offline Approach

Rivaling consumer electronics, clothing has become one of the most purchased physical products online in recent years. Clothing was also the leading category in global cross-border B2C E-Commerce in 2014, accounting for over a third of all cross-border online purchases. In China and Japan, online mass merchants and marketplaces have become the most popular platforms for consumers to purchase clothing. In Europe, clothing has been the leading category by share of online shoppers in countries such as the UK, Germany, Russia, Italy and Turkey. Clothing merchants stand to benefit from adoption of current market trends, including but not limited to: M-Commerce, Omnichannel and Cross-Border B2C E-Commerce. Those merchants currently operating purely online or predominantly store-based could seek to adopt these strategies in an effort to gain a share in the booming online clothing market.

Topics: E-commerce & IT Outsourcing Apparel Telecommunications & Wireless Business Services & Administration

Smart Cities & Their Supporting Technologies

As smartphone penetration continues to increase, smartphone apps and well-implemented technology can help city authorities save money and become more efficient. However, there is much more than smartphones involved, including the networks that support cellular communications (LTE, LTE-Advanced, WiFi, etc.). 

Topics: Telecommunications & Wireless Public Sector

The Technical, Legal, and Political Minefield of Commercializing Stem Cells

Stem cells are primitive cells found in all multi-cellular organisms and are characterized by self-renewal and the capacity to differentiate into any mature cell type. However, it is this primitive nature that intrinsically makes commercializing stem cells a technical, legal and political minefield.

Topics: Biotechnology

5 Common Mistakes When Conducting Online Market Research Surveys

You can’t read marketing blogs these days without hearing about “data-driven decisions.”  Marketers are expected to have transitioned from the “Don Draper” era (in which gut feel and instinct ruled) to the “Data-driven” era (in which analytics, benchmarks, and consumer feedback should be in heavy supply).

The good news is this appetite for feedback is driving more online surveys being run across every organization. The bad news is most professionals don’t know the best practices for conducting a survey.  Seemingly minor mistakes can throw an entire dataset into question. Below are some common mistakes I’ve seen survey rookies make, and how to fix them.

Topics: Market Research Strategy Industry Insights

How to Get a Job in Today's Market Research Landscape

“Big Data” has been quite a buzzword in recent years, but it does have some real world implications for those in the market research industry. As technology evolves, it bleeds into market research and creates both new challenges as well as opportunities. Internet and mobile research have blended with new tools, such as survey applications, and many brands are taking advantage. What does this mean for market research and the professionals that perform it? Will they be pushed to the side, or is there a way for market researchers to adapt and strengthen themselves through these new technologies?

Topics: Marketing How To's Industry Insights

Affluents' Shopping Habits: 5 Top Trends Shaping the Luxury Market

Unity Marketing's look at the most important trends for marketers targeting the U.S. affluent customer

In recent blog posts, we’ve explored the top trends shaping the luxury market in 2015. The overriding trend that will impact all marketers at the high-end is that affluents have settled into a mood of austerity. One way that affluents' austere mood is expressed is in a new style of shopping which trends toward mass rather than 'class,' and preference for premium, rather than heritage luxury brands.

Topics: Retail Demographics Marketing

How to Use Market Research to Win New Business

The exact statistics may vary, but most people that have ever worked in or around sales will tell you that it is significantly harder, more time consuming, and more costly to acquire a new client than it is to retain and grow an existing customer. However, those same people will also tell you how important it is to constantly be growing your account base. With that in mind, anything that can help with client acquisition has to be a good thing. There are many best practices in this area, but market research is probably not the first thing you would think to use. Yet, it can be one of the most powerful.

Topics: Profound How To's

How to Use Market Research to Determine & Implement Loyalty Programs

Customer loyalty programs are one of the fastest growing marketing techniques among various different industries. American Airlines was one of the first companies to launch a successful loyalty program in 1981, and since then, loyalty programs have only increased in popularity and diversity. Because such programs are so common, not to mention the number of types of loyalty programs to choose from, it is important that you use market research to help you understand which program works best for your organization.

Topics: Market Research Strategy Retail Marketing How To's