5 Tips for More Efficient Profound Usage

The term “life hacking” has been around for a while now. For the uninitiated this refers to any trick, shortcut, skill or novelty that increases productivity and efficiency in all walks of life. In 2014, as time continues to remain such a precious commodity, any way of reducing time spent on tasks is very much welcomed. From making a natural alternative to fabric conditioner using salt to editing Google docs, there is a hack available. As the time and pressure for results is paramount to any business, and I am sure that demand will only increase in the coming years, finding the right market research as quickly as possible is imperative. MarketResearch.com's Profound solution provides users with numerous tools and capabilities to help streamline your search for reports.

Topics: Profound

Top Trends in the Transportation & Automotive Industry

Technology continually serves as the underlying factor in the changes that occur in different industries. For the transportation and automotive industry, technology has continued to push innovations in efficiency, lightweight materials, connectivity, and energy. Companies within the industry notice trends resulting from these improvements for future automotive developments. The North American automotive industry is not only the biggest market, but it is also the technological leader across the globe with some of the biggest names in the industry. With the market recovering since the recession, the next five years are expected prompt major changes that will impact the way cars are manufactured and used.

Topics: Transportation & Shipping

How to Use Market Research to Pivot Your Business

Developing a new business idea, and then turning that idea into a reality, is one of the most exciting events in an entrepreneur’s career. However, starting a new business venture can be extremely difficult, even when it might be something you are knowledgeable and passionate about. When a company struggles with any one aspect of the business, recognizing the need for a change of direction can be referred to as pivoting. Failing to have an accurate understanding of the market for your product can lead to problems that cannot be fixed easily.  Pivoting for a company can be a dramatic or small change, with either way having the overall goal to change the business model for a product, strategy, or idea that promotes company growth.

Topics: Market Research Strategy Marketing How To's

Why Academic Institutions Need Market Research

Market research serves as a helpful tool and an integral part of education in academic institutions. Whether at a large public university or a small private college, all institutions of higher education use research products in a variety of ways. To understand how your institution can best utilize market research, you should analyze who will require access and how they will be using market research, as well as consider the benefits of using a syndicated market research solution. In this blog post, we'll share some of our insights into the benefits and best uses of market research by colleges and universities.

Topics: Academic Education

Energy Trends Point Toward Smart Grid Innovation

Since the world first started integrating electricity into everyday life, electricity and power has been based around “the grid.” The grid is the system that creates, transforms, delivers and even stores all of the electricity and power that we use, while also transferring power from suppliers to consumers.  Including wires, switches, transformers, substations, meters, gages and more, the grid’s infrastructure is vast and broad (the size of the entire continent), yet also intricate and detailed (each individual consumer is connected). It powers everything in our society, from power plants to homes, and everything in-between. The grid is our national engine and keeps our society running at all times.

Topics: Energy & Resources

Is Your Business Intelligence Provider Utilizing Futuristic Market Research Techniques?

Futuristic, the adjective, means “having or involving very modern technology or design.” The term was once used to describe how the world would be centuries down the road. Yet, we now find ourselves living right in the midst of futuristic times. As with many areas that revolutionize along with technological advances, the term, futuristic, has become a staple in the area of market research methodologies. Indeed, 2014 has never seen more opportunity for analysis of data. The total global amount of data is now estimated at approximately 4 zettabytes, with a zettabyte being 1000^7th bytes. As such, techniques for managing analysis of this massive global population of data must dynamically evolve as well.

Topics: Market Research Strategy Market Research Provider

Top 2014 Trends in the Materials & Chemicals Industry

As the market has developed and grown, the Advanced Materials and Chemicals sectors of the manufacturing industry have been two of the fastest growing sectors. Chemicals is one of the oldest industries within manufacturing and has continued to play an important role in the day-to-day needs of the population as well as the industrial and economic needs. Trends in new technology, emerging markets, and the need to “go green” have transformed the chemical and advanced materials market.

Topics: Materials & Chemicals

The Advantages of MarketResearch.com's Profound Solution for Academic Institutions

Whether it's used by professors to educate the next generation of research, business and marketing professionals, or it's used to help offices of technology transfer and commercialization centers research and develop new products, academic institutions have a vital need for current and comprehensive market research. However, many traditional academic market research solutions do not offer the flexibility and diverse coverage necessary to accommodate the various needs of multiple departments within an institution. MarketResearch.com's Profound solution is now being offered to the academic community in order to provide the capabilities and content needed to maximize institutions' budgets while providing the high-quality content that academia requires.

Topics: Academic Profound Education

Using Market Research During Each Product Life Cycle Stage

When your company launches a product, the marketing needs are going to evolve alongside the product as it progresses through its life cycle. There are four main stages of the product life cycle: introduction, growth, maturity, and decline. Each stage of a product’s life cycle will require different forms of market research to most effectively market your product in the industry.

Topics: Market Research Strategy Marketing

Summer, 4th of July Prove Critical for U.S. Beer Industry

As the calendar has now moved into the summer months, many professionals in the beer industry have their efforts focused on one thing: the 4th of July, one of the biggest days of the year for the U.S. beer market. More than 103 million Americans drank beer on Independence Day in 2013, with 68.3 million cases of beer sold over the course of the weekend, which is a significant increase over previous years. In 2008, beer sales only recorded 24 million cases sold during the holiday weekend. But, as of 2012, Independence Day has claimed the top spot over Memorial Day and Labor Day as the most popular holiday for beer purchases.

Topics: Food & Beverage