The United States and Europe dominate the market research industry with global revenues exceeding $40 billion. These research firms make up almost 5,000 companies in the US and generate over $15 billion in revenue here in the states.

Within this multi-billion dollar industry, there have been credibility concerns over the years. For example, back in 2013, The Globe and Mail, a leading Canadian online news source, pointed to botched political polls from a British Columbian campaign in their article entitled, “When pollsters get it wrong: The high cost of lost credibility.”

At some point or another, all undergraduate and graduate students will be assigned an intensive research project or thesis, or dissertation in the case of PhD candidates. Sometimes, these assignments can seem overwhelming at first. Not only is there substantial research to be done, but the research that is already available is wide-ranging. However, not all research found online is up-to-date or the level of quality needed for these types of projects. Being able to find enough sources, analyze them, and then organize them into a paper is difficult even for the best writers.

Broadline Research Providers Are the Most Valuable Resource Given Today’s Economy and Competitive Environment

Over the course of the last 10 years, the amount of secondary research and the availability of resources to access published industry data has increased substantially. However, researchers often overlook the option of leveraging readily available, reliable industry data; a valuable option that curtails the overall project cost as well as time required in obtaining answers to critical go-to-market questions.

There is a reason why people repeatedly return to the same restaurant. Is it the food? Clearly if the food is sub-par, then any establishment will soon be out of business since no one will return to an eating establishment for a lousy meal. But, given that the food that is served is good, one can then argue that there are probably many other restaurants located in the vicinity of our favorite eating place. Why would we repeatedly return to the same one? It’s the service! It’s the people who serve the food; it’s the manager of the restaurant who comes over and personally greets you. It’s the wait staff that serves you as though you were the most important person in the room. And, most of all, it's the high quality food served at a price we are willing to pay. That’s what brings us back, time and time again. And, those factors are what make you loyal to any business.

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.

Market Research is a large, but critical, investment for a business, and, as with any substantial purchase, you will probably want to ensure that you fully understand exactly what you're buying. Because there are many intricacies to finding and buying the right market research report or solution for your needs, you're going to have questions. So, we have compiled a list of some of the most frequently asked questions customers have when purchasing market research. With these common questions answered, you will be well on your way to landing the perfect report.

More product offerings and a larger audience seem to be the dynamic duo when it comes to expanding a business and increasing its revenue, and it's no different in the world of market research publishing. Internally, publishers work dilligently to continually producing new products, publishing reports on the latest in their covered industries. But, what if additional efforts could be made externally to extend your reach to entirely new audiences? Partnering with a market research marketplace can do just that.

After purchasing a market research solution, in order to get the most value from your investment, you need to evaluate your usage. But, how do you optimize your platform most effectively? Whether you have a subscription-based solution or a buy-by-the-slice platform, you need to fully understand its features and how to take advantage of them. That is why at MarketResearch.com, we have multiple Application Specialists who work closely with our platform customers to ensure you are optimizing your usage and the solution's features to reach the highest potential value for your business.

I am always amazed that through science man has determined that the universe is between 14-15 billion years old and, even more astounding, is the calculation for the Universe’s expansion. So, why was it that, at the Perfect Information Conference in 2012, 30 leading information professionals with hundreds of years of experience between them could not come up with the answer to a simple question: What is the ROI (return on investment) from market research? Is this the information industry's holy grail? Maybe…..

Let’s consider this in another way. If there are too many variables to determine which piece of data or knowledge proved pivotal in the launch of a new product or successful investment, then consider this: Where was the value derived?