Sunday, 12 June 2016

Role of Qualitative Market Research in Indian Auto Industry

qualitative market researchAn Indian qualitative research agency offers some unique benefits to a foreign automobile company, from finding the right sample group to defining the scope of its business.

The Indian auto industry is one of the fastest growing market in the world today. From luxury cars to the small car segment every sector of the auto industry has seen remarkable rate of growth and experts predict that this trend will keep up. This growth is all the more striking given the worldwide slowdown.
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Why You Need Consumer Research in Marketing

Consumer research in marketing has many benefits. It aids in proper planning, tells us about emerging trends, develop communication and helps us in gauging our brand image.

Consumer research in marketingComprehensive research is an important component of any successful venture. In marketing this research is centered mainly on consumers, since they are the driving force of any sales campaign. Understanding the consumer is the key to any successful marketing campaign.

Consumer research in marketing has multiple benefits. It comes into play during every step of marketing, from the planning to the execution and evaluation of a campaign.
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Sunday, 15 May 2016

How Market Research Services in India Can Give You a Local Edge

For foreign firms eyeing the lucrative Indian market, research services in India have made all the difference. The right data can help in every facet from production, branding and marketing.

Of late a number of International firms have entered successfully in the Indian market. While a few have failed to make any significant impact, many are thriving in their subcontinental avatar. In fact, for many UK and Singapore firms, the Indian market has become a major source of revenue.
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Saturday, 14 May 2016

What to Look For When Hiring Indian Qualitative Research Agency

qualitative research agencyWhen hiring an Indian qualitative research agency, just going with a reputed name is not enough. There are some factors you must consider before you decide your pick.

While the global economy has slowed down, the Indian markets have shown remarkable resilience. This has prompted more and more international firms from countries like Singapore and UK to break into the Indian market. 

However, the complexity of the Indian market makes this is easier said than done.
The Indian market is unique with distinct customs, traditions and often confusing legalities –– conditions that foreign firms often find difficult to deal with. Indian qualitative research agencies provide the right solution for these foreign companies. They provide a valuable insight into the local markets, helping their foreign clients to formulate plans and minimise risks.

The dilemma then lies in which firm to hire. Today there are a number of successful research agencies working in India. You can go through the usual method of searching among your friends and acquaintances for the most suitable agency. But there are some factors you must consider before selecting one:

Experience: Nothing can beat experience in any field. An experienced firm has the contacts, the know-how to gather the correct information and the skill to analyse it. But experience can also mean the tendency to stick to established methods and lack of innovation.

On the other hand lack of experience may not always be a bad thing. New firms are hungry for success and making their mark. They are also more likely to think out of the box and come up with unique ideas. So, rather than looking for experience in your firm, look for experience of your team. A mix of old and new could be just the balance that you are looking for.

Past campaigns: Ask the agency for their past campaigns. This will give you a good idea of their work mode. You are not necessarily looking for experience in your field. Rather look for the way they handled each individual campaign –– their innovative thinking or ability to come up with new ideas.

You can also ask them for references. Follow these up and call their past clients to hear about their own experience. How did the agency handle complicated assignments? How flexible were they? Did they communicate frequently and were available for any queries?

Know your team: Chances are that your first meeting will be with agency representatives. Now ask to meet the team you will work with. You are looking for good communication and analysing skills. So, do not hesitate to ask for your team’s track record. Since you are looking for an Indian qualitative research agency, you may want people with experience in dealing with the Indian market.

Mode of gathering information: With a qualitative research agency the mode of gathering and analysing information is the most basic factor. What are the various ways the agency uses to gather information? Be clear on how this will be done. Ask for a sample questionnaire. The questions should be engaging, open-ended and give you insight into the respondent’s mind.

Ref:- http://www.articlesbase.com/marketing-tips-articles/what-to-look-for-when-hiring-indian-qualitative-research-agency-7441631.html
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Thursday, 12 May 2016

How Consumer Research Services Can Improve Your Product

Consumer Research Services
Consumer research services are a critical component of product development. Proper research can reveal consumer expectations, need for modifications and help you focus your developmental research.

No business can remain static and succeed. No matter how successful your product is, it must evolve and change with the times. Given the extremely competitive market today, product development is an area that no company can afford to ignore. Not only do you need to constantly change and improve your existing product, but as your business expands, you may also want to add new merchandise.
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Thursday, 14 April 2016

How Qualitative Research Agency Can Help Your Hotel

Qualitative Research Agency
As the hotel industry struggles to come out of its recent recessive history, it is looking for every tool to create sustainable growth. Hiring a qualitative research agency may be our best hope.

The hospitality industry is one of the most competitive industries in the world. Even established hotels face eminent closure due to various reasons. Interestingly, smaller establishments often do quite well. So, what decides success? What makes a person choose one hotel over another? What motivates them? What attracts their attention? More importantly, what makes them come back the next time and recommend a hotel to others?
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Tuesday, 12 April 2016

Why Your Pharma Company Needs Market Research Services India

Market Research Services India
Given its sheer number, India is a potent market for the pharmaceutical industry. But its complexity and unique local market situations need deft and knowledgeable firms offering market research services in India.

The presence of market research in the pharmaceutical industry has been long established. Research is often paired with development and is an important aspect of strategy planning. Its role is highly respected and its results are considered crucial in the companys development.
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