Showing posts with label Qualitative Consumer Research. Show all posts
Showing posts with label Qualitative Consumer Research. Show all posts

Wednesday, 14 September 2016

Role of Consumer Research Services in Hospitality Sector

With its consumer orientation, the hospitality sector has large applications for  consumer research services. Research is used to plan new ventures, test innovations and timely evaluation.

For the hospitality industry that is centred around the consumer, understanding the latter is not just important, it is essential. Yet, for many years its application in this sector in India was largely ignored or not realised. Most businesses in the industry relied on their own know-how of their consumers.
Fortunately, the situation has changed rapidly over the years. With so many hospitality businesses going bust within a few years, it became essential to find every tool to survive. Consumer research services help businesses to not just stay afloat, but to do so with élan. Like other businesses, the hospitality sector has used consumer research to plan better, avoid risks and keep a competitive edge.
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Saturday, 13 August 2016

Need for Consumer Research Services in Advertising

Consumer Research Services
Consumer research services are an indispensable part of advertising. Under-standing your consumer is the key to create a successful campaign, evaluating and improving it.

The consumer is the king in advertising. Your business may be dependent on how suc-cessful you are in peddling your campaign to a prospective client, but ultimately it is the consumer who decides your fate. Recent trends show that client retention is getting harder today. Understanding your consumer is the only way to ensure long-running suc-cessful campaigns.
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Sunday, 12 June 2016

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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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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Saturday, 5 March 2016

How Qualitative Market Research Companies are Changing Advertising

Qualitative ResearchQualitative market research companies in India are changing the way advertising works by bringing in better understanding of the market, correcting faulty campaigns and bringing new ideas.

Qualitative market research is not just about running a simple sales campaign. There are many aspects of marketing that research can improve. One of the essential aspects is advertising. Over the years qualitative research has changed advertising dramatically, bringing it closer to its viewers, making it personal and ultimately, much more effective.
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Wednesday, 3 February 2016

How Qualitative Research Agencies Can Improve Product Usability

Qualitative Research Agencies
Qualitative research agencies use various methods to evaluate the consumer’s attitude towards the product and its usability. Their findings are a critical factor in later product development.

As our markets get more and more competitive, product usability and development becomes a prime concern. Being too complacent invites the risk of being run over by the competition. Remember, your rival business is probably working on the next big idea, ready to take over your share. 

But how do we know if our product will work? Where does it stand vis-a-vis your competition? This is where the work of qualitative research agencies come in. By understanding the consumer, you can better estimate what will work and what needs to be done further.
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Friday, 29 January 2016

How Consumer Research Can Change Your Marketing Strategy

Consumer Research in Marketing
Consumer research in marketing provides valuable insight into a businessmost important asset –– its market. By providing comprehensive, relevant and reliable information, it helps a business to formulate the right strategy.

The consumer is the main element of any business. Unless one understands ones market, one cannot hope to achieve any kind of success. Consumer research is instrumental in providing insight into this very field. Combining quantitative and qualitative methods, consumer research can give us critical information, which can then be used to devise the right strategy.

Better understand your consumer: Consumer research in marketing can give us an invaluable
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Tuesday, 12 January 2016

How Qualitative Marketing Research is changing the Tourism Industry

qualitative marketing research
Qualitative marketing research has been invaluable in developing tourism from improving services to increasing security. So, how can it help you?

The tourism industry is one of Indias most lucrative industries with multiple stakeholders that range from the government to local dhabas. This is true not just for India. Worldwide tourism remains a major industry, providing nations with millions of dollars and employment to locals. This makes the development of this industry all the more imperative.
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Tuesday, 5 January 2016

How Qualitative Consumer Research Helps The Retail Sector

Qualitative Consumer Research is used in multiple areas in a retail organisation, from planning sales tactics to designing the most efficient floor plan.
The retail sector has changed dramatically in India. From the neighbourhood kirana store to big glitzy malls, shopping is definitely not what it used to be. But, few recognise the effort it goes in creating these spaces. Qualitative Research is one of the essential tools in the management of a retail space like a mall.
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Tuesday, 29 September 2015

4 Reasons Why a Good Research Agency is Essential for Small Businesses

Despite the many benefits they offer, many small business owners are still reluctant to hire research agencies. Here are the top 4 reasons why they should.

Market-Research-India
In the present cutthroat business environment, it is essential that small businesses start with the right mix. A slight error can create a crisis, while a little modification can give you a hit. One such essential factor for a business’ success is good research. The aim of research is gathering information –– an essential tool for any business.
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Monday, 21 September 2015

Growth of Market Research in India

From a non-existent industry to one of the most rapidly growing sectors, market research in India has come a long way. Today Indian agencies are competing with the best in the world in local and international markets.

Given the standard of market research in India today, it is hard to believe that this field was almost non-existent about two decades ago. There was little focus on the consumers, their desires, likes and dislikes. In the absence of choices sales were assured. Hence, there was almost no emphasis on research and development.
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Saturday, 19 September 2015

Brand Building Needs A Brand Image Study By A Good Qualitative Market Research Agency

Brand image studies are commissioned by corporations as part of qualitative market research to understand what their image is, in the minds of customers, and how to reposition themselves. This is critical for brand building.
One of the ways in which we, at Coral Research Services, conduct qualitative market research for advertising agencies and brands, is to conduct a Brand Image Study. Every brand has some kind of impression in the consumer’s mind. In other words, I can say that every brand present in the market has some kind of image in consumer’s mind. Some brands are perceived to be young and modern and thus thought to be fit for some particular age group or some particular lifestyle or kind of people. e.g. a watch with psychedelic colored straps for the young and upwardly mobile.
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Thursday, 6 August 2015

Qualitative Research is now Widely Used, both in local Markets and Internationally

Qualitative research is now widely used, both in local markets and internationally, and is increasingly influential in modern marketing and social policy-making. Its methodologies, analytic tools and philosophy however, are different from those of quantitative or survey research, which traditionally has provided guidelines for the Market Research Industry as a whole. Whether a focus market research group study or online survey or other methods, ultimately all market research survey methods belong to either one of the categories – qualitative market research surveys or quantitative market surveys.
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