We help by:
- Reviewing research designs, programmes and priority setting potentially saving huge dollars in sub-optimal effort.
- Demonstrating advanced research techniques that enhance productivity without confusing end-users.
- Specific training on how to drill-down into data efficiently and focus on the really key findings.
- Showing how to improve client/researcher partnerships to build more useful outcomes.
Lowering market research costs
Lowering costs is about getting a better return on investment from existing resources by reducing waste. We help generate better returns for research buyers, by enabling you to either
We systematically assess the quality and competitiveness of research you receive from your roster of agency partners, helping to remove duplication, extract more actionable information, and reduce costs. However, gaining value from market research is as much about how you buy as
what you buy. We also help you better use your resources by:
-
Fine-tuning briefing methodologies
-
Getting the right servicing structure from your agency
-
Reducing data overload by sharpening focus
-
Separating need to know from nice to know
-
Creating consistent deliverable protocols from agencies
-
Enabling better leveraging of previous research
Prioritising better value research
There is seldom enough time to do everything so, given the choices and decisions open, success is all about getting the priorities right and allocating the resources appropriately. The balance between supporting the key decisions with sufficient depth of information and with
applying the best methodologies is crucial. Too much focus on the volume of research requested can cause problems that impede the extraction of maximum value. This is typically characterised by:
-
Data overload leading to lack of focus
-
Excessive and inconsistent reporting
-
Lack of cohesion and successive building of knowledge
-
Declines in internal client satisfaction
-
Potential budget reductions due to lower perceived value
Too much focus on the methodology to the detriment of other areas generates its own challenges.
-
Loss of focus on immediate needs
-
Reductions in actionability
-
Excessive and costly accuracy
-
Risk of missing out on new insights
-
Delays from implementation issues
We have the experience to identify these issues and will work with your marketers and research specialists to identify whether you're using and getting the research you really need, and show you how to extract extra value from existing work.