Market Research on a Budget
Are you looking to unlock broad-based consumer and market insights without breaking the bank? Not sure how to optimize your market research budget to glean powerful actionable insights? Looking to fuel business growth through business decisions informed by affordable market research services?
As US inflation ballooned to 5.4% in January 2023 compared to the previous year, the US Federal Reserve is set to increase interest rates further to avoid an economic downturn beyond the tech and financial service industries. As fears of an economic recession abound, startups, SMEs, large corporations and non-profits are tightening their market research budgets in a bid to cut spending.
However, while the cost of a bad business could cripple companies in the current economic climate, the cost of market research could – at best – yield a high ROI – and at worst – save you from pouring thousands of dollars into a bad business decision that may potentially bankrupt your business.
With consumers opting for more affordable brands, markets are confounded by rife competition. This means that businesses need to invest in affordable market research solutions in the US now more than ever before, to understand the impact of economic policies on consumer behavior and tap into market insights that ensure businesses stay ahead of the consumer-savvy competition.
Are you looking to leverage budget market research services in Los Angeles? Invest in our industry-leading low-budget market research solutions to boost innovation and grow your business today!
If you’re looking to invest in affordable market research solutions which are designed to illuminate the state of the market and provide a temperature check of your target audience at half the cost of primary market research, take a look at our budget market research services here:
While the average price of market research can cost companies anywhere between US$ 20,000 – US$ 50,000, average affordable market research solutions can cost anywhere between US$ 5,000 – US$ 15,000, depending on your market research objectives.
OUR BUDGET MARKET RESEARCH METHODOLOGIES INVOLVE:
Defining the research objectives
Customized research processes designed to extract actionable insights into your target audience
Streamlined data collection intended to illuminate the state of the market
Comprehensive data analysis based on desk-research
Observations, analyses and recommendations included in an easy-to-digest report
As a boutique market research agency founded in 2014 and based in Burbank, California, we’ve garnered 8 years of professional experience and excellence in qualitative and quantitative market research.
We’ve conducted extensive research studies that looked into consumer sentiments in commercial industries, patient care in relation to cancer treatment research in the healthcare industry, and studies conducted for non-profits and NGOs.
Leverage any and all our budget market research solutions in California from social listening to market intelligence reports and transform your business today!