Market intelligence
Companies specifically use market intelligence in making confident and astute decisions in areas such as; determining new market opportunities, their strategy for penetrating the market, and market development plans.
In gathering data externally, market intelligence differs from business intelligence which focuses more on the analysis of internal factors such as sales figures. Instead, market intelligence looks more into factors such as the wants and demands of customers and products supplied by competitors.
In gathering this market intelligence, companies are able to determine the orientation of the market and customers, identify new trends in the market and competitors, and minimising investment risks by detecting threats and early market trends. In order to gather good market intelligence, there is a reliance on communicating with real people within the relevant industry. Analysts collating market intelligence will therefore communicate with manufactures, distributors, clients and others involved in the creation and distribution of products.
We build small, director-led, teams of sector experts who are with you from brief to debrief. As an employee-owned company, every one of us is invested in delivering quality, value, and long-term impact.
From agile testing to deep-dive strategic studies, we design research to meet your specific objectives. The agility of our in-house operations team and strength of our UK-wide recruiter network enable seamless execution at scale.
Our sector-focused teams have decades of experience understanding audiences and the complexities of the markets in which our clients operate. Working collaboratively we deliver actionable insight which drives positive change.
Contact us today to discuss your next market research project and discover how we could become a valuable extension of your team.
Contact usContact us today to discuss your next market research project and discover how we could become a valuable extension of your team.
Contact us