Market Research

Helping you to understand your clients, competitors and the business landscape.

Market Research

Successful marketing solutions begin with insight.

As we seek business growth, market research can help us to understand our clients, the competition, business landscape or identify opportunities for diversification.

Market research also helps to provide the clarity required to make confident, informed decisions about the direction of your business. This insight will become the foundations from which all marketing will be built.

At RIMU Marketing we help small business owners to gain a clear, accurate picture, so they can move forward with focus, confidence and purpose.

What is Market Research?

Put simply, it is the process of gathering information and insights about your business, market or clients. This insight will help you to make more informed decisions. The challenge is working out the smart questions to ask, understand the gaps and deciding who to talk to. There are two types of research: qualitative and quantitative. The Chartered Institute of Marketing defines them as:

“Quantitative research is market research that focuses on collecting statistics and other numerical data through methods like opinion polls and consumer satisfaction surveys. This approach aims to identify patterns and trends using quantifiable data.”

“Qualitative research does not use numerical data but instead relies on techniques such as interviews and focus groups. This type of research seeks to provide more detailed and subjective findings to explore the reasons behind behaviours, motivations and emotions.” 

Why market research matters

It is easy to make assumptions about what your audience wants, how your brand is perceived, or where your biggest opportunities lie for diversification. But assumptions are rarely a reliable foundation for growth, market research provides concrete answers.

Market research is a great way for small business owners to better understand the dynamics of their industry, sector or clients. It can also help to identify the needs, motivations and challenges of their customer base.

Market research can help you to: 

Clients

Understand your ideal client’s needs, wants and pain points in greater depth. This will enable you to align your services and messaging to better connect and respond to client demand. 

Competitors

Understand how you compare with your competitors so you can clarify your positioning and clearly communicate your unique position in the market place, reducing risk.

Environment

Desk based research in particular can help you to better understand your industry, this can be especially useful if you are looking to diversify and sustainably grow your business this year.

How we can help

Gaining a better understanding your clients, competitors or environment will help you to build a strong, credible presence in the marketplace, providing clarity, focus and a sense of direction.

At RIMU Marketing we can help support you, to implement a broad range of market research projects which are tailored to respond to your business needs. We focus on delivering insight you can use. Depending upon what insight you need will vary by budget and individual requirements.

We can work in a couple of ways:

Audit

Complete an audit of the data you have and identify the knowledge gaps, to better understand your market, competitors and clients.

Review

Once we know where the knowledge gaps are and what insight we wish to gather, we can then support you with your next research project.

Training

We can support you by managing your next research project or we offer training to enable you to use the tools yourself eg: Survey Monkey, Smart Survey, etc.

25+

Years Experience

150+

Businesses Supported

If you have a marketing challenge, we would love to hear from you!

Get in touch to arrange a discovery call and explore how market research might support your sustainable business growth ambitions.

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