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19 Key Market Research Statistics

Backlinko

Market research is a growing multi-billion-dollar industry. Brands leverage market research insights to introduce customer-focused offerings and improve their experiences. Online/mobile quantitative research services accounted for 35% of worldwide revenues of market research companies.

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5 Simple Ways to Improve Your Pricing

Hubspot Marketing

Researchers in 2018 found the effect still holds true today. But some smart marketers would disagree. One study from the 2011 Journal of Marketing Research looked at soup sales at American grocery stores. Adding an expensive premium decoy makes your standard option seem more appealing.

Price 95
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When to show off that you’re a new brand

Ariyh

You have two options: Product A, from a startup founded in 2018 Product B, from a brand established in 1865 This time, which one would you choose? chose the older brand (1865 vs 2018) for a wooden armchair. Journal of Marketing Research (May 2023) 🏫 Researchers Yaeeun Kim.

Branding 110
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Shifts in data privacy are forcing a return to marketing fundamentals

Search Engine Land

The European Union adopted the General Data Protection Regulation (GDPR) almost six years ago in 2018. Google and regulatory bodies are responding by implementing security measures of their own: Google will eventually remove cookie tracking (user-level browser tracking) in favor of a Privacy Sandbox solution.

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The Impact of Extended Reality on Business

Zumvu

Market Research shows that Extended Reality (XR) will reach a market size of $209 billion by 2022, up from only $27 billion in 2018. The digital ecosystem is evolving and expanding each day significantly.

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Tech Marketers Think Outside the Buyer’s Journey [New Research]

Content Marketing Institute

As you can see in the report, Technology Content Marketing 2018: Benchmarks, Budgets, and Trends—North America, sponsored by IDG Communications, Inc. In 2018, only 67% answered that way. Least successful technology marketers: While 39% said they focused on the buyers’ journey in 2017, only 24% said they did in 2018.

Marketing 105
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10+ Examples of Awesome Integrated Marketing Campaigns

SocialPilot

That is when they devised the “The Truth Is Hard” campaign, one of the most effective integrated marketing campaigns, launched for the first time on 26th February 2017. In 2018, The New York Times published a simple video demonstrating the clarity of news production in its office.