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I relish the chance to research topics and ideas and discover the unexpected ways they connect. And while I may relax that way in my personal life, I also use those skills in business, where I conduct B2B marketresearch to build marketing strategies and plans. Table of Contents What is B2B marketresearch?
Marketers are tapping into AI’s analytics and research capabilities in higher numbers than for genAI content production, according to a new survey of over 1,200 marketers by adtech platform Mediaocean. The same marketers are also keeping a watch on consumer interest in AI and other trending technologies.
Marketresearch is indispensable for businesses, guiding strategies and decisions with data-driven insights. This diminishes the research’s value and weakens marketing’s credibility. The issue often lies not in the research quality, but in how it is treated post-delivery. Incorporating new data sources.
Editor’s note: The below is an excerpt from the authors’ book, “ The Consumer Insights Revolution: Transforming marketresearch for competitive advantage ,” published by Rethink Press (September 16, 2024). To create your integrated marketresearch process, you must first define the goals you want to support.
Diversify Your Markets When a trade war impacts a specific country or region, over-reliance on that market can be risky. Instead, consider expanding to alternative markets that are not directly affected by trade restrictions. Consider nearshoring to bring production closer to your target market.
Your research and development team has been working on a new product for months and putting valuable resources into its design and manufacturing. They’ve carefully researched the market and the problem they intend to solve — and now it’s time to let your productmarketing manager work their magic.
As companies scale, marketing leaders face increasing pressure to deliver results with limited resources while adapting to evolving market dynamics. Marketing must drive the transition from problem-market fit to product-market fit. Here’s why it matters and how it can be done.
They can research your product or service and make purchase decisions entirely on their own. With this in mind, have you adapted your marketing strategy to complement the way today's consumers research, shop, and buy? Enter: MarketResearch. Why do marketresearch?
Finding out if a product will be successful beyond the initial curiosity is just good business. With marketresearch, you determine whether the opportunity exists, how to position the product or service, or what consumers' opinions are after the launch. He told me, "Glimpse is my favorite research tool.
For example, let’s say you’re an online footwear apparel company and you notice that one of your products gets returned more frequently than others. AI automates boring data analysis tasks, freeing up researchers to focus on big-picture thinking and new ideas, making them more productive and innovative.
As marketers, it’s our job to know our target audience’s needs and preferences. It’s why we conduct marketresearch every year to better understand what our customers want and uncover new business opportunities. But sometimes marketresearch alone isn’t enough, especially when consumer preferences can change overnight.
Having accurate, insightful information gives you the chance to deliver the best products, write the best messages, and build engagement and customer loyalty. That’s why marketers regularly conduct marketresearch, investigating industry trends, gathering feedback, and surveying focus groups to try and glean whatever information they can.
That quaint 20th century practice of getting people to sit around a table and talk about a product is still with us. Marketers still use it to gain insights into why consumers want to buy something. Risk of spreading the virus back in 2020 shut down any chance of getting a dozen total strangers into a room to talk about a product.
Like a tree falling in the woods, if you plan a product launch without spreading the word — will anyone use it? Whether you're launching something huge, something small, or you're updating a current offering, you'll want to start your preparation well in advance of the launch date with a product launch checklist. Probably not.
Instead of tossing ideas into the void and hoping they resonate, there’s a more strategic approach at your fingertips: content marketingresearch. Quick Takeaways Content marketingresearch is essential to making sure your content resonates with your audience and offers unique insights.
Marketresearch is a growing multi-billion-dollar industry. Brands leverage marketresearch insights to introduce customer-focused offerings and improve their experiences. Online/mobile quantitative research services accounted for 35% of worldwide revenues of marketresearch companies.
Take the scenario of an innovative engineering-focused consumer products company looking to develop a new brand proposition for the market. Instead, they may evaluate a product or service based on features and benefits that reflect a sense of innovation and relevance to their lifestyle. Get MarTech! In your inbox.
How is your product different from the others? These are the concerns at the heart of product differentiation. And, though they are deceptively simple, developing a compelling product differentiation strategy requires a deep understanding of the market, the competition, and the target audience. Customer service insights.
The more discoverable your brand is, the greater the likelihood that consumers will keep you top of mind when they need a particular product or service. Brand resonance Its one thing to get your brand or product in front of people. Of course, this is intel that can inform your go-to-market strategy and creative campaigns.
Here are six ways agency and brands can extract value from Reddit marketing. Research Although Reddit experienced some API controversy, third-party platforms can still access its API as of now. Marketers also can use it for content inspiration, taking cues from the audiences that they care the most about.
Understand Understanding is the foundation of all marketing activities. Knowing how customers relate to a product, identifying key pain points and crafting messaging that resonates with the target audience all stem from understanding roles. Additionally, synthetic personas help test and validate product value and messaging.
” AI bots are starting to deliver on that promise in marketresearch data, to the detriment of research practitioners and their clients. Dig deeper: How to make the most of your marketresearch data How did we detect them? Last year’s focus was mainly on application and production.
Until scientists figure out time machines or immortality, we’re stuck with adopting methods to remain productive and better use our time. Read on for more data from our AI Proof & Positioning Report and The HubSpot Blog’s State of AI Report , which surveyed 1100 marketers. AI Productivity Tools 1.
Or what about Brainfish to help users self-learn about your product at scale in a contextual way? Automating repetitive tasks boosts productivity and reduces costs. Personalization, powered by genAI, allows marketers to create tailored interactions that increase conversions, customer loyalty and revenue. Scalability.
Recently, I’ve begun using it for research-oriented tasks and have found it to be really helpful in two key areas: product discovery and company/product positioning. When I’m using generative AI for research work, I’ve found that I get the best results by using multiple products simultaneously.
Understanding Your Market Before all else, you’ll need to understand your specific market. This step begins with thorough marketresearch. Your Target Audience Knowing your target audience is essential because it allows you to tailor your marketing strategies to meet their specific needs and preferences.
Testers to our core, we’ve not only been developing these innovations, but testing them too—thanks to our very own marketing organization and select customers. Hint : Some seriously dramatic shifts in productivity , creativity , and performance. And the results and learnings? We just had to share.
In my experience, you need a lot of patience when doing a SWOT analysis; it requires marketresearch and competitive analysis to become truly accurate. Customer Analysis In this part of the marketing plan outline, you get plenty of space to share all the data you collected during your marketresearch.
Responsibilities GTM engineer / GTM ops engineer Develop and implement go-to-market strategies. Analyze market trends and customer data to inform product positioning. Collaborate with sales, marketing, and product teams to ensure alignment on GTM initiatives. Analyze performance metrics to refine growth strategies.
For this use case, generative AI increased my productivity while maintaining the quality of the deliverable. Dig deeper: Data analysis and marketresearch top list of AI use cases Use case 2: Receive persona feedback on your marketing campaigns This use case is more fun than the first one.
But if you want to know what people really think about products, brands, trends, or industries Reddit is where youll find the unfiltered truth. The people we surveyed most frequently engage with: Product reviews and recommendations (46%). However, not all product review content is created equal. News and current events (46%).
But if you want to know what people really think about products, brands, trends, or industries Reddit is where youll find the unfiltered truth. The people we surveyed most frequently engage with: Product reviews and recommendations (46%). However, not all product review content is created equal. News and current events (46%).
What are the 4 Ps of marketing? For over 60 years, these four elements have been the cornerstone of many successful marketing strategies. People still want great products, fair prices, convenient access, and compelling reasons to buy. Mastering these four elements is what separates good marketing from great marketing.
It helps you understand your market better, so you can make smart choices about where to focus and how to stand out. Competitive Intelligence vs. MarketResearch Competitive intelligence and marketresearch are both important methods of gathering data to make smarter business decisions. Make product enhancements?
The focus of most B2B companies is developing products and services customers need. It falls on marketing to get that data, usually via event registrations, website forms and the like. Selling them requires detailed customer information. Sometimes that isn’t enough, which is why data enrichment providers exist.
Businesses can leverage ChatGPT to draft blog articles, craft compelling social media posts, and create persuasive marketing copy. For example, a company launching a new product can use ChatGPT to generate promotional posts and blog entries, maintaining a cohesive and professional tone.
A few tools and resources I recommend to learn more about your audience are marketresearch , social media analytics, and customer surveys. Those who will be impacted by the community: If your community is external facing, you’ll want to involve marketing teams because the answers you’re seeking will have the most impact on them.
Unlike traditional methods that might rely on a single consultant’s perspective or limited marketresearch, this AI-driven approach provides multiple viewpoints simultaneously. Who has the highest content production costs? In other words, it’s like having several strategic consultants at the table.
Your Product Second, you need to think about your product. How can you present the product in the most favorable light? How does your brand interact with its audience and its core products? Before you can get an audience excited, you need to truly understand them, and that usually means engaging in marketresearch.
Find out what people really think about your competitors and compare that to the sentiment towards your products or services. In this way, Reddit reveals what traditional search engines cant: emerging micro-movements that show why people buy and whats really missing from the market.
Some interesting AI data points in the news: AI marketing assistant is the fastest-growing job in marketing with 21% projected job growth, according to a Linkee.ai Marketresearch analysts have the lowest unemployment rate, 3.2%, according to the same study.
With these modern tools, we can uncover what drives customer perceptions of our products and services. The good news is that recent advances in language models make it possible to revisit sentiment analysis in new and exciting ways.
” Now, more than ever, you need a clever product and a smart marketing strategy to stand outa strategy that will make the difference between stagnation and steady growth. These are 6 of the most powerful marketing strategies that will help your brand rise above the noise and capture your ideal customer’s attention.
Lets take a glance: Semrush Similarweb Primary Focus Competitor intelligence and SEO analysis Competitor intelligence and general marketresearch Traffic Source Breakdown Detailed insights into specific channels More generalized traffic source analysis Keyword Database 26 billion keywords 5 billion keywords Backlink Database 43 trillion backlinks 3.6
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