Some of the syndicate research market players are showing a growth figure of 110%, this alone explains the amount of profit the syndicate research market is generating. Companies are more focused on purchasing syndicate reports then going for costly customized reports and this is the major reasons why a market research company invest its funds and time in conducting a syndicate research without any assurance of recovering its cost.
A research study which is directed and subsidized by a statistical surveying firm yet not for any particular customer is known as a syndicated research. The consequence of such research is frequently given as reports, presentations, crude information and is made accessible in open business for anybody to buy.
In syndicated research the research issue and extent of research is defined by statistical surveying organizations taking into account their experience and technique. In this way they frequently require refinement when you need to utilize them as a part of lieu of custom statistical surveying.
Let’s attempt to comprehend different components identified with syndicated research like why its led, what's its utilization, who ought to utilize it, when to utilize it and how one can benefit for using it.
First and foremost let’s discuss about the reason behind conducting a syndicated research?
I would like to first specify some of the common reasons of conducting syndicated research:
Company’s purchase syndicated reports in order to upgrade their knowledge base on key commercial enterprises on which they specialize or wish to specialize.
In some cases companies opt for syndicate reports instead of customised reports in order to save time as well as money.
Some companies use syndicate reports as a promotional tool for their publicity.
As we all know that world of syndicate reports have changed and the syndicate report companies are preparing very detailed and in-depth study on topics. Therefore these report are also used for various strategic decisions.
The reports are also used for updating industry database and kept in company library for future reference.
Now as promised let’s discussed about the uncommon reasons of conducting syndicate research:
Some of the syndicate research market players are showing a growth figure of 110%, this alone explains the amount of profit the syndicate research market is generating. Companies are more focused on purchasing syndicate reports then going for costly customised reports and this is the major reasons why a market research company invest its funds and time in conducting a syndicate research without any assurance of recovering its cost.
When companies use syndicated research?
Syndicated research reports ought to be utilized in exploratory research methodology to increase more data around a business, industry or organization at a lesser expense and in shorter time compass. Numerous organizations giving syndicated research reports regularly give customization benefits as well.
This can truly help you recognize the organizations you ought to be requesting research recommendations in future when you need to proceed with custom statistical surveying.
In short when you are assembling your insight base around a business/research issue and would prefer not to spend gigantic sum or have less time you ought to utilize syndicated research reports.
I have met with lot of people who think that syndicate research reports are overpriced. I don’t think so because it takes a lot of effort and time in order to prepare a research report which can be good enough to provide the intellectual data to its buyer.
Collecting primary data for any research finding a very tedious job and requires full focus and planning therefore the price quoted for the findings and the actual market number is worth paying the price.
A syndicate report is priced within a band of USD 100 to USD 20,000 in general. The prices of reports are directly proportional to the efforts taken into preparation of the reports.
Now, if I compare this price with an average customised report, I must say it’s nothing. Any customised report would cost its user at least a sum ofUSD 20,000 which I believe is a huge amount.
Why Customised reports are more expensive then Syndicate reports?
Customised reports are more expensive because it’s very specific in nature and can be only useful to the specific player for whom the research is conducted. The research report is totally customised as per clients need and requirement; therefore no other player can be benefited from the research.
Here comes the last and the most important question, where you can get good quality syndicated research report?
Top B-schools Library (Only if you have access to their database)
Industry Associations (but it’s not very useful as it does not provide the micro level analysis)
Syndicate Research Report websites (Yes, this is the place where you can get most relevant reports as per your need) Some of the top players in the industry are as follows:
You May Also Follow Us On:
LinkedIn I Facebook I Twitter I Google+ I Blog I Word Press
A research study which is directed and subsidized by a statistical surveying firm yet not for any particular customer is known as a syndicated research. The consequence of such research is frequently given as reports, presentations, crude information and is made accessible in open business for anybody to buy.
In syndicated research the research issue and extent of research is defined by statistical surveying organizations taking into account their experience and technique. In this way they frequently require refinement when you need to utilize them as a part of lieu of custom statistical surveying.
Let’s attempt to comprehend different components identified with syndicated research like why its led, what's its utilization, who ought to utilize it, when to utilize it and how one can benefit for using it.
First and foremost let’s discuss about the reason behind conducting a syndicated research?
I would like to first specify some of the common reasons of conducting syndicated research:
Company’s purchase syndicated reports in order to upgrade their knowledge base on key commercial enterprises on which they specialize or wish to specialize.
In some cases companies opt for syndicate reports instead of customised reports in order to save time as well as money.
Some companies use syndicate reports as a promotional tool for their publicity.
As we all know that world of syndicate reports have changed and the syndicate report companies are preparing very detailed and in-depth study on topics. Therefore these report are also used for various strategic decisions.
The reports are also used for updating industry database and kept in company library for future reference.
Now as promised let’s discussed about the uncommon reasons of conducting syndicate research:
Some of the syndicate research market players are showing a growth figure of 110%, this alone explains the amount of profit the syndicate research market is generating. Companies are more focused on purchasing syndicate reports then going for costly customised reports and this is the major reasons why a market research company invest its funds and time in conducting a syndicate research without any assurance of recovering its cost.
When companies use syndicated research?
- Syndicated research is frequently utilized during an exploratory research. It is also utilized by companies under following cases:
- Companies use syndicate research reports in order to discover data about a specific sector before investing in full scale custom statistical surveying.
- Syndicate reports are used in case of urgency when companies don’t have time to perform a detailed custom research.
- Syndicate reports can be of great help in presenting a research paper in conference at a very short notice.
- Syndicate reports are used when there isn’t a definite research plan.
- Research proposal always requires hard facts and data’s which can be extracted from a syndicate report.
- Syndicate reports are used by many news organizations for formulating stories that can go viral.
Syndicated research reports ought to be utilized in exploratory research methodology to increase more data around a business, industry or organization at a lesser expense and in shorter time compass. Numerous organizations giving syndicated research reports regularly give customization benefits as well.
This can truly help you recognize the organizations you ought to be requesting research recommendations in future when you need to proceed with custom statistical surveying.
In short when you are assembling your insight base around a business/research issue and would prefer not to spend gigantic sum or have less time you ought to utilize syndicated research reports.
Cost......................Cost.....................Cost?
I have met with lot of people who think that syndicate research reports are overpriced. I don’t think so because it takes a lot of effort and time in order to prepare a research report which can be good enough to provide the intellectual data to its buyer.
Collecting primary data for any research finding a very tedious job and requires full focus and planning therefore the price quoted for the findings and the actual market number is worth paying the price.
A syndicate report is priced within a band of USD 100 to USD 20,000 in general. The prices of reports are directly proportional to the efforts taken into preparation of the reports.
Now, if I compare this price with an average customised report, I must say it’s nothing. Any customised report would cost its user at least a sum ofUSD 20,000 which I believe is a huge amount.
Why Customised reports are more expensive then Syndicate reports?
Customised reports are more expensive because it’s very specific in nature and can be only useful to the specific player for whom the research is conducted. The research report is totally customised as per clients need and requirement; therefore no other player can be benefited from the research.
Here comes the last and the most important question, where you can get good quality syndicated research report?
Top B-schools Library (Only if you have access to their database)
Industry Associations (but it’s not very useful as it does not provide the micro level analysis)
Syndicate Research Report websites (Yes, this is the place where you can get most relevant reports as per your need) Some of the top players in the industry are as follows:
- Wise Guy Reports
- Market Research
- Research and Market
- ASD Reports
You May Also Follow Us On:
LinkedIn I Facebook I Twitter I Google+ I Blog I Word Press
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