Trends Report

Maximize Consumer Market Research In A Recession

Strategies To Optimize Available Budget And Increase Organizational Awareness

May 15th, 2009
JA
Jacqueline Anderson
With contributors:
Reineke Reitsma , Bailey Liackman

Summary

With many research budgets being cut this year, it's critical to maximize the budget that's still available. It's also critical to let the organization know exactly how useful its investment in research is. Simple steps taken by the research team can help convert dwindling budgets into added insights for the organization. By conducting some basic organizational research and implementing some simple tasks, the market research team can prepare itself to deliver the most cost-effective, high-impact projects possible. While the threats of recessionary cutbacks can be worrisome, this unique time affords market researchers the opportunity to gain more visibility throughout the organization while also holding more control over the research plan.

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