Market Research is the Key to Your Business Success: Here’s Why

Today’s customers are smarter than you think. They are capable enough to research your product and make buying decisions on their own. With this in mind, you have to adopt new technologies and learn market trends. You have to understand your customers’ preferences, feelings, and attitudes. For that, you need to do market research. Market research is the core of your every successful business strategy. It’s the one and only way to get a deeper knowledge about your customers, competitors, and most importantly, your employees.

And market research is the answer to all your business issues. This will help you to test new products, launch a new service, and identify potential leads. To make your research efforts more accurate, we’re sharing different market research types to make sure you have all the information. Read on to learn more about them.

#business-strategy #business #online-marketing #market-research #product-market-fit #chatbots #typeform #online-business

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Market Research is the Key to Your Business Success: Here’s Why

Market Research is the Key to Your Business Success: Here’s Why

Today’s customers are smarter than you think. They are capable enough to research your product and make buying decisions on their own. With this in mind, you have to adopt new technologies and learn market trends. You have to understand your customers’ preferences, feelings, and attitudes. For that, you need to do market research. Market research is the core of your every successful business strategy. It’s the one and only way to get a deeper knowledge about your customers, competitors, and most importantly, your employees.

And market research is the answer to all your business issues. This will help you to test new products, launch a new service, and identify potential leads. To make your research efforts more accurate, we’re sharing different market research types to make sure you have all the information. Read on to learn more about them.

#business-strategy #business #online-marketing #market-research #product-market-fit #chatbots #typeform #online-business

Carmen  Grimes

Carmen Grimes

1595491178

Best Electric Bikes and Scooters for Rental Business or Campus Facility

The electric scooter revolution has caught on super-fast taking many cities across the globe by storm. eScooters, a renovated version of old-school scooters now turned into electric vehicles are an environmentally friendly solution to current on-demand commute problems. They work on engines, like cars, enabling short traveling distances without hassle. The result is that these groundbreaking electric machines can now provide faster transport for less — cheaper than Uber and faster than Metro.

Since they are durable, fast, easy to operate and maintain, and are more convenient to park compared to four-wheelers, the eScooters trend has and continues to spike interest as a promising growth area. Several companies and universities are increasingly setting up shop to provide eScooter services realizing a would-be profitable business model and a ready customer base that is university students or residents in need of faster and cheap travel going about their business in school, town, and other surrounding areas.

Electric Scooters Trends and Statistics

In many countries including the U.S., Canada, Mexico, U.K., Germany, France, China, Japan, India, Brazil and Mexico and more, a growing number of eScooter users both locals and tourists can now be seen effortlessly passing lines of drivers stuck in the endless and unmoving traffic.

A recent report by McKinsey revealed that the E-Scooter industry will be worth― $200 billion to $300 billion in the United States, $100 billion to $150 billion in Europe, and $30 billion to $50 billion in China in 2030. The e-Scooter revenue model will also spike and is projected to rise by more than 20% amounting to approximately $5 billion.

And, with a necessity to move people away from high carbon prints, traffic and congestion issues brought about by car-centric transport systems in cities, more and more city planners are developing more bike/scooter lanes and adopting zero-emission plans. This is the force behind the booming electric scooter market and the numbers will only go higher and higher.

Companies that have taken advantage of the growing eScooter trend develop an appthat allows them to provide efficient eScooter services. Such an app enables them to be able to locate bike pick-up and drop points through fully integrated google maps.

List of Best Electric Bikes for Rental Business or Campus Facility 2020:

It’s clear that e scooters will increasingly become more common and the e-scooter business model will continue to grab the attention of manufacturers, investors, entrepreneurs. All this should go ahead with a quest to know what are some of the best electric bikes in the market especially for anyone who would want to get started in the electric bikes/scooters rental business.

We have done a comprehensive list of the best electric bikes! Each bike has been reviewed in depth and includes a full list of specs and a photo.

Billy eBike

mobile-best-electric-bikes-scooters https://www.kickstarter.com/projects/enkicycles/billy-were-redefining-joyrides

To start us off is the Billy eBike, a powerful go-anywhere urban electric bike that’s specially designed to offer an exciting ride like no other whether you want to ride to the grocery store, cafe, work or school. The Billy eBike comes in 4 color options – Billy Blue, Polished aluminium, Artic white, and Stealth black.

Price: $2490

Available countries

Available in the USA, Europe, Asia, South Africa and Australia.This item ships from the USA. Buyers are therefore responsible for any taxes and/or customs duties incurred once it arrives in your country.

Features

  • Control – Ride with confidence with our ultra-wide BMX bars and a hyper-responsive twist throttle.
  • Stealth- Ride like a ninja with our Gates carbon drive that’s as smooth as butter and maintenance-free.
  • Drive – Ride further with our high torque fat bike motor, giving a better climbing performance.
  • Accelerate – Ride quicker with our 20-inch lightweight cutout rims for improved acceleration.
  • Customize – Ride your own way with 5 levels of power control. Each level determines power and speed.
  • Flickable – Ride harder with our BMX /MotoX inspired geometry and lightweight aluminum package

Specifications

  • Maximum speed: 20 mph (32 km/h)
  • Range per charge: 41 miles (66 km)
  • Maximum Power: 500W
  • Motor type: Fat Bike Motor: Bafang RM G060.500.DC
  • Load capacity: 300lbs (136kg)
  • Battery type: 13.6Ah Samsung lithium-ion,
  • Battery capacity: On/off-bike charging available
  • Weight: w/o batt. 48.5lbs (22kg), w/ batt. 54lbs (24.5kg)
  • Front Suspension: Fully adjustable air shock, preload/compression damping /lockout
  • Rear Suspension: spring, preload adjustment
  • Built-in GPS

Why Should You Buy This?

  • Riding fun and excitement
  • Better climbing ability and faster acceleration.
  • Ride with confidence
  • Billy folds for convenient storage and transportation.
  • Shorty levers connect to disc brakes ensuring you stop on a dime
  • belt drives are maintenance-free and clean (no oil or lubrication needed)

**Who Should Ride Billy? **

Both new and experienced riders

**Where to Buy? **Local distributors or ships from the USA.

Genze 200 series e-Bike

genze-best-electric-bikes-scooters https://www.genze.com/fleet/

Featuring a sleek and lightweight aluminum frame design, the 200-Series ebike takes your riding experience to greater heights. Available in both black and white this ebike comes with a connected app, which allows you to plan activities, map distances and routes while also allowing connections with fellow riders.

Price: $2099.00

Available countries

The Genze 200 series e-Bike is available at GenZe retail locations across the U.S or online via GenZe.com website. Customers from outside the US can ship the product while incurring the relevant charges.

Features

  • 2 Frame Options
  • 2 Sizes
  • Integrated/Removable Battery
  • Throttle and Pedal Assist Ride Modes
  • Integrated LCD Display
  • Connected App
  • 24 month warranty
  • GPS navigation
  • Bluetooth connectivity

Specifications

  • Maximum speed: 20 mph with throttle
  • Range per charge: 15-18 miles w/ throttle and 30-50 miles w/ pedal assist
  • Charging time: 3.5 hours
  • Motor type: Brushless Rear Hub Motor
  • Gears: Microshift Thumb Shifter
  • Battery type: Removable Samsung 36V, 9.6AH Li-Ion battery pack
  • Battery capacity: 36V and 350 Wh
  • Weight: 46 pounds
  • Derailleur: 8-speed Shimano
  • Brakes: Dual classic
  • Wheels: 26 x 20 inches
  • Frame: 16, and 18 inches
  • Operating Mode: Analog mode 5 levels of Pedal Assist Thrott­le Mode

Norco from eBikestore

norco-best-electric-bikes-scooters https://ebikestore.com/shop/norco-vlt-s2/

The Norco VLT S2 is a front suspension e-Bike with solid components alongside the reliable Bosch Performance Line Power systems that offer precise pedal assistance during any riding situation.

Price: $2,699.00

Available countries

This item is available via the various Norco bikes international distributors.

Features

  • VLT aluminum frame- for stiffness and wheel security.
  • Bosch e-bike system – for their reliability and performance.
  • E-bike components – for added durability.
  • Hydraulic disc brakes – offer riders more stopping power for safety and control at higher speeds.
  • Practical design features – to add convenience and versatility.

Specifications

  • Maximum speed: KMC X9 9spd
  • Motor type: Bosch Active Line
  • Gears: Shimano Altus RD-M2000, SGS, 9 Speed
  • Battery type: Power Pack 400
  • Battery capacity: 396Wh
  • Suspension: SR Suntour suspension fork
  • Frame: Norco VLT, Aluminum, 12x142mm TA Dropouts

Bodo EV

bodo-best-electric-bikes-scootershttp://www.bodoevs.com/bodoev/products_show.asp?product_id=13

Manufactured by Bodo Vehicle Group Limited, the Bodo EV is specially designed for strong power and extraordinary long service to facilitate super amazing rides. The Bodo Vehicle Company is a striking top in electric vehicles brand field in China and across the globe. Their Bodo EV will no doubt provide your riders with high-level riding satisfaction owing to its high-quality design, strength, breaking stability and speed.

Price: $799

Available countries

This item ships from China with buyers bearing the shipping costs and other variables prior to delivery.

Features

  • Reliable
  • Environment friendly
  • Comfortable riding
  • Fashionable
  • Economical
  • Durable – long service life
  • Braking stability
  • LED lighting technology

Specifications

  • Maximum speed: 45km/h
  • Range per charge: 50km per person
  • Charging time: 8 hours
  • Maximum Power: 3000W
  • Motor type: Brushless DC Motor
  • Load capacity: 100kg
  • Battery type: Lead-acid battery
  • Battery capacity: 60V 20AH
  • Weight: w/o battery 47kg

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Ava Watson

Ava Watson

1595834864

Get To Know Everything About The Business Research Assignment

The process to avail all the information about the areas of business in detail and using this information to maximize the profit of the business is known as business research. Business research helps in determining which product or service will get the maximum profit. Business research is acquiring knowledge about the professional purpose to determine the goals in business. Business research broadly means, surveying the general public and asking them questions to know how and where to spend money to increase market share, sales, and profit.
Advantages of business research

  1. Business research identifies opportunities and threats.
  2. Business research helps in decision making and tackle the problem identified cautiously.
  3. It helps in better communication with the customers and stakeholders.
  4. Conducting business research in advance minimizes risk and uncertainties.
  5. Business research also helps in planning the finances and investments that will be needed.
  6. Research also helps in tracking competition and analyzing the threats.
  7. Financial decisions are also made through business research.
  8. Business research is also done by the business to keep up with the latest trends of the market and innovate the business strategies.

Disadvantages of business research

  1. The business research process is costly and time-consuming.
  2. Business research decisions are mostly based on assumptions.
  3. Sometimes the business research decisions can be biased or inappropriate.

Business research is done through various methods. These methods are;

Quantitative research methods

  1. Survey research- The survey involves asking questions to the audience through different modes such as online polls, questionnaires, etc.
  2. Correlation research- correlation research understands the relationship between two entities.
  3. Casual comparative research- this is a method based on the comparison.
  4. Experimental research- experimental research proves a theory.it helps in business research by helping in knowing the behavioural traits of its consumers.
  5. Online research or literature research- it is the most economical method. There is a lot of information available online and in books that can be gathered and analyzed.

**Qualitative research methods **

  1. Interview- an interview is very similar to the survey. The difference is that the respondents can answer the questions according to their wishes. There are open-ended questions. They can change the subject and give answers according to their preference.
  2. Focus group- to understand the opinions and behaviours of a set of individuals is known as focus groups.
  3. Ethnographic research- it is the most challenging research and gives the most precise research. In this research, the researchers adapt to the natural environment and observe the audience.
  4. Case study research- case study is the most important research method in business research.
    Business research is the most important way to understand what the customer needs. It is widely growing in the business sector. Business research assignments are becoming very important in a student’s life. To complete the business research assignment some online experts help the students. These experts provide quality assignments within the deadline. These experts are well trained and qualified in writing business research assignment.

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DK Business Patron launched its new Global Market Research & Analysis

DK Business Patron is one of the most revered and known outsourcing company based in India that has its roots spread all across the world. Holding a substantial market share in outsourcing processes they hold pride in their extensive client base.
The organization has been continually walking on the path of development and expansion for a long time and comes up with inventive departments that serve the growing business needs across the world. Accounting for the extensive business competition that organizations have to go through in every industry, their team has come up with an extremely inventive idea of launching a new global market research and analysis division of its own. This new development has recently been launched and has created a hustleamidst its top competitors across the globe as this proposition brings for DK Business Patron huge baggage of possibilities.
Over the years, the dedicated team of DK Business Patron has earned for itself success from all professional quarters diving into multiple collaborations and expansion plans seeking an upper hand in front of their competitors. The organization believes that the reason for their success is their continued dedication towards their client base and their vision of coming up with solutions that their clients look for and would require shortly.
Market research and analysis is one such process that serves as thebuilding blocks for shaping a successful future for any product or service to establish a sense of loyalty and visible presence beyond the market barriers and competitive elements. Even though research and analysis are often mentioned together, both of these are separate entities that require dedication and deserve at most attention in their forms to help make the process fruitful and profit-generating for the parent organization. Market research and analysis need not only be integrated within themselves but also with other core processes of any business thereby continual need of aligning market research and analysis with the core operations is felt.
As **market research and analysis **require experienced leadership and highly trained professionals to handle this diverse operation, it might become a tedious and economically hefty task for organizations to look for experienced and qualified personnel to get the job done. Other than beingfinancially draining,managing and integrating this precise process with other core business operations is a necessary yet time-consuming task if taken care of in house. These are the key reasons cited by DK Business Patron as to why they came up with a global market research and analysis division for outsourced market research and analytics services.
The organization has also citedmultiple benefits that organizations will reap if they associate with DK Business Patron global market research and analysis division. The key benefit highlighted the most was that research and analysis outsourcing services provided by DK Business Patron are guaranteed at the lowest cost per insight irrespective of the area of work or organization type and would also include industry analysis.They have stated it as an extremely cost-effective and performance-enhancing approach and that outsourcing this process to DK Business Patron will yield and maintain an excellent quality of work throughout.
Concerning the developments that DK Business Patron and their experienced team have been continually making in recent times, such expansions are quite expected shortly as well. What’s there to wait for is the segments and operations that they choose to dwell in and make the most out of. The diligent team at DK Business Patron is always engaged in bringing to their customers skilled and trained professionals to enhance the success ratio of their overseas partners that have trusted them with internal processes. Looking at the success ratio and client engagement and retention that this organization has maintained for quite a long period now it is being anticipated by market analysts that DK Business Patron will again set a benchmark in terms of outsourced Business Process Outsourcing services in India.
The reverence and word-of-mouth of this leading business outsourcing organization are attaining volume day by day and has a good impact on their International relationships with overseas clients. This makes DK Business Patron a success not only nationally but across the globe having clients from different backgrounds and different countries trusting them with their core processes for quite a time now.

#outsourcing company #outsourcing company based in india #research and analysis #market research and analysis #new global market research and analysis #outsourced market research and analytics

Ashish parmar

Ashish parmar

1626875853

Importance of Market Research Before You Get a Mobile App Developed

With the infusion and escalated use of technology, the mobile app market has grown by leaps and bounds, especially in the last decade. Further estimated researches show that the size of the mobile app market will reach $407.31 billion by the year 2026. Thus, if you have some trending app ideas then this is the best time to invest in mobile app development.

Since the mobile app market is very dynamic, keeping up with the changing trends becomes very important. For doing this, in-depth market research before developing a mobile app is a very vital factor. The importance of mobile app market research can be realized from the fact that it gives the company valuable insights into their competitors. In addition, it gives you a clear idea about your own strengths and weaknesses as well.

The performance of mobile apps in the modern era depends significantly on the behind-the-scenes research work. Many studies have shown that mobile apps developed without adequate research die a premature death at the app store. Statically, around 72% of the upcoming mobile apps fail to make their mark on the market because of lousy research work.

This article will discuss why market research for your mobile application is needed and the difference it can bring into your overall business ROI.

How Market Research can help with successful Mobile App Development?
“In the long run, curiosity-driven research just works better. Real breakthroughs come from people focusing on what they’re excited about.” – Geoffrey Hinton, Psychologist and Computer Scientist

The business of mobile app development is very dynamic and it purely depends on the changing needs and wants of the customers. Doing market research is very crucial to build your stunning mobile app. Therefore, the businesses need to remain on the top of their game as far as knowing the latest market trends are concerned.

Due to its ever-changing nature, developing a mobile app is a very tough nut to crack. And without adequate market research, the whole process can become directionless in no time. The businesses wouldn’t know who their targeted audience are, which market is best for their mobile application, and most importantly the set of features to be bifurcated as must haves’ and which features to be added later as additional ones’.

In addition, full-throttle market research also helps in keeping the app development project within budget. It also assists the marketing team in coming up with unique ideas and enhancing the mobile application’s popularity.

A detailed analysis of the market for your business app will give you valuable insights and stop you from making terrible mistakes. Moreover, as you will understand the customers’ pain points, you wouldn’t cram the mobile app with unnecessary features.

With an increase in the number of options available, the patience levels of the users are declining at a rapid rate. They will instantly discard the mobile app if it keeps them waiting to do important tasks.

The in-depth market research also helps you become the pioneer in your industry using mobile apps as the platform to help your business reach greater heights.

Advantages of market research
The benefits that the businesses gain from market research for getting a cutting-edge mobile app developed are immense. We have listed some of the top advantages below:

Faster data collection
Market research for mobile apps allows faster data collection. This is one of the prominent answers to the question ‘why is app market research recommended as a must-do strategy?’ As the new-age customers use their smartphones more than any other device, it is easier to get faster responses through an app.

Better Insights
While doing in-depth research, the insights are not limited just to text-based questions. You can gauge the customer’s behavior from various touchpoints like their social media platform, photos, audio, video, etc. The market research gives you a more diverse data set for further analysis.

Enhances the brand value
The needs and wants of the consumers are constantly changing. Thus, it becomes difficult for businesses to find their core audience to target or which sections of a market will be more interested in their mobile application. Market research helps in fostering the customer-brand relationship and eventually increasing the brand value.

Better results
Through stoic mobile app market research, you can increase the usability of your mobile app. Various market research shows that 80% of smartphone users check their phone within 15 minutes of waking up. Thus, the more you engage with your customers on the mobile app, the more chances you will grow your business.

The process to conduct mobile app market research
It is inevitable for the business houses to have a clear idea about conducting their market research. Moreover, there is no explicit template that defines ways to conduct market research. In the quest to stand unique from its peers, each business conducts the research in its own way.

Broadly, the process of market research is categorized into two major categories:

Primary Research:
In Primary Research, the company must define the actual need of the app in the market. After this, they must design an optimal business model to keep the app relevant in the market. Once the business model is finalized, optimizing the marketing strategy for the app becomes the next step. Marketing strategy holds much more significance in the modern market as customers are more inclined towards personalized services.

Secondary Research:
Secondary Research mainly focuses on the main strength of the mobile app. When you define the core strength of the mobile app, bifurcating your target audience becomes easy. In addition, the company can optimize its social media strategy and cater to each of their targeted customers individually.

Continue to read : Importance-market-research-before-mobile-app-developed

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