Jane Crofts’ Post

Beyond Intuition: Empowering Strategic Decisions with Market Research Insights In today's dynamic business landscape, relying solely on intuition can be a risky gamble. Astute leadership requires a data-driven approach to navigate complex market forces and optimize decision-making across the organization. This is where market research emerges as your strategic partner. It goes beyond basic data collection, offering in-depth, actionable insights that illuminate the motivations and behavior of your target audience. Why Market Research is a Top Management's Secret Weapon: Forecasting Market Shifts: Gain a proactive advantage by anticipating emerging trends and competitor moves. You'll be able to adjust your strategy to maintain a competitive edge before disruption occurs. Optimizing Resource Allocation: Market research helps you prioritize investments with greater accuracy. Allocate resources to initiatives with the highest potential for return, ensuring a maximized ROI. Future-Proofing Products and Services: Ensure your offerings remain relevant and in demand. Market research reveals unmet customer needs and informs the development of innovative products and services that resonate with your target audience. Quantifying Customer Lifetime Value: Move beyond sales figures and gain a deeper understanding of your customer lifetime value. This empowers strategic decision-making relative to customer acquisition, retention, and loyalty programs. Mitigating Risk and Seizing Opportunities: Identify potential threats and opportunities early on. Market research helps you develop contingency plans for unforeseen circumstances and capitalize on emerging market trends for accelerated growth. The Result? Data-Driven Confidence in Your Decisions: Strategic Initiatives: Make well-informed decisions regarding product launches, mergers and acquisitions, and market expansion strategies. Marketing and Sales Alignment: Bridge the gap between marketing and sales by aligning strategies with real customer needs and behavior. Investment Justification: Gain concrete data to support investment decisions and secure stakeholder buy-in for critical initiatives. Performance Optimization: Continuously track and refine your strategies for maximum effectiveness. By partnering with a reputable market research firm, you gain access to expert analysis and insights that empower you to make strategic decisions with confidence. Don't leave the success of your company to chance. Embrace the power of market research, with BANAHGRACE NIG. LTD and unlock the full potential of your business. DM me and let's Bridge the gap between market trends and your business goals.

Unique technique to better the IT in any large company really fast. And all of this without the need to hire a big4* for big $. 𝗙𝗿𝗮𝗺𝗲 | 𝗖𝗼𝗻𝘁𝗲𝘅𝘁 | 𝗙𝗮𝗰𝘁𝘀 All big corps have multiple layers of management in place that would effectively act as filters. So closer to the top you are, the more filtered your view on how well things are ACTUALLY working out at the field level. 𝗪𝗵𝗮𝘁 𝘄𝗲 𝗱𝗼 𝗶𝗻 𝗡𝗼𝗻 𝗜𝗧 𝗔𝗿𝗲𝗮𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 You may be familiar with the 𝙐𝙣𝙙𝙚𝙧𝙘𝙤𝙫𝙚𝙧 𝘽𝙤𝙨𝙨. In this show, a person who has an upper-management position at a major business, decides to go undercover as an entry-level employee to discover the faults in the company. Or maybe 𝙈𝙮𝙨𝙩𝙚𝙧𝙮 𝙨𝙝𝙤𝙥𝙥𝙞𝙣𝙜 ? - The method used by organizations that wish to measure the quality of sales and service, job performance, and so on. So why not a 𝗠𝘆𝘀𝘁𝗲𝗿𝘆 𝗜𝗧 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲  ? I believe that any VP or C-level that's serious about improving their org IT performance should try this out. What better way to gather insights about faults and opportunities to improve? Yes, you don't have time for that. You want the fast, simple version of this. But that will be filtered out of facts that most probably matters. Obviously that would be only the first step. Acting on the insights revealed would be necessary. But data is gold. You know what to focus on and why it matters. Another version of this would be a Speak Up campaign where the employees could speak up about what's to be bettered or fixed. But this would come with serious impairments, that would act again as filters. Now tell me, why this 𝗠𝘆𝘀𝘁𝗲𝗿𝘆 𝗜𝗧 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲 approach will never work? Calin ❤️ P.S. Repost for others ♻️

I’ve always believed that any great MD, CEO or senior team will know that when you lead an organisation, you’ll wear many hats, but you have to know when to take one of those hats off to hand to someone else. Afterall, you can’t do it all. Time and time again I’ve heard “sure we could just do that ourselves” when it comes to market research, but I’ve also heard as many times, “turns out we couldn’t” - often some hours and pennies later. Outsourcing market research provides real evidence to support strategies, making it easier to gain stakeholder support and ensure effective business decisions. Accessing specialised knowledge and skills is another great reason to partner with a research consultancy like FN Research. We offer expertise in developing models, forecasting market growth, and identifying trends across various industries, providing a broader perspective than internal teams may get to. A fresh, impartial perspective is invaluable for overcoming internal biases and blind spots. We can gather insights into your organisation or even intelligence on competitors, uncovering detailed insights about their product portfolio, pricing, sales growth, and more. Moreover, outsourcing market research enables businesses to obtain qualitative insights through in-depth interviews with market participants. These insights delve deeper than numerical data, answering critical "why" questions and identifying areas for improvement. Saving time and money is another significant advantage of outsourcing. With faster turnaround times and access to comprehensive insights, companies can avoid the time and resources required for internal research efforts. Working with us allows for flexibility, allowing companies to acquire market research on an as-needed basis without the overhead costs associated with maintaining an in-house team. This flexibility enables businesses to adapt quickly to changing market dynamics and make informed decisions to drive growth and success. Find out more about us at www.fnresearch.co.uk #Research #Marketing #Sales #Belfast #NorthernIreland

Thinking vs. Doing...     In their search for outside expertise, business leaders are seeking one of two things:   1 Thinking – a respected point of view, knowledge, advice, and guidance to help solve a specific business problem.   2 Doing – skill making and managing things, production expertise, done for you services.   Number 2 is a commodity category.   In most professional service categories, buyers have plenty of supply to get things done and providers are easily replaced.   This is especially true for marketing. PR, advertising, and design agencies.   If you’re in the doing side of one of those professional service businesses, you’re already freaked out by the downward pressure of fees and profitability.   Buyers wanting more for less. AI platforms “comin to git cha” are an added threat to your future.   It’s quite likely whatever you’re doing now, may soon no longer be needed.   The only antidote to that bleak future is to move your business into the thinking category.   You do this by being the go-to expert known for specialized expertise to solve a specific high value business problem for a specific type of client.   This takes courage and a bit of time to transform a run of the mill "doing" business into an influential "thinking" business.   Start now. #whitehotcenter #professionalservices #competitiveadvantage

Business Services Industry Analysis - 2030 The Business Services category in market research encompasses a wide range of industry-specific data, including analytics on business consulting, legal services, accounting, marketing, and human resources. As of 2023, the global business services market is valued at approximately $1.4 trillion, with a projected CAGR of 5.6% through 2027. North America holds the largest market share at 35%, followed by Europe at 30% and the Asia-Pacific region at 25%. Key drivers include digital transformation, the increasing complexity of business operations, and the rise of remote work, with emerging trends focusing on AI integration and sustainability practices. Top Companies in Business Services Industry || Rutgers MACC Governmental Accounting || Maybrook DFH® / Maybrook Development Fund Holdings || Madison Street Wealth Advisors of Raymond James® Symlinc LLC || @Evernet Solutions || Iberia Services Private Limited|| Amazon 4 Deals (amazon4deals.com)Generative AI|| Weiner Ventures|| Able HQ CED ELECTRICAL WHOLESALERS MIAMI Schreiber Digital LabsDigital Marketing Agency USA SEO Company, SEM, and affordable PPC Services New York CA, WC, || Entegee || concentrixhiring || Fix Your Credit, Fix Your Life || Crown Services Office Staffing Solutions || Global Business Resource| PrajwalBrilliance| HHS Access2Success || Five Noon || MFU Bank| Tri-Service Open Architecture Interoperability || Global Alliances for Innovative Action (GAIA) Collective™NTAG Red River Medical Officer Programs || Tata America International Corporation| Integra Logistics Independent Associate LegalShield & ID ShieldSuper Health Center || Spherion Technology Austin || Adler, Levy, Jee & Lubin Wealth Management of Raymond James || @Staples Business Division || Laboratory Corporation of America Holdings|| California Hydrogen Convention US Automotive Resources, Inc.| Sullivan Taylor CompanyWNS Procurement|| E Smith Advisors || Weight Watchers International Inc| Greenjacket || Vivid Horizon Group #Business #Services #innovation #management #digitalmarketing #technology #creativity #futurism #startups #marketing #entrepreneurship #money #sustainability #inspiration

🔀 Vanity x Sanity metrics What do you choose? Are you honest with your answer? There are popular metrics that many businesses use. There are unique metrics that businesses develop for their own tasks, based on individual characteristics. All of them can be classified in different ways, for example, based on the area of application. However, sometimes you can find not the most usual examples of categorization. One Forbes expert offers an interesting division of metrics into Vanity and Sanity. 👑 Vanity metrics. These are metrics that can be boasted about in the media space, such as press releases or a brand's social media accounts. Many companies do this with NPS, officially disclosing the figure. Especially if that value is about 90% or higher. How this Net Promoter Score was calculated, of course, no one tells. However, it looks very presentable in the media. Another indicator of vanity, according to experts, can be low staff turnover in the company. Looking closer, could this figure actually mean that the brand isn't recruiting enough new talent or current employees aren't recommending their friends to work for the organization? 💡 Sanity metrics or reasonable metrics. These are any metrics that demonstrate that the company is profitable or going in the right direction. For example, a 1% profit doesn't seem like a big deal, nor does a 1% increase in productivity. These statistics will probably never appear on a brand's social media accounts. Nevertheless, a 1% increase in productivity can lead to increased profits, and a 1% increase in profits will keep the business afloat for the foreseeable future.

The Fire Dudes Llc W: www.thefiredudes.net Building a return on investment (ROI) without limits in your industry requires a strategic blend of innovation, adaptability, and a deep understanding of market dynamics. The first step is to clearly define your business objectives and the metrics that will gauge your ROI. Setting specific, measurable, achievable, relevant, and time-bound (SMART) goals allows you to track performance effectively and identify areas for improvement. Once your objectives are established, it's crucial to leverage data analytics to gain insights into consumer behavior, market trends, and operational efficiencies. By utilizing advanced analytics tools, businesses can make informed decisions that enhance customer satisfaction and drive profitability. Innovation plays a pivotal role in maximizing ROI. Embracing new technologies, such as artificial intelligence, automation, and digital marketing, can streamline operations and enhance customer engagement. For instance, adopting AI-driven tools can optimize inventory management, reduce costs, and improve the accuracy of sales forecasts, allowing for better resource allocation. Additionally, investing in employee training and development fosters a culture of continuous improvement, empowering your team to implement creative solutions that enhance productivity and efficiency. Collaboration and strategic partnerships are also key to building unlimited ROI. Engaging with other businesses, industry experts, and even competitors can lead to the sharing of best practices and resources, opening up new markets and opportunities. This collaborative mindset encourages innovation and can drive significant growth. Lastly, maintaining an agile approach is essential. The business landscape is constantly evolving, and being able to pivot quickly in response to changes in consumer preferences or market conditions is crucial for sustained success. By combining data-driven insights, innovative practices, collaborative efforts, and agility, businesses can build an ROI framework that is not only robust but also scalable, ultimately leading to limitless growth and profitability in their industry. #SustainabilityMatters #Marketing #BusinessDevelopmentProfessionals #RestorationCompanies #InsuranceRestoration #MoldRemediation #SelfSustainedBusiness #BusinessInsights #InsuranceRestorationAdvice #CorporateResponsibility #Recruiting #Headhunting #Jobsearch #businessdevelopment #Restoration #NationWideRestorationContractors #RestorationNetWork #networking, #ProfessionalNetworking #SalesTroubleshooting #Sales #Advertising #AdvertisingMasters

Over the last few months we have been refining our offer and as a part of that came to the realisation that our process of using research and customer/employee/market insights to guide what we do is a powerful and critical part of what we offer. This graphic describes how the research and insights phase of out work helps sense check our customer's challenge. It invariably highlights new opportunities or different ways of solving the problem, essentially recasting the problem. It also deliver better results. The process takes longer than the traditional problem ➡️ solution process but the impact is greater. What we find rewarding about this process is that the solution or new ideas are never far away, you just need to seek them out, consider them and work out how to act on them. Our customers tell us that by us asking the questions we getter better repsonses as we are removed from the day to day customer/client relationship. This focus on insights is why we have decided to talk about the business as an insights agency. If you are interested in accelerating business outcomes then drop me a line. We continue to specialise in the learning, talent and HR markets. #insights #actionableinsights

🚀 The Role of Data in Business Development: A Game-Changer for Growth 📊 In today’s digital-first world, data is more than just numbers—it's the foundation of informed decision-making and business success. Here’s why leveraging data is no longer optional but essential for scaling your business: 🔍 Strategic Insights for Smarter Decisions Data uncovers hidden patterns, market trends, and customer behaviors, empowering businesses to make more accurate and strategic decisions. 👥 Personalization that Drives Engagement With customer data, you can craft hyper-personalized experiences that boost customer loyalty and retention. In fact, companies that leverage data for personalization see 20% higher conversion rates! 📈 Optimized Operations for Maximum Efficiency Data helps you streamline processes, cut down on inefficiencies, and focus your resources where they matter most. ⚠️ Proactive Risk Management By analyzing historical and real-time data, businesses can forecast potential risks and mitigate them before they become costly problems. 🔮 Predicting Future Growth Data isn’t just about the past; it's about predicting the future. Businesses that use data for growth forecasting are better equipped to allocate resources and seize new opportunities. 💡 Curious about how data can fuel YOUR business development? Let's connect and explore how Fox Zenith Solutions can help you craft a data-driven strategy that accelerates your growth. 👉 Ready to get started? Comment below or send me a message! #RPO #Recruitment #StaffingSolutions #TalentAcquisition #BusinessGrowth #DigitalMarketing #VirtualAssistants #ROI #MarketingStrategy #FoxZenithSolutions #Staffing #HRTech #Efficiency #Innovation #recruiter #Hr #Recruiting #candidate #Hiring #Founder #Startup #operations #Sourcing #Customersupport #CostEffectiveMarketing #MarketingTips #BrandAwareness #GlobalReach #DigitalTransformation

Imagine the top data person on your team sends you a message: "got time for a quick chat?" You get a nervous feeling in your stomach. You join the call. They resign. Every experienced data leader knows how painful it is after a top performer resigns. Companies would love for data people to be replaceable cogs, but they aren't. Your best people are incredibly challenging to replace and cause major business disruption when they leave. Similar to salespeople - if your top salespeople close 5X the business of everyone else, losing them is the equivalent of losing multiple other people, and you can't easily find replacements. For the top performers on my teams, I've always done EVERYTHING in my power to avoid this by making sure they are always growing and developing. More than anything - the best people want to grow and will leave if they feel they are getting stuck in their careers. We're coming up on talent reviews in Q4, and with the business climate, I know many data leaders will be looking for creative ways to keep their top performers growing. Sending them to a professional development program is like a cheat code for this. It shows them you want to invest in them and their growth. If they want to grow their ability to drive business impact with data - send them to the Top Data Person 6-month professional development program. And if they want to develop some different skills - send them to a different program for whatever it is they're interested in. These types of programs are inexpensive and have huge ROI. Your people drive more business impact AND they don't leave you. Whatever you do, don't just sit around and do nothing. Invest in your top people. Show them a growth path inside your company. Or they'll need to take matters into their own hands and find a new growth path for themselves without you.