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Table of Contents
We all know that Market research helps companies in developing a successful marketing plan. And it’s one of the reasons why market research is important for businesses seeking to make well-informed decisions. In this post, you’ll be reading about the top 7 market research companies in Mumbai. So, continue reading to know all about the finest market research companies in Mumbai.
It’s quite evident that one must first understand the choices and preferences for your products and services to be well-received by customers. In simple words, Market research gives you crucial information about your competitors and current products. And the outcomes provide you with an understanding of what it takes to succeed in the market.
Let’s first have a look at this concept of market research in the field of business.
Market Research Companies In Mumbai: An Insight Provider
One should know that Market research entails obtaining information on target demographics and consumers for a company to better market itself and, as a result, prosper in the marketplace. It is an essential component of any business strategy, whether it is B2B or B2C, large or little, new or established. It further equips businesses with the information they need to make data-driven decisions that move them ahead rather than backward.
Most businesses understand what market research is and recognize its value in general, but they may not appreciate how significant it is to their business’s growth.
Market research is the answer when you need to uncover market trends, better understand your core customer, or accomplish a long list of other vital objectives.
Now that you know that market research works as an insider that provides a company with crucial data and information, let’s have a look at the types of market research.
Different Types Of Market Research: Use The Most Suitable
Well, the term “market research” encompasses a wide range of operations. In fact, there are different types of market research that you can use to meet your company’s specific objectives. We’ll go over the three different and most important sorts of market research in brief below.
- Brand Research
The goal of brand research is to create or refine your company’s brand to make a strong and positive impact on your target market.
- Competitor Research
Competitor research emphasizes the rivalry to assist you in seeing how your organisation can outperform them.
- Customer Research
Almost all market research incorporates the customer in some way, however, some study is dedicated to better understanding consumers within a specific category.
There are many more like Marketing campaign analysis, customer segmentation research and research on product development, etc. Continue reading to know which companies can do the best market research in Mumbai.
List of 7 Best Market Research Companies In Mumbai
So, are you looking for a reliable market research company in Mumbai? We all know that the global and Indian marketplaces are quickly changing. As a result, every company needs a research partner that can keep up with changing consumer tastes and assist them in determining what their customers want and where their rivals stand.
Additionally, many things need attention before you make an ultimate choice regarding a service provider. To assist you in this respect, we have compiled a list of the best 7 marketing research companies in Mumbai that have a track record of success. This record not only covers the best market research firms in Mumbai, but also details the quality, dependability, and capability of their services.
#1. Surveykshan: No. 1 Market Research Company In Mumbai
E-mail Address: info@surveykshan.com
Phone Number: 8800766787
Website: https://www.surveykshan.com/
Address: Mumbai
If you’re looking for the best Market Research Company in Mumbai, Surveykshan is one of them. The best thing about Surveykshan is that clients can easily benefit from the agency’s deep and comprehensive market research services. Not only that, but on a larger level, Surveykshan is India’s most prominent market research firm.
To get relevant insights, the organisation employs best practices such as quantitative research, qualitative research, data collection, CATI, and online surveys. For Surveykshan, the client’s privacy and satisfaction matter the most. The firm customises services based on what clients want and need and ensures that they make the best use of their financial and human resources to meet those needs.
Services Provided By Surveykshan
- Quantitative Research
- Qualitative Research
- Data Collection
- CATI
- Online Survey
#2. BDB India – Market Research & Strategy Consulting
E-mail Address: info@bdbipl.com
Phone Number: 077200 08156
Address: Magarpatta, Hadapsar, Pune, Maharashtra 411013
Website: http://bdbipl.com/index.php
About The Company
BDB India is a pioneer when it comes to market research as well as a consultant for sales and profit growth. It is a core engineering consulting firm based in Pune that was founded in 1989. They have also created strategies for businesses in different sectors including healthcare, agriculture, and consumer goods sectors over the past few years.
In India, market research has become more popular. In India in the late 1970s and early 1980s, while fast-moving consumer goods market research was becoming more popular, industrial markets were a bit behind but this company is trying to do their best in market research.
Services Provided by BDB India
- Price sensitivity analysis
- Demand forecasting
- Product differentiation and market segmentation
- Channel distribution
- Identifying demand gaps and markets
- Identifying the export markets
#3. Kaizen Market Research and Consultancy
E-mail Address: info@kaizenmarketresearch.com
Phone Number: 073595 98111
Address: Borivali West, Mumbai, Maharashtra 400091
Website: http://www.kaizenmarketresearch.com
About The Company
Kaizen Market Research and Consultancy is one of the top marketing outsourcing and market research firms in Mumbai, India. Their research services assist various businesses in making strategic decisions. This Market Research and Consulting company is leading the industry with its research firm and offices in numerous cities including Ahmedabad, Surat, Mumbai, Pune, and other cities in India. And the best part is that the major service supplied by KMRC is market research.
Kaizen market research company assists businesses in making the best decisions at the right moment. The Kaizen market research firm operates in a variety of market areas, and KMRC collects data from all around the world and develops market research reports based on it.
Through market research, the Kaizen market research firm maintains the finest relationship with its clients. In Mumbai, Delhi, Bangalore, and other cities across India, Kaizen has a large market research staff. So, if you are looking to hire a market research company in any of those cities, you can avail of their services.
Services Provided By Kaizen Market Research And Consultancy
- Competitive Intelligence
- Customer Satisfaction Study
- Advertisement Study
- Consumer Research
- Business Research
- Demand Estimation Study
#4. MrssIndia
Email Address: info@mrssindia.com
Phone Number: +91 9326926803
Address: C-509, 5th Floor, Kanakia Zillion, LBS Marg Kurla West, Mumbai, Maharashtra 400 070
Website: https://mrssindia.com/
About The Company
Majestic MRSS is a multi-country market research agency that is one of Asia’s leading independent full-service market research agencies. While talking specifically about Mumbai, it comes under the top 10 among the market research companies in Mumbai. The company undertakes qualitative and quantitative online research investigations to collect crucial data. The best thing about this agency is that the members of this firm’s staff are also members of ESOMAR, QRCA, and MRA.
The organisation operates client-servicing offices in ten key Asian countries, staffed by dedicated research experts and project managers who oversee research activities in these regions. Majestic MRSS’s trust and reputation in the market have grown as a result of its continued efforts to work with a variety of technologies. They think that their client’s success is critical to their own, and they work hard to give the finest Return on Investment.
Services Provided By Majestic MRSS
- Qualitative & Quantitative
- Strategic Partnership
- Segments
- Implicit Research Technologies
#5. MR2UX Resources
Email Address: info@mr2uxresources.com
Phone Number: 022 2805 8719
Website: www.mr2uxresources.com
Address: Kandivali (West), Mumbai
About The Company
This is another good market research firm in mumbai. MR2UX RESOURCES is a strategic process-oriented organisation situated in Greater Mumbai that specialises in market research, usability testing, and consumer experience throughout Asia and the EMEA region.
They can give a complete variety of qualitative and quantitative research solutions at MR2UX. Their goal is to deliver low-cost services that constantly surpass the clients’ requirements and preferences.
The personnel of the MR2UX Resources staff realise that the research brief and research methodology are both crucial to a team’s achievement. They specialise in business-to-business, business-to-consumer, tourism, and healthcare initiatives.
As a tech-savvy organisation, MR2UX Resources assists the client in performing the testing process. Usability testing is the process of assessing a product or service by examining it with a group of users who are representative of the target audience.
The MR2UX Resources team has a demonstrated track history of delivering high-quality, insightful research that fulfils the Client’s requirements. Their in-house project management expertise ensures timely completion of projects and on cost, to quality standards, and in a manner that benefits the client.
Services Provided By MR2UX Resources
The following are the services provided by MR2UX Resources:
- Market Research
- Usability Testing
- Areas of Specialization
- Network Connect
#6. Kadence International
Phone Number: 022 4210 8686
Website: https://www.kadence.com/
Address: Unit no-101 & 102, 1st floor Shreya House Premises Co.op. Society Ltd., Pareira Hill Road, off Andheri-Kurla Road, Opp. Gurunanak Petrol Pump, Andheri (East), Mumbai – 400099
About The Company
Kadence International, a prominent global market research agency, has firmly established itself as a trusted partner in helping organizations unlock the power of data-driven decision-making. With a strong presence in Mumbai, India, the Mumbai office of Kadence reflects the company’s unwavering commitment to being a strong market research company in Mumbai.
Kadence International prides itself on its holistic approach to market research, combining precision, expertise, and innovative methodologies to provide clients with a comprehensive understanding of their markets, consumers, and competitors. The Mumbai office, in line with the company’s global ethos, is dedicated to delivering excellence in market research services across a wide spectrum of industries.
Services Provided By Focus Suites Solutions
- Customer Experience Research
- Brand and Communication Research
- B2B Research
#7. Global Dynamic Market Research Services
Email Address: info@globaldmrs.com
Phone Number: 022 3227 4577
Website: http://www.globaldmrs.com
Address: #08, Sai Dham Building, Sambhaji Nagar, Opp.Vijay Nagar, Sahar Road, Near Ganesh Temple, Andheri (East), Mumbai, Maharashtra 400069
About The Company
Global Dynamic Market Research Company is a non-profit organisation run and managed by market research experts. It is one of the top market research agencies in Mumbai.
The company team’s goal is to make the organisation a preferred research agency for clients. To do this, the company has expanded into an international conglomerate and hired the greatest personnel in both emerging and developed areas. The corporation also comprehends the relevance of the essential organisations’ market conditions.
Services Provided By Global Dynamic Market Research
- Advertising & Branding
- Qualitative
- Quantitative
Choose The Best Market Research Company In Mumbai
You must have got by now that the above-mentioned 7 companies are the best if you’re looking for the top market research companies in Mumbai.
Another thing you should know by now is that understanding what your clients want and providing it to them in a way that is lucrative for you is the key to any successful business. And you’ll need to conduct ‘Market Research’ to figure out exactly what your customers desire.
Overall Market research lays a solid basis for a company to grow on, preparing it for any challenges or weaknesses that may emerge as the firm expands. Market research gives firms a strategic edge, allowing them to survive in new situations, from getting to know their target audience to examining possible competitors.
Hope this blog on how to choose the best market research company in Mumbai would have been helpful to you.
FAQs
Market research companies in Mumbai offer a wide range of services, including market analysis, competitor research, consumer behaviour studies, product testing, and customer satisfaction surveys. They can also provide insights into industry trends, market sizing, and entry strategies.
To find a reputable market research company in Mumbai, you can start by conducting online research, reading reviews and testimonials, and asking for referrals from industry peers. Look for companies with a proven track record, experienced researchers, and a diverse portfolio of clients.
The cost of market research services in Mumbai can vary widely depending on the scope and complexity of the project. Basic market research surveys may cost a few thousand rupees, while comprehensive studies or in-depth research can cost significantly more.
The duration of a market research project in Mumbai depends on its complexity and objectives. Small-scale surveys or data collection efforts can be completed in a few weeks, while more extensive projects, such as in-depth market studies, may take several months. The timeline should be discussed and agreed upon with the chosen research company.
Yes, many market research companies in Mumbai cater to businesses of all sizes, from startups and small enterprises to large corporations. They tailor their services to meet the specific needs and budgets of their clients. Whether you’re a local business or a multinational corporation, you can typically find a market research firm to assist you in Mumbai.
