Launching a small business can be challenging, even with a great idea. Once you’ve come up with a business concept and decide you want to bring it to market, it’s time for planning and preparation. Performing market research before launching a new business idea is an important step to help ensure your new endeavor will be successful. […]
Market research is an effective tool to assist your business planning. It is about collecting information that provides an insight into your customers thinking, buying patterns, and location. In addition, market research can also assist you to monitor market trends and keep an eye on what your competition is doing. We have outlined in this article[…..]
MRTS Consulting and market research consultant Phil Todd have designed a research survey to look at the personal technology brands currently owned by Cambodian consumers. The survey was implemented using MRTS Consulting’s proprietary online consumer panel. A total of 571 respondents completed the entire set of questions, allowing deeper analysis by demographics. The report examines[…..]
MRTS Consulting conducted a study between February and March 2021 to looks at Usage, Satisfaction and Trends toward TikTok amongst Young Cambodian Consumers. The report of this study is answering the following key questions amongst the TikTok users: What do they use TikTok for? What kind of content do they watch on Tiktok? What content[…..]
Update: Cambodian Consumer Trends 2022 is now available! MRTS Consulting completed a short research project early in 2021 to explore shopping preferences among Cambodian millennials. Implemented via an online survey, the research examined 5 dimension of consumer influence to find the consumer ‘sweet spot’: Is price or brand more important? How important is the link[…..]
2021 is time to grow. You know your markets and your business better than anyone. Is 2021 the year to do something original? Look over the horizon to find market gaps. Look even further to find opportunities for innovation. 5-stage research plan to find the unfindable in 2021 1. […..]
Research needs – what can customers tell you? Your customer base is an invaluable source of insight. Use it wisely! Decide what and why. What do you need insight and feedback on. Brand? Product feedback? New initiatives? Market needs? Pricing? Why are customers the best source in these specific instances. Would a general market survey[…..]