Quantitative Market Research – Market testing for start-ups
Marketest is a leading online market research company. We have more than 10 years experience in helping start-ups by testing their target market. We primarily work for start-up entrepreneurs and companies launching a new product or service.
Starting a business? Launching a new product or service?
Test the market first!
Ask online for a free quote sent by email
Duration : 0:1:26
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How much do I charge for a market research project for a company?
Effective Market Research
A company has approached me to conduct a market research yielding results on target market potential, price ranges for services, competative environment, forecasting of profits & costs, etc…how much does something like this cost? I have only done this type of project as part of my job included in my salary in full time positions at furtune 500 companies…so I would not have any idea…I would appreciate your input…please only serious answers, if you don’t know, you don’t need to answer. Thanks.
I have not idea how long it will take me, or how many hours it will be, I am doing it alone for the first time. I have only done it with a team w/in the corp world.
Market Research Tips
First, you need to estimate how much time you will need to complete the project. Then, take the amount of time you estimate and multiply the hours by your hourly consulting fee.
Professional marketing consultants charge anywhere from $125/hour on up. I do not know what comparative fees are in your area, or what the size of the company is, or, most importantly, what the scope of your market research project is.
Has the company given you details of what they are expecting?
Have you created a proposal for them?
In the proposal you need to say
1)that you will do a,b,c,d (depends on their needs)
2) what the deliverables are
3) what your fees are
Good Luck