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Reports and Insights

CRM Gaining Traction in Construction

Read time

8 Minutes

Last updated

February 28, 2024

Company Sample Data

The company sample dataset offers a compelling snapshot of market research engagement across companies of varying sizes, categorized by the number of employees. This data provides an insightful overview of how businesses from different segments actively seek market insights to inform their strategies, showcasing a range of activity that reflects their priorities and capacities for research.

Key Trends and Insights:

Predominant Activity in Medium-Small Businesses: Companies with 50 to 199 employees (Medium-Small) are the most engaged in market research, with an average of 2,157.87 weekly spikes. This segment represents the highest level of activity, accounting for nearly 30% of the total market research interest. It suggests that medium-small businesses are particularly keen on leveraging market insights to navigate their competitive landscapes and inform their growth strategies.

Strong Engagement Across Small and Medium Businesses: Small companies (10 – 49 Employees) and medium companies (200 – 499 Employees) also show significant research activity, with 26.57% and 14.83% of the total, respectively. This demonstrates a robust commitment to understanding market dynamics and applying insights to business operations, highlighting the importance of market research in these company sizes’ strategic planning.

Micro and Medium-Large Companies: Micro (1 – 9 Employees) and Medium-Large (500 – 999 Employees) companies, while less active than their counterparts, still demonstrate notable market research engagement. With 8.76% and 7.24% of the total activity, respectively, these segments indicate that regardless of size, businesses are inclined to invest in market research to some extent, underlining its value across the spectrum of company sizes.

Diverse Research Engagement: The dataset illuminates the diversity in how companies of different sizes approach market research. While all segments show some level of engagement, the intensity and focus of this activity vary, likely reflecting differences in resources, strategic priorities, and the specific challenges and opportunities faced by companies at different stages of growth.

In summary, the dataset reveals that medium-small businesses are the most active in seeking market insights, with small and medium businesses also displaying considerable engagement. This trend underscores the critical role of market research in business development and strategic planning across the board. Despite varying levels of activity, the data highlights a universal recognition of the importance of market insights, suggesting that businesses of all sizes are committed to understanding and responding to their evolving landscapes.

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