Market Research Agency

Business Idea: Start A Market Research Agency in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$40K
Avg Revenue
Avg Days To Build
20 days

Need to understand what consumers want and where the market is heading? Start a market research agency. In simple terms, this business involves gathering and analyzing data about consumer preferences, market trends, and competitors to help businesses make informed decisions.

You'll be diving deep into surveys, focus groups, and data analysis, providing actionable insights that can shape marketing strategies and product development. The work is detailed and requires a knack for both numbers and people, but the demand for such services is growing steadily.

As more companies look to sharpen their competitive edge, the need for reliable market research is only set to increase. If you're analytical and enjoy helping businesses succeed, starting a market research agency could be a rewarding venture.

Revenue & Profitability

How much do market research agencies make?

Examples Of Successful Market Research Agencies

Successful market research agency businesses and case studies

CallPage, an inside sales platform that facilitates converting website visitors into customers, has expanded tools to become a full-fledged platform with artificial intelligence, voice-to-text services and emotion recognition, and is rapidly growing in international markets.

$65K Monthly Revenue
Read by 7,466 founders

This case study is about Abhishek Kumar, the founder of Deep Research, a boutique market research agency that helps startups gather customer insights and guide their product and growth strategies. With revenues consistently growing over the past 10 months, they have achieved their highest revenue of $15,000 last month through continuous service evolution and increased value.

$15K Monthly Revenue
$400 Startup Costs
Read by 5,217 founders

See full list of successful market research agencies.