Market Research App Business

Market Research App Business Success Stories [2024]

Pat Walls

•

Updated: October 9th, 2024

Looking to tap into the world of data-driven decision making? Consider starting a market research app business.

A market research app collects vital consumer insights through surveys, polls, and data analytics, providing businesses with the information they need to make informed decisions. By developing an intuitive app, you can streamline the process for companies needing real-time data.

Your primary challenges will involve app development, user acquisition, and creating reliable data collection methodologies. However, the reward is a robust business that meets a growing demand in a data-driven market.

With the rise of digital transformation, businesses are constantly seeking ways to understand their customer base better. Offer them valuable, actionable insights and your app will quickly become indispensable.

In this list, you'll find real-world market research app business success stories and very profitable examples of starting a market research app business that makes money.

1. Tap Research ($18M/year)

Aaron Platshon, the co-founder and CEO of TapResearch, came up with the idea for the business after encountering frustrating experiences trying to conduct consumer research for his previous startup, Wheelz. He realized there was a need for a platform that would make it easy for anyone to access valuable consumer insights, leading him to create TapResearch. Today, the company generates roughly $1.5 million in revenue each month by delivering over 1 million surveys for hundreds of clients.

How much money it makes: $18M/year
How many people on the team: 20

How We Built A $1.5M/Month Survey And Research Solution

TapResearch generates roughly $1.5M in revenue per month through their Sample and Insights platforms, which allow market researchers to access survey respondents they need and make fast and easy decisions through a highly scalable respondent network that delivers surveys to hundreds of millions of people.

Read this case study

Read by 10,139 founders