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6 Free Market Research Templates to Help Win Your Market

6 Free Market Research Templates to Help Win Your Market

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Market research templates save time and give clarity about what should and shouldn’t be included in any type of market research .

These days, doing regular market research is key. Particularly given how quickly consumer behaviors shift and companies change tactics to keep up with the ever-growing number of competitors in their industry.

In this post, I’m sharing six market research report templates to give you a head start and help steer your analysis in the right direction from the onset.

What is a market research template?

Market research templates provide questions and specific fields to fill out – relevant to specified market research objectives. You can add or remove fields according to what’s relevant to your market and research goal. It provides a framework to develop your own research methodology if you don’t want to go full-scale with a research firm.

What are the advantages of using market research templates?

There are many ways market research templates benefit organizations of any size.

  • It costs less than hiring an external market research firm.
  • Completion is often quicker because pre-set fields guide your research.
  • Little to no professional training is required to complete a template.
  • Templates can be easily shared with other business units.
  • Files can be easily updated internally in the future.
  • Research Intelligence tools like Similarweb make it much easier to access market research data than ever before.
  • Using a template enables you to stay focused and organized.

Doing market research with a template can help you generate results faster than any agency can deliver. You set your priorities and start collecting information without untimely back-and-forth correspondence. This is particularly valuable for online companies in markets that develop and change quickly. You need real-time data to improve your results, so time is always of the essence.

Jim Rohn Quote

In addition to time, you also save costs. Comprehensive market research usually demands additional financial resources. By using shareable templates, you can involve relevant internal business units at minimal extra cost.

This presents another advantage: You own your information. You can come back to the files, reuse, update, and compare whenever it’s relevant. This is particularly useful in the dynamic world of online business because you’ll want to research the market repeatedly to detect and adapt to changes.

What are market research templates used for?

Most types of market research templates provide a robust framework that steers market research efforts in the right direction. When we consider the “journeys” a market research report template can help with – most use cases aren’t merely one-time research projects but should include periodic monitoring and analysis.

  • Assess your brand’s strength and influential power. Evaluate your market share , and measure which percentage of the market you reach and sell to.
  • Launch a new product or enter a new market . Get to know the territory and the key players to avoid unnecessary risks and recognize new opportunities.
  • Identify and keep tabs on your top competitors. Be aware of your competitor’s strengths and weaknesses to align your strategic planning.
  • Understand your target audience. If you truly want people to resonate with your product or service, you need to take the time to get to know them, their interests, pain points, likes, and dislikes.
  • Innovate your business model. Before applying changes to products or business strategies, understand user demand and need shifts.
  • Drive more sales. Optimize product placement by identifying your product’s uniqueness and the specific value to boost your marketing campaigns.
  • Fine-tune your digital advertising and analytics. Find and optimize the marketing channels and keywords with the highest potential and lowest competition .
  • Find and follow emerging trends. Detect changes in the market development early and use them to your advantage.

Five things to do before using a market research analysis template

As you’ll soon discover, there are lots of tools and resources at your disposal – and you won’t need all of them to reach your goal. Your choices should depend on the goal of your research, something you’ll need to clarify before you start to use any type of market research report template.

Take a little time to do the following pre-planning steps 1-3 before you use any template in your research.

  • Define the reason for your research and its goals.
  • Identify the most suitable research types and methods.
  • Prepare the materials you need to conduct the research, i.e., templates, tools, and market research questions ; then delegate responsibilities if applicable.
  • Identify your market’s characteristics.
  • Define your target audience and segments.
  • Consider both qualitative and quantitative data points.
  • Decide whether to use primary research, secondary research , or a mixture of both.
  • Google Analytics vs. Similarweb
  • Free online sources and tools
  • Advanced competitor analysis
  • Summarize your findings in a template and start to analyze.

Get a step-by-step roadmap for easy and comprehensive market research in our guide – Market Research: What It Is, Why It Matters, and How To Get It Right .

Types of market research templates

In this next section, I’m sharing the most important types of market research templates you need to fulfil your research goals. I’ll cover what each is and how a template can help with the research. In the final section of this post, I’ll share the quickest way to find the data you need to complete your template.

SWOT analysis template

Many of you will have heard of or used a SWOT analysis framework before. It’s a tried and trusted tool that helps organizations and individuals uncover the strengths, weaknesses, opportunities, and threats of their business and the competition. A template gives you pre-set fields to consider and complete, helping you know the essential metrics. Once complete, it shows a range of factors relevant to your business and market that can help you adapt for growth.

Use this type of market research analysis template to review your business, along with each of your competitors – analysis of the top four rivals is enough, but you might want to extend this up to eight. This market analysis template provides key questions to answer in each section to help guide your responses.

Market sizing template

Using a market analysis template shows you exactly how to do market sizing correctly. What’s more, it can ensure others within your organization are clear about how the figures have been calculated and provide a consistent and transparent framework for repeating the process in the future.

Use this simple market research template to get the formulas for the total addressable market (TAM), serviceable addressable market (SAM), and serviceable obtainable market (SOM).

Competitive analysis framework template

Pick between 2-4 direct and indirect competitors , then compile the same data and information about each. Start with company research, then customer research, and add information about products and marketing strategies to build the ultimate competitive framework. Collecting the same data points gives you a straightforward comparison and clear picture of the competitive landscape .

This market analysis template covers both B2C and B2B markets. It gives you a detailed framework that helps you map company, customer, product, go-to-market, and marketing channels for your business, and that of your rivals.

Further reading: this post covers seven different types of Competitive Analysis Frameworks that can be used for this form of market research.

Use this market research template for a business plan or as a base document to do regular checks on the state of the competitive landscape.

Trend analysis template

Completing regular market trend analysis is vital – particularly given how fast consumer behavior and markets change. Sure, you can set up news alerts and keep an ear close to the ground, but this is not necessarily the most effective way to future-proof a business and stay ahead of the curve. Rather, it’s a slow and unreliable way to access the intel you need, not just to survive but to flourish.

Early detection of fluctuations, shifts, and changes is key; and a trend analysis template, when done periodically, can help you quickly identify and prepare your business to react.

This market trend analysis template is designed specifically for those operating in the B2B space. It clearly guides you through industry research, historical competitive data, desktop vs. mobile trends , and seasonal keyword research ; each of which can help you discover market-specific trends effectively.

Further reading: Trendspotting: Why All the Market Leaders Are Doing It

Buyer persona template

Define the customer who would benefit most from your product or service. Based on what you’ve learned about consumers and your target market , characterize your ideal customer. Who are they, what are their pain points, and how can you help them?

This template shows you exactly what kind of data to include when you build a new buyer person. We’ve completed an example for you as a guide; but also given you empty slides you can fill-in yourself for your own business and market.

Further reading: How to Create Buyer Personas That Boost Conversions

Audience analysis template

An Audience analysis looks at a group of people in much the same way you examine your current customers. It can help you discover how to turn more of your audience into paying customers by segmenting visitor and behavioral characteristics.

This market analysis template will guide you through the different types of data you should collect from both your own and your rival’s channels. It takes into account various characteristics of company, product, purchase, consumers, interests, and more to help you form a clear and comprehensive view of your target audience.

It’s split into three tabs, each covering B2B, transactional, and informative businesses separately.

Further reading: If this is your first time doing audience analysis, read this guide to understand what a target audience is and how to analyze it .

Get started with all the free market research templates you need to succeed!

How to use Similarweb to help with market research templates

Similarweb Digital Research Intelligence can help you complete almost any market research project quickly and effectively. One of the most-cited reasons people choose tools like Similarweb is due to the accuracy and timeliness of data. Unlike other forms of market research, like secondary research; Similarweb’s information is always the most up-to-date there is.

  • Benchmarking tool : Accelerate your new digital strategy and learn how you stack up against the competition and market leaders.
  • Market research tool : Analyze market trends in near-real time so that you can take action when it matters most, not a quarter later.
  • Company research : Take a closer look at any company’s digital performance and expose your competitor’s digital strategies.
  • Audience analysis tool : Engage more deeply with your audience, explore new audience segments and expand your reach.
  • Customer journey analytics : Understand your customers and explore bottom-of-the-funnel metrics to discover what makes them convert.
  • Mobile app intelligence : See the impact of mobile apps in your market: spot trends and emerging players.

Wrapping up…..

Good market research shouldn’t have to take an age; but as a task that requires careful planning, meticulous attention, and focus – even with the best tools, you’ve got to know the right questions to ask, and the best places to uncover the best intel.

Using market research templates will save significant time in the market research process while providing a clear and comprehensive set of guidelines that can be easily replicated or revisited in the future.

Market analysis templates allow for consistency and provide a clear framework that allows the inexperienced market researcher to do the task with ease.

Use these templates to jumpstart your research efforts and make strategic decisions more effectively, and in a more informed way.

Boost Your Market Research with Similarweb

Enjoy 360° visibility into your industry and instantly adapt to market changes

What is the importance of market research?

Market research is important because you can’t succeed if you’re not aware of market conditions, potential obstacles, purported budget, and how to market your products effectively.

How do you write a market research document?

The simplest way to write a market research document is to obtain a free market research template to guide your content. It can prompt you with the right questions to ask, and shape research efforts and outcomes effectively.

Which type of market research should I use?

To employ a highly effective market research strategy, you should combine the two methods. We advise you to use secondary research as a preparation for your primary research.

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by Liz March

Digital Research Specialist

Liz March has 15 years of experience in content creation. She enjoys the outdoors, F1, and reading, and is pursuing a BSc in Environmental Science.

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market research report (sole source) template

market research report (sole source) template

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Check out this business guide from the U.S. Small Business Administration .

We strongly recommend you conduct thorough market research and competitive analysis before competing for a government contract. The questions you want to answer are:

  • Is there a need for my products or services?
  • Can my business be competitive against other businesses selling similar products and services?

The following information on our other websites can help you answer these questions:

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Acting on your market research findings

If you answered “ yes ” to both questions, continue on to learn how to compete for a government contract .

If you answered “ no ” to one of the questions, consider these other ways of selling to the government:

  • Submitting an unsolicited proposal (when demand may not yet exist for a new and innovative product or service)
  • Finding an opportunity to promote your innovative solution via a challenge or prize competition on Challenge.gov
  • Improving your competitiveness by partnering with another business
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Chapter 3010 - Market Research

The Department of Homeland Security Acquisition Manual (HSAM) is issued by the Chief Procurement Officer (CPO). The HSAM establishes for the Department of Homeland Security uniform department-wide acquisition procedures, which implement or supplement the Federal Acquisition Regulation (FAR) and the Homeland Security Acquisition Regulation (HSAR), and other agency regulations and statutory requirements. All acquisitions within the Department follows the HSAM unless otherwise excluded by the FAR, HSAR or the HSAM.

Attachment Ext. Size Date
PDF 112.82 KB 02/19/2021
PDF 230.41 KB 07/24/2024
  • Acquisitions
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IMAGES

  1. SOLE SOURCE DETERMINATION TEMPLATE Doc Template

    market research report (sole source) template

  2. Market Research Report Template (7)

    market research report (sole source) template

  3. 26+ Research Report Templates

    market research report (sole source) template

  4. 101+ FREE Research Templates [Edit & Download]

    market research report (sole source) template

  5. FREE 10+ Marketing Research Report Templates in Google Docs

    market research report (sole source) template

  6. How To Write A Market Research Report Example

    market research report (sole source) template

VIDEO

  1. The latest market research report reveals investment opportunities

  2. The latest market research report reveals investment opportunities

  3. The latest market research report reveals investment opportunities

  4. Machine Condition Monitoring Market market Forecast By Industry Outlook By Forecast Period

  5. LAYOUT/STRUCTURE/CONTENTS/FORMAT OF RESEARCH REPORT

  6. Masterclass: Entrepreneurship in Market Research I Market Research Report Publishing Business

COMMENTS

  1. Attachment 2: Simplified Market Research Template

    Attachment 2: Simplified Market Research Template

  2. Market Research Report Guide

    The embedded market research template, when completed, documents your market research as part of your acquisition planning process which will support requirements definition and subsequent steps leading to acquisition strategy approval. A template of the Market Research Report is available as a DAU tool, Services Acquisition Market Research Report Template

  3. PDF Market Research Report Guide for Improving the Tradecraft in Services

    Recommendations for updates to the Guide are welcome and may be submitted to: [email protected]. 1Market research, consistent with all MFT roles, requires teamwork, and personnel in a wide range of functions, including technical personnel, may be required to assist in the effort.

  4. PART 5810

    5810.001 Policy. (a) (2) (ii) The program office or the requiring activity must address whether the acquisition can or cannot be set-aside for small businesses in the market research report. (b) All Sources Sought Notices (SSN) and Requests for Information (RFI) for acquisitions with an estimated value exceeding $5M, with the exception of the ...

  5. PDF Market Research

    Market Research - DAU ... Market Research

  6. COR Examples and Templates

    COR Examples and Templates

  7. Procurement Package Checklist

    procurement requests, including sole source requirements. If available, attach any vendor quotes. Please use the Market Research Form Template attached in the IOT&A contract. The first step in market research is to determine if your requested item must be purchased from a mandated source (i.e., Ability One or FPI). ...

  8. Part 10

    Part 10 - Market Research

  9. SUBPART 53.90

    SUBJECT: Market Research for Commerciality Determination (MRCDM) (FAR 10.002, FAR 2.101, and FAR 13.5) (Mark "FOR OFFICIAL USE ONLY", when applicable, at the bottom of the outside of the front cover (if there is one), the title page, the first page, and the outside of the back cover (if there is one) pursuant to DOD Manual 5200.1, Vol 4 ...

  10. PDF Department of Veterans Affairs Source Selection Guide

    department of veterans affairs source selection guide

  11. PDF Department of The Navy Simplified Acquisition Procedures Guide

    CHAPTER 2 - MARKET RESEARCH 1. Scope. This chapter provides information and guidance on performing market research. 2. Policy. Detailed market research policies and procedures are promulgated in FAR Part 10. 3. Source Lists. This is a document of prospective vendors that can provide the supplies or services required by the Government.

  12. 6 Free Market Research Templates & Guides

    Market research templates provide questions and specific fields to fill out - relevant to specified market research objectives. You can add or remove fields according to what's relevant to your market and research goal. It provides a framework to develop your own research methodology if you don't want to go full-scale with a research firm.

  13. How to use the new MAS 8 (a) Pool

    The 8 (a) contractor is in the MAS 8 (a) Pool and has an 8aS indicator. They have the appropriate special item number for your request for quote. Remember for sole source awards, you must complete offer and acceptance at the order level. Check the contractor's 8 (a) exit date, which is displayed in eLibrary, to ensure that the contractor will ...

  14. Conduct market research

    Vendor support center Research the federal market, report sales, and upload contract information. Real estate Toggle submenu. Explore real estate ... We strongly recommend you conduct thorough market research and competitive analysis before competing for a government contract. The questions you want to answer are:

  15. PDF Sole Source Justification Mandatory Template for Federal Procurements

    Market Research conducted and attached to this document? If not, explain. 6. Is this a new requirement or a follow-on to an expiring award? 7. Describe the requirement. Please note that the requirement is the minimum acceptable specification or capability, and is not necessarily the best in the industry. Please note whether any additional ...

  16. PDF SOLE SOURCE JUSTIFICATIONS

    established by market test, price or cost analysis, or the experience and judgment of the Materiel Manager. Such judgment considers total value to the University." ii. Per Bus-43, Page 9, a Sole Source is "the only supplier capable of meeting University requirements within the time available,

  17. Part 810

    810.000 Scope of part. The Veterans First Contracting Program in subpart 819.70 applies to contract actions under this part and takes precedence over other small business programs referenced in FAR part 10 and FAR part 19. Deviation per Class Deviation from VAAR parts 802, 806, 808, 810, 813, 819, 852, and 873, dated February 16, 2023, to ...

  18. Fair and Reasonable Price Determination

    Fair and Reasonable Price Determination

  19. Chapter 3010

    The HSAM establishes for the Department of Homeland Security uniform department-wide acquisition procedures, which implement or supplement the Federal Acquisition Regulation (FAR) and the Homeland Security Acquisition Regulation (HSAR), and other agency regulations and statutory requirements. All acquisitions within the Department follows the ...

  20. PART 10

    210.001 Policy. (a) (ii) The program office or the requiring activity must address whether the acquisition can or cannot be set-aside for small businesses in the market research report. (S-90) The contracting officer will thoroughly review and validate as appropriate the market research report. (1) The program office or requiring activity and ...

  21. PDF Sole Source Market Research Worksheet

    Sole Source Market Research Worksheet PUBLISHED DATE: June 6, 2024 . Per the . Sole Source Contracts Policy, section 10, agencies must conduct sufficient market research prior to filing a new sole source contract or an amendment that extends the period of performance or proposes scope changes. In order to demonstrate that a particular vendor is ...

  22. Sole Source Justification Template

    Sole Source (Including Brand Name) Justification - Simplified Procedures for Certain Commercial Items Template NOTE: This is a blank template. This document is FOUO/CUI only when content is added. NOTE2: To use this document, first download it and then click "Enable All Features" upon opening to be able to view/use its contents.

  23. PDF SOLE SOURCE JUSTIFICATION FORM

    A sole source must be documented and justified using MEASURABLE CRITERIA. Sole sourcing is a time-intensive process, so please be sure to fill each blank to the best of your ability. Do not hesitate to contact Procurement via ServiceNow if you need assistance completing the form. Note: Incomplete or blank answers will invalidate this form.