Read this blog to understand how to tackle market research tenders

With markets trends changing often, market research tenders are needed more than ever. With this short guide, we’ll walk you through sectors, sources, and tips for market research tenders.

What forms can market research tenders take?

Some of the sectors that include market research are:

• Research services
• Evaluation services
• Marketing services
• Brand consultancy
• Product research.

With this in mind, let’s go through where you can source market research tenders…

Where can I find market research tenders?

There are countless websites you could search through to find market research tenders…

But there’s a simpler option…

Research Tenders.

Research Tenders is an easy-to-use portal, hosting live market research tender opportunities from across the UK.

Below are 5 past examples of market research tenders sourced on our portal:

Wiltshire Tier 4 Substance Misuse Market Research 

Wiltshire Council – South West – Budget: Undisclosed

Market Research Support

Construction and Procurement Delivery (CPD) – Northern Ireland – Budget: Undisclosed

Market Research and Analysis for Renewable Electricity Support Scheme

Sustainable Energy Authority of Ireland – Republic of Ireland – Budget: Undisclosed 

Our Big Conversation Phase Two Market Research 

City of York Council – Yorkshire and Humber Budget: £45,000

Customer Insights Programme: Market Research Tender 

FAIR4ALL FINANCE LIMITED – London – Budget: £165,000

4 tips for winning market research tenders

With sourcing these tenders out of the way, let’s look through four tips for winning them.

1. Eligibility & Qualifications

Another thing to consider is your eligibility. If you’re halfway through a bid, and you find you don’t have the right qualifications, it can be disheartening. Ultimately, you’ve invested time and resources, only to find out you haven’t won.  So, the best thing to do is to read through the documents and make sure you have everything accounted for. Market research tenders or not, this applies across the board. In some cases, buyers may reject you based on your annual turnover. A good rule of thumb for pre-empting this is if your tender is over half your annual turnover. If that’s the case, then you’re less likely to win the contract.

2. Proofreading & grammar

Regardless of whether it’s market research tenders or any other contract, you have a grammatical standard to keep to. Your competition will have their grammar sorted, so it’s important that you ensure your grammar is top-notch. A common method to keep this under control is proofreading. After finishing the work, you read through it a few times, checking for mistakes. Get someone else to look through the work. This provides fresh eyes and further protection against errors. If you want certainties when it comes to proofreading, look into outsourcing. We offer this service through our Tender Mentor. We ensure that your bid is in line with specifications so that the questions are answered effectively.

3. Structuring your time management

When writing your bid, it’s easy to get caught up in the process and lose sight of the finish line. Poor time management can be deadly to your chances of winning. A good way of avoiding this is a system of monitoring. Checking in with the team and keeping progress trackers can do wonders for time management. This can help with team cohesion as everyone is aware of their contributions to the larger goal.

4. Case studies

A vital error in writing a bid is not presenting enough case studies. Case studies will provide substantial evidence for the buyer of your suitability. On average, it’s likely that the buyer would want to see at least 3-5 case studies in your bid. However, don’t provide inaccurate case studies, as this can irritate the buyer. Ultimately, take some time aside to select the most accurate case studies and implement them into your bid.

In summary

We’ve reached the conclusion to this blog on market research tenders! With this in mind, let’s have a recap!

• What sectors include market research tenders– An idea as to what sectors market research tenders could serve.
• Where can I find market research tenders – A short summary on sources for market research tenders.
• Past market research tenders – five market research tenders that we’ve previously sourced for our clients.
• 4 tips to help you win your market research tenders
• Proofreading & grammar– Making sure that your grammar is top-notch. Using proofreading to ensure that errors are erased.
• Getting your work in on time– Ensuring good time management. Using a monitoring system for teams so that they can all take part in the process.
• Eligibility & qualifications – Considering whether you can take on the project and whether you have the right qualifications.
• Case studies– Providing evidence to the buyer of your suitability. Being careful to select the most accurate case studies for the contract.

Need help with bid writing?

You don’t always have the time or resources to write a winning response in-house. Outsourcing to bid writing experts can help. Our sister company, Hudson Succeed, offer four levels of bid writing support. They boast an 87% success rate and have over 60 years of bid writing experience. The services on offer include:

• A Tender Writing service
• A Tender Ready programme
• The Tender Improvement package
• A Tender Mentor service.

A subscription to Research Tenders can offer your business:

• Access to all exclusive, public, and private-sector research contracts in the UK.
• A daily email bulletin is sent straight to your inbox when new, opportunities are uploaded.
• Discounted support from Hudson Succeed, our bid writing division.
• 20-minutes of free consultancy with one of our Bid Consultants each month.

You’ll have 24-hour access to our Research Tenders portal where you will find opportunities for:

• Market Research
• Academic Research
• Feasibility Studies
• Qualitative and Quantitative Research
• Survey tenders and many more.
• Book a free live demo with Research Tenders to see how we can help your business grow.

Want to save even more time?

Upgrading to Discover Elite allows you to optimise your tendering opportunities even when you’re busy. Our two upgraded packages can improve your competitor awareness and bidding success rate. Each can help save you even more time when searching for tenders for design work.

The ultimate time-saver package offers your business:

• A maximum of five tender breakdowns per month.
• Pre-market and award engagement notices are monitored on your behalf.
• Buyer portal management, including registration, password management, downloading documents and assessing viability based on your bid or no-bid criteria.