18 Best Market Research Tools

Andrew Chornyy - 001
Andrew Chornyy

CEO Plerdy — expert in SEO&CRO with over 14 years of experience.

Our carefully chosen collection of the “18 best market research tools.” Every tool helps companies with data-driven insights to steer toward strategic success and wise decisions.

Among these excellent tools, their jobs and objectives consist in:

  • Spotting trends and tendencies
  • Finding consumer preferences and issues.
  • acquiring a market competitive edge

One particularly useful tool in our collection is Plerdy UX Analysis, a potent tool enabling in-depth investigation of user behavior. Monitoring and analyzing user on-site activities helps Plerdy UX Analysis offer priceless insights to optimize the user experience and increase conversions.

Having our “18 best market research tools” right at hand will help you negotiate the ever changing corporate terrain. Use these innovative tools to leverage their potential and see how your business grows from wise decisions grounded on accurate data.

What Are Market Research Tools?

When you know your target audience and have to make wise selections, market research tools are the ace right at hand. These priceless tools give companies data-driven insights so they may remain in touch with consumer preferences and market trends.

Some excellent market research tools consist in:

  • Interviews and questionnaires
  • Focus groups:
  • Talks
  • Software for data analytics

Imagine yourself armed with a carefully constructed survey delving deeply into the brains of your clients. Their comments provide a plethora of material, which is vital for improving your goods or services. In the same vein, focus groups and interviews enable the human element to be captured, therefore giving the numbers context.

Data analytics, however, enables you find numerical trends. Use big data to make informed judgments and expose latent possibilities.

Basically, instruments for market research are your compass in the always changing corporate environment. Equipped with these essential tools, you will boldly negotiate the market and leave rivals behind.

Choose The Best Tools For Market Research

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Tools for market research are like a winning team: you need a broad mix of players with various talents. Tools let you beat the competition and make data-driven decisions.

Examine the following factors to choose the ideal toolbox for market research:

  • Clearly state your objectives: Clearly state your main research goals to choose the best tools.
  • Budget: Calculate the amount of market research tools you will need to reduce your choices.
  • Compatibility: For best efficiency, use tools that fit your current software stack exactly.

Imagine yourself exploring the ideas and choices of your clients armed with a strong survey tool. Add this to a strong data analytics tool to find hidden possibilities and spot industry trends. Think back on focus groups and interviews, which humanize the data and offer insightful qualitative analysis.

To remain ahead of your rivals, then, choosing the best market research tools is really vital. Exensively review your choices to create a dream squad of tools to lead your company toward unexplored territories.

Types Of Market Research Tools

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Different forms and sizes abound in market research tools, each meant to assist companies in deciphering the riddles of their target market. The right tool can make all the difference, much as the right ingredient in a recipe.

The following is a classification of several market research tool types:

  • Tools for surveys
  • Techniques for focus groups
  • Interview Software
  • Solvers for data analytics
  • Tools for social media monitoring

For example, a good approach to sweep a large audience and get comments is with survey instruments. Focus groups and interview tools let you zero in on particular groups, therefore obtaining in-depth insights to balance the quantitative data from polls.

Conversely, data analytics tools let you readily find trends and hidden treasures by sorting through the sea of data. Social media monitoring tools provide a different viewpoint and let you access the pulse of public opinion and remain in touch with the always shifting tastes of your audience.

Unlocking the secrets of your target audience requires an awareness of the several methods of market research instruments accessible. Choosing the correct tools will provide you insightful information that will help you to make wise decisions and ensure long-term success.

List Of The Best 18 Market Research Tools

Starting a quest to investigate the “18 best market research tools” is like stepping into a treasure trove of priceless information. Every instrument will reveal different insights, so your company will be ready to negotiate the market with grace and accuracy. Discover the possibilities in this extensive list and see how your data-driven decisions might turn your company into a market leader.

1. Plerdy

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Find the value of the unique market research tool Plerdy Survey, meant to improve your customer knowledge. This dynamic technology lets companies quickly get insightful comments from customers, therefore guiding their decisions and improving their strategy.

Important characteristics of the Plerdy consist in:

  • Simple personalization
  • Real-time analyses
  • Various forms of questions

Imagine yourself introducing a new product to find customer enthusiasm. Plerdy Survey intervenes and offers you a customised questionnaire that explores the thoughts of your intended market. Responding to comments helps you to better grasp their preferences and issues, so providing a wealth of knowledge for any company.

Moreover, real-time analytics of Plerdy Survey let you simply monitor survey outcomes. Within the user-friendly dashboard, sort the data, spot market or website trends, and highlight opportunities.

All things considered, Plerdy Survey is a must-have instrument for market research that helps companies to access the treasure of client comments. Find out what drives your audience; this will help you to meet their demands and outperform your rivals.

2. Semrush

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Semrush is a potent all-in-one tool that simplifies SEO, content marketing, competitive research, PPC, and social media marketing, thereby improving your online marketing. Certified by reputable companies such Tesla, IBM, and Amazon, it provides quantifiable outcomes and a competitive edge.

  • Revealing millions of local and national keywords
  • Examining the backlink profile of any domain.
  • Conducting technical searches for SEO audits
  • Monitoring SERP spots every day.
  • Finding subjects of interest for your readership.
  • Getting practical advice about material fit for SEO
  • Content auditing and enhancement grounded in real-time data
  • Examining competition promotions techniques and website traffic
  • Local level optimizing of advertising expenditure
  • Plan and evaluate social media content.

Semrush has been called a flexible mix of a keyword search engine, market Google Trends, Moz, Hootsuite, and SimilarWeb. Thus, avoid settling for less; instead, use Semrush to unleash the potential of your online marketing.

3. Qualaroo

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Qualaroo is a ten-times more valuable customer and user feedback tool than email surveys, so improve your market research game. Ask the appropriate questions at the appropriate moment to get practical information without interfering with your users’ experience. Qualario provides:

  • Analytics & reporting driven by artificial intelligence
  • Simple install without compromising your page’s speed.
  • Excellent and kind questioning technique

Targeting particular people using Qualaroo’s NudgesTM helps you get insightful comments from guests depending on their location, visit history, and other criteria. Use your logo to customize these nudges for flawless user experience.

Using the Qualaroo market research instrument has advantages including:

  • Learning from user experience on design, utility, and more
  • Customizable and amazing models
  • Modern targeting for the correct users at the correct moment

Try Qualaroo now to improve your market research capacity and prevent vital user feedback from escaping.

4. Google Trends

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To keep ahead of the digital competitors, use Google Trends—a special market research tool. Discover what the United States and other countries are looking for, then delve further into topics and events the Market Trends Data Team selected.

  • March Madness
  • World Fact-Checking Day
  • The Ukraine conflict and war
  • The 2022-23 NBA season
  • Coronavirus Search Trends

Furthermore highlighted by the Google Trends market research tool are several initiatives including:

  • Google Frightgeist
  • The Shape of Dreams
  • What are we searching for?
  • Visualizing Google data

By means of Google Trends, marketers and content creators acquire insightful knowledge about customer interests, therefore guiding their decisions and creation of focused content. Reviews from consultants like Larry M., who supports interests, research, and content development, laud Google Trends for its capacity to offer real-time statistics on trending issues and popular searches, therefore helping interests, research, and content production. With this great tool, keep informed, forecast market trends, and create audience-resonating content.

5. SurveyMonkey

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Explore SurveyMonkey, a worldwide leader in survey tools with daily answering over 20 million questions. Your starting point in obtaining insightful comments will be off to a flying start with an easy interface and large collection of expertly written templates. SurveyMonkey makes gathering comments easy for a range of audiences—including target markets, consumers, and staff members.

Important characteristics are:

  • Expert-written templates
  • Simple surveys’ construction, distribution, and analysis
  • Customizable pricing and feature sets

Unlock business breakthroughs via specific toolkits designed for many roles and sectors, including customer support, human resources, and product management. SurveyMonkey Audience provides focused answers from a panel of 175 million global respondents, with over 17 million active users worldwide.

Using SurveyMonkey’s sophisticated capabilities will help your company:

  • Surveys in many languages
  • Integration with Tableau, Marketo, Eloqua, Salesforce
  • improved security elements and governance
  • Single Sign-On (SSO) and audit log activity tracking

Not just get comments; also, provide better experiences and propel your company ahead. Join the SurveyMonkey movement today and use comments to transform your company.

6. Statista

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Using data from Statista, your one-stop market research tool providing facts and insights spanning 170 sectors and 150+ countries, will empower you. Explore data, projections, and research on numerous subjects like social media use, e-commerce globally, electric cars, artificial intelligence, sustainability, and the metaverse. Based on over 23,000 firms’ trust, Statista serves as your research starting point.

Important qualities:

  • Thorough information about hot subjects including Amazon, Apple, Facebook, and Walmart
  • Coverage covers many sectors, including virtual reality and agriculture.
  • Access to market and economic statistics including GDP, health, and terrorism; also include policies.
  • Projections for areas and nations like the European Union and the United Kingdom

From the free Basic Account to the feature-rich Professional Account, which grants access to dossiers, predictions, and studies, Statista provides a spectrum of account possibilities. Statista guarantees industry knowledge and data dependability with almost 500 researchers and experts. Thus, save time and money on your market research with Statista as your portal to useful, equivalent, and thorough data.

7. Typeform

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Typeform helps you to inquire differently. Bid farewell to monotonous forms and embrace interesting, interactive kinds. Design intriguing forms, tests, and quizzes.

  • Human-centric design: One question at a time keeps users interested and provides intelligent answers and better completion rates—human-centric design.
  • Visually breathtaking: Custom layouts, themes, built-in photo and video libraries all help to highlight your business in the best possible light.
  • Intelligent functionality: Conditional logic helps to create meaningful follow-up questions, hence transforming surveys into conversations.

Using Typeform will allow you to:

Perfect construction: Choose a template or work from nothing. There is not any code needed.
Effortless sharing: Share the link, post on your website, or email the copy.
Overall results: Examine answers, create reports, and connect using your preferred tools.

Typeform is your go-to tool for designing forms that bring happiness and produce results, trusted by companies, organizations, and marketers as well as entrepreneurs.

8. BuzzSumo

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BuzzSummary is the go-to research tool for finding interesting subjects and tracking real-time market trends; keep inspired and informed using it. From viral tales to reimagined classics, access a variety of data and click a button to create content ideas. Examine information spanning 15 minutes to five years and explore an archive including more than 8 billion items worldwide.

  • Market Monitoring
  • Chromium Extension
  • Question Analyzer
  • Content Analysis
  • Analyzers for Backlinks

From Basic to Enterprise, all with the possibility to save 20% on annual payments, pick from several price schemes to fit your needs. BuzzSummary’s strong tools and data—including the Content Analyzer and Content Ideas Generator—which enable the creation of focused content strategies and enhance search engine optimization—have users applauding it.

Prominent industry experts including Digital Marketing Expert Matthew Barby from Hubspot and Founder & CEO of SparkToro Rand Fishkin have recommended BuzzSummary as a necessary tool for their job.

9. SimilarWeb

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Methodically Examine Your Competitive Landscape Using SimilarWeb

Comprehensive market research tool SimilarWeb enables companies to thrive online. Celebrating a smart and broad perspective on digital traffic, SimilarWeb offers insightful analysis of several facets of your online profile:

  • Digital Research: Industry and audience research; benchmarking; website and app analysis.
  • Digital marketing: Encompasses competitive analysis, search engine optimization and PPC, affiliate marketing, and advertising.
  • Shopper Intelligence: Customer journey, brand performance, product optimization, on-site search—shopper intelligence.
  • Stock Intelligence: Investment ideas, market analysis, forecasting, due diligence—stock intelligence.

Dependable by well-known digital companies as Google, Booking.com, Walmart, PepsiCo, Adobe, DHL, Adidas, and The Economist, SimilarWeb has shown its market value.

Gain behind-the-scenes statistics for every website online with the SimilarWeb TrafficMeterTM browser plugin, therefore enabling you to make informed decisions based on actual web and app performance data. Reflecting over a decade of commitment and invention, SimilarWeb’s DigitalRankTM also serves as the ultimate benchmark of the digital world.

Designed to meet your particular demands and generate higher ROI and income, SimilarWeb provides customized solutions for digital marketing, digital research, sales, stock, and shopper intelligence. SimilarWeb guarantees the ideal fit for every company by means of reasonable pricing and tailored quotes.

10. Qualtrics

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Using Qualtrics, the best research tool for market insights and highly effective teams, will help your company grow. This innovative program helps you to provide exceptional experiences at every digital and physical touchpoint. XM for Customer Frontlines, People Teams, and Strategy & Insights gives Qualtrics something for everyone.

Important characteristics comprise:

  • Customer Frontlines: Enhance experiences at every touchpoint and optimize contact centers.
  • People teams: Help managers be more productive, make data-driven choices, and engage teams.
  • Strategy & Insights: Design goods people enjoy, boost market share, and hasten development.

Top corporations include Samsung, Coca-Cola, Sony, Johnson & Johnson, and Toyota trust Qualtrics. With over 10 billion experience profiles, 3 million frontline users, and 2 billion analyzed conversations, it’s no surprise 85% of Fortune 100 organizations pick Qualtrics.

Start with Qualtrics CoreXM now to release the possibilities within your data. Review case studies and quotes from happy consumers who have personally experienced the advantages.

11. Latana

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Presenting Latana, the best brand performance tracking tool available that offers easily available, statistically based information regarding the influence of your brand. Forget depending on gut feeling to evaluate the effectiveness of your campaign; Latana presents a creative way for succeeding in your sector and building close relationships with your target market.

Using Latana will help you:

  • Complete brand measurements free from the trouble of intricate study initiatives.
  • Learnings to guide your expansion plan and help you to understand your target market.
  • For best marketing planning, target audience study.
  • Track brand rivalry and the results of your marketing campaigns.

Trusted by some of the most creative brands in the world— Blinkist, Headspace, and Udemy—Latana guarantees excellent data quality, which makes it practical and persuasive all throughout your company. Custom visualizations and simple export of raw data are made possible by the user-friendly dashboard.

Find out how business leaders like N26 and Headspace use Latana to improve brand performance. Explore Brand Battles to compare many brands in different sectors or go into brand bites for thorough performance analysis of firms like Netflix, The North Face, and Sephora. All you need to master marketing and hasten expansion is provided by Latana Brand Analytics.

12. Tableau

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Explore Tableau’s Power: Practical Analytics for Everyone

Leading tool for market research, Tableau provides teams with real-time insights to expand companies. Tableau has:

  • Analytics for everyone: Tableau changes the way people interact with data, regardless of their degree of knowledge by means of an easily used integrated tool.
  • Unmatched community: Engage in learning, development, inspiration, and connection in the Tableau Community among over a million like-minded users.
  • Trusted leader: All kinds of businesses depend on Tableau to become more data-driven under trusted leadership.

Key Features of Experience Tableau:

  • Real-time insights with Data Cloud
  • Complete analytics for business users, executives, IT, and analysts.
  • Analytics driven by artificial intelligence via CRM integration

The easy-to-use Tableau tool lets you create interactive, shared dashboards and reports and link to several data sources. Moreover, its adaptability for all your data visualization requirements results from its customizing possibilities. The flawless integration of Tableau with Salesforce and Einstein AI provides sophisticated consumer insights and data analysis.

13. Ubersuggest

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With Ubersuggest, an all-in-one market research tool that simplifies your efforts and maximizes results, improve your SEO approach and exceed your rivals. Designed by well-known digital marketing guru Neil Patel, Ubersuggest’s user-friendly interface and strong capabilities help to simplify the complicated realm of SEO.

Using Ubersuggest, you could:

  • Start a project to monitor and raise your SEO traffic.
  • Track your SEO and get regular update on your situation.
  • Get warnings about important website problems.
  • Sort and preserve your content and SEO studies.

With a 7-day free trial for new users, Ubersuggest presents a selection of reasonably priced options to fit your requirements. This flexible tool protects you regardless of your size—personal, small business, or enterprise.

Users blast Ubersuggest’s simple design, thorough keyword search, and insightful analysis.

14. NielsenIQ

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Presenting NielsenIQ, your one-stop fix for thorough consumer insights and market research. NielsenIQ is prepared to change your perspective of the world with a renewed look and relentless dedication to provide value.

One of the main products is:

  • Beauty Inner Circle, a subscription-based solution with carefully chosen in-depth knowledge on the beauty sector under expert direction.
  • Global Sustainability Hub: Discover worldwide consumer attitudes and sustainability market trends influencing purchasing behavior.
  • NIQ Omnisales: To get accurate omnichannel measurement, record combined online and offline sales data.

Apart from these tools, the NielsenIQ Partner Network simplifies your search for the suitable solution to satisfy your corporate requirements. Selected from a pool of carefully screened associates, you can be sure your data management is in qualified care.

Diversity and inclusion define NielsenIQ’s century-old tradition and help to create an environment where staff members can flourish. Emphasizing the most exact information for the whole picture for clients and staff, you will be motivated to see the future and act decisively.

Not only should you rely on our word for it; look at the employee evaluations complimenting NielsenIQ for its work-life balance, great learning opportunities, and supporting colleagues. Working for a well-known organization in the market research industry would surely look fantastic on your resume even if the pay might not be the best.

Use NielsenIQ, a trustworthy partner dedicated to provide you the Full ViewTM of consumer intelligence, to strengthen your company.

15. Upwave

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Presenting Upwave, the modern analytics tool meant for brand promotion. Upwave provides real-time, top-of-funnels measurement and optimization across many tools — CTV, Digital, Social, Linear, and Addressable – as a potent market research tool.

The unified cross-media measuring system of Upwave presents:

  • Daily revised results for ongoing brand impact control.
  • Exportable presentations and reports: data visualizing
  • Advice on optimization for quick, practical decisions
  • Target audience profiling and demographic insight-based reach
  • Downloadable outcomes for tailored visualsizing
  • Real-time standards: considering seasonal influence in accounting
  • Customizable dashboards tracking key performance indicators
  • Tactic-level controls for thorough effectiveness study

Upwave has shown its mettle as a preferred partner for elite companies with stellar recommendations from industry and market leaders. From generating consumer sentiment on creative messaging to proving brand-based commercial outcomes, Upwave’s creative ideas and strong analytics highlight the whole brand-building worth of its particular technical capabilities.

Make your brand’s compelling advertising to keep ahead of the competitors. Let the tools and data of Let Upwave enable you to effortlessly maximize and improve your efforts, so ensuring every brand dollar counts.

16. Userlytics

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With Userlytics, a modern market research tool linking you with a worldwide panel of around 2 million people, improve your customer and user experience. Using this large panel will expose insightful qualitative and quantitative information to improve your digital resources.

Why Userlytics distinguishes itself?

  • Unlimited Access: Work with your whole staff free from extra costs or limitations. Democratize the research in every division.
  • World’s Largest International UX Panel: With almost two million members from 150+ countries, World’s Largest International UX Panel can help you find the perfect user for your project requirements.
  • Professional Peer Support: Our knowledgeable Professional Services team offers complete help from test planning through insight analysis and thorough recommendations.

In only four simple stages, Userlyrics helps you to design the ideal user experience:

  1. Choose your study subject to identify the revelations you require from your target market.
  2. Using our sophisticated UX tools and approaches, design your study.
  3. Choose subjects and preview your research. We will then carefully choose the ideal candidates for you and handle the others.
  4. Get results and analysis including advanced metrics, transcriptions, highlight reels, and more.

With our Enterprise package, which provides a customized approach to fit your company requirements, let the possibilities of unlimited accounts, research, and features to be realized. From unmoderated to moderated testing, website, app, prototypical testing, and sentiment analysis, our strategies are customized to help you uncover priceless information for the success of your company.

Using Userlytics, your go-to tool for thorough market research, improve your user experience and base data-driven decisions.

17. Spyfu

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Introducing SpyFu: A PPC and SEO Must-Have Research Tool

A thorough and easy-to-use tool meant to improve your PPC and SEO strategies is SpyFu. With outstanding capabilities, SpyFu provides vital analysis of the tactics used by your rivals and guides you in making selections for your digital marketing projects.

Important Characteristics:

  • Study of Competitors
  • Builder of Backlinks
  • Keyword Research
  • Rank Tracking
  • SERP Studies
  • Comparing Domains

With a 4.5.5-star G2Crowd rating and over 200,000 monthly users, SpyFu offers comprehensive keyword, ad copy, and backlink analysis on your rivals. The historical data of the tool allows you to monitor the changes in the strategies of your rivals over time, so providing a better awareness of the market.

With 7 billion results over 109 million domains, SpyFu’s data exposes both market leaders’ and smaller rivals’ most used tactics. From day one, this potent tool lets you arrange ideas into workable programs and boost traffic and income.

Get many advantages from SpyFu:

  • Instant access to top pages, ranking history, and backlink tactics
  • Keyword searching and tailored reports
  • Easy interface ideal for both keyword and competitor research
  • Availability of priceless information for prospecting and lead identification with great potential

Select the SpyFu package that best fits your requirements to have limitless access to vital information to rule your industry.

18. ProProfs Survey Maker

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The perfect market research tool meant to produce aesthetically pleasing and interesting forms, quizzes, and surveys is ProProfs Survey Maker. Having produced more than 50,000+ surveys and four million+ responses, our tool provides a flawless means of obtaining insightful information.

Important characteristics consist in:

  • 100k+ ready-to-use questions and 100+ expert-designed templates.
  • Add your colors, logo, and branding among customizing choices.
  • Among the several question forms are multiple-choice, NPS, checkbox, rating scale, and more.
  • Sharing powers: by an embedding or link on your website.

ProProfs Survey Maker is unique in its adaptability to meet different needs:

  • Create performance benchmarking NPS surveys.
  • Design tests, quizzes, and assessments for successful education.
  • Create rapid feedback polls, popups, sidebars, and in-app surveys.

ProProfs Survey Maker presents an easy, understandable interface:

  1. From almost a hundred ready-to-use designs, pick one.
  2. Ask questions with branching and grading added.
  3. Customize with your colors and brand.
  4. Share on social media or link your website on here.

ProProfs Survey Maker is basically the best tool available for companies trying to control their market. It offers a user-friendly and quick way for designing interesting questionnaires and forms, gathering important information, and keeping ahead of the competitors.

Final Thought

As we draw to a close our investigation of the “18 best market research tools,” it is abundantly evident that the appropriate toolkit may transform any company. Tools for market research save time, provide insights, and support companies in keeping ahead. From niche-finding tools to Plerdy UX Analysis, these tools are absolutely crucial in enabling companies to flourish.

To review, below are some typical objectives of market research tools:

  • Finding market trends and patterns
  • Finding consumer preferences and issues.
  • Acquiring a market competitive edge

Don’t miss the chance to apply the tools of market research discussed. For instance, Plerdy provides a thorough UX study to maximize conversions. Test it and see how your company gains. Once you have honed these powerful tools, investigate techniques for market analysis. They will help you to vividly depict your target audience, find latent prospects, and guide your company toward prosperity. Therefore, do not hesitate any more; invest in these excellent products and see how your company grows.