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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.
Some of the sectors that include market research are:
With this in mind, let’s go through where you can source market research tenders…
There are countless websites you could search through to find market research tenders…
But there’s a simpler option…
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
With sourcing these tenders out of the way, let’s look through four tips for winning them.
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.
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.
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.
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.
We’ve reached the conclusion to this blog on market research tenders! With this in mind, let’s have a recap!
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:
You’ll have 24-hour access to our Research Tenders portal where you will find opportunities for:
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.