Richard Waring and Dan McGuinness Launch Global Online Research Market

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The world`s first online marketplace for the research study market has actually been set up by Richard Waring, the previous managing director of Millward Brown in Ireland and Dan McGuinness, the creator of the Dublin-based Catalyst Marketing.

ResearchExchange.com intends to link purchasers and suppliers of market research. Research study buyers can use the platform totally free to source providers, and to construct custom research study briefs utilizing tools supplied. Providers only pay when they get an invitation to tender which they wish to accept they then receive the full details of the short and the chance to pitch. The expense to pitch is identified by the buyer`s approximated budget variety.

The new platform has just come out of beta- has actually already signed up more than 500 research providers, in addition to a host of prominent buyers consisting of Groupon, Novartis and PernodRicard.

The platform significantly cuts the time and cost that both buyers and suppliers spend sourcing each other, allowing them to connect on the best sort of briefs at the right time, supplying an economic increase for the marketplace research study market.

According to Richard Waring, co-founder and CEO of ResearchExchange.com: We have developed a platform that really connects the luster within the market, and we`re delighted to already have such a healthy network of business registered with us. We have had a variety of research briefs go live and reach completion during the soft launch period, so we`re thrilled to see this momentum remain to grow.

Andrew Barling, Senior International Market Researcher at Groupon, adds: ResearchExchange.com is already developing itself as a valuable resource to brand names wanting to commission research, along with suppliers pitching for work. Like lots of other sectors, the research study market will continue to become ever-more digitized, so it s impressive to see ResearchExchange.com leading innovative modification that will benefit buyers and providers of market research.