TRUE NORTH MARKET INSIGHTS
Keeping Pace with Insights into How Humans Make Decisions
Keeping Pace with Insights into How Humans Make Decisions
IntelligencethroughInsights!
DearReaders,
Itisourutmostpleasuretopresentbeforeyouourlatestmagazineissue“TheMostInnovative MarketResearchSolutions”whichfeaturesdecoratedcompaniesthatareofferingleading-edge marketresearchsolutions.
Startinganewcompanyisnoteasyintoday’scutthroatbusinesscompetition.Alongside providingauniqueandinnovativesolution,companieshavetobeawareofthemarketto understandwhatsolutionisexactlyneeded.Theyalsohavetokeepaneyeontheircompetitors andtheirstrategiestoplantheirstrategiesaccordingly Thisiswheremarketresearchplaysavital role.
Marketresearchhelpscompaniesanalyzebetterandfindactionablesolutionstosignificant problems.Numerouscompaniestodayareleveragingmarketresearchsolutionstostayaheadof thecompetition.Marketresearchserviceproviders,thusareinhighdemandoflate.Whenwe wereresearchingforthismagazineissue,wefoundcompaniesthataretakingthemarketresearch industrybystorm.
Gracingthecoverstoryofthismagazineissue,TrueNorthishelpingcompaniesgrowwiththe rightkindofinsights.TrueNorthMarketInsightsisamarketresearchcompany Thefirm conductsstudiestoidentifywhattheircustomerswant,iftheymightlikeanewproductidea,and howtoimprovetheirexperiencewiththefirm.Ittestscommunicationstoensurethatthe companiescanconnectwiththeiraudience.
Withthededicatedeffortsoftheteam,thisactsasamotivatingfactorandarewardingfeeling, becausehelpingothersconnectwiththeaudienceisattheverycoreofthesuccessofthe company Acompanywillnotsurviveifitdoesnotunderstanditscustomers,knowwhatthey want,andbeabletodeliverwhattheywantinthewaytheywantit.Andthatishowfirmssuchas TrueNorthMarketInsightsserve.
Wewishyouaninsightfulread!
Utkarsh D.
This list is NOT a ranking. The companies on listed in magazine serve different aspects of the market, making ranking them in any order except revenue impossible and unfair. We try to bring a perfect platform for business organization to showcase their valued products/ services.
Gracingthecoverstoryof thismagazineissue,True Northishelping companiesgrowwiththeright kindofinsights.TrueNorth MarketInsightsisamarket researchcompany Thefirm conductsstudiestoidentifywhat itscustomerswant,iftheymight likeanewproductidea,andhow toimprovetheirexperiencewith thefirm.Ittestscommunicationsto ensurethatthecompaniescan connectwiththeiraudience.
Withthededicatedeffortsofthe team,thisactsasamotivating factorandarewardingfeeling, becausehelpingothersconnect withtheaudienceisatthevery coreofthesuccessofthecompany. Acompanywillnotsurviveifit doesnotunderstanditscustomers, knowwhattheywant,andbeable todeliverwhattheywantinthe waytheywantit.Andthatishow firmssuchasTrueNorthMarket Insightsserve.
WhatseparatesTrueNorthMarket Insightsfromothersisthatitis alwayssearchingforbetter methods.Itconsistentlyconductits ownresearch-on-researchsothatit canbetterservetheclients.This hasledtomorepredictive solutionsthatoffermoreinsights. Butbeinginnovativeisnottheend initself.“Therehavebeenmany likemewholeftthecorporateside (orwereletgo)andtriedtostart theirownmarketresearch consultinggig,”saysDavidSantee, FounderofTrueNorthMarket Insights.
TrueNorthMarketInsights’longtermsuccesshasbeendueto stayingtruetowhoitis.Sincethe firmhasgrownupontheclient side,understandingwhatthe clientswantisatthecoreofits services.Theteamstrivestobeits long-termpartnerandnotjusta transactionalvendor.Andto achievethis,theteamalwayslooks atthelifetimevalueoftheclient.
Howdoesacompanyknowwheretoinvest? What newproductstocreate? Whattosayintheirads? Howtoimprovetheircustomerexperience?
Theseareallfoundationalquestions. Andtheanswerto thesequestionscanmakeorbreakacompany Thisiswhere marketresearchcomesin. AndthisiswhereTrueNorth MarketInsightsexcells.
FeaturingforTheEnterpriseWorld'sthisissueofTheMost InnovativeMarketResearchSolutionProvidersin2022is TrueNorthMarketInsights,acompanythathelpsothers growwiththerightkindofinsights.
TheCompanyTrueNorthMarketInsightsisamarketresearchcompany.
“We act as the eyes and ears for corporations.”
Thefirmconductsstudiestoidentifywhattheircustomers want,iftheymightlikeanewproductidea,andhowto
improvetheirexperiencewiththefirm. Theytest communicationstoensurethatthecompaniescanconnect withtheiraudience.
Withthededicatedeffortsoftheteam,thisactsasa motivatingfactorandarewardingfeeling,becausehelping othersconnectwiththeaudienceisattheverycoreofthe successofthecompany.Acompanywillnotsurviveifit doesnotunderstanditscustomers,knowwhattheywant, andbeabletodeliverwhattheywantinthewaytheywant it. AndthatishowfirmssuchasTrueNorthserve.
Nowalotofcompaniesmaydothis. WhatseperatesTrue Northfromothersisthattheyarealwayssearchingfor bettermethods. Theyconsistentlyconducttheirown research-on-researchsothattheycanbetterservcetheir clients. Thishasledtomorepredictivesolutionsthatoffer moreinsights. Butbeinginnnovativeisnottheendinitself.
“Therehavebeenmanylikemewholeftthecorporateside (orwereletgo)andtriedtostarttheirownmarketresearch consultinggig.”,saysDavidSantee,FounderofTrueNorth MarketInsights.
Butonlyafewofthembecomeanongoingfirm.Someof thebiggestchallengesforthecompanywerethesameasthe othershavefaced.Theonlydifferencewas,TrueNorthwas abletoovercomethosewithDave'sclient-sidereputation.
Thefirstchallengewassimplytogetafewclientssothat youcanpayyourbills.
“I believe what got us there was a good reputation and trust.”
Whileonthecorporateside,Daviddidallhecouldinhis pursuittonotgetcaughtupintheofficepoliticsandserve everyonewell.Thismadeiteasyforthefirmtogetholdof thosefirstfewclients.
TrueNorth'sfirstsetofclientscamefromthosewhoknew Davidonthecorporateside.Sometimeswhenhavingcoffee withthenewentrepreneurs,orthoseexploringthesuppliersideofinsights,Davidmakesitapointtorecommend avoidingofficepoliticsandtoserveeveryonewell. Becauseyoumightneverknowwhatrolesomeonewill haveinthefuture.Onemantrainsistson-
“When you are doing a project for someone, do the best you can. It doesn't matter who they are.”
“We search for better ways of doing things so that we can better serve our clients and make them successful.”
“When you are doing a project for someone, do the best you can. It doesn't matter who they are.”
TrueNorth'slong-termsuccesshasbeenduetostayingtrue towhotheyare.Sincethefirmhasgrownupontheclient side,understandingwhattheclientswantisatthecoreof theirservices.Theteamstrivestobetheirlong-termpartner andnotjustatransactionalvendor.Andtoachievethis,the teamalwayslooksatthelifetimevalueoftheclient.
AkeycomponentofTrueNorth'ssuccess,andwhytheycan establishpartnerships,isthattheyarealwaysthinkingabout theclient,andwhatisbestforthem. Thatincludesthe team'sprimarycontact.
“We want them to be successful.”
Thosewhohavenotbeenontheclientsidedonot understandthisperson'sroleandthepressuresand expectationstheyface.ThatiswheretrueNorthmakesthe difference. Forexample,iftheteamknowstowhomthe
reportisgoingandtheyunderstandthatperson's perspective,theycraftthereportforthatperson.
“WhenIwasontheclientside,Ifrequentlyaskedmy vendorsforupdatesonnewtrends,methodologies,andnew thinking. ButIrarelygotit. IwantTrueNorthtobethe firmthatunderstandsthetrends,whichisworthyof exploring,andwhichismerelyafad.
Toomanyfirmssimplydoresearchthesamewayithas beendonefordecades. Forexample,thewaywemeasure brandshasnotchangedsincethe30yearswhenIwasa junioranalystatHallmarkCards. Ok,thedatacollection haschangedfrommallintercepts,telephone,andnow online,buthowwestructurethequestionnairehasnot changed.Thatwouldbeokifthemethodwasgood–butit's not.”,saysDavid.
Somuchhasbeendiscoveredinthelastdecadeorsoabout howhumanstrulymakechoicesanddecisions. Weusedto believethateverythingwasrational. Whatwearelearning isthat95%ofourthoughtprocessisunconscious. We makedecisionsunconsciouslyandemotionallyandjustify themrationally ThisiswhatNobelPrize-winning psychologistsandeconomistssay(i.e.,DanielKahneman andRichardThaler),aswellasmanymore. Yetour researchmethodshavenotchangedindecades. Westillact asifeverythingisrational. Buttheyarenot. Thereisnow anentiredisciplinethatstudiesthiscalledBehavioural Economics.
WhenDavidfirstbeganstudyingthistopic,hewasabit defensive. Itwasclearthatifthisweretrue,howwedo muchofourresearchiswrong. Butasmoreandmorecame out,hereachedthepointwhereitneededtobeaddressed. Asaresult,David,withhisteambegandesigningstudies thatfitwithinthesenewinsights.
Unfortunately,thebiggestresearchfirmsaremanytimesthe slowesttolearn. Theirdatanormsandinternalprocedures arebasedontheresearchmethodsfromthepastdecades. It takesalotoftimetotest,makethedecisiontotryother approaches,andthentrainthroughouttheirorganization. Theyhaveafinancialincentivetokeepdoingthesame thing.FirmssuchasTrueNorthcanmakethatadjustment muchmorequickly.
“Wehaveconductedsomeofourownresearch-on-research
“We are not content standing still. We are always testing, growing, and doing our own research on research.”
onthesemethods. Wehavefoundthatfollowingthe principlesofBehaviouralEconomicsandhowhumanstruly makedecisions,ourmethodscanbemorepredictive.”, David
Inshort,humansdon'tmakedecisionson5-pointscales. Theymakechoices. Yetmostresearchersarereluctantto giveupthedecades-oldapproachofusingscalessuchasthe Likertscale. Bytheway,theLikertscaleisalmost90years old. It'snotourfather'sscale–it'sourgrandfather'sscale. Anditisnotconsistentwithhowhumansmakedecisionsin therealworld.
TrueNorthdeveloped3newsolutionsbasedonthese insights.
Onethingwenowknowisthateverythingisrelative.We don'thaveanabsolutevalueinourmindsforabrand.
“Our industry's research methods have not changed in decades. We still act as if everything is rational. But they are not. ”
Humanscomparealternativesandmakechoices. Noscales andrelativetoeachother. Yettraditionalbrandstudieshave youevaluateabrandonlotsofattributesallonscales. In otherwords,inisolation. Notrelativetoanythingelse.And that'saproblem.
Thetraditionalstudiesarelonganddifficultforrespondents.
TrueNorth'ssolutionfollowsaverydifferentapproach. Theyasktherespondenttoevaluatetheclientbrandandits relevantcompetitorstogetherandchoosewhichtheylike thebest. Theywillchoosewhichoffersthemostvalue, whichhasthehighestquality,whichbestdeliversonany numberofdimensions.
What'snoteworthyinthisprocessisthattheyputthebrands togetherandnotinanisolation.Presentingthesereportsto theclients,theyarethenaskedtomakechoicesastheydo intherealworld,andnotevaluateonascale.
Fromapracticalstandpoint,thishelpsthemcapturemuch moredataonmorebrandsusingthisapproach. Anditis muchmoreengagingfortherespondentssotheyaremore likelytostayengagedthroughouttheentiresurvey.
AclientincludedTrueNorthinanRFP(requestfor proposal)todevelopasystemtoevaluatemanynewideas. Now,asapartoftheproductdevelopment,theteamwas quicktoscreenoutideasthathavealowprobabilityof successsothatmoretimeandresourcescanbeinvestedin theideasthattrulyhaveanopportunity.
Thetraditionalapproachwouldbetoaskrespondentsto evaluateeachoftheideasona5-pointpurchaselikelihood scale.
Theteamsatbackandwatchedthepurchaseprocessand mimickedthatprocessintheirapproach. Whenshopping foralmostanything,shopperswillidentifyasub-setof productsthattheywouldconsider. Second,amongthose thattheymightconsider,theywillchoosetheirfavorite. Finally,theycheckout. Notice,noscales,justchoices.
TrueNorth'sprocessgoesthroughthesameprocess.The teamasksrespondentsiftheywouldconsiderthe alternatives–aquickthumbsupordown–justliketheydo intherealworld. Thenofthosetheywouldconsider,the teamwouldaskthemtocomebackandtellwhichthey wouldpurchase;again,yesorno. Finally,dependingonthe product,wetakethemtocheckouttoconfirmtheir “purchase.”
Sodoesitwork? TrueNorthdidtheirowntest-control studytovalidatethefindings. Theyhadacellwherethey askedtheinterestof10fastfoodrestaurantsusingthe traditionalpurchaselikelihoodscale. Thentheyhadacell usingtheirchoiceapproach. Andtheresult–noteven close.
BothWendy'sandMcDonald'sreceivedaverysimilar score. Notsurprising. Buthere'stheproblem. McDonald's shareisverydifferent. Infact,McDonald'sshareisalmost 3timesthatofWendy's–buttheyreceivedthesamescore. What'sgoingon?Thatshouldgiveanyresearcher heartburn.
ButTrueNorth'schoiceresultswereamazingclosetothe actualmarketshare.
Now,thereareothergoodchoice-basedmethods,suchas MaxDiff. ButbyusingtheRapidReviewapproach,the firmhasbeenabletotestover200ideaswithinonestudy. SomethingMaxDiffcouldneverdo.
Besidesbeingmorepredictive,sincethequestionnaireis straightforward,theycanhaveresultsfast–typicallyina week.
Andthepriceistypicallylower,too,becausethefirmdoesn't needabigPowerPointdeckandhoursofanalysis. The metricsareverystraightforward.
Somecompaniesmayforgotestingproductsaheadoftime duetothetimeittakesorthecost,butmakeiteasytobring thevoiceofthecustomerintotheirdecision-makingprocess.
Understandingwhycustomersleaveisimportantto understand. Somebelievecustomersleavedueto dissatisfaction. Thatmightbetrue. Butthefactisthateven satisfiedcustomerswillleave. Thereasonsforattribution cangofarbeyonddissatisfaction.
BehaviouralEconomicsstatesthat95%ofthedecisionmakinghappensinthesubconscious. So,whenthequestion isputforward,“whydidyouleave,”thereislessprobability ofgettingtherealreasons.Therecouldbeanyreasonfor this.Perhapsthebranddoesnotfitthemanymore;perhaps theyhaveoutgrowntheproductastheyhaveenteredanew lifestage,andperhapstheirfriendsarenowusing somethingdifferent.Perhapsthebrandpersonalitydoesfit them.
DefectionDetectionisanapproachthatgetspastthe logical,surfacereasonsforattritionanddiscoversthereal reasons.
Forthemostofhiscareer,Davidhasworkedontheclient sideofthebusinesses.Hisstellarprofessionaljourney includesthenamesofsomeofthebiggestorganizations likethatofHallmark,Colgate(Hill'sPetNutrition),and H&RBlock.Eventhoughmostassignmentshehas workedonhavebeeninmarketresearch,hehasalsohad rolesinProductManagement,NewProduct Development,andKeyAccountManagement.
David'slastcorporaterolewasastheDirectorof WorldwideMarketResearchatH&RBlock.Thisrole helpedhimlearnalotofnewthings.Thingslike,itisnot justaboutresearch.HegottoworkwiththeC-Suiteand otherleaderstobringtheminsightsintohowandwhen theyneededthem.Thejobbecameoneofcommunication andinfluenceratherthanprovidingdata. Mostofthoseat thetopdonotreadmarketresearchreports. Theyget theirinformationotherways.
“Unfortunately,thereisaratherlargemisconception aboutatypicalentrepreneur. Wehavethisimageof
someonelikeMarkZuckerberg,ayoungguywithanew-tothe-worldtechproduct. Butthatisnottheprofileofmost successfulentrepreneurs.
Theprofileofasuccessfulentrepreneurissomeonewhohas workedforothersforyears,andisinhisorher40sor50s. Thistypeofpersonhasabetterideaofhowbusinessesrun, whatmightbeagoodidea,andhasbusinessconnections thatcanhelphim. Thus,ifsomeonewantstobean entrepreneur,themostsuccessfulpathistoworkfor someoneelseandlearn.”
“I believe these non-research positions have made me a better researcher.”
“When you are doing a project for someone, do the best you can. It doesn't matter who they are.”
“If we want customers to have a real voice, we need to be prepared to have their voices heard through these other channels.”
NewYorkCity!Justthename makeseyessparkle,dreams biggerandeverythingmuch merrier Withanoverwhelmingamount ofopportunities,toanartist,awriter,a banker,anengineer,younameitand NewYorkhassomethinginstorefor you!
comprisesoffiveboroughs,eachof whichextendswitharespective countryofthestate.Thefiveboroughs are-
Ÿ BrooklynortheKingsCountry
Ÿ QueensortheQueensCountry
vastmajorityofpeoplepouringinfrom overtheworldhavemadeNewYorka culturalcapital,withawhopping800 languagesspokeninthecity,akindof linguisticdiversitythat'shardtofind anywhereelse.
Beforewediveintotheextravagant cultureofNewYork,letusfirst understandNewYorkCityislocatedononeofthe world'slargestnaturalharbors,which extendsintotheAtlanticOcean.It
Ÿ ManhattanortheNewYork Country
Ÿ TheBronxorBronxCountryand
Whataresomegeographical featuresofNewYorkCity?
Ÿ StatenIslandortheRichmond Country
ThemetropolitanofNYCmakeupthe premiergatewayforanylegal immigrationtotheUnitedStates.The
What is the history of New York City?
17th Century New York
The Dutch founded their rst permanent trading post
Thecityisahometomorethan3.2 millionresidentsbornoutsidethe UnitedStates.Asof2022,theNYC metropolitanareahadproducedan estimatedgrossmetropolitanproduct ofover$2.1trillion,toppingthelist worldwide.Withthisestimateinmind, thecityalsohousesthehighestnumber ofbillionairesandmillionairesofany cityintheworld.
Peter Minuit bought Manhattan from the Native Americans.
The rst black slaves arrived, who played a major role in forming the colonies.
A Wall was built to protect New Amsterdam, across Manhattan Island. The street next to it was call The Wall Street.
Giovanni da Verrazano discovered New York Harbor Henry Hudson sailed up the Hudson River18th Century New York
Bythistime,NewYorkhadalmostdoubleditspopulation,andthemainindustryinthecitywasthatofmilling.
The New York Gazette, the rst newspaper began its publication.
1732
1725
The rst theatre in New York was opened
19th Century New York
1754
1784
Kings College (Now Columbia University) was founded. The Bank of New York was founded.
1789
1792
George Washington took his presidential oath at Federal Hall. Trading in stocks and shares took place in and around Wall Street.
1820
The rst line of New York Subway was opened.
1826
New York became the largest city in the USA with a population of 123,000. Washington Square Park was created.
New York University was founded.
1831
1845
New York City Police Force was founded.
Madison Square was opened.
1847
1851
The New York Times began publication.
1904
1886
First telephones were installed in NYC
The Statue of Liberty was dedicated by President Grover Cleveland
1878
1872
Frederick Law Olmsted and Calvert Vaux created Central Park.
Bloomingda le's was founded.
1858
1858
Macy's was opened
WhatisthestorybehindTheStatue ofLiberty?
“We will not forget that Liberty has here made her home; nor shall her chosen altar be neglected."
—PresidentGroverCleveland, acceptingtheStatueofLibertyon behalfoftheU.S.,October28th,1886
TheStatueofLibertystandstallinthe UpperNewYorkBay,representingthe universalsymboloffreedom.The StatueofLibertywasoriginallygifted
byFrancetotheUSAasanemblemof strengtheningfriendship,andalsoasa staunchsignoftheirmutualwishfor liberty
Overthemanyyears,ithasevolved intosomuchmore.Itisalsoregarded astheMotherofExiles,whostands strong,welcomingthemillionsof immigrants,asanepitomeand embodimentofempathy,hopeand opportunityforeveryonewhoisin searchofabetterlifeintheUSA.
RepresentingthespiritofAmerica itself,thestatueexcitesthedesirefor freedominpeopleallovertheworld.
Hereareafewinterestingfactsabout TheStatueofLibertyyoudon'twantto missouton-
Ÿ TheStatueisinspiredbyaRoman Goddess,Libertas-goddessofliberty.
Ÿ LadyLibertyoriginallywasbrownin color,beingmadeoutofpurecopper However,after1900itbeganto developagreenpatinaduetothe oxidation.
Ÿ TheStatueofLibertyusedtobea lighthouseandguidedshipsinNew York'sharbor
Ÿ LadyLibertyhasbeenstruck600 timesbyalightningbolt,butnoneof theboltshavecausedanykindof severedamagetoit.
Ÿ ThecrownofLadyLibertybears7 spikeseachrepresentingtheseven oceansandcontinentsoftheworld.
TheWallStreet-What'stheStory behindtheChargingBull?
TheChargingBullortheBigBullon theWallStreethastodaybecomethe universalsymboloftheAmerican stockmarketanditsbigbusiness.Itis alsooneofthemostvisitedand popularsightsinthecity.Touristspour infromaroundtheworldtoseethis bronzebeast.
TheChargingBullsculpturewas createdbyanItalian-Americanartist, ArturoDiModica.DiMonicacameto NYCinthe70s,andbeinginspiredby thecity'senergyheopenedastudioon
GrandStreetinthemoderndaySoHo.
DiMonicastartedworkingonthebull afterthestockmarketcrashof1987, wherehefeltheowedsomethingtothe Americansforsograciouslyaccepting himandsupportinghiscareerasa sculptor.
Hepaidawhoppingsumof$360,000 ofhisownmoneytobuildthe ChargingBull.WiththeChargingBull, hewantedtoinspirepeopletocarry throughhardtimesandcelebratethe consistencyandperseveranceofan Americanbusinessprofessional.He chosethebulltorepresenttherising marketandathrivingeconomy,which everybodywasfightingforafterthe bigcrash.
WhatistheBestTimetoVisitthe Bull?
Unliketheothermonumentsofthecity, forexampletheStatueofLiberty, ChargingBulldoesnothaveanytickets andhasano-costadmission.TheBull standsinthemiddleofthestreet,soyou canveryeasilyvisititanytimeofthe day
Bymid-day,youcanfinddozensof peoplelinedupinfrontforasnap.So,if youwanttogazeattheBullwithout anyonepesteringtomovealong,you willhavetoshowupearlyinthe morning.
ATraveler'sTip-
Wintercanbeagoodtimetovisitthe Bull.Owingtothesnowy,chillydays youcanfindfewerpeoplearound.And ifyouarelucky,youcanalsofindthe Bullcoveredinablanketofsnow!
AlwaysToppingtheLists-
HereiswhyNewYorkCityisalways onthe'TopCitiestoLiveIn'lists-
NewYorkisregardedasoneofthemost diversecitiesintheworld.Thecityis alsosometimesreferredtoasThe MeltingPotbecauseofthenumberof immigrantsmovingherefromaround theworld.
Itsdiversityiseasilyreflectedinits food,art,music,cultureandthe neighborhoods.
HereisafunthingtodoinNYC-
YoucanvisittheTenementMuseumand exploreNYC'simmigrationhistory.You willbeabletovisitthe19thcentury tenementbuildingandlistentothe storiesoffamiliesthatlivedthere.
TheDeliciousFood
Youask'WhyisNewYorksofamous?'
Theanswerisincompletewithoutatour tothelocalculinaryculture.
NYSisafoodie'sparadise,mostly becauseofitsgloballyinspiredcuisine andalsoaheavyinfluencebymany culturesofthecity.
WonderingwhatfoodNYCisfamous for?SomeofNewYork'smostfamous foodsincludetheclassicslikethatof NewYorkbagels,NewYorkpizza,and theNewYorkcheesecake.
Becauseofitsmulticulturalnature,it alsohousesauthenticcuisinesacross theglobe.Tonameasingleplacetotry amazingdisheswouldbehard,butyou canvisittheQueensNightMarketin Queens.Inthisopen-airweekend market,youcantryfoodfrommore than100localvendors.
Smorgasburgisanotherweekend marketgenerallyfoundinBrooklyn, Manhattanandafewotherplaces.If youareinthemoodtocruisearound, enjoybeautifulsceneryoftheNew YorkCity,whileenjoyingPhilly cheesesteaks,Chinesebaobuns, Filipinostreetfood,Indonesianrice bowlsandsomuchmore,The Williamsburglocationwouldsuityou thebest.
NewYorkisalsofamousforsomeof thebestandthemostuniquerestaurants intheworld.LikeCaféSerai,where youcantastetheReubenMomos,the traditionalTibetandumplingswitha NewYorktwisttotopitoff.
Therealsoareanumberoffoodtoursin NYCwhereyoucanbeanaudienceto thestoriesofdifferentneighborhoods throughfood.Someoftheminclude-
Ÿ NYCGreenwichVillageItalian FoodTour
Ÿ NewYorkCityLowerEastSide Culture&FoodTastingsTour
Ÿ Chinatown&LittleItalyFoodFest
TheMuseumsofNewYork
NewYorkhostssomeamazingand world-classmuseumsandmanyof themhaveafreeentry.
Ÿ MetropolitanMuseumofArt
Ÿ AmericanMuseumofNatural History
Ÿ MuseumofModernArt
Ÿ WhitneyMuseumofAmerican Artand
Ÿ GuggenheimMuseum
Thesemuseumshavethemost impressiveandawesomecollections ofartandotherhistoricalartifacts.
Broadway-ACelebrationofArt
OneofthemainreasonswhyNew Yorkissofamousistheincredible showsonBroadway!
NewYork,withtheculturallyrich anddiversevisualandperforming artsscene,isthemostcelebrated destinationsfortheatreglobally. Broadway'sstageshaveheld countlessplaysandmusicalsand someofthebestperformershave gracedthestage.
Here'satipifyoulovetoursdearly-
YoucanbookaBroadwayTheaters &TimesSquarewithaTheater Professionalexcursionanddivedeep intothehistoryandcultureof Broadway.
TheExtravagantHolidays
Therearejustafewothercitiesin theUnitedStatesthatgoalloutto celebratetheholidaysasNewYork.
ThanksgivinginNewYorkCityisa bigfestival.Macy'sThanksgiving DayParadeservesasanunofficial starttotheholidayseason,andthe tinkerlightscomeoutdecoratingthe
citywithwidesmilesandahappy spirit.
Andthencomesthebiggestfestivalof thecity-Christmas.Wehaveall watchedHomeAlone-LostinNew Yorkamilliontimesduringthe holidays,andhavebeenmesmerizedby thebeautyofthecity.Itissomething yousimplycan'tmiss.Thebeautiful windowdisplays,eventsinthecity, decorations,everylittlethingtakesthe atmospheretoanotherlevel.Watchthe cityturnintoatruewinterwonderland aroundChristmas.
Amoderncitywithbusybrokersand aspiringstudents,youwouldthinkitis hardtofindtimetositandappreciatea beautifulbuilding.Buttheglass skyscrapers,silhouettesofsomeofthe mosticonicbuildingsliketheEmpire StateBuildingandtheChrysler BuildingmakeforNewYork's impressiveandstrikingskyline.
Ifyouwanttogetmoreknowledge aboutthecity'sarchitecture,youcan considerthefollowingtours-
Ÿ NewYorkCityarchitecturetour
Ÿ NewYorkDowntownArchitecture audiotour
Ÿ FlatironFood,Architecture& HistoryTour
Youcanalsolookoutforthe ManhattanArchitectureYachtCruise. Onthisspecialtouryoucansipon wineandbeersittingina1920s-style yachtandlistentothenarrationfrom theAmericanInstituteofArchitects (AIA).Thisisoneofthebestandmost soughtafterManhattanskylinetours available.
NewYorkishometoincredible culturalinstitutions,hasmesmerizing
artmuseumsandthefamous BroadwayTheater.Butitslegacyofa vibrantculturegoesevenfurther
NYCisalsofamousforahappening musicscene.Fromthefunkyuptown jazzclubstothepopulardowntown punkmusichistory,NewYorkhas beenknowntobeamusichub.
Addingtothat,thecityisalsooneof thefashioncapitalsoftheworld,with itsfashionrootsdatingbacktothe 19thcentury Today,thefashionscene ofNewYorkhasevolved,wherethe cityisahosttotopannualFashion
Weeks,andalsoholdssomeof themostfamousfashiondesigner andretailerheadquartersthan anyotherUScity
Bothmarketingandsalesneedto
worktogethertounderstandthe painpointsoftargetpersonas anddevelopanactionplanfor generatinghigh-qualityleadstodrive theirbusinessgoals.
Tomakeyourjobeasier,we’ve compiledalistof11B2BLeads generationtacticsthatwillhelpyou capturepaidandorganicleadsand generatehigherconversionsforyour business.
HereisHowtoGenerateB2BLeads:11 TacticsThatGetResults;
1.Developasystemtoroutinelyhost webinars
Inamarketwhere91%ofB2BLeads professionalsbelievewebinarsaretheir favoritesortoftrainingmaterial,it’s clearyoushouldpayattentiontowhat theywant.Webinarsarefrequently rankedasthemostsuccessfulB2B Leadscontentformat,buttheymaybe time-consumingtoorganizeand conduct.
2.Alteryourblogentriesinto comprehensivetutorials.
Again,thisisatried-and-truemethod forgeneratingnewleads,butwithtactic #8,wereallycrankthingsupanotch. Thegreatthingaboutthistacticisthat youareprobablycurrentlyspendinga lotoftime,energy,andmoney developingcontentforvariousonline outlets.
Yourgoalistomaximizethereturnon thatfinancialcommitment.
Therefore,itmakesperfectsensetotake thatmaterial,organizeitinappropriate groupings,andthentransformitinto muchbiggerpiecesofcontent.Business ownerswillbeinterestedin downloadingacompilationofallof yourblogpostingsonthetopicof businessmanagement,forinstance.
3.Generateemailleadsfromvideo views
Youalsodon’twantprospective prospectstojustviewyourvideo materialandthenvanish.You’veputin alotofefforttogetyourvideoviewed bythisprospect;itwouldbesillyto justsitbackandwatchthemgo withoutsayinganything.
4.Segmentyourcontentstrategy
Evenwhileyou’llheartheterm “segmentation”mostofteninthe contextofemailmarketing,it’sjustas relevantwhendiscussingcontent marketing.Nomatterwhetherit’sa blogpost,anemail,oraproduct description,ifyoucreatecontentwith awidetargetaudienceinmind,you’re lesslikelytocatertothespecificneeds ofthataudience,whichiswhat motivatesB2BLeadscustomersto takeaction.
5.PromoteyourB2BLeads generationcontentonTwitter
Fromitsinceptionin2016tillnow, Twitterhashadaquitepeculiarhistory Inreality,thecorporationisshiftingits brandingawayfrom“socialnetwork” andtoward“newsplatform”inthe mainappstores.
EvenwhileTwitterwillstillbeusedby manyasasocialnetworkinthe foreseeablefuture,theshiftin classificationrevealsinterestingfacts aboutitsusers.
Twitterisaplatformforindividualsto keepupwiththenewsandinformation theycareabout;thisisthefunction B2BLeadsbusinessesshouldplayon theplatform.
6.UseLinkedInAdvertisingto targetbigspenders
Iwon’tattempttosugarcoatit; LinkedInadvertisingaren’tcheap.It’s ironic,therefore,thatthisdeters
business-to-businessadvertisersfrom usingthenetwork.Afterall,LinkedIn allowsyoutoadvancenaturally,but Facebookadvertisementsare prohibitivelyexpensive.
7.Optimizeyouremailmarketing effortsformaximumreturnon investment
Marketingautomationisoneofthe mostpopularnewapproachestoemail marketing,andithasprovenvery effectiveformanyB2BLeads companies.
Confusedbyallthehubbubabout “marketingautomation”?Havealook atthis.Essentially,automation eliminatestheneedforhumanlabor associatedwithmanagingsegmented lists,targetinguserbehaviors,anda plethoraofothertasksthatcan transformyouremailmarketing strategyfromblahtoexcellent, allowingyoutodothingslikerecover 50%ofabandonedcartsormultiply salesby5times.
8. MakeuseofFacebook’stargeting features
WehavealreadydiscussedFacebook’s superiortargetingpossibilitiesonour blog,andwestandbythatassessment. Facebook’sabilitytoeffectively capitalizeonthevastamountsofuser dataitcollectswitheachapplaunch hasbeenvitaltothecompany’ssuccess inthesocialadvertisingspace.
IthasalsobeenessentialinFacebook’s successinbusiness-to-business marketing,whichisnowonparwith thatofbusiness-to-consumerefforts.
9.Buildyourownonlinecommunity
It’snosecretthatonlinecommunities likeRedditandQuorahavealotof influence.Creatinggroupsonnetworks likeLinkedInandFacebook,which provideparticularfunctionalityfor
this,hasproventobeoneofthemost effectiveB2BLeadmarketing techniques.
Aswe’veseen,SEMrusheven managedtoestablishitsown communityonTwitter,despitethefact thatTwitterdoesn’tprovidethesame levelofsupportfordoingso.
10.Convertemailleadsinto… additionalemailleadsbylaunching areferralcampaign
Convertingyourcurrentleadsand customersintobrandnewonesis reallyfulfilling,particularlywhenthey domostoftheeffortthemselves.
Here’swherereferralmarketingreally shine,particularlywhenrunentirely automatically
11.GuestBlogging
Postingrelevantmaterialonyourown websitemayonlyprovideyouwitha limitedamountoftraffictoattract prospects.However,attemptingtopublish materialonnumerousthird-partysites providesyouwithendlessexposureand placesyouinfrontofindividualswho havenotyetfoundyou.Itisbeneficialin
Followingtheleadgenerationstrategies we’velookedatinthisarticle,thekey
questionnowishowmanyleadscan youhandle?Therecomesapoint whereyouendupwithmoreleads thanyoursalesprocesscandeal withbutthere’sasolutionforthis problemaswell.
Automationmeansyoucanhandle vastnumbersofleadswithoutthe manualworkloadandyoucantakea lookatourarticlesonB2BLeads segmentationandlead qualification/scoringtolearnhow youcanprioritisethemostvaluable leadstoyourbusiness.
Formorethanadecade,
Microsofthasbeenthemarket leaderinoperatingsystems.It wasestablishedbyBillGatesandPaul AlleninAlbuquerque,NewMexico,in 1975,46yearsago,andiscurrently flourishingallovertheworld.Inthe 2020Fortune500listofthemost significantUScompanies,Microsoft cameinatnumber21.Itisvaluedas thethird-highestglobalbrand.The businessisadigitaloperatingsystems leader
OnApril4,1975,BillGatesandPaul AllenestablishedMicrosoftinorderto createandmarketBASICinterpreters fortheAltair8800.Inthemiddleofthe 1980s,MS-DOSandthenWindows propelledittothetopofthemarketfor personalcomputeroperatingsystems. Threepeoplebecamebillionaires thankstoMicrosoft's1986initialpublic offering(IPO)andsubsequentincrease inshareprice,whileanestimated
12,000Microsoftemployeesbecame millionaires.Sincethe1990s,ithas movedfromtheoperatingsystem industryandacquiredanumberof businesses.Theirgreatestacquisition wasLinkedInfor$26.2billionin December2016,whichwasfollowed bySkypeTechnologiesfor$8.5billion inMay2011.
In2018,Microsoftrecaptureditstitleas themostvaluablepubliclytraded businessintheworldafterbeing dethronedbyApplein2010.After AppleandAmazon,Microsoftbecame thethirdAmericanpublicfirmtohavea marketcapof$1trillionormorewhen itdidsoinApril2019.Microsoftwill havethefourth-highestworldwide brandvaluationasof2022.
JourneyofMicrosoft-
Microsoftisadailyandregularword usedineverycorporatesector The
globalproductisownedbyMicrosoft CorporationbasedinAmericaisa multinationaltechnologycorporation. Theassociatedservicesheadquarters aresituatedatMicrosoftRedmond campusinRedmond,Washington, UnitedStates.Thebestproductsof MicrosoftaretheWindowsseriesof operatingsystems,themicrosoft officesuiteandinternetexplorer,etc. TheXboxvideogamingconsolesand theMicrosoftSurfacerangeof touchscreenpersonalPCsareitstwo mainhardwareofferings.Microsoft wastheworld'slargestsoftware companybyrevenueasof2019;it wasplacedNo.21intheFortune500 rankingsofthelargestAmerican firmsbytotalrevenuein2020.Along withAlphabet,Amazon,Apple,and Meta,itisoneoftheBigFive Americantechnologicalfirms.The journeyofMicrosoftkickstartedwith abasicsetup.
The current global venture was founded by Bill Gates and Paul Allen on 4th April 1975 with the main motive to produce and sell BASIC interpreters for the Altair 8800.
As a result of an arrangement the company made with ASCII Magazine in Japan in August 1977, ASCII Microsoft opened its rst overseas ofce.
In the middle of the 1980s, MS-DOS and then Windows propelled it to the top of the market for personal computer operating systems.
Since the 1990s, it has moved from the operating system industry and acquired a number of businesses.
Microsoft started to reevaluate its products and broaden its product line into computer networking and the World Wide Web after Bill Gates' internal "Internet Tidal Wave letter" on May 26, 1995.
Microsoft released Windows XP on October 25, 2001, combining the NT codebase with the mainstream OS line. Later that year, the company introduced the Xbox, breaking into the Sony and Nintendodominated market for video game consoles.
Microsoft, which was becoming more active in the hardware market after the launching of Xbox, introduced the Zune line of digital media players in 2006 as the replacement to its earlier software platform Portable Media Center.
The Windows Vista released in 2007 featured the security and redesigned user interface dubbed Aero, following with the release of MS Ofce 2007 with the feature of Ribbon user interface.
Throughout the 2011-12 Microsoft restructured its identity with focusing on logo, products, services, etc.
Microsoft released a x for Windows 10 in January 2018 to address CPU issues brought on by Intel's Meltdown security aw. The patch caused problems with the virtual machines running on Microsoft Azure that use Intel's CPU architecture.
On June 24, 2021, Microsoft announced Windows 11.
ThegrowthofMicrosoftandits productsandservicesiswitnessed bythewholeworld.Inaninterview withMr.BillGatesmentionedthe growthofMicrosoftcreditingitto theirteam.
Microsoftbeingaglobalventure todayhasnoneedofany recognitionstrategyormarketing strategy Thecorporationbeingan InformationandTechnologybased corporationworksmostlyonits productsandservicesrelatedto databasesandsoftwares.The4Ps fromthemarketingmixworkson pointformicrosoft.The4Ps includesProduct,Price,Place, Promotion.
Aproductissomethingthatsatisfiesthe needsanddesiresoftheconsumer, whereasaproductmixisthevarietyof thatproduct.Microsoftisaretailerof bothhardwareandsoftware.Computers, laptops,tablets,Xbox,andphonesare amongtheirhardwaregoods.Microsoft OfficeandWindowsOSareamongtheir softwareproducts.Microsofthasabroad rangeofproducts.Itisprimarily renownedforits
Ÿ Devices
Ÿ Softwares
Ÿ Apps
Ÿ Games
Ÿ Entertainment
PriceMix
Pricemixisthemethodusedto determineaproduct'spriceasopposedto price,whichreferstothemonetaryvalue ofaproduct.Microsoftfrequently employstheBuyOnlyWhatYouUse, Freemium,andMarket-orientedpricing strategies.
Ÿ FreemiumPricing
Ÿ Productline
UnderPriceMix,Microsoftprovides thefollowingservicestoitsclients:
Ÿ Customerscaneasilyselect productsandservicesfrom Microsoft'sofficialwebsitebased ontheirneeds.
Ÿ Microsoftoffersretaillocationsall overtheworldwherecustomers mayusetheguidanceoftechnical advisorstomakesmarterdecisions.
Ÿ Additionally,Microsofthas approveddealersanddistributors. Microsoft'sstrategicallysound locationmixmakesitsproducts readilyavailabletocustomers worldwide.Nowlet'stalkabout Microsoft'spromotionalstrategyto discoverhowitkeepsitspositionat thetop.
Withtheaidofitspowerfulbrand image,Microsoft'spromotionalstrategy preciselyaddressesitstargetmarket.It advertisesitsproductsonanumberof
Twitter,Google,Instagram,etc. Microsoftemploysanumberof differentpromotionalstrategies, includingadvertising,directmarketing, andsalespromotion.Itreachesits intendedaudiencethroughastrategic channel.Microsoft'svarietyof promotionsincludes-
Ÿ Advertising
Ÿ SalesPromotion
Ÿ DirectMarketing
Ÿ PersonalSelling
Ÿ PublicRelations
Evenbeforethepandemic,scientists havelongponderedtheimplicationsof aworldinwhichreportingforworkno longermeantreportingforwork.Ifwe hadtheabilitytodisconnectfrom actuallocationsthankstocontemporary technology,howmightour employment,offices,andworkdays change?Whatwouldbethegenuine advantages?Whatwouldtheobstacles be?COVID-19thenstruck.Everything changedandbecameunpredictable fromabusinessstandpoint,butfroma researcher'spointofview,itoffereda hugeopportunity.Thiswastheperfect opportunityforsocialscientiststo
ofanentirelydigitalworkforce.
EarlyinMarch,justadayaftertheorder wasissuedforallemployeesat Microsoft'sRedmond,Washington headquarterstostayathome,scientistsat thecompanystartedthinkingaboutthe researchpossibilities.Thechiefscientist forMicrosoft'sExperiencesandDevices, JaimeTeevan,anddirectorofapplied scienceBrentHechtmetonlinewitha dozenothercolleaguestodiscusswhat hadjustoccurred,whatwasaboutto occur,andwhatitallmaysignify.Hecht assertsthatoneofMicrosoft'sadvantages isthestaffmembers'intensecuriosity.
Ofcourse,thebalancebetweenbenefits andlosseswasfarfromclear-cut.A significantminusforsomewasabonus forothers.Workingfromhomeandbeing freeofofficeinterruptionshadbeena blessingforsomepositions,butithad beendifficultformanagersand employeesinmorecollaborativefieldsto recreatethecreativefrenzyof brainstormingsessions.Nearlyevery benefit hasaconcomitantdrawback. However,acloserlookatthedatasofar offershelpfulinsightsthatmightnotonly guideusthroughthedifficultiesweare currentlyfacingbutalsoinfluencehow wemightthinkaboutmakingthings betteroncewearepermittedtoreturnto ourworkplaces.
Insummary,Microsoftisthemarket leaderbecauseofitsdominantworldwide presenceandleadership.Their welcoming“perfectcoffeeshop atmosphere”shouldbealong-term competitiveadvantage.Thecompany's retailoutletsandon-sitecollaborations haveearnedhigherresponserates, puttingtheminfrontofthepackinthe maturebusiness.Asaresultofitsallencompassingmarketingapproach, Microsoft enjoysastrongglobalmarket
Microsoft is among the most well-known brand brands in business. However, company cofounder Paul Allen originally gave the business the moniker Microsoft, which was a mix of the phrases ``microcomputer" and "software."
Gates planned to rename the original Windows operating system to "Interface Manager" when it was still being developed. The moniker was initially used exclusively internally, with intentions to continue using it when the OS was eventually made available to the general public.
Over the years, Microsoft has used a number of distinctive logos, all of which are instantly identiable. However, the original Microsoft logo was created in less than a day by co-founders Bill Gates and Paul Allen.
One of the company's most well-known software offerings is Microsoft Ofce, which includes favorites like Microsoft Word, Excel, and PowerPoint. Despite the obvious connection to Microsoft, some people would be surprised to learn that Microsoft Ofce rst appeared on the Mac before moving to Windows.
While the typical Microsoft employee may come to mind as a serious coder, they prefer the seriously adorable moniker "Softie." The average softie is a male American resident who works for a company with more than 180,000 people worldwide.
Aseveryoneisaware,weareallinundatedwith
informationinthisageofInformationTechnology andBigData.However,informationisnotthe sameasknowledge.Whiletheinformationonjustabout everythingisavailableatyourfingertipstoday,itistrue knowledgethatwillallowyoutodothingsinanoptimum way,avoidpitfalls,andadvancedirectlyonthebestpathto success.
Inthebusinessworld,alackofadequateknowledgeabout thecriticalaspectsofrunninganenterpriseandachieving objectivescouldbethedeathnailinyourcompany’scoffin. Inparticular,therearecertainknowledgegapsthatcanbe detrimental.Soifyouhaveblindspotsinanyofthebelow areas,itiscriticaltoworkonbuildingyourknowledgein theseregardsifyouwanttobesuccessfulinbusinessand causeKnowledgeGaps.
Eveninthismodernage,manyorganizationshavebeen reluctanttoembraceadvancementsinfinancial management.This,however,canbeabigmistakeandcan putyourbusinessatrisk.Oldtimeshavegone,andthe modernworldhasfreshconceptsandtoolstomanage variousfinancialaspectsofanycompany
Theseincludesoftwaretoolsforhandlingexpensesand income,financialstrategies,projections,andplanning.Any businessownerwhoturnsablindeyetofinancial managementputstheircompanyatriskoffailure.
Inbusinesstoday,thefoundationofeveryprocessis technology.Itissomethingthattouchesallaspectsofany
organization.Embracingthelatesttechnologyandusingit efficientlywillhelpyoutoimproveeveryaspectofyour business.Forexample,Fintech(financialtechnology)tools allowyoutostreamlineyourfinancialmanagement processes.
Arealbusinessleadermusthaveadeepunderstandingof thelatesttechnologyandhowitcouldimpacttheir business.Whetheritistomanagefunds,marketproducts, orcontrolproduction,youhavetounderstandthe indispensableroleoftechnologyinitandensureitstimely deploymentintherightwaytoachievesuccess.
Digitalmarketingisnothingbutmarketinggonetech becausetheword‘technology’issynonymouswith‘digital’ today.Mosttechnologieshavetransformedintotheirdigital versionorareheavilycontrolledbydigitalprocesses.The riseoftheinternethasgraduallyside-linedtraditional marketingmethods.TheCOVID-19pandemichasdriven thelastnailsintothatcoffin.KnowledgeofDigital MarketingisthemostimportantoritwillcauseKnowledge Gaps.
Today,therearecountlessdigitalmarketingmethodsfor almosteverycompany,withahostofnewadvantages comparedtotraditionalmarketingmethods.Business leadersshouldbeacrossthelatestdevelopmentsofdigital marketingandtheirbenefits,suchasinteractive promotionalcampaigns,targetedads,instantcustomer support,andAI-basedchatbotservices.Thisknowledgecan helpthemfillanyKnowledgeGapsintheirorganization.
Anorganizationwithoutinnovationinitsproductsand servicesintoday’sadvancederawillnotthriveintoday’s competitivemarket.Innovationmeansleveragingstate-ofthe-artcapabilitiesforprovidingsolutionsthatmakelife better,moremeaningful,andovercomedifficulties.Italso meansadaptingtochangingtimesandstayingabreastwith themostmoderndevelopments.Manyorganizationsthat werepreviouslybignamesarenowheretobeseenthese daysbecausetheyfailedtomovewiththetimes.
Providingthesameproductsandofferingthesameservices, allinthesamewayforyearsonendisasureticketto disaster.Whilelargecompaniesfellonhardtimesduetoa lackofinnovation,theirplaceinthemarketwastakenby newstartupsthatquicklymadetheirmarkwiththeir
innovativeproductsandservicesthatmetthedemandsof time.
Legalisanotherareathatisalltoooftenignoredbymany businessleaders.Intoday’sworld,businessesareboundby aplethoraoflawsandregulations.Notonlythat,but violatingsuchregulationscouldleadtosignificantfinancial penalties,andmayevenleadtothebusinesshavingtoshut down.AlackofKnowledgeGapsofthelawisnoexcuse. Whetherbigorsmall,everycompanyneedstofollowthe letterofthelaw.EvenMarkZuckerberg,theCEOofthe socialmediagiantFacebook,hasbeeninandoutofcourt forsometimenowbecauseoflegalquestionsoverthe company’sinformationmanagementanduserprivacy.
Whetheryouareanewentrepreneuroranestablished businessleaderit’snotuncommontohaveKnowledge Gapsinyourknowledgeincertainareas.Afterall,noone canbeanexpertineverything.However,leavingeven minorknowledgegapsincertainareascouldprovefatalto thesuccessofyourbusiness.Youdon’thavetobe knowledgeableineveryarearelatedtoyourbusiness,but workingtocoverandbridgeanyKnowledgeGapsin certainareas,suchaslegal,technology,digitalmarketing, orfinancialmanagement,willhelpyoutotakeyour businesstothenextlevel.