SIS International Research
Adam Villalobos
January 28, 2013
“Market research is the systematic gathering, recording, and analysis of qualitative and quantitative data about issues relating to marketing products and services” (Bradley). Qualitative means a distinction based on some quality or characteristic rather than on some quantity or measured value which is exactly what quantitative means. Quantitative is information based in quantities such as quantifiable market research data. The main definition of market research is the process of gathering, analyzing and interpreting information about a market, about a product or service to be offered for sale in that market, and about the past, present and potential customers for the product or service; research into the characteristics, spending habits, location and needs of your business 's target market, the industry as a whole, and the particular competitors you face.
“SIS International Research is a leading global Market Research & Market Intelligence firm providing comprehensive research services and strategic analysis of information. They have served many of the world’s largest and most influential companies, serving over 70% of the Fortune 500” (About SIS). SIS stands for Strategic Intelligence Systems, Inc. was founded on Madison Avenue by Ruth Stanat in New York City as a database market research company in 1984. The company capitalized on offering monthly research reports to companies during this period of relatively scarce information on global markets therefore they found a niche in the system.
In 1986 SIS became a founding member of the Society of Competitive Intelligence Professionals. After that in 1989 they transitioned to a custom market research agency. In one year the founder Ruth Stanat published "The Intelligent Corporation" on effective strategic planning and building the intelligent corporate intelligence network and the company began its global network expansion. In
Cited: http://www.sismarketresearch.com/web Bradley, Nigel Marketing Research. Tools and Techniques.Oxford University Press, Oxford, 2007.