Fuel Cycle’s Employee-Focused Approach Earns Inc. Best Workplaces Honor
Recently, we announced that Fuel Cycle has been recognized as one of the best workplaces in the US by Inc Magazine in its annual list of the Best Workplaces for 2023. After collecting data from thousands of submissions, Inc. selected 591 honorees this year. This list names companies that have excelled in creating exceptional workplaces […]
Market Research for Startups
Did you know that 90% of startups fail within their first year? That’s right, the journey to success can be challenging, and without proper planning and research, your business could become just another statistic. That’s why market research is crucial for any startup. It helps you identify your target market, analyze competitors, and create effective […]
5 Game-Changing MR Trends for the 2023 Holiday Season
The holiday season seems far away right now, but it’s never too early to plan. This period is one of the busiest times of the year, with shoppers scouring the market for the perfect gifts for their loved ones. To make the most of this opportunity, retailers must stay up-to-date with the latest market research […]
Virtual and Augmented Reality: The Future Of Market Research?
With a growing need to understand consumers and predict their behaviors, market research (MR) is big business. Even with record inflation, the MR industry isn’t slowing down a lick; it’s growing at unprecedented rates. The global forecast shows that MR is expected to reach nearly $109 billion in 2026 at a growth rate of over […]
How to Automate Your Market Research
With rapid advancements in Large Language Models (LLMs), AI is transforming market research practices. A paper by researchers from OpenAI and the University of Pennsylvania projects more than 50% of work done by most survey researchers can be automated. Market research companies can gain a significant competitive advantage by leveraging AI tools. To enjoy the […]
Prescribing Success: The Role of Market Research in Healthcare Strategy
As the healthcare industry experiences the long-standing effects of pandemic burnout, hospital leaders must also grapple with economic challenges, from staffing shortages to supply chain problems and rising costs. National health expenditures in the US have risen almost nine times higher since 1970. Despite these challenges, hospital executives can take steps to control and reduce […]
Community Management FAQs
Online market research communities have become an increasingly popular way for businesses to gather valuable insights about their target audience. To remain agile in rapidly changing business landscapes, companies must maintain an ongoing open dialogue with their customers, who are stakeholders in their brand. Online communities offer a platform for companies to engage with their […]
Fresh Insights: How Market Research Can Help Grocery Brands Thrive
Want to know what trends will shape the grocery industry in 2023? Well, experts are predicting that the effects of inflation will still be lingering, the growth of retail media will continue, and the total return of the in-store shopping experience will have a significant impact. Grocers have faced many challenges in the past three […]
ChatGPT’s Impact on Market Research: Revolutionizing Customer Insights
Fuel Cycle is a market research technology company that recognizes the potential of technology in transforming the industry. They have been exploring how the emerging technology of ChatGPT can take their research and day-to-day responsibilities to the next level. ChatGPT’s Natural Language Processing features are especially useful for market researchers as it can provide deeper […]
Empowering Inclusive Market Research: The Role of Accessibility
Market research aims to collect data that will lead to better business decisions and provide better products or services for end users. As we’ve seen in recent years, technology has made it easier for more people to participate in market research than ever before. Mobile surveys and virtual video interviews are standard practices in 2023. […]