How to Conduct Market Research
π 2026 Update: Changes in Market Research Guidelines
Since the original article was published, important changes have occurred in the landscape of market research, particularly in digital advertising and regulations regarding artificial intelligence. These changes affect how businesses conduct market research and approach advertising strategies. The earlier article continues further down the page, providing foundational information on market research.
π FTC Updates on Digital Advertising
In 2024, the Federal Trade Commission (FTC) updated its guidelines for digital advertising. The new rules require businesses to provide clearer disclosures for sponsored content. This change aims to enhance transparency and ensure that consumers know when they are viewing paid promotions.
Businesses should be aware of these guidelines when planning their marketing strategies.
- π° More Transparency: The revised guidelines help consumers make informed decisions.
- π Focus on Disclosures: Clear disclosures are now mandatory for all sponsored content.
π° State-Level Sales Tax on Digital Advertising
As of January 2025, several states, including New York and Illinois, began charging sales tax on digital advertising services. This change affects how businesses budget for online marketing campaigns. Companies must now consider these additional costs when planning their marketing expenses.
- π΅ Budget Impact: Businesses need to account for sales tax in their marketing budgets.
- π’ State Variations: Different states may have different tax rates.
π€ Introduction of AI in Marketing Regulations
In 2026, the U.S. Department of Commerce released guidelines for the ethical use of artificial intelligence in marketing. These guidelines focus on consumer privacy and data protection.
Businesses using AI tools for marketing must comply with these new regulations to avoid potential legal issues.
- π Ethical Standards: Ensures businesses uphold consumer rights.
- π Data Protection: Highlights the importance of safeguarding consumer information.
π Processing Times for Regulatory Requirements
The processing times for various regulatory submissions have been established. For instance, the FTC typically processes advertising review submissions within 30 business days. Similarly, New York State processes sales tax registration applications within 7 to 10 business days.
Understanding these timelines can help businesses plan their marketing strategies effectively.
- β³ FTC Review: Average processing time is 30 business days.
- β State Registration: New York's processing time is 7 to 10 business days.
π Key Points to Remember
- π’ FTC Guidelines require clearer disclosures for digital advertising.
- πΈ Sales Tax on digital advertising is now applicable in several states.
- π€ AI Regulations emphasize ethical practices in marketing.
- β±οΈ Processing Times for regulatory submissions vary by agency and state.
π‘ Tips for Conducting Market Research
It is essential to review your specific situation with your attorney to understand how recent changes may apply to your business.
π Understand FTC Guidelines
Familiarize yourself with the FTCβs updated guidelines on digital advertising. These guidelines help ensure compliance and transparency in your marketing efforts.
π Monitor State Tax Laws
Keep an eye on the sales tax laws in your state regarding digital advertising. This will help you budget accurately and avoid unexpected costs.
π€ Use Ethical AI Practices
If your business employs AI tools for marketing, ensure you follow the Department of Commerceβs guidelines. Ethical use of AI not only protects consumers but also enhances your brand reputation.
π Plan for Processing Times
Be aware of the processing times for submissions to the FTC and state agencies. Planning ahead can prevent delays in your marketing campaigns.
π Utilize Free Resources
Take advantage of free resources offered by the FTC, SBA, and SCORE. These organizations provide valuable guidance and support for businesses conducting market research.
π Market Research Services Ranked by User Reviews (2026)
This section highlights services relevant to market research and digital advertising, based on Trustpilot data from October 2026. These services are rated by users and can assist businesses in their marketing efforts. Remember, ratings may vary, and unhappy customers often leave more reviews.
π₯ 1. Cleverly
Cleverly has been rated 4.5 out of 5 stars. It is known for offering B2B marketing and lead generation services. Reviewers appreciate its effectiveness in generating leads, but some mention occasional campaign underperformance.
π₯ 2. Semrush
Semrush holds a Trustpilot score of 1.5. It is recognized for its SEO tools and online marketing software. However, many users express dissatisfaction with the service, indicating a low TrustScore.
π Free Government and Nonprofit Help
Several organizations provide free resources for businesses. The FTC offers guidance on advertising practices, while the Small Business Administration (SBA) provides workshops and materials on marketing strategies. SCORE also offers free mentorship for small business owners, including advice on marketing.
π What to Compare When Choosing a Service
- π User Ratings: Consider Trustpilot ratings and reviews.
- πΌ Service Offerings: Look for services that match your specific needs.
- π¬ Customer Feedback: Pay attention to both positive and negative reviews.
- πΈ Cost: Compare pricing structures to find the best fit for your budget.
β Frequently Asked Questions
β What are the new FTC guidelines for digital advertising?
The FTCβs updated guidelines require clearer disclosures for sponsored content, enhancing transparency for consumers.
π΅ How does the sales tax on digital advertising work?
As of January 2025, several states implemented sales tax on digital advertising services, affecting budgeting for marketing campaigns.
π€ What should businesses know about AI marketing regulations?
Businesses using AI in marketing must adhere to the Department of Commerce's guidelines focusing on ethical practices and consumer data protection.
β³ How long does the FTC take to review advertising claims?
The FTC typically processes advertising review submissions within 30 business days.
π Where can I find free marketing resources?
Businesses can access free resources from the FTC, SBA, and SCORE, which offer guidance and support in marketing strategies.
π How can I prepare for state sales tax registration?
Companies providing digital advertising services must register with state tax authorities before initiating sales, with specific deadlines varying by state.
βοΈ Recent Cases in Market Research and Advertising
Recent court rulings have clarified issues related to digital advertising and compliance with FTC regulations. These rulings underscore the importance of adhering to updated guidelines in market research and advertising practices.
- Delaware Court Rules on Kentucky Downs Sale DisputeCourt of Chancery of Delaware Β· August 13, 2026
- Delaware court upholds sanctions against real estate brokerSuperior Court of Delaware Β· August 13, 2026
- Court remands Camel Group's forced labor removal requestUnited States Court of International Trade Β· August 14, 2026
- Court denies Tianjin Magnesium's reconsideration motionUnited States Court of International Trade Β· August 14, 2026
For more detailed information, you can browse more rulings on the news page.
End of October 2026 Update
Market research is the evaluation and study of business marketing which helps those businesses identify strengths and weaknesses in their marketing strategies. Market research is important for all companies, large and small, and can range from complicated studies that cost millions of dollars to simple questionnaires sent to clients of a small business. Either way, market research is important for any company in understanding whether they are receiving a return on their advertisement investments and how to best use marketing tools to accomplish their goals.
How to conduct Market Research
1. Identify how Marketing Research can help your business
Marketing research can help any business understand if their advertisements are reaching clients and whether the message is being relayed. This can be extremely important information that will tell you if your marketing strategies are working as you had planned. Marketing can cost a business a lot of money and any inefficiencies in the marketing plan can lead to losses and hurt business.
2. Determine how to budget for Market Research
Market research can be very expensive, especially when seeking the help of outside consultants and firms that specialize in it. While large companies often must use market research firms, such as the Nielsen Company or IAG, there are cost effective methods that are also available. Asking clients about how they heard about your company, sending simple questionnaires, or simply seeing how many people respond to direct marketing are all cheap and simple ways of getting an idea of how your marketing plan is working.
3. Creating your Market Research plan
Once you have determined how you can budget for market research, you need to come up with a plan for obtaining the information. Start by writing your market positions and goals. Next, you will need to define what you will accomplish within a specific time period. You will then have to write a list of your target markets and the specific segmentations or niche areas you want to cover.
Then you will have to list the appropriate marketing channels, which are how you will specifically market to each of your target markets and what mediums you will use. These can include targeted mailing materials, television or radio media, or internet marketing. Finally, you should plan on how you will adapt to your competitors response.
4. Effectuating your Market Research
After establishing your plan, you will need to gather all of the information and make sense of it. Market research does not always result in completely straightforward information, so be prepared to analyze seemingly conflicting information. You may find that certain marketing strategies work for some clients but not all. Remember, market research is not the end result, but rather the means of changing your marketing strategy for the better.
How to adapt Marketing Research to your specific business
Market research can cover a host of different types of marketing plans, but you will need to find which type of market research best fits your business. Costs will be one of the most important factors in determine your level of research that you need. It is important that the costs of the research do not outweigh the benefits you receive from the information, so make sure that you fully understand what you are getting for what you are paying. Also keep in mind the type of marketing you have conducted, as your research will need to mirror the sources and forms of information that is needed.