Chadwick Martin Bailey Named to the Honomichl Top 50
June 4th, 2009
Boston based market research and consulting firm Chadwick Martin Bailey has been named to the American Marketing Association’s list of the “Top 50 U.S. Market Research Organizations.”
Termed by the industry as the “Honomichl Top 50,” the firm was named number 47 due to its 2008 revenues, a 5% increase over its 2007 revenues. This compares favorably to a year in which industry growth was just 1.6% and 24 of the top 50 firms reported reduced revenues.
Chadwick Martin Bailey specializes in supporting clients in acquiring and using strategic information used for decisions in market development, positioning, organizational effectiveness, and product development. Clients are generally in the Financial Services, Travel and Hospitality, Medical Technology, Insurance, Retail, and Technology sectors.
“It is an exciting time. We’re celebrating our 25th anniversary and our goal at the time of our inception was and is now to be the best at providing our clients with quality information that they can confidently use in their decision-making. We never focused on growth but on quality. This honor is a testament from our clients regarding our employees and the insights that we provide them,” says President Anne Bailey Berman. “Being recognized as a Top 50 firm is the icing on the cake.”
Chadwick Martin Bailey places a strong emphasis on growing market research and business expertise from within. The leadership from its senior management averages over 10 years in the firm.
Chairman John Martin explains that the firm is “dedicated to maintaining a thinking and learning culture that emphasizes teamwork, personal growth, and leadership. And to not be like other firms. Our mantra is to solve other companies’ problems by providing the right information in the right way so it is easy to use.”
About the Market Research Industry
The market research industry is a highly fragmented industry. The American Marketing Association estimated that the 196 U.S. firms that it tracks represents about $8.9 billion in 2008 revenues, a 1.6% revenue increase over the prior year. The “Top 50” represents 91% of those revenues. These firms employed 34,150 people who gather and analyze data as consultants to American industries.
About the Honomichl 50 List
The “Top 50 U.S. Market Research Ranking and Review” is a report published by the American Marketing Association (AMA), North America’s largest professional marketing association, and Inside Research(R), a one-source authoritative report founded in 1990 by Jack Honomichl, a leading market research industry authority.
About Chadwick Martin Bailey
Chadwick Martin Bailey is a global custom market research and consulting firm working with many of the most successful companies and best known brands in the world to help them acquire, maintain, and grow their customer base. It manages market research projects in North American as well as Europe, South America, the Middle East, and Asia.
Through its corporate headquarters in Boston, Massachusetts, it serves clients in more than 30 countries. Chadwick Martin Bailey focuses on using leading-edge research techniques to collect and translate the data into simple, business decision-focused deliverables. In the end, clients get the benefit of the best market science without the burden of confusing, data dump reports.
Learn more at www.ChadwickMartinBailey.com
