Pricing
Fair Pricing
Fox Research Services offers transparent, fair pricing.
I don’t believe in asking for 20% more than I’ll settle for and negotiating down from there. I’ll offer a fair price first time. You won’t need to spend time and energy negotiating to ensure you’re getting the same deal as others.
Isn’t it a little frustrating sometimes when businesses don’t publish their prices, and make you ask? It’s the right approach for some businesses and understandable when customized services are being offered. However, an indication of the value of analyst time that’s going to be charged is still a useful thing to know before reaching out to someone, so I include that below.
Analyst Time Value
A 1-hour consulting call costs US$600 (or €515). I am also available via GLG, Guidepoint or Bridger (at a higher price).
Longer projects are charged at a lower daily or monthly rate. For example:
A project of 2 - 4 days will cost approximately $2,000 per day.
A 1-month project will cost approximately $18,000.
A 6-month project will cost approximately $11,000 per month.
This assumes I’ll be working full time on your project. A project that took 1 month of my time but was actually spread over 2 - 3 months would still only cost $18,000 (or about €15,500).
The time is estimated at the start of the project and then costs are fixed. If I work longer hours than expected to deliver on time, the price will still be the same.
Rates may vary slightly depending on demand or difficulty.
Additional Expenses
These rates above only cover analyst time for work conducted from my home office. If you want me to work in your company’s office, or travel during a project, additional fees and expenses will be added to the quote.
Also, projects with primary research may include extra costs as I sometimes pay fees to interview participants. These fees would be included in the initial fixed quote. Paid interviews can add around $600 per interview to the total cost. Sometimes this cost can be avoided when people give interviews in return for me sharing my own findings and data from the project.
Competitive Pricing
These prices are in my experience around half what a larger consulting or market research firm charges for analyst time on a project - while often having less experienced staff do most of the work. My lower business overheads and location in Chile help me offer these much more competitive rates for the same quality data, research or insights.
I review prices periodically. I reserve the right to change these rates at any time. (If I do change prices, that would only affect new, future projects, not ongoing or recently quoted projects.)
Off-The-Shelf (Syndicated) Reports
In addition to custom and consulting at the above prices, I can produce an off-the-shelf market research report if I have 3 - 4 interested companies in advance. Such a report would typically cost between $6,000 and $15,000 depending on the length, amount of data, and the number of companies interested to buy the study.