THE RESEARCH FILE
2024 ALPHASENSE ACQUIRES MARKETRESEARCH.COMPROFOUND RESEARCH BY THE SECTION & TABLE2024 ELASTIC SEARCH AWARD PRESENTED

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Why buy an $8,000 report when you need one table?

MarketResearch.com built a business around an awkward fact: buyers often need a small answer buried in an expensive report. Its answer is a marketplace, a human guide, and research sold by the slice.

In 2015, MarketResearch.com published an example with the quiet absurdity of a restaurant selling a single pea. A customer wanted one table from an $8,000 research report. Through Profound, the company’s research procurement platform, the customer paid $190.48. The remaining pages stayed on the shelf. The example was historical, and savings vary, but the question it raises has aged well: why should the size of the package determine the size of the purchase?

THE SHORT VERSION
  • Find industry research from hundreds of publishers in one marketplace.
  • Buy complete reports, or eligible chapters and tables through Profound.
  • Ask a research specialist to check whether the content fits your question.

MarketResearch.com occupies the space between people who produce industry knowledge and people who urgently need it. Its customers include consultants, investors, corporate teams, and academic institutions. They are trying to size a market, understand a competitor, or test a product opportunity. The company sells access to research and helps with selection. The distinction sounds small until the wrong report reaches the expense account.

The trouble with a small shelf

Founder Robert Granader launched the business in 1998. In a 2013 interview, he recalled the initial difficulty: the company was a publisher with a small supply of reports. Finding the person who wanted one particular study at the right moment was hard. A larger catalog changed the odds. His explanation was wonderfully plain: “More to sell, more options, more buyers.”

The early operation had a bindery at the back of the office, assembling reports on demand for mail delivery. The domain arrived in 1999. Venture capital and the purchase of Newsletters.com followed in 2000; that acquisition supplied infrastructure for the website. The searchable site launched in January 2001. Aggregation gave an obscure report more chances to meet its reader.

That origin explains the company’s place in the market. It brings together specialist publishers whose subjects range from food and healthcare to manufacturing and technology. A direct publisher offers its own expertise; a marketplace offers alternatives. Some suppliers, such as Euromonitor, can also be alternatives when a buyer prefers going directly to the source. Distribution and competition make surprisingly comfortable roommates.

A table is a product, too

MarketResearch.com acquired Profound from Thomson Business Intelligence in 2007 and relaunched it in 2008. The platform added another way to buy: chapters, sections, and tables from eligible reports. Today, the company describes a collection of more than one million reports. A buyer can search across publishers without having to purchase an entire study whenever a useful fragment appears.

There are several purchasing routes. The open website sells individual reports without a subscription commitment. Profound supports recurring corporate procurement and sectional buying. Academic subscriptions bring professional research into university libraries. Profound+ offers unlimited downloads from selected publisher collections for a fixed cost. “Selected” matters: a subscription should be judged by its coverage, rather than by the comforting sound of unlimited.

Robert Berkman, a former University of Rochester business librarian interviewed by the company, described the practical appeal. Students would discover expensive reports online that the library could not simply buy. Profound increased the chance of finding comparable evidence and allowed smaller purchases. His experience makes a useful procurement lesson: recurring access can solve the budget problem when the catalog matches recurring questions.

“More to sell, more options, more buyers.”Robert Granader, recalling the move to aggregation

The words between you and the answer

Selection becomes harder as the shelf grows. A buyer describes a problem in everyday language; a publisher files the answer under a technical term. Keyword search can leave the two staring past each other. Profound introduced AI-powered search in 2023, combining semantic retrieval with traditional keyword matching to address that vocabulary gap.

Elastic’s customer account identifies a concrete trigger: the incumbent search platform reached the end of its life. MarketResearch.com had already used Elastic on its Academic service, so it had experience to build on. Deployment partner Industrial Resolution helped the small technology team implement the replacement. Elastic reports that, within a couple of months, the system exceeded the previous solution’s supported query volume.

The human layer remains relevant. Research specialists can inspect reports to check whether they cover a buyer’s needs. In a 2018 essay, Granader described customers increasingly asking which publishers they should trust. More choice had created more uncertainty. The marketplace’s task was expanding from putting reports together to helping people evaluate them.

Paul Goehrke speaking onstage at the 2024 ElasticON event
A search problem gets its microphone moment. Paul Goehrke at ElasticON 2024, where the company’s Profound search work received an Elastic award.

The business changed hands. The distinction matters.

AlphaSense acquired MarketResearch.com in 2024. Separately, Freedonia announced in July that it had become independent under Granader’s leadership, bringing together Freedonia Industry Studies, Packaged Facts, Simba Information, Freedonia Focus Reports, and the custom research division. Older descriptions of MarketResearch.com as the owner of all these publishing businesses therefore need care.

The split clarifies two different jobs. Publishers create industry analysis. Aggregators organize access to it. A buyer may encounter Freedonia research through MarketResearch.com without the companies sharing ownership. For readers choosing a service, the practical questions concern content, licensing, and support rather than the family resemblance of familiar brand names.

Start with the question, then open the catalog

The useful habit to copy is to specify the decision before shopping. Write down the market definition, country, period, and evidence required. Inspect the contents and methodology. Ask whether the table actually covers that definition. Compare a section with the full report if you need several chapters. Check who may use the purchase: a single-user license is not permission for the entire team.

Published research works best when someone has already studied a question close to yours. An unusual local niche, a new product with no established market, or a need for fresh customer interviews may call for primary or custom research instead. A beautifully priced table is still wasted money if it measures the wrong thing. MarketResearch.com’s enduring lesson is to make the purchase as precise as the question.