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Media Monitoring Services Procurement Research Report | Published: Apr 2014

Helping businesses make better purchasing decisions, faster

Media Monitoring Services: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Media Monitoring Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Media Monitoring Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Media Monitoring Services - Recent Price Trend

Over the three years to 2013, the average price of media monitoring services has grown at an annualized rate of 0.7%. Prices fell slightly in 2010 because the weak economy reduced discretionary business spending. Suppliers kept their prices low, and some even reduced them, to better compete for corporate dollars. In 2011, the price for media monitoring services rose 1.1%, following an increase in... purchase to read more

Media Monitoring Services - Total Cost of Ownership

The total cost of ownership for media monitoring services is low. However, buyers must be aware of the rate schedule when purchasing a service. Typically, prices are quoted per year, per user, so it is important to know the limitations or contractual terms of the subscription before committing to it. Buyers must be aware of the scope of the service they are buying (e.g. whether it covers print... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of media monitoring services. Media monitoring services are most often used by public relations (PR) agencies or agents to monitor and collect news clippings (both virtual and physical) on topics, companies, products or otherwise-specified keywords. Often, the keywords include the name of the PR agency’s client. Media monitoring allows PR professionals to track the level of exposure they have created for their client; it also helps determine prevailing trends to help tailor media content for maximum exposure. Media monitoring is available for traditional media outlets like newspapers and magazines, as well as for social media channels like social networking sites and blogs.



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