The Market Research Request For Proposal is a critical business document used when organizations need to conduct formal market research in Singapore. It enables systematic evaluation of potential research partners while ensuring compliance with Singapore's legal requirements. The document typically includes project scope, methodology requirements, evaluation criteria, budget parameters, and data protection requirements. It's particularly important in regulated industries where formal procurement processes are mandatory and when research involves sensitive data collection or significant budgets.
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Key Requirements PROMPT example:
Market Research Request For Proposal
"I need a Market Research Request For Proposal to find an agency to conduct consumer behavior research in Singapore's luxury retail sector, with a focus on Gen Z shopping habits and a budget of SGD 150,000, to be completed by March 2025."
1. Introduction: Overview of the organization and purpose of the RFP
2. Project Overview: Detailed description of research objectives and requirements
3. Scope of Work: Specific deliverables, timelines, and methodology requirements
4. Submission Requirements: Proposal format, deadline, and contact information
5. Evaluation Criteria: How proposals will be assessed and weighted
6. Terms and Conditions: Legal requirements and contractual obligations
1. Budget Guidelines: Financial parameters and requirements - use when budget constraints need to be communicated upfront
2. Background Research: Existing research or context - use when previous research exists that needs to be considered
3. Technical Requirements: Specific technical specifications - use when research involves specific technical components
1. Pricing Schedule: Template for cost breakdown and pricing requirements
2. Compliance Checklist: List of required compliance elements and regulatory requirements
3. Data Protection Requirements: Detailed PDPA compliance requirements and data handling specifications
4. Sample Contract: Draft of the final contract terms and conditions
5. Technical Specifications: Detailed technical requirements and standards for the research project
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