Frequently Asked Questions
01Sending an email to the Supplier takes only a few minutes. How can mymrplace save me 60% of my efforts?
Mymrplace transports the process from email to the web. This one has several advantages:
  1. Standardised quotes for easy comparison.
  2. Itemised cost with the ability to specify your cost heads.
  3. Elimination of repetitive efforts, i.e., writing similar emails to multiple suppliers in the same or different countries, clarifying project scope numerous times to various suppliers, etc.
  4. Automated matchmaking.
  5. Amidst scope changes and different cost options, its easy to get lost in emails. And if you are talking to multiple suppliers, this can consume a lot of time. With every cost change recorded on myMRPlace, you can track your research negotiation with each one of the Suppliers in one place.
02How do you ensure supplier quality?
As MyMRPlace, we go above and beyond project requirements to ensure project success. We think long term, and we believe in our customer success at the 'core' of everything we do. Here are some of the pointers:
  1. All the suppliers provide comprehensive profile information about their infrastructure and expertise. This information helps in doing preliminary assessments on their ability.
  2. We ask for project-specific relevant experience at the time of the bid.
  3. Suppliers are encouraged to submit references. MyMRPlace individually checks with each contact provided, and upon the satisfactory check, we provide a watermark for their myMRPlace profile.
  4. 90 % of suppliers we have are part of local or international research associations.
  5. As additional measures, we always assess project risks before the commissioning project.
For instance, for the Qualitative project, we will check the moderator, translator, etc. However, for a quantitative project, the typical risk is timelines, so we will check on the number of interviewers required and how much the Supplier can commit to arranging.
03What role will myMRPlace play post-project get commissioned? What project management help can I expect from myMRPlace?
myMRPlace doesn't do just matchmaking. We ensure that the project sourced through myMRPlace is delivered well. We genuinely care about project success. We will remain with the buyer(and Supplier) throughout the project journey and happy to help whenever necessary. We will provide a dedicated project manager if the project value is above 75000 USD. Buyers also can avail of a dedicated project manager at transparent pricing of 1000 USD per month. The project manager can coordinate your entire project and work as an integral part of your team.
04Won't the 10% transaction charge be embedded by the Supplier while providing the quote. That means I will end up paying transaction fees indirectly.
Maybe. The Supplier might decide to absorb our 10% charges within their cost structure or add the cost or do both. As a buyer, you get to compare the quotes, and you pay what you see as price. Nothing more. Most of our buyers have found better suppliers, paid 20% to 30% less, and saved time in project negotiations. We encourage Suppliers to quote a right and reasonable price.
05What kind of research myMRPlace can handle?
myMRPlace Supplier can handle all types of research.
  • Primary (Qualitative and Quantitative consumer research with almost any industry and any complexity)
  • Secondary research
  • B2B and Industrial
  • Online panel providers
  • Research agencies specialized in different sectors such as Automotive, Finance, Agriculture, etc.
  • Research agencies specialized in B2B and Healthcare research
  • Research agencies specialized in different methodologies like CATI, CAWI, Mystery shopping, Conjoint, etc.
06Do I need to give feedback for all the projects that I post?
Yes. But it won’t be hassle some. We will reach out to you once in 15 days to check on the project status for all the projects. We can do this even over email, phone. This is important to our suppliers and we expect you to give a transparent update. If you decide to engage with suppliers for negotiation but decide to not work with them, we expect you to provide more detailed feedback which can hopefully improvise their bid quality.
07Do you expect me to commission every project that I post?
Not really. We were hoping you could post only those projects where you are open to receive a bid from our suppliers. Sometimes it might be difficult for even you to know which projects will happen and which ones will not. Our suppliers and we understand that completely.
08II have my regular suppliers. Can I use your website to work with them?
Yes. You definitely can. You can specify a particular supplier while posting the project. The system will reach out to those suppliers apart from myMRPlace suppliers. We will not charge them our transaction fees if they are specified by you while posting the project. If you want to use the system exclusively for your supplier base and not reach out to myMRPlace suppliers, please get in touch with us at [email protected], and we can work out a solution for you.
09How is giving a quote on the website more efficient than gathering them by email?
Sending emails to each other seems easy enough at first thought. However, using emails make the process non-standardized for both you and Buyer. Working through email can create confusion on costs, might require multiple emails and discussions, and it is overall time and efficiency draining for everyone involved. In our experience, both Buyer and supplier end up wasting a lot of time reconciling scope, costs, and other discussion points when done by email. Participating through the website will mean keeping all the project related discussions focused in one place. Moreover, it will take much lesser time to give a quote on the website compared to creating a quote document or proposals.
10After giving a quote, when do I expect feedback and how?
We follow up with every Buyer posting a project in 15 days or earlier to understand project status. Feedback received from buyers will be posted as project status. Participating suppliers will get a notification for all the project status updates. If the Buyer shortlists you and decides to engage you further in the process, you will hear back from the Buyer directly. If the Buyer chooses to go ahead with someone else, we will let you know about the cost gap between you and the winning supplier as well as factors that did not work for your bid. Feedback customized to your quote will be on best effort basis.
11Is every project enquiry on myMRPlace a serious enquiry?
Every enquiry can't be a serious enquiry. Even the buyers wouldn't know whether they will win the project or not. We do restrict buyers who don't commission the project or provide transparent feedback repeatedly.
12How any bids do you get per project?
Each myMRPlace enquiry receives 3 to 4 price quotes on an average. No of bids on your Supplier dashboard indicates the number of participating suppliers.
13Isn't myMRPlace opportunities just a price play?
Nope. We firmly believe that our suppliers should work only at the right margin. We always ask our suppliers to maintain a 20% to 30% margin, excluding myMRPlace transaction fees. Now, if you expect to double the price to what you charge to your domestic client, that's not going to work. Remember, the Buyer is also a market research agency. They want to win the project from their client, and they are also pragmatic like you. They will try to choose a quality supplier that gives a reasonable price. Nothing different than what you will do if you were searching for a supplier for your project.
14Who will I work with-myMRPlace or the Buyer?
You will work with the Buyer directly post the project gets commissioned. myMRPlace will work as a facilitator during the project execution. We will help whenever you or Buyer need one.
15What if the client does not pay after the project?
All the clients will pay you an advance as per the market norms. We don't have any nonpaying clients. Nonpaying clients have no room at myMRPlace. We plan to introduce Escrow and payment services through the website soon to induce more confidence for both Buyer and supplier. If you know any Buyer whom you have worked with but did not pay, please write to us at [email protected].
We will be happy to include them in our list of clients that we would never work with post our verification.
16Can I work with the same Buyer outside myMRPlace for another project?
You can but only with our written and express permission. Usually, there will be a charge. If you already had a relationship with the Buyer and if you can prove it, we are happy to give you that permission for free. If not, you or the client can pay a one-time circumvention fee to work with each other. We expect you to not engage outside myMRPlace for at least two years.
17What kind of quotes wins the project at myMRPlace?
The clients look at three key parameters:
  1. Fair Price
  2. Supplier capability
  3. Supplier reliability
The fair price is easy to achieve if you take a cost + legit margin approach while quoting. Supplier capability you can showcase by providing the relevant project examples, project assumptions, personnel CVs, cost assumption and cover letter while giving your quote. The most significant assurance of reliability is how your past clients feel about you. Consider getting yourself verified through myMRPlace 'Verified Supplier' functionality. myMRPlace will send emails to buyers specified by you and get independent feedback. It is free and every time you bid for the project buyers will see you as 'Verified supplier', Thus improve your chances of winning the project.
18How do you make money/What is your business model?
We charge 10% transaction fee if you bid and win the project. Registering and bidding for project is free and you can bid for as many opportunities as you qualify for.
19Your platform looks like a price play. (Research quality is not important, clients only will decide basis price).
Nope. We firmly believe that our suppliers should work only at good margin, In fact, we always ask our suppliers to maintain a 20% to 30% margin excluding myMRPlace transaction fees. Now, if you expect double the price to what you charge to your domestic client, that’s not going to work. Remember, the buyer on the other side is also a market research agency. They want to win the project from their client and they are also pragmatic like you. They will try to choose a quality supplier that gives reasonable price. Nothing different than what you will do if you were searching for a supplier.
20Why do you need to charge 10% transaction fee?
You will agree that every business has a business development cost. Also, every business needs to cover their expenses and make legitimate profit. You have a need to reduce your business development cost and we need to cover our expenses. MyMRPlace is a win-win in that sense if you get it. We can bring more and more serious business opportunities to your mail box as we grow.
01Sending an email to the Supplier takes only a few minutes. How can mymrplace save me 60% of my efforts?
Mymrplace transports the process from email to the web. This one has several advantages:
  1. Standardised quotes for easy comparison.
  2. Itemised cost with the ability to specify your cost heads.
  3. Elimination of repetitive efforts, i.e., writing similar emails to multiple suppliers in the same or different countries, clarifying project scope numerous times to various suppliers, etc.
  4. Automated matchmaking.
  5. Amidst scope changes and different cost options, its easy to get lost in emails. And if you are talking to multiple suppliers, this can consume a lot of time. With every cost change recorded on myMRPlace, you can track your research negotiation with each one of the Suppliers in one place.
02How do you ensure supplier quality?
As MyMRPlace, we go above and beyond project requirements to ensure project success. We think long term, and we believe in our customer success at the 'core' of everything we do. Here are some of the pointers:
  1. All the suppliers provide comprehensive profile information about their infrastructure and expertise. This information helps in doing preliminary assessments on their ability.
  2. We ask for project-specific relevant experience at the time of the bid.
  3. Suppliers are encouraged to submit references. MyMRPlace individually checks with each contact provided, and upon the satisfactory check, we provide a watermark for their myMRPlace profile.
  4. 90 % of suppliers we have are part of local or international research associations.
  5. As additional measures, we always assess project risks before the commissioning project.
For instance, for the Qualitative project, we will check the moderator, translator, etc. However, for a quantitative project, the typical risk is timelines, so we will check on the number of interviewers required and how much the Supplier can commit to arranging.
03What role will myMRPlace play post-project get commissioned? What project management help can I expect from myMRPlace?
myMRPlace doesn't do just matchmaking. We ensure that the project sourced through myMRPlace is delivered well. We genuinely care about project success. We will remain with the buyer(and Supplier) throughout the project journey and happy to help whenever necessary. We will provide a dedicated project manager if the project value is above 75000 USD. Buyers also can avail of a dedicated project manager at transparent pricing of 1000 USD per month. The project manager can coordinate your entire project and work as an integral part of your team.
04Won't the 10% transaction charge be embedded by the Supplier while providing the quote. That means I will end up paying transaction fees indirectly.
Maybe. The Supplier might decide to absorb our 10% charges within their cost structure or add the cost or do both. As a buyer, you get to compare the quotes, and you pay what you see as price. Nothing more. Most of our buyers have found better suppliers, paid 20% to 30% less, and saved time in project negotiations. We encourage Suppliers to quote a right and reasonable price.
05What kind of research myMRPlace can handle?
myMRPlace Supplier can handle all types of research.
  • Primary (Qualitative and Quantitative consumer research with almost any industry and any complexity)
  • Secondary research
  • B2B and Industrial
  • Online panel providers
  • Research agencies specialized in different sectors such as Automotive, Finance, Agriculture, etc.
  • Research agencies specialized in B2B and Healthcare research
  • Research agencies specialized in different methodologies like CATI, CAWI, Mystery shopping, Conjoint, etc.
06Do I need to give feedback for all the projects that I post?
Yes. But it won’t be hassle some. We will reach out to you once in 15 days to check on the project status for all the projects. We can do this even over email, phone. This is important to our suppliers and we expect you to give a transparent update. If you decide to engage with suppliers for negotiation but decide to not work with them, we expect you to provide more detailed feedback which can hopefully improvise their bid quality.
07Do you expect me to commission every project that I post?
Not really. We were hoping you could post only those projects where you are open to receive a bid from our suppliers. Sometimes it might be difficult for even you to know which projects will happen and which ones will not. Our suppliers and we understand that completely.
08II have my regular suppliers. Can I use your website to work with them?
Yes. You definitely can. You can specify a particular supplier while posting the project. The system will reach out to those suppliers apart from myMRPlace suppliers. We will not charge them our transaction fees if they are specified by you while posting the project. If you want to use the system exclusively for your supplier base and not reach out to myMRPlace suppliers, please get in touch with us at [email protected], and we can work out a solution for you.
01How is giving a quote on the website more efficient than gathering them by email?
Sending emails to each other seems easy enough at first thought. However, using emails make the process non-standardized for both you and Buyer. Working through email can create confusion on costs, might require multiple emails and discussions, and it is overall time and efficiency draining for everyone involved. In our experience, both Buyer and supplier end up wasting a lot of time reconciling scope, costs, and other discussion points when done by email. Participating through the website will mean keeping all the project related discussions focused in one place. Moreover, it will take much lesser time to give a quote on the website compared to creating a quote document or proposals.
02After giving a quote, when do I expect feedback and how?
We follow up with every Buyer posting a project in 15 days or earlier to understand project status. Feedback received from buyers will be posted as project status. Participating suppliers will get a notification for all the project status updates. If the Buyer shortlists you and decides to engage you further in the process, you will hear back from the Buyer directly. If the Buyer chooses to go ahead with someone else, we will let you know about the cost gap between you and the winning supplier as well as factors that did not work for your bid. Feedback customized to your quote will be on best effort basis.
03Is every project enquiry on myMRPlace a serious enquiry?
Every enquiry can't be a serious enquiry. Even the buyers wouldn't know whether they will win the project or not. We do restrict buyers who don't commission the project or provide transparent feedback repeatedly.
04How any bids do you get per project?
Each myMRPlace enquiry receives 3 to 4 price quotes on an average. No of bids on your Supplier dashboard indicates the number of participating suppliers.
05Isn't myMRPlace opportunities just a price play?
Nope. We firmly believe that our suppliers should work only at the right margin. We always ask our suppliers to maintain a 20% to 30% margin, excluding myMRPlace transaction fees. Now, if you expect to double the price to what you charge to your domestic client, that's not going to work. Remember, the Buyer is also a market research agency. They want to win the project from their client, and they are also pragmatic like you. They will try to choose a quality supplier that gives a reasonable price. Nothing different than what you will do if you were searching for a supplier for your project.
06Who will I work with-myMRPlace or the Buyer?
You will work with the Buyer directly post the project gets commissioned. myMRPlace will work as a facilitator during the project execution. We will help whenever you or Buyer need one.
07What if the client does not pay after the project?
All the clients will pay you an advance as per the market norms. We don't have any nonpaying clients. Nonpaying clients have no room at myMRPlace. We plan to introduce Escrow and payment services through the website soon to induce more confidence for both Buyer and supplier. If you know any Buyer whom you have worked with but did not pay, please write to us at [email protected].
We will be happy to include them in our list of clients that we would never work with post our verification.
08Can I work with the same Buyer outside myMRPlace for another project?
You can but only with our written and express permission. Usually, there will be a charge. If you already had a relationship with the Buyer and if you can prove it, we are happy to give you that permission for free. If not, you or the client can pay a one-time circumvention fee to work with each other. We expect you to not engage outside myMRPlace for at least two years.
09What kind of quotes wins the project at myMRPlace?
The clients look at three key parameters:
  1. Fair Price
  2. Supplier capability
  3. Supplier reliability
The fair price is easy to achieve if you take a cost + legit margin approach while quoting. Supplier capability you can showcase by providing the relevant project examples, project assumptions, personnel CVs, cost assumption and cover letter while giving your quote. The most significant assurance of reliability is how your past clients feel about you. Consider getting yourself verified through myMRPlace 'Verified Supplier' functionality. myMRPlace will send emails to buyers specified by you and get independent feedback. It is free and every time you bid for the project buyers will see you as 'Verified supplier', Thus improve your chances of winning the project.
01How do you make money/What is your business model?
We charge 10% transaction fee if you bid and win the project. Registering and bidding for project is free and you can bid for as many opportunities as you qualify for.
02Your platform looks like a price play. (Research quality is not important, clients only will decide basis price).
Nope. We firmly believe that our suppliers should work only at good margin, In fact, we always ask our suppliers to maintain a 20% to 30% margin excluding myMRPlace transaction fees. Now, if you expect double the price to what you charge to your domestic client, that’s not going to work. Remember, the buyer on the other side is also a market research agency. They want to win the project from their client and they are also pragmatic like you. They will try to choose a quality supplier that gives reasonable price. Nothing different than what you will do if you were searching for a supplier.
03Why do you need to charge 10% transaction fee?
You will agree that every business has a business development cost. Also, every business needs to cover their expenses and make legitimate profit. You have a need to reduce your business development cost and we need to cover our expenses. MyMRPlace is a win-win in that sense if you get it. We can bring more and more serious business opportunities to your mail box as we grow.