Need a business case to prove the return on investment for your WET subscription?
Is harvesting, analysis and presentation of this kind of insight a key part of your job?
Do you need the information to inform planning and executive decison making?
Business decisions made on reactive demands for data and insight are usually rushed, inaccurate and potentially misguided.
Don't worry - we can help.
Take a look below at the ROI calculator - it shows how much the WET would cost if it was done by you or a member of staff.
|One-off set up costs||Cost|
|Scoping, requirements, formatting||£250|
|Research, marketing & design training||£750|
|Set-up Cost Total||£1,000|
|On-going annual costs|
|Internal Research staff @ 0.2 FTE||£4,300|
|Annual staff expenses @ 0.2 FTE of £600 pa||£120|
|News aggregation subs e.g. Reuters, Newswire||£200|
|Web monitoring software||£100|
|Annual Training, CPD||£600|
|On-going Annual Cost Total||£5,320|
We based our calculations on resourcing a permanent graduate research assistant in the UK, benchmarked by Payscale for one day a week (0.2 FTE).
While a research assistant cannot be expected to bring the depth of knowledge, understanding and analysis that the WET does, even this modest benchmarking demonstrates the WET's value for money.