Market Research is an important stage in business to define your customer segment, what customer wants and where you can find them. Here are some tips for a successful Market Research.
- Create an Objective
Set your goal. What is the objective of your business and what segment market do you need. Specify your data. Determine how many data do you need and identify your target audience.
- Know Your Customer
Find information about your customer. You can find it through various ways such as conducting interview, spreading online survey and online questionnaire. Create and manage your interview and questionnaire simple and to the point.
Read the data thoroughly. Plan your business based on the data you’ve collected. Bring the data into action. Open for critics and feedback.