How beneficial something will be to you all depends on how well you set yourself up to derive those benefits. Market research is no different. There are multiple advantages associated with taking your studies to the internet. Although the advantages to adding online communities to your company’s market research repertoire are numerous, here are four …
Read MoreWhat’s the best way to effectively use market research online communities for research? Engage them. While this answer may seem simple, there’s a lot more that goes into it. One could consider guerilla tactics and wield a strong arm, forcing participation or access. However, guerilla tactics don’t even work that well in warfare, so why …
Read MoreBefore we can dive into how market research helps a business, we first need context around the concept of “market research” itself. Some define it narrowly as “the act of gathering information about customers’ preferences and habits.” Others define it a bit more broadly to include the processes, policies, techniques and tools that are utilized …
Read MoreCompanies are constantly under pressure to put out the next, best product or service. Along with that pressure comes the temptations to skip certain essential steps in the product development process. But one thing that you should never lose sight of: your customers. Consumers are essential and can make or break the success of a …
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