Market research is essential for all businesses regardless of size, turnover or how many employees the company has. It can be used to identify potential customers, understand their needs and wants, and assess the competition.
Market research can also be used to influence other business decisions such as product development, pricing, and marketing. This leads to increased sales and profits.
Market research can bring many benefits like Identifying potential customers and make better business decisions.
9 Steps to conduct Market Research
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This template is intended to be used for informational purposes only. Which means you must fully understand the details and implications for yourself and base any decisions upon your own judgment.