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Research Articles |
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Expert Author: Chris Hawkes In a previous article "Market Research: Qualitative, Quantitative and Everything In-Between", we explained the differences between quantitative and qualitative market research studies. We also promised to provide an example of a two-phased research approach, incorporating both qualitative and quantitative research approaches, in order to highlight the differences of the two types of research. Here's our example... There are many benefits of doing market research including the ability to learn more about my target market's behaviors and opinions, honing messages and presentations based on real, first hand responses, as well as, to test out new messages or theories prior to wide release. Expert Author: Tim Knox Market research is one of the most important but often overlooked part of business management. This article highlights many real life analogies to this important business function and provides some excellent advice to entrepreneurs. Expert Author: Manuel Cresp Most consumer reports are important in advising consumers to do three things when considering purchasing a product.
a) research, research and more research b) comparison shopping c) how will this product fit into my lifestyle Expert Author: Robert F. Abbott When you create a survey, focus on creating one that is as unbiased as possible, recognizing that the fairer the survey, the better the data, and the better the data, the better the decisions you'll make. Expert Author: Michael Russell Open-ended questions are those to which respondents can reply in their own words. In other words, the researcher does not limit the response choices and the respondent has the choice to respond as he or she wishes. Expert Author: William Teleo Finding business ideas is easy enough. There are endless possibilities that range from products to services which are in need of improvement or modifications. Producing new, improved products or services than those existing is an advantage over the competition. However, prospective entrepreneurs often forget an essential component of their future businesses. Expert Author: Leni Chauvin Need help bringing a new concept to the marketplace? Not sure how to market your product or service or what your target market is? This article shows you how to get the help you need easily and inexpensively. Expert Author: Colleen Davis Research might be the foundation of marketing, but how is one to go about performing this research, and what kind of results are they going to get? One of the most in depth forms of research you can do involves using a survey group, but make no mistake, there are concerns to consider as well. Expert Author: Chris Hawkes Smart business managers use market research to understand how the needs and attitudes of their customers are being met by the current products in the marketplace and to understand that where there is customer dissatisfaction with a product category that there might also be an opportunity! Expert Author: Hallidae Thomason What is market research really and why is it such a huge emphasis for so many people?, one might ask. Can't you just create a good product that will attract it's own market? Do businesses really spend that much time doing something so boring? Yes, No, Yes. The fact is that with out market research a business will fail and this is the most common misunderstanding for the thousands of small businesses that leap up in this country every year and then die out almost as quickly. Expert Author: Patrick OConnor Market studies are performed to evaluate real estate market conditions with regard to an existing or proposed property. The focus of a market study details competition within the submarket, the strength or weakness of the submarket. Also, market study indications that the submarket will continue to improve or weaken and how the existing or proposed subject property is likely to perform within the submarket. Expert Author: Matt Bacak Market research doesn't take a rocket scientist. Most of us do it everyday without realizing it. As a business owner, you should educate yourself in the market research tools available to you. What you learn from a little research could save your business. Expert Author: Michael Russell Conducting fieldwork is much easier today than in years past. The stereotypical "kitchen table" field service is passing into history. In its place are companies that specialize in field management. The new breed of data acquisition-company is capable of providing questionnaire formatting, screener writing, development of instructional and peripheral materials, shipping departments, field auditing and all coordination of data collection, coding and tab services. Expert Author: Otilia Otlacan Having a competitive advantage over other businesses targeting the same market as yours is a basic, survival must: many choose to develop longterm relationships with their customers, in an attempt to create such competitive advantage. Knowing your customers is crucial, and it is quite a different thing from knowing their buying behavior. Expert Author: Michele Harris Conducting market research can afford you invaluable insight into your products or services. The following are some tips to get the most out of your research. Expert Author: Kaye Z. Marks Any worthwhile company is going to know that they need to do a lot of research if they want to stay around for long. When it comes to the products you make, improving the products that you currently have, the commercial printing you focus on with your advertising, and the areas that you concentrate your marketing, you need to know what people think. Expert Author: Sintilia Miecevole We live in a sea of information. And information overload is an increasingly common complaint. Part of the complaint arises because we get hit with different headlines that point to the same content. So we waste time on things that have no added value. Bummer. Expert Author: Colleen Davis In another articles I wrote I mentioned two different good methods of research for your marketing. In that article I chose to focus entirely on researching the marketplace through what other businesses have done and are doing. Now I’m going to focus on the second method, which is researching directly through your customers. Expert Author: Robert Johnston Do you truly know your target market? Do you really know what types of people have the potential to buy your product or want your service? Do you know how to best plan your next poster printing project so that the resulting ad appeals to your potential customers? You might think that you do, but unless you have spent time researching this, you likely do not know all that you could, and should, about the people you are trying to reach with your business advertising efforts.
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