4.4 Market Research
Keep a Personal Checklist:
explain why and how organizations carry out market research [A02]
analyze the primary market research methods [A02]
comment on the secondary market research methods [A02]
discuss the ethical considerations of market research [A03]
distinguish between qualitative and quantitative research [A02]
explain the various sampling methods [A02]
interpret results from given data. [A02]
INNOVATIONS IN MARKET RESEARCH
CUEGIS: How does innovation impacts your organization's market research strategy?
Consider the advantages and disadvantages of market testing
Extra, for the Ambitious Marketers
HOW TO CONDUCT MARKET RESEARCH FOR A STARTUP
"As an entrepreneur with a big idea, what’s the best way to determine how potential customers will react to your product? Conducting market research can provide the data needed to decide whether your product fits your target market. Before launching a new venture, you should understand market research." (Cote, 2022)
Cote discusses how to conduct market research for a startup and why it’s important. Click on the photo ↑ to read more