Market Reasearch

Market Reasearch Image

The most important task of a marketer is to get the right product at the right place with the right price to the right person. Besides, it was also necessary to go back and find whether consumer is getting optimum satisfaction, so that consumer remains loyal. These aspects made it imperative for the marketers to conduct marketing research.

The Importance of Marketing Research

Have short conversations with contacts who are part of your target market. Let’s say you’re lo oking to launch a wedding photography service. Talk to your contacts who have been married or who are engaged and ask them about their experience in hiring and working with a wedding photographer. Even a five-minute conversation can give you insights on how to run your business. 
1. Look up Facebook groups relevant to your target market. This can help provide you a free, low-effort way to reach target customers online and ask them questions. Eventually, you can go back to these groups to promote your business, if the group rules allow for it.
2. Add a survey form to your website. If you already have a website for your small business, you can offer potential customers a small discount in exchange for filling up a survey.

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