84 Quotes About Marketing-strategy

Your market research objectives need to fit into your marketing strategy. If your objectives are not supporting your marketing strategy, then it’s going to be a waste of your resources.

One market research project should have only one objective. More than one objective can affect the effectiveness of your research.

Be about your brand.

Never guess anything. You will make bad business decisions if you do that. If you don’t have data on something, start a research project on that topic.

The sample includes who are you planning to study and how many participants will be there for this study as you can’t study everyone. You will be required to further divide them into various groups.

Not paying attention to your market research results is not just a waste of your market research efforts but also a loss of an opportunity to make your business more profitable.

Lack of market research is also an important factor that causes business failure.

Market research is an ongoing part of any business. It shouldn’t be done just when you’re launching a product or when you’re struggling with business growth.

Focus groups for business projects are kind of the same. In this, you are going to collect data from a group of your customers or potential customers rather than your friends.