Importance of taking surveys before starting a business

chandakumari

New member
The survey gives your very deep knowledge regarding your business strategies. In the survey, you can learn how to handle your business, employee, expenses, etc.
 

Mika

VIP Contributor
Before you start a business, you need to do market research, market research means you research on products, you research on the market, you research on your competitors. You will find out whether your products will sell or not only when you do market research that involves a lot of technalities.
 

Jasmine

VIP Contributor
The proper work is market research, market research includes a lot of things from customer segmentation and competitor analysis to product research and product development. Market research is necessary not only for big enterprise and businesses, but also for small business. For a longevity of your business you need to follow certain procedures.
 

Setho

VIP Contributor
This is actually one very important deciding factors that business owners around here neglect when they want to start their own business. One very important thing about carrying out surveys is that it actually gives you a broad insight to what your customers want and what they might be expecting from your business. This is very important because the customers are the number one part of every business.
 

Josemendez

Verified member
Taking survey before starting a business is very good especially business that have existing competitors. The survey will help the person starting the business to know what is wanting in the existing business and how they can be able to bring satisfaction to the customers through their product.
 

Andrew79

New member
Not doing a survey will doom your business before you can get it off the ground. There are a number of tools out there that can help you with online and offline business surveys. As the saying goes if you fail to plan, you plan to fail.
 
D

Deleted member 28127

Guest
Surveys nowadays are sold to companies to survey companies took coordinate and phone number of participants and always ask them then if a company is interested on doctor's advertise some medical product or lawyer advertise some new material to their directory or something they purchase private coordinate from survey companies that provides them with a fee and then get citizens opinion for free. This is how market is going nowadays.
 

AmaliaTG

Active member
Taking surveys is really important when you want to start a business. A business idea is not enough to start a business, you need to also make a plan. And part of making a plan is taking surveys. This can be done through your observation or asking the people some questions. The survey will help you know the following.

1. The best location for the business - this is determined from the location in which your potential customers are more populated. But you should also consider where your suppliers are if you have them.

2. Customer preferences for the goods or services you will be selling - you will know how the customers wants your goods or services such as their packaging or the time when it is best to open your shop.

What other things do you get from taking surveys before starting a business?
Taking a survey before starting a business will enable you to know what you need to improve in your bussines and also get more unique ideas on how to make your business grow based on the preferences of people. It will make you have different perspective of your bussines and you might redesign it a fresh to make you attract more people.
 

Sherman198

VIP Contributor
Survey is very cogent when it's comes to setting up a business. Doing or carrying out surveys gives you the ability to know your costumers even before you start selling things to them. It enables you to know the location that's solid for setting up your business. I think without surveys, a business can't be successful.
 

Georgeadawara

Active member
Survey in business is one of the most important aspects of the business. Survey gives you the idea and the overall picture of how the business look like. Before you start any new business you need to have a good survey on any kind of business you want to start.
 

Abigael

Valued Contributor
Taking surveys is really important when you want to start a business. A business idea is not enough to start a business, you need to also make a plan. And part of making a plan is taking surveys. This can be done through your observation or asking the people some questions. The survey will help you know the following.

1. The best location for the business - this is determined from the location in which your potential customers are more populated. But you should also consider where your suppliers are if you have them.

2. Customer preferences for the goods or services you will be selling - you will know how the customers wants your goods or services such as their packaging or the time when it is best to open your shop.

What other things do you get from taking surveys before starting a business?
 

Alexandoy

VIP Contributor
Although it is not easy but doing research with a survey for a business is imperative especially for a product that is not popular. First to define is the market base. For example you are going to sell luxury shoes then it is not appropriate to open a store in the rural area for there might be no market base to speak of.
 

Lens1000

VIP Contributor
Taking surveys before starting up a business is more or less like putting down your plans in paper. It will help you in knowing what your potential customers really want. Therefore, you will be guided as to how you will work out plans on how your product meet the needs of the potential customers.
Survey is a very important thing to do periodically, but I wonder why companies in Africa don't value surveys. The one's that does it , want it for free
 

Wisdom01

Valued Contributor
Taking survey should be inherent features of the feasibility studies. People should try and to go into research by taking survey on the business before embarking on it. Taking survey will easily allow the intending business owners the real target market and as well, it will give them the opportunity to know which size, brand and type of products needed at a particular time.

Thats the main focus and importance of survey and many business that takes survey should always consider that , considering the fact there are different brands in the market and you wont want to start creating same brand with the same companies , for you to create a different brand you need to do survey and use the uniqueness to dominate the market
 

btaliat

VIP Contributor
Taking survey should be inherent features of the feasibility studies. People should try and to go into research by taking survey on the business before embarking on it. Taking survey will easily allow the intending business owners the real target market and as well, it will give them the opportunity to know which size, brand and type of products needed at a particular time.
 

Wisdom01

Valued Contributor
Taking survey helps to know or determine the kind of pattern you would use to know when marketing and also the best product that best suit the location you are starting the business,because you need to know the product that best suit your location so you dont make mistake in selling the wrong product in a location that you have no idea about at the end
 

Chibson

VIP Contributor
like I have always been saying making a lot of research and brainstorming is one of the first steps of anyone who wants to become very successful in business in whatever location he is situating it. it is therefore very important to make surveys about the kind of place you want to make your business to stay and also to seek knowledge of the kind of people that will be patronizing your business.
 

sincerem

VIP Contributor
Running a survey before starting a business especially a lucrative business to serve the business, will give us the clue if what we're offering is worthwhile or not. That's why most businesses enters into surveys in order to get peoples response that concerns the product they're offering if its worthy or not. The more positive reviews from people will tell them they are doing well.
 

funmi

Verified member
Taking survey before starting a business is very important indeed. If we don't put the location where we want to start the business in to consideration, it might affect the business. More so, the type of business must be considered too because the type of business will determine the which location will be best for it.
 

Augusta

VIP Contributor
It is always good to find out the price of both the selling price and the cost price of the product to be sure you can make profit with it. Business is about profit making and as such, more focus should be on it than any other area. So know the profit margin
 
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