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Market Research and it's purpose for your product
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[QUOTE="Deleted member 13140, post: 192012"] Do you want to launch a product? Right off the bat without doing proper market research, Some people barely knows what market research is.. you want to know if Its a good time to launch your product? This short article will explain market research and It's purpose. [B]what is Market Research? [/B] A market research is the process for launching new products through rigorous research conducted directly with consumers. It allows companies and brands or even solopreneurs to define target markets and collect statistics and data based on what consumers think about their products. Market research is primarily conducted by the company itself or by third parties with market research expertise. The purpose of market research is to evaluate the market related to a product or service in order to gather results about how consumers will react to the product. Businesses can try to figure out what consumers like and don't like, where a product is between the product and the product, and how to improve it so that consumers are aware of it. You can upgrade your product accordingly and make changes to your actual product so that you can successfully sell it on the market after launch. [/QUOTE]
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