This is a free Research Results infographic template that businesses can use to gather information about the target audience, their requirements/needs, and expectations of the product/service. The template is a 100% customizable and you can edit every aspect of it with a few simple clicks in MyDraw.
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Market research aims to understand the reasons consumers will buy your product. It focuses on consumer behavior, how cultural, societal, and personal factors influence that behavior.
The basic questions a market research aims to answer
- Who are your customers?
- What do they buy now?
- How large is my target market?
- Why do they buy?
- What will make them buy from you?
Key points for effective market research
- Determine what you need to know about your market.
- Prioritize the results of the first step.
- Review less-expensive research alternatives.
- Estimate the cost of performing the research yourself.
This is a basic Research Results infographic, which can be customized from the Symbols shapes library.