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.
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.