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Market Research 201

There is a variety of research methods available to use. a. Online research-you can use the following website to learn the demand for a product, or idea. www.freekeywords.wordtracker.com.  Type in the product and search. It will show you how many Goggle searches are done every day. Any number 80 or above is good demand. b. Reviews-these are the process of a customer writing an evaluation of the buying experience. It is used most often in online purchases at websites like www.amazon.com and ebay.com The process of posting reviews not only […]

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Editor’s Choice – Student Question

Why is market research necessary? Everything starts with the customer. You must know your customer very well. Doing market research will tell you lots of information about him. You can learn what the customer wants, how he wants it, and when, where, and why he wants it. This allows you to pick the right product and to choose the right marketing strategy.

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