Market Research?
- What Is Market Research?
Market research is the process of determining the viability of a new service or product through research conducted directly with potential customers. Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.
- Example of Market Research :
Many companies use market research to test out new products or to get information from consumers about what kinds of products or services they need and don't currently have.
For example, a company that was considering going into business might conduct market research to test the viability of its product or service. If the market research confirms consumer interest, the business can proceed confidently with the business plan. If not, the company should use the results of the market research to make adjustments to the product to bring it in line with customer desires.
Internet Research
- what is Internet Research
Internet Research The practice of using Internet information, especially free information on the World Wide Web, or Internet-based resources (such as Internet discussion forums) for research. As well. Thousands or thousands of pages can be searched with the given topic through search on the internet or through research.
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