How to Better Understand Your Market and Improve Your Business Using Market Research
You don’t know what you don’t know. One of the reasons a business seeks out market research is to help stakeholders identify those unknowns — about the markets in which the company participates, about how its competitors operate, and...
Tfoso
Market research can uncover information about a variety of factors that have direct impact on the success of your business, including: Industry characteristics — What broader issues are affecting the industry at large? Learn about: Market potential — How large is the market and what are the best opportunities for growth? Discover insights related to: Competitive landscape — Who competes in the market and how does your business compare? Understand: Industry participant perceptions — What do your customers, your distributors and your competitors really think? Get unfiltered responses to questions about: Targeted, in-depth market research can vastly expand your knowledge of the market and your company’s place within it, allowing you and your team to make strategic decisions that will have the greatest possible impact on your bottom line. To gain valuable market insights, many companies rely on published market research reports available on MarketResearch.com, but sometimes a more tailored approach is needed for strategic decision making. If you are researching tough-to-size markets or very specific market segments with little published data available, you may choose to commission a custom research study developed for your precise needs and goals. The research results are for your exclusive use and kept confidential. With more than 20 years of experience conducting primary and secondary market research, Freedonia Custom Research is a leading industrial research firm that collaborates closely with clients across the world to deliver customized, targeted and impartial industry research. If you’d like to learn more about how Freedonia Custom Research can help you fill in the gaps in your knowledge, contact us at 440-684-9600 or request more information on our website.
You don’t know what you don’t know. One of the reasons a business seeks out market research is to help stakeholders identify those unknowns — about the markets in which the company participates, about how its competitors operate, and about its own position in the industry — in order to make strategic adjustments that will grow the business.Accessing the Market Data You Need
About the Author: Ann Steiner is a Senior Research Analyst at Freedonia Custom Research, where she performs client-directed research in business-to-business markets, supporting strategic planning for new product introductions, and market and geographic expansion. She holds a master’s degree in English from John Carroll University.
