Marketing

Marketing PRIMARY AND SECONDARY MARKETING RESEARCH How Can My Organization Benefit Abstract When conducting market research some questions are not adequately answered by secondary data, the market researcher must collect primary data. The success of a survey hinges most significantly on the willingness of respondents to provide the desired information. In this paper, we shall cover primary and secondary marketing research and how it would benefit my corporation. PRIMARY MARKET RESEARCH Why bother with market research' Anyone who's ever worked through a business plan knows the answer to this one. Trying to start a business without researching your potential market is as sensible as setting out for the North pole with a surfboard. Market research isn't just something you do when you're working on your business plan and then shelve. It needs to be an integral, ongoing part of your business' development. It's crucial to analyze your market and target your clientele before you waste your money on advertising that won't get you the results you want. Market research is also critical before you spend time and money developing a new product or service. There are a number of business people who just seem to do whatever they feel like doing. For many research, market, business, data, information, primary, secondary, qualitative, product, opportunity, survey, shop, questions, quantitative, new, might, markets, findings, analysis, week, times, results, out, often, managers, grocery, further, customers, consumers, while, trends, trade, three