poor market research

How to Avoid Poor Market Research?

Entrepreneurs can adopt several best practices to ensure robust market research:
- Diverse Data Sources: Use a combination of primary and secondary data sources to get a comprehensive view.
- Clear Objectives: Define clear research objectives to guide data collection and analysis.
- Neutral Survey Design: Ensure survey questions are neutral and unbiased.
- Large Sample Sizes: Aim for a large and representative sample size to improve data accuracy.
- Continuous Monitoring: Market dynamics change rapidly; continuous monitoring helps stay updated with the latest trends.

Frequently asked queries:

Relevant Topics