What would be my approach for conducting a research for a market?

Question

Accepted Answer

To conduct research for a market, one should start by defining the research objectives, identifying the target audience, collecting relevant data, analyzing the data, and drawing conclusions.

Define the research objectives and goals
Identify the target audience and market segment
Collect primary and secondary data through surveys, interviews, and market reports
Analyze the collected data using statistical tools and techniques
Draw conclusions and make recommendations based on the findings
Consider factors like market size, competition, customer preferences, and trends
Use tools like SWOT analysis, PESTEL analysis, and Porter's Five Forces
Monitor and track market trends and changes over time

Accepted Answer

Gather as much information I could regarding a market or a company.

Derive an understanding from what has been read and categorize that information as strengths, weaknesses, opportunities etc.

Identify statistics and other measurable information that could help me determine other factors impacting the company/market that are not explicitly stated

What would be my approach for conducting a research for a market?

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