Tuesday, May 17, 2011

It’s the time for marketing research



Ask your self – Since you been doing the business -
How fast your business did grew?
How many new customers you added to your list?
How many new products or services you launched?
Is you profit growing every year?
When you answer these basic questions which of them is a big “YES”.

It’s the time you need to think of something called “Marketing Research”. You might think this is not something new I am hearing about. But…But… you always have been missing this great tool which some of your smart competitors might be using to good extent.

A Big Question ?

How can you do marketing research for your business? Well, if you are smart businessman you must have the inner born capabilities of doing online market research. It is true that nobody is born a genius from birth but it is also true that to be a genius you need to be born a genius. It is rather very philosophical but Bill Gates founder chairman of Microsoft didn’t have any business background. But he was born genius and used marketing research to best extent.

When to do online market research ?

Some of us born rich but many of us don’t have enough money to take a risk in volatile market conditions. This is where a smart move by doing online market research and online market survey comes handy. Make a kick start with understanding the market you are going to enter. Analyse the market potential and market trend for next 5 years at least (obviously you are not going to do business for few years).

Is online market survey helpful ?

As the use of internet has grown use of online market survey has grown incredibly. This is the best way to understand from your potential customers whether or not the product/services you are going to launch are acceptable in the market. Online market survey is not only meant when you start a business. It is also extremely helpful when you are in middle of any business and want to launch some new. Doing survey and then analyzing the result will help you in best way to make a right decision.

If you wish to know more basic things about marketing research or online market research or online market survey visit www.Vc-India.com.