About people or companies — a market — and then analyzing it to better understand what that group of people needs.”[*] In other words: Market research gives you Hungary Phone Number both a qualitative and quantitative understanding of why your ideal customers would want to buy Hungary Phone Number your products. Screenshot showing what market research consists of The great thing about Hungary Phone Number market research is that it mixes science with intuition. Your gut might be telling you one thing, but the data is telling you something different.

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You must synthesize all of this information Hungary Phone Number and make the right decision for your business. But don’t worry, I’ll show you how. First, it’s important to understand that there are two types of research and dozens of tools to help you research. Primary Research: Data and information that you Hungary Phone Number collect yourself. You control and own the method of collection as well as the data itself. Secondary Research: Data or information that you collect from existing sources.

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You can analyze the data in any Hungary Phone Number way you want, but the information is also available to other people (and your competitors). Tools:  Anything you use to collect, gather, organize, and analyze data and information through primary or secondary research. For Hungary Phone Number example, surveys, focus groups, interviews, observations, publications, magazines, government reports, institutional research, and more. The purpose of collecting in-depth information is to help you make better decisions.

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