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Showing posts from October, 2021

Why Market Research is required for product development?

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B rands use market research in developing marketing strategies and identifying growth opportunities with it. Starting from the New product idea generation to its market launch, Market research plays a crucial role in product development. So come let’s discuss it in detail.    What is Market Research? Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.  With the help of Market research, we can monitor our performance in the market. Also, we can gather customer satisfaction feedback . Benefits of Market Research: New product development: From idea generation to concept development, all stages are vital in New Product Development, and understanding each stage thoroughly can determine the success rate of your product or service. Market research helps in making modifications in new product development.   Identifying potential problems: Through Market research, you can collect feed

Boost sales of Retail and Manufacturing products with the help of web and mobile-based feedback application.

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The customer is the one who does the branding of any business. In other words, we can say that they act as a promoter when they are satisfied with the business. Although knowing their needs and requirements is the utmost priority of every business. Whether it is a retail or manufacturing industry the opinions of customers are essential to develop your business. You need to know which products customers like and which they don’t like. And this can be analyzed through mobile app surveys. With the help of mobile app surveys, one can conduct online and offline surveys anywhere anytime and can also collect data anywhere. So let’s know in detail about the retail and manufacturing products: Retail and manufacturing products mean the goods delivered for final consumption in convenient lots through different forms of organizations. The word Retail itself is derived from the French word ‘Retailer’ that is to cut a piece, a breakdown. These are the goods which we use in our day-to-day life