Define what is market research

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Questions

1. Define what is market research.

2. Identify and describe your potential clients. Use tables and different types of charts to support your findings on demographics, statistical data, forecasts, number of visitors or potential clients, etc.

3. Identify the specific need, want and demand of the local market of your choice. Use images, reviews, and word of mouth to support your business idea. Explain how your business will cover this need, want, and demand.

4. Perform a competition analysis (include a definition). Use maps, images, logos, or tables with your potential competitors in the area you have chosen.

Reference no: EM133439318

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