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Market Research Mastery: Learn the Secrets of Effective Market Research

Original price $9.99 - Original price $9.99
Original price
$9.99
$9.99 - $9.99
Current price $9.99

A short, practical guide for anyone about to launch a product who has not yet checked whether people want it. It sticks to the research you can do yourself for free online rather than the kind you pay an agency for: sizing up competitors through their own customer reviews, working out who your buyer really is, deciding which features to build, and choosing a price bracket you can actually compete in. Concrete worked examples throughout, using real companies.

What's inside

  • The difference between primary research (interviews and surveys) and secondary research, and why the free secondary kind is where a small business should start
  • Mapping your competition: building a list of the top five to ten rivals and mining their online reviews for strengths and weaknesses
  • A worked competitor analysis of the phone case market, showing how to spot the under-served segment
  • Identifying your real buyer instead of the one you assume, and how a wrong demographic wastes advertising money
  • Choosing product features: a play-money exercise for ranking what people actually care about
  • The Kano Model explained with a phone example, separating basic, performance and delight features
  • Pricing strategy: how retailers from Walmart to Nordstrom pick their bracket, typical digital product price tiers, and how to price a physical product from its unit cost
  • Perceived value, and the risk of pricing so low that buyers assume poor quality

Details

  • PDF, 18 pages
  • Instant digital download
  • Read on any device, or print it
  • For personal use
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