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Know Your Market: How to Do Low-Cost Market Research (Psi Successful Business Library)
David B. Frigstad

Bookworld Services, 1994 - 187 pages

average customer review:based on 3 reviews
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Very Helpful

Market Research can be a dry topic, but Frigstad brought it to life in this piece. In my quest for marketing knowledge I found this book to be very helpful, tastefully written and inspiring.


very helpful

Being a small business owner myself - I found the book helped me to better understand the needs of my customers - especially when it comes to collecting and analyzing information from prospective customers.



One of the most frequent activities a prospective or existing small business owner takes is to ask a few friends or business associates about their reactions to a new product and then produce the product or start a new business based on those opinions. This informal "market research" can be very costly because it often incorrectly estimates your prospective market. But if you know how to systematically and effectively collect and analyze information from prospective customers, you can save time and a great deal of money.

Know Your Market takes the guesswork out of understanding your customers and their needs. Demonstrating step-by-step how to construct a typical research project, this streamlined guide explores all aspects of market analysis in language free of jargon and confusing abstraction.

Beyond the nuts and bolts of collecting, classifying and storing data, Know Your Market explains how to set up information systems, and how to gather, analyze, and present information on products, markets, market segments, and market shares.

Complete with worksheets, charts, tables and checklists, this practical guide will show you how to:

* Determine research objectives
* Monitor marketing efforts
* Budget a research project
* Perform secondary research and make the best use of available information in print
* Prepare and present an effective final report


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