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Define Marketing Problems and Opportunities


   

The market research process begins with identifying and defining the problems and opportunities that exist for your business, such as:

  • Launching a new product or service.

  • Low awareness of your company and its products or services.

  • Low utilization of your company's products or services. (The market is familiar with your company, but still is not doing business with you.)

  • A poor company image and reputation.

  • Problems with distribution, i.e., your goods and services are not reaching the buying public in a timely manner.

 

 

 

 

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