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Steps of Market Research for Startups 👇 🔥
1. Defining the purposes of the marketing research
2. Asking the right questions
3. Analyzing the competitors and potential market
4. Analyzing the potential audience
Conclusion 👇
If you are a small business or a startup, it is crucial to do efficient market research to plan your digital marketing strategies and to make further decisions.
It makes sense to gather information about the industry, competitors, and target audience before spending your time and money on your enterprise.
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