How important is market research before launching a business

[LandenLugo]

How important is market research before launching a business

[NoorPhelps]

Market research is super important before launching a business! It helps you understand your target audience, what they want, and what your competition looks like. You don’t want to dive in blind!

[AlbertDuncan]

Honestly, I’d say it’s crucial. Doing your homework on the market can save you a ton of time and money. You get to see if there’s even a demand for your product or service before you go all in.

[DrewFitzpatrick]

Market research is like the GPS for your business journey. Without it, you might end up lost or heading in the wrong direction. It's all about knowing where you're going and who you're trying to reach!

[NovaVillegas]

I think it’s really important! It can help you spot trends and avoid mistakes that others have made. Plus, it gives you confidence that you’re making the right moves when you finally launch.

[MeredithOrr]

Definitely a big deal! It’s not just about having a great idea; it’s about making sure there’s a market for it. You want to launch something people actually want, not just what you think they want.