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Hello all I've been stuck trying to complete my business plan and I would say I would like to know how to find the data needed for the Market Research section. Thank you for any assistance

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Seek information about individuals who are likely to buy your services, such as, location, economic needs, community conditions, and similar information that would allow you to gear a marketing plan toward a population of buyers you wish to impress.

When researching the web I recommend that you change your search key words. Here is a list of preface words that you should consider followed by words identifying your product when searching on Google or like sites: Financial Forecast Anticipated Revenue Future Market Sales and Revenue Market Coverage Industry Forecast Market Trends Market Data Forecast Data Outlook Others you may think of implying data and information in the past, present or future.

Sometimes the information doesn't jump right out of the page at you. You have to give some thought to how you are going to use the data and be willing to look at it at face value and think about potential underlying support it may be providing to your premises. You may have to change your focus from a technical one to a business one and elevate your view of information, then interpolate downward.

Report Kenneth's answer

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Report Miguel 's answer

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In my side i think you can find your data to the market or place which your tagert to sales your product or service this cn help you to get good information which can be benefit to your business plan

Report Eric's answer

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You can read materials on market research. Also prepare a questionnaire and give it to those in that field (same product), and you will get good feedback that can help you resolve your quest.

Report The's answer

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Your question is simple but not that simple when it comes to execution, as you are asking for research data. If I would have been your consultant, I would have asked you first to share your existing business plan to see what all are there to understand your thought process, as research must be defined based on owner's thought process and objective about the business.

To answer your question (assuming you have done the above appropriately):

  1. You can hire a market research service.
  2. You can subscribe to the sites like Gartner, who provides market research data.

The above 2 are easy and to be paid services.

  1. You can search on different government web sites, blogs about the data you want to research and for this you must know what "search" phrases to be used. This is bit time consuming, but it is effective.

Based on your priority you can make the choice and it will work for sure.

All the best !

Report Rahul's answer

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