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Starting & Running a Business All-in-One For Dummies, 4th Edition (UK)
book

Starting & Running a Business All-in-One For Dummies, 4th Edition (UK)

by Colin Barrow
October 2023
Beginner
688 pages
18h 52m
English
For Dummies
Content preview from Starting & Running a Business All-in-One For Dummies, 4th Edition (UK)

Chapter 6

Researching Your Customers and Competitors

IN THIS CHAPTER

Bullet Targeting and reaching prospective customers

Bullet Understanding why customers buy

Bullet Looking at your product

Bullet Getting a handle on your competitors

Bullet Evaluating your market share

Bullet Working out what market research is worth to you

Every marketer mulls over the same questions: Who are my customers? How did they hear about me? Why do they buy from me? How can I reach more people like them? Who am I going to be competing against? How much is it worth to find the answers?

Successful businesses use the answers to these questions to influence every product design, pricing, distribution and communication decision they make. This chapter focuses on the person with an interest in your product or service and an open wallet and the person who is also after a slice of the action.

Whether your business is starting up, running at full pace or ...

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Publisher Resources

ISBN: 9781394201655Purchase Link