I never really understood that I was probably doing it wrong until a couple months ago when I was talking to one of my online friends.
I suggested to him that I had a niche market that I wanted to get into, but since it was a physical product, I wanted to hook up with him because of his extensive e-commerce experience.
When he started asking me about the market for that product, and the existing market research, I found I could not answer his questions with any qualified answers.
He told me that one of these days, we would need to sit down and do some real market research to determine if pursuing the sale of that product would be worth our investment of time and money.
That got me thinking about what I did not know about true Market Research and what I should learn about the topic.
For all of the experts in the forum, whom rely upon market research to choose a product niche to pursue, would you be willing to spare a few minutes to share some insight about this most important part of selecting a new product to promote?
p.s. And Merry Christmas to my Christian friends!! To my Jewish and Muslim friends, have a great December's end... And to all a prosperous 2011!!