Market research ideas

A bit of a catch 22 here.. you " Selected " the top end market.. but are you qualified to provide for that market space? the answer is kinda in the question at hand... You should kind of already know the answer to your question if you are intending to gun after the big dogs.

Dont be affraid to START with the smaller fish.. get a better idea if not an exact idea of the pain in the market space. Generally speaking the same pains are shared from the bottom of the food chain all the way to the top.

Let YOUR experience in the market space, and or the service you are capable of providing choose WHO to target and go from there.

What did your traffic say when you asked them what they wanted/needed?

Life gets easier when you're personally involved in the niche.

A good place to start is to study the advertising copy of your successful competitors.

There is a wealth of useful information contained within.

Alex

I think nowadays budget and cheap words are most popular in business. But Still user wants something new & special at budget rates in my Opinion. What are you thinking ?

I'd say 30 people weren't statistically relevant and, more importantly, are unreliable.
You need to research your market in far more detail.
Back issues of consumer and trade magazines, Amazon reviews, competitor campaigns, reddit sub groups, forums, social media chatter... anything and everything.
You really need to know your market intimately.

Can't remember who it was, but they said describe a character in intimate detail from your favorite TV series. Then describe your customer. If you can't describe your customer at least as well, then you haven't completed your research :-)

30 is just a minimum number to make the statistics make sense.

Doing a Market Research through asking 30 people is pretty illogical.

These are not representative of nothing.

You should go in facebook insights and watch the statistics, thourhg fb business manager, also go in adwords and see searches of your keyword market, go to amazon and check, and also see if there are any ads of your potential competitors.

If there are no competitors it would probably means that there is no money in this market.

Features isn't always the way to go. People want to know what BENEFITS they will get from something. The features are just how to get the benefits.

So I saw the image... A photo box? still not sure what it is, and what it exactly does...

I'm guessing a mobile photo booth? There are more than enough listings on the internet to get an idea of what they are targeting and " how" looking at my local listings for " photo booth rentals for weddings " it was uh hmm weak at best.. pretty sad actually. I am sure with a bit of searching you can find a site or 2 have gone beyond notepad for a html editor that has a decent appearance and some better than average targeting and advertising.

I would get a web page up and running... ensure your site is local friendly IE Google my business listed etc. and from there I would look for local directories you may be able to post to, local reddit threads. ( wedding - family reunion - graduation etc ) Craigslist, and of course FaceBook.

I would also find post it boards in your local area IE Walmart, coffee shops, gas stations, etc

A bit more information on what it is you are exactly doing would help a bit here

Start off with your social media accounts. Look for forums where people would be looking for market research services, educate them about it. I think you can get a good start from here.

All the best, IT Rate

Reading top blogs in your niche to see both subject matter covered and the problems popping up in blog comments are 2 ways to get a pulse on your niche. If top bloggers cover these topics and readers are having in these areas you have some solid ideas to work from.

Advertising and marketing exploration is practically mandatory for any firm to move because of the changing dynamics of the enterprise atmosphere. In fact, lots of firms are carrying out market research, even though amassing and analyzing market advice by using their own testimonials. But a mindful market-research report may show far more regarding the industry afterward the report done in a haphazard way.