market research
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1. presentsMarket Researchfor Startup LeadersNATALIE NATHANSONMagnetude Consulting2. 2. Market research for start-‐ups is essen2al. Understanding the needs and wants of
your target market can be the difference between success and failure.3. 3. Agenda• Market research 101• Qualita5ve startup market research• Project
framework• Ge?ng started on your own4. 4. WHAT IS MARKET RESEARCH?5. 5. Process of systema2cally inves2ga2ng the market for a given product or service,
gathering and analyzing data regarding the number and loca5on of customers; customers’ interests, preferences, and buying habits; and pricing and price sensi5vity of demand. …For the purpose of gaining insight about a market to help a company formulate its business and marke5ng strategy.SOURCE: h*p://www.startups.co/informa:on/go-‐big-‐dic:onary/market-‐research-‐defini:on
6. 6. Categories of Market ResearchIn a Startup Environment…PrimarilyQUANTITATIVEPrimarilyQUALITATIVEBehavioral