Imagine your business as a ship sailing through uncharted waters. Without market research, you would be navigating blindly, risking running aground or getting lost at sea. Effective market research strategies act as your compass, guiding you towards success and helping you make informed decisions along the way. In this discussion, we will explore the importance of market research, from identifying your target market to gathering customer insights and analyzing competitor strategies. By implementing actionable recommendations based on thorough market research, …