Whether you are an strat-up or a veteran multi-national organization it's never easy to bring any idea to life. The challenges faced in both these cases are more or less similar.
Most common questions asked related to new idea are:
Market research can help you in finding answers to all these questions and more as it is a well structured process which involves collection & gathering of raw data related to target market, product or service, competitors and about past present and potential consumers.
In the early phase of research process i.e. during exploratory research phase you can make use of syndicated research reports to gain relevant insights. In the later stage during descriptive research phase you can use custom market research to find specific solutions.
Managing Director & CEO of NOVONOUS Business Consulting Pvt. Ltd., a knowledge management firm. I like sharing my experiences in the field of Market Research to those who are passionate and like exploring more about this field.