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Marketing Refs
Method

Market Research

Market research is the process of collecting and interpreting information about customers, competitors, categories and demand.

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Also ResearchMarketing Refs Editorial, reviewed by Marketing Refs Review DeskAudience & Research2 sources

Decision model

Research = questions + data collection + synthesis + decision support

How it works

Market research reduces strategic guesswork by grounding positioning, offers and channels in observed market evidence.

Key takeaways

  • Use Market Research when the decision depends on customer evidence, segmentation and buying context.
  • Pair Market Research with related concepts before changing strategy, budget or execution.

Where it is used

  • Audience & Research planning
  • Campaign review
  • Team alignment

Used by Marketing teams · Growth teams · Students

Examples

  • A audience & research team uses Market Research to turn a vague marketing discussion into a specific decision with owners and evidence.
  • A manager links Market Research to adjacent concepts before changing a campaign, journey, budget or operating process.

Common mistakes

  • Using Market Research as jargon without tying it to a decision, owner or measurement signal.
  • Treating Market Research as isolated from adjacent concepts that change how it should be applied.

Questions

What is Market Research?
Market research is the process of collecting and interpreting information about customers, competitors, categories and demand.
When should marketers use Market Research?
Market Research should be used when it clarifies a marketing decision, owner, workflow or measurement question.
What is a practical example of Market Research?
A audience & research team uses Market Research to turn a vague marketing discussion into a specific decision with owners and evidence.

Sources

NextCustomer Segments vs Target Market

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