⬅ Previous Next ➡ 🔹 Lesson 1:How to Do Market Research Using Your Phone Learning Objectives By the end of this lesson, the learner should be able to: Understand what market research is and why it is essential for business success. Identify different types of market research (primary and secondary). Use practical methods to conduct market research using just a smartphone. Analyze competitors, customers, and trends to make informed business decisions. Apply insights from research to improve products, services, and marketing strategies. Introduction Many businesses fail because they assume they know what customers want, how much they are willing to pay, or who their competitors are. Guesswork is risky. Market research is the process of collecting and analyzing information about your customers, competitors, and the industry to make better business decisions. The good news is that you don’t need expensive tools, surveys, or a full team to do ...