What is Market Research?
The classical definition of market research according to entrepreneur.com is:
"The process of gathering, analyzing, and interpreting information about a market, about a product or service to be offered for sale in that market, and about the past, present, and potential customers for the product or service; research into the characteristics, spending habits, location and needs of your business's target market, the industry as a whole, and the particular competitors you face."
The crux here is that - as a new entrepreneur or even as a seasoned one, you need to know what you are getting into. You need to check the viability of your idea in the present marketing environment.
Timing is essential, a slight deviation in the entry timing could at times result in the quick demise of your business idea. That’s why seeking the services of a marketing research agency becomes essential.
Benefits of Our Market Research Service
Here are some of the benefits of our market research service:
1. Complete primary research assistance
We understand that launching is a new business is not all about market research. You have many other legal implications that you need to take care of. Anyways market research is a pretty time-consuming task and involves specialists to crunch the numbers into meaningful insights.
Our marketing researchers can do it all for you. What you would receive is data and numbers that would make complete business sense.
2. Complete secondary research assistance
This might seem to be a relatively simple task when compared to the primary market research, but it is not. Referring to oceans of online data and its variable is a purely intellectual ball game. You need our expert services to make complete business sense of it.
3. Research Reports That Covers It All
We provide you with very detailed and very well-formatted research reports. Our reports are driven by your market entry objectives. In a nutshell, these reports will provide answers to every business environment-related question that you might have.
Market Research Plans
Here are our market research plans that you could avail of for your business.
Basic Package
Save upto 5% cost on this package
₹85,000
(inclusive of all taxes)
- Primary Research ( Limited to sample size of 200)
- Secondary Research
- Complete research report
Get StartedGrowth Package
Save upto 10% cost on this package
₹1,00,000
(inclusive of all taxes)
- Primary Research ( Limited to sample size of 500)
- Secondary Research
- Complete research report
Get StartedPremium Package
Save upto 15% cost on this package
₹2,00,000
(inclusive of all taxes)
- Primary Research ( Limited to sample size of 1500)
- Secondary Research
- Complete research report
Get StartedSecondary Research Reports
Here are My Legal Clinic packages for secondary research report creation. Our packages are flexible and suits every need.
Documents Required
You would need to provide us with the following information and documents in order for us to process your market research request.
- Proof of ownership of the business
- Product details
- Business objectives
- Marketing intent
Frequently Asked Questions (FAQs)
My Legal Clinic believes in answering your questions. We know that as a new business owner you would have certain levels of anxiety and doubts about how the legal business environment works, well don’t worry, read our FAQs, they have been put here to answer all the usual questions that you might have our market research services.
How much time will it take?
Times lines here have to mutually decide and would largely be based on your entry strategy and nature of business. It could take anything between a month to 6 months to complete the market research.
Are there any hidden costs?
No, there are no hidden costs, what you see in the package is what you have to pay.
What benefits can I expect from the service?
By availing our market research services, you expect to gain better insights into the markets you are entering. You would be in a better position to form your business strategy and would know how to market your product/service and where.