Test Marketing
A marketing strategy that involves releasing a product to a limited audience to evaluate its market performance before a full-scale launch.
A marketing strategy that involves releasing a product to a limited audience to evaluate its market performance before a full-scale launch.
A market in which vendors offer goods and services specific to an industry, trade, profession, or other group of customers with specialized needs.
The process of determining whether there is a need or demand for a product in the target market, often through testing and feedback.
A qualitative research method that studies people in their natural environments to understand their behaviors, cultures, and experiences.
The systematic investigation of competitor activities, products, and strategies to gain insights and inform decision-making.
Market Requirements Document (MRD) is a comprehensive document that outlines the market's needs, target audience, and business objectives for a product.
A framework for discovering and validating the right market for a product, building the right product features, and validating the business model.
Obstacles that make it difficult for new competitors to enter an industry, such as high capital requirements, strong brand loyalty, or regulatory hurdles.
Statistical data relating to a particular population and groups within it.