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Question: What are some methods for a startup company to conduct market research on their target audience without hiring an outside party or agency?
Social Media
Surveys
Analyze Competitors
Online Communities: Join forums, Facebook groups, sub-Reddits, Answer the Public, or Quora
Test with Minimal Viable Products (MVPs)
Free Analytics Tools such as Google Analytics
Market Research on a Budget: How Startups Can Learn About Their Target Audience
Understanding your target audience is critical for any startup, but hiring a market research agency can be costly. The good news? You don’t need a big budget to gather valuable insights. Here are practical, DIY methods to conduct market research without breaking the bank:
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