Market research can win or break your online business. It is no doubt
that it is an essential element in determining the success of your
online business.
I've seen many people out there were blindfolded
by the word "fast cash". As a matter of fact, this is only a subtle
tactic that lures people into a false belief. When they are blindfolded,
they tend to skip the most crucial step of setting up an online
business, which is market research. The reason why many people skip this
step is because they overlook the importance of it. They perceive this
step as an option. This can be understood. It is because market research
is the mastermind behind the curtain that navigates your online
business. Most people only see the player on stage, but fail to
recognize the mastermind behind the curtain. That being said, many
people only focus on building a nice looking landing page and driving
traffic to the landing page.
Here is a question to ponder on.
Without market research, how does an online marketer knows the pain of
their audiences? Without having a deeper understanding of the audience,
how does an online marketer craft a compelling landing page to draw the
audiences' attention? All these cannot be achieved without a proper and
thorough market research.
Market research
is able to give online marketer a rudimentary understanding on their
audiences. This step in not only important. It is essential. This step
is able to determine the success of your online marketing business. The
reason why it is so important is because it serves as a way for the
online marketer to have a deeper understanding on their audiences. It
enables the online marketer to understand the pain and desire of their
audiences. When the pain and desire are understood, it makes it a lot
easier to speak to their languages that resonate with them.
The
reason why I mentioned it will determine the success of your online
business is that, it helps online marketer to see the deepest pain of
their audiences. From there, build a bridge to connect their pains to
the ultimate solutions (which is the products or services that you are
trying to sell to your audiences). Without it, it is no way the bridge
can be formed.
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