Frequently asked questions
How is market research different from a competitor audit?
Market research looks at the market as a whole — its size, trends, entry barriers — while a competitor audit examines specific rivals and their offer.
Does the research include talking to prospective customers?
The base is desk research; where the agreed scope calls for it, we add short interviews or surveys with prospective customers.
Does market research make sense for entering a foreign market?
Yes, the mechanism is the same, though access to some data can be harder abroad, which we factor into the scope.
What if the results show that entering the market does not pay off?
That is also a valuable outcome — the goal is a clear answer, not confirmation of an assumption made in advance.
Does the report cover specific customer segments or only the overall market?
We agree the scope individually — the report can cover the overall market and specific segments if those are what the entry decision depends on.
Can market research be combined with buyer persona work?
Yes, the two complement each other well — market research gives the market context, while buyer personas sharpen the audience within it.