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Test Your Target Market Before Starting Abroad! Get Feedback from your Potential Customers!

#1 Dec 4 2009 5:10pm

Test Your Target Market Before Starting Abroad! Get Feedback from your Potential Customers!

A good and precise will professionalize your setup approach and will give more value to your business plan.
Doing quantitative market research is a solution to add a personal touch to your market research as you are testing “your” precise target market about “your” precise project.
It will make your project even more credible and it will help you to convince financial partners and others.

It’s an essential stage in the but many entrepreneurs don’t do it – not least because of the supposed cost. As a result, many entrepreneurs only request feedback on their project from their family circle for their primary research which will of course, give them some positive return. Producing your quantitative research alongside an agency is a far more objective solution and is at last affordable to those with a small budget thanks to the online method.

Online market researchhas grown rapidly in recent years as a key form of data collection for primary research activities. Online market research offers both large and small research focussed organisations the chance to eliminate the costs involved with face-to-face, postal and telephone data collection.

Starting a business? Launching a new product or service?
Test the market first!

A good and precise will professionalize your setup approach and will give more value to your business plan. Doing quantitative market research is a solution to add a personal touch to your market research as you are testing “your” precise target market about “your” precise project. It will make your project even more credible and it will help you to convince financial partners and others. It’s an essential stage in the but many entrepreneurs don’t do it – not least because of the supposed cost. As a result, many entrepreneurs only request feedback on their project from their family circle for their primary research which will of course, give them some positive return. Producing your quantitative research alongside an agency is a far more objective solution and is at last affordable to those with a small budget thanks to the online method. Online market researchhas grown rapidly in recent years as a key form of data collection for primary research activities. Online market research offers both large and small research focussed organisations the chance to eliminate the costs involved with face-to-face, postal and telephone data collection. Starting a business? Launching a new product or service? Test the market first!
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#2 Jan 5 2010 10:09am

Re: Don't forget to test your target market before starting abroad!

We are a startup software company and thinking of starting a business in the UAE. We target businesses which need to develop applications to run on the iPhone platform. We would like to have more information on how to do market test and how can do it. Also, how much would it cost.

Thanks!

We are a startup software company and thinking of starting a business in the UAE. We target businesses which need to develop applications to run on the iPhone platform. We would like to have more information on how to do market test and how can do it. Also, how much would it cost. Thanks!
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#3 Jan 8 2010 5:37pm

Re: Don't forget to test your target market before starting abroad!

You can definitely do it thanks to the online way, which would be even more adapted as your project is about IPhone app, you can even show some app examples during the survey, as an introduction...

I won't be able to help you regarding the cost of it as we don't provide B to B online market research so far but only consumer ones.
Feel free to contact me if you have any more questions.

Good luck and all the best for this New Year!

You can definitely do it thanks to the online way, which would be even more adapted as your project is about IPhone app, you can even show some app examples during the survey, as an introduction... I won't be able to help you regarding the cost of it as we don't provide B to B online market research so far but only consumer ones. Feel free to contact me if you have any more questions. Good luck and all the best for this New Year!
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#4 Mar 16 2010 2:51pm

Re: Don't forget to test your target market before starting abroad!

Hi,
the proper and in my opinion the most effective way is a combination of online research and field research. Re cost, that depends on how thorough you want the market research to be. According to my more than 20 years experience with building up businesses i a good thorough market research will take about 3 months. Then you will have a clear strategy with goals and targets (expressed in time and money for the next 3 years) and have a complete overview of the market. My expertise is b2b.
Karl

Hi, the proper and in my opinion the most effective way is a combination of online research and field research. Re cost, that depends on how thorough you want the market research to be. According to my more than 20 years experience with building up businesses i a good thorough market research will take about 3 months. Then you will have a clear strategy with goals and targets (expressed in time and money for the next 3 years) and have a complete overview of the market. My expertise is b2b. Karl
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#5 Jun 28 2010 12:38pm

Re: Don't forget to test your target market before starting abroad!

dear sir,
thanks for givening us room to learn about how to run our business.but i will like to know how i can get contacts from China companies to buy goods from therm at good prices and sale therm in Ghana.thank you.

dear sir, thanks for givening us room to learn about how to run our business.but i will like to know how i can get contacts from China companies to buy goods from therm at good prices and sale therm in Ghana.thank you.
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#6 Jun 28 2010 12:44pm

Re: Don't forget to test your target market before starting abroad!

Hi,

I am afraid we won't be able to help you on that one as we only provide consumer market research services so won't be able to contact chinese company.

Good luck!
Regards,

Eric

Hi, I am afraid we won't be able to help you on that one as we only provide consumer market research services so won't be able to contact chinese company. Good luck! Regards, Eric
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#7 Mar 7 2011 11:18am

Re: Don't forget to test your target market before starting abroad!

Hi MarketTest

How easy will it be to get financing in UAE?

Thanks

Hi MarketTest How easy will it be to get financing in UAE? Thanks
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#8 Mar 7 2011 11:56am

Re: Don't forget to test your target market before starting abroad!

Hi there,

Hard to say, it depends on the kind of finance are you looking for.
Then, not really pro about UAE to be honest. You need to do some research first about the way you get fundings there. The way investment works.

Good luck

Hi there, Hard to say, it depends on the kind of finance are you looking for. Then, not really pro about UAE to be honest. You need to do some research first about the way you get fundings there. The way investment works. Good luck
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#9 Mar 18 2013 6:10am

Re: Don't forget to test your target market before starting abroad!

hello
our's is an indian company manufacturing fertilizers. We want to set up a business unit in Cork city, Ireland. will it be possible for you to help us in our market research including the present market analysis and the present costs of our products in the ireland market ?

hello our's is an indian company manufacturing fertilizers. We want to set up a business unit in Cork city, Ireland. will it be possible for you to help us in our market research including the present market analysis and the present costs of our products in the ireland market ?
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#10 Mar 20 2013 10:09am

Re: Don't forget to test your target market before starting abroad!

Hi
Can you send me your contact details and I will try to find someone to help. caroline@startupoverseas.co.uk
thanks

Hi Can you send me your contact details and I will try to find someone to help. caroline@startupoverseas.co.uk thanks
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#11 Feb 18 2014 11:54pm

Re: Test Your Target Market Before Starting Abroad! Get Feedback from your Potential Customers!

Hello Everyone
I would like to invite anyone who is considering making money in Poland, to visit our website.

wide range of services such as:
Polish market research,
Business setup in Poland,
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administrative support, legal and accounting
searching for business partners
exporters and importers.
provides a tailored solution to ensure the individual requirements of the client are taken into account when the business is setup. We offer service of virtual office in Warsaw, Gdansk, Poznan, Wroclaw and Katowice.
Our company cooperates with a selected group of verified specialists like accountants, lawyers, architects, construction companies, HR & media agencies and graphic designers.


Hello Everyone I would like to invite anyone who is considering making money in Poland, to visit our website. wide range of services such as: Polish market research, Business setup in Poland, registration or sales of ready-made companies administrative support, legal and accounting searching for business partners exporters and importers. provides a tailored solution to ensure the individual requirements of the client are taken into account when the business is setup. We offer service of virtual office in Warsaw, Gdansk, Poznan, Wroclaw and Katowice. Our company cooperates with a selected group of verified specialists like accountants, lawyers, architects, construction companies, HR & media agencies and graphic designers.
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