Most people are too impatient to understand the market before they start a business. I attach here a template of a market research questionnaire to help business start-ups.
Most people are too impatient to understand the market before they start a business. I attach here a template of a market research questionnaire to help business start-ups.
Most people are too impatient to understand the market before they start a business. I attach here a template of a market research questionnaire to help business start-ups.
The objective is to identify potential customers and determine the demand
for product or service.
Introduction and consent 1. Baseline data Age: a) 10 19 b) 20- 30 c) 31- 40 d) > 40
Gender: a) Female b) Male
Marital status: a) Single b) Married c) Divorced d) Separated e) Widowed
Type of household parenthood a) Both parents available b) Single (mother) parent household c) Single (father) parent household d) Orphaned (both parents unavailable) e) Other (please specify) _________________________
Family size: a) 2 b) 3 4 c) 5 7 d) > 7 family members Location a) Nsaru trading center b) Village surrounding Nsaru c) Just visiting Nsaru d) Other (please specify) _________________________
Education a) None b) Primary education c) Secondary education d) Tertiary udecation e) Not sure f) Other (please specify) __________________________
Occupation (main source of livelihood): a) Unemployed b) Farmer c) Student d) Businessman e) Civil servant f) Private sector employee g) Other (please specify) ____________________________
Religion a) Christian b) Muslim c) Pagan d) Traditional religion
2. Demand: Is there a demand for the product? Whether anyone wants or needs your proposed business 3. Competition: 4. The Industry in General: How you can be better than others 5. reererer er 6. Erererere
7. The Market a. Who are your customers going to be? (Subgroup analysis may help) b. What products do they buy? c. Is there any need for specialised products for specific groups? d. How frequent? e. Are there enough customers to support your business? f. How many customers buy which product? g. What is it that they need? h. How are these needs not being serviced by existing businesses? i. How is it that you will service those needs? j. Who is the competition? k. From which shop do you buy these products? l. Are there other shops which sale the same product? m. Why do you choose that specific shop? n. Do they pack their product in a better way tan others? o. Are they friendlier than the others? p. Are you related in any way? q. Have they helped (given alms to) you before? r. Do you belong to the same organisation (such as church, village, clan or tribe)? s. Is their service superior than others? t. Apart from this product, what other product do you also usually buy? u. Is their any other product that you would like to be buying but it is not available here in this area? v. What do you do to find this inaccessible product? w. What are they doing right and wrong? x. What do you like most about this provider/shop? y. Is their anything they did that you were not happy with? z. Have you ever doubted their product?/scale/prices/friendliness? aa. How will your business be different than your competitors? bb. Why would customers leave your competitor and come to you? cc. What are the trends in your industry? dd. Have you been disappointed by buy this product? ee. Are any improvements you would want to see on the product? ff. Is packaging an issue? gg. Would home delivery (seller to be bringing the product to your door step) be good to you? hh. Do you think the scales are manipulated? ii. Is cleanliness an issue? jj.