Whether they want to discover new opportunities or identify hidden risks, companies need a data-driven understanding of the markets where they want to play. It’s no surprise, then, that 78% of surveyed business leaders said using data to inform growth strategies resulted in increased revenue.
And one of the best ways to get that data is a market analysis.
This infographic, The Five Critical Steps of a Successful Market Analysis, lays out five critical steps companies should follow when conducting a market analysis so they can gain a better understanding of their market and customers—and generate better ROI and increased revenues.