Market Research

How can a poor sample mislead market research?

  • Market research results are reliable only when the people studied are similar to the customers the business wants to reach.
  • The wrong age group can make the offer look more or less attractive than it really is.
  • Income differences can give a false idea of what customers can afford.
  • Location differences can hide local needs, prices, habits, or competitors.
  • Too few real buyers in the study can overstate interest from people who are unlikely to purchase.
  • Easy-to-reach respondents may leave out important customer groups.