market research questions for new business

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132 market research questions to ask.

75 Market Research Questions to Ask

Types of Market Research Questions

Market Research CategoryDescription
Target Audience DescriptionQuestions focused on understanding the size of the target market, customer personas, and key consumer trends.
Customer Survey QuestionsInquiries directed at customers to gather feedback on their experience, preferences, and satisfaction levels.
Pricing and Value ResearchQueries aimed at assessing pricing strategies, value proposition, and competitor pricing in the market.
Product or Service QuestionsQuestions aimed at understanding product uniqueness, value proposition, and competitive offerings in the market.
Online Visibility QuestionsInquiries focused on assessing the online presence and visibility of the business in search engines and online platforms.
Reputation ManagementQuestions aimed at monitoring and managing the business's reputation by addressing reviews and customer feedback.
Messaging and AdvertisingInquiries focused on understanding customer needs, emotional triggers, and advertising effectiveness.

Market Research Questions

Questions to ask customers, pricing and value, product or service questions, online visibility questions, reputation management, messaging and advertising.

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99 Market Research Questions You Should Be Asking

99 Market Research Questions You Should Be Asking

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Asking the right market research questions at the right time can pay dividends. You wouldn’t buy a house without first researching the neighborhood – and it’s unlikely you’d take a job without doing your homework on your prospective employer. So why should starting a business be any different?

Whichever way you look at it, asking the right market research questions makes sense as a first step.

The five parts of market research: definition, methods, steps & tips, examples and importance & benefits.

Do you want to gain a foothold in the market? Get to grips with the competition? Start thinking like your target audience? Introduce a new product or mobile app?

Whatever your goal, market research will help you understand all aspects of your industry, brand, potential customers, and rivals – good market questions can make a world of difference.

Below, we’ll walk you through 99 questions to ask for market research to succeed in the digital world. We started out as a research intelligence tool , so we know our stuff when it comes to defining a market, mapping key players, marketing strategies , and understanding trends , and target audiences.

So read on for all the questions your market research strategy needs – and how Similarweb can help you answer them.

How to choose market research questions

The market research questions you pick will depend on where your business is in its lifecycle. As we’ll get to in a moment, there are a lot of market research questions – so how exactly do you choose?

Pre-start-up – If you’ve not launched a business yet, and are just cultivating an idea – you’ll want to start with some formal market research first. Then, ask more general market research questions, and some targeted at start-ups. This will help you determine if there’s a financially viable market, whether it has blockbuster prospects, or is better off left in the cutting room.

Early start-up – If you’ve just started out, you’ll want to reach out to your target market with survey questions to help you tailor your products and services to them.

Established – If you’ve been around a little longer – and already have a few current customers – you’ll want to learn more about how you can keep improving your customer experience.

Finally, you can look at questions to ask for market research that focus on competitor analysis. These aren’t limited to any particular stage of your business’s journey. After all, getting clued up on the competitive landscape is always handy – whether you’ve just entered the market or are one of its most established players.

A business person conducting market research, analyzing graphs and evaluating data.

99 market research questions: discover, define, drill down

There’s no need to limit yourself! The best types of market research should – and do – include general questions and those addressing both existing and prospective customers. Indeed, an intelligent approach to market research should cover demographic questions all the way to those that’ll help you plan a product launch , drill down into your target market , and get the jump on your competitors.

Read on to see the best examples of market research questions in action!

Generic market research questions

These questions are most useful at the planning stage. They can apply to all businesses at any stage because markets shift, along with consumer behaviors , needs, and demands.

General market research is the process of figuring out how rich the soil is and whether the conditions are optimal to allow your business’s roots to take hold.

Some general market research questions you should be asking include:

1. How large is my product’s total addressable market (TAM)? 2. Will this market hold firm, or will it grow or decrease with time? 3. Are there already similar products or services out there? 4. If so, who’s offering them? (see the competitor analysis questions below for more) 5. Who are my buyer personas ? 6. What pain points does my product address? 7. How much market share is available for my business to take? 8. What external factors might affect the health and viability of my chosen market? 9. Which website demographics will I target? 10. Will I market my product internationally or target a specific geographical location or a single location (if so, why?) 11. Do I need to consider a website alone, or should I invest in a mobile app? (use mobile app intelligence to help to figure this one out) 12. Which suppliers or manufacturers operate in the space, and are they reputable? 13. Which marketing channels will I prioritize, and which affiliates or advertisers could I look to in order to expand my reach?

Market research questions for start-ups

Regardless of your sector, there are key things you need to establish before setting up a business. Read on to discover the fifteen market research questions all start-ups need to ask.

14. What is the total addressable market (tam), serviceable available market (sam), and share of market (som)? 15. What are the latest (and predicted) trends impacting your market? 16. Do you know who your direct and indirect competitors are?

Read through questions 71-99 for examples of market research questions to help you with this.

17. What’s your USP in the market? What’s the value-add that’ll make you stand out? 18. What do your competitors charge, and will you charge the same, more, or less?

You’ll also need to consider pricing models. For instance,  pay-monthly, annual subscription, or other?

19. Do you know how much people are willing to pay for a product/service like yours? 20. Can you trial your product or service with a beta group before launch to get feedback and/or testimonials? 21. What are the most effective marketing channels for businesses like yours? 22. How active are your customers and competitors on social media? 23. How will you onboard/welcome new customers? 24. Do rivals offer new customer or loyalty discounts? 25. What kind of customer support will you offer? Look at your rival’s offerings and decide whether you want to stick with the same or do better. 26. Are potential customers driven by price, product, or service? 27. Are your competitors or market impacted by seasonal trends ? 28. What opening hours and service level agreements (SLAs) will you advertise on your site?

Market research questions for a new product

Whether established, pre-launch or newly set up, you may need to ask specific market research questions for a new product launch. Whether you simply want to test the water with an idea or concept or go a little deeper to get clearer insights, these questions will help.

29. Is there a specific pain point your product will address? (if you have already identified an ideal customer, what kinds of things do they struggle with?) 30. Is there a demand for your product in the market? 31. Are there any opportunities to partner with other companies to get referrals for your product? 32. How do you plan to market and launch your product? 33. Will you release a minimum viable product (MVP) to market first?

If you release an MVP or offer a free trial to a select group of people, you’ll need to follow this up with a survey or specific questions to get feedback around usage, benefits, and improvements. A few examples of market research questions like these could include:

34. Which feature of the product did you use the most? 35. What improvements would you like to see? 36. How much would you be willing to pay for this product? 37. Was the product easy to use? 38. Was there anything you experienced during the trial that may deter you from using our product in the future? 39. How often did you use the product? 40. Would you recommend this product to someone else? If yes, why? If no, why?

Market research questions for your target audience

Once you’re sure there’s a viable market for your business, it’s time to drill down into that market – your audience and website demographics .

The six aspects of audience demographics: education level, hobbies or interests, financial situation, profession, age, and gender.

To begin, you’ll want to ask your respondents a few demographic questions to understand the basics. These might include:

41. How old are you? 42. Which gender do you identify as (if any)? 43. What’s your level of education? 44. What’s your profession? 45. What’s your household size? 46. What is your household income? 47. Which ethnic/cultural group do you identify with? 48. Where do you live? 49. Do you have any dependents? 50. What are your hobbies?

These questions provide a top-level understanding of your target audience . So, you can then utilize psychographic segmentation to dig a little deeper. These inquiries are designed to draw out your customers’ attitudes, lifestyles, likes, dislikes, motivations, and beliefs – particularly if they relate to your product or service.

The goal? To match your business with its ideal customer . Examples of these types of market research questions include:

51. Do you actively seek out new experiences or prefer to stick with what you know? 52. What do you most enjoy doing in your free time? 53. What was the last big-ticket item you purchased? 54. Have you ever boycotted a brand? If so, which brand – and why? 55. Which matters more when you make a purchase – price or quality? 56. Would you rather have more time or money? 57. How do you like to make purchases – do you prefer apps or web-based services? 58. How do you prefer to seek customer support? 59. What’s your main source of information?

For a more detailed deep dive into the above, see our guide on the what and why of market segmentation – and how to become a pro at it!

The definition of market segmentation is “the process of dividing a broad target market into smaller, more specifically defined groups.

Market research questions for your customers

So, you’ve established the market for your product, nailed your target audience, and now… you’ve got customers! Congrats – that’s a surefire sign that you’re on the right track.

But simply having new customers isn’t enough. To be truly successful, you’ll need to maintain engagement , foster loyalty to your product, and keep your customers coming back for more – in other words, build your brand.

Fortunately, this is where market research can help. By asking your existing customers a few questions, you can find out what you’re doing well, what you could be doing better, and – crucially – what your brand means to them. With this knowledge, you can do more of what your customers love, and identify key areas for improvement.

Here are some of the market research questions you can ask your customers to get useful feedback:

60. How did you first hear about our brand? 61. What made you choose us? 62. How long have you been a customer? 63. How would you rate your most recent experience with us? 64. Did we answer all your questions and requests for support? 65. Would you use us again? 66. How likely are you to recommend us to a friend? 67. What do you wish our product could do? 68. Do you believe our product is priced fairly? 69. What’s the maximum you’d pay for this kind of product? 70. What do you like most about our product?

Explore our complete guide to audience development for more tips, tricks, and strategies around this type of customer analysis.

Market research questions for competitor analysis

Death, taxes, and… competition .

Yep – no matter how original or innovative your idea is, pretty soon, there’ll be hordes of wannabes targeting the same space with similar products, and guess who they’ll be targetting? Your customers.

So how do you keep your friends close and your competition even closer?

Well, a SWOT analysis is a good place to start. It involves swotting up on your business’s strengths, weaknesses, opportunities, and threats. It’s a heady mix of evaluating your business and the external factors that could affect it. So it’s naturally a great place to get your competitor analysis and benchmarking off the mark.

The definition of SWOT is strengths, weaknesses, opportunities and threats.

You could also begin by asking yourself the following market research questions:

71. Who are our main competitors? 72. What are they doing that we’re not? 73. What’s our unique value proposition? 74. How much web traffic do our competitors receive? 75. Do they have a mobile app? If so, is it on iOS or android? How many monthly or daily active users do they have? 76. What’s their bounce rate ? 77. Which keywords and search terms do they target? 78. Which marketing channels do they prioritize, and how frequently do they advertise? 79. How do the backlink profiles of our competitors compare to our own? 80. Are our competitors seen as more authoritative in the space? 81. What kind of content do our competitors produce? 82. How do our competitors attract customers? 83. What are the unique selling points of our competitors? 84. What do our competitors charge? 85. What social media channels do our competitors use? 86. What kind of discounts and promotions do our competitors run? 87. Which sources and affiliates drive traffic to our competitors’ sites? 88. How does our business model compare to those of our rivals?

Remember, your customers are a potential goldmine of information about your competitors . Reach out to your client base with the following market research questions:

89. Who do you seek advice from when shopping for this kind of product? 90. Are you loyal to a particular brand in the space? 91. If so, what do you love most about this brand? 92. Is there anything that this brand could do better? 93. How did you find the last product you bought in the industry? 94. Is there anything you see our competitors doing that you’d like us to do? 95. What’s most likely to make you buy a product from another brand? 98. Can you tell us the top three things that made you choose us over a competitor? 99. What one thing matters most to you when deciding between brands that offer the same product?

You may also consider including some open-ended questions so you can hear from your loyal customers in their own words. Market research surveys are a great way to uncover and collect this type of data.

If you’re unsure where to start, learn about the seven types of competitor analysis frameworks – and how to use them to get your strategy off the ground.

Similarweb Competitor Analysis Frameworks

Whether you're B2B or B2C, get started with our free and easy to use template

How to answer these questions with Similarweb

Now that you’re armed with the 99 research questions you need to succeed in your market research endeavors, how do you answer them?

Similarweb Digital Research Intelligence is a great place to start. With these tools (which you can try for free) you can effortlessly do market sizing, gauge your audience’s loyalty and engagement rate , uncover mobile app intelligence for your market, improve your site’s retention rates, and more.

Similarweb platform shows the traffic and engagement metrics with its cutting-edge data.

In the same vein, Similarweb can also help you conduct that all-important competitor analysis . You can build a picture of which rival sites your customers frequent and form a data-driven understanding of why.

With Similarweb Digital Research Intelligence, you get an entire suite of market research and analysis tools at your fingertips. You can monitor your industry in real time via a personalized dashboard with on-demand access to industry, company, and consumer trends. With a broad view across web and mobile app intelligence, you can clearly understand the digital landscape that matters to you ( and your customers ) most.

Don’t just take our word for it, though. Check out what Similarweb can do for you today, and start tackling those big questions now!

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What is market research?

Market research assesses the viability of a product or service by reaching out to its target market. It can include primary research – such as interviews, focus groups, and questionnaires – and secondary research , like articles and white papers.

What is the best way to ask market research questions to customers?

Because they’re quick to set up, relatively low-cost, and easy to use, market research surveys are a great tool to use if you want to ask a group of people market research questions.

What’s the difference between qualitative and quantitative market research?

While qualitative data is typically mined through close observation with participants – such as in focus groups or face-to-face interviews – quantitative processes tend to involve larger-scale data grabbing. This could use forms, surveys, polls, or questionnaires to collect opinions en masse, often via emails or social media.

Qualitative data captures people’s thoughts and feelings – the prevailing sentiment around a product or service. Its quantitative counterpart, however, is more concerned with the cold, hard facts. That could be traffic metrics, engagement levels, bounce rates: anything that paints a data-driven picture!

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by Liz March

Digital Research Specialist

Liz March has 15 years of experience in content creation. She enjoys the outdoors, F1, and reading, and is pursuing a BSc in Environmental Science.

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100+ Market Research Questions to Ask Your Customers

Dwayne Charrington

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Dwayne Charrington shares insights on creating effective surveys, improving navigation, and using A/B testing for smarter decisions. Additionally, he focuses on optimizing mobile experiences and champions privacy-by-design, ensuring users feel satisfied, secure, and valued.

100+ Market Research Questions to Ask Your Customers

Asking the right market research questions can help you understand your target customers and map their behavior and preferences. 

But what does it actually mean?

Let’s look at a sample from a market research survey report for mapping brand awareness:

market research questions for new business

From this simple Q&A report, you can:

  • Visualize the proportions of demographic segments among your audience.
  • Measure how your brand is performing in comparison to others.
  • Pick the top preferred brand among the customers, explore what makes it stand out, and apply the same techniques to your brand.
  • See how your target market perceives brand advertisements and promotional efforts.

Now imagine if this type of data set is available for different aspects of your business – product development, marketing campaigns, optimization plans, and more.

That’s what market research does for you.

With the evolution of customer interaction points and constantly changing market trends, more and more businesses are fueling efforts to do in-depth market research, as evidenced by the steady increase in the revenue of the market research industry worldwide.

market research questions for new business

Market research can help you develop essential business strategies and maintain a competitive advantage over other brands to increase conversions and customer base.

And it all starts with asking the right questions to the right audience.

That’s why we have created this collection of 100+ market research questions to ask your target market. Each question aims to uncover a specific attribute about your customers. You can use a combination of these customer research survey questions, interviews, and othe marketing questionnaires for customers.

We have also added key tips to help you write your own effective market analysis questions if the needed.

100+ Great Market Research Questions to Ask Your Customers

The main challenge while designing and conducting research is – “What questions should I ask in my customer research survey?

That’s why we have a carefully curated list of market research questions to help you get started.

To Explore New Product Opportunities

market research questions for new business

  • What was your first reaction to the product?
  • Would you purchase this product if it were available today?
  • What feature would you like to see on the website/product?
  • Which feature do you think will help improve the product experience for you?
  • Of these four options, what’s the next thing you think we should build?
  • What’s the one feature we can add that would make our product indispensable for you?
  • Would implementing [this feature] increase the usability of the [product name]?
  • Please let us know how we can further  improve this feature.
  • What problem would you like to solve with our product?

To Collect Feedback on Existing Products

  • Have you heard of [product name or category] before?
  • How would you feel if [product name] was no longer available?
  • How disappointed would you be if you could no longer use [Product/feature name?]
  • How often do you use [product name]?
  • How long have you been using [product name] for?
  • When was the last time you used [product name]?
  • Please rate the following product features according to their importance to you.
  • According to you, In which area is this product/service lacking the most? Specify below.
  • How does the product run after the update?
  • Rate our product based on the following aspects:
  • Have you faced any problems with the product? Specify below.
  • What feature did you expect but not find?
  • How are you planning to use [product or service]?
  • How satisfied are you with the product?

To Segment the Target Market

market research questions for new business

Please specify your age.

  • Please specify your gender.
  • Select your highest level of education.
  • What is your current occupation?
  • What is your monthly household income?
  • What is your current marital status?

market research questions for new business

  • What is the name of your company?
  • Where is your company’s headquarters located?
  • Please specify the number of employees that work in your company.
  • What is your job title?
  • In which location do you work?
  • Which activity do you prefer in your free time?
  • Which other physical activities do you take part in?
  • Where is your dream holiday destination?
  • Please rate the following as per their priority in your life – Family, work, and social life?
  • Are you happy with your current work-life balance?
  • Do you describe yourself as an optimist or a pessimist?
  • How often do you give to charity?
  • How do you travel to work?
  • How do you do your Holiday shopping?

To Conduct a Competition Analysis

market research questions for new business

  • Which product/service would you consider as an alternative to ours?
  • Rate our competitor based on the following:
  • Have you seen any website/product/app with a similar feature?
  • How would you compare our products to our competitors? 
  • Why did you choose to use our [product] over other options?
  • Compared to our competitors, is our product quality better, worse, or about the same?
  • Which other options did you consider before choosing [product name]?
  • Please list the top three things that persuaded you to use us rather than a competitor.
  • According to you, which brand best fits each of the following traits.

To Gauge Brand Awareness

  • [Your brand name] Have you heard of the brand before?
  • How do you feel about this brand?
  • How did you hear about us?
  • Describe [brand name] in one sentence.
  • If yes, please tell us what you like the most about [your brand name]?
  • If no, please specify the reason.
  • How likely are you to purchase a product from this company again?
  • If yes, where have you seen or heard about our brand recently? (Select all that apply)
  • Do you currently use the product of this brand?
  • Have you purchased from this brand before?
  • Of all the brands offering similar products, which do you feel is the best brand?
  • Please specify what makes it the best brand for you in the category.
  • Which of the following products have you tried? (Select all that apply)
  • On a scale of 1 to 10, how likely would you recommend this brand to a friend or colleague?

To Map Customers’ Preferences

  • Have you ever boycotted a brand? If so, which brand and why?
  • What influences your purchase decision more – price or quality of the item?
  • How many hours do you spend on social media like Facebook, Instagram, etc.?
  • How do you do your monthly grocery shopping – online or through outlets?
  • How do you search for the products you want to buy?
  • Rate the factors that affect your buying decision for [product].
  • What persuaded you to purchase from us?
  • How likely are you to purchase a product from us again?
  • Please rate the following aspects of our product based on their importance to you.
  • What is the most important value our product offers to you?
  • Which of the following features do you use least?
  • How well does the product meet your needs?

To Map Customers’ Reservations

  • Is there anything preventing you from purchasing at this point?
  • What’s preventing you from starting a trial?
  • Do you have any questions before you complete your purchase?
  • What is the main reason you’re canceling your account?
  • What are your main reasons for leaving?
  • What was your biggest fear or concern about purchasing from us?
  • What is the problem that the product/service helped to solve for you?
  • What problems did you encounter while using our [product]?
  • How easy did we make it to solve your problem?
  • What is your greatest concern about [product]?
  • Have you started using other similar products? If yes, what made you choose that product?

To Perform Pricing Analysis

  • Would you purchase the product at [price]
  • According to you, what should be the ideal price of the [product name]?
  • Is our product pricing clear?
  • According to you, what is the ideal price range for the product?

To Collect Feedback on Website Copy

  • Please rate the website based on the following aspects:
  • How well does the website meet your needs?
  • Was the information easy to find?
  • Was the information clearly presented?
  • What other information should we provide on our website?
  • How can we make the site easier to use?
  • What could we do to make this site more useful?
  • Is there anything on this site that doesn’t work the way you expected it to?
  • How easy was it to find the information you were looking for?
  • Have feedback or an idea? Leave it here!
  • Help us make the product better. Please leave your feedback.

To Assess Website/Product Usability

  • Are you satisfied with the website layout?
  • What features do you think are missing on our website?
  • What features do you not like on our website?
  • Was our website navigation simple and user-friendly?
  • How much time did it take to find what you were looking for on our website?
  • Was it easy to find the products you are looking for?
  • Was the payment process convenient?

To Uncover Market Trends and Industry Insights

  • Did you purchase our product out of peer influence or individual preference?
  • How do you form your opinion about our product?
  • Do you follow trends of the product, or do you prefer to go with what you know?
  • Do discounts or incentives impact your decision-making process?

Market Research Survey Templates

One of the easiest ways to conduct market research is to use survey templates. They can help you save time and effort in creating your own market research surveys.

There are many types of market research survey templates available, depending on your objectives and target audience. Some of the most popular ones are:

  • Demographic Templates: These templates help you segment your customers based on their location. It can help you tailor your marketing strategies and offers to different customer groups.

market research questions for new business

  • Consumer Behavior Templates: These templates help you keep your pulse on your target market.

Industry Insights Templates: These templates help you get detailed information about your target industry and business.

market research questions for new business

Case Study:

Check out how AWA Digital increased revenue per customer for Avis by understanding the market and promoting add-on products.

market research questions for new business

Read Full Story Here

Breakdown of Different Market Research Questions

The answer choices in a market research survey question can significantly impact the quality and reliability of the response data you collect from the audience.

Some answer types help categorize the audience, while others measure their satisfaction or agreement. 

So, before listing the customer research survey questions to ask your target audience, let’s understand their types:

Multiple Choice

A multiple-choice question type lets users select more than one answer from the given options. These questions are great for collecting multiple data sets using the same question and gauging people’s preferences, opinions, and suggestions .

market research questions for new business

Single Choice

In a single-choice question, the respondent can select only one answer from the given options. This question type is great for:

  • Segregating the users.
  • Prioritizing product updates based on user consensus.
  • Disqualifying irrelevant respondents by placing the question at the start of your customer research survey.

market research questions for new business

Matrix Match

A matrix matching grid can combine multiple market research questions into one to make the survey shorter . There is only one condition – the individual questions should have the same response anchors as shown in the image below:

market research questions for new business

The questions are arranged in rows while the answer options occupy the grid columns.

Ranking Question

A ranking question can help map customers’ preferences and set priorities for product development . This question type asks the respondent to arrange the given options in their decreasing/increasing preference.

market research questions for new business

Dichotomous

A dichotomous question poses a simple yes or no scenario to the respondent. These question types can help disqualify irrelevant people from the survey and categorize the users into two groups .

market research questions for new business

Likert Scale

Likert scale market research questions can help you measure the extent of respondents’ agreement/disagreement with the given statement . The answer options are arranged from positive to negative sentiments or vice-versa, with the neutral option in the middle.

market research questions for new business

There are two types of Likert scales: 5-point and 7-point .

Open-ended market questions let you explore the respondents’ minds without adding any restrictions to the answer . This question type is followed by a blank space for the respondent to add a free-text response.

market research questions for new business

You can add an open-ended question as a follow-up after the first question to explore the reasons for the customer’s previous answer. It also lets you collect more in-depth information about their issues, pain points, and delights.

Tools like Qualaroo offer tons of different question types for your surveys. Just pick the question and match its answer option type from the drop-down. To make it more effective, you can add branching to the survey.

How to Write Your Marketing Research Questions

It’s imperative to have a dedicated repository of market research questions for your surveys. But nothing’s better than crafting your questions.

For this, you need to sit with your team and discuss what information you require from the customers. It lets you analyze and document how much data you already have in your system, which can help set the market research scope.

We have listed some questions you need to ask yourself before asking market research questions to your potential customers or target market:

Audience Segmentation Questions

Audience segmentation questions help to size up your target market and provide a granular view of the audience . Not all customers are equal, and audience segmentation makes it possible to focus on each group individually to address their issues, fears, and expectations.

market research questions for new business

Here’s what you need to know before you start writing customer research survey questions to understand your audience:

  • Do we understand the demographics of the new market we are trying to target? (Age, location, ethnicity, education, company, annual income, etc.)
  • What are the locations that drive the most customers to our business? How are these locations different from others?
  • What are the interests, preferences, and fears of people from our new target market? Have we addressed these situations for our current customer base?
  • What are the psychographics attributes of the current customers and potential market? Are we targeting these in our campaigns?
  • What are the most popular engagement channels for our customers? Which channels drive the most traffic to our website?
  • Do we have enough data to perform value segmentation to separate high-value customers from low-value customers? 
  • How often do these high-value customers make a purchase?

Product-Based Market Research Questions

Product-based market research questions can produce precious insights to channel into your product development and optimization strategies . You can see how changing technology affects customers’ behavior, what new features they want to see in your product, and how they perceive your products and services over the competition.

market research questions for new business

Start by gathering information about the following:

  • How does our product compare to the competition based on the features?
  • What products do our competitors offer?
  • What new features do customers want to see in our products? Do we have a product roadmap to deliver these updates?
  • What unique solutions do our products offer? What is the value proposition that reflects this offering?
  • Does our product incorporate the latest technological advancements?
  • What channels do we use to collect product feedback from our users?
  • What are customers’ preferences while choosing our products over competitors?

Pricing Market Research Questions

Pricing analysis can help you make your product more affordable to different customer segments while maintaining the desired gross margin. It also lets you restructure the pricing tiers to provide features depending on the customers’ requirements and company size .

Watch: (1/5) Supercharge Your Revenue With Data-Driven Pricing

Your sales and marketing team can help you hone in on the market research questions to ask your customers for running pricing analysis:

  • Do the customers ever complain about the difficulty in finding the pricing information?
  • What is the pricing structure of our competitors for the same products? What features do they include for a specific price?
  • How do customers find our pricing when compared to the competitors?
  • Do our products provide value for money to the customers? Does the sales pitch reflect this point?
  • Can we restructure the pricing, and how will it affect the revenue?
  • Are there any customer segments that have high-value potential but find the current pricing unaffordable? What are the plans for such customers?
  • Are we in a situation to offer a basic free plan to encourage customers to try our product before upgrading?
  • What promotions can we run to attract more customers?
  • Should we target customers based on income, company size, or type of solution to set our product prices?

Brand Reputation Market Research Questions

A brand reputation questionnaire for marketing research gives you information on how well your target market knows about your brand. You can uncover previously unidentified channels to increase brand awareness and find potential customers to promote your brand .

market research questions for new business

Start by gauging what customers are saying about your brand:

  • Which channels receive mentions of our brand? Are these posts positive or negative?
  • Do we have a system in place to analyze and monitor these reviews and posts?
  • What are the reviews of our brand on different sites? What is the overall impression of our brand in the market?
  • How are we currently addressing the negative reviews and complaints? What do our customers think about the handling process?
  • What is the impression of our brand in our target market?
  • What brand awareness campaigns are our competitors running?
  • Is our brand among the top choices of our target customers?

Advertisement & Campaign-Based Questions

These customer research survey questions let you assess the effectiveness of your current value propositions and campaigns . You can channel the customer insights into your advertising strategies to design targeted campaigns for different customer segments to reduce the overall acquisition cost and increase conversions.

market research questions for new business

Ask the following questions to collect information about the different marketing campaigns that are performing:

  • What are the best modes to run the advertisement campaigns to reach our target audience?
  • What is the estimated lifetime value of customers acquired from current campaigns? Is it higher or lower than the acquisition costs?
  • Which campaigns bring the most ROI and why?
  • How well do our advertisements present our value proposition to the customers? Do they address customers’ fears and expectations to attract them?
  • Are we running A/B tests to improve our online campaigns? How are we gathering data to build the A/B test hypotheses – surveys, heatmaps, eye tracking, etc.?
  • What advertisement campaigns do our competitors run?

7 Question Types to Use in Market Research Surveys

We mentioned earlier that market research questions provide important data for different operations like product development, marketing campaigns, sales pipeline and more.

But to what extent?

Let’s break it down to individual processes and understand how insights from customer research surveys can impact them:

To Know Your Target Market

Understanding your target audience is the fundamental aspect of market research, be it a new target market or existing customers. If you know what marketing research survey questions to ask your target market, you can identify different customer types’ unique traits and preferences.

market research questions for new business

The data can help you segment the users based on demographic, psychographic, geographic, and other attributes. These include their behavior, purchase preferences, age, location, habits, delights, frustrations, and more.

You can then create various customer personas and fuel your sales strategies to maximize ROI.

Case study – How Avis increased its revenue per customer

Avis, a leading car rental company, was looking to enhance customer experience by offering useful car add-ons like navigation systems, child seats, insurance, etc., to customers with their booking. So, it reached out to AWA Digital to find a way to promote these products and increase their sales.

AWA digital implemented customer research campaigns using targeted surveys to determine which add-ons were popular among the customers and why. 

Using these insights, the team added an interstitial pop-up just before the booking page to show relevant add-ons to the customers.

This simple update dramatically increased the sales of add-on items and helped Avis generate more revenue per customer.

Read the entire case study here .

To Plan the Product Roadmap

A product roadmap is a visual representation of the current status of your product and planned updates over time. It shows a high-level summary of planned activities and priorities for different teams to take the product to the next level. Understanding different types of summary can help you create more effective and concise roadmaps that clearly communicate your vision and strategy.

Steve Jobs famously said – “You’ve got to start with the customer experience and work backward to the technology. You can’t start with the technology then try to figure out where to sell it.”

And market research helps to align your product strategies with the customer demand. Using targeted marketing survey questions, you can gauge what new features or functionality customers want to see in your products.

It helps to plan product development strategies based on customers’ consensus to prioritize the ideas that can have the most impact on customers and replace intuition-based approaches with data-backed decisions.

market research questions for new business

Customers’ demands change with market trends and technological advancements. That’s why your product map also needs to evolve constantly with time to reflect these changes in your product development cycle.

By designing targeted market research questions to ask the customers, you can uncover their expectations to deliver optimal product solutions. 

That’s what our next case study demonstrates.

Case study – How customer research drives Twilio’s operations  

Twilio, a cloud communications platform places customer discovery and research at the core of their product development strategies. It helps its teams to anticipate customer needs in a constantly changing market.

Lack of time and budget are the two biggest challenges that the company faces in its product development cycle. So, the team uses targeted market research questionnaires for a product to understand the challenges the customers face today and the ones they will face tomorrow. 

market research questions for new business

With an abundance of ideas and no time to test them all, the feedback data from surveys is used to prioritize the hypotheses to run the tests. It makes the process more efficient and effective in producing positive results. 

This data-backed approach is used across 18 different teams at Twilio to release new functionality every week and deliver optimal solutions to the clients.

Read the complete case study here .

To Reduce Acquisition Costs

Your customer base consists of multiple customer segments with different preferences and purchase potential. That’s why you cannot sell to everyone and need to find the right audience for your products.

If an acquired customer doesn’t bring in more revenue than it costs to acquire them, it will increase your acquisition costs over time.

We don’t want that, do we?

For example, let’s say you are targeting the entire market population using the same campaign. If your acquisition cost per customer is $300 and you acquire 20 customers from one campaign, you need to make more than $6000 to register profits.

The difficulty is you don’t know about these customers’ purchase behavior and capacity, so you cannot be sure if you will reach your goals. It adds unnecessary risks to your marketing ventures.

But, if you were targeting a specific segment with high income, regular shopping habits, or proven history of brand loyalty, You can obtain better results.

Now, the question is – 

How will you separate these potential long-term customers from one-time buyers and high-value targets from other segments?

One way to do this is by building customer personas using the data from the market research survey questions. A buyer persona defines different attributes of a particular customer segment so you can hone in on the right audience to funnel your marketing efforts.

Here’s what a typical persona includes:

  • Target regions
  • Target demographic (age, marital status, gender)
  • Ideal psychographics (hobbies, social channels, activities they indulge in, goals)
  • Preferred interaction channels
  • Favorite brands and products
  • Total revenue till date
  • Estimated lifetime value

market research questions for new business

Once you have a clearer picture of different customers, you can find high-value prospects with the potential to be long-term customers looking for product solutions that your business offers. 

You can then design the correct pitch using the market research data to bring in these customers and control the overall acquisition costs.

For example:

  • Plugin the demographic and psychographic data into CRM software like BIGContacts or Salesforce to convert high-value targets.
  • Use your CRM to create segmented lists of prospects based on estimated value, location, current status, and more. Then target these groups individually with personalized value propositions to increase conversion rates.
  • Identify their preferred mode of communication and technographic inclinations to find the right opportunities to pitch your product offering at the precise moment.

Even if acquiring and retaining such customers costs more, their overall revenue can balance the acquisition costs to deliver higher profits.

To Design Targeted Marketing Campaigns

By knowing how your target audience behaves and interacts with your business, you can find the exact opportunities to target them with personalized campaigns.

market research questions for new business

  • You can use mail campaigns to target website users with app-exclusive offers to encourage them to download your app and improve app adoption.
  • Add in-app broadcast messages about upcoming offers, exclusive membership benefits, and other incentives for new users to push them towards the end of the funnel.
  • Create multiple landing pages to target different customer types.
  • Design location-based ad campaigns with personalized value propositions based on audience preferences and problems at each location. 

Case Study – How Canon’s campaigns generated 700% ROI

AWA digital was tasked by Canon, one of the biggest electronics companies worldwide, to assess and increase the demand for their products in different geographies. So, the AWA team conducted customer research using target market survey questions and discovered the following attributes about customers’ purchase behavior and reservations:

  • In some regions, people were reluctant to spend money on a Canon camera as they weren’t sure if Canon was an authoritative brand.
  • In other regions, authority was not as important to the users.

Using these insights, AWA optimized the ads campaigns’ messaging for different locations to include what consumers deemed important purchase factors.

The results?

With in-depth customer feedback, Canon generated an overall ROI of 700% in all regions using personalized campaigns to target the audience.

To Improve Brand Awareness

Whether you are into soft drinks or not, You probably would have heard of Coca-Cola’s 2011 Share-A-Coke ad. This single campaign put the Coke brand back on the map and reversed the 10-year steady decline in sales in the US.  

Coke understood what motivates their customers and delivered a product offering that appealed to the masses to increase its brand equity- the excitement to get a Coca-Cola bottle with their name on it.

How did they do it?

In 2011, Coca-Cola rolled out its share-a-coke campaign in Australia. The company debranded the traditional Coke logo from the bottle and replaced it with the phrase “Share a Coke with” followed by a name.

market research questions for new business

The campaign used the list of the country’s most popular names (nicknames). The purpose was to make people go out and find the Coke bottle with their name on it and share it with their friends. The campaign was subsequently rolled out in 80 countries.

How did it impact Coca-Cola as a brand:

  • In Australia, it’s estimated that the campaign increased Coke’s share by 4% and increased consumption among young adults by 7%.
  • #ShareACoke became the top trending hashtag on Twitter globally and received over 1 billion impressions.
  • In the USA, the campaign increased Coke’s market share by over 2% and brought 11% more sales compared to the previous year.

It’s not limited to big brands only.  

Understanding the customers and placing your product’s value offering along with their habits, lifestyle, and behavior can help you extend your brand’s reach.

Today, there are multiple touchpoints to connect with your customers and map their journey to uncover their issues, motivations, and fears to address in your campaigns.

  • Monitor brand mentions on social media and engage with the users to cultivate an online community and promote your brand.
  • Reach out to satisfied customers and turn them into your brand ambassadors.
  • Use targeted ad campaigns that connect people’s emotions and general behavior to imprint your brand’s image in their minds.

Quick Tips for Writing Awesome Market Research Survey Questions

With the inter-team research complete, you are ready to write your own market research questions to ask your target audience. Keep these general dos and don’ts in mind to ensure that the market survey fulfills the purpose without affecting the data quality or response rate.

Use Mutually Exclusive Response Options

If you are using response anchors with specific ranges like age group or income, check that the options do not overlap . Otherwise, it will produce an irregular data set.

Please specify your age:

In the above example, the respondent lying on either extremity of the given age ranges may get confused on which option to choose. For example, a 28-year-old respondent can choose from both second or third options.

Plus, two different respondents of the same age may select different options, which will skew your demographic data.

You can avoid this confusion by creating mutually exclusive groups as shown below:

Always Add A “Not Applicable” Or “Rather Not Say” Option

Since market research questions extract personal information, some respondents may not want to share such details with you. These include questions about age, income, gender, hobbies, social activities, and more.

market research questions for new business

Forcing such questions on the customers without allowing them to skip can irate them and lead to survey abandonment .

That’s why you can also use Qualaroo’s skip and branching logic to create smart surveys that only ask relevant questions to your respondents based on their previous answers.

Calculate the Required Sample Size

Sample size plays a vital role in your market research questions to determine the reliability of your response data.

If the response volume is low, the results may not be conclusive to point towards customers’ consensus. On the other hand, a larger sample size than required means a waste of the company’s valuable resources and time.

That’s why it’s important to calculate the required sample size to estimate the number of responses you need for your market research survey questions.

You can use any survey sample size calculator available online to get started. Just fill in the required details to get the required sample size.

market research questions for new business

For example, to reach a statistical significance of 99%, you need at least 3145 responses to your market research questionnaire.

Consider Adding Incentives

Studies show that incentivized customer research surveys or questionnaires fetch higher response rates than general surveys.

market research questions for new business

The incentives encourage customers to invest their time in a survey and get something in return.

It means creating a gated questionnaire for market research can help you reach the required sample size quickly . The incentive can be a simple discount code, free shipping coupon, free ebook, or other freebies.

market research questions for new business

However, there is a possibility that irrelevant respondents may fill out the survey randomly just to get to the offer, which may skew the results. You can use screening questions to filter out unsuitable respondents.

Avoid Double-Barreled Market Research Questions

A double-barreled question poses two questions into one. The problem with such questions is that the respondent may have opposing views about the two statements in the questions. It makes it harder for them to choose one answer from the options .

“Please rate the [product name] on a scale of 1-10 based on overall quality and price?”

Here, the respondent may find the product quality appreciable while thinking it to be overpriced at the same time. In such a case, they may skip the question or select any option randomly.

You can easily sidestep this hurdle by breaking your double-barreled market research question into two to make it less confusing for the respondents.

Importance of Market Research

We mentioned earlier that market research questions provide important data for different operations like product development, marketing campaigns, sales pipeline, and more.

Understanding your target audience is the fundamental aspect of market research, be it a new target market or existing customers. If you know what customer research survey questions to ask your target market, you can identify different customer types’ unique traits and preferences.

market research questions for new business

AWA Digital implemented research campaigns using targeted customer research surveys to determine which add-ons were popular among the customers and why.

Case study – How customer research drives Twilio’s operations

Twilio, a cloud communications platform, places customer discovery and research at the core of its product development strategies. It helps its teams to anticipate customer needs in a constantly changing market.

Lack of time and budget are the two biggest challenges that the company faces in its product development cycle. So, the team uses targeted market research questionnaires for a product to understand the challenges the customers face today and the ones they will face tomorrow.

market research questions for new business

With an abundance of ideas and no time to test them all, the feedback data from customer research surveys is used to prioritize the hypotheses to run the tests. It makes the process more efficient and effective in producing positive results.

AWA Digital was tasked by Canon, one of the biggest electronics companies worldwide, to assess and increase the demand for their products in different geographies. So, the AWA team conducted a customer research survey using target market questions and discovered the following attributes about customers’ purchase behavior and reservations:

  • In other regions, authority was not so important to the users.

Whether you are into soft drinks or not, you probably would have heard of Coca-Cola’s 2011 Share-A-Coke ad. This single campaign put the Coke brand back on the map and reversed the 10-year steady decline in sales in the US.  

Coke understood what motivates its customers and delivered a product offering that appealed to the masses to increase its brand equity- the excitement to get a Coca-Cola bottle with its name on it.

market research questions for new business

  • In Australia, it’s estimated that the campaign increased Coke’s share by 4% and consumption among young adults by 7%.

It’s not limited to big brands only. 

Market Research: A Key to Your Business’ Success

Market research is a vital process for any business wanting to understand its customers and market better. By asking the right questions and using the right tools like Qualaroo, you can gain valuable insights that can help you improve your products or services, enhance your customer experiences, and grow your business.

In this blog, we have shared some of the best market research questions to ask your customers, as well as some of the best customer research survey templates to find market trends and industry insights. We hope that this blog has helped you learn more about market research and how to conduct it effectively.

About the author

Dwayne Charrington

Dwayne Charrington is an expert writer in customer feedback management, UX design, and user research. He helps businesses understand user intent and enhance the customer experience. Dwayne covers feedback management, lead generation, survey accessibility, and the impact of AI and VR on user interaction. He shares insights on creating effective surveys, improving navigation, and using A/B testing for smarter decisions. Additionally, he focuses on optimizing mobile experiences and champions privacy-by-design, ensuring users feel satisfied, secure, and valued.

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100+ Market Research Questions To Ask Your Target Audience

blog author

Kate Williams

Last Updated: 22 August 2024

21 min read

best market research questions to ask

Table Of Contents

  • 100+ Market Research Questions
  • For a New Product
  • For New Business
  • For Competitive Analysis
  • For Existing Customers
  • For Customer Service
  • For Startups
  • For Potential Customers
  • For Cosmetics
  • For Restaurants
  • For B2B Business
  • For Food Products

Before we learn about market research questions , how about a coke?

Coca-Cola, from classic coke to their famous diet Coke, is a success. No doubt. But they’ve had their share of failures too.

One of these failures happened because of poor market research. Coca-Cola’s highly ambitious product, C2 , which was half regular and half diet coke, tanked badly, as they didn’t ask the right questions to the right audience during market research.

According to the Coca-Cola market research surveys , Coca-Cola lost upwards of $50 million on C2, and we don’t want something similar happening to one of your products. That’s why we focus on market research questions that’ll get the right responses to scale your business to better heights. 

Here’s a snippet of what we’ll further discuss in this article.

  • What are market research questions
  • 100+ Market research questions
  • How to write market research questions
  • Benefits of market research questions
  • Tools for conducting market research

What are Market Research Questions?

The main intent of market research is to understand customers and competitors, but ultimately, the market as a whole. This is done by asking the right set of questions. These are what market research questions are. 

There are three main types of survey questions that are used in market research to acquire relevant and precise data. They are as follows. 

  • Demographic - These gather all the basic information about the customers.
  • Behavioral - These questions explore how customers interact with products/services.
  • Psychographic - These shine a light on the interests, attitudes, and lifestyles of the respondents. 

If you are interested in understanding a bit more about what a market research survey might look like, here is something for you. The following is a sample template from SurveySparrow. 

Product Market Research Survey

Preview Template

Product Market Research Survey

There are more such (1000+) templates available with SurveySparrow - all for free. You just have to sign up (also, for free). 

100+Market Research Survey Questions to Use

Here we are now – the 100+ most effective market research questions that deliver outstanding results when used in research surveys. We’ve split these questions into eleven categories so you can pick the right ones at the right time.

  • New Product Survey Questions
  • New Business Survey Questions
  • Competition Analysis Survey Questions

Questions For Your Existing Customers

Questions to improve customer service, market research questions for startups, marketing survey questions for customers, marketing research survey questionnaire on cosmetics, restaurant market research survey questions, b2b market research questions, market research questions for food products.

These marketing research questions can be open-ended , multiple-choice, or scale-based questions as per your data requirements.

Did you know  that you can now generate an entire survey from scratch within seconds? Yes, you heard it right!

SurveySparrow now offers an AI feature that allows you to create tailored surveys from scratch and that too within seconds. Just add in your prompt and the tool will do the rest.

Here's a sneak peek into how the feature works. 

Create Market Research Surveys with AI

Market Research Questions for a New Product

A new product launch is where most market research happens. As exciting as it sounds, it can cause a massive failure if the new product ain’t what the target audience wants it to be.

To understand that, here are market research survey questions you can ask.

  • How excited are you about our upcoming product? Would you be willing to test it?
  • Is the product solving your problem accurately?
  • What change do you wish to bring to this product?
  • If given the responsibility, how would you go about promoting it?
  • How much would the competitors charge for a product like this?
  • On a scale of 1 to 10, how likely are you to purchase this product once it’s available?
  • What features or benefits of the product stand out the most to you?
  • Do you have any concerns or hesitations about the product?
  • In comparison to products you currently use or are familiar with, how does our product fare?
  • Which marketing channels (e.g., social media, email, TV, etc.) would you most likely notice information about this product?

Market Research Questions for New Business

market research questions

When you’re about to enter a new business or market opportunity, it always works well, too.

  • Research the audience you’ll target
  • The competition you’ll face
  • The market size of this new opportunity
  • The buying behavior of your target group

These are examples of market research questions for new businesses.

  • Who are the groups or groups that’ll buy from us?
  • How big is the market for this opportunity? Will it sustain or shrink in the long run?
  • How can we capitalize on customers’ buying habits/behaviors in this market??
  • How are our direct or indirect competitors doing their business in this market?
  • What are the problems we’ll solve for our target groups here?
  • What differentiates our business or offering from existing competitors in the market?
  • Which marketing channels most effectively reach our target audience in this new market?
  • Are there any cultural, regional, or demographic factors we should know when entering this market?
  • What regulatory or compliance challenges might we face in this specific market?
  • How open is the target audience to trying a new product or service in this category?

Competitive Analysis Questions

Let’s face it. Whatever your business is, there are competitors. Some are big, some are small, but competition is there, and when you’re keeping tabs on them by asking the right market research questions from your teams and customers, you stay ahead of the curve!

Here are some good market research questions for competition analysis.

  • What do you like the most about our (competitor’s name) product?
  • Are you content with their product pricing?
  • Where do you think our brand stands compared to (competitor’s name)?
  • Do you like the way they market and advertise their products?
  • What sets (competitor’s name) apart? Is it their product, service, user experience, content, or anything else?
  • Which features or benefits of (competitor’s name) do you wish our product/service offered?
  • Have you ever experienced any issues or challenges with (competitor’s name) product/service?
  • How do you perceive the customer service or support provided by (competitor’s name)?
  • If you could change one thing about (competitor’s name) offering, what would it be?
  • How often do you consider switching from (competitor’s name) to another brand or solution? What would motivate that switch?

When you and your teams are working on a new product or service or want to bring changes to the existing ones, it’s always best to know your customer’s opinions about it because you want to deliver what they want and the changes that’ll take their satisfaction levels with your brand to the next level.

Check out these research questions for your customers.

  • What changes would improve our product for you?
  • Are you facing any consistent issues where you think we can help?
  • Do you think our services can improve? If so, we would love to know how.
  • Would you buy our products/services at a higher price if we added additional features to them?
  • How can we improve our products to enhance your overall experience?
  • How would you rate your overall satisfaction with our product/service on a scale from 1-10?
  • If you’ve contacted our customer support, how was your experience, and what can we do better?
  • Are there other products or services you wish we offered?
  • How frequently do you use our product/service, and are there any challenges during its use?
  • What’s the one thing you love the most about our product/service and one thing you dislike?

If you thought market research and market research questions were only about new products, new business opportunities, insights from existing customers, and competitor analysis, think again!

Market research has always been about improving according to your customers, target audience, and employee insights. Your customer experience always needs review and timely improvements, and a market research survey backed with the right market research questions would help you big time here.

So, let’s look at some examples of research questions that you can ask about your customer service.

  • After raising your query, how much time did our customer service representative take to reply?
  • Did our customer service representative directly give you the solution or explain why the issue occurred in the first place?
  • How convenient is it for you to reach our customer representative and head?
  • Do you wish our customer service team to be available on any other channels apart from the ones they are?
  • Do you get consistent customer experience on all channels from our service team?
  • On a scale of 1 to 10, how would you rate your overall experience with our customer service team?
  • Were our customer service representatives friendly and empathetic to your concerns?
  • Did you feel like our team valued your time and was efficient in their assistance?
  • Would you say that the solution provided was satisfactory and met your expectations?
  • How likely are you to contact our customer service again for future queries or concerns?

Now that you are familiar with market research questions, why not design a survey seamlessly using our ready-to-use templates?

Register below with your email for free access.

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The digital world has opened up possibilities for new products and services, thereby giving inceptions to startups. However, in order for any startup to survive in this cutthroat market, it has to provide something unique…something the customers are willing to pay. 

How can you know that? Well, try including the following questions in your market research and understand what your customers’ pain points are

  • What is the one pain point that really gets you frustrated?
  • Is anyone offering solutions to tackle your challenges?
  • If we were to provide you with a solution, what’s the specific feature you want to see?
  • What’s your primary source for finding new products/services?
  • How likely are you to switch from your current provider to ours if we provide better solutions?
  • What are your main concerns when purchasing from a startup?
  • What are the factors that influence you to try new products/services?
  • How can we improve/optimize our offerings for a greater customer experience?

These questions are more tailored to understand exactly what your potential customers' preferences and expectations are. Understanding this would help you improve your offerings and attract more customers. 

Here are some questions you can ask. 

  • What are the factors that influence your purchase decisions?
  • How did you first hear about us?
  • What motivated you to try out our products/services?
  • How satisfied are you with our products/services?
  • Do you follow us on any of our social media accounts?
  • What additional features do you want to see in our products/services?
  • How would you rate your interactions with our customer service representatives?
  • What motivated you to switch brands?
  • On a scale of 0-10, how likely are you to purchase from us again?
  • How do you perceive our pricing compared to others? 

This questionnaire delves into the cosmetics industry, exploring why customers choose one product or brand over another. It can also offer insight into consumer behavior and new ideas for products.

  • How often do you buy cosmetics products?
  • Rank the following cosmetics products to your importance.
  • What are the factors that influence you when choosing a brand?
  • Is brand reputation important when choosing a product?
  • What are your top concerns when it comes to selecting a cosmetics product?
  • What packaging factors are important to you?
  • How likely are you to try out new cosmetics brands?
  • How do you feel about sustainability practices in cosmetics products?
  • What kind of promotions attract you?
  • Where do you typically purchase cosmetics products from?
  • How satisfied are you with the variety of cosmetic products currently available in the market?

As the heading indicates, this set of questions is tailored for restaurants. Restaurant owners can collect customer feedback on their preferences, dining habits, interests, and more. 

Here are some tailored questions for you. 

  • How do you dine out at restaurants?
  • What are the factors that influence your decision to choose restaurants?
  • What type of cuisine do you prefer when dining at a restaurant?
  • Does ambiance play a role when choosing a restaurant?
  • What prompts you to try out a new restaurant?
  • How do you find new restaurants to dine at?
  • Which restaurant you visited recently offered the best experience?
  • Does parking experience play a role when choosing a restaurant?
  • How would you rate the pricing at our restaurant compared to others?
  • How likely are you to recommend us to your family and friends?  

Market Survey Questionnaire Sample

These are general questions asked during market research to measure customer satisfaction, loyalty, and expectations. 

Some questions are - 

  • How satisfied are you with the current products/services we provide?
  • What do you value the most in our offerings?
  • What’s your major consideration when choosing a product/service?
  • How can we improve your experience with us?
  • How would you rate the quality of our customer service?
  • What prompted you to choose us over others?
  • How much are you willing to spend on this product/service?
  • How often do you use our product/service?
  • How do you prefer to learn about our new products/services?
  • What’s your perception of our brand compared to those of our competitors?
  • How likely are you to recommend us to your friends and family?

This questionnaire focuses on understanding business clients rather than general customers. As you can see, these will be very helpful for B2B companies in improving their offerings and attracting more clients. 

  • What are the challenges your business currently faces that need to be addressed immediately?
  • How satisfied are you with the solutions we provided?
  • What are the factors you look into when choosing a vendor?
  • On a scale of 1-5, how satisfied are you with the current vendors?
  • What’s your preferred channel of communication with vendors?
  • What additional products/services would you like to see from us?
  • What trends do you see impacting your industry in the coming years?
  • How do you measure your success with a particular vendor?

You can use this set of questions if you want insights into consumer preferences, diet habits, attitudes towards food products, and so on. 

Here are the questions you can ask. 

  • Are there any dietary habits or restrictions you currently follow?
  • How often do you purchase food products?
  • What kind of food products do you purchase often?
  • What are the factors that influence choosing a food product brand?
  • How likely are you to try out new food products?
  • How do you feel about the nutritional information provided on the packaging?
  • How do you find new food products to try out?

How to Write Market Research Questions

Here are ten tested tips to create a perfect market research survey that gets results. Make full use of it.To create the perfect market research survey:

  • Define the problem you’ll solve with it.  Don’t just conduct market research, hoping to get actionable data.
  • Select the right target group. You do not want to collect irrelevant data that’s of no use. So, for a particular problem, select the right people.
  • Know your sample size . Whether your method is cluster sampling , quotas , systematic sampling, or purposive sampling , figure out the number of survey responses you’ll need for reliable data and keep a safety margin for half-filled or not-responded surveys.
  • Select focused questions . Use these twenty-five questions the best you can. You can also check out our go-to guide on how to write better survey questions .
  • Use interactive question types – like voice notes, image choice, video backgrounds, and graphical sliders. This will massively increase your response rates.
  • Give incentives like free e-books gift cards. This can give respondents the extra encouragement they need to complete the survey.
  • Keep it conversational . Market research surveys work when they are treated with the same care and warmth as a conversation. So, build that trust with the tone of your questions.
  • Don’t send the survey to all the respondents at once . Send it to a small batch first. Analyze how they answer, make changes if needed, and then go for the full-scale market research.
  • Set times for reminders . You don’t want to speed up at the wrong time.
  • And last, give enough time for analysis. Specific survey tools can save time with auto-generated survey reports that you can customize.

8 Benefits of Market Research: What Makes it So Important?

While we were explaining market research and market research questions, we mentioned one of its biggest benefits too. The benefit that makes it absolutely important for any business is gunning for long-term and sustained growth.

Guessed it? Well, it’s the benefit of getting rich insights from your target audience. But that’s not the only benefit.

Yes, market research offers a lot more than you can think of. And it’s time we discuss them one by one.

#1. Know Your Business Better

When you get customer and target market feedback about a product or service, you see the difference between your and your customer’s opinions. Observing this difference allows you to bridge that down by aligning the new or existing product based on their wants.

So, when you use the right market research questions in your survey, you get to observe your company through the target audience’s lens, allowing you to better understand the business and its goals.

#2. Get More Business Opportunities

While conducting a market research survey, you often find or realize a new opportunity or avenue where the company can thrive. This realization comes when you analyze the collected survey data and see your target market’s interest in this new opportunity.

#3. Discover New Customer Segments To Target

“The product has come out well. I want to use it, and I think the Genz’s would like it too.”

If the answer to one of your market research questions is something like this, you and your teams know they have a new customer segment to target. That’s a powerful benefit of conducting a well-planned market research survey that contains the right questions.

#4. Massively Reduce The Risk Of Failing

With market research or market research surveys, you don’t just get to know the insights and opinions of your target audience on a certain product, you also come to understand areas where it’s severely lacking and can cause a failure if not duly addressed.

Also, with a few well-crafted market research questions, you get to know the areas where your business is lacking. And if you’re working on those, the chances of your business going under are reduced massively.

#5. Understand Where And How To Market

By using the right market research questions in your surveys, you understand where and how your customers and target group want your teams to market a product.

Give your survey respondents the freedom to express themselves, and you’ll get gold out of your market research. Believe us on that!

#6. Track Your Competition

While conducting market research, you can’t forget about your competitors. As a leader, you need to stay on top of proceedings regarding your competitors and their products. 

Your teams need to have answers to questions like what new they are bringing, what their new campaign is like, what they are focusing on at the moment, and many more.

What better way to do that than to ask these subtly by including the right market research questions? Trust us; you’ll get massive information about your competition with these surveys, allowing you to pivot and do better.

#7. Identify New Trends

Scanning the internet for new trends is an absolutely time-consuming process. You can replace that with market research and market research surveys to stay updated and well-informed on what your customers want. Analyzing new trends can be done successfully with  digital marketing training.  The process of obtaining information becomes effective.

If not anything, it’ll save your teams a lot of time, which they can use for other important tasks.

#8. Predict The Future

To sum up all the benefits we’ve mentioned, you’ll be able to predict the future of your products, services, and even your business after knowing your customer’s insights and opinions on it. That’ll give you the chance and the freedom to bring the right changes at the right time. Ain’t that impressive?

Reliable Tools for Conducting Market Research

You now know the twenty-five top market research questions to include. But how can you add these questions to a market research survey and send it? What are the different tools you could use for it?

If you have these questions, with no further ado, get your answers here.

A Full-Action Survey Software

There is nothing better than using survey software to conduct market research surveys. Period. But why? Well, survey software is the best way to gather reliable information quickly from your customers and employees about your existing or new products. 

These surveys would give clarity about your potential and target customers and buyer persona, and the solid feedback you’ll receive will help you strategize and do better eventually.

If you’re looking to use survey software for your research surveys, look no further than SurveySparrow. This Typeform alternative allows you to create engaging forms and surveys with no hassle. These surveys are conversational, easy to use, and completely secure. 

More importantly, it offers features like likert scale questions , interactive dashboards, customization, embedded surveys, recurring surveys, and so much more. And you can use all these features in the 14-Day free trial itself.

Our friendly suggestion: Don’t miss out on this!

Chatbots for the Website

Chatbots are the future of market research, no doubt on that. As per a study, by 2024, the global market for chatbots is projected to be over $994 million. That’s some number! Thousands of brands are implementing or have implemented chatbots in their everyday business task. 

From doing market research to tracking and answering customer’s queries, chatbots are everywhere.

Do you know what’s the best thing about a chatbot? It’s that it makes a customer’s or employee’s journey more enjoyable, as the conversations are natural and human-like. 

In addition, a chatbot will always ask a follow-up question to your customers just like a human mostly does. And this helps in market research. 

How? By making sure you and your teams are always up to date about what your customers want and what their expectations are from your products, services, and support.

SurveySparrow’s no-code Feedbot is made to gather insightful market data with no programming knowledge. Deloitte Digital , a San Francisco-based marketing and advertising company, de-cluttered its data collection process using SurveySparrow’s Feedlot.  

The company was facing challenges while collecting market data with the paper questionnaire format. However, the chat-like experience and interactive UI of Feedbot helped them gather 804 survey responses out of 1200 surveyed people. That’s a 67% completion rate. Market research conducted most profitably, isn’t it?

360 Degree Feedback Software

You can spend all your dollars on your customers to make them stay, but without your employees’ efforts, it just won’t happen. When we talk about market research, the first thing that comes in our mind is the customers. 

We want to conduct market research to gain knowledge about customer preferences, insights, and opinions. But, what about employee research to find their satisfaction levels?

In recent times, employee satisfaction and experience have both become popular and crucial topics. Because, no matter the industry, people like to do business with other people. And satisfied employees are the most real, and simple people to attract customers and keep them engaged.

That’s why it’s important to use a 360-degree feedback tool like SurveySparrow’s 360-degree feedback solution . With this, you can conduct an employee assessment (research) to increase their satisfaction levels and drive growth. 

Trust us, you need to conduct such assessments, especially in this new normal.

Let’s Begin!

There you have it, then. You now know the benefits of market research, twenty-five different questions to include in the market research survey, tools to conduct these surveys, and, as a bonus, highly effective tips to create the perfect market research survey.

The only thing that’s left now is for you to use these questions and start conducting market research surveys. SurveySparrow and its marketing experience solution can make this process a lot easier, effective, and the least time-consuming for you and your teams. 

So, check it out, and we’re just this click away if you need help. Waiting to hear from you. Au revoir!

blog author image

Product Marketing Manager at SurveySparrow

Excels in empowering visionary companies through storytelling and strategic go-to-market planning. With extensive experience in product marketing and customer experience management, she is an accomplished author, podcast host, and mentor, sharing her expertise across diverse platforms and audiences.

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63 Insightful Market Research Questions to Ask in 2023

Better understand your target customer with these must-ask questions.

market research questions for new business

Understanding your target market, and how they respond to your product, is the key to successful promotional campaigns. Even if you feel like you understand your market perfectly, markets do change over time. Your customers’ opinions, needs, and wants will change along with current trends in society, politics, pop culture, and other influences. Asking the right market research questions can help you stay on top of your changing market.

The market research questions below will help you understand your market’s most pressing concerns , along with potential pain points.

Market research questions to understand customer demographics and psychology

Aside from basic demographic questions, like age, gender, income, and location, you can create a more specific customer profile. Ask these questions to get to know your customers better:

  • How do you primarily spend your time?
  • In which industry do you work?
  • What kind of hobbies do you regularly participate in?
  • What are your main interests?
  • If money or time were not an issue, what do you prefer to spend money on?
  • What draws you to one brand over another?
  • How do you choose between brands and products? 
  • Who makes the primary purchasing decisions in your household?
  • How many people do you shop for on a regular basis?
  • What’s your preferred method of shopping? Why?
  • What makes you decide to avoid a brand in the future?
  • How do you feel about available products in [your product category]?
  • How often do you shop for [your product category]? 
  • How much do you spend on [product category] on a monthly basis?
  • How do you use [product type] in your everyday life?

Market research questions for new products

If you’re gathering information to create or launch new products, these questions can provide valuable insight:

  • What do you look for when purchasing [new product or service]?
  • What is the most important feature for a [product type]?
  • How does [product type] make your life easier?
  • How often do you use [product type]?
  • Describe how you use [product type].
  • How much would you prefer to spend on a similar product or service?
  • What features would encourage you to pay more for a product or service?
  • Are there any features in [similar product or service] that you wouldn’t use?
  • Do you feel [competing products] are priced fairly?
  • What would convince you to try a new product or service in this category?

Market research questions for pain points

Understanding how your customers are responding to your current offerings, whether product, service, advertising, or customer service, can help you understand where your business can improve. Ask these questions to learn more:

  • When was the last time you purchased from [company]?
  • Describe your experience with your last purchase.
  • Where did we succeed in meeting your expectations?
  • Where did we fail in meeting your expectations?
  • What would make your experience with [product] better?
  • Are there any features you don’t use?
  • What would your ideal product or service include?
  • Have you ever talked to our customer service team?
  • Describe your reason for needing customer service assistance.
  • Describe your experience with our customer service team.
  • Was your issue resolved?
  • How quickly was your issue resolved?
  • Were you satisfied with the outcome?
  • What would have made the experience better?
  • What’s the most difficult part of using our products or services?
  • Do you use our website? How do you use it?
  • Have you experienced any problems contacting us for assistance? What were they?
  • Have you experienced any problems on our website? What were they?

Market research questions for pricing and placement

Understanding how your product pricing and placement compare to those of your competitors can be helpful. Use these questions to refine your pricing and promotional strategies:

  • How much do you currently pay for [product type]?
  • Do you think our product is priced fairly?
  • Have you found [product or service] for less? Did you purchase it? Why or why not?
  • What is a reasonable price range for [product or service]?
  • What is the ideal price for [product or service]?
  • Is [price point] too low or too high for a similar product/service?
  • Have you seen our products in stores before?
  • Where have you seen our products mentioned/placed/advertised?
  • Where would you like to see our products or services mentioned/placed/advertised?

Market research questions for advertising and brand awareness

Advertising, marketing, and branding create an image in your customers’ minds. While brand awareness is its own market research niche, these questions will help you understand how customers perceive your brand and advertising campaigns:

  • Are you familiar with our brand?
  • How did you find our brand/company?
  • Have you ever seen any reviews of our brand/product/company? How did they influence your purchase?
  • Have you ever seen advertisements for our brand/product/company? How did they influence your opinion of us?
  • Who do you think our target customer is?
  • When you think of our brand, how do you feel?
  • Does our advertising and branding accurately reflect your experience with our company?
  • What should potential customers know about our products and services?
  • What do you think our brand/company stands for?
  • Have you ever followed any of our social media channels? Which ones? How do you feel about our social media presence?

Ask the insightful questions with Voiceform

When it’s time to ask the market research questions that will get you the insight you desire, Voiceform will make the process simple. Our feature-rich, innovative multimedia survey platform empowers companies to get the answers they need. From voice and video functions to AI transcription and analysis , this powerful survey platform can help you create, launch and distribute multiple survey types. Learn more about our products today by scheduling a demonstration.

We make collecting, sharing and analyzing data a breeze

Get started for free. Get instant access to Voiceform features that get you amazing data in minutes.

market research questions for new business

68 market research questions to ask (and how to ask them)

Example market research questions, market research questions to ask customers, market research questions for product development, market research questions for brand tracking, pricing survey questions for market research, how to write your own market research questions.

No two market research projects are alike, but happily there are some tried-and-tested questions you can use for inspiration to get the consumer insights you’re looking for.

It’s all about asking questions that are most relevant to the goals of your research. Every so often the best questions are actually quite straightforward, like asking consumers where they do their grocery shopping.

If you’re creating a customer profile, you’ll ask different questions than when you’re running creative testing with your target audience, or getting insights on key consumer trends in your market.

The right market research questions are the ones that will lead you to actionable insights, and give you a competitive advantage in your target market.

Let’s kick this off and get straight into some questions, shall we?

market research questions for new business

Where do we even begin with this?! There are so many types of research and we’ll get into which questions work for each below, but here are some classic example market research questions to get you started.

These particular questions are good for surveys that you might run when you’re running some essential consumer profiling research.

  • Which of these products have you purchased in the last 3 months?
  • Which of the following types of >INSERT YOUR PRODUCT/SERVICE CATEGORY< do you buy at least once a month?
  • Approximately, how much would you say you spend on >INSERT YOUR PRODUCT/SERVICE CATEGORY< per month?
  • What is stopping you from buying more of >INSERT YOUR PRODUCT/SERVICE CATEGORY<?
  • When was the last time you tried a new >INSERT YOUR PRODUCT/SERVICE CATEGORY<?
  • Please rank the following on how important or unimportant they are when deciding which >INSERT PRODUCT CATEGORY< to buy?
  • Which of these brands are you aware of?
  • Which of these brands have you purchased from in the last 3 months?
  • How do you prefer to shop for >INSERT YOUR PRODUCT/SERVICE CATEGORY<?
  • Why do you prefer to shop online?
  • Why do you prefer to shop in-store?
  • Thinking about the following, how often do you use/listen/watch each of these media?
  • Where do you go to keep up to date with the news?
  • Which social media platforms do you use daily?
  • What mobile phone do you currently own?

Surely you want to talk to your current customers to understand why they buy from you and what they think about your products?

Correct! But your consumer research should definitely not end with current customers!

Potential customer in a supermarket

Here’s why you should think about broadening your research to include other groups and different market research methods :

  • Current customers: This is a must! Running research to your current customers will help you understand how you can make your product or service better. These are the people who’ve spent their hard-earned cash on your products so they have a unique perspective on what kind of value you offer. In addition, understanding why your existing customer base chose your brand over others can help you create messaging that resonates with people who are still on the fence.
  • Previous customers: People who used to buy your products but don’t anymore can give you valuable insight into areas you might need to improve. Perhaps your brand perception has shifted making some customers buy elsewhere, or maybe your competitors offer customers better value for money than you currently do. These are the kinds of areas you can learn about by running research to previous customers.
  • Non-customers: You should also ask people who haven’t bought your products why they haven’t. That way you’ll learn what you need to improve to bring new customers in. You should ideally ask the same kinds of questions, so that you can learn about what product features you need to work on but also things like the messaging you should be putting out there to win people over.

Here are some questions that are perfect for competitive market analysis research. Some of these questions might sound similar to some from our previous section on consumer profiling—that’s because there’s often some crossover between these types of research. Consumer profiling often refers to a more general type of research that covers similar ground to market analysis. If you’re wondering how to calculate market size , questions like these would be a great starting point.

  • How often do you usually purchase >INSERT YOUR PRODUCT/SERVICE CATEGORY<?
  • Why do you buy >INSERT YOUR PRODUCT/SERVICE CATEGORY<?
  • What types of >INSERT YOUR PRODUCT/SERVICE CATEGORY< do you buy?
  • How often do you buy the following types of >INSERT YOUR PRODUCT/SERVICE CATEGORY<?
  • Where do you buy your >INSERT YOUR PRODUCT/SERVICE CATEGORY<?
  • Where do you find out about >INSERT YOUR PRODUCT/SERVICE CATEGORY<?
  • Which of these brands have your purchased in the last 12 months?
  • How would you feel if you could no longer buy >INSERT YOUR PRODUCT/SERVICE CATEGORY<?
  • How important or unimportant do you find the following topics? (e.g. sustainability, diversity and inclusion, ethical supply chain)
  • What could be improved about the products you currently use?

Group of people taking part in market research

By involving consumers in the product development process, you can make sure that your products are designed to meet—and ideally exceed—their needs.

Product market research can be done at several points in the product development process, by asking potential customers in your target market questions about existing products (yours or competitors’), prototypes, or just your own early-stage product ideas.

You can dive into the customer experience, specific product features or simply find out if the product quality matches the value proposition you’re putting out there.

Sometimes you even get a surprising answer to the question: how does our product or service help people?

You might learn from the survey responses that customers are using your product in a different way than you intended, opening you up to new target markets and different product types in the future.

Asking these questions also allows you to get feedback on your designs, so that you can make necessary changes before the product is released. Here’s some inspiration for when you’re conducting product market research.

There are different types of new product development research. A key type is Jobs to be done research. This research digs into the practical reasons people buy products—the jobs they need to get done with a specific product. You use these insights to help you create products that will genuinely help consumers, and that they’ll ultimately want to buy.

  • How many times have you carried out [INSERT ACTIVITY] in the last 12 months?
  • How much time would you typically spend on this [INSERT ACTIVITY]?
  • How important or unimportant is carrying out this [INSERT ACTIVITY]?
  • How satisfied or unsatisfied do you feel when carrying out this [INSERT ACTIVITY]?
  • What is the best thing about carrying out [INSERT ACTIVITY]?
  • How does carrying out [INSERT ACTIVITY] make you feel? Please select all that apply
  • What particular problems or challenges do you run into while carrying out [INSERT ACTIVITY]?

When you’re cooking up your brand’s next product, you’ll want to go through a concept testing phase. This is where you ask consumers what they think about your idea and find out whether it’s likely to be a success. Here are some of the questions you could ask in your concept testing research.

  • To what extent do you like or dislike this idea/product? [ATTACH IMAGE]
  • What do you like about this idea/product?
  • What do you dislike about this idea/product?
  • Is easy to use
  • Sounds tasty
  • Is good quality
  • Is Innovative
  • Is different from others
  • Purchase this product
  • Replace the product I currently own with this
  • What other products this idea/product reminds you of? Please provide as much detail as possible including the product name.
  • What feature(s), if any, do you feel are missing from this product?
  • How would you improve this idea/product? Be as descriptive as possible!
  • What issues do you solve through the use of this product?
  • When can you see yourself using this product? Please select all that apply.
  • The price for this product is $25.00 per item. How likely or unlikely would you be to buy this product at this price?

Get inspired with NPD survey templates

Our in-house research experts have created New Product Development (NPD) survey templates to give you the perfect starting point for your product research!

Does the perspective of new customers change over time? How do you compare to other brands, and how do you become the preferred brand in your market and increase that market share?

Brand perception and brand awareness are super important metrics to track. These insights can be used to improve customer experience and satisfaction on a higher level than just product: the relationship you have with your customers.

This research can also help you understand how to reach the holy grail of branding: turning loyal customers into brand ambassadors.

You should also remember to ask marketing research questions about your brand to existing and potential customers.

Existing customers might have a different view after having interacted with your team and products, and you can use that to manage the expectations of your target customers down the line. And potential customers can help you understand what’s holding them back from joining your customer base.

Top tip: it’s completely fine (and super beneficial!) to run brand tracking into your competitors’ brands as well as your own. Replicating research for different brands will give you a tailored benchmark for your category and position.

Here are some key questions to ask in your brand tracking research.

  • Which of the following, if any, have you purchased in the past 12 months?
  • Thinking about >INSERT YOUR CATEGORY<, what brands, if any, are you aware of? Please type in all that you can think of.
  • Which of these brands of facial wipes, if any, are you aware of?
  • Which of these facial wipe brands, if any, have you ever purchased?
  • Which of these facial wipe brands, if any, would you consider purchasing in the next 6 months?
  • e.g. Innovative
  • Easy to use
  • Traditional
  • We’d now like to ask you some specific questions about >INSERT YOUR BRAND<.
  • When did you last use >INSERT YOUR BRAND<?
  • What do you like most about >INSERT YOUR BRAND<?
  • What do you like least about >INSERT YOUR BRAND<?
  • How likely would you be to recommend >INSERT YOUR BRAND< to a friend, family or colleague?
  • Why did you give that score? Include as much detail as possible
  • In newspapers/magazines
  • On Instagram
  • On Facebook
  • On the radio
  • Through friends/family/colleagues
  • When did you last use >INSERT MAIN COMPETITOR BRAND<?
  • How likely would you be to recommend >INSERT MAIN COMPETITOR BRAND< to a friend, family or colleague?

Kick off your brand tracking with templates

Track your brand to spot—and act on!—how your brand’s perception and awareness affects how people buy. Our survey templates give you the ideal starting point!

When it comes to pricing your product, there’s no need to wing it—a pricing survey can give you the insights you need to arrive at the perfect price point.

By asking customers questions about their willingness to pay for your product, you can get a realistic sense of what price point will be most attractive to them and, not unimportant, why.

Top tip: good pricing research can be tough to get right. Asking how much people would theoretically be willing to pay for a product is very different from them actually choosing it in a shop, on a shelf next to competitors’ products, and with a whole load of other economic context that you can’t possibly test for. Price testing is useful, but should sometimes be taken with a pinch of salt.

Here are some questions you could use in your pricing research.

  • Which of the following product categories have you bought in the last 12 months?
  • How often do you currently purchase >INSERT YOUR CATEGORY<?
  • At what price would you consider this >INSERT PRODUCT CATEGORY< to be so expensive that you would not consider buying it? (Too expensive)
  • At what price would you consider this >INSERT PRODUCT CATEGORY< to be starting to get expensive, so that it is not out of the question, but you have to give some thought to buying it? (e.g. Expensive)
  • At what price would you consider this >INSERT PRODUCT CATEGORY< to be a bargain—a great buy for the money? (e.g. cheap)
  • At what price would you consider this >INSERT PRODUCT CATEGORY< to be priced so low that you would feel the quality couldn’t be very good? (Too cheap)
  • How much do you currently pay for >INSERT PRODUCT CATEGORY<? Please type in below
  • Thinking about this product, please rank the following aspects based on how much value they add, where 1 = adds the most value 10 = adds the least value.
  • Thinking about the product category as a whole, please rank the following brands in order of value, where 1 is the most expensive and 10 is the least.

Formulating market research questions can be tricky. On the one hand, you want to be specific enough that you can get tangible, useful answers. But on the other hand, you don’t want to ask questions that are so difficult or unclear that respondents will get frustrated and give up halfway through.

Think about what answers you need and what actions you are hoping to take based on those answers.

We’ll help you get started with a list of steps to take when formulating your own market research questions, and putting them together in a survey that makes sense.

1. Define your research goals and link them to actions you can take

Before you can write great market research questions, you need to know what you want to learn from your research.

What are your goals? What do you want to find out? Once you have a clear understanding of your goals, you can start brainstorming questions that will help you achieve them.

2. Know your target market and the language they use

Who are you conducting market research for? It’s important to know your audience before you start writing questions, as this will help you determine the best way to phrase them.

For example, if you’re conducting market research for a new product aimed at teenagers, you’ll want to use different language than if you were conducting research for a new financial planning service aimed at retirees.

3. Keep it simple, and break things into smaller pieces

Don’t make your questions too complicated. Stick to simple, straightforward questions that can be easily understood by your target audience.

The more complex your questions are, the more likely it is that respondents will get confused and provide inaccurate answers.

If you feel a question is too difficult, see if you can break it up into smaller pieces and add follow-up questions on top.

And don’t ever load two questions into one! This falls into Consumer Research 101, but it’s amazing how often it happens. Instead of ‘What’s your favorite chocolate bar, and why?’ ask two questions: ‘What’s your favorite chocolate bar?’ and ‘Why is this your favorite chocolate bar?’

4. Be super specific

Make sure your questions are specific enough to get the information you need. Vague questions will only lead to vague answers.

For example, instead of asking ‘What do you think of this product?’, ask ‘What did you think of the taste of this product?’ or ‘What did you think of the packaging of this product?’.

5. Avoid leading questions

Leading questions are those that suggest a particular answer or course of action. For example, instead of asking ‘Do you like our new product?’, which suggests that the respondent should like the product, try asking ‘What are your thoughts on this product?

This question is neutral and allows the respondent to answer freely without feeling pressured in any particular direction. It’s also brand-neutral: people answering this question will have no idea who’s asking, and their opinion won’t be biased as a result.

6. Make sure your question is clear

It’s important that your question is clear and concise so that respondents understand exactly what they’re being asked. If there is any ambiguity in your question, respondents may interpret it in different ways and provide inaccurate answers.

Always test your questions on a few people before sending them to a larger group to make sure they understand what they’re being asked.

7. Avoid loaded words

Loaded words are those with positive or negative connotations that could influence the way respondents answer the question. For example, instead of asking ‘Do you love this product?’, which has a positive connotation, try asking ‘What are your thoughts on this product?’

This question is neutral and allows the respondent to answer freely without feeling pressured in any particular direction

8. Make sure the question is answerable

Before you include a question in your market research survey, make sure it’s actually answerable. There’s no point in asking a question if there’s no way for respondents to answer it properly. If a question isn’t answerable, either revise the question or remove it from your survey altogether.

9. Use an appropriate question type

When designing your market research survey, be sure to use an appropriate question type for each question you include. Using the wrong question type can lead to inaccurate or unusable results, so it’s important to choose wisely. Some common question types used in market research surveys include multiple choice, rating scale, and open-ended questions.

10. Pay attention to question order

The order of the questions in your survey can also impact the results you get from your research. In general, it’s best to start with more general questions and then move on to more specific ones later on in the survey. This will help ensure that respondents are properly warmed up and able to provide detailed answers by the time they reach the end of the survey.

Make smart decisions with the reliable insights

To make sure you make smart decisions that have real impact on your business, get consumer insights you can rely on. Here’s our rundown of the top market research tools.

Survey questions for market research are designed to collect information about a target market or audience. They can be used to gather data about consumer preferences, opinions, and behavior. Some common types of market research survey questions include demographic questions, behavioral questions and attitudinal questions.

There are many different types of market research questions that companies can use to gather information about consumer preferences and buying habits. They can be divided into different categories, like a competitive analysis, customer satisfaction or market trends, after which you can make them more specific and turn them into survey questions. These are some of the things your research questions can help you answer: – What is the target market for our product? – Who is our competition? – What do consumers think of our product? – How often do consumers purchase our product? – What is the typical customer profile for our product? – What motivates consumers to purchase our product?

When conducting market research, surveys are an invaluable tool for gathering insights about your target audience. But how do you write a market research questionnaire that will get you the information you need? First, determine the purpose of your survey and who your target respondents are. This will help you to write questions that are relevant and targeted. Next, craft clear and concise questions that can be easily understood. Be sure to avoid ambiguity, leading questions and loaded language. Finally, pilot your survey with a small group of people to make sure that it is effective. With these tips in mind, you can write a market research survey that will help you to gather the crucial insights you need.

market research questions for new business

Elliot Barnard

Customer Research Lead 

Elliot joined Attest in 2019 and has dedicated his career to working with brands carrying out market research. At Attest Elliot takes a leading role in the Customer Research Team, to support customers as they uncover insights and new areas for growth.

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Market research questions: what to ask and how.

9 min read Whether you’re looking for customer feedback, product suggestions or brand perception in the market, the right market research questions can help you get the best insights. Learn how you can use them correctly and where to begin.

What is market research?

Market research (also called marketing research) is the action or activity of gathering information about market needs and preferences. This helps companies understand their target market — how the audience feels and behaves.

For example, this could be an online questionnaire , shared by email, which has a set of questions that ask an audience about their views. For an audience of target customers, your questions may explore their reaction to a new product that can be used as feedback into the design.

Why do market research?

When you have tangible insights on the audience’s needs, you can then take steps to meet those needs and solve problems. This mitigates the risk of an experience gap – which is what your audience expects you deliver versus what you actually deliver.

In doing this work, you can gain:

  • Improved purchase levels – Sales will improve if your product or service is ticking all the right buttons for your customers.
  • Improved decision making – You can avoid the risk of losing capital or time by using what your research tells you and acting with insights.
  • Real connection with your target market – If you’re investing in understanding your target audience, your product and service will more likely to make an impact.
  • Understand new opportunities – it might be that your research indicates a new area for your product to play within, or you find potential for a new service that wasn’t considered before.

Get started with our free survey maker

Who do you ask your questions to?

Who to target in your market research is crucial to getting the right insights and data back. If you don’t have a firm idea on who your target audiences are, then here are some questions that you can ask before you begin writing your market research questions:

  • Who is our customer currently and who do we want to attract in the future?
  • How do they behave with your brand?
  • What do they say, do and think?
  • What are their pain points, needs and wants?
  • Where do they live? What is the size of our market?
  • Why do they use us? Why do they use other brands?

We’ve put together some questions below (Market research questions for your demographics) if you wanted to reach out to your market for this.

With the answers, you can help you segment your customer market, understand key consumer trends , create customer personas and discover the right way to target them.

Market research goals

Give yourself the right direction to work towards.There are different kinds of market research that can happen, but to choose the right market research questions, figure out your market research goals first.

Set a SMART goal that thinks about what you want to achieve and keeps you on track. SMART stands for Specific, Measurable, Attainable, Relevant and Timely. For example, a good SMART business goal would be to increase website sales for a top product by 10% over a period of 6 months.

You may need to review some strategic business information, like customer personas and historical sales data, which can give you the foundation of knowledge (the ‘baseline’) to grow from. This, combined with your business objectives, will help you form the right SMART targets tailored to your teams.

Types of market research questions

Now that you have your SMART target, you can look at which type of market research questions will help you reach your goal. They can be split into these types:

  • For demographics
  • For customers
  • For product

Market research questions for your demographics

Demographic information about your customers is data about gender, age, ethnicity, annual income, education and marital status. It also gives key information about their shopping habits.

Here are some questions you can ask in your market research survey:

  • What is your age / gender / ethnicity / marital status?
  • What is the highest level of education you have achieved?
  • What is your monthly income range?
  • What methods of shopping do you use?
  • What amount do you spend on [product/brand/shopping] each month?
  • How regular do you shop for [product/brand]?

Learn more about the demographic survey questions that yield valuable insights .

Market research questions for your customer

These questions are aimed at your customer to understand the voice of the customer — the customer marketing landscape is not an one-way dialogue for engaging prospects and your customer’s feedback is needed for the development of your products or services.

  • How did we do / would you rate us?
  • Why did you decide to use [product or service]?
  • How does that fit your needs?
  • Would you recommend us to your friends?
  • Would you buy from us again?
  • What could we do better?
  • Why did you decide to shop elsewhere?
  • In your opinion, why should customers choose us?
  • How would you rate our customer experience?

Learn more about why the voice of the customer matters or try running a customer experience survey.

Market research questions for your product

These questions will help you understand how your customers perceive your product, their reactions to it and whether changes need to be made in the development cycle.

  • What does our [product or service] do that you like or dislike?
  • What do you think about [feature or benefit]?
  • How does the product help you solve your problems?
  • Which of these features will be the most valuable / useful for you?
  • Is our product competitive with other similar products out there? How?
  • How does the product score on [cost / service / ease of use, etc.]?
  • What changes will customers likely want in the future that technology can provide?

There are also a set of questions you can ask to find out if your product pricing is set at the right mark:

  • Does the product value justify the price it’s marketed at?
  • Is the pricing set at the right mark?
  • How much would you pay for this product?
  • Is this similar to what competitors are charging?
  • Do you believe the price is fair?
  • Do you believe the pricing is right based on the amount of usage you’d get?

Have you tried a pricing and value research survey to see how much your target customers would be willing to pay?

Market research questions for your brand

How does the impact of your products, services and experiences impact your brand’s image? You can find out using these questions:

  • What do you think about our brand?
  • Have you seen any reviews about us online? What do they say?
  • Have you heard about our brand from friends or family? What do they say?
  • How likely are you to recommend our brand to a friend?
  • Have you read the testimonials on our own channels? Did they have an impact on your decision to purchase? How?
  • When you think of our brand, what do you think/ feel / want?
  • How did you hear about us?
  • Do you feel confident you know what our brand stands for?
  • Are you aware of our [channel] account?

Learn more about brand perception surveys and how to carry them out successfully.

How to use market research questions in a survey

For the best research questionnaires, tailoring your market research questions to the goal you want will help you focus the direction of the data received.

You can get started now on your own market research questionnaire, using one of our free survey templates, when you sign up to a free Qualtrics account.

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With Qualtrics, you can distribute, and analyse surveys to find customer, employee, brand, product, and marketing research insights.

More than 11,000 brands and 99 of the top 100 business schools use Qualtrics solutions because of the freedom and power it gives them.

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Related resources

Mixed methods research 17 min read, market intelligence 10 min read, marketing insights 11 min read, ethnographic research 11 min read, qualitative vs quantitative research 13 min read, qualitative research questions 11 min read, qualitative research design 12 min read, request demo.

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market research questions for new business

Product Management

80 Market Research Questions for More Valuable Insights (+tips)

Athira V S

Content Writer

Created on:

April 15, 2024

Updated on:

80 Market Research Questions for More Valuable Insights (+tips)

Transform Insights into Impact

Build Products That Drive Revenue and Delight Customers!

There are different types of market research, with 85% of researchers regularly using online surveys as their go-to tool , allowing them to reach broad target audiences in a cost-effective way.

Online surveys can break down geographical barriers and uncover profound customer insights, but only if you come up with the right market research questions.

Your questions shape the data you get, influencing your understanding of customer behavior and key consumer trends.

In this article, you'll find many examples of market research questions organized by categories, followed by tips for creating and analyzing your own market research survey.

80 market research questions to ask for more valuable insights

Demographic questions.

market research questions for new business

Learning more about your existing customer base can help you identify your ideal customers and adjust your marketing strategy accordingly. During the process, you may also discover that you have different customer personas, and you can later segment your audience.

Also, having detailed demographic data allows you to create targeted marketing campaigns that will convert better.

Here are some questions to explore your target audience:

  • What is your age and gender?
  • Where do you live?
  • Do you have a partner or children?
  • What is your highest level of education?
  • In what industry do you work?
  • What is your current job title?
  • What is your annual income?
  • What's the category you spend the most money on (e.g., groceries, technology, clothes)?
  • What's the average amount you spend on _____ (mention a particular category relevant to your industry)?
  • What websites, newspapers or magazines do you use to stay informed?

Product opportunities

Almost half of the startups fail because they're building products for which there's no real market need . That's why it's essential to do a product opportunity assessment before you invest time and money into building a product that may not have a big enough target market.

The following market research interview questions will help you discover burning issues and problems that your new product or service can solve.

  • What challenges and problems do you currently face in _____ (name specific area) that you can't find an adequate solution for?
  • Are there any existing products that you find close to meeting your needs but still fall short in some aspects, and which?
  • How do you currently cope with the absence of a dedicated solution for that problem?
  • Hypothetically speaking, what would an ideal solution for that problem look like?
  • What features would you like this product to include?
  • Would you purchase this product if it was available today? If not, why?
  • What is the one feature that would make our product a must-have for you?
  • Are there any untapped market segments or niches where our product could solve the existing problems?
  • If you were to brainstorm about a product that anticipates future needs in your industry, what would be its main features?
  • How would you prioritize the importance of the following features? (you can provide them with a list of features they need to rank from the most important to the least important)

If you've already started developing your product, read this article on how to get feedback for early-stage products and validate your product.

Customer feedback

market research questions for new business

If you've already launched a product or service, you should ask your existing customers for feedback and suggestions for improvement. This is an essential component of continuous product discovery , which is the best way to increase customer satisfaction by anticipating their needs.

Here are some questions you can use:

  • How long have you been using our product?
  • How often do you use our product?
  • What made you decide to purchase our product?
  • Describe how you use our product and what problems it solves for you.
  • Which features of our product do you use the most?
  • Which features of our product do you use the least or not at all?
  • What is the best feature of our product in your opinion?
  • What might be the weakest feature or the biggest area for improvement in our product?
  • Have you had any issues or problems with our product?
  • What would you miss the most if our product was no longer available?

Click here to discover 13 proven ways to collect customer feedback . Also, here are some additional questions for your product feedback survey .

Brand awareness

Market research surveys can help you see how existing and potential customers perceive your brand and whether you need to raise brand awareness or adjust your brand image.

  • Have you heard about our brand before?
  • How did you hear about us?
  • What is the first thing that comes to mind when someone mentions our brand?
  • What emotions or feelings do you associate with our brand?
  • How would you describe our brand in one sentence?
  • Are you currently using our products, and how often?
  • How likely are you to purchase our products again?
  • Are you aware that we also offer _____? (this can be an excellent opportunity for up-selling)
  • How often do you see our posts or ads on social media?
  • You can also calculate the Net Promoter Score by asking your current customers: On a scale of 0 to 10, how likely are you to recommend our product to a friend or colleague?

Pricing analysis

market research questions for new business

The following market research survey questions will help you explore the balance between product quality, features, and cost and assess the perceived value of your product.

  • What is more important to you: product quality or price?
  • In your opinion, what's a fair and reasonable price for a product like this?
  • What is the price range within which you'd feel comfortable purchasing this product?
  • What is the maximum amount you'd be willing to spend on this product?
  • If you think the price is too high, what additional features or improvements would justify the current price of our product?
  • Are there specific payment options or financing plans that would make you consider purchasing our product?
  • Do you find our pricing information clear and easy to understand?

Customer preferences

This set of questions will help you learn more about consumer preferences and their purchasing habits so that you can adjust your strategy accordingly.

  • What factors are influencing your purchasing decisions the most?
  • Where do you look for products you want to buy?
  • Do you prefer offline or online shopping, and why?
  • Do you read customer reviews, and on which websites?
  • Are you looking for recommendations from your friends and family?
  • Do you use social media to follow brand accounts, and which platforms do you use the most?
  • What is your preferred way to receive information and updates about a brand (e.g., social media, email newsletter, SMS)?
  • How do you prefer to consume information: through video, audio or reading?

Customer concerns

Understanding why people are not buying from you is essential for adjusting your offer and marketing. This set of questions will help you uncover potential objections you can address on your website.

  • Is there anything that's preventing you from buying our product?
  • What would need to happen for you to purchase our product today?
  • If now is not the right time to buy it, why is that?
  • Do you have any doubts or questions about our product?
  • What was your biggest concern before purchasing our product?
  • What is the main reason for canceling your subscription / not ordering again?
  • Did you encounter any problems or challenges when using our product?
  • If there was one thing about our product that would have made your decision-making process faster, what would it be?

Competitive analysis

It's important to research your competitors and learn both about their unique selling points and their weaknesses from users’ perspectives, which can help you discover your own competitive advantage and do a thorough market opportunity analysis.

  • How are you currently dealing with the problem that our product solves?
  • Are you already using a product with similar features?
  • Which products or brands would you consider as an alternative to ours?
  • Why did you choose our product over other options?
  • Did you consider any other options?
  • Does our product miss some features that our competitors' products have?
  • Are our prices higher, lower or similar to those of other companies?
  • Which of these products have you tried? (provide a list of your competitors' products)
  • What is your preferred brand?
  • If our product was no longer available, what other product would you choose instead?

The following market research questions can be applied to your website, landing page, social media platforms or any other channel you use to share information about your product or service or communicate with your customers.

  • Was it easy to find information on our website?
  • Is our website easy to navigate and user-friendly?
  • Is some information missing on our website?
  • Is product information clear and transparent?
  • Do you think we should add any features to our website, and which ones?
  • What kind of content would you like to see on our blog?
  • Did you have any difficulties using our website?

Market research questions: Best practices

Here are a few tips to consider when creating your own market research questions:

  • Define clear objectives: Before starting, you have to be clear on what you want to get out of the market research. Learning more about your potential customers? Identifying your competition? Evaluating a new product idea? Identifying different customer segments?
  • Use neutral language: If you want to get unbiased results to drive customer-led product growth , use neutral language to avoid leading participants toward a particular response.
  • Use different types of questions: You should combine multiple-choice questions, Likert scales and open-ended questions, as each of them helps you gather different types of data. While close-ended questions are great for collecting and analyzing large amounts of quantitative data, the open-ended format can be better when creating interview questions for market research as it provides you with deeper customer insights .

Writing questions and conducting market research is just the first step. The second and even more important step is to analyze the data you've gathered so you can uncover insights and patterns.

The best way to do so is through a customer feedback platform like Zeda.io, which provides you with a centralized workspace to collect and manage feedback and analyze data from all customer interaction points in one place.

market research questions for new business

Our platform helps you transform customer feedback into actionable insights that can help you decide which product to build or how to prioritize product features .

Thanks to advanced AI algorithms, we can help you spot product opportunities by uncovering the features users desire the most.

It can also help you analyze customer feedback to detect issues and frustrations reported by users so that you can enhance customer experience by promptly fixing them.

We can also spot trends in user feedback and calculate a potential revenue impact from adding new features.

We hope you were able to pick some ideas for creating your next customer survey or interview questions for market research.

After conducting research, it's crucial to thoroughly analyze your market research questionnaire using the right user feedback tools .

Zeda.io is an AI-powered tool that transforms raw customer data into actionable insights, helping you better understand your customers and spot emerging trends before competitors.

It helps you take the guesswork out of product discovery and confidently create products your target market will love.

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How do you write a good market research question?

Good market research questions are the ones that are clear, concise, specific and aligned with your goals. To get unbiased data, avoid leading questions and suggesting particular answers to your target audience.

What questions should I ask for market research for a new product?

You should ask target customers about their pain points, struggles, challenges and desires. See how they're currently solving those problems, whether they're using any other similar product and whether some features of that product could be added or improved.

What are the 7 basic questions in market research?

Here are the key market research questions: What problem is our product solving? Who is our target audience? What product features are the most important for them? What influences their purchasing decisions? How much are they willing to pay? What's preventing potential customers from buying our product? Who are our main competitors?

What are the elements of market research?

The main elements of market research are researching your target audience, their needs and problems, doing a competitor analysis and spotting market trends.

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How to Conduct Market Research for a Startup

Entrepreneur conducting market research for a startup

  • 17 Mar 2022

With every innovative product idea comes the pressing question: “Will people want to buy it?”

As an entrepreneur with a big idea, what’s the best way to determine how potential customers will react to your product? Conducting market research can provide the data needed to decide whether your product fits your target market.

Before launching a new venture, you should understand market research. Here’s how to conduct market research for a startup and why it’s important.

Access your free e-book today.

What Is Market Research?

Market research is the process of gathering information about customers and the market as a whole to determine a product or service’s viability. Market research includes interviews, surveys, focus groups, and industry data analyses.

The goal of market research is to better understand potential customers, how well your product or service fits their needs, and how it compares to competitors’ offerings.

There are two types of research you can conduct: primary and secondary.

  • Primary research requires collecting data to learn about your specific customers or target market segment. It’s useful for creating buyer personas, segmenting your market, and improving your product to cater to customers’ needs .
  • Secondary research is conducted using data you didn’t collect yourself. Industry reports, public databases, and other companies’ proprietary data can be used to gain insights into your target market segment and industry.

Why Is Market Research Important for Entrepreneurs?

Before launching your venture, it’s wise to conduct market research to ensure your product or service will be well received. Feedback from people who fall into your target demographics can be invaluable as you iterate on and improve your product.

Performing market research can also help you determine a pricing strategy by gauging customers’ willingness to pay for your product. Additionally, it can improve the user experience by revealing what features matter most to potential customers.

When assessing which startups to fund, investors place heavy importance on thorough market research that indicates promising potential. Providing tangible proof that your product fulfills a market need and demonstrating you’ve taken the time to iterate on and improve it signal that your startup could be a worthwhile investment.

Related: How to Talk to Potential Investors: 5 Tips

How to Do Market Research for a Startup

1. form hypotheses.

What questions do you aim to answer through market research? Using those questions, you can make predictions called hypotheses . Defining your hypotheses upfront can help guide your approach to selecting subjects, researching questions, and testing designs.

An example question you may ask is: “How much are people in my target demographic willing to pay for the current version of my product?” Your hypothesis could be: “If my product contains all its current features, customers will be willing to pay $500 for it.”

Another example question you may ask is: “What’s the user’s biggest pain point, and is my product meeting their needs?” Your hypothesis could be: “I believe the user’s biggest pain point is needing an easy, unintimidating way to learn basic car maintenance, and I predict that my product meets that need.”

You can and should test multiple hypotheses, but try to select no more than a few per test, so the research stays focused.

Related: A Beginner’s Guide to Hypothesis Testing in Business

2. Select the Type of Research Needed to Test Hypotheses

Once you’ve formed your hypotheses, determine which type of research to conduct.

If your hypotheses focus on determining your startup’s place in the broader market, start with secondary research. This can include using existing data to determine market size, how much of that market your startup could reasonably own, who your biggest competitors are, and how your brand and product compare to theirs.

If your hypotheses require primary research, decide which data collection method best fits your needs. These can include one-on-one interviews, surveys, focus groups, and polls. Primary research allows you to gather insights into customer satisfaction and loyalty, brand awareness and perception, and real-time product usability.

3. Identify Target Demographics and Recruit Subjects

To gather meaningful insights, you need to understand your target demographic. Do you aim to cater to working parents, young athletes, or pet owners? Determine the type of person who can benefit from your product.

If you conduct primary research, you need to recruit subjects. This can be done in several ways, including:

  • Word of mouth: The simplest but least reliable way to recruit participants is by word of mouth. Ask people you know to refer others to be research subjects, then screen them to confirm they fit your target demographic.
  • Promoting the study on social media: Many social media platforms enable you to show an ad to people who fall into specific demographic categories or have certain interests. This allows you to get the word out to a large number of people who qualify.
  • Hiring a third-party market research company: Some companies provide full market research services and recruit participants and conduct research on your behalf.

However you recruit subjects, ensure they take a screener survey beforehand, which allows you to determine whether they fit the specific demographic you want to study or have a trait that eliminates them from the research pool. It also provides demographic data—such as age and race—that enables you to select a diverse subset of your target demographic.

In addition, you can offer compensation to boost participation, such as money, meal vouchers, gift cards, or early access to your product. Make it clear that compensation is in appreciation for subjects’ time and honest feedback.

4. Conduct the Research

Once you’ve determined the type of research and target demographic necessary to test your hypotheses, conduct your research. To reduce bias, enlist someone unfamiliar with your hypotheses to perform interviews or lead focus groups.

Ask questions based on your audience and hypotheses. For instance, if you’re aiming to test existing customers’ purchase motivations, you may ask: “What challenge were you trying to solve when you first bought the product?”

If examining brand perception, your audience should consist of potential customers who don’t yet know your brand. Present them with a list of competitor logos—with yours in the mix—and ask them to rank the brands by perceived reliability.

While the questions you ask are vehicles to prove or disprove hypotheses, ensure they don’t lead subjects in one direction. To craft unbiased research questions , use neutral language and vary the order of options in multiple-choice questions. This can keep subjects from selecting the same option each time if they sense the third option is always mapped to a certain outcome. It also helps account for primacy bias (the tendency to select the first option in a list) and recency bias (the tendency to select the final option in a list).

Once you’ve collected data, ensure it’s organized efficiently and securely so you can protect subjects’ identities .

Related: 3 Examples of Bad Survey Questions and How to Fix Them

5. Gather Insights and Determine Action Items

After you’ve organized your data, analyze it to extract actionable insights. While some of the data will be qualitative rather than quantitative, you can detect patterns in responses to make it quantifiable. For instance, noting that 15 of 20 subjects mentioned feeling overwhelmed when attempting to assemble your product.

Once you’ve analyzed the data and communicated emerging trends using data visualizations , outline action items.

If the majority of users in your target demographic reported feeling overwhelmed while assembling your product, action items might include:

  • Creating different versions of assembly instructions to test with other groups, varying diagrams and instructional language
  • Researching instruction manual best practices

Each round of market research can offer more information about how your product is perceived and experienced by potential users.

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Market Research as an Ongoing Endeavor

While it’s useful to conduct market research before launching your product, you should revisit your hypotheses and form new ones over the course of building your venture.

By conducting market research with each version of your product, you can gradually improve it and ensure it continues to fit target customers’ needs.

Are you interested in bolstering your entrepreneurship skills? Explore our four-week online course Entrepreneurship Essentials and our other entrepreneurship and innovation courses to learn to speak the language of the startup world.

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Market Research Questions: What to Ask for Better Insights

This blog explores the different types and formatting options for market research questions, and how asking the right questions leads to better insights.

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Jan 29, 2024

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You see the value in market research and have support from your stakeholders to get started on some projects, but when you sit down to draft your questionnaire, you don’t quite know where to start. Sound relatable? If so, read on to learn some key market research questions to ask for actionable customer feedback.

Table of Contents: 

  • Why ask market research questions? 

Types of market research questions to ask

Market research questions for different research goals, how to use market research questions in a survey, why ask market research questions.

Market research questions help us get to the core of consumer behavior - such as why consumers act the way they do and how they go about their buyers’ journey. Market research surveys are a means of answering these questions, so brands can optimize their offerings (be it products or services) according to customer needs. Without asking your customer base what they want or need, you’re left making assumptions that may or may not hit the mark - which can lead to a waste of valuable time and budget.

Back to Table of Contents

Some of the most basic examples of market research questions are those related to demographics (who consumers are), yet these are some of the most foundational questions a survey can ask to make other insights more powerful. Beyond demographic traits, psychographics (what consumers are like - attitudes, aspirations, etc.) and behavioral questions (how consumers act) also paint a detailed picture of a target market. Below we'll cover some types and examples of market research questions that can help make better business decisions. 

Demographic questions

Where do you live?

How old are you?

What is your gender?

  • What is your current marital status?

What is the highest level of education you have completed?

  • What is your current employment status?
  • What's your household's annual income? 

Psychographic questions

What interests you?

How do you like to spend your free time?

What are your goals for the year?

  • What are your top three priorities in life?
  • How comfortable are you with trying new things?
  • What are your views on social issues like climate change, inequality, or political polarization?
  • How important is it for you to be seen as successful by others?

Behavioral questions

How often do you grocery shop?

Do you prefer to shop in-store or online?

On which days of the week are you most likely to watch television (and subsequently see advertising)?

How much money do you usually spend on X products?

Which retail brands do you buy from and why?

  • Think about a time you recommended a product or service to someone else. What made you so enthusiastic about it?
  • Have you ever participated in a brand's loyalty program or rewards system? If yes, what did you like about it? 

The type of questions you’ll want to ask in your market research survey will depend on your research goals. Are you trying to get to know your existing customers? Are you looking to engage with potential customers? Are you hoping to conduct a competitive analysis for your brand? A survey could be crafted around any or all of these objectives to fully explore each topic.

Once you determine the goal of your research, you can begin drafting your questionnaire using some of the question types above. Beyond capturing basic demographic questions among every survey respondent, below are a few examples of psychographic and behavioral question types:

For existing customers: 

For brands who already have a solid customer base and want to get to know them better to improve customer retention, ask things like:

Why did you start using our [product or service]?

Would you buy from us again?

Would you recommend us to your family and friends?

Are there similar products that you use for different reasons?

What, if anything, would you improve about or product or service?

For potential customers: 

If you’re looking to gather information about new customers you don’t already reach, get to know them through in-depth market research survey questions:

What factors influence your purchasing decision when shopping for a new [product or service type]?

Which of the following products [or services] are most appealing to you?

Where do you typically shop for [product or service]?

When will you be in the market for a new [product or service]?

How much do you typically spend on a new [product or service]?

For products: 

Surveys are a great tool to test reactions and perceptions of your product before you finalize it for launch. Below are some examples of market research questions for a new product to develop a final offering  that fits what customers want:

What are the most/least important elements of a [product type]?

Which scents/flavors do you find most pleasant in our existing product line? Which ones do you hope to see in the future?

What pain points are you looking for a product/service to solve?

How does this product compare to others on the market?

For pricing: 

Once you have settled on a product, you’ll need to determine the pricing for it. You can’t just set any price you want and expect consumers to pay it. The best way to go about pricing decisions is to actually survey your target customers to see what they’d be willing to spend:

Do you think the product is priced fairly?

What do you think is the ideal price for our [product or service]?

Are there any conditions in which you’d pay a higher price for our [product or service]?

What price is so high that you’d not even consider buying our [product or service]? (i.e. price sensitivity ).

For branding: 

Lastly, a brand might have its target audience figured out, with a solid product that’s appropriately priced, but it needs to be marketed and branded . Ask questions like: 

Are you familiar with our brand? (i.e. brand awareness)

Describe your customer experience so far with our brand.

How would you rate your customer satisfaction with our brand?

How likely are you to recommend our brand to family and friends?

For more on branding, consider a brand health tracker that can capture category entry points and the mental availability of brands: 

better brand health tracking webinar

When designing a market research survey, careful consideration should be given to both the formatting of the questions and their overall structure. Getting these aspects right can significantly improve the quality and depth of the actual insights you gather - empowering you to make better business decisions.  Below we'll explore various question formatting options, including open-ended and closed-ended questions, as well as tips to create a logical flow throughout your questionnaire. 

Question formatting options

Once you’ve determined the question content you’d like to ask in your survey, there are multiple ways you can go about actually programming each one. Below are some common question formats, and when to use each one: 

Single select

Multi-select: Use when you want a respondent to select as many items as apply to them from a list.

Multi-select

Rating scale/matrix: Use when you want respondents to provide a numeric rating on a single item (scale) or a list of items (matrix); (i.e. 1-5 likeness toward each, 1-5 level of satisfaction with each, etc.)

rating matrix 2

Open-ended questions : Use when you want respondents to provide written feedback to a question (i.e. ‘tell me about your latest shopping experience in-store’, or ‘what do you love about this product/service?;)

Screen Shot 2022-12-29 at 11.13.19 AM

How to structure your questions for better insights

Good questions that are thoughtfully structured will guide respondents through your survey smoothly, minimize confusion, encourage complete responses, and ultimately, yield high-quality results to tailor marketing strategies, product development, and customer service initiatives.  Starting with broad inquiries and gradually narrowing the focus enhances respondents' survey experience and enables you to identify patterns and correlations within the data. Below are some tips to keep in mind when structuring your market research survey.  

1. Start with a goal

The first step is to set a clear goal for your market research questionnaire. That goal could be to understand your buyer persona, learn how to maintain loyal customers, improve your website’s user experience, increase market share, or launch a new product.

2. Review what you already know

Conducting market research should aim to only answer questions that you don’t already have the answers to from previously-collected customer insights. Start by reviewing your own market research findings from past studies to see if you can answer any current questions. You can also look into customer reviews (if available), social media comments, and other external sources to see what people are saying about your brand.

3. Don’t make assumptions

Don’t ever assume you know something about a consumer without data to support it. For example, you may think that all customers use your product/service year-round when really, they’re only using it in the winter. You need to collect data to support any business decisions you’re making. That’s the only way to ensure you’re making good use of your time and budget, and that customer needs are met appropriately.

quantilope’s Insights Automation Platform makes a brand, product, or customer survey as simple as a drag & drop of questions. The platform is equipped with a number of automated survey tools (piping, pre-programmed survey templates , etc.) along with a suite of thirteen automated, advanced methods (i.e. market segmentation, key driver analysis, a/b testing, and many more). With results available in real-time, quantilope users begin diving into customer feedback instantly, with final results ready in a matter of days.

Ready to collect data for your own market research study? Get in touch below:

Get in touch to start building better insights!

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How to Do Market Research: The Complete Guide

Learn how to do market research with this step-by-step guide, complete with templates, tools and real-world examples.

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Market research is the systematic process of gathering, analyzing and interpreting information about a specific market or industry.

What are your customers’ needs? How does your product compare to the competition? What are the emerging trends and opportunities in your industry? If these questions keep you up at night, it’s time to conduct market research.

Market research plays a pivotal role in your ability to stay competitive and relevant, helping you anticipate shifts in consumer behavior and industry dynamics. It involves gathering these insights using a wide range of techniques, from surveys and interviews to data analysis and observational studies.

In this guide, we’ll explore why market research is crucial, the various types of market research, the methods used in data collection, and how to effectively conduct market research to drive informed decision-making and success.

What is market research?

The purpose of market research is to offer valuable insight into the preferences and behaviors of your target audience, and anticipate shifts in market trends and the competitive landscape. This information helps you make data-driven decisions, develop effective strategies for your business, and maximize your chances of long-term growth.

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Why is market research important? 

By understanding the significance of market research, you can make sure you’re asking the right questions and using the process to your advantage. Some of the benefits of market research include:

  • Informed decision-making: Market research provides you with the data and insights you need to make smart decisions for your business. It helps you identify opportunities, assess risks and tailor your strategies to meet the demands of the market. Without market research, decisions are often based on assumptions or guesswork, leading to costly mistakes.
  • Customer-centric approach: A cornerstone of market research involves developing a deep understanding of customer needs and preferences. This gives you valuable insights into your target audience, helping you develop products, services and marketing campaigns that resonate with your customers.
  • Competitive advantage: By conducting market research, you’ll gain a competitive edge. You’ll be able to identify gaps in the market, analyze competitor strengths and weaknesses, and position your business strategically. This enables you to create unique value propositions, differentiate yourself from competitors, and seize opportunities that others may overlook.
  • Risk mitigation: Market research helps you anticipate market shifts and potential challenges. By identifying threats early, you can proactively adjust their strategies to mitigate risks and respond effectively to changing circumstances. This proactive approach is particularly valuable in volatile industries.
  • Resource optimization: Conducting market research allows organizations to allocate their time, money and resources more efficiently. It ensures that investments are made in areas with the highest potential return on investment, reducing wasted resources and improving overall business performance.
  • Adaptation to market trends: Markets evolve rapidly, driven by technological advancements, cultural shifts and changing consumer attitudes. Market research ensures that you stay ahead of these trends and adapt your offerings accordingly so you can avoid becoming obsolete. 

As you can see, market research empowers businesses to make data-driven decisions, cater to customer needs, outperform competitors, mitigate risks, optimize resources and stay agile in a dynamic marketplace. These benefits make it a huge industry; the global market research services market is expected to grow from $76.37 billion in 2021 to $108.57 billion in 2026 . Now, let’s dig into the different types of market research that can help you achieve these benefits.

Types of market research 

  • Qualitative research
  • Quantitative research
  • Exploratory research
  • Descriptive research
  • Causal research
  • Cross-sectional research
  • Longitudinal research

Despite its advantages, 23% of organizations don’t have a clear market research strategy. Part of developing a strategy involves choosing the right type of market research for your business goals. The most commonly used approaches include:

1. Qualitative research

Qualitative research focuses on understanding the underlying motivations, attitudes and perceptions of individuals or groups. It is typically conducted through techniques like in-depth interviews, focus groups and content analysis — methods we’ll discuss further in the sections below. Qualitative research provides rich, nuanced insights that can inform product development, marketing strategies and brand positioning.

2. Quantitative research

Quantitative research, in contrast to qualitative research, involves the collection and analysis of numerical data, often through surveys, experiments and structured questionnaires. This approach allows for statistical analysis and the measurement of trends, making it suitable for large-scale market studies and hypothesis testing. While it’s worthwhile using a mix of qualitative and quantitative research, most businesses prioritize the latter because it is scientific, measurable and easily replicated across different experiments.

3. Exploratory research

Whether you’re conducting qualitative or quantitative research or a mix of both, exploratory research is often the first step. Its primary goal is to help you understand a market or problem so you can gain insights and identify potential issues or opportunities. This type of market research is less structured and is typically conducted through open-ended interviews, focus groups or secondary data analysis. Exploratory research is valuable when entering new markets or exploring new product ideas.

4. Descriptive research

As its name implies, descriptive research seeks to describe a market, population or phenomenon in detail. It involves collecting and summarizing data to answer questions about audience demographics and behaviors, market size, and current trends. Surveys, observational studies and content analysis are common methods used in descriptive research. 

5. Causal research

Causal research aims to establish cause-and-effect relationships between variables. It investigates whether changes in one variable result in changes in another. Experimental designs, A/B testing and regression analysis are common causal research methods. This sheds light on how specific marketing strategies or product changes impact consumer behavior.

6. Cross-sectional research

Cross-sectional market research involves collecting data from a sample of the population at a single point in time. It is used to analyze differences, relationships or trends among various groups within a population. Cross-sectional studies are helpful for market segmentation, identifying target audiences and assessing market trends at a specific moment.

7. Longitudinal research

Longitudinal research, in contrast to cross-sectional research, collects data from the same subjects over an extended period. This allows for the analysis of trends, changes and developments over time. Longitudinal studies are useful for tracking long-term developments in consumer preferences, brand loyalty and market dynamics.

Each type of market research has its strengths and weaknesses, and the method you choose depends on your specific research goals and the depth of understanding you’re aiming to achieve. In the following sections, we’ll delve into primary and secondary research approaches and specific research methods.

Primary vs. secondary market research

Market research of all types can be broadly categorized into two main approaches: primary research and secondary research. By understanding the differences between these approaches, you can better determine the most appropriate research method for your specific goals.

Primary market research 

Primary research involves the collection of original data straight from the source. Typically, this involves communicating directly with your target audience — through surveys, interviews, focus groups and more — to gather information. Here are some key attributes of primary market research:

  • Customized data: Primary research provides data that is tailored to your research needs. You design a custom research study and gather information specific to your goals.
  • Up-to-date insights: Because primary research involves communicating with customers, the data you collect reflects the most current market conditions and consumer behaviors.
  • Time-consuming and resource-intensive: Despite its advantages, primary research can be labor-intensive and costly, especially when dealing with large sample sizes or complex study designs. Whether you hire a market research consultant, agency or use an in-house team, primary research studies consume a large amount of resources and time.

Secondary market research 

Secondary research, on the other hand, involves analyzing data that has already been compiled by third-party sources, such as online research tools, databases, news sites, industry reports and academic studies.

Build your project graphic

Here are the main characteristics of secondary market research:

  • Cost-effective: Secondary research is generally more cost-effective than primary research since it doesn’t require building a research plan from scratch. You and your team can look at databases, websites and publications on an ongoing basis, without needing to design a custom experiment or hire a consultant. 
  • Leverages multiple sources: Data tools and software extract data from multiple places across the web, and then consolidate that information within a single platform. This means you’ll get a greater amount of data and a wider scope from secondary research.
  • Quick to access: You can access a wide range of information rapidly — often in seconds — if you’re using online research tools and databases. Because of this, you can act on insights sooner, rather than taking the time to develop an experiment. 

So, when should you use primary vs. secondary research? In practice, many market research projects incorporate both primary and secondary research to take advantage of the strengths of each approach.

One rule of thumb is to focus on secondary research to obtain background information, market trends or industry benchmarks. It is especially valuable for conducting preliminary research, competitor analysis, or when time and budget constraints are tight. Then, if you still have knowledge gaps or need to answer specific questions unique to your business model, use primary research to create a custom experiment. 

Market research methods

  • Surveys and questionnaires
  • Focus groups
  • Observational research
  • Online research tools
  • Experiments
  • Content analysis
  • Ethnographic research

How do primary and secondary research approaches translate into specific research methods? Let’s take a look at the different ways you can gather data: 

1. Surveys and questionnaires

Surveys and questionnaires are popular methods for collecting structured data from a large number of respondents. They involve a set of predetermined questions that participants answer. Surveys can be conducted through various channels, including online tools, telephone interviews and in-person or online questionnaires. They are useful for gathering quantitative data and assessing customer demographics, opinions, preferences and needs. On average, customer surveys have a 33% response rate , so keep that in mind as you consider your sample size.

2. Interviews

Interviews are in-depth conversations with individuals or groups to gather qualitative insights. They can be structured (with predefined questions) or unstructured (with open-ended discussions). Interviews are valuable for exploring complex topics, uncovering motivations and obtaining detailed feedback. 

3. Focus groups

The most common primary research methods are in-depth webcam interviews and focus groups. Focus groups are a small gathering of participants who discuss a specific topic or product under the guidance of a moderator. These discussions are valuable for primary market research because they reveal insights into consumer attitudes, perceptions and emotions. Focus groups are especially useful for idea generation, concept testing and understanding group dynamics within your target audience.

4. Observational research

Observational research involves observing and recording participant behavior in a natural setting. This method is particularly valuable when studying consumer behavior in physical spaces, such as retail stores or public places. In some types of observational research, participants are aware you’re watching them; in other cases, you discreetly watch consumers without their knowledge, as they use your product. Either way, observational research provides firsthand insights into how people interact with products or environments.

5. Online research tools

You and your team can do your own secondary market research using online tools. These tools include data prospecting platforms and databases, as well as online surveys, social media listening, web analytics and sentiment analysis platforms. They help you gather data from online sources, monitor industry trends, track competitors, understand consumer preferences and keep tabs on online behavior. We’ll talk more about choosing the right market research tools in the sections that follow.

6. Experiments

Market research experiments are controlled tests of variables to determine causal relationships. While experiments are often associated with scientific research, they are also used in market research to assess the impact of specific marketing strategies, product features, or pricing and packaging changes.

7. Content analysis

Content analysis involves the systematic examination of textual, visual or audio content to identify patterns, themes and trends. It’s commonly applied to customer reviews, social media posts and other forms of online content to analyze consumer opinions and sentiments.

8. Ethnographic research

Ethnographic research immerses researchers into the daily lives of consumers to understand their behavior and culture. This method is particularly valuable when studying niche markets or exploring the cultural context of consumer choices.

How to do market research

  • Set clear objectives
  • Identify your target audience
  • Choose your research methods
  • Use the right market research tools
  • Collect data
  • Analyze data 
  • Interpret your findings
  • Identify opportunities and challenges
  • Make informed business decisions
  • Monitor and adapt

Now that you have gained insights into the various market research methods at your disposal, let’s delve into the practical aspects of how to conduct market research effectively. Here’s a quick step-by-step overview, from defining objectives to monitoring market shifts.

1. Set clear objectives

When you set clear and specific goals, you’re essentially creating a compass to guide your research questions and methodology. Start by precisely defining what you want to achieve. Are you launching a new product and want to understand its viability in the market? Are you evaluating customer satisfaction with a product redesign? 

Start by creating SMART goals — objectives that are specific, measurable, achievable, relevant and time-bound. Not only will this clarify your research focus from the outset, but it will also help you track progress and benchmark your success throughout the process. 

You should also consult with key stakeholders and team members to ensure alignment on your research objectives before diving into data collecting. This will help you gain diverse perspectives and insights that will shape your research approach.

2. Identify your target audience

Next, you’ll need to pinpoint your target audience to determine who should be included in your research. Begin by creating detailed buyer personas or stakeholder profiles. Consider demographic factors like age, gender, income and location, but also delve into psychographics, such as interests, values and pain points.

The more specific your target audience, the more accurate and actionable your research will be. Additionally, segment your audience if your research objectives involve studying different groups, such as current customers and potential leads.

If you already have existing customers, you can also hold conversations with them to better understand your target market. From there, you can refine your buyer personas and tailor your research methods accordingly.

3. Choose your research methods

Selecting the right research methods is crucial for gathering high-quality data. Start by considering the nature of your research objectives. If you’re exploring consumer preferences, surveys and interviews can provide valuable insights. For in-depth understanding, focus groups or observational research might be suitable. Consider using a mix of quantitative and qualitative methods to gain a well-rounded perspective. 

You’ll also need to consider your budget. Think about what you can realistically achieve using the time and resources available to you. If you have a fairly generous budget, you may want to try a mix of primary and secondary research approaches. If you’re doing market research for a startup , on the other hand, chances are your budget is somewhat limited. If that’s the case, try addressing your goals with secondary research tools before investing time and effort in a primary research study. 

4. Use the right market research tools

Whether you’re conducting primary or secondary research, you’ll need to choose the right tools. These can help you do anything from sending surveys to customers to monitoring trends and analyzing data. Here are some examples of popular market research tools:

  • Market research software: Crunchbase is a platform that provides best-in-class company data, making it valuable for market research on growing companies and industries. You can use Crunchbase to access trusted, first-party funding data, revenue data, news and firmographics, enabling you to monitor industry trends and understand customer needs.

Market Research Graphic Crunchbase

  • Survey and questionnaire tools: SurveyMonkey is a widely used online survey platform that allows you to create, distribute and analyze surveys. Google Forms is a free tool that lets you create surveys and collect responses through Google Drive.
  • Data analysis software: Microsoft Excel and Google Sheets are useful for conducting statistical analyses. SPSS is a powerful statistical analysis software used for data processing, analysis and reporting.
  • Social listening tools: Brandwatch is a social listening and analytics platform that helps you monitor social media conversations, track sentiment and analyze trends. Mention is a media monitoring tool that allows you to track mentions of your brand, competitors and keywords across various online sources.
  • Data visualization platforms: Tableau is a data visualization tool that helps you create interactive and shareable dashboards and reports. Power BI by Microsoft is a business analytics tool for creating interactive visualizations and reports.

5. Collect data

There’s an infinite amount of data you could be collecting using these tools, so you’ll need to be intentional about going after the data that aligns with your research goals. Implement your chosen research methods, whether it’s distributing surveys, conducting interviews or pulling from secondary research platforms. Pay close attention to data quality and accuracy, and stick to a standardized process to streamline data capture and reduce errors. 

6. Analyze data

Once data is collected, you’ll need to analyze it systematically. Use statistical software or analysis tools to identify patterns, trends and correlations. For qualitative data, employ thematic analysis to extract common themes and insights. Visualize your findings with charts, graphs and tables to make complex data more understandable.

If you’re not proficient in data analysis, consider outsourcing or collaborating with a data analyst who can assist in processing and interpreting your data accurately.

Enrich your database graphic

7. Interpret your findings

Interpreting your market research findings involves understanding what the data means in the context of your objectives. Are there significant trends that uncover the answers to your initial research questions? Consider the implications of your findings on your business strategy. It’s essential to move beyond raw data and extract actionable insights that inform decision-making.

Hold a cross-functional meeting or workshop with relevant team members to collectively interpret the findings. Different perspectives can lead to more comprehensive insights and innovative solutions.

8. Identify opportunities and challenges

Use your research findings to identify potential growth opportunities and challenges within your market. What segments of your audience are underserved or overlooked? Are there emerging trends you can capitalize on? Conversely, what obstacles or competitors could hinder your progress?

Lay out this information in a clear and organized way by conducting a SWOT analysis, which stands for strengths, weaknesses, opportunities and threats. Jot down notes for each of these areas to provide a structured overview of gaps and hurdles in the market.

9. Make informed business decisions

Market research is only valuable if it leads to informed decisions for your company. Based on your insights, devise actionable strategies and initiatives that align with your research objectives. Whether it’s refining your product, targeting new customer segments or adjusting pricing, ensure your decisions are rooted in the data.

At this point, it’s also crucial to keep your team aligned and accountable. Create an action plan that outlines specific steps, responsibilities and timelines for implementing the recommendations derived from your research. 

10. Monitor and adapt

Market research isn’t a one-time activity; it’s an ongoing process. Continuously monitor market conditions, customer behaviors and industry trends. Set up mechanisms to collect real-time data and feedback. As you gather new information, be prepared to adapt your strategies and tactics accordingly. Regularly revisiting your research ensures your business remains agile and reflects changing market dynamics and consumer preferences.

Online market research sources

As you go through the steps above, you’ll want to turn to trusted, reputable sources to gather your data. Here’s a list to get you started:

  • Crunchbase: As mentioned above, Crunchbase is an online platform with an extensive dataset, allowing you to access in-depth insights on market trends, consumer behavior and competitive analysis. You can also customize your search options to tailor your research to specific industries, geographic regions or customer personas.

Product Image Advanced Search CRMConnected

  • Academic databases: Academic databases, such as ProQuest and JSTOR , are treasure troves of scholarly research papers, studies and academic journals. They offer in-depth analyses of various subjects, including market trends, consumer preferences and industry-specific insights. Researchers can access a wealth of peer-reviewed publications to gain a deeper understanding of their research topics.
  • Government and NGO databases: Government agencies, nongovernmental organizations and other institutions frequently maintain databases containing valuable economic, demographic and industry-related data. These sources offer credible statistics and reports on a wide range of topics, making them essential for market researchers. Examples include the U.S. Census Bureau , the Bureau of Labor Statistics and the Pew Research Center .
  • Industry reports: Industry reports and market studies are comprehensive documents prepared by research firms, industry associations and consulting companies. They provide in-depth insights into specific markets, including market size, trends, competitive analysis and consumer behavior. You can find this information by looking at relevant industry association databases; examples include the American Marketing Association and the National Retail Federation .
  • Social media and online communities: Social media platforms like LinkedIn or Twitter (X) , forums such as Reddit and Quora , and review platforms such as G2 can provide real-time insights into consumer sentiment, opinions and trends. 

Market research examples

At this point, you have market research tools and data sources — but how do you act on the data you gather? Let’s go over some real-world examples that illustrate the practical application of market research across various industries. These examples showcase how market research can lead to smart decision-making and successful business decisions.

Example 1: Apple’s iPhone launch

Apple ’s iconic iPhone launch in 2007 serves as a prime example of market research driving product innovation in tech. Before the iPhone’s release, Apple conducted extensive market research to understand consumer preferences, pain points and unmet needs in the mobile phone industry. This research led to the development of a touchscreen smartphone with a user-friendly interface, addressing consumer demands for a more intuitive and versatile device. The result was a revolutionary product that disrupted the market and redefined the smartphone industry.

Example 2: McDonald’s global expansion

McDonald’s successful global expansion strategy demonstrates the importance of market research when expanding into new territories. Before entering a new market, McDonald’s conducts thorough research to understand local tastes, preferences and cultural nuances. This research informs menu customization, marketing strategies and store design. For instance, in India, McDonald’s offers a menu tailored to local preferences, including vegetarian options. This market-specific approach has enabled McDonald’s to adapt and thrive in diverse global markets.

Example 3: Organic and sustainable farming

The shift toward organic and sustainable farming practices in the food industry is driven by market research that indicates increased consumer demand for healthier and environmentally friendly food options. As a result, food producers and retailers invest in sustainable sourcing and organic product lines — such as with these sustainable seafood startups — to align with this shift in consumer values. 

The bottom line? Market research has multiple use cases and is a critical practice for any industry. Whether it’s launching groundbreaking products, entering new markets or responding to changing consumer preferences, you can use market research to shape successful strategies and outcomes.

Market research templates

You finally have a strong understanding of how to do market research and apply it in the real world. Before we wrap up, here are some market research templates that you can use as a starting point for your projects:

  • Smartsheet competitive analysis templates : These spreadsheets can serve as a framework for gathering information about the competitive landscape and obtaining valuable lessons to apply to your business strategy.
  • SurveyMonkey product survey template : Customize the questions on this survey based on what you want to learn from your target customers.
  • HubSpot templates : HubSpot offers a wide range of free templates you can use for market research, business planning and more.
  • SCORE templates : SCORE is a nonprofit organization that provides templates for business plans, market analysis and financial projections.
  • SBA.gov : The U.S. Small Business Administration offers templates for every aspect of your business, including market research, and is particularly valuable for new startups. 

Strengthen your business with market research

When conducted effectively, market research is like a guiding star. Equipped with the right tools and techniques, you can uncover valuable insights, stay competitive, foster innovation and navigate the complexities of your industry.

Throughout this guide, we’ve discussed the definition of market research, different research methods, and how to conduct it effectively. We’ve also explored various types of market research and shared practical insights and templates for getting started. 

Now, it’s time to start the research process. Trust in data, listen to the market and make informed decisions that guide your company toward lasting success.

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90+ Market Research Questions to Ask Your Customers

market research questions for new business

Market Research Specialist

Emma David, a seasoned market research professional, specializes in employee engagement, survey administration, and data management. Her expertise in leveraging data for informed decisions has positively impacted several brands, enhancing their market position.

Market Research Questions

Market research questions can help you capture the best insights when you are up for launching a new product or a feature.  Sending out such surveys about market needs and preferences enables companies to understand how their target market feels and behaves.

But why market research surveys ?

Because market trends change with the change in opinions and preferences of your customer base. Even your most loyal customers will turn to other brands unexpectedly. For this reason, a marketing questionnaire can help you find out what your customers want and think.

However, the key to success is deciding which questions to ask.

In this blog, we have gathered a list of 90+ market research questions that you can use for conducting in-depth market research surveys.

Continue reading to find out.

What are Market Research Questions?

Market research questions are questions that businesses send out to their existing and potential customers to understand their perception and opinion on a given subject.

But how does it actually help?

Market survey questions help businesses collect precise information about the market, audiences, and competitors. This helps businesses validate the market demand and profitability of their product/feature before diving into the development process. 

Also, such structured questions have limited answering options, which makes it easier to apply formulas and patterns to accurately analyze the gathered data .

For example, via market research questions, you may collect easy-to-segment data mentioned below:

  • Job title 
  • Type of industry the respondent works in
  • Education level
  • How did they get to know about you?
  • What are you planning to buy from the [brand name]?
  • What products do you like to buy from a [competitor name]?
  • Why do you buy from the [brand name]?

Therefore, with the collected data, brands can serve their customers better and make their upcoming products/features stand out from the competition.

Watch more: How To Create Survey Using ProProfs Survey Maker

Market Research Questions (categories with questions)

Before you start creating a perfect market research questionnaire , you must consider a few crucial parameters. Start by asking yourself:

  • What is the size of your target market? 
  • Who are your target customers?
  • What are the primary issues that your customers face?
  • How can your product or service help solve the issue for your customers?
  • Does your product perfectly fit into the current market? 
  • What’s the volume of potential customers?
  • Have you set a good customer persona to understand your ideal target customers?
  • What are the key consumer trends?
  • How do you identify new target segments? And, how are these new segments different from the existing ones?
  • Who are your direct competitors? What are their strategies for attracting customers?
  • How do you generate leads ?

Therefore, to position yourself as an expert before launching a new product/service, it’s crucial to have in-depth knowledge about your customers, the industry, the market trends, and your competitors .

Once you are done with it, you can start curating marketing research questions that can help your business idea to thrive.

Market Research Questions for New Product Launch

Launching a successful product or a service demands extensive research and market testing. You can include the following product survey questions:

1. How did you hear about [brand name]? 2. What made you choose us? 3. What features do you like most about our existing product or service? 4. What feature would you like to see in the website/product? 5. Is our product or service convenient to use? 6. Which feature do you think will help improve the existing product experience for you? 7. Among these four options, what’s the next thing you think we should launch? 8. What’s the one feature we can add that would make our product more valuable for you? 9. Would the implementation of [feature name] increase the usability of the [product name]? 10. Are you aware that we offer [product/service name]? 11. Did we answer all your questions or solve your problem? 12. How long have you used [product name]? 13. How often do you use [product name]? 14. Did we help you get started using our product or service? 15. For your next purchase, how likely are you to purchase from our brand?

  • Very likely
  • Somewhat likely
  • Very unlikely

16.  Compared to other products in the market, would you say that our product is:

  • Much better
  • Somewhat better
  • Almost the same
  • Don’t know or never used

17.  Will you use or purchase our product again?

  • Might or might not
  • Probably will not
  • Definitely, will not

18. Are you willing to refer our product/service to your friends, family, or colleagues about us? 19. Why have you decided to leave us? 20. On a scale of 1-10, how will you rate your experience with us? 21. In your opinion, how can we further improve this product/feature?

Market Research Questions for Potential Customers

These market research questions will help you create an accurate buyer persona by understanding your target customers.  The basic things you need to ask are:

  • Profession/Job
  • Household income
  • Household size

22. What are your hobbies and interests? 23. How old are you? 24. What is your monthly income range? 25. What is your current marital status? 26. What is the name of your company? 27. Where is your company’s headquarters located? 28. Please specify the number of employees that work in your company. 29. What is your job title? 30. In which location do you work? 31. What type of activities do you prefer in your free time? 32. Do you take part in physical activities? 33. Where is your dream holiday destination? 34. How would you rate the following according to their priority in your life – family, work, and social life? 35. Are you happy with your current work-life balance? 36. How would you describe yourself:  An optimist or a pessimist? 37. How often do you give to charity? 38. How do you commute to work? 39. How do you do your holiday shopping? 40. How much do you spend on shopping every year? 41. What are the common challenges you face regularly? 42. What are your main goals in life? 43. What products do you consider the most important to solve your business problems? 44. Where do you usually search for new products? 45. How much do you usually spend when purchasing (product category)? 46. How likely are you to buy [product name]?

Market Research Questions to Collect Feedback on Existing Product(s)

For product-based organizations, collecting customer feedback is a key to steering their products towards success.  For this reason, selecting the right set of market research questions you ask your existing customers is important.

market research questionnaire for a product

47. Have you heard of [product name] before? 48. What specific problems does our product solve for you? 49. How would you feel if [product name] was no longer available? 50. How would you rate our product delivery? 51. Do you face any challenges while using our product? 52. How disappointed would you be if you could no longer use [product/feature name]? 53. How often do you use [product name]? 54. How long have you been using [product name] for? 55. When was the last time you used [product name]? 56. How would you rate our customer experience? 57. What do you think about our product pricing? 58. In your opinion, in which area is this product/service lacking the most? 59. How does the product perform after the update? 60. Have you faced any problems with the product? Specify below. 61. What feature did you expect but not find in [product name]? 62. On a scale of 1-5, how satisfied are you with the product?

Watch more: How To Create a Customer Satisfaction Survey

Market Research Questions for Competitive Analysis

Asking specific competitive analysis questions can help you dig deeper into market share and internal information about your counterparts. You can ask the following questions:

63. How would you feel if you couldn’t use our product anymore? 64. Have you considered other solutions/alternatives? 65. Which other options have you considered before choosing our product? 66. What made you choose our brand rather than a competitor? 67. What do we do better than other company’s products? 68. Which product would you use if our product is no longer available? 69. What are the first three brands in this product category that come to your mind? 70. In your opinion, how can our product stand out from the competition? 71. Please share your overall opinion of our brand? 72. Please share any additional comments or feedback? 73. Have you seen any other product with a similar feature? 74. In what aspects do you compare our products to our competitors? 75. Compared to the other available options, is our product quality better, worse, or about the same? 76. Please list the top three things that helped you choose us rather than a competitor.

Market Research Questions For Concept Testing

Before the final launch, a concept testing survey helps businesses to evaluate product development by collecting feedback from customer segments that make up their target market. This testing helps them avoid mistakes and tailor their products according to the customers’ needs. 

You can include the following marketing survey questions to get accurate feedback from the respondents:

77. How would this new feature help you solve your problem? 78. What is your least favorite part of the feature and why? 79. What do you consider before deciding on a version of the product? 80. How do you feel about this new feature? 81. What really excites you about this new feature? 82. Do you think this new feature can extremely help in improving the existing product, and why? 83. Have you seen something similar to this product feature elsewhere? 84. How does this new feature improve your overall experience? 85. Do you think this new feature is appropriate for [product name], and why? 86. How much would you wish to pay for this product? 87. Which of our products appeals most strongly to you, and why? 88. How could this product make a difference in your daily life? 89. Describe why you think this product is innovative? 90. Describe why you think this product is not so innovative? 91. What development stage do you think the product currently is in?

Tips to Create Effective Market Research Surveys

Step 1: choose the best survey software.

With various survey tools available on the market, choosing the right one could be tricky. You just go for a survey maker tool that helps you create, customize and share different types of surveys such as pop-up, scored, NPS, sidebar across email, social media, websites, etc.

ProProfs Survey Maker

The tool should also support multiple question types, and you should be able to measure survey performance and evaluate feedback with built-in intelligent analytics.

Step 2: Choose the Right Survey Questions

Before creating a survey, you should have clarity regarding your end goal based on qualitative and quantitative research . For example, if you are looking for simple yes-no answers, you can choose close-ended questions, whereas if you are looking for comprehensive answers, then you may want to consider open-ended questions .

Or, if you are looking for quick-to-sort feedback that can help you identify trends easily, then multiple-choice, Yes/No, and Likert scale questions work well.

survey question types

Read More: Survey Question: 250+Examples, Types & Best Practices

Step 3: Ask Questions That Match Your Survey Goals

Before you start creating a survey , think of what information you want to collect from customers. The data you need should directly relate to the problem you want to solve for your business. 

For example, you should send out questions related to a new feature before launching it to gather customer insights about your concept.

Whereas, demographic questions are best if you want to know who your potential customers are. Such questions help you gain basic information about the customers, such as their age, place of residence, occupation, income level, and more.

Step 4: Share Surveys at a Suitable Time

Timing is the most essential aspect when it comes to surveys. Wrong timing can reduce the chances of collecting feedback from your target audience . On the other hand, when the timing is right, you can collect actionable feedback about their experiences. 

For example, the ideal time to send the survey is just after a customer interacts with your business. Just because the interaction is fresh, they will be able to provide the most genuine and fresh feedback.

Also, the brands can send the survey a few days after the purchase. This will offer the customers some time to use your product and let you genuinely know how happy or unhappy they are, what’s bothering them, and what you can do to improve.

Effectively Capture Market Insights With Market Research Questions

When executed well, market research can save a lot of time and effort in collecting valuable feedback. Whether you’re starting a business, launching a new product/feature, or improving your existing processes, market research questions can fetch you the answers you need to create dynamic strategies. 

Ask the right questions to the right audience at the right time and you’ll surely get useful results. However, it’s important to tailor questions to specific contexts. For instance, if you are conducting product market research, you should ask questions that would provide useful information on product feasibility in the current market.

And for a seamless process, you can create a market research questionnaire with powerful tools like ProProfs Survey Maker and Qualaroo and easily share it with your target audience in various forms.

Emma David

About the author

Emma David is a seasoned market research professional with 8+ years of experience. Having kick-started her journey in research, she has developed rich expertise in employee engagement, survey creation and administration, and data management. Emma believes in the power of data to shape business performance positively. She continues to help brands and businesses make strategic decisions and improve their market standing through her understanding of research methodologies.

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Home Market Research

20 Market Research Questions To Ask In Your Customer Survey

Market Research Questions

The primary reason you conduct any customer survey with market research questions is to make effective decisions that grow your business by selling more to both existing customers, as well as by acquiring new customers by increasing the effectiveness of your product/service to suit their needs better. But when you take even a closer look, we’re making these decisions because the main objective is to become the obvious choice for that ideal customer. For that to happen and to reach market research goals, you need to ask:

What are Market Research Questions?

Market research questions is a questionnaire that is answered by customers or potential consumers, to understand their perception and opinion on a given subject, typically pertaining to product or service feasibility, understanding consumer needs and interests, and pricing concepts.

LEARN ABOUT: Dealership Marketing Strategies & Tips

For example: A customer survey on market research of an existing product line that focuses on the usefulness of specific features in a product line. Based on the feedback received from this survey, a business can now decide which features to invest and enhance/improve, and which features to relatively defocus/discontinue. This market research , therefore, enables a business to efficiently allocate resources based on real, data-oriented insights from their own customers.

LEARN ABOUT:  Test Market Demand

A similar set of market research questions can also be sent to potential consumers of a product, to understand market absorption capability.

LEARN ABOUT: Consumer Surveys

What Market Research Questions should I ask in my Customer Survey?

  • Who is our ideal customer? These are typically demographic market research questions such as gender survey questions , education level, income level or location.  You can expand these questions to find out your customer’s occupation or if your ideal customer is a parent, pet owner. Don’t skimp on demographics or psychographics .  If anything, get really creative with them. You might consider conducting a survey with nothing but profiling questions that include where your customers shop, or where they prefer to eat. It’s critical to know as much as possible about your ideal customer so that you can begin focusing your marketing decisions around their preferences.
  • What do they struggle with? Another root set of data that market researchers are searching for within their ideal customer is “what they struggle with.”  What are the 5 to 7 frustrations that they are dealing with when it comes to interacting with our product or service? Suppose you are a golf accessories company and you ask your ideal customer what frustrates them about their golfing experience. In that case, you might get responses such as “expensive golf clubs getting wet during a rainstorm.”  If you get enough of those responses, you may consider developing a golf accessory that protects golf clubs in the rain.
  • What does your ideal customer really WANT? No matter how you phrase the market research questions (and there are countless creative formats) all we really want to know is what our customer will actually purchase as a solution.  What is it that they WANT? Of course, they’re NOT going to say that they want something that doesn’t exist yet — in the 1960’s the average person would NOT have known that they wanted a microwave. They wanted hot food fast. One good way to get at these wants is to give your respondents some examples of product offerings and combinations and see how they rate them.
  • What sets you apart from your competition? Competitive analysis and bench-marking are critical if you want to increase the profitability of your product and build your brand. An effective way to measure or identify differentiators or competitive advantage is to ask Customer Satisfaction questions . The key to asking these market research questions is getting the attributes right.  For example “How important is it that your tires have a run-flat safety feature?” instead of asking “How important is it that your car has tires.”For example, A survey can be conducted by either Apple or Samsung to find out how satisfied are the customers with their products and what are the other features that the consumer prefers from the competitive brand. Using such data a company can incorporate features based on the demand and can also benchmark their features that the customers prefer. A Apple vs Samsung Survey Questions template can help to achieve the data required to compare their products with the competition and strategize accordingly .
  • What benefits do your customers perceive? Because we all choose and purchase based on emotion — it’s important to understand specifically what emotional benefits our customers receive from our products and services. The more we connect with our customers on an emotional level and provide that benefit — the more likely they are to choose us. This is an ideal place to use matrix questions that rate the degree to which customers agree or disagree with a variety of “benefit” statements.  Here is an example “I can count on Service X to pull me out of a bind.”
  • Who is currently buying from us? A very important research metric to track is the “who” is currently buying a product or a service from you. Deriving a pattern from the current purchasing population, helps you target and market to a similar potential demographic. This also is an ideal place to use demographic questions extensively but it also helps if other factors like geographical metrics are tracked. You don’t want to be ignoring your existing customer base and also be smart and agile in attracting new business to your brand.
  • Why are other people not buying from us? While it is imperative to know who is your potential customer or map your existing customer base, you need to find out who is not buying from you. This information is essential to understand if there are shortcomings in a product or service and at what milestone customers drop out of the purchasing process . This also helps to identify the way your business is conducted, if additional training is required to make a sale or if your product or service lacks in quality. Understanding why people are not buying from you also helps monitor if there is something fundamentally wrong with what you are offering to the masses.
  • Who can buy from us in the future? It is a known fact that is about 10x more expensive to create a new customer rather than to maintain the one you currently have. That, however, is no reason not to aim for new business. It is therefore important to have a clear picture of your potential future business. Targeting potential customers, is a mix of customer demographics that have purchased from you in the past and a mix of demographics you advertise and market to. It is therefore important to have a well-rounded product or solution. For example, since your barbecue sauces and rubs are famous and widely used in the midwest does not mean they cannot be bought in the southern states.
  • Why do people buy from you? What value or need does it fulfill? Customers only buy from you because of a perceived value . This value is either what you depict to potential customers or repeat customers have been privy to the value of your product or service. Customers also make a purchase because of the trust they have either in the product or service or the brand or sometimes even certain individuals. It is therefore important that you understand the value of your brand and stick to the morals and ethics of delivering high quality to ensure that the perceived and actual brand quotient is very high. The other reason why customers purchase from you is if their need is fulfilled by what you have on offer. This could either be a direct or an indirect need.
  • What would make you a perfect brand? No brand can be perfect! But you can surely be close to perfect. What this means is everything about your product or service is easy to use, intuitive, is value for money, scalable and ancillary support is impeccable. All of this is obviously immaterial if the product does not solve a real problem or make life easier for the customer. Having a very high customer oriented focus gives your brand a positive ring and becomes increasingly the go-to brand. You can use a simple Net Promoter Score question to understand how referrable is your brand and who are the promoters and detractors of your brand.
  • What single aspect about your brand makes it stand out and makes clients trust you? People buy from you or transact with you mostly when there is a high trust factor. Very rarely is the purchasing decision purely based on need or ease of access. To identify and build on that one factor that makes you a preferred buying choice over your competitors is very important. You can map preferred aspects of your brand to age, sex, geographical location , financial limitations etc. because each of those factors can appeal to your brand differently. It is important that you identify and fortify those aspects of your business. Your brand can also be preferred because of other factors like personnel, customer service , ethos and perception amongst peers, consumers and the society alike. Abercrombie & Fitch was a respected brand but lost a lot of market share and goodwill due to CEO’s words in one isolated incident. It takes lots of work and time to build trust but takes none to lose all of it!
  • What is the best way to communicate with the kind of people you are trying to reach out to? What’s caused the downfall for a lot of brands is the inability to reach out to target customers despite their product or service being impeccable. Not knowing how to reach your target audience or potential customer makes all your hardwork go down the drain. For example, if a new life saving drug is making its way to the market, but medical professionals and doctors don’t know about it or how to administer it and its benefits, about 20 years of work goes down the drain. You need to identify the right channels and avenues to reach out to the people that will consume your product or service.
  • What do customers make of your product and/or service line? There are a few brands that have one product or service and that rakes in the customers and money for them because of the nature of the product or service. But most brands aren’t this way! They would need to branch out into multiple products or services or very often, a mix of both. It is, therefore important to understand the value of your products and/or services. It is imperative to know if they solve a problem a customer has or make life easier for the customer or any other such reason. This helps in consolidating the customer base.
  • What improvements could be made to your products or services to have a wider reach? A product or a service has never achieved the maximum number of customers it can get. There always is someone who could use your product or service; maybe not in the form that it currently is but there is scope to scale. This makes it so much more important to collect periodic feedback on what additions your current customer base would like to see in your brand and what can bring in new customers from your competitors. Chipping away at deadwood features and making increased usability tweaks increases the adoption and use of your product and service. For example, a retail store wants to promote the use of its self-service checkout systems. However, a lot of customers still are not opting for the system. There can be many reasons to why the customer is choosing not to use the system, like complex operation, no readability, or even slow speed of the system. To understand the reason, a Usability survey for self-service checkouts can be conducted. This will enable the store to gather first-hand information from the customers and make improvements in the system accordingly.

Learn More: User Interface Survey Template

  • What is the right price to charge? Pricing a product or service is one of the most important aspects of your business. Pricing right can decide the revenue, brand perception, profitability and adoption of the product or service. Pricing too slow has a negative connotation and may increase in bringing in lower revenue. Pricing high gives the feeling of being elite and then the profitability and revenue hinge on the factors of per unit adoption rather than a very high adoption. Pricing just right is a myth – what someone finds cheap, someone else could find expensive. Where someone finds your product or service value for money, others may find it exorbitant. Hence, it is important to collect extensive feedback from your existing and potential customers about what they think is an ideal price to play. It is also important to conduct due diligence on competitors to map how they price versus the service and product features they provide. These factors will help you come close to an “ideal price” to charge.
  • What is the vision for the brand? A vision for a brand dictates the level the brand aspires to be and wants to scale up to be. Apple is now a preferred phone because the vision was to be an experience, not a device. The device is the means to ensuring that vision. They wanted to make the ecosystem so robust that any device you use, that familiarity and ease of use is standardized but also stonewall easy. Despite being expensive and facing ridicule during early days due to the ecosystem being different, they are now a one trillion behemoth, more than the GDP of some countries, due to having a vision for the brand.
  • What is the way to ensure you reach that vision? A vision is easy to have but tough to follow through on. This is because your vision may see many roadblocks and may not be the current flavor of the market, but it is the right thing to stick with it. Innovate in your product and service lines by taking into consideration what your customers want and need and items they themselves don’t know that they need. Despite enduring hardships, if you stick to your vision, it is easier to use that as a launchpad for being an immaculate and preferred brand.
  • What should the brand branch out into to avoid stagnation or imitation? While launching a product or service, it’s essential to understand where your competitors stand on the same product type or service line. How soon can they catch up to you and imitate your service or product? On the other hand, stagnation brings the ultimate demise of a brand, product, or service line. With little innovation and competitors saturating the market by imitating your product or service line, you’ll soon see your customer base dwindle. To ensure your customers don’t drop out, the key question to ask is, “What next?”. The best way to innovate or bundle your product or service is to understand what your customers struggle with and what value they are looking for. For example, Sony is known for its PlayStations, but competitors like Xbox don’t take long to catch up to their new products. How Sony does manage to stay ahead of the market is by constantly branching into new products and services.
  • What bundled service or product you can offer in conjunction with yours? Good partnerships are hard to come by, strategic ones are even harder. This question tackles two of your problems, how to offer  something new to your customers and how to reduce competitors in market. Your bundled service or product though has to make sense to the use, should complement your brand and cannot be an operational and logistical nightmare for your brand which then makes it counter-productive. Facebook’s acquisition of Instagram to consolidate on social images and short content rich video, is a strategic initiative to increase customer base as well as reduce competition at the same time. The key to building strong brand partnerships is to ensure your vision and product values align. Summing up, offering a bundled service or product in partnership will not only retain the existing customer base but also attract and increase new customers.

No matter why you are conducting a survey, you’ll find these 20 research questions at the core of “WHY” you want to know. Remember, your respondents will read or spend time with absolutely ANYTHING as long as they are at the center.  Be sure to keep these 20 questions in mind when creating your survey and everyone involved will save time, aggravation and money. You can use single ease questions . A single-ease question is a straightforward query that elicits a concise and uncomplicated response.

LEARN ABOUT: Marketing Insight

Beyond these 20 market research questions, here are 350+ Market Research Templates for you to use completely free!

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85 Market Research Questions to Understand Your Audience

  • by Sumant Vasan

Knowing your audience is the secret sauce of any successful business or campaign. But how do you crack the code and really get into the minds of your customers?

To truly understand your target audience, you need to ask the right questions. “85 Insightful Questions to Engage and Understand Your Target Audience” is an ultimate guide that provides you with the right set of questions that not only open doors to genuine insights but also help you create a real connection with your audience.

Whether you’re trying to refine your product, tailor your marketing strategy, or get a clearer picture of who’s on the other side of the screen, these questions are your ticket.

Get ready to dive deep, build trust, and unlock the valuable information within your audience’s answers.

Table of Contents

What are Market Research Questions?

Market research questions are crucial in gathering specific information and insights about a target market or audience. They are designed to analyze market trends and competitors and understand consumer preferences, behaviors, and opinions. You can use Quantitative Research Methods (surveys, polls, etc) or if you have a focus group, you can focus on a more qualitative structure.

Market Research to Collect Valuable Insights

market research questions for new business

Businesses can use market research questions to improve product creation, marketing, and sales decision-making. It’s important to pick questions that match the goals you have for your market research.

So, let’s get started. Below, you can find the breakdown of relevant categories and suggested questions. Feel free to customize your preference, but the market analysis questions below are a great start.

Consumer Insights:

Understanding your customers’ preferences, pain points, and purchase decisions is crucial. Armed with this knowledge, you can enhance what they like and address what they don’t like.

  • What drives your decisions when you buy something?
  • What changes or enhancements would you prefer in our products or services?
  • Rate your satisfaction level with our customer support.
  • Would you suggest our products to your friends or family?
  • What aspects of our product or service do you value the most?
  • How does our product/service fit into your daily lifestyle or routine?

Startup Questions:

In the world of startups, market research isn’t just helpful, it’s essential to your success. It is the key to validating your business vision, identifying your target audience, and anticipating potential opportunities and challenges. This research-focused feedback is crucial in shaping a product that truly reflects the voice of your audience and meets their needs.

  • Which attributes do you prioritize when choosing a [product/service]?
  • Are you open to adopting a novel [product/service] that better caters to your needs?
  • What would primarily influence you to pick one product over its rivals?
  • What is your budget for a [product/service] that fulfills your specific needs?
  • Which channels do you prefer for receiving updates about new [products/services]?
  • How do you like to purchase [products/services] – online, in a physical store, or via a mobile application?
  • In what ways do you think technology could further solve your current challenges in [specific industry/problem area]?

If You’re Launching a New Product

When you are getting ready to introduce a new product to the market, it can feel like you’re putting together a puzzle. Conducting market research helps you bring all the pieces together, highlighting potential interest, clarifying desired features, and outlining the characteristics of your target customer base. This strategic approach is a precaution against releasing a product that may not appeal to your audience.

  • How did you become aware of our latest product?
  • Based on the details provided, what are your first thoughts about our new product?
  • How excited are you to try our latest product?
  • Which features or advantages of our new product did you like the most?
  • Do you think the price of the new product is reasonable considering its value to you?
  • Do you have any concerns about the new product?
  • Would you like to participate in the new product’s test run or beta phase?
  • If you were to describe our new product in three words, what would they be?

Feedback on Current Product Line:

If you need insight into your current product, make sure you ask the type of questions that really matter. Actionable data is what you’re looking for, not the fluff.

  • On a scale from 1 to 5, how would you rate your happiness with our current product?
  • What difficulties have you had while using our product?
  • Are there any specific things you would like to see improved in our product?
  • How does our product stand against competitors in terms of functionality and cost?
  • If you could change one thing about our product, what would it be and why?

Psychographics To Help With Segmentation:

Using market research questions to split your market into different groups is like being an orchestra conductor. It allows you to adjust your marketing strategies, tailor your products to exactly what different groups want, and connect with each part of your audience in a way that really clicks. It’s all about ensuring each part of your marketing hits the right note with every group you’re trying to reach.

  • What age bracket do you fall into?
  • What is your gender identity?
  • What’s your current place of residence?
  • What level of education have you completed?
  • Are you employed, running your own business, studying, or retired?
  • What hobbies or pastimes do you enjoy?
  • Which methods of communication do you prefer?
  • How do you typically make your buying decisions?
  • What primarily motivates you to buy a particular product/service?
  • What media outlets do you frequently rely on for news and entertainment?
  • In what ways do your cultural or local influences affect your purchasing decisions?

Competitor Analysis:

Understanding your competitors’ strengths, weaknesses, and tactics can provide valuable insights into market share and potential ways to differentiate yourself in the industry. Using survey tools to analyze your competition is similar to conducting intelligence gathering, which enables you to gain strategic insights from the viewpoints of customers and industry experts.

  • Have you ever used products/services from our rivals?
  • How would you assess our competitors’ products/services regarding quality?
  • What do you consider to be the strong points of our competitors’ products/services?
  • What influences your preference for our products/services over our competitors’?
  • Are there any particular advantages or features of our competitors’ offerings that you find appealing?
  • How do our products/services stack up against our competitors regarding overall value?
  • How probable is it that you would suggest our products/services to others over our competitors’?
  • What areas do you feel our competitors miss out on, and how could we capitalize on these gaps?

Brand Recognition and Recall:

Assessing brand awareness helps businesses gauge the success of their marketing initiatives and their brand’s visibility in the marketplace. Market research questions on brand awareness can show how well your brand is recognized and perceived.

  • Were you previously familiar with our brand?
  • How did you come to know about our brand?
  • Which products of ours are you aware of?
  • Have you ever used or bought any of our company’s products?
  • What do you particularly like about our product?
  • On a scale from 1 to 10, how likely are you to recommend our brand to someone you know?
  • Can you recall any specific marketing or advertising campaign from our brand that left a lasting impression on you?

Price Perception and Expectations:

Determining an effective pricing strategy is crucial for attracting customers and maintaining profitability. Market research questions relating to pricing can provide insight into how customers perceive your prices compared to your competitors and what they value when considering price.

  • What price range do you find is fair for our product?
  • How does our pricing stack up against that of our market competitors?
  • What considerations do you consider when judging a product’s price?
  • Would you be ready to spend more on extra features or benefits?
  • How does the perceived quality of our product/service influence your willingness to pay a specific price?

Evaluating New Concepts:

Performing concept testing before fully developing a product allows businesses to test the waters with new ideas, ensuring they align with customer needs and have a viable market before significant resources are invested.

  • After reading the concept description for our new product/service, how interesting is it?
  • Which parts of the concept mainly catch your interest or seem appealing?
  • Based on the concept description, how likely are you to try or buy this new product/service?
  • What would be your main reason for trying this new product/service over others?
  • Is there anything lacking in the concept that would make it more appealing or valuable?
  • Would you suggest any changes or improvements to the concept to make it more appealing?
  • Based on the concept description, how much would you be ready to pay for this new product/service?
  • In considering new products/services, how much do you value sustainability and eco-friendliness?

Digital Footprint and Online Interaction:

Everyone is online. No secret there. So it’s clearly important to get insight into how they found you, if they liked the website experience and design if the content matched up to their expectations, etc.

  • How did you come across our brand or company online?
  • How often do you encounter our brand or company during your internet browsing?
  • Have you visited our website, and if so, what was your reason for the visit?
  • Do you follow our brand or company on social media platforms, and if so, which ones?
  • What is your impression of our brand or company’s social media presence (e.g., active, engaging, informative)?
  • Do you find our website and online material (like blogs or articles) user-friendly and informative?
  • What are your thoughts about the overall online experience with our website (considering aspects like speed, design, and functionality)?
  • How do you think our online presence compares with that of our competitors?
  • Are there any specific online platforms or websites where you’d like to see more activity from our brand or company?
  • What type of online content from our brand would make you more engaged or likely to interact (e.g., tutorials, customer stories, live Q&As)?

Understanding Company Image and Reputation:

Knowing how they view your brand is one of the most impactful lines of questioning. If they don’t trust you or feel the authenticity, you lose them as customers. Ask them, point blank, what do you think about our positioning. Do we come across as worthy of earning your business? Get real here, it matters.

  • How would you describe your overall view of our company?
  • In your opinion, what are the strengths of our company?
  • Based on your current view, how likely are you to recommend our company to others?
  • Are there particular elements of our company’s reputation that stand out?
  • What are your thoughts on how our company handles customer feedback and issues?
  • Have any specific events or experiences significantly shaped your view of our company?
  • Can you share a particular experience, either positive or negative, that has significantly shaped your perception of our company?
  • How do you view our company’s commitment to social and environmental responsibilities?

This set of questions is highly flexible, so you can tailor them to fit your market research requirements and your audience’s unique features. With the help of this toolkit, you have all the necessary resources to discover significant insights that can help you advance your business strategies.

How to Make the Most of Your Research Questions

market research questions for new business

A solid market research process is crucial because it’s the backbone of informed decision-making in your business. It’s like having a roadmap in unknown territory, guiding you to understand your customers, competitors, and the market.

To make the most of it, be clear about what you want to learn, and choose methods and questions that get you those answers. It’s not just about gathering data, but analyzing it to spot trends, understand behaviors, and predict future moves.

Remember, the goal is to convert this knowledge into actionable strategies that boost your business, not just to collect information. So, every step in your market research should be intentional, aiming to provide insights that directly support your business objectives.

Related posts:

quantitative research

  • 33 Best Market Research Question Examples

busayo.longe

To build a successful business, it is important to gather useful insights through market research. More than anything else, carrying out market research helps you to collect necessary information and make the right business decisions with regard to market segmentation and product differentiation. 

In this article, we will share sample questionnaires for different types of market research; specifically product, client, and customer market research. We will also show you how to use Formplus to create a simple online research questionnaire in no time. 

What is Market Research? 

Market research is the process of gathering valuable information about the needs of your target market, consumer behaviors, and market challenges. Conducting market research helps you to determine the feasibility of a product or service before its introduction to the market. 

During market research , an organization can collect primary and/or secondary data. Primary data refers to information that is collected directly from the research participants and target markets while secondary data refers to already-processed information about the research context and subject(s). 

Importance of Market Research

  • Improves Sales

Market research provides unique insights into the expectations of your customers and clients, which helps you tailor your product to meet their specific needs. This would ultimately help to increase your sales.

  • Identifying New Business Opportunities

With market research, you’d be able to spot untapped business opportunities in your industry and work on building a product in line with this. You can discover new geographical concentrations for your target market, for instance. 

  • Reduces Business Risks

As a business owner, your priority should be taking calculated risks and this can be achieved when you have forehand knowledge of the dynamics of your industry. Conducting market research arms you with useful insights that will help you make the right business decisions.

  • Advertising

Market research also improves your advertising by helping you to identify the best channels to reach your customers. You’d better understand market demographics and also know the channels that can yield the best returns in terms of lead generation and sales. 

  • Competitive Advantage

With better knowledge of market needs and consumers’ preferences, you’d stay ahead of your competition. For instance, you can identify neglected market segments and focus on penetrating them. 

Market Research Questionnaire Examples for Product 

Product market research questions trigger responses that reveal how well-suited your product is for the target market. The right product-market research questions provide useful insight into the feasibility of the product before it is launched. Here are 11 question samples for your product market research questionnaire. 

  • What is your deciding factor for product patronage?

This question would help you focus your product’s unique selling point on what the target market considers valuable. For instance, if the deciding factor for your target market is affordability, you would want to work on a fair pricing rate for your product.

  • How likely are you to purchase groceries online?

Since you want to create a product that satisfies a specific need, you need to be sure your target market would be willing to buy into your idea. If the market has no need for an online grocery store, there’s little or no reason for you to launch one.

  • Which product features are most valuable to you?

You can tweak this question in line with your specific product. Data gathered via responses would help you identify the product features you need to invest in.

  • Would you be willing to subscribe to a weekly business newsletter?

Questions like this would help you decide whether you need to go ahead with a specific development plan for your business. If you want to launch a newsletter, it helps to know if you have a willing audience for it.

  • Would you like to process orders and payments in a single form?

This type of question would help you identify the need(s) of the market and you can work on creating a product or developing a feature to meet this need.

  • Who is your trusted internet service provider?

If you’re looking to penetrate a new market, it is important for you to identify the existing competition; that is, organizations that provide similar services in your industry. Asking prospective customers to identify the brands they trust is an essential part of your competitive analysis.

  • What challenges do you face with 3rd party logistics companies?

This question would help you to identify the specific needs of your target market. You can focus your product on providing solutions to the challenges highlighted.

  • Would you find this product useful?

This is a straightforward question to determine whether your product fills a specific need in the market.

  • Would you be willing to pay in installments for this service?

Questions like this would help you identify product features that your target market considers to be valuable.

  • How much are you willing to pay for this product?

This question would help you fix a reasonable price for your product. While your product may be excellent, ensuring its affordability is key to penetrating the market effectively.

  • How much do you spend on groceries every month?

This question would provide insights into the purchasing power of your target market.

Read: Research Questions: Definition, Types, +[Examples]

Market Research Questionnaire Examples for Customer

To better under your customers’ perceptions of your product, you can create and administer a market research questionnaire. A market research questionnaire for your customers should include questions that focus on the usefulness of different aspects of your product delivered to your customers. 

You’d also want to centralize questions that bother on customer demographics, challenges, specific needs of your customers, and how your product meets these needs. Here are 11 specific questions you can include in your market research questionnaire for customers: 

Demographic Questions

These questions will help you better understand who your customers are and also help you create an accurate buyer persona.  Knowing who your customers are and what appeals to them means that you would be able to focus your product on what appeals to them. 

  • What is your monthly income range?

Knowing how much your customers earn gives you a hint of their purchasing power and how much they can typically spend on your product. This will inform the pricing of your product so that you do not price yourself out of business.

  • How much do you spend on shopping every month?

Just like you, customers work with a budget and are more likely to purchase products whose costs fit into this. Responses to this question will help you fix an appropriate fee on your product.

  • Where do you prefer to shop?

Catering to customer preferences is one way of securing repeated patronage. Responses to this question will inform your business expansion plan. For example, if your customers prefer shopping online, you can set up a Formplus online order form to allow them to place orders for items and make payments conveniently. 

  • How old are you?

This question will help you identify the age group that your product appeals to the most. Knowing this would help you craft marketing and advertising campaigns that appeal to the members of this group.

Feedback Questions

These questions help you to collect insightful information about customer experience; that is, how customers perceive your product and overall delivery. Responses to these questions would let you know why your customers buy from you and how well your product meets their needs. 

  • What specific needs does our product meet for you?

This question helps you to identify the unique selling point of your product. You would know why customers patronize your brand and you can leverage this information for better marketing and advertising.

  • How would you rate our product delivery?

Responses to this question are a direct reflection of your customer’s perceptions of your product delivery. For better insight, you can ask them to provide reasons for their ratings.

  • What challenges did you encounter while using our product?

These questions help you to identify business weaknesses from the point of view of the end user. If left unattended to, competitors can capitalize on these weaknesses to increase their customer base.

  • How likely are you to recommend our product?

Happy customers are one of the most effective marketing tools as customers will only recommend a product they are satisfied with. If more people are eager to recommend your product, it means that your business and brand is on the right track.

Other market research question samples are:

  • How would you rate our customer experience?

Feedback on customer experience is important because it helps you improve your brand’s relations with its customers across different business touchpoints.

  • What do you think about product pricing?

This question would help you adjust your product pricing appropriately. If customers think your product is too expensive, they may stop buying from you.

  • How often do you use our product?

This question would help you track repeated patronage and to know how your product fits into your customers’ everyday lives.

Market Research Questionnaire Examples for Client 

Clients are individuals and organizations that you provide specific services for. Just like with customer market research questions, market research questions for clients help you assess your service delivery, identify clients’ unique needs, and gather useful insights via feedback. Here are 11 sample questions for you: 

  • How would you rate our service delivery?

This is a feedback question that will help you understand how well your service meets your client’s needs.

  • What challenges are you experiencing with our services?

Responses to this question would highlight areas needing improvement in your overall service delivery.

  • Would you be willing to recommend us to your network?

If the answers to this question are in the affirmative, then you can be sure that your clients are quite impressed with the service you provide.

  • What specific needs do our services meet for you?

To clearly map out the value of your product from the clients’ perspectives, ask them to identify the specific needs your services meet for them.

  • How can our service delivery be better?

This is another feedback question that would help you improve your services to better cater to the needs of your clients.

  • For how long have you been a client?

This question helps you to gather meaningful data to improve your client retention strategies.

  • What do you like the most about our services?

This question would help you identify the unique selling point of your services.

  • How would you rate your last experience with us?

With this question, you’d be able to gather valuable information about a client’s experience with your services.

  • What do you dislike about our service delivery?

This question allows clients to highlight areas needing improvement in your service delivery. The data gathered would help you improve your services for the benefit of your clients.

  • Are our services helpful?

This is a simple question that requires clients to highlight the value of your services.

  • Why did you choose us?

How to Create an Online Research Questionnaire 

With Formplus, it is easier for you to create and administer an online questionnaire for market research. In the drag-and-drop form builder, you can add preferred form fields and edit them to suit specific research needs. Here’s a step-by-step guide on how to go about it: 

  • Sign in to your Formplus account. In your dashboard, click on “create new form” to get started on your online research questionnaire.

market research questions for new business

  • Drag and drop preferred fields into your online questionnaire. You can edit form fields to include market research questions. You can also make some fields hidden or read-only depending on your research needs.

market research questions for new business

  • Use the form customization options to tweak the appearance of the online research questionnaire. You can add preferred background images, add your organization’s logo or tweak the form font.

online-research-questionnaire

  • Finally, copy the form link and share it with form respondents. You can use one or more of the multiple sharing options including the social media direct sharing buttons and the email invitation option.

market research questions for new business

Conclusion 

While creating your market research questionnaire, it is important for you to tailor its questions to specific contexts. For instance, if you are conducting product market research, you should ask questions that would provide useful information on product feasibility among other things. 

Conducting market research yields multiple benefits for your business. To make the process seamless and easy to coordinate, you can set up an online research questionnaire with Formplus and share this with your customers, clients, and target market(s). 

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80+ Market Research Questions to Ask your Target Audiences

market research questions for new business

To remain competitive in the current business landscape, keeping up with the ever-changing market trends is not just an option but an absolute necessity. By adapting your customer interaction points and developing strategies that not only attract but also convert potential leads into loyal customers, you can solidify your standing in the industry.

But how can you achieve all of this effectively and efficiently? The answer lies in the power of market research and, more importantly, in asking the right survey questions .

Build & Send your Market Research Surveys🔥

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Market research can navigate your company by helping you understand your audiences and customers better, identify shifting trends, and maintain that sought-after competitive advantage. In this blog, we'll throw light on the most compelling market research questions and best practices that can unveil valuable insights and give you a strategic edge in the ever-evolving market. 

Table of Content

What are market research questions.

  • For Customers
  • For Startups
  • For New Product Launch
  • For Existing Product
  • To Segment Target Market
  • For Competitive Analysis
  • To Check Brand Awareness
  • Pricing Analysis
  • For Concept Testing
  • To Understand Online Visibility
  • For Reputation Management
  • For Messaging & Advertising

Best Practices for Market Research Questions

Why do market research, top 10 market research questions.

Market research questions are designed to gather specific information and insights about a target market or audience. These questions play a crucial role in conducting systematic research to understand consumer preferences, behaviors, and opinions, as well as to analyze market trends and competitors.

You can use a market research survey template offered by Zonka Feedback to make informed decisions, identify opportunities, and develop effective strategies to stay competitive. If you are looking for a ready-to-use market research survey template, here is one that can gain you customer insights, consequently increasing customer satisfaction .

Market Research Questions to Gather Insights

Market research questions can help to optimize the decision-making process for businesses across various stages, from product development to marketing and sales. However, choosing the right market research questions should be based on what you want to achieve through market research. You can leverage microsurveys like the Net Promoter Score or Customer Satisfaction Surveys to conduct market research or create a comprehensive survey to gauge various aspects. Let us look at market research questions aimed at different user personas and business goals. 

1. For Customers

Understanding customers' preferences, concerns, and buying behavior are vital for your business to provide exceptional customer experiences . With this knowledge, you can focus on enhancing the aspects your customers love while working on areas that need improvement. 

What factors influence your purchasing decisions the most? What improvements would you like to see in our offerings?  How satisfied are you with our customer service?  Would you recommend our product to others? Which specific features of our product/service do you find most valuable?

2. For Startups

For startups, market research is crucial to validate business ideas , identify target markets, and uncover potential opportunities and challenges. Seeking product feedback for your startup in the early stages of brand development can be especially valuable in refining your beta version of the product and can help to create a product that truly resonates with your target audience.

What challenges do you currently face in [relevant industry/problem area]? What features are most important to you when considering a [product/service]? Would you be willing to try a new [product/service] if it addresses your needs more effectively? What would be your primary reason for choosing a product over competitors? How much would you be willing to pay for a product/service that meets your requirements? What are your preferred communication channels to learn about new products/services? How do you prefer to purchase product/service - online, in-store, or through a mobile app?

There are certain questions that you should be establishing as a startup before entering the market. Consider these market research questions to refine your startup's value proposition and make well-informed decisions to position your venture for success.

What are the total addressable market (tam), serviceable available market (sam), and share of the market (som)? What is your USP? Are you planning to refine your beta version of the product with beta testing survey ?  How would you onboard new customers? What are the potential barriers or challenges you may face in acquiring customers? How does the pricing of your product/service compare to the perceived value among customers?

3. For New Product Launch

Market research for new products helps locate potential demand, get product feature requests , and identify target markets, reducing the risk of launching a product with limited appeal. Consider these market research questions for new products that you can ask your customers.

How did you first hear about our new product? What is your initial impression of the new product based on the information provided? How interested are you in trying out this new product? What features or benefits of the new product appeal to you the most? How does the pricing of the new product align with your expectations and perceived value? Are there any specific concerns you have about the new product? Would you be open to participating in a trial or beta testing for the new product?

4. For Existing Product

For companies that thrive on product-led growth , customer feedback on the existing product is the key to success. Market research for existing products helps in understanding changing customer needs and market trends, ensuring that the product remains relevant and competitive. 

On a scale of 1-5, how satisfied are you with our current product? What challenges are you facing in using our product? What additional features or improvements would you like to see in our product? How does our product compare to competitors in terms of performance and pricing?

5. To Segment Target Market

By asking market research questions, you can segment your target market based on various demographics, interests, behaviors, and preferences. Through user segmentation , you can create more targeted marketing campaigns, tailor products/services to specific needs, and effectively reach and engage your diverse user base. Here are some of the demographic survey questions that you can ask to segment your target market. 

What is your age group?  What is your gender? Where do you reside? What is your education level? Are you employed, self-employed, a student, or retired? What are your hobbies or interests?  What are your preferred modes of communication? How do you prefer to make purchase decisions? What are your primary reasons for purchasing a specific product/service? Which media channels do you use most frequently for information and entertainment? 

6. For Competitive Analysis

Understanding competitors' strengths, weaknesses, and strategies can help you dig deeper into market share and identify opportunities to stay ahead in the market. You can leverage survey collection software to perform competitive analysis and gather valuable analytics for marketing and conversion rate optimization. Consider these market research questions to ask your customers about competitors. Consider these market research questions to ask your customers about competitors.

Have you ever used products/services from our competitors? How would you rate the products/services of our competitors in terms of quality? What do you perceive as the main strengths of our competitors' offerings? What factors influence your decision to choose our products/services over those of our competitors? Are there any specific features or benefits offered by our competitors that you find appealing? How do you think our products/services compare to those of our competitors in terms of overall value? How likely are you to recommend our products/services over those of our competitors to others?

7. To Check Brand Awareness

Assessing brand awareness helps businesses measure the effectiveness of their marketing efforts and brand visibility in the market. Market research questions for checking brand awareness can include:

Have you heard of our brand before? How did you first learn about our brand? Which of the following products do you associate with our company?  Have you ever used or purchased any products from our company? What feature do you like the most about our product? On a scale of 1 to 10, how likely would you recommend our brand to a friend or colleague?

8. Pricing Analysis

Determining the right pricing strategy is crucial to attracting customers while ensuring profitability. Market research questions for pricing analysis can include:

What price range do you consider reasonable for our product? How does our current pricing compare to competitors in the market? What factors do you consider when evaluating the pricing of a product? Would you be willing to pay more for additional features or benefits?

9. For Concept Testing

Before launching the final product, performing concept testing allows businesses to evaluate the viability of new ideas before investing resources in full-scale development. By doing so, you can tailor your product according to customer needs and assess the overall feasibility of your new product idea.

Please read the description of the new product/service concept carefully. How appealing does this concept sound to you? What specific aspects of the concept do you find most appealing or interesting? How likely are you to consider using or purchasing this new product/service based on the concept description? What would be your primary reason for choosing this new product/service over similar offerings in the market? Is there anything missing in the concept that you believe would make it more appealing or valuable? Is there anything you would change or improve in the concept to make it more appealing to you? How much would you be willing to pay for this new product/service, based on the concept description?

10. To Understand Online Visibility

In the digital age, online visibility is crucial to reach their target audience effectively. Whether you want to drive in-store customers or online, the route is by following online visibility. Conducting an online survey is the easiest way to understand this. Consider these market research questions to understand online visibility.

How did you discover our brand/company online? How frequently do you come across our brand/company while browsing the internet? Have you visited our website? If yes, what was your purpose for visiting? Are you following our brand/company on social media? If yes, which platforms? How do you perceive our brand/company's presence on social media? (e.g., active, engaging, informative) Do you find our website and online content (blogs, articles, etc.) easy to navigate and informative? What do you think about the overall user experience on our website? (e.g., website speed, design, functionality) How does our online presence compare to that of our competitors? Are there any specific online platforms or websites where you would like to see our brand/company more active?

11. For Reputation Management

Monitoring and managing your brand's reputation is essential for improving customer loyalty and business revenue. A major part of market research includes knowing what customers think and speak about your business. Including customer feedback and trends in your analysis will allow for more accurate predictions in your revenue forecasting software . Here are some market research questions for reputation management.

How would you describe your overall perception of our company? What do you think is our company's strengths? How likely are you to recommend our company to others based on your perception? Are there any specific aspects of our company's reputation that stand out to you? How do you feel about our company's responsiveness to customer feedback and concerns? Are there any specific incidents or experiences that have influenced your perception of our company?

12. For Messaging & Advertising

Crafting compelling messaging and advertising campaigns that resonate with the target audience is crucial for driving engagement and conversions. Your advertising should be in sync with your business goals and brand identity to communicate your unique value proposition. 

Have you come across any of our recent advertising or marketing campaigns? If yes, please specify where you saw or heard them. How well do you think our advertising aligns with your needs and preferences as a customer? Are there any specific advertising channels or platforms where you believe our brand should have a stronger presence? How likely are you to take action (e.g., visit our website, make a purchase) after seeing our advertising? Which specific elements of our advertising (e.g., visuals, slogans, offers) do you find most memorable? Have you ever shared or engaged with our advertising content on social media? Do you find our advertising to be informative and educational about our products/services?

Before you start framing your market research, it is essential to follow these best practices to ensure the effectiveness and reliability of your data:

Things to Do

  • Decide your Goals : Clearly define the objectives of your market research. Determine what specific insights you aim to gather and how they will support your business decisions.
  • Segment your Audience : Understand that different customer segments may have distinct needs and preferences. Tailor your survey questions to target specific groups, allowing for a more focused analysis.
  • Choose the Right Survey Question Type : Select appropriate question formats based on your goals. Use a mix of multiple-choice questions, open-ended questions , Likert scales , and rating scales to capture both quantitative and qualitative data.
  • Incentivize your Survey : Offer incentives to encourage participation and increase the response rate. It could be in the form of discounts, gift cards, or entry into a prize draw.

Things to Avoid

  • Avoid Double-Barreled Questions : Double-barreled questions combine two or more issues into one question, making it challenging for respondents to provide clear and accurate answers. Keep your questions focused on one topic at a time.
  • Avoid Leading Questions : Leading questions are worded in a way that influences or biases respondents' answers. Aim for neutrality and objectivity in your questions to obtain unbiased data.
  • Avoid Too Many Questions : Lengthy surveys can lead to respondent fatigue, resulting in incomplete or rushed answers. Keep your survey concise and relevant, ensuring it can be completed within a reasonable timeframe.

All the popular companies in the market currently, whether it is Apple, Zappos, or Spotify, rely heavily on market research. Let us look at the reasons why you must consider market research to drive growth.

  • Identifying Market Opportunities : Market research helps identify emerging trends, unmet needs, and untapped market segments, providing valuable opportunities for businesses to expand and innovate.
  • Testing Product Concepts : Before launching a new product or service, market research can be used to gauge customer interest and receive feedback on potential concepts, get product idea validation , and reduce the risk of product failure.
  • Evaluating Marketing Campaigns : Market research allows businesses to assess the effectiveness of their marketing efforts, whether it is driving NPS campaigns or launching new advertising initiatives. It helps to refine messaging, targeting, and channels for better results.
  • Measuring Customer Satisfaction : Understanding customer satisfaction levels and identifying areas for improvement is crucial for retaining customers and building brand loyalty.

Now that you know the power of market research and how it can improve your offering and enhance customer experience, let us quickly recall the top 10 market research questions that can drive your business forward.

  • What are the primary factors influencing your purchasing decisions?
  • How satisfied are you with our product?
  • What are the most desirable features you look for in a product?
  • How did you first hear about our brand/product/service?
  • What do you consider a fair price for our product?
  • What improvements or additions would you like to see in our offerings?
  • On a scale of 1-5, how likely are you to recommend our brand to others?
  • What are the main challenges you face when using our product?
  • How well do you think our product compares to competitors in the market?
  • Which aspects of our advertising or marketing message do you find most compelling?

From identifying market opportunities and testing product concepts to measuring customer satisfaction and tracking brand awareness, market research questions play a vital role in allowing you to adapt and innovate in a rapidly changing marketplace. By listening to your customers and gaining valuable feedback through market research, you can refine your products and marketing efforts to better meet customer expectations .

For creating a market research survey, it is important that you leverage an omnichannel survey software that enables you to create impactful surveys, share them across multiple channels with your target customers, and gather and analyze valuable feedback using reporting features.

Zonka Feedback is one such powerful market research software that can help you do all of that, along with offering survey logic & branching , segmenting your customers, measuring trends, and closing the feedback loop .

You can sign up for a 14 -day free trial to create effective market research surveys and see how it works for you. 

Published on Jul 25, 2023. Updated on Jul 10, 2024.

Kanika

Written by Kanika

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30 market research questions for startups to ask

  • Market Research

30 market research questions for startups to ask

Kimberly Houston

Business owners say that a lack of market research is one of the top reasons that businesses fail. It’s proof that while good ideas are powerful, they’re not enough to ensure the success of your startup.

If you want your new business to thrive, then robust market research is a necessity. And an essential part of the process is asking the right market research questions for startups.

In this article, we’ll discuss types of market research, review why market research is important for startups, and outline methods for conducting a market research survey. Then we’ll help you get started by sharing 30 example market research questions for startups to ask and highlighting how Jotform can help startups create the perfect market research survey.

The benefits of market research for a startup

Market research is the process of collecting data about the audience for a product or service (such as information on their attitudes, opinions, buying behavior, level of customer satisfaction, and awareness of your brand). This data is then combined with research on market size, competitors, and industry trends.

You can use the insights you’ve gathered from this research to create or enhance a positive user experience, improve your brand’s products and services, differentiate your company in the marketplace, and make other decisions that will ensure your startup succeeds.

While it certainly would be disappointing to discover that there’s no market for your potential solution, understanding this before you sink months or years of your blood, sweat, and tears into a project will save you a lot of headache and heartache going forward.

Market research can be helpful in many other ways. It allows you to

  • Test your ideas
  • Clarify and understand your ideal client profile (ICP)
  • Attract investors by gathering data that proves the viability of your idea
  • Differentiate your startup by analyzing the competition
  • Identify market gaps where you have a competitive advantage
  • Mitigate risk and boost the odds of success
  • Determine the right pricing strategy
  • Gather insights for developing your marketing and branding strategy
  • Improve your current product or service based on customer feedback
  • Understand shifts in the marketplace so you can adapt your business accordingly

Market research can provide a solid road map for making the kind of informed, data-driven decisions that will help you navigate the twists and turns along the way to startup success.

Types of market research

The two main types of market research are primary research and secondary research.

Primary market research is the process of gathering market data directly from your target audience through methods such as in-person interviews, questionnaires, online surveys, phone interviews, focus groups, and existing customer reviews.

Secondary market research is the process of reviewing information third parties have collected and shared via industry publications and studies, academic journals, news sites, white papers, and public databases.

Primary and secondary research can be both qualitative and quantitative. With qualitative research , you discover how your target audience thinks and feels, often by asking open-ended questions on a survey or reviewing interview transcripts. With quantitative research , the data you gather is numbers-based and measurable, such as test scores, website traffic numbers, subscriber counts, or numbers and percentages you’ve gathered from survey question responses.

Methods for conducting a market research survey for startups

A market research survey for startups should aim to collect reliable data on the target audience, competitors, and industry trends. This data can help you create an effective marketing strategy that appeals to your ICP, a value proposition that differentiates your startup from competitors, and an understanding of trends in your market.

There are several reliable methods for collecting market research data. Four common approaches include in-person interviews, telephone interviews, focus groups, and online surveys .

In-person interviews

Interviews are one-on-one conversations with people in your target market. You can conduct them through video if a face-to-face meeting isn’t possible. In-person interviews allow you to read non-verbal cues, which can be helpful for getting context you wouldn’t otherwise have access to.

Telephone interviews

Telephone interviews involve asking your participants questions over the phone. Because respondents aren’t meeting face to face or on camera with an interviewer, they may feel more comfortable answering questions and sharing more information. That said, not many organizations use phone surveys these days because many people won’t answer a call from a number they don’t recognize.

Focus groups

Like interviews, focus groups are also conducted in person, but they involve a small group of people who are representative of the target market. In this setting, a trained moderator asks questions about participant opinions, interests, and tastes related to a product or service, user experience, company branding or marketing, or competing products and services.

Online surveys

This method of conducting market research involves distributing surveys via email, a website, or social media. Online surveys often have a higher response rate than other methods because they are convenient for respondents — anyone with an internet connection can complete them online on any device.

Advantages of online surveys for conducting market research

Online surveys are a popular and powerful way to conduct market research because of their many advantages:

  • They offer an easy, low-cost way to collect lots of data, which means you can get a statistically reliable sample to base your decision-making on.
  • The data you gather with online surveys is usually straightforward to analyze.
  • You can use them to reach a specific target market.
  • You can use them to collect both qualitative and quantitative data on customer preferences, market trends, and more.
  • You can distribute them to anyone with an internet connection in any location around the world.
  • Participants can access them easily and complete them more quickly.
  • Because online surveys can be anonymous, respondents may be more likely to share their honest thoughts and opinions.
  • They’re more accurate than other methods because respondents record their answers directly into the survey, rather than having someone else record responses.
  • You can analyze results quickly and share them easily with others.

30 example market research questions for startups

There are several question types you can include in your market research survey, such as yes/no or single choice questions, multiple choice questions, open-ended questions, star rating questions, ranking questions, and more.

Let’s take a look at 30 example market research questions for startups.

Yes/no or single choice questions

  • Do you ever purchase products/services in this category?
  • Have you purchased our product/service before?
  • How many other products like this do you own?

Multiple choice questions

  • How many similar products/services like ours have you tried?

[0; 1–2; 3–4; 5 or more]

  • What’s your main source of information for products/services like ours? [Include a list of options.]
  • Which of these companies have you purchased this product from in the past six months? [Include a list of competitors.]
  • What would you be willing to spend on an effective product/service in this category? [Include a list of price categories.]
  • How do you prefer to purchase products like ours? [Include a list of choices: online, in the store, or through a mobile app.]

Star rating questions

You can introduce these questions with instructions like: Please select an answer between 1–5 stars, with 1 being the lowest rating and 5 being the highest.

  • How would you rate our customer service?
  • How would you rate our product selection online?
  • How would you rate the ease of using our communication channels to contact us?

Ranking questions

  • On a scale of 1–5, how would you rate the effectiveness of our product/service?
  • Which product features do you use the most? Rank them in order, from most to least.
  • In order of importance, please rank the top three things that persuaded you to consider our product rather than a competitor’s.
  • On a scale of 1–10, how likely are you to recommend our product/service to your friends, family, and colleagues?

Checkbox questions

  • Which of the following features do you use in our app? [Include a list of 4–5 app features.]
  • Which of the following features are most important to you when considering a product or service in this category? [Include a list of 4–5 features of your product/service.]

Open-ended questions

  • What has the greatest influence on your purchasing decisions: price, quality, ease-of-use, or something else?
  • What was your biggest concern about purchasing our product/service?
  • What were your first impressions of our product/service?
  • What do you like most about our new product/service?
  • What do you like least about our new product/service?
  • What do you wish our product/service did that it doesn’t do?
  • What feature do you think we should add to help improve the product experience for you?
  • How would you feel if this product/service was no longer available?
  • What challenges do you currently face in your industry (related to this product/service)?
  • What problem were you trying to solve by buying a product/service in this category?
  • What similar products/services have you used to solve this problem in the past?
  • Describe what was happening the day you decided to solve this problem.
  • Is there anything else you’d like to add that wasn’t addressed in any of the previous questions in this survey?

Create a market research survey for your startup with Jotform

You can easily create a survey using one of Jotform’s 70-plus marketing survey templates . Simply choose a template and customize it to match your goals and your company’s branding. Then share it with a link, through email, or by embedding it on your website to start collecting responses.

The free market research survey template is fast and easy to set up. It allows you to collect demographic information such as age, gender, household income, and education level, and its multiple-choice format makes it simple for respondents to complete. Customize it with your company logo, change the text and colors, and you’ll be ready to go. Or for another option, choose this market research template .

It’s easy to embed surveys in a website , and thanks to Jotform Tables , you can collect, organize, and manage data as well as track survey responses in an all-in-one workspace. Finally, Jotform Report Builder allows you to visualize your survey results and turn them into beautiful, professional reports and presentations that automatically update with each new submission. You can present your reports or share them in seconds — for free.

Photo by Annie Spratt on Unsplash

Thank you for helping improve the Jotform Blog. 🎉

Kimberly Houston

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How to do market research for your business idea

Last updated

3 April 2024

Reviewed by

Market research provides valuable data that ensures your business idea resonates with customers and generates demand. If the research confirms consumers are interested, you can build a business delivering the product or service. If not, you can use the findings to adjust your idea so it reflects what customers want.

Conducting market research and analyzing the results can mean the difference between success and failure. Let's look at how you can do market research for your business idea and turn it into a thriving enterprise.

Market analysis template

Save time, highlight crucial insights, and drive strategic decision-making

market research questions for new business

  • What is market research?

Market research refers to analyzing your business's target market to evaluate the viability of your business idea. You will learn why, or even if, consumers want to purchase your service or product, their spending habits, and their purchasing decisions.

By understanding the market, you can:

Make better products

Improve user experience

Offer competitive prices

Find ways to attract the most customers

Market research is critical to starting and growing a successful business.

  • Why is market research important?

Consumer behavior plays a crucial role in determining the success of a business. Your consumers will not only buy your products or services but will also either warn against or recommend your company to others.

Understanding what your customers want and how they think, feel, and make decisions is the first step in delivering their needs.

There are many reasons for conducting market research. Let’s look at the most important ones.

Gives you a better understanding of your customers 

Market research will help you, as an entrepreneur, better understand your target customers. You will gather insights into their:

Demographics

Pain points

Buying habits

Preferences

As such, you can tailor your products or services and create a customer experience that appeals to your potential customers . Market research can:

Drive customers to your store, product, or service

Help you turn clicks into conversions

Maintain a customer-centric approach

Build loyalty and trust

Helps businesses make informed decisions

Market research not only provides data about customers but also uncovers market trends and growth patterns. This minimizes your reliance on gut feelings, assumptions, and guesswork.

You can set realistic goals and make the right choices for your business. You'll know:

What to expect in the future

What will work in the market

How you can reinvent your business to stay relevant

Making data-driven decisions will boost your chances of getting it right the first time.

Identifies opportunities for growth

Market research helps startups identify opportunities to improve and gaps they can fill. You may pinpoint new customers who could benefit from your business idea. These could be in areas where your business does not have a presence or is falling behind its competitors.

Market research can also reveal partnership opportunities with businesses that already have an established customer base with your target audience. It can also identify the shortcomings in your business idea and help you avoid expensive mistakes.

You can also uncover opportunities for product bundles, add-ons, and other value-adds that increase your profits. Having the right knowledge can help drive profitability.

Minimizes risks

Every business deals with a range of risks including:

Operational

Business risks usually arise when there's uncertainty around profits, strategy, and other elements. These risks can significantly affect a business's bottom line, including its reputation among consumers, leading to:

Lower profits

Inefficient processes

Possible failure

Conducting market research will help identify the potential risks associated with your business idea early on. You can stay informed of laws and regulations, refine your workflows and processes, and develop risk-management strategies that reduce the chances of failure.

Establishes product or service viability

As an entrepreneur, the last thing you want is to invest resources and money in an idea no one wants or needs. You can use market research to test your business idea before investing.

Market research for your business ideas will help you to;

Understand what the core product and its features need to look like

Gauge market demand

Gather information about your competitors' actions

This will help you validate or refine your initial business idea based on the collected feedback and data.

Shapes marketing and branding strategies

An effective marketing strategy ensures your business stays in sync with your customer base. To create successful campaigns for your business, you must know and understand customers to reach and connect with them.

Market research can help determine how you communicate information about your products or services and your marketing channels. You can develop an informed marketing strategy that puts your business ahead of your competitors.

  • Types of market research

Primary and secondary market research are the basic types of market research. However, as technology and marketing become more sophisticated, entrepreneurs can use new ways to discover valuable information that can create better insights, and better product and service experiences.

These market research methods include:

Brand awareness research

Competitor analysis

Market and customer segmentation

Pricing research

Customer satisfaction and loyalty research

Product research

Campaign research

Customer research

The type of market research you choose will influence your critical business decisions. Therefore, select the right research methods to help your business stay relevant, adapt, and compete. Entrepreneurs can use different types of market research to allow for more granular data collection .

  • Primary vs. secondary research

Primary research

Primary research involves collecting new data from original sources. This involves going directly to your target market or employing a third party to conduct relevant studies on your specific customers or market segment .

Primary research methods include:

Focus groups

One-to-one interviews

Consumer observation

Data is collected directly from respondents, allowing you to gain specific insights tailored to your objectives. This may include a firsthand perspective on consumer preferences, behaviors, and trends.

Primary research helps you to:

Create buyer personas

Improve your business idea

Segment your market

Secondary research

Secondary research involves using pre-existing data from various sources to gain insights into your target market and industry. This includes reviewing reports, studies, and data collected by others in your industry.

Secondary sources include:

Industry reports

Internet search engines

Government publications

Statistical databases

Academic papers

Industry experts

From secondary research, you will gain broader industry perspectives, competitor strategies, historical data trends, and context for understanding market dynamics. Since most of this information is freely available, secondary research is more cost-effective for startups.

  • How to conduct market research for your business idea

1. Define your target market

Entrepreneurs can only gather meaningful insights once they know who to include in their market research. Otherwise, you may waste resources collecting unnecessary data.

First, define and understand your target market. Work out which types of consumers will be included, their interests, and how the data will be collected.

Ask these questions to help you:

Who is your target market as a whole?

How old are they?

What characteristics, interests, desires, pain points, and needs do they share?

Where do they buy similar products?

What are their income ranges?

Where do they live?

What major challenges do they face?

The idea is to visualize your audience and understand their actual characteristics, buying habits, and possible challenges. This allows you to develop marketing research that targets people who are interested in what you offer or plan to provide.

2. Develop a market research plan

Like any other business process, market research requires an effective plan to be successful. You should know what you're trying to accomplish and the information you'll need.

Your market research plan should include the following:

The issues your business idea addresses

Clear objectives and goals

The research methods you'll use to achieve those objectives (the research design)

The estimated time frame to complete tasks

The required budget

Any ethical issues or other considerations that may arise

Planning your market research can save you time, effort, and money. You'll not only target the right audience but also invest in the right sectors and align your research with your business objectives.

3. Study your competitors

Knowing your competitors , what they offer, and how they position themselves in the market can help set you on the right path.

Research your competitors':

Brand reputation

Overall strategies

Marketing campaigns

Revenue or sales volume

Other activities

This can help you determine how to differentiate your business from theirs and learn from their strengths and weaknesses. You'll understand the business landscape and be better able to assess your chances of success.

4. Conduct a SWOT analysis

A SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis is a powerful way to analyze your business idea. It will help you assess your internal capabilities and the external market conditions to identify potential advantages and challenges.

A SWOT analysis usually entails the following:

Strengths: This involves identifying the strengths of your business idea. Some common strengths you can evaluate include your idea’s competitive advantage, efficiency, and unique qualities.

Weaknesses: Weaknesses are usually areas where you can or should improve. Common areas of improvement include things your competitors do better than you and internal factors that make it challenging to achieve your goals.

Opportunities: These are ways you can grow your business idea and make it more profitable. These are opportunities open to you, trends you can take advantage of, and ways to turn your strengths into opportunities.

Threats: Threats include everything that poses a risk to your business idea. These can be things that prevent you from entering the market or achieving success and growth. Threats to your business may include emerging competitors, a changing regulatory environment, and the possibility of losing relevance.

Typically, strengths and weaknesses are internal factors you can control, while opportunities and threats are external factors that can be anticipated. Conducting a SWOT analysis allows you to identify areas to focus on, build, and work to overcome.

5. Run surveys and focus groups

Surveys and focus groups are effective ways to fully understand your target market and competition. Surveys are straightforward and can be cost-effective to conduct, and the data is relatively easy to analyze. You can use online platforms that deliver surveys through online forums, social media sites, and other convenient means. Your surveys should contain a variety of question types, including:

Open-ended responses

Rating scales

Multiple choice

Focus groups involve gathering a small group of individuals (usually 5–10) to answer questions and provide feedback. The groups are led by a moderator who asks questions, allows discussion, and keeps the conversation moving in a productive direction.

6. Study trends and industry reports

Market trends and industry reports keep you updated on what's happening in your industry or target market. This includes changes, shifts, and recurring trends within a particular market or industry. They give valuable insights into:

Consumer preferences

Economic factors

Emerging technologies

Other aspects that may shape the market's future

You'll learn more about key metrics such as revenue, sales, average selling prices, and growth opportunities. They provide a solid overview of market dynamics and the factors driving it. After reviewing these, you'll be able to identify:

Growing industries to invest in

Barriers or threats you may face

Your major competitors

7. Analyze data

After conducting your research, you'll have information and data to analyze. We recommend using a system that helps you organize your collected data to find actionable recommendations . This can include:

Sorting your data into groups

Identifying patterns

Creating distinct customer personas

You can also use the SWOT framework, spreadsheets, or data visualization software to arrange and analyze your information. When reviewing, look for information that will help you answer your objectives and critical questions.

8. Summarize findings

Once you have analyzed your data, you can summarize your findings in a simple, shareable format. This can be in the form of a summary report containing insights, recommendations, and resulting strategies from the data analysis . You can then share what you learned during the research and analysis with your team members.

Your findings should help you identify:

Opportunities for growth and improvement

Answers that fulfill your objectives

This will help guide product development , marketing strategies, and other crucial decisions that drive success. You can also use summarized reports for future marketing and branding efforts.

9. Validate your business idea

Validation involves evaluating your business idea against the information gathered through market research. This helps ensure your business idea has the potential for success in the marketplace.

You can validate your business idea by determining whether:

There's a need for your product or service

There are enough potential customers

You can do better than your competitors

Your customers validated your idea

You're solving a problem

You can attain the highest rewards and achieve long-term success

Think about the assumptions you have about your business and validate them with real-life situations and data. Assumptions can include:

Your business model

The value you believe your products offer

Your desired pricing

You can also test your products or services with real users to get their opinion and see how it works in the real market. You can then modify your business idea based on what you learn.

  • 10 common market research questions for a new business idea

The market research questions you choose will play a vital role in creating an accurate buyer persona and capturing valuable insights. Select questions that will help your business collect precise information about your target market, audiences, and competitors. 

Here are some common market research questions for startups:

Who is our ideal customer? What is the size of our target market?

Who are our biggest competitors? How are they doing business in this market?

What are the problems we'll solve for our target groups?

What regulatory or compliance challenges might we face in this specific market?

What are the current (and predicted) trends impacting the market?

Who would purchase this product if it were available today?

What challenges do you currently face in [relevant industry/problem area]?

What features are most important when considering a [product/service]?

What types of brands are boycotted and why?

Which aspects of our advertising or marketing message are most compelling?

When should you conduct market research?

In ever-changing, highly competitive markets, businesses should always know what's happening in their industry. Therefore, entrepreneurs should be strategic about when to conduct market research.

Typically, you should conduct market research:

Before and after launching a new business

Before and after developing or launching new products or services

Before and after entering new markets

What type of market research is best for startups?

Most startups use secondary research because it's quick and more affordable. However, you can also use modern tools to design robust market research studies. Startups can also benefit from conducting primary research if resources allow.

Should you be using a customer insights hub?

Do you want to discover previous research faster?

Do you share your research findings with others?

Do you analyze research data?

Start for free today, add your research, and get to key insights faster

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  • 50+ Must-ask questions for your market research surveys

50+ Must-ask questions for your market research surveys

Şeyma Beyazçiçek

Market research is an essential part of finding answers to your questions. For this reason, market research surveys have a big importance. So, market study survey questions, too . These types of questions help you get essential data about the target audience, conduct competitive analysis, get new ones, or protect existing customers .

We have gathered the most essential data to help you gather information on the target market or target customer. In this article, you will find 50+ market research survey questions and examples about customers, products, social media, etc. You need to seriously consider these business survey questions for market research and learn more!

  • What is a market research survey?

A market research survey is a document that asks demographic questions or any type of market research questions that aim to collect vital customer feedback to make you better in marketing . The critical point of a market research survey is to learn customer experience and make marketing plans according to it.

A report by Statista shows that since 2008 , the market research sector’s global revenue has increased by more than twice, surpassing $81 billion in 2022 . So, the importance of market research is getting more realized, and you need market analysis survey questions. Good survey questions for market research collect data to help you create definite strategies for a better marketing plan.

  • 50+ Market research survey questions you must ask in your surveys

Each company has its own unique priorities and needs. For this reason, companies should choose questions carefully for their survey. 50+ market research survey questions might differ according to the needs and requirements of a company. Nevertheless, we have gathered the most essential and basic ones to make you grow faster. 

If you want to access all these privileges we have discussed so far, you need to have a look at these 50+ must-ask questions for your market research surveys:

Customer survey questions for market research questions

The primary reason for selling a product or service is for customers . Finding the target audience for your company is one of the most important parts of your market research survey. For that reason, you need to have a look at these customer survey questions for market research questions: 

1. How often do you shop from us?

  • Once a week
  • Twice a week
  • Once a month
  • Twice a month
  • Once every two months
  • Once every three months
  • Once every six months
  • Once a year

2. What is your favorite product/service?

3. What is your least favorite product/service?

4. Why do you choose us?

  • Your reputation for quality products and services
  • Your competitive pricing
  • Your commitment to customer service
  • Your convenient location
  • Your wide selection of products and services
  • Your knowledgeable staff
  • Your experience in the industry
  • Your commitment to innovation
  • Your commitment to sustainability

5. Would you recommend us to your friends/family?

6. Since when do you choose us?

  • Two Years Ago
  • Three Years Ago

7. Overall, from 1-10, how do you rate us?

An opinion scale question example about satisfaction

An opinion scale question example about satisfaction

Market research questions for a product

A market research question for a product is an excellent helper for companies to understand and collect data about existing. If you want to learn how your customers are satisfied with your exciting product, you only need to ask them these questions. Here are your market research questions for a product: 

8. Have you ever heard of this product before?

9. From 1-10, how would you rate this product?

10. Do you believe this product is useful/helpful for you? 

11. What is the likelihood of buying this product again?

  • Very Likely
  • Very Unlikely

12. What do you like about this product?

  • It is easy to use
  • It is cost-effective
  • It is reliable
  • It has great customer service
  • It has a wide range of features

13. What do you dislike about this product?

  • Functionality

14. Would you recommend this product to your friends or family?

You can replace the word “ product”  with the name of your own product.

A question example about purchasing behavior

A question example about purchasing behavior

New product market research survey questions

New product market research survey questions are perfect for your company if you plan for a new product. Imagine that you are about to launch a new product. You can take fewer risks if you ask questions about the new product before launching it. So you might need these market research questionnaire questions for your new product: 

15. Have you seen a similar product? 

16. How likely are you to use this product for your business activities?

17. What do you think is the best feature of this new product?

18. What do you think is the least favorite feature of this new product?

19. Do you find the price reasonable?

20. Are you excited about this product?

21. Overall, from 1-10, how do you rate this new product?

A question example about later use

A question example about later use

Social media survey questions for market research

Social media is an excellent way of collecting helpful data from your customers because, today, nearly everybody has a social media account. You can have insightful data as long as you know which platform to use and how to use it. So, here are your social media survey questions for market research: 

22. Which social media platforms do you use? ( you can choose more than 1 )

23. In which social media platforms do you spend time the most?

24. Do you follow us on your social media accounts?

25. What do you think about our company’s social media account? 

  • It's great!
  • It could use some improvement.
  • I haven't seen it

26. Do you believe we can use social media effectively?

27. What can we do to improve our social media accounts?

  • Post regularly
  • Run contests and giveaways
  • Use relevant hashtags
  • Optimize profile information
  • Respond to comments
  • Collaborate with influencers

28. Which influencers do you relate to us the most?

A market research survey question example about social media

A market research survey question example about social media

Market research questions to ask potential customers

As much as trying to hold your existing customers, you should also try to find potential customers and expand your network. Because only in this way you can grow your business. When you have good market research questions to ask potential customers, as given below, you can easily get what you need: 

29. Have you ever heard us before?

30. When you think of our brand, what comes to your mind first? 

31. Who is our rival for you?

32. What is your minimum budget?

33. What is your maximum budget?

34. Would you consider choosing our product/service?

35. What are your best aspects, you think?

Market research questions for B2B companies

Just like any sector, B2B companies need to do their best to run market research. As for their market research survey, the questions will be different because they need to aim at businesses directly. If you need them, here are your market research questions for B2B companies: 

36 . Who is your ideal customer?

37. What really matters to your ideal customer?  

38. Do you think you know your customers?

39. How can you know your customers better?

40. What is your customers’ annual income? 

41. What do your customers do in their free time?

42. What attracts your customer?

Demographic questions for your market research survey

Demographic questions allow your company to understand your customer’s background better. Also, if you want to understand the certain characteristics of your target audience, demographic questions are the best option for you. Have a look at these demographic questions for your market research survey: 

43. What gender do you identify as?

  • Genderfluid

44. How old are you?

  • 65 or Above

45. What is your marital status?

46. Can you please specify your ethnicity?

  • African American
  • Asian American
  • Hispanic/Latino
  • Native American
  • Pacific Islander
  • White/Caucasian

47. Where are you located?

  • United States
  • United Kingdom

48. What is your education level?

  • High School
  • Associate's Degree
  • Bachelor's Degree
  • Master's Degree
  • Doctorate Degree

49. What is your annual income?

  • $0 - $25,000
  • $25,001 - $50,000
  • $50,001 - $75,000
  • $75,001 - $100,000
  • $100,001 - $150,000
  • $150,001 - $200,000
  • $200,001 and above

50. What is your current employment situation? 

  • Employed full-time
  • Employed part-time
  • Self-employed
  • Not looking for work

A market research survey question example about income

A market research survey question example about income

  • How can I create a market research survey?

In order to collect essential data for your market research, if you want to handle it the fastest way, you will need an online form builder. Also, if you want to build your form with lots of options and create just like you wish and want to do all of them for free, there is only one option left: forms.app .

As long as you follow some basic steps, you can easily create your market research survey and here are the steps: 

1. Login or create an account

Firstly, you should log in to your existing account if you do not have one; no worries, you can easily and quickly create an account . Also, do not forget that you have the opportunity to log in via Google, Facebook, and Apple accounts. 

2. Start from scratch, choose a temple, or generate with AI

You have access to a wide range of options thanks to forms.app . You must begin from scratch if you wish to pick every aspect of your survey. The site offers pre-made market research survey templates if you do not want to spend too much time on it. However, if you stay current with the latest technology, artificial intelligence can create your survey in seconds!

3. Add your market research survey questions

Based on your company’s primary needs and essential requirements, you should choose your market research survey questions very carefully. Each company’s priorities can differ. For that reason, you need to pay attention while adding them. 

4. Customize your survey form

In this step, you can easily change and personalize your online survey . To give an example, you can change the size and type of the font, colors, and order of questions, add your brand’s logo, etc. 

5. Share your market research survey

In the final step, you can share your survey with your target via many platforms . You can choose the link to be public, limited, or private while sharing. Additionally, you can preview the link to see whether it has any meta titles, descriptions, or images. 

  • How can I write good market research questions?

One can randomly create market research questions for the survey; however, if you want to be one step ahead of your rivals and be good at writing market research questions, you need to follow the points given below:

  • Consider your company’s needs : You need to have a moment and consider what your company needs the most. What are your priorities or urgent needs? Or what are your urgent deficiencies to be covered? After answering these questions, you can create better questions. 
  • Think like the customer: The key point is listening to your customers and trying to think like them. When you think like them, you can come up with better market research questions and collect more valuable data for your survey. 
  • Be direct: Questions asked directly are definitely better , instead of asking too many indirect questions or long and complex sentences that might be confusing. So, you need to pay attention at this point. 
  • Key points to take away

As we have discussed so far, the importance of market research is undeniable. If you want to increase your market share and be more successful in your sector, there are some key points for your company to take away. You should not ignore these points:

  • Design of the survey: Do not forget that the more you pay attention to your market research survey design, the more you will seem professional. 
  • Pay attention to the context: Design is an important factor, but context is the exact reason you run a survey. So, you need to be careful with your questions. 
  • Check the result: At the end of the survey, checking and analyzing the results is a key point. If you will not do that, there is no need to share the survey, isn’t it?

Now that you have read so far, you know all the critical points about the issue and where to start. Take action now and start finding your own effective data collection methods for market research !

Şeyma is a content writer at forms.app. She loves art and traveling. She is passionate about reading and writing. Şeyma has expertise in surveys, survey questions, giveaways, statistics, and online forms.

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  • Data Collection

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TechBullion

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Unlocking success: how to perform market research for new startups.

market research questions for new business

Starting a new business brings both excitement and challenges, and one of the most crucial factors for success is conducting effective market research. Market research gives startups valuable insights into their target audience, helping them understand customer needs, preferences, and behavior. It also helps identify competitors, evaluate market demand, and pinpoint growth opportunities. 

By gathering data on market trends, consumer pain points, and industry dynamics, startups can make more informed, data-driven decisions that guide their product development, marketing strategies, and overall business planning. This process helps mitigate risks and provides a clearer path toward achieving long-term success. Consult with our Market Research Company in Chicago to conduct effective market research for new startups.

In this blog, we will explore how to perform effective market research for new startups, focusing on providing a step-by-step guide to your business journey from the ground up.

What Is Market Research?

Market research is the process of gathering, analyzing, and interpreting information about a market, including information about the target audience, competitors, and industry trends. It helps businesses understand consumer needs and preferences, evaluate market demand, and identify opportunities and threats. 

Market research can be categorized into two types: primary research, which involves gathering new data directly from consumers, and secondary research, which consists of analyzing existing data from reports, studies, or databases.

8 Steps to Perform Effective Market Research for Startups

Define your research goals.

Defining your research goals is a crucial first step in conducting effective market research for startups. By clearly outlining what you aim to achieve through your research, you can focus your efforts on gathering relevant data and insights that will inform your business decisions. 

Your research goals should be specific, measurable, achievable, relevant, and time-bound (SMART). Consider the information you need to gather to better understand your target market, competitors, industry trends, and customer preferences. Setting clear research goals can streamline the market research process and ensure that the data you collect is actionable and valuable for guiding your startup’s growth strategy.

Choose Your Research Methodology

Choosing the correct research methodology is a crucial step in gathering accurate and relevant data when conducting market research for startups. Various methods include surveys, interviews, focus groups, observations, and data analysis. Each method has its strengths and weaknesses, so it’s crucial to align your choice with your research objectives and target audience. 

Surveys can provide quantifiable data on a large scale, while interviews and focus groups offer more in-depth insights but with smaller sample sizes. Observations can be valuable for understanding consumer behavior firsthand, and data analysis allows you to draw conclusions from existing information.

Explore Your Market

Exploring your market is a crucial step in conducting effective market research for startups. By thoroughly investigating your target market, you can gain valuable insights into customer needs, preferences, and behaviors. This exploration should include analyzing industry trends, identifying key competitors, and understanding the demographics of your potential customers. 

Utilizing tools such as surveys, focus groups, and data analysis can help you gather relevant information to make informed decisions about your product or service offerings.

Identify Your Target Audience

Identifying your target audience is a critical step in effective market research for startups. Understanding your potential customers is crucial in developing products or services that meet their needs and preferences. Start by collecting demographic information such as age, gender, location, income level, and interests to create customer profiles. 

Conduct surveys, focus groups, or interviews to gain insights into their behavior, pain points, and purchasing habits. By pinpointing your target audience, you can tailor your marketing strategies effectively and maximize the success of your startup in the competitive market landscape.

Conduct Primary Research

Conducting primary research is a crucial step in performing effective market research for startups. This involves gathering data directly from potential customers, competitors, and other relevant stakeholders to gain insights into market trends, preferences, and behaviors. 

Primary research methods may include surveys, interviews, focus groups, or observations. By engaging with the target market firsthand, startups can obtain valuable information that will inform their business decisions and strategies moving forward. Startups need to approach primary research systematically and ethically to ensure the accuracy and reliability of the gathered data.

Conduct Secondary Research

Conducting secondary research is a critical step in performing effective market research for startups. This type of research involves analyzing existing data and information that other sources have already collected. By examining reports, articles, surveys, and studies related to your industry or target market, you can gain valuable insights into trends, consumer behavior, competitor strategies, and market dynamics. 

This data can help you make informed decisions about your business strategy, product development, pricing, and marketing efforts. Utilizing secondary research effectively can save time and resources while providing a solid foundation for your startup’s market research activities.

Analyze Competitors

Analyzing your competitors is a crucial step in effective market research for startups. It helps you gain valuable insights into their strategies, strengths, and weaknesses. This information can assist in identifying gaps in the market that your startup can fill or areas where you can differentiate yourself from the competition. 

When analyzing competitors, consider factors such as their target audience, pricing strategy, marketing tactics, and product offerings. Thoroughly researching and analyzing your competitors will help you make more informed decisions about positioning your startup in the market and developing a competitive advantage.

Analyze, Interpret and Apply Your Findings

After conducting market research for your startup, the next crucial step is to analyze, interpret, and apply your findings effectively. Analyzing the collected data can help you identify patterns, trends, and insights that can guide your business decisions. Interpreting these findings will help you better understand your target market, competition, and industry landscape. 

Applying these insights strategically to refine your business strategies, product offerings, marketing campaigns, and overall business direction is essential. Effective analysis and application of market research findings are key to making informed decisions that drive the success and growth of your startup .

Effective market research is essential for new startups seeking to launch a successful business. It provides critical insights into target audiences, market demand, and competitors. Thorough research helps refine your product and marketing strategies, ensuring they align with market needs and enhancing your startup’s chances of long-term success. Effective market research transforms uncertainty into a strategic advantage, setting the stage for a successful business launch and sustainable growth. For more information, contact the Brand Strategy Agency Los Angeles . 

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  • Marketing and advertising

Do market research

Market research can give you valuable insights into your customers, competitors, and products or services.

On this page

1. Decide what to research

2. check for existing research, 3. research your customers, 4. research your products or services, 5. research your competitors, 6. put your research into action.

Market research helps you better understand your customers, competitors and industry.

This can help you:

  • focus your marketing
  • create or improve your products or services
  • stand out from your competitors
  • make informed decisions that reduce risk for your business.

Make market research an ongoing part of your business plan  and operations.

Think about what you want to learn from your market research. You’ll probably want to research some combination of your:

  • customers, including who they are and what they want from your business
  • products or services, and what people think of them
  • competitors
  • business location and local area
  • industry, including current trends.

See if you can draw on research that others have done. You might get information about your market from:

  • government data
  • industry and market reports
  • news articles
  • trade and industry associations.

Australian Bureau of Statistics (ABS)

The  ABS  is an Australian Government agency. It offers:

  • statistics about Australia’s economy, industries, people, jobs, health and environment
  • data about your local area
  • more in-depth data services , many of which are free.

Overseas markets

Use Austrade’s market search tool if you’re planning to export products or services to other countries. The tool helps you find the markets your business is most likely to succeed in.

Find the right overseas market for your business.

More australian government statistics.

  • Data.gov.au – has a wide range of data from federal, state and local government agencies.
  • Employment – Jobs and Skills Australia publishes the latest labour market insights.
  • Farming, fishing and forestry – data and insights from the Australian Bureau of Agricultural and Resource Economics and Sciences.
  • Food export quotas – the Department of Agriculture, Fisheries and Forestry publishes data on Australia’s export quotas, including current usage.
  • Health – the Australian Institute of Health and Welfare publishes reports and data on Australians’ health and wellbeing.
  • Immigration – the Department of Home Affairs has information on migration and visas.
  • Tax – the Australian Taxation Office has statistics about tax and superannuation.
  • Tourism – Tourism Research Australia collects data on domestic and international tourists.
  • Trade and investment  – the Department of Foreign Affairs and Trade has trade and investment statistics, as well as economic data on most other countries.
  • Transport – the Bureau of Infrastructure and Transport Research Economics publishes aviation, maritime, rail, road, freight and transport safety data.
  • Work health and safety (WHS) – Safe Work Australia has data and insights on WHS and workers compensation.

State and territory government statistics

State and territory governments publish data and statistics that may be useful for market research.

Australian Capital Territory

The ACT Government Open Data Portal publishes detailed datasets that anyone can access.

New South Wales

Data.NSW lets you search thousands of NSW Government datasets.

Northern Territory

  • The NT Department of Treasury and Finance has the latest statistics on the NT economy .
  • The NT Government Open Data Portal has many datasets from NT government agencies.
  • The Queensland Government Statistician's Office publishes a range of demographic, economic and social data.
  • Queensland’s Open Data Portal has thousands of datasets and resources.

South Australia

Data.SA is the South Australian Government’s data directory. It has a wide range of data from government agencies, councils and organisations.

  • Tasmania’s Department of Treasury and Finance publishes up-to-date analysis of the Tasmanian economy
  • Land Tasmania shares location-based information through its LISTdata tool .
  • Business Tasmania has a guide to statistics and services tools .
  • MyVictoria is a data platform especially for businesses. Use it to explore an area’s demographics, industry data, facilities, upcoming projects and building activities.
  • DataVic is the Victorian Government’s open data service, with data sets from state and local government organisations.

Western Australia

  • Data WA is the main catalogue for Western Australian Government data.
  • The Small Business Development Corporation publishes key statistics about the small business landscape in WA .
  • Tourism Western Australia publishes statistics and insights on WA visitors and destinations .

Finding out what your customers want and how they behave lets you better target your marketing. It can also help you identify problems your product or service can solve.

Things you could research about your customers include:

  • their likes and dislikes
  • what their needs or problems are (including any that your competitors don’t address)
  • their experience with your business so far
  • where they usually find out about products or services
  • how they like to shop (for example, in person or online)
  • what they're willing to pay for your products or services
  • how often they use (or would use) your products or services.

Some of the methods you can use for customer research are:

  • surveys, either online or in person
  • one-on-one interviews, either in person or over a video call
  • asking for feedback from customers who buy from you
  • talking to people who visit your business.

If possible, do research with a mix of:

  • your customers
  • your competitors’ customers
  • people who haven’t bought from any of you.

Using existing customer data

If you've been in business for a while, you might already have information about your customers that you can use in your research.

See what you can get from your:

  • customer relationship management (CRM) system
  • loyalty or reward program data
  • sales records
  • online reviews
  • customer feedback or complaints
  • reports on customer service benchmarks and targets
  • website statistics.

Researching a new product, service or business idea helps you understand if it will be successful.

Things you could research are:

  • if people want your product or service
  • why people want (or don’t want) it
  • how much demand there is for it
  • how customers will use it
  • any problems with it
  • where your product or service is positioned in the market – is it a high-end, competitive or low-cost alternative to your competitors?
  • the right price for your product or service.

Some of the methods you can use for product research are:

  • one-on-one interviews
  • focus groups, where you get a group of people together to discuss your product or service
  • product testing, where you observe people using your product (or a competitor’s) to see what they do and if they experience any problems
  • looking at online reviews of similar products.

Researching your competitors helps you understand the market and identify what makes your business stand out.

Things you could research about your competitors include:

  • who your main competitors are
  • the size of their business
  • what they sell, and how this compares with your business
  • their target customers
  • the marketing strategies they use, including how they position themselves in the market
  • how they communicate with customers
  • the price of their products or services
  • what their customers think of them.

To collect data on competitors you could:

  • review their ads
  • look at their websites and social media accounts
  • sign up for their email list
  • analyse any other marketing materials, such as catalogues or flyers
  • visit their business in person
  • buy and use their products
  • look at their online reviews
  • talk to their existing customers.

You might like to capture the strengths and weaknesses of your competitors by doing a SWOT analysis  of each of them. Compare this against the SWOT analysis of your own business.

Once you’ve done your market research, it’s a good idea to write a report on what you discovered. Include:

  • what you wanted to find out
  • your research methods
  • the main insights from your research
  • actions you can do to take advantage of these insights.

Use your research results to develop or update your business plan and marketing plan .

Make a plan to market your business.

Read how to identify your target market., was this page helpful, thanks for sharing your feedback with us..

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