At the end of the day, entrepreneurs need consumer data. Investors simply won't trust your gut. Nor should you. That said, the first big step toward turning your product or service idea into a sound business concept, and ultimately toward wowing investors, is market research. And the bottom line is that your first market research survey … Continue reading How to Design your First Market Research Survey
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In the market research world, sampling bias is a consistent error that arises due to the way a survey’s sample was selected. It occurs when a sample is not random, meaning certain types of respondents are more or less likely to be chosen for the sample. The result: Survey results that don’t reflect the population you purport to represent. … Continue reading How to Overcome Sampling Bias in Your Market Research Survey