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Start-ups: How do I do the right Market Research for a Product or App?
JB
JB
Joy Broto Nath , Global Corporate Trainer & Strategist answered:

Market research is developing an extensive understanding of the customer. The insights help in developing innovative marketing strategies. As an app development company or app-entrepreneur, you may want to know the best ways to conduct market research. You might want to start by determining how you will position your brand in the market. To market your app, start with defining your target audience. The research findings will help you attain that edge by building innovative features into your app, integrating usability aspects, and remaining relevant and original. You can strengthen your app’s core when you conduct a SWOT analysis. A business plan is a roadmap and includes aspects like sales, revenue, market, and profit. You will get more confident and get a better understanding of the market as you explore the various facets of market research. Next, let us look at some effective marketing strategies that are important for mobile app success. App stores are one of the first touchpoints for potential customers to discover your app. You could find influencers on LinkedIn, Buzzsumo, and Crunchbase. Collaborating with influencers can be mutually beneficial and help to promote your mobile app. Offering potential customers a benefit when they endorse your app online is a definite way to gain word-of-mouth for your mobile app. You might track them through metrics, including churn rate, session length, time in-app, daily active users, and cost per acquisition. These key metrics will bring in exciting insights on what worked well and what did not. A blend of the old-and-new will get you some hard-hitting market strategies for your mobile app.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath

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