MindMap Gallery Market research and forecasting
This is a mind map about market research and forecasting. It tells stories about market research and forecasting. If you are interested in the story of market research and forecasting, you are welcome to collect and like this mind map~
Edited at 2022-11-12 07:46:43This Valentine's Day brand marketing handbook provides businesses with five practical models, covering everything from creating offline experiences to driving online engagement. Whether you're a shopping mall, restaurant, or online brand, you'll find a suitable strategy: each model includes clear objectives and industry-specific guidelines, helping brands transform traffic into real sales and lasting emotional connections during this romantic season.
This Valentine's Day map illustrates love through 30 romantic possibilities, from the vintage charm of "handwritten love letters" to the urban landscape of "rooftop sunsets," from the tactile experience of a "pottery workshop" to the leisurely moments of "wine tasting at a vineyard"—offering a unique sense of occasion for every couple. Whether it's cozy, experiential, or luxurious, love always finds the most fitting expression. May you all find the perfect atmosphere for your love story.
The ice hockey schedule for the Milano Cortina 2026 Winter Olympics, featuring preliminary rounds, quarterfinals, and medal matches for both men's and women's tournaments from February 5–22. All game times are listed in Eastern Standard Time (EST).
This Valentine's Day brand marketing handbook provides businesses with five practical models, covering everything from creating offline experiences to driving online engagement. Whether you're a shopping mall, restaurant, or online brand, you'll find a suitable strategy: each model includes clear objectives and industry-specific guidelines, helping brands transform traffic into real sales and lasting emotional connections during this romantic season.
This Valentine's Day map illustrates love through 30 romantic possibilities, from the vintage charm of "handwritten love letters" to the urban landscape of "rooftop sunsets," from the tactile experience of a "pottery workshop" to the leisurely moments of "wine tasting at a vineyard"—offering a unique sense of occasion for every couple. Whether it's cozy, experiential, or luxurious, love always finds the most fitting expression. May you all find the perfect atmosphere for your love story.
The ice hockey schedule for the Milano Cortina 2026 Winter Olympics, featuring preliminary rounds, quarterfinals, and medal matches for both men's and women's tournaments from February 5–22. All game times are listed in Eastern Standard Time (EST).
Market research and forecasting
The definition and role of market research
Market research refers to the comprehensive, systematic and scientific investigation and analysis of the target market to obtain information about the market environment, customer needs, competitors, etc.
The functions of market research include understanding market potential, grasping market demand, analyzing competitive situations, formulating market strategies, etc.
Forecasting methods and their importance
Forecasting methods include qualitative forecasting and quantitative forecasting. The former is based on experience and expert judgment, and the latter is simulated and forecasted through mathematical models.
The importance of forecasting lies in providing reliable data support for corporate decision-making and reducing business risks.
Market research steps and methods
Determine goals and scope
Determine the research objectives and clarify the scope and target market of the research
Clarify the research question and what you want to know
Collect and organize information
Collect primary and secondary data, including documents, questionnaires, interviews, statistics, etc.
Organize and summarize information, analyze and integrate
Analyze and interpret survey results
Analyze survey results qualitatively and quantitatively to discover patterns and trends
Interpret results and extract valuable information and conclusions
Market research tools and techniques
Questionnaire
Well-designed questionnaires, including open and closed questions
Select appropriate samples to ensure representativeness of the questionnaire
Interview research
Select the right interviewees, including clients, consumers, experts, etc.
Develop an interview guide to ensure comprehensive coverage of questions
competitor analysis
Collect competitor information, including products, prices, sales channels, etc.
Analyze the strengths and weaknesses of competitors to provide a basis for corporate competition
Market forecasting methods and models
time series analysis
Based on historical data, forecasts are made by analyzing the patterns and trends of time series.
Commonly used models include moving average method, exponential smoothing method, etc.
regression analysis
By establishing a mathematical model between variables for prediction, the influence of multiple factors can be considered
Sufficient data and appropriate regression models need to be prepared
expert judgment
Forecasting is based on expert experience and judgment, and is often used to predict market trends and other difficult-to-quantify issues.
Need to make full use of expert knowledge and experience
Practical cases and applications of market research and forecasting
New product research and development
Understand consumer needs and market opportunities through market research and forecasting, and guide the development of new products.
Reduce new product development risks and increase success rate
Market share increased
Through analysis and prediction of competitors, formulate corresponding market strategies to improve one's competitiveness in the market.
Guide corporate decisions and plan marketing activities
market expansion
Quickly enter new markets and formulate adaptive marketing strategies by conducting research and predictions on new markets
Increase your company's market share and sales
Brand Building
Understand the brand's image and competitiveness in the minds of consumers through market research and forecasting, and provide effective brand strategies and communication plans.
Create a competitive brand image and increase market share;