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What is the purpose of market survey?

Posted on December 1, 2025 By whatismarketing.org

Some points on purpose of market survey are:

  • It shows changing expectations so companies update designs before competitors do.
  • It compares multiple options clearly so decision-makers choose the safest and most effective path.
  • It tests early concepts so product teams refine designs before full development.
  • It tests willingness to buy so companies confirm if the idea is commercially viable.

Find out related article on importance of market survey to get more information related to it.

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