According to David Juris the power of information is outstanding when it comes to market research. The information you get from market research is very important for taking strategic business decisions.

1. Advantages of Market Research - Know from David Juris
According to David Juris the power of information is outstanding when it comes to market research. The information you get from market research is very important for taking strategic business decisions.
David Juris successfully runs his company Generation sales group. They outsource sales lead generation services. David Juris states the benefits of market research:
1. Market research helps you to find new prospects. It helps you to communicate with new and existing clients. It helps you to find how are your target prospects and what actions you need to take.
2. It is important to do a market research before you launch a product or service in the market. It will help you to know the customer needs. It will help to know that, do you need to make any modifications in your product before you launch your product.
3. Market research information helps you to minimize the risks. It tells you in advance the risk you will face in future.

2. 4. It will help you to know your reputation in the market. Also, it will give you your ranking in the market against your competitors.
5. It will help you to know the problems you will face in market with the launch of your new product. 6. It will help you to plan ahead about your product and services. Also, it will help your to estimate about your cost and expenditure.

3. 7. Your market research data will help you to understand customer and market so that you can set a market trend. 8. It will help you to measure your performance in market. You take take decisions based on it that what steps you shall take in the future. 9. It will help you make your make your brand name.