B2B companies require robust market research because it tells them who their customers are, and why they purchase their products. It also helps them to figure out metrics such as the cost per acquisition of a client, and it gives a clearer understanding of what the market wants in a product or service. B2B Market Research helps companies to gain valuable information about:
B2B market research also helps businesses to identify new development opportunities and threats in good time. It can also help companies to uncover their Unique Selling Proposition (USP). Companies think about their competitive advantage and about creating advantages that competitors cannot easily replicate. B2B market research companies often test products, ads, services, and market opportunity for the following outcomes: