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may be able to get a them to discuss the Ask them searching
lot of useful ways in which they do questions about their
information by business. buying habits and the
asking friends and Try to find out about kind of prices they are
contacts, looking at competitors – look at prepared to pay for
adverts in the local their promotional litera- your product or service.
paper and Yellow ture, find out about You must, of course,
Pages. If you are their prices and use treat all this
aiming for wider their products yourself information with care –
sales your local if possible. people are sometimes
library should have If you plan to trade likely to tell you what
much of the in the “High Street” it they think you want to
published material is absolutely vital that hear!
on market sizes, you research the By the time you
trends, statistics and location. How many have completed your
so on, a great deal of potential customers will research you will have
it being Government be walking past your some good ideas about
infor-mation which door in any given how your business
you can obtain free location? This traffic might develop. You
of charge. You shold flow is crucial to your can use the information
also look at news- chances of success in you have found to good
papers, adverti- this type of operation. effect. For a start, it
sements and direc- Look and listen when will allow you to make
tories to get a “feel” visiting the locations. some informed
for your market. And finaly, talk to decisions about pricing.
If there will be the people who may
middlemen between buy from you. Visit
your customer (such them, or telephone
as retailers and them, or mail them
distributors) visit with a questionnaire.
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