What are the required parameters in product research?
This question has no definitive answer because it is dependent on the exact product being researched. The target market, the competition, the pricing, and the distribution method are some of the most prevalent parameters that are typically examined. In addition, market research may focus on consumer needs and wants, as well as the potential features and benefits of a product. Conducting internet reviews or social media analysis can also help you learn what others are saying about a product.