Wednesday, December 9, 2009

Market Research Using Web Tool Keys

We know Market research is a very important component of business strategy. Various methods of market research are used to find out information about markets, target markets and their needs, competitors, market trends, customer satisfaction with products and services, etc.

Most of the time people are more confused about their market and demand for their product or services. Let’s see how search engine tool can help you to solve your problem. I'd like to share a few ideas on research potential markets, and how you can use search engines to help you.

Use Search As A Market Research Tool

Google Adwords
Google Adwords provides you with a wealth of data. You can measure actual visitor interest - real search numbers, not just estimates - and you can quickly and easily test your ideas in the live marketplace. You can test your product or service offer, even before you're ready to provide it!.

Keyword Research
You can use the Adwords KeyWord Tool, or other keyword research tools. Include every keyword term in your Adwords campaign that you expect to rank for in your organic campaign.

Competition Levels
You can gain an understanding of the competition levels by looking at the bid price. Obviously, the higher the bid prices, the higher the level of competition. If you're failing to get on the front page with reasonable relevancy and bids, you're in a fairly competitive area, and the SERPs will be likewise.


Google Trends
Google Trends shows trends in searches over time how often a particular search-term is entered relative to the total search-volume across various regions of the world.

Google Traffic Estimator
Google Traffic Estimator helps you see how often your ads would appear for keywords, and gives you approximate prices. It works for various match types, including broad match, phrase match and exact match.

Microsoft Ad Intelligence
Microsoft Advertising Intelligence (formerly adCenter Add-in for Excel Beta) is a keyword research and optimization tool. It provides keyword expansion, research, pricing and KPI data, allowing you to maximize marketing ROI for your paid search and content ad campaigns.

Google Insights For Search
Google Insights for Search is providing insights into the search terms people have been entering into the Google search engine. Unlike Google Trends, Google Insights for Search provides a visual representation of regional interest on a map.

So start now finding your potential customer.

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