Research Tips
Realistic Research Expectations
In planning market research, it’s important to have realistic expectations. While instantly getting perfectly valid and reliable answers to all of your questions for free sounds good, it’s also too good to be true. Like most things in life, market research involves trade-offs. Increasing your research budget is likely to increase the amount of information you can collect and improve its validity and reliability; however, even research projects with very large budgets will be subject to some limitations.