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Comprehensive Guide to Market Research for A-Level Business

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Maddox

12/12/2025

Business

Business A Level - Market Research

450

12 Dec 2025

6 pages

Comprehensive Guide to Market Research for A-Level Business

user profile picture

Maddox

@maddoxp

Ever wondered why some businesses focus on creating amazing products... Show more

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Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

Product vs Market Orientation

Product orientation means businesses focus on developing products they believe will sell, basically trusting their own judgement. Market orientation flips this - companies analyse what consumers actually need before creating anything.

This approach has shifted dramatically over time. In the past, many businesses could be product-oriented because their products practically sold themselves - think early mobile phones or computers. Now, with fierce competition everywhere, most businesses are forced to consider customer needs because consumers have endless choices.

Quick Tip: Remember that being product-oriented isn't always bad - it works brilliantly for innovative companies like Apple who create products customers didn't even know they wanted!

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

Market Orientation in Action

Henry Ford's approach perfectly shows market orientation in practice. He conducted extensive market research beforehand to set a price that would sell the most cars - revolutionary thinking for his time.

Market orientation advantages include anticipating market changes before competitors and feeling more confident your product will succeed. However, this approach can still lead to failure if businesses try creating products in areas where they lack experience, potentially damaging their reputation.

Five key factors determine whether businesses emphasise product or market: the nature of the product, policy decisions, views of those in control, market nature and size, and degree of competition. Smart businesses consider all these factors when choosing their strategy.

Remember: Even market-oriented approaches aren't foolproof - understanding your customers is brilliant, but you still need the skills to deliver what they want!

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

Understanding Market Research

Market research involves gathering, presenting, and analysing information about marketing and consumption of goods and services. Think of it as your business insurance policy - it helps reduce the risk of spectacular failures.

The three main purposes are identifying and anticipating customer needs, quantifying likely demand for products, and providing insights into consumer behaviour. Basically, it answers "what do people want?" and "how many will actually buy it?"

Primary research (also called field research) means collecting completely new data that didn't exist before. Most primary information comes from directly asking consumers questions through surveys, interviews, or focus groups.

Study Smart: Primary research = new data you collect yourself. It's fresh, relevant, but often expensive and time-consuming to gather.

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

Primary Research Methods

A market research sample is a group representing your entire target market - you can't ask everyone, so you pick people who represent the whole population you're interested in.

Good questionnaires need balance between open and closed questions, clear and simple language, and reasonable length. Nobody wants to spend ages filling out confusing surveys! You can use questionnaires through postal surveys, telephone interviews, personal interviews, focus groups, observation studies, or test marketing.

Secondary research involves collecting data that already exists, either internally (from inside your business) or externally (from outside sources). It's usually quicker and cheaper than primary research.

Pro Tip: Mix your research methods - questionnaires give you numbers, but observation shows you what people actually do (which often differs from what they say!).

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

Types of Data and Research Limitations

Internal data includes sales figures, annual reports, and stock movement patterns. External data covers competitor information, government publications, customer feedback, and commercial publications.

Qualitative research explores attitudes, beliefs, and intentions - the "why" behind consumer behaviour. Quantitative research focuses on measurable, statistical data like market share - the "what" and "how many."

Here's the shocking reality: approximately 90% of products fail after launch, even with thorough market research. Research doesn't guarantee success - it just improves your chances significantly.

Reality Check: Market research isn't magic - it's a tool that reduces risk but can't eliminate it completely. Even Coca-Cola's 'New Coke' and the Sinclair C5 failed despite extensive research!

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

Market Segmentation Basics

Even with perfect research, some products still fail spectacularly. Coca-Cola's 'New Coke' and the Sinclair C5 are classic examples of products that seemed brilliant on paper but flopped in reality.

Demographic segmentation divides markets based on measurable characteristics. Age demographics affect clothes (children's versus adults), gender influences hair products, income levels determine car purchases, social class impacts housing choices, ethnicity affects hair product needs, and religion influences food preferences.

Understanding these segments helps businesses target the right people with the right products. Instead of trying to please everyone, successful companies focus on specific demographic groups who are most likely to buy their products.

Key Insight: Segmentation isn't about excluding people - it's about understanding that different groups have different needs, so you can serve them better!



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Anna

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Thomas R

iOS user

Just amazing. Let's me revise 10x better, this app is a quick 10/10. I highly recommend it to anyone. I can watch and search for notes. I can save them in the subject folder. I can revise it any time when I come back. If you haven't tried this app, you're really missing out.

Basil

Android user

This app has made me feel so much more confident in my exam prep, not only through boosting my own self confidence through the features that allow you to connect with others and feel less alone, but also through the way the app itself is centred around making you feel better. It is easy to navigate, fun to use, and helpful to anyone struggling in absolutely any way.

David K

iOS user

The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!

Sudenaz Ocak

Android user

In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.

Greenlight Bonnie

Android user

very reliable app to help and grow your ideas of Maths, English and other related topics in your works. please use this app if your struggling in areas, this app is key for that. wish I'd of done a review before. and it's also free so don't worry about that.

Rohan U

Android user

I know a lot of apps use fake accounts to boost their reviews but this app deserves it all. Originally I was getting 4 in my English exams and this time I got a grade 7. I didn’t even know about this app three days until the exam and it has helped A LOT. Please actually trust me and use it as I’m sure you too will see developments.

Xander S

iOS user

THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮

Elisha

iOS user

This apps acc the goat. I find revision so boring but this app makes it so easy to organize it all and then you can ask the freeeee ai to test yourself so good and you can easily upload your own stuff. highly recommend as someone taking mocks now

Paul T

iOS user

The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.

Stefan S

iOS user

This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.

Samantha Klich

Android user

Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.

Anna

iOS user

Best app on earth! no words because it’s too good

Thomas R

iOS user

Just amazing. Let's me revise 10x better, this app is a quick 10/10. I highly recommend it to anyone. I can watch and search for notes. I can save them in the subject folder. I can revise it any time when I come back. If you haven't tried this app, you're really missing out.

Basil

Android user

This app has made me feel so much more confident in my exam prep, not only through boosting my own self confidence through the features that allow you to connect with others and feel less alone, but also through the way the app itself is centred around making you feel better. It is easy to navigate, fun to use, and helpful to anyone struggling in absolutely any way.

David K

iOS user

The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!

Sudenaz Ocak

Android user

In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.

Greenlight Bonnie

Android user

very reliable app to help and grow your ideas of Maths, English and other related topics in your works. please use this app if your struggling in areas, this app is key for that. wish I'd of done a review before. and it's also free so don't worry about that.

Rohan U

Android user

I know a lot of apps use fake accounts to boost their reviews but this app deserves it all. Originally I was getting 4 in my English exams and this time I got a grade 7. I didn’t even know about this app three days until the exam and it has helped A LOT. Please actually trust me and use it as I’m sure you too will see developments.

Xander S

iOS user

THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮

Elisha

iOS user

This apps acc the goat. I find revision so boring but this app makes it so easy to organize it all and then you can ask the freeeee ai to test yourself so good and you can easily upload your own stuff. highly recommend as someone taking mocks now

Paul T

iOS user

 

Business

450

12 Dec 2025

6 pages

Comprehensive Guide to Market Research for A-Level Business

user profile picture

Maddox

@maddoxp

Ever wondered why some businesses focus on creating amazing products whilst others obsess over what customers actually want? Understanding product orientation versus market orientationis crucial for any business student - it explains why some companies thrive whilst others fail... Show more

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

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Product vs Market Orientation

Product orientation means businesses focus on developing products they believe will sell, basically trusting their own judgement. Market orientation flips this - companies analyse what consumers actually need before creating anything.

This approach has shifted dramatically over time. In the past, many businesses could be product-oriented because their products practically sold themselves - think early mobile phones or computers. Now, with fierce competition everywhere, most businesses are forced to consider customer needs because consumers have endless choices.

Quick Tip: Remember that being product-oriented isn't always bad - it works brilliantly for innovative companies like Apple who create products customers didn't even know they wanted!

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

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Market Orientation in Action

Henry Ford's approach perfectly shows market orientation in practice. He conducted extensive market research beforehand to set a price that would sell the most cars - revolutionary thinking for his time.

Market orientation advantages include anticipating market changes before competitors and feeling more confident your product will succeed. However, this approach can still lead to failure if businesses try creating products in areas where they lack experience, potentially damaging their reputation.

Five key factors determine whether businesses emphasise product or market: the nature of the product, policy decisions, views of those in control, market nature and size, and degree of competition. Smart businesses consider all these factors when choosing their strategy.

Remember: Even market-oriented approaches aren't foolproof - understanding your customers is brilliant, but you still need the skills to deliver what they want!

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

Sign up to see the contentIt's free!

Access to all documents

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Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Understanding Market Research

Market research involves gathering, presenting, and analysing information about marketing and consumption of goods and services. Think of it as your business insurance policy - it helps reduce the risk of spectacular failures.

The three main purposes are identifying and anticipating customer needs, quantifying likely demand for products, and providing insights into consumer behaviour. Basically, it answers "what do people want?" and "how many will actually buy it?"

Primary research (also called field research) means collecting completely new data that didn't exist before. Most primary information comes from directly asking consumers questions through surveys, interviews, or focus groups.

Study Smart: Primary research = new data you collect yourself. It's fresh, relevant, but often expensive and time-consuming to gather.

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

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Primary Research Methods

A market research sample is a group representing your entire target market - you can't ask everyone, so you pick people who represent the whole population you're interested in.

Good questionnaires need balance between open and closed questions, clear and simple language, and reasonable length. Nobody wants to spend ages filling out confusing surveys! You can use questionnaires through postal surveys, telephone interviews, personal interviews, focus groups, observation studies, or test marketing.

Secondary research involves collecting data that already exists, either internally (from inside your business) or externally (from outside sources). It's usually quicker and cheaper than primary research.

Pro Tip: Mix your research methods - questionnaires give you numbers, but observation shows you what people actually do (which often differs from what they say!).

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

Sign up to see the contentIt's free!

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Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Types of Data and Research Limitations

Internal data includes sales figures, annual reports, and stock movement patterns. External data covers competitor information, government publications, customer feedback, and commercial publications.

Qualitative research explores attitudes, beliefs, and intentions - the "why" behind consumer behaviour. Quantitative research focuses on measurable, statistical data like market share - the "what" and "how many."

Here's the shocking reality: approximately 90% of products fail after launch, even with thorough market research. Research doesn't guarantee success - it just improves your chances significantly.

Reality Check: Market research isn't magic - it's a tool that reduces risk but can't eliminate it completely. Even Coca-Cola's 'New Coke' and the Sinclair C5 failed despite extensive research!

Guided Note
Note - Taking 1.1.2
Product and market orientation
What is the difference between a product orientated and a market orientated
a

Sign up to see the contentIt's free!

Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Market Segmentation Basics

Even with perfect research, some products still fail spectacularly. Coca-Cola's 'New Coke' and the Sinclair C5 are classic examples of products that seemed brilliant on paper but flopped in reality.

Demographic segmentation divides markets based on measurable characteristics. Age demographics affect clothes (children's versus adults), gender influences hair products, income levels determine car purchases, social class impacts housing choices, ethnicity affects hair product needs, and religion influences food preferences.

Understanding these segments helps businesses target the right people with the right products. Instead of trying to please everyone, successful companies focus on specific demographic groups who are most likely to buy their products.

Key Insight: Segmentation isn't about excluding people - it's about understanding that different groups have different needs, so you can serve them better!

We thought you’d never ask...

What is the Knowunity AI companion?

Our AI Companion is a student-focused AI tool that offers more than just answers. Built on millions of Knowunity resources, it provides relevant information, personalised study plans, quizzes, and content directly in the chat, adapting to your individual learning journey.

Where can I download the Knowunity app?

You can download the app from Google Play Store and Apple App Store.

Is Knowunity really free of charge?

That's right! Enjoy free access to study content, connect with fellow students, and get instant help – all at your fingertips.

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Most popular content: Market Research

Most popular content in Business

Most popular content

English - inspector calls quotes and analysis

Quotes from every main character

English LiteratureEnglish Literature
10

Can't find what you're looking for? Explore other subjects.

Students love us — and so will you.

4.9/5

App Store

4.8/5

Google Play

The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.

Stefan S

iOS user

This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.

Samantha Klich

Android user

Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.

Anna

iOS user

Best app on earth! no words because it’s too good

Thomas R

iOS user

Just amazing. Let's me revise 10x better, this app is a quick 10/10. I highly recommend it to anyone. I can watch and search for notes. I can save them in the subject folder. I can revise it any time when I come back. If you haven't tried this app, you're really missing out.

Basil

Android user

This app has made me feel so much more confident in my exam prep, not only through boosting my own self confidence through the features that allow you to connect with others and feel less alone, but also through the way the app itself is centred around making you feel better. It is easy to navigate, fun to use, and helpful to anyone struggling in absolutely any way.

David K

iOS user

The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!

Sudenaz Ocak

Android user

In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.

Greenlight Bonnie

Android user

very reliable app to help and grow your ideas of Maths, English and other related topics in your works. please use this app if your struggling in areas, this app is key for that. wish I'd of done a review before. and it's also free so don't worry about that.

Rohan U

Android user

I know a lot of apps use fake accounts to boost their reviews but this app deserves it all. Originally I was getting 4 in my English exams and this time I got a grade 7. I didn’t even know about this app three days until the exam and it has helped A LOT. Please actually trust me and use it as I’m sure you too will see developments.

Xander S

iOS user

THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮

Elisha

iOS user

This apps acc the goat. I find revision so boring but this app makes it so easy to organize it all and then you can ask the freeeee ai to test yourself so good and you can easily upload your own stuff. highly recommend as someone taking mocks now

Paul T

iOS user

The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.

Stefan S

iOS user

This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.

Samantha Klich

Android user

Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.

Anna

iOS user

Best app on earth! no words because it’s too good

Thomas R

iOS user

Just amazing. Let's me revise 10x better, this app is a quick 10/10. I highly recommend it to anyone. I can watch and search for notes. I can save them in the subject folder. I can revise it any time when I come back. If you haven't tried this app, you're really missing out.

Basil

Android user

This app has made me feel so much more confident in my exam prep, not only through boosting my own self confidence through the features that allow you to connect with others and feel less alone, but also through the way the app itself is centred around making you feel better. It is easy to navigate, fun to use, and helpful to anyone struggling in absolutely any way.

David K

iOS user

The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!

Sudenaz Ocak

Android user

In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.

Greenlight Bonnie

Android user

very reliable app to help and grow your ideas of Maths, English and other related topics in your works. please use this app if your struggling in areas, this app is key for that. wish I'd of done a review before. and it's also free so don't worry about that.

Rohan U

Android user

I know a lot of apps use fake accounts to boost their reviews but this app deserves it all. Originally I was getting 4 in my English exams and this time I got a grade 7. I didn’t even know about this app three days until the exam and it has helped A LOT. Please actually trust me and use it as I’m sure you too will see developments.

Xander S

iOS user

THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮

Elisha

iOS user

This apps acc the goat. I find revision so boring but this app makes it so easy to organize it all and then you can ask the freeeee ai to test yourself so good and you can easily upload your own stuff. highly recommend as someone taking mocks now

Paul T

iOS user