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1. A marketing term known as "marketplace needs" refers to a target market's functional or emotional demands or wants. In general, a successful business recognizes when a certain client segment is not being adequately served by current suppliers and creates and markets products or services to address this need.
2. Market research can reveal gaps in consumer expectations and reveal how current and potential customers might see your company. While finishing your marketing strategy, this is important information to know. When making important company decisions, having good market intelligence helps to reduce risk.
3. You should look at the number of companies that provide items or services similar to those you want to offer, as well as the results they are seeing
4. Take into account the demands of your intended customers, the things that are popular or in-vogue, as well as your own interests and financial resources.
5. A business plan is also essential as the primary guide for how you will structure and allocate your resources.

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1. Market needs is a consumer's most desired for a product's or service specific benefits whether that be functional or emotional.
2. So that we can have an idea or know what customers really needs and what are they looking for.
3. You’re not alone in your industry. Even if your product is unique, there is something out there that can accomplish a similar goal for your customers; thus you have competition. You should account for this in your market research, because how consumers respond to your competition’s marketing efforts should influence how you market.
4. Consider the needs and wants of your target costumers and also the products that are trendy to people.
5. So that we know the ins and outs of business, what we should do and how we can get people's attention to the products we will sell.

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1.Market needs inform organizations about what products develop, for what customers, at what cost, through which distribution channels, reducing the uncertainty that a new product/service development always brings with it.
2.Market research will help you develop a successful marketing strategy. It is one of the reasons why market research is so important for organizations that want to make informed decisions. This article will highlight the relevance of market research and importance of market research.
3.The purpose of researching a market is to figure out how you can best attract those who are likely to buy your company’s products or services.
4.To succeed as an entrepreneur, you must develop the ability to select and offer the right products or services to your customers in a competitive market. More than any other factor, your ability to make this choice will determine your success or failure.
5.Test a new business idea

When you have a new business idea, it really helps to spend a little time thinking through all the details. A business plan will help you think about your target market, your budget, how much money you’ll need to launch, and how your idea will actually work before you spend any real money. A business plan will also help you easily share your idea with other people to get input and feedback before you get started.

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JEREZ, MARIA NHACY C

What are market needs?

1.Market needs refer to the functional needs, desires and goals of a target audience. A company may identify an area of the market with unmet needs and create a product or service that addresses them. If that audience has a large amount of need, the company may receive a significant profit.

2. It can help you decide whether a new idea for a business or product will fly – that is, if customers will find it appealing – based on how similar products have performed in the marketplace. It can help you make wise product packaging and promotional decisions, as well as effective marketing messages.

3. You must analyze the number of companies that have products or services similar to those you want to offer, as well as the results they are obtaining. Another important aspect to consider is whether there is a market for your company or if you can offer something better or more innovative.

4. Consider the needs of your target costumers, the products that are in demand or trendy, also include your personal passion and capital.

5. Investors want to know that you know what you're doing. A business plan can often be the single most important document you can present to your investors that will provide the structure and confidence that they need to make decisions about funding and supporting your company.

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1.Market needs are the requirements, desires, and objectives of a target audience.

2.Based on how similar products have reacted in the market, you may determine whether a new idea for a business or product will take up, or if people will find it appealing. You can use this to make smart choices about marketing strategies, and promotions.

3.You need to see the amount of businesses that offer goods or services that are similar to those you want to launch, as well as the outcomes they are experiencing. You also need to consider the customer's opinion and request.

4.We choose a product or service to sell after researching about the possible outcomes, wether it's good or bad. We also need to consider the target audience, and where the location of the business, if the product you're gonna sell is compatible with the environment of the place.

5.We need to study business planning to know how to research about you future products and how to plan a business to secure how much this product is gonna succeed, it will also help us on step-by-step process on how to pick a product to sell.

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1. The functional requirements, aspirations, and objectives of a target market are referred to as market needs. In order to fill unmet demands in a particular market segment, a corporation may develop a product or service. The corporation might make a sizable profit if that audience has a lot of unmet needs.

2.  To get user input on the style and feel of your marketing messaging, we may design studies. Additionally, we may gauge consumer knowledge of and response to particular marketing initiatives.

3. It's imperative to have extremely defined goals before beginning any
market research assignment.

4. When analyzing the prospective market opportunity for any product or series of products, this willingness-to-pay factor might be a crucial factor.

5.  Knowing the market: Before you can identify company needs, you must first learn about and comprehend the industry you intend to penetrate. Understanding your competition, determining client wants, and researching market trends are all necessary for this. This data enables you to run your company wisely and guarantees that the goods or services you provide are in high demand.

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Famini, Mary Sheral F.    ABM 11-GOKONGWEI

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Famini, Mary Sheral F.    ABM 11-GOKONGWEI

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1.Market need refers to the existing demand or desire among a group of consumers for a particular product or service. This can be solved by offering a new product or service. 2.It can tell you how your company is perceived by the target customers and clients you want to reach. 3.Need to know your goals and you must examine the number of businesses that offer comparable goods and services to what you intend to offer, as well as the outcomes those businesses are experiencing.
4.Explore resources that can help you identify market needs; trendy, likes, wants, and the most demand product.
5.For your business to thrive and to market you products effectively.

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Narciso, Michaella A. - ABM 11 GOKONGWEI

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Narciso, Michaella A. - ABM 11 GOKONGWEI

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1. Businesses should start by knowing the consumer's interests, desires, and needs, It is easier to sell what consumers want and need.
2. Market research can identify market trends, demographics, economic shifts, customer's buying habits, and important information on competition.
3. Market research can identify how customers and potential customers might view your business and identify gaps in customer expectations. This is powerful information to have when completing your marketing strategy. Having good market intelligence helps to minimise risks when making key business decisions.
4. Consider the needs of your target costumers, the products that are in demand or trendy, also include your personal passion and capital.
5. Business planning helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed, but it also helps them to achieve short-term and long-term objectives.

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Morante, Francesca Gabrielle S. of ABM 11 GOKONGWEI 

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Morante, Francesca Gabrielle S. of ABM 11 GOKONGWEI 

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ENTREPRENEURSHIP (What's More)

1. What is a market need?
- These are the needs and wants of the consumers that has given them benefit in using the product or service.

2. How does market research help in determining the market need?
- Market research help in determining the market need by understanding the customer, it also provides the information to make a better decision.

3. What are the basic factors to consider in the market research?
- The size of the market, customer profile, geographical and cultural elements and competitors and segment of the market

4. How do we choose a product or service to sell?
- Think before making a decision and make self-analysis of your product/service.

5. How can we make sure that there's a market for your business?
- Make your customer as judge for your product/service, consider your category in the competition, focus on repeat business and put your idea to the test in order to learn what you don't know about your product, market and buyer.

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1. Businesses should start by learning about their customers' interests, desires, and needs. It's easier to sell what customers want and need than it is to sell something they don't see the value in purchasing.
2. It can assist you in making wise product packaging and promotional decisions, as well as constructing effective marketing messages.
3. You must research the number of companies that provide products or services similar to those you would like to provide, as well as the results they achieve.
4. Find or develop a product that solves a problem. Always consider the needs and wants of your target costumer.
5. As a future entrepreneur, it helps a lot because it can help me produce better products or services to consumers, and it helps you to identify your possible problems or challenges.

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1.Market needs refer to the functional needs, desires and goals of a target audience.

2.It can help you make wise product packaging and promotional decisions, as well as effective marketing messages.

3.You must analyze the number of companies that have products or services similar to those you want to offer, as well as the results they are obtaining.

4.The most important thing you can do before deciding what to sell is to think. And the more you think about a product or service before you bring it to market, the better your decisions will be.

5.The importance of a business plan to an entrepreneur begins by helping you to identify your possible problems and challenges.

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Leyton Honoridez ABM GOKONGWEI😗

1. The functional requirements, aspirations, and objectives of a target market are referred to as market needs. The corporation might make a sizable profit if that audience has a lot of unmet needs.

2. By giving data on the success of your marketing initiatives, market research might be useful. To get user input on the style and feel of your marketing messaging, we may design studies. Additionally, we may gauge consumer knowledge of and response to particular marketing initiatives.

3. It's imperative to have extremely defined goals before beginning any

market research assignment.

4. Consumers are frequently more willing to spend money to get the exact goods they desire when they are passionate about a certain trade or pastime. When analyzing the prospective market opportunity for any product or series of products, this willingness-to-pay factor might be a crucial factor.

5.  Knowing the market: Before you can identify company needs, you must first learn about and comprehend the industry you intend to penetrate. Understanding your competition, determining client wants, and researching market trends are all necessary for this. This data enables you to run your company wisely and guarantees that the goods or services you provide are in high demand.

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1.it refer to the functional needs, desires and goals of a target audience
2.It can help you make wise product packaging and promotional decisions.
3. is a market for your company or if you can offer something better or more innovative
4.Read customer reviews on existing products.
5. It helping you to identify your possible problems and challenges.

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Manguilin, John Andrei T.                                 11-ABM Gokongwei 

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Manguilin, John Andrei T.                                 11-ABM Gokongwei 

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1.Market need refers to the demand for a particular product or service in the marketplace. It represents the desire or requirement for a product or service among a particular group of consumers, often based on specific needs, preferences, or trends.
2.Market research helps in determining the market need by providing insights into customers' preferences, behavior, and purchasing patterns. By conducting market research, businesses can gain a better understanding of what their target market wants and needs.
3.•Purpose: The purpose of the market research must be clearly defined.
•Target Audience: It is important to define the target audience for the research.
•Research Methodology: Choosing the right research methodology is critical to the success of the research.
4.Consider a product that is trendy so it can catch people's attention
5.Making informed decisions: Business planning helps you make informed decisions about your business. By analyzing the market, identifying potential risks and opportunities, and setting goals, you can make decisions that are grounded in data and analysis.

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11-GOKONGWEI/ABM

1.Market needs refer to the functional needs, desires and goals of a target audience.

2.It can help you make wise product packaging and promotional decisions, as well as effective marketing messages.

3.You must analyze the number of companies that have products or services similar to those you want to offer, as well as the results they are obtaining

4.Consider the needs of your target customers, the products that are in demand or trendy, also include you personal, passion and capital

5.As an entrepreneur, having a business plan helps you define and focus on your business ideas and strategies

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1. What is a market need?
-Market needs refer to the functional needs, desires and goals of a target audience
2. How does market research help determining the market need?
-It can help you decide whether a new idea for a business or product will fly – that is, if customers will find it appealing – based on how similar products have performed in the marketplace.
3. What are the basic factors to consider in the market research?
-You must analyze the number of companies that have products or services similar to those you want to offer, as well as the results they are obtaining
4.How do we choose a product/service to sell?
-Consider the needs of your target costumers, the products that are in demand or trendy, also include your personal passion and capital.
5.As a future entrepreneur, why do you need to study a business planning or identifying market needs?
-The importance of a business plan to an entrepreneur begins by helping you to identify your possible problems and challenges.

# data[].attributes.body
1. The functional requirements, aspirations, and objectives of a target market are referred to as market needs. In order to fill unmet demands in a particular market segment, a corporation may develop a product or service. The corporation might make a sizable profit if that audience has a lot of unmet needs.

2. By giving data on the success of your marketing initiatives, market research might be useful. To get user input on the style and feel of your marketing messaging, we may design studies. Additionally, we may gauge consumer knowledge of and response to particular marketing initiatives.

3. It's imperative to have extremely defined goals before beginning any
market research assignment.

4. Consumers are frequently more willing to spend money to get the exact goods they desire when they are passionate about a certain trade or pastime. When analyzing the prospective market opportunity for any product or series of products, this willingness-to-pay factor might be a crucial factor.

5.  Knowing the market: Before you can identify company needs, you must first learn about and comprehend the industry you intend to penetrate. Understanding your competition, determining client wants, and researching market trends are all necessary for this. This data enables you to run your company wisely and guarantees that the goods or services you provide are in high demand.

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1. Market needs are the practical requirements, aspirations, and objectives of a target group.

2.  It can help you decide whether a new business or product idea will fly, whether customers will find it appealing. It can assist you in making sound product packaging and promotional decisions, as well as crafting effective marketing messages.

3. The basic factors to consider in the market research is the number of companies that offer comparable goods or services to what you want to offer, as well as the result they are experiencing. Another important aspect to consider is whether your company can offer something better or more innovative.

4. When choosing a product or service to sell we need to consider the needs of your target costumers, products that are popular or trendy nowadays.

5. For me the importance of a business plan to a future entrepreneur like me, it will help me to identify and focus on my business ideas and strategies. I will not only concentrate on financial matters but also on management issues. It will also help me to set clear goals and guidelines for how I will manage my business.

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1. A market need refers to a gap or opportunity that exists in the marketplace that can be fulfilled by a product or service.

2. Market research helps businesses identify the needs of their customers. By gathering information about customer preferences and behavior, businesses can identify gaps in the market and create products or services that meet those needs.

3.Purpose, Research Methodology, Sample Size, Target Audience, Data Collection, Data Analysis, Actionable Insights.

4. Identify market demand, Analyze competition, Assess profitability, Evaluate your expertise, Consider the scalability, Assess the legal and regulatory requirements

5. Setting clear goals and objectives: By creating a comprehensive business plan, you can set clear goals and objectives for your business. This will help you stay focused on what you want to achieve and give you a roadmap to follow.

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1.Market needs are the practical requirements, aspirations, and objectives of a target group.
2. You need to examine the amount of businesses that offer goods or services that are comparable to those you wish to give, as well as the outcomes they are experiencing.
3. Consider the needs of your target costumers, the products that are in demand or trendy, also include your personal passion and capital.
4.Based on how competing items have fared in the market, you may determine whether a new idea for a business or product will succeed, that is, if buyers will find it compelling.
5. help define your future ambitions for your company.

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11 ABM Gokongwei

1.Market needs is essential for businesses to remain competitive and grow. By understanding and responding to customer needs, companies can develop new products or services, improve existing ones, and tailor their marketing strategies to better reach their target audience

2.Market research plays a critical role in determining the market need by providing insights and data on consumer preferences, behavior, and trends

3.Objective.Clearly define the purpose and goal of the research. This helps to ensure that the research is focused and relevant to the business.

4.Identify your target market Who are your potential customers, what are their needs, and what kind of products or services do they require? Conducting market research can help you answer these questions and understand your target audience

5.Identifying market needs helps you understand your target audience, their preferences, and their pain points. It will help you develop products or services that are tailored to their specific needs and preferences. This, in turn, can help you attract and retain customers, build brand loyalty, and ultimately, grow your business

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Alinsod, Mike Archie P. ABM 11-GOKONGWEI

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Alinsod, Mike Archie P. ABM 11-GOKONGWEI

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1. Market needs is important for businesses as it allows them to create products or services that will meet the needs and desires of their target customers.

2. Market research can help in determining market need in several ways such as identifying customer needs, assessing market size, identifying trends and patterns, and evaluating competition.

3. Some of the basic factors to consider in market research include target market, competitor, data analysis and trends.

4. Choosing a service or product to use can depend on a variety of factors, including personal preferences, needs, and budget.

5. To understand the market industry, and develop a competitive advantage. It will also enhance my decision making and more skills.

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Gapan, Jasmine Anika N.                    11- Gokongwei 

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Gapan, Jasmine Anika N.                    11- Gokongwei 

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1. Market needs are the wants, needs, an interests of a company's desired buyers, or target customers that will benefit them.
2. It can help you make wise product packaging and promotional decisions, as well as effective marketing messages.
3. the number of companies that have products or services similar to those you want to offer, as well as the results they are obtaining.
4. Find a good product with branding potential.
5. As a Future entrepreneur, Having a business plan helps you identify potential pitfalls in your idea.

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1. Market needs refers to the things that customers require when purchasing a product or services.

2. Based on how similar products have fared in the market, you may determine whether a new idea for a business or product will take off, or in other words, if people will find it appealing. You can use it to make smart choices about marketing strategies, product packaging, and promotions.

3.You need to examine the amount of businesses that offer goods or services that are comparable to those you wish to give, as well as the outcomes they are experiencing.

4. We need to consider the customer needs of your target customers. Choose the products to sell that are in demand and trendy.

5. As a future entrepreneur, I need to study business planning because it can help me to define and focus on business ideas and strategies in the future.

5.

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1. Market needs inform organizations about what products develop, for what customers, at what cost, through which distribution channels, reducing the uncertainty that a new product/service development always brings with it.

2. It can help you determine who and where your customers are, and which customers are most likely to do business with you.

3. Knowing your target audience thoroughly is key to a good market study. This is because not all products are ideal for everyone, and the more focused the target audience is, the better results will be obtained. It is therefore essential to know well who you want to reach.

4. You must develop the ability to select and offer the right products or services to your customers in a competitive market.

5. A good business plan helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed.

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1) A market need is the needs and wants of you target audience.
2) It can help us identify market trends, demographics, economic shifts, customer's buying habits, and important information on competition.
3) The basic factors to consider in market research is the target audience, the number of companies that have products or services similar to those you want to offer, as well as the results they are obtaining, Another important aspect to consider is whether there is a market for your company or if you can offer something better or more innovative, and collecting the data.
4) We need to consider the needs and wants of our customers and the products that are in demand.
5) A business plan is a very important and strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed, but it also helps them to achieve short-term and long-term objectives.

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1,Market needs are the things that customers require when purchasing a product or service.
2,It can help you determine who and where your customers are, and which customers are most likely to do business with you
3)Goals
Before you start any market research project, it’s essential that you define very specific goals. By identifying just one or two goals for your study, the questions you ask will be more focused.
4)Consider the needs of your target costumers, the products that are in demand or trendy,
5,As an entrepreneur, having a business plan helps you define and focus on your business ideas and strategies.

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Faejan Sherby G. Delos Reyes              ABM 11-GOKONGWEI

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Faejan Sherby G. Delos Reyes              ABM 11-GOKONGWEI

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1.  Market needs are the practical requirements, aspirations, and objectives of a target group. A business may recognize a gap in the market's needs and develop a product or service to fill it. The business may make a significant profit if that customer has a lot of needs.
2. Market research gives you vital knowledge about your industry and competitive environment. It can inform you of how the target clients and customers you want to reach view your business.
3. We need to examine the amount of businesses that offer goods or services that are comparable to those we wish to give, as well as the outcomes they are experiencing. Whether there is a demand for our business or whether we can provide something better or more inventive is another crucial factor to take into account.
4. It should be necessities prevail(Customer's needs/wants).
A product can be defined as a necessity when customers have more expectations of its functions than its style, appearance, color, and size.
5. Because market research open our eyes to what we need to do in order to get the most business benefits possible out of our marketing campaign.

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1. What is a market need?

• The market needs a desires and goals of a target audience or target market.

2. How does market research help in determining the market needs?

• It helps determine whether a new business or product idea will be successful, i.e. whether customers will find it attractive based on the performance of similar products on the market. This not only helps with effective marketing messages, but also smart product packaging and advertising decisions.
3. What are the basic factors to consider in the market research?
• You need to analyze how many companies offer products and services similar to yours and the results they are getting. Another important consideration is whether your business has a market or if you can offer something better or more innovative.
4. How do we choose a product/ service to sell?
• When choosing a product to sell, you should consider not only your interests and hobbies in something, but also the popularity of something and the preferences of your target market.
5. As a future entrepreneur, Why do you need to study a business planning or identifying market needs?
• The importance of a business plan for an entrepreneur begins with helping identify potential problems and challenges that will help you to overcome it. And also to give you idea on what can you do to make your business successful.

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1. Market needs is the market suggestions and their desires product
2.it can help in determining the market trends if we determine it we can know the consumers wants
3.the basic factor to the market Research is observe your future consumers or customers in the data we gain for them we can use it in reference in making decisions in the product or business we are making
4.Consider the needs and wants of the target market then know the market trends so that we can make a product that they will buy
5.so that when we start a business, we already know what we will do and the factors that we will consider in knowing our market needs and wants

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Enerio, Jasmine Rose V.
ABM- GOKONGWEI

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1.should start by knowing the consumer's interests, desires and needs
2.Helps determine whether a new business or product idea will be successful
3.You need to analyze how many companies offer products and services similar to yours and the results they are getting.
4.Identify or create products that solve problems
5.It helps identify possible problems and challenges.

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1. Market needs refer to the functional needs, desires and goals of a target audience
2. It can help you decide whether a new idea for a business, if customers will find it appealing
3. The number of companies that have products or services similar to those you want to offer
4. A product that has an easily reachable market
5. Business planning can help me identify my possible problems and challenges in my life

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Mary Jane Y. Laboc

1. Market needs refer to the functional needs, desires and goals of a target audience.
2. It helps you decide a new idea of product for business.
3. To identify the opportunities of the business and the other business that have the same product as yours.
4. I choose the product/service base on what customers wants or needs.
5. To know the business plan in the future.