https://padlet.com/painjohn283/w6hacorjsffe ESO507 4A en-us 2018-08-07 02:04:30 UTC 2018-10-23 01:03:55 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Pizza.png painjohn283 https://padlet.com/painjohn283/w6hacorjsffe/wish/284177203 Ben can use Primary research to help him decide what would be best to sell at his bakery. 

A way he can do this is by asking people on the street and recording answers. ]]> 2018-09-21 00:00:28 UTC https://padlet.com/painjohn283/w6hacorjsffe/wish/284177203 painjohn283 https://padlet.com/painjohn283/w6hacorjsffe/wish/284177460 Ben can use Secondary research to help him decide how much to sell his products for, how much he should produce, and other things like what area he should aim to start his bakery.

He can do this by online research to see the average income for the area, therefore calculating how much consumers would have top spend.]]> 2018-09-21 00:02:55 UTC https://padlet.com/painjohn283/w6hacorjsffe/wish/284177460 painjohn283 https://padlet.com/painjohn283/w6hacorjsffe/wish/284181983 Market research is when you collect valuable information to find out if there are enough people who would consider buying your product. This helps the you(the entrepreneur) decide whether to produce a certain product or a different one.

Def: the collection and examination of information about things that people buy or might buy and their feelings about things that they have bought.

There are two types of Market Research; primary research, and secondary research(otherwise know as desk research).]]> 2018-09-21 00:12:18 UTC https://padlet.com/painjohn283/w6hacorjsffe/wish/284181983