Market Research for SMEs: Understanding Customers and Markets with AI Enhanced Methods
English | July 21, 2026 | ISBN-10: 3032277647 | 138 pages| Epub PDF
A reliable data foundation is the cornerstone of
sound management decisions. Market research serves as a vital source of
data and insights on customers, competitors, and markets. This book
provides a concise and easily understandable guide for practitioners
from SMEs, founders, and startups—regardless of industry—on the key
aspects of conducting a market research study.
Scientifically
validated principles of data collection and analysis are presented
pragmatically. This enables decision-makers in small and medium-sized
enterprises to gain a quick yet thorough understanding of quantitative
surveys and qualitative group discussions. From precise research
questions to actionable data interpretation, this guide covers it all.
Artificial intelligence is integrated throughout the entire market
research process presented in this book. It shows how established tools,
such as ChatGPT, can be applied effectively across all stages, from
developing research questions to data analysis and interpretation.
Practical examples demonstrate how AI enhances efficiency and depth of
insight while complementing sound methodological thinking. A dedicated
section also addresses the opportunities and limitations of AI, ensuring
a balanced and practice-oriented perspective.