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MARK 1115: Secondary Marketing Research

Customers / Consumers

Knowing about your potential customers (or consumers in general) is a crucial part of market research. Depending on the consumer variables, you may want to research geographical differences, demographics (age, gender, education, income, etc.), psychographic characteristics, and/or consumer attitudes, uses, or responses to a product/service.

The resources below will take you to the sources that may be able to answer such questions as:

  • What are customer buying habits, perceptions, motivations, beliefs, and attitudes toward the products/services currently available?
  • What specific requirements do they have that your product or service could provide?
  • Where do your target customers live?
  • How big is the market segment? How many potential customers might you have?
  • What is the estimated dollar value of the market segment? Is it expected to grow?