Market Research and Sources Questions

Covers methods and information sources for researching a market opportunity or industry. Candidates should demonstrate how to define the market and relevant questions to answer, identify and use secondary sources such as industry analyst reports, government statistics, company filings, trade publications, subscription databases, and public financial data, and conduct primary research such as customer interviews, surveys, and expert calls. Key skills include market sizing and growth estimation using top down and bottom up approaches, competitor mapping and positioning, segmentation and customer need analysis, identifying barriers to entry and regulatory constraints, estimating addressable market and serviceable market, validating assumptions, triangulating multiple data sources, and recognizing data quality and bias. Interviewers may probe frameworks for structuring market research, how to prioritize information needs, how to convert findings into market opportunity estimates and go to market implications, and how to document sources and assumptions.