Episode #25: How to Conduct Market Research for Your Teacher Business

Have you ever had an amazing idea, maybe for a digital resource, a service or even an entire business and put in the work to make that idea come to life only to discover that when it was time to sell, nobody was ready to buy it?

If so, it was probably because you missed a really important step of the product creation process. One that can actually make or break your business success overall. 

In this episode we’re going to talk about all things market research, what it is, how to utilize it, and ways to gather market research so that when it’s time for you to sell your products and services, you know what your people want and that they are ready to buy what you have to sell.

Episode Highlights:

  • What is market research? What it’s used for and how it supports your business decisions.

  • How to conduct market research by asking your audience

  • How to conduct market research by studying your competition and industry leaders

  • How to conduct market research by studying your analytics

  • How to conduct market research by using market research tools

  • How to conduct market research by focusing on empathy

Action Steps:

Choose just one way to conduct market research before you create your next product or content piece, whether that’s a digital resource or a blog post, and use that information to inform what you create. 

And then, send me a DM on instagram @gracemariegriffith and let me know which method you used. I’d love to hear how it went and what your results looked like. 

Find your Ideal Type of Marketing System

If you’re wondering what a marketing system could look like for you, I made a quiz to help you make decisions about marketing for your teacher business. Marketing is how to get the word out about what you have to sell, and that process looks different for everyone. So if you’re not sure what platforms you should be using or how much marketing you should be doing, head over to gracemariegriffith.com/marketingquiz and answer ten questions about your business

Rate, Review and Subscribe on Apple Podcasts

Are you enjoying this podcast? If so, please consider rating and reviewing my show. This helps other teachers find this podcast and get the same strategies that helped you so they can build the workflow and confidence they want!

How to review:

  1. Click “Review the Show” below.

  2. Scroll to the bottom of the page and tap to rate with five starts

  3. Select “Write a Review.”

  4. Then write and let me know what you loved most about the episode!

And if you haven’t yet, click here to subscribe to the show so you don’t miss any new episodes!

Previous
Previous

Episode #26: How to Represent Your Brand with Graphic Design

Next
Next

Episode #24: How to Set Goals that You Can Actually Achieve