Your market research data is incomplete. How can you make informed decisions without it?
Incomplete market research data doesn't have to stall your decision-making. Here's how to proceed wisely:
- Supplement with qualitative insights. Gather anecdotal evidence and expert opinions to fill gaps.
- Look for trends in the existing data. Even partial data can reveal patterns that inform decisions.
- Assess risks carefully. Consider the worst-case scenarios and devise contingency plans accordingly.
How do you approach decision-making when data is scarce?
Your market research data is incomplete. How can you make informed decisions without it?
Incomplete market research data doesn't have to stall your decision-making. Here's how to proceed wisely:
- Supplement with qualitative insights. Gather anecdotal evidence and expert opinions to fill gaps.
- Look for trends in the existing data. Even partial data can reveal patterns that inform decisions.
- Assess risks carefully. Consider the worst-case scenarios and devise contingency plans accordingly.
How do you approach decision-making when data is scarce?
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