Market research is an important step in building marketing strategy. If market research is done well it will help administrators give an appropriate trading strategy. Market research is the study of the potential customers and banks compete. Affiliates may conduct market research using the information already available from studies or surveys conducted by questionnaire, interview to gather information. The information that the branch needs to focus on are:Proceed to gather information about the new products of other banks could replace the affiliate's products. Thereby, can proactively set out France's biệp dealing with the sudden fluctuations in the market. Collect information on SME policy, Government decisions, such as the circular relating to interest rates, exchange rates, import and export taxes and. .. Through that could forecast the market and build the business plan for the coming period.Collect information of existing production households and households have potential. Thus, the branch will make the right decision, the prevention of risks.Through the information collected by the branch will look at an overview of the market, the Bank's business strategy your opponent, his bank's position from which to build a comprehensive marketing strategy, viable.
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