<ul><li>Market research is crucial for the success of startups, as 42% fail due to a lack of market need.</li><li>Startups that use thorough market research have a higher chance of adjusting strategies and meeting market demands.</li><li>As startups scale, market research becomes even more critical, ensuring a smoother transition and higher success rates.</li><li>Continual market research leads to higher growth rates for companies, according to a study by McKinsey.</li></ul>

“The Importance of Market Research for Startups: Laying the Foundation for Success”

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