You can easily get information from social media too. Look for consumer groups specific to your business and follow the conversations, you would understand what the customers want and what is trending.
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You are very right. There are times when I will buy a new product for my shop and I’d ask my customers how much they buy it out there. If I calculate it and realize that I can make profit, I’d sell it at that price so that they will keep comingFor business owners, having information is extremely important, every plan we make or decisions we take are based on these information. One of the best places to get information from is through your customers. One of our major goal beside making profit, is to satisfy our customers, getting information from them makes it a lot easier. We can easily find out what is trending to help create better services and satisfaction.