The location where buying , selling and negotiation of products and services takes place is called Market. The process of buying and selling of goods or services is called Business.
in order to start a new business you must be aware of the market place, if you start a business where the market doesn't exist, then, you won't find any customers in the vicinity and in order to make profit , recoup the investment , you need business i.e. customers.
Now speaking of online market, If I tell one of my friend who doesn't know the concept of blogging, affiliate marketing and who runs offline business, hey , I have started a new blog / got affiliated with amazon / click bank , he will laugh at me, because he is not aware of this process of doing business.
In the same way , whenever a person starts to do any business He must be aware of the target market where you find people buying and selling such types of products and services,
Now when it comes to blogging , we need to search for subject related forums where people discuss about a particular topic where you are interested and you can exchange ideas between them.
Your business flourishes when the location of your company in situated in the market.
There are many others factors that leads to flourishing your business like being innovative, adaptive , deployment of technology ,skilled staff, goodwill, brand equity and many more to say..
Market Research and Market Surveys are the strategies which sprout out from the above explained concept.
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