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# Market Research Report Validation Checklist
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## Research Foundation
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### Objectives and Scope
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- [ ] Research objectives are clearly stated with specific questions to answer
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- [ ] Market boundaries are explicitly defined (product category, geography, segments)
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- [ ] Research methodology is documented with data sources and timeframes
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- [ ] Limitations and assumptions are transparently acknowledged
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### Data Quality
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- [ ] All data sources are cited with dates and links where applicable
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- [ ] Data is no more than 12 months old for time-sensitive metrics
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- [ ] At least 3 independent sources validate key market size claims
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- [ ] Source credibility is assessed (primary > industry reports > news articles)
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- [ ] Conflicting data points are acknowledged and reconciled
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## Market Sizing Analysis
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### TAM Calculation
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- [ ] At least 2 different calculation methods are used (top-down, bottom-up, or value theory)
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- [ ] All assumptions are explicitly stated with rationale
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- [ ] Calculation methodology is shown step-by-step
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- [ ] Numbers are sanity-checked against industry benchmarks
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- [ ] Growth rate projections include supporting evidence
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### SAM and SOM
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- [ ] SAM constraints are realistic and well-justified (geography, regulations, etc.)
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- [ ] SOM includes competitive analysis to support market share assumptions
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- [ ] Three scenarios (conservative, realistic, optimistic) are provided
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- [ ] Time horizons for market capture are specified (Year 1, 3, 5)
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- [ ] Market share percentages align with comparable company benchmarks
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## Customer Intelligence
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### Segment Analysis
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- [ ] At least 3 distinct customer segments are profiled
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- [ ] Each segment includes size estimates (number of customers or revenue)
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- [ ] Pain points are specific, not generic (e.g., "reduce invoice processing time by 50%" not "save time")
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- [ ] Willingness to pay is quantified with evidence
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- [ ] Buying process and decision criteria are documented
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### Jobs-to-be-Done
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- [ ] Functional jobs describe specific tasks customers need to complete
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- [ ] Emotional jobs identify feelings and anxieties
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- [ ] Social jobs explain perception and status considerations
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- [ ] Jobs are validated with customer evidence, not assumptions
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- [ ] Priority ranking of jobs is provided
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## Competitive Analysis
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### Competitor Coverage
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- [ ] At least 5 direct competitors are analyzed
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- [ ] Indirect competitors and substitutes are identified
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- [ ] Each competitor profile includes: company size, funding, target market, pricing
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- [ ] Recent developments (last 6 months) are included
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- [ ] Competitive advantages and weaknesses are specific, not generic
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### Positioning Analysis
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- [ ] Market positioning map uses relevant dimensions for the industry
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- [ ] White space opportunities are clearly identified
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- [ ] Differentiation strategy is supported by competitive gaps
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- [ ] Switching costs and barriers are quantified
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- [ ] Network effects and moats are assessed
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## Industry Analysis
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### Porter's Five Forces
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- [ ] Each force has a clear rating (Low/Medium/High) with justification
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- [ ] Specific examples and evidence support each assessment
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- [ ] Industry-specific factors are considered (not generic template)
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- [ ] Implications for strategy are drawn from each force
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- [ ] Overall industry attractiveness conclusion is provided
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### Trends and Dynamics
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- [ ] At least 5 major trends are identified with evidence
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- [ ] Technology disruptions are assessed for probability and timeline
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- [ ] Regulatory changes and their impacts are documented
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- [ ] Social/cultural shifts relevant to adoption are included
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- [ ] Market maturity stage is identified with supporting indicators
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## Strategic Recommendations
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### Go-to-Market Strategy
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- [ ] Target segment prioritization has clear rationale
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- [ ] Positioning statement is specific and differentiated
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- [ ] Channel strategy aligns with customer buying behavior
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- [ ] Partnership opportunities are identified with specific targets
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- [ ] Pricing strategy is justified by willingness-to-pay analysis
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### Opportunity Assessment
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- [ ] Each opportunity is sized quantitatively
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- [ ] Resource requirements are estimated (time, money, people)
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- [ ] Success criteria are measurable and time-bound
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- [ ] Dependencies and prerequisites are identified
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- [ ] Quick wins vs. long-term plays are distinguished
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### Risk Analysis
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- [ ] All major risk categories are covered (market, competitive, execution, regulatory)
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- [ ] Each risk has probability and impact assessment
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- [ ] Mitigation strategies are specific and actionable
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- [ ] Early warning indicators are defined
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- [ ] Contingency plans are outlined for high-impact risks
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## Document Quality
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### Structure and Flow
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- [ ] Executive summary captures all key insights in 1-2 pages
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- [ ] Sections follow logical progression from market to strategy
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- [ ] No placeholder text remains (all {{variables}} are replaced)
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- [ ] Cross-references between sections are accurate
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- [ ] Table of contents matches actual sections
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### Professional Standards
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- [ ] Data visualizations effectively communicate insights
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- [ ] Technical terms are defined in glossary
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- [ ] Writing is concise and jargon-free
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- [ ] Formatting is consistent throughout
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- [ ] Document is ready for executive presentation
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## Research Completeness
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### Coverage Check
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- [ ] All workflow steps were completed (none skipped without justification)
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- [ ] Optional analyses were considered and included where valuable
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- [ ] Web research was conducted for current market intelligence
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- [ ] Financial projections align with market size analysis
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- [ ] Implementation roadmap provides clear next steps
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### Validation
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- [ ] Key findings are triangulated across multiple sources
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- [ ] Surprising insights are double-checked for accuracy
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- [ ] Calculations are verified for mathematical accuracy
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- [ ] Conclusions logically follow from the analysis
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- [ ] Recommendations are actionable and specific
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## Final Quality Assurance
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### Ready for Decision-Making
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- [ ] Research answers all initial objectives
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- [ ] Sufficient detail for investment decisions
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- [ ] Clear go/no-go recommendation provided
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- [ ] Success metrics are defined
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- [ ] Follow-up research needs are identified
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### Document Meta
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- [ ] Research date is current
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- [ ] Confidence levels are indicated for key assertions
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- [ ] Next review date is set
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- [ ] Distribution list is appropriate
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- [ ] Confidentiality classification is marked
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---
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## Issues Found
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### Critical Issues
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_List any critical gaps or errors that must be addressed:_
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- [ ] Issue 1: [Description]
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- [ ] Issue 2: [Description]
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### Minor Issues
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_List minor improvements that would enhance the report:_
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- [ ] Issue 1: [Description]
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- [ ] Issue 2: [Description]
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### Additional Research Needed
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_List areas requiring further investigation:_
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- [ ] Topic 1: [Description]
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- [ ] Topic 2: [Description]
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---
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**Validation Complete:** ☐ Yes ☐ No
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**Ready for Distribution:** ☐ Yes ☐ No
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**Reviewer:** **\*\***\_\_\_\_**\*\***
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**Date:** **\*\***\_\_\_\_**\*\***
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