The market research process is a crucial step in the process of product development. It is the first step that needs to be taken and it takes a lot of time and effort. The market research process starts with gathering information from various sources and then analyzing it. This information is used to create a large amount of data that can be analyzed in order to determine trends, patterns, etc. This data is then used to create a large amount of graphs, charts, and tables that are used later on when developing new products or services.