For any business product categorization is very important. Through market survey and research on can identify the demand or availability of a particular product in the market. Accordingly the pricing strategy, the production planning, the distribution planning have been done. Every products lifecycle depends on the demand of common people in the market. If a product is in high demand and the availability or supply of that particular product or the supplementary product is insufficient in the market the price can be increased. So to run a business successfully the market survey and research is very important.