Quotes
Fun Fact
Tips & Trick
How To
Recipes
Synopsis
Summary
Specification
Filter:
Market Research is the process of collecting and analyzing data to understand the market and consumer needs.
© Chloroformzt Official - Est 2009
10 Interesting Fact About Market Research
10 Interesting Fact About Market Research
Transcript:
Languages:
Market Research is the process of collecting and analyzing data to understand the market and consumer needs.
One of the market research methods is an online survey that can be done quickly and efficiently.
Market Research can help companies in determining the right product price.
In the Market Research, there is the term Focus Group Discussion which is a discussion group of certain products or services.
Market Research can help companies in developing effective marketing strategies.
Market Research can also help companies in understanding competitors and market trends.
One of the market research techniques is direct observation, where researchers directly observe consumer behavior in the field.
Market research often requires representative samples of the intended population to get accurate results.
Market research can also help companies identify new market opportunities.
One of the software that is often used in Market Research is SPSS (Statistical Package for the Social Sciences) for data analysis.
