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Question
Write short notes on:
Marketing research.
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Solution 1
Marketing research is the application of research methods. solving various marketing problems. First, market information is gathered and analysed. This is necessary to understand customer needs and inform marketing decisions.
Solution 2
Marketing research helps a company evaluate the prospective demand for a product or service. It can also determine potential clients’ needs, desires, and preferences. Marketing research can analyze customer attitudes toward a specific product, including its price, quality, and predicted demand. Marketing research allows a product to be tested before it is officially introduced to the market. Marketing research can also help identify new uses for existing items.
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