MARKETING Resource Center

What's the Purpose of Market Research?

October 24, 2008 Topic: Market Research Comments (0)

Market Research is a systematic, objective collection and analysis of data about a particular target market, competition, or environment. It always incorporates some form of data collection whether it is secondary research or primary research collected direct from a respondent. The purpose of any market research is to achieve an increased understanding of the subject matter. With markets becoming increasingly competitive, market research is now on the agenda of many organizations, large or small.

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Topic: Market Research Comments (0)

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