Marketing research and its importance

Definition Marketing Research:

Marketing research is a systematic design, collection, analyses and reporting of the data related to marketing goods and services. Marketing research searches specific market problem and make the decision about a particular course of action.

Importance of marketing research:

  • It helps the in every aspect of marketing management.
  • It helps in knowing the market potential.
  • It is done before the product is launched or on a regular basis to keep in the market.
  • It helps in knowing the strength and weakness of the company.

Major marketing research agencies in India:

  • Operational research group
  • Marketing and research group
  • Indian marketing research bureau
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One Response to Marketing research and its importance

  1. Digital Marketing agency in India says:

    Thank you,
    The Information you shared is very informative
    Digital Marketing Agency in India

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