Marketing investigate is a systematic process of analyzing data that entails conducting investigate to assist marketing functions and also the statistical interpretation of data into info. This information and facts is then utilized by administrators to approach marketing functions, gauge the character of the agency's marketing surroundings also to

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Marketplace segmentation includes using the full heterogeneous market for a product and dividing it into several sub-marketplaces or segments, Every of which has a tendency to be homogeneous in all major aspects.[12] The process is performed for two key uses: better allocation of a company's finite resources and to raised serve the more diversified

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