Marketing Research for Dummies
noun
What does Marketing Research really mean?
So, marketing research is basically when a company wants to find out what people like and don't like about their products or services. It's like when you want to know what your friends think about a new game or movie. You ask them questions to get their opinions, right? Well, companies do the same thing, but on a bigger scale.
They ask a lot of different people questions, or they might watch how people behave when they're shopping or using a product. This helps them understand what customers want and how they can make their products better. It's like when a chef tastes their food before serving it to customers to make sure it's just right. Marketing research helps companies make sure their products are something that people will want to buy, and that they're priced and advertised in the best way possible.
Another way to explain it is that marketing research helps companies take a good look at their customers so they can understand them better. It's like when you're trying to get to know a new friend – you ask them questions, observe what they like and don't like, and then you can choose the best way to be a good friend to them. Companies do the same thing, but with their customers.
So, all in all, marketing research is like a big investigation that companies do to figure out what people like, don't like, and really want. They use this info to make their products and marketing better for customers. It's kind of like when you do a puzzle – you gather all the pieces and put them together to see the bigger picture. That's what marketing research helps companies do – put all the pieces together to understand their customers and how to make their products even better.
They ask a lot of different people questions, or they might watch how people behave when they're shopping or using a product. This helps them understand what customers want and how they can make their products better. It's like when a chef tastes their food before serving it to customers to make sure it's just right. Marketing research helps companies make sure their products are something that people will want to buy, and that they're priced and advertised in the best way possible.
Another way to explain it is that marketing research helps companies take a good look at their customers so they can understand them better. It's like when you're trying to get to know a new friend – you ask them questions, observe what they like and don't like, and then you can choose the best way to be a good friend to them. Companies do the same thing, but with their customers.
So, all in all, marketing research is like a big investigation that companies do to figure out what people like, don't like, and really want. They use this info to make their products and marketing better for customers. It's kind of like when you do a puzzle – you gather all the pieces and put them together to see the bigger picture. That's what marketing research helps companies do – put all the pieces together to understand their customers and how to make their products even better.
Revised and Fact checked by Ava Hernandez on 2023-11-18 03:52:47
Marketing Research In a sentece
Learn how to use Marketing Research inside a sentece
- When a new company wants to launch a product, they do marketing research to find out what customers want and how much they are willing to pay for it.
- A store may use marketing research to figure out which products are selling well and which ones customers are not interested in, so they can make changes to their inventory.
- A restaurant might do marketing research to learn about their customers' preferences, like what kind of food they like and how often they eat out.
- A car company could use marketing research to find out what features and designs customers like in their cars, so they can make changes to their upcoming models.
- A clothing company might use marketing research to understand what styles and colors are popular with different age groups, so they can design their new collections accordingly.
Marketing Research Synonyms
Words that can be interchanged for the original word in the same context.
Marketing Research Hypernyms
Words that are more generic than the original word.
Marketing Research Hyponyms
Words that are more specific than the original word.