Business Studies, asked by kparkingson299, 2 months ago

what is meant by term ‘market research’

Answers

Answered by Drake7
0

Answer:

The answer is:

Explanation:

Market research is the process of determining the viability of a new service or product through research conducted directly with potential customers. Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.

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Answered by sunainasingh89
13

Answer:

Market research (or marketing research) is any set of techniques used to gather information and better understand a company's target market. Businesses use this information to design better products, improve user experience, and craft a marketing message that attracts quality leads and improves conversion rates

Explanation:

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