MARKETING RESEARCH

-

  •  How is actually marketing done?



Marketing is the process of advertising it's particular field and bringing the customers to their market. Nowadays, it is very casual in every business. Marketing is categorized into two categories; They are:

1.Online marketing :  In this marketing, the way of advertising their business is done through any online means of communication and internet. At present, there are many platforms for this purpose.

2.Offline marketing : It is the traditional process of advertising the business to bring the customers to their market. It is also followed by many marketers to perform their offline business.

  • Marketing Research

It is the systematic process of analyzing the present condition of market and it's demand and conducting the operation of business accordingly.

  • Marketing Research Examples

  1. Interviews
  2. Focus groups
  3. Questionaries
  4. Surveys
  5. Customer observation

  • Types of marketing research

  1. Competitive analysis
  2. Brand sentiment
  3. Customer decision making
  4. Customer segmentation
  5. Market messaging
  6. Product pricing
  7. Product development

  • Methods of marketing research

Typically, the  methods of marketing research is classified into two basis; They are:

  1. Primary market research :  Primary market research is a unique study conducted by yourself to discover the wants and needs of the consumers who fit the description of your target market. The process involves approaching your targeted source and asking questions about your product or service.
  2. Secondary market research: Secondary research is a type of research that has already been compiled,gathered, organised and published by others. It includes reports and studies by government agencies, trade associations or other businesses in your industry.

  • Benefits of marketing research
  • Maintain a Customer-Centric Approach
  • Connect With Your Audience More Effectively
  • Identify Opportunities for Growth
  • Reduce Risks by Testing Concepts
  • Make More Informed Decisions
  • Compete More Effectively
  • Stay on Top of Trends.


Comments

Post a Comment

Popular posts from this blog

EARN 25000$ BY SITTING AT HOME !!!!!!! Don't miss

-
  Freelancing : Consider offering your skills and services as a freelancer. Many platforms connect freelancers with clients looking for various services such as writing, graphic design, programming, virtual assistance, and more. You can create a profile and showcase your expertise to attract clients. Online Surveys and Microtasks : Some websites offer payment for completing online surveys, participating in market research, or performing small tasks like data entry or website testing. While the earnings may be modest, it can be a way to earn some extra income in your spare time. Affiliate Marketing : This involves promoting products or services through unique referral links. When someone makes a purchase using your link, you earn a commission. Building a website or social media presence can help attract an audience and increase your chances of earning through affiliate marketing. Online Tutoring or Teaching : If you have expertise in a particular subject, you can offer online tutori...
Read more

Exploring the Top Online Earning Site Options to Boost Your Income

-
  Introduction: In today's digital age, the internet has provided numerous opportunities to earn money online. Whether you're a student, a professional, or someone seeking additional income, online earning sites offer a convenient way to supplement your financial goals. In this article, we will delve into some of the top online earning site options that can help you maximize your earning potential. Freelancing Platforms: Freelancing platforms like Upwork, Freelancer, and Fiverr have revolutionized the way individuals offer their skills and services online. These platforms connect businesses and clients with freelancers from various domains such as writing, graphic design, programming, and marketing. By creating a compelling profile and showcasing your expertise, you can attract clients and secure projects that align with your skills, allowing you to earn a substantial income while working remotely. Online Tutoring Platforms: With the rise of e-learning, online tutoring platform...
Read more

HOW CAN YOU MAKE MONEY ONLINE? (FOR TEENAGERS)

-
 Money is the most essential part of our life which is required to everyone. Many people work under someone, and some makes people work under, and unfortunately many of them are unemployed. But in order to earn money people come to any point, which can lead to financial problem.  So this site brings out you the some way to explore the ways to make money even if you are under 18 too.  To get to the right path of earning money or success, you are strictly prohibited to choose the shortcut paths because they don't have their fixed aim. If you choose the shortcut paths to earn money you may need to cry in future. You should always choose the right and straight path to the success. You can get many sites those will teach you about to earn money in short time, but they also know that this money would not be for long time but also they don't tell you about that and you get trapped in that. You should never choose the shortcut path to the success in your life, because it can lead...
Read more