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It is the process of analyzing and gathering information and data on a particular market or industry including its, trends, competitors, customers, and other factors.
The goal of market research is to help companies make informed decisions about their products, marketing strategies, services, and other key business activities.
It can involve many methods such as focus groups, surveys, interviews, observational studies, and data analysis.
The information gathered through market research can give businesses insights into customer needs and preferences, market trends, and competitive strengths and weaknesses.
By using this, businesses can improve their products or service, and make informed business decisions. They can also develop effective marketing strategies.
There are many types of market research some of the most common types of market research are given below:
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|Distribution||Consumer Behavior||Social media marketing|
|Direct marketing||Telemarketing||Relationship marketing|
|Media marketing||Fashion marketing||E-marketing|
|Internet Marketing||Marketing Planning & Forecasting||Nonprofit Marketing|
|Relationship Marketing||Brand Management||Market Segmentation & Targeting|
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