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Author Question: Business-to-business markets include all of the following except ____ markets. A) producer B) ... (Read 228 times)

JGIBBSON

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Business-to-business markets include all of the following except ____ markets.
 A) producer
  B) governmental
  C) institutional
  D) financial
  E) reseller

Question 2

What is market research? Define and describe how companies use market research to make better marketing decisions.



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AISCAMPING

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Answer to Question 1

D

Answer to Question 2

Market research involves gathering, interpreting, and applying information to uncover opportunities and challenges. The goal is better marketing decisions: more value for consumers and more profits for businesses that deliver.
Companies use market research in a number of different areas:

to identify external opportunities and threats (from competition to social trends)
to monitor and predict customer behavior
to evaluate and improve each area of the marketing mix
Most successful marketers rely on research to develop breakthrough products and effective marketing programs.




JGIBBSON

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Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it


LVPMS

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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