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Purpose of research
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Answer / gurumoorthy
The purpoe of market research is...
• Determine the profitability of the market
• Determine what customers want and need in the market
• Determine if there are already products available
that are popular in the market
• Determine profit potential in the market
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / nathani javed
the purpose of research is to know about something which is
available but we r not aware of it.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / gobinda ballav mohanty
My main purpose of research is to know about quality of
product,and also to know about, what are the competitors of
our product and how to improved it.It's my main motto.
| Is This Answer Correct ? | 4 Yes | 3 No |
the question is very interesting one, because the everyone
need soul of life, that like without research the product
is fail the market, because the research help to marketer
in the way of know about the consumer likes and dislikes
for the product. if your company wants to incresae the
sales and profit, the company the first step take the
research from the customer of the product.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / rajiv dviwedi
Research is done to know the future position of the product
and who would be our potential customer what would be the
price and how much to produce.To reduce wastage and loss.
| Is This Answer Correct ? | 1 Yes | 1 No |
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what is marketing
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