Tag: marketing research
What is Marketing Research? A Simple Overview
Did you know that behind every blockbuster product or viral campaign lies a treasure trove of insights? Successful companies don’t rely on luck or gut feelings—they use marketing research to uncover the secrets of their customers’ hearts and minds. Think of it as a detective’s toolkit for businesses, helping them decode what people truly want,…
Marketing Research Process in 6 Easy Steps
Did you know that 80% of businesses use market research to stay ahead of competitors and understand customer needs? (Hanover Research). Marketing research helps companies make smart decisions instead of guessing. It reveals what customers want, what trends are growing, and how businesses can improve. Without research, companies may waste money on products or ads…
12 Limitations of Marketing Research to remember while conducting it
Marketing research is a critical component in developing effective marketing strategies. It helps businesses understand their target audience, identify market trends, and make data-driven decisions. However, like any tool, marketing research has its limitations. In this blog post, we will explore the key limitations of marketing research, providing insights and real-world examples to help you…
Understanding the Scope of Marketing Research
Marketing research is an essential component of any successful marketing strategy. Unlike market research, which focuses on gathering data about the market size, competitors, and target audiences, marketing research focuses on understanding the effectiveness of marketing efforts, consumer behaviour, and brand positioning. In this blog post, we will explore the extensive scope of marketing research,…
Objectives of Marketing Research: Why is it done + Examples
Marketing research is a critical function in any business, guiding strategic decisions that can make or break a product or service in the marketplace. Unlike market research, which focuses on understanding the broader market, marketing research focuses on Aspiring Product marketers the specifics of marketing activities. It seeks to understand consumer behaviors, optimize campaigns, and…
