WATCH THE DOCUMENTARY FILM (MOVIE) --- SUPER SIZE ME - YOU WILL GET INFORMATION MORE THAN YOU THINK OF.
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There is a few reason on why so much money is spend on making research. The research can be used to make more produce, make them better and selling the product.
From 1985 to 1995, forest product companies spent more than $100 million on wildlife and environmental research,
How much money does a Market Research Analysts make?
There is much controversy in pharmaceutical companies and their marketing. Many spend more on advertising than they do dollars for research. In 2004, pharmaceutical companies invested over $1.7 billion in advertising in Canada alone.
First of all have a look at your competitors prices. Then simply ask your target market about different pricing, introducing your products/services to them and you will see how much your potential future clients are ready to spend on your things.
To make good decisions, to prepare a business plan and make a cash flow forecast, business information is required A solid research plan is your first step to success. Determine your target market, what the customers wants and needs are, what they will buy, and how much they will be willing to spend.
$ 1,000,000,000,000,000,000
$20
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The tobacco companies spend huge sums on advertising. But they make twice the amount back from sales.
Half of it goes to market
$277,000