answersLogoWhite

0


Best Answer

Market Research has advantages those are shown below:

1. Market Research are helps to improve our business;

2. Through this Market Research we are easily understand the risks;

3. Market Research measures your reputation; and

4. It helps us to plan to our future plans.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What can be advantages of a market research?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Marketing

What is the advantages and disadvantages of research on the youth market?

The advantages are that today's youth is in touch with technology and what's cool. Disadvantages are that they are all idiots. (I'd know :) being that I am a teen)


Modes of market research?

Market Research is a key factor to get advantage over competitors. Market research provides important information to identify and analyze the market need, market size and competition.Modes of Market Research and quantitative -- how many and qualitative -- what kind.Quantitative Market Research includes tasks such as:» Consumer Market Survey» Market Research Data Collection» Statistics» Market Significance testing» Market Research Data Analysis» Data Validation ServiceQualitative Market Research includes tasks such as:» Brand Market Research» Market Sector Research» Consumer Market Research» Pricing Research» Market Research Focus Groups


What are the advantages of field trials in market research?

there aren't any as it is a waste of time and space also life and lastly molly


What Is Syndicated Market Research and What Are the Advantages?

Syndicated market research is market research that isn't specific to one client. Because it is broad and general research that can benefit multiple companies or industries. It's main benefit is that it is cost effective. Custom research is typically more expensive as it is normally funded by one company instead of multiple companies. Some of the other benefits are that it can help companies measure brand awareness, identify industry trends, offer competitive research and provide a market overview.


What are the advantages of field market research?

It would allow the business or entreprenuer to see if the business would be succesful, as market research determines whether the product or services are in demand. Therefore it would mean that money would not be wasted on an unsuccessful idea.

Related questions

What are the advantages for data mining services?

Some of the advantages in data mining services include Market Data Research. this provides the companies with large amounts of data for research and development.


What are the disadvantages and advantages of quantitative and qualitative research?

well to start with the advantages * The results are statistically reliable and the disadvantages * · Quantitative market research projects often include larger numbers of respondents (quantity, as the name implies) and for that reason tend to cost significantly more than qualitative market research does. well to start with the advantages * The results are statistically reliable and the disadvantages * · Quantitative market research projects often include larger numbers of respondents (quantity, as the name implies) and for that reason tend to cost significantly more than qualitative market research does. well to start with the advantages * The results are statistically reliable and the disadvantages * · Quantitative market research projects often include larger numbers of respondents (quantity, as the name implies) and for that reason tend to cost significantly more than qualitative market research does.


Modes of market research?

Market Research is a key factor to get advantage over competitors. Market research provides important information to identify and analyze the market need, market size and competition.Modes of Market Research and quantitative -- how many and qualitative -- what kind.Quantitative Market Research includes tasks such as:» Consumer Market Survey» Market Research Data Collection» Statistics» Market Significance testing» Market Research Data Analysis» Data Validation ServiceQualitative Market Research includes tasks such as:» Brand Market Research» Market Sector Research» Consumer Market Research» Pricing Research» Market Research Focus Groups


What is the advantages and disadvantages of research on the youth market?

The advantages are that today's youth is in touch with technology and what's cool. Disadvantages are that they are all idiots. (I'd know :) being that I am a teen)


What are the advantages of field trials in market research?

there aren't any as it is a waste of time and space also life and lastly molly


What Is Syndicated Market Research and What Are the Advantages?

Syndicated market research is market research that isn't specific to one client. Because it is broad and general research that can benefit multiple companies or industries. It's main benefit is that it is cost effective. Custom research is typically more expensive as it is normally funded by one company instead of multiple companies. Some of the other benefits are that it can help companies measure brand awareness, identify industry trends, offer competitive research and provide a market overview.


What are the advantages of field market research?

It would allow the business or entreprenuer to see if the business would be succesful, as market research determines whether the product or services are in demand. Therefore it would mean that money would not be wasted on an unsuccessful idea.


What are the advantages and disadvantagesof a market economy?

advantages and disadvantages of market economy


Why Overseas market research difficult then domestic market research?

An overseas market research could be an overseas domestic market research then. Not sure the question is clear. Wouldn't be more like: "Why overseas consumer market research is more difficult than national consumer market research?" No?


Differences between marketing research and market research?

Marketing Research is broad whilst Market Research is narrow. Marketing Research is universal set whilst Market Research is the subset of the marketing research.


Benefit of primary market research?

Primary market is the initial step of market research in this we can analyse the market behavior of the market.


Important of international market research?

International market Research is a highly complicated thing in this we can chose better Market Research company according to their industry. In this Market Research have a important module of business world. From this research we getting a more current trends in the market place.