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What is the process of collecting analyzing and interpreting data about customers competition and the business environment to improve marketing effectiveness?

Marketing research


Explain the seven steps in marketing research process?

Market research gathers helpful data on customers and potential customers to help in making the best business decisions. Seven steps in the marketing research process are to identify and define the problem, statement of research objectives, planning of the research design, planning the sample, data collection, data processing and analysis, and preparing and presenting the final report.


How can data mining help an organization in its marketing research process?

Data mining can help you better understand what your customers buy better helping you understand their needs and wants.


Why graphing can be important tool for analyze data?

So that we could compare and contrast data when doing research. Sometimes it helps see what we have done wrong and can improve the research and get correct calculations. It can be used for future measures.


What do you mean by marketing research?

: the collection (collation and analysis) of data from existing and potential customers regarding market conditions for the products and services of a business.


What are the stages of marketing research?

desk research, feild research, primary data, secondary data xx desk research, feild research, primary data, secondary data xx


What is the triangularization of research findings?

Triangularization of research findings involves using multiple sources of data, methods, theories, and researchers to confirm and validate research results. By incorporating various perspectives and data sources, researchers can improve the reliability and validity of their findings, leading to more robust conclusions.


How to further improve the research and analysis?

To further improve the research and analysis, you can consider expanding the sample size to increase the reliability of the findings, incorporating more diverse perspectives to account for biases, utilizing multiple research methods for a comprehensive understanding, and staying updated with the latest data and trends in the field.


What is data presentation and analysis in research?

What is data presentation on research


Is numerical data quantitive research or qualitative research?

Numerical data is quantitative research


Data research procedure?

Data research procedure include information on how data is collected, when it was collected, and who is responsible for data collection. Where data was stored and how to ensure data is correct are also part of data research procedure.


When does T-Mobile throttle data for its customers?

T-Mobile may throttle data for its customers when they exceed their monthly data limit or during times of network congestion.