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Global Business Discussion Forum

When do marketers need marketing research?

Global business markets

On 18-Apr-2016 11:48 AM

1 Reply(s)

Merryl Senuri

Merryl Senuri

Market research enables you to be updated with the latest market trends and helps you to understand the target market thereby increase sales. It is done to identify potential customers, understand the existing customers, set realistic targets, develop effective strategies, analyze and solve business problems, prepare for business expansion and identify business opportunities.