BUSINESS ADMINISTRATION
BUSINESS POLICY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The process of finding out what customers want and don’t want.
|
|
Grading
|
|
|
Market research
|
|
|
Standardisation
|
|
|
AIDA
|
Explanation:
Detailed explanation-1: -Use market research reports, focus groups and market surveys. Take the time too really get to know them. Ask the right questions; get the facts; and discover how to motivate your customers. We are motivated by two things, praise or reward.
Detailed explanation-2: -The marketing research process focuses on collecting insights from your target audience, such as their opinions and attitudes that would help you evaluate current products, services, or test concepts aimed at improving them. It can also gauge customer perceptions about your company.
Detailed explanation-3: -Four common types of market research techniques include surveys, interviews, focus groups, and customer observation.
There is 1 question to complete.