ENTREPRENEURSHIP

Detailed explanation-1: -Term. Market Research. Definition. is the collection and analysis of information aimed at understanding the behavior of consumers in a certain market. Term.

Detailed explanation-2: -Market research blends consumer behavior and economic trends to confirm and improve your business idea. It’s crucial to understand your consumer base from the outset. Market research lets you reduce risks even while your business is still just a gleam in your eye.

Detailed explanation-3: -Key Takeaways. A comparative market analysis (CMA) is an estimate of a home’s price used to help sellers set listing prices and help buyers make competitive offers.

Detailed explanation-4: -Customer research, also known as consumer research, helps you better market to your customers, increasing retention. The four major types of customer research are primary, secondary, quantitative and qualitative.