MANAGEMENT

Detailed explanation-1: -Market research. This is the collection and analysis of information aimed at understanding the behavior of consumers In a certain market. Exploratory research.

Detailed explanation-2: -Customer analytics, also called customer data analysis, is the process of collecting and analyzing customer data to gain insights on customer behavior.

Detailed explanation-3: -Market research is the process of gathering and analyzing information about a market, product, or service in order to gain insight into customers, competitors, and the market itself.

Detailed explanation-4: -Use a wide range of methods and channels. Some in-person interviews, focus groups, and postal surveys help target a broader range of age groups and accurately reflect your market and their views. Data collection is a critical part of market research.

Detailed explanation-5: -Why Do Market Research? Market research provides critical information about your market and your business landscape. It can tell you how your company is perceived by the target customers and clients you want to reach.