Marketing Research

Definition

Marketing research is the function that links the consumer, customer and public to the marketer through information—information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve understanding of marketing as a process.

Marketing research specifies the information required to address these issues, designs the method for collecting information, manages and implements the data collection process, analyzes the results, and communicates the findings and their implications.[1]

 

References

  1. ^ American Marketing Association, About AMA: Definition of Marketing. (approved by the AMA Board of Directors, October 2004.)

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