Examlex
A promotion alternative that uses direct communication with consumers to generate a response in the form of an order, a request for further information, or a visit to a retail outlet is referred to as
Qualitative Data
Non-numerical information that describes qualities or characteristics, often gathered through interviews, observations, or open-ended survey responses.
Primary Data
Marketing data that a business collects for its own specific purposes.
Marketing Research
The process of gathering, analyzing, and interpreting information about a market, including data on target markets or customers, to enhance decision-making.
Market Analysis
The assessment of a given market to understand its size, trends, growth potential, and competitive landscape, often used to inform business strategies and decisions.
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Q385: Experts estimate that consumers conduct approximately _