market research

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  • Created by: o_cook
  • Created on: 20-10-19 14:56
consumer panels
groups of customers are asked for feedback about products over a period of time
1 of 11
focus group
where a number of customers are invited to attend a discussion about a product led by market researchers
2 of 11
market orientation
approach which places needs of consumers at the centre of decision making
3 of 11
market research
collection, presentation and analysis of information relating to marketing and consumption of goods
4 of 11
market segment
part of a whole market where customer group has similar characteristics
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primary research
gathering information that didn't already exist
6 of 11
product orientation
an approach to business which places the emphasis upon production process
7 of 11
quantitive research
data that can be quantified
8 of 11
qualitative research
data about beliefs and intentions
9 of 11
sample
small group of people who represent a proportion of a total market
10 of 11
secondary research
collection of information that already exists
11 of 11

Other cards in this set

Card 2

Front

where a number of customers are invited to attend a discussion about a product led by market researchers

Back

focus group

Card 3

Front

approach which places needs of consumers at the centre of decision making

Back

Preview of the back of card 3

Card 4

Front

collection, presentation and analysis of information relating to marketing and consumption of goods

Back

Preview of the back of card 4

Card 5

Front

part of a whole market where customer group has similar characteristics

Back

Preview of the back of card 5
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