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  2. Marketing research is the systematic gathering, recording, and analysis of qualitative and quantitative data about issues relating to marketing products and services. The goal is to identify and assess how changing elements of the marketing mix impacts customer behavior.

  3. The marketing research process involves six steps: Problem definition. Development of an approach to the problem. Research design formulation. Data collection. Data preparation and analysis. Report preparation and presentation. Step 1: Problem Definition.

  4. Jun 3, 2021 · Market research is a process of gathering, analyzing, and interpreting information about a given market. It takes into account geographic, demographic, and psychographic data about past, current, and potential customers, as well as competitive analysis to evaluate the viability of a product offer.

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