A | B |
buildup method | a way to estimate sales based on an estimate of individual behavior which then is extended to the entire market |
screening | the process of identifying potential market opportunities to pursue |
portfolio of markets | a collection of different products in different market locations |
sample | a smaller number of people who have the same profile as the larger population |
marketing research | the systematic process of gathering information to help in making marketing decisions |
profile | a picture of the market |
environmental scanning | the process of collecting information from various sources such as journals, news programs, the Internet, and industry trade magazines |
market share | the percentage of industry sales a company is able to capture from competitors |
demographics | characteristics of the population including age, gender, race, income, and education |
survey | a quantitative research method that asks respondents a number of questions |