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VBR Lesson 6 Market Research

AB
moremore people that are surveyed, the __________ expensive the survey will be
informationthen intent of surveys is to gather THIS that is needed
Market researchThe process of the exploration of the needs and wants of customers
accuratethe more people surveyed the more THIS the reserach will be
staffingif almost all of your customers think that your service is poor then you probably need to consider making changes to this
surveysyou can use these to determine the effectiveness of ad campaigns, Customer satisfaction, Customer preferences
variesthe number of people that you should survey
preferBy asking what products do you buy the most and occupation you will help determine what your customers ______________
InvalidAsking too few people when conducting a survey will most likely yield THESE type of results
promotionif the majority of the people are unaware fo your business, you may want to consider increasing THIS
employeesif your competitor has a better reputation for service, it is probably due to better of these
locationif everything else is equal, chose a _________ that has the most amount of commuting traffic
researchIf you are trying to decide which merchandise to offer, more about your target market, if customers are satisfied with your service then conduct this
quantitativean example of this type of data might be the number of people who are 55 and older
completedonce research has been __________ it is important that the business Follow up on the results and implement any necessary changes
percentagethis can be determined by taking the number of responses to a specific question / total number of responses


Marketing Education/DECA
Terre Haute South High School
IN

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