How marketing research can benefit profitability of product


Research opportunity to create a profit.

Explain how the marketing research can benefit profitability of a product. Explain importance of this type of research.

Use data from other businesses who have done similar research to support this claim.

1. Number of accessories purchased to accommodate product---things like cell phones work for this.

2. Month of the year product purchased

3. Time of day product purchased

4. Number of advertisements put out in region for product.

5. Number of products sold at one store

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Marketing Management: How marketing research can benefit profitability of product
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