Monday, July 26, 2010

Market Research

Market Research is the systematic gathering, recording, and analysis of data about issues relating to marketing products and services. The term is commonly interchanged with market research; however, expert practitioners may wish to draw a distinction, in that market research is concerned specifically with markets, while marketing research is concerned specifically about marketing processes.

Marketing research is often partitioned into two sets of categorical pairs, either by target market:
  • Consumer marketing research, and
  • Business-to-business (B2B) marketing research
Or, alternatively, by methodological approach:
  • Qualitative marketing research, and
  • Quantitative marketing research
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