<em>A market research approach</em><em> that categorizes consumers and measures psychological aspects such as how people feel and think and how they attain (or do not reach) the lifestyles they desire.</em>
What is a market research method?
Market research, often known as marketing research, refers to a variety of strategies used to gather data and comprehend a company's target market. Businesses utilize this data to create better products, enhance the user experience, and create marketing plans that generate high-quality leads and increase conversion rates.
What constitutes the marketing research approach's five steps?
The Marketing Research Process in 5 Steps
- Define the issue
- create a research plan
- gather pertinent data and information
- analyze data, and report findings
- Take Action
<h3>Which market research technique works the best?</h3>
One of the most common methods for conducting market research online is through surveys and questionnaires.
learn more about A market research approach here <u>brainly.com/question/26930598</u>
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