Question

1. Establish the need for marketing research. 2. Define the problem. 3. Establish research objectives. 4. Determine research design. 5. Identify information types and sources. 6. Determine methods of accessing data. Because Hootsuite allows consumers to easily access various methods of accessing data / giving their feedback. 7. Design data collection forms.

Answer 1

Answer:

The explanation of this question is given below in the explanation section.

Explanation:

This question is about the steps that how to carry out the market research in any industry and find out the gap and fill that gap by providing new or existing product or service to these market's customers.

The correct order for conducting market research are;

1. Define the problem
2. Establish the need for market research
3. Establish the research objective
4. Identify the information types and sources
5. Determine the method of accessing data
6. Then, Design the data collection form
7. Conduct the survey from potential participants
8. Collect the data
9. Analyze the data
10. Infer the information
11. Report the information.

these steps are used to conduct the market research and collect data from potential participants. Data can be qualitative or quantitative and based on this collected data, then you will be able to infer the information from that data applying statictical methods.