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Market Research Quiz
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Market Research Quiz

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Questions and Answers

What are the main types of market research?

The main types of market research are primary research and secondary research.

What are examples of primary research?

Examples of primary research include focus groups, polls, and surveys.

What does qualitative research provide insights into?

Qualitative research provides insights into how customers feel and think.

What does quantitative research use?

<p>Quantitative research uses data and statistics such as website views, social media engagement, and subscriber numbers.</p> Signup and view all the answers

Why is market research crucial for businesses?

<p>Market research blends consumer behavior and economic trends to confirm and improve business ideas, understanding the consumer base, and reducing risks.</p> Signup and view all the answers

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