Marketing Genius
Marketing Genius answered

Modern marketing research help the business enterprise to curb the competition of their rivals by accessing information about the segment or consumer demographic that will enable the company to deliver a more effective strategy.

Let's say a rival has a bigger advertising budget, but hasn't conducted market research. Although they might be able to create visually … Read more

Marketing Genius
Marketing Genius answered

Henry Assael was fascinated in understanding why consumers chose to buy the goods they did, and he came up with a list of four unique "buying behaviors" that consumers displayed when he studied how consumers were:

a) involved with the goods they bought

b) how the different goods/services differed from one another

This lead to 4 key areasRead more