Through analysis of sales data, buy low retail store found that customers who bought caramels also tended to buy apples. Survey and experiment process would the company use to make this determination.
A market survey is a survey research and experiment of the market for a certain good or service that looks at consumer preferences. A review of various client capabilities, including investment characteristics and purchasing power. Market research surveys and experiment are instruments for directly obtaining feedback from the target market to comprehend their traits, expectations, and needs.
Most marketing managers rely on market surveys and experiment to get data that will help the market research process get off the ground. Additionally, the input from these surveys may help with product marketing and feature development.
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