Scope of Marketing Research:
Market research covers the following items of study:
1. Size of the present and
potential market.
2. Consumer needs wants,
habits and behaviour.
3. Dealer
wants and preferences.
4. Analysis
of the market size according to age, sex, income, profession, standard of
living etc.
5. Geographic location of
customers.
6. Analysis of market demand.
7. Knowledge of competitors and
their products.
8. Knowing the
profitability of different markets.
9.
Study the market changes and market conditions.
10. Analysis of various channels of distribution.
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