Which is the best company for market research in Pune?
Market research is described as the process of determining the viability of a new product or service by conducting direct customer research. This strategy enables organizations or businesses to identify their target market, gather and document feedback, and make educated decisions. To put it another way, it's the process of determining who your company's target market is so that you may better position your marketing approach. Objective of Market Research Typically, there are three types of objectives in a market research assignment. 1. Administrative: Assist a company's or business's development by ensuring effective planning, management, and control of both people and material resources, and thus meeting all specific market needs at the appropriate moment. 2. Social: Provide a required product or service to meet a customer's individual wants. When a product or service is consumed, it should meet the needs and preferences of the client. 3.