Market Research

Pronunciation: /ˈmɑːrkɪt ˈriːsɜːrtʃ/

Definitions of market research

noun a noun is a word that represents a person, place, thing, or idea. In this case, 'research' is a noun because it refers to the systematic investigation into a subject in order to discover facts, establish a theory, or reach a conclusion.

Example Sentences

A1 Market research helps companies understand what customers want.

A2 The company conducted market research to determine the best pricing strategy.

B1 Market research is essential for identifying new trends in the industry.

B2 Effective market research can provide valuable insights into consumer behavior.

C1 The marketing team used sophisticated market research techniques to analyze competitor strategies.

C2 Market research plays a crucial role in shaping the company's product development roadmap.

Examples of market research in a Sentence

formal The company conducted extensive market research before launching their new product.

informal They did a bunch of market research before releasing that thing.

slang They scoped out the competition before diving into the market.

figurative Market research is like a compass that guides businesses in the right direction.

Grammatical Forms of market research

• plural: market researches
• comparative: more market research
• superlative: most market research
• present tense: conduct market research
• future tense: will conduct market research
• perfect tense: have conducted market research
• continuous tense: are conducting market research
• singular: market research
• positive degree: market research is important
• infinitive: to conduct market research
• gerund: conducting market research
• participle: conducted market research

Origin and Evolution of market research

First Known Use: 1910 year

Language of Origin: English

Story behind the word: The term 'market research' originated from the concept of gathering information about markets and consumers to make informed business decisions.

Evolution of the word: Originally, market research referred to the process of collecting data on consumer preferences and behaviors. Over time, it has evolved to encompass a wide range of techniques and methodologies used to analyze markets, competitors, and consumer trends.