pre-quiz 5/5 why is it important to conduct market research on your target audience before building your…

pre-quiz 5/5 why is it important to conduct market research on your target audience before building your marketing plan? newspapers and magazines will give you a discount on advertisements if you show them your research. you need to consider who your potential customers are before deciding on marketing strategies. customers enjoy sharing their opinions, so market research will make your product sell more. it doesnt matter which one you do first.

pre-quiz 5/5 why is it important to conduct market research on your target audience before building your marketing plan? newspapers and magazines will give you a discount on advertisements if you show them your research. you need to consider who your potential customers are before deciding on marketing strategies. customers enjoy sharing their opinions, so market research will make your product sell more. it doesnt matter which one you do first.

Answer

Brief Explanations:

Market research helps in understanding potential customers, which is crucial for effective marketing strategies. Knowing the target - audience's characteristics, preferences, etc. allows for better - tailored marketing plans. The discount on advertisements is not the main reason. While customers may share opinions, it's not the core reason for market research. And it does matter to conduct research first.

Answer:

You need to consider who your potential customers are before deciding on marketing strategies.