Sponsoring market research
Description
Sponsoring market research involves funding systematic data collection and analysis to better understand market trends, consumer needs, and competitive dynamics. This strategy enables organizations to make informed decisions, identify opportunities, and mitigate risks. By addressing gaps in knowledge, it remedies issues such as misaligned products, ineffective marketing, and resource misallocation, ultimately supporting more effective planning, innovation, and adaptation to changing market conditions.
Broader
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
Content quality
Yet to rate
Language
English
1A4N
W5235
DOCID
13352350
D7NID
222289
Editing link
Official link
Last update
Dec 3, 2024