Marketing
Marketing
20th Edition
ISBN: 9780357033791
Author: Pride, William M
Publisher: South Western Educational Publishing
Question
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Chapter 5.2, Problem 3C
Summary Introduction

Case summary:

Company M is a media company that creates a customer experience in year 2005. It combines services like employee surveys, social media monitoring, mystery shopping and market research.

Under mystery shopping, shoppers pose as regular customers while reporting and evaluating their experiences.

Company M gathers information about mystery shops by using these data company helps to improve customer loyalty.

Company M has entered into a partnership with Company C to create an employee incentive program. Company M relies mostly on consumer surveys.

It helps potential to help his clients for developing and implementing marketing strategies to increase sales as well as customer satisfaction.

To discuss: Whether it is important for the businesses to continuously collect market research about their target market.

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Students have asked these similar questions
In what ways does a market research firm use its advantages to help its clients?
Explain why you think this company will benefit from market research and how they should approach this.
Discuss the real value of marketing research and marketing information and how that value is attained?
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