Market Research Terms

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Across
  1. 2. numerical data
  2. 9. a description of a customer or set of customers that includes demographic, geographic, and psychographic characteristics, as well as buying patterns, creditworthiness, and purchase history
  3. 10. type of primary research
  4. 11. data that an outside entity has already gathered
  5. 12. uses data to know how much they plan to use your product
  6. 13. the process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers (known as segments) based on some type of shared characteristics
  7. 14. describes people by their personality traits, hobbies, interests, etc
  8. 15. type of secondary research
  9. 16. describes the group of people by age, marital status, gender, etc
Down
  1. 1. the action or activity of gathering information about consumers' needs and preferences
  2. 3. an example of quantitative research
  3. 4. data that gathers views and attitudes
  4. 5. a specific group of consumers at which a company aims its products and services
  5. 6. where your customers live and how far are they willing to travel for your product
  6. 7. data that the company has collected directly or that has been collected by a person or business hired to conduct the research
  7. 8. the process of identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to your own business, product, and service