How would you reply to a small business person who says. Marketing research is too expensive so the firm will just have to get by without it?

Answer:
N RELEVANCE TO THE TOTAL MARKETING COST,
THE MARKETING RESEARCH COST IS MINIMAL,
BUT OFFERS VALUABLE GUIDE TO THE SUCCESS
OF THE PRODUCT.

THE OBJECTIVE OF THE MARKETING RESEARCH IS
TO PROVIDE THE MARKETING MANAGEMENT, A RANGE
OF VITAL INFORMATION ON

Business Intelligence
Business Performance Management
Business rules
Data Mining
Predictive analytics
Purchase order request
Enterprise Architecture
Information technology management
Knowledge Base
Online analytical processing
ETC ETC
First answer by ID0699941250. Last edit by ID0699941250. Question popularity: 1 [recommend question].