Measuring marketing performance is one of the most crucial business needs today. However, managers often misunderstand marketing measurement and misapply the analytical techniques.
Measuring Marketing plan
The measurement process is a fundamental aspect of marketing research. The measurement of marketing phenomena is essential to the process of providing meaningful information for decision-making. Issues that are commonly measured are the market potential for a new product, buyers groups according to demographic or psychotropic characteristics, attitudes, perceptions and preferences of buyers to a brand new, or determine the effectiveness of the new campaign advertising. For numerous research projects, measurement error may ...