
Strategic Planning and Change Management
25 August، 2019
Best times to market on social media
26 August, 2019
The marketing process consists of several different stages, each one building on the previous step and leading to the next. At the forefront of these
stages—or as the first step—comes market research.
The importance of marketing research lies in the fact that it is the only step that enables us to understand customers’ wants and needs (Customer Needs). Can you imagine
marketing succeeding in its work without this knowledge? Of course not, becauseMarketingAt its simplest and most fundamental, it means initiating or establishing a relationship
a long-term, profitable relationship with the customer—something that isn’t possible without understanding what customers want and aspire to
in practice. We can only gain that understanding through in-depth, precise, and reliable marketing research.
What’s more, market research isn’t limited to any one stage of the marketing process. It’s an ongoing effort, from the product’s launch
or development through to understanding customers’ reactions and responses to that product or service.
.
Market Research: Scope and Definition
Simply put, market research is the process of gauging the market, understanding its general trends and the broad frameworks that govern it. It is the process of positioning the market
تحت المجهر.
There is a scientific truth that “sound decisions are those based on sound information.” From this, we can confidently say that the market research stage is the most important
stage of the entire marketing process. Not only do all marketing decisions and plans depend on it, but it also guides us on what we need to do,
the means and methods for meeting customers’ needs and satisfying their desires (Need Satisfaction)—a goal of no small importance in the science of marketing
Launch—in fact, the entire marketing orchestra is playing this exact tune.
.
Information: Authority and Risk
Despite the crucial importance of market research and the significant benefits it can deliver, marketing decisions, which
Decisions made on the basis of this research involve some risk: the information gathered through our market research will not remain valid forever. In other words, there is a certain kind of
Information has a shelf life: it is valid only for a limited period.
For example, if you’re researching Saudi viewers’ ratings for FIFA World Cup matches, those ratings will certainly be high while
the Saudi national team is competing in the tournament. Even so, these figures cannot be treated as a general measure of how many Saudis watch
football matches.
This means, among other things, that the information was valid only for a specific period. Treating it as a general rule could lead to poor marketing decisions and ultimately
to disastrous results.
.
Accurate Information: Is It Possible?
We may have concluded from the previous discussion that the purpose of marketing research is to understand the current state of the market and marketers. However, the accuracy of the data gathered
through this research depends primarily on the accuracy of the research tools and how well they are used.
Another point is that market research aims to understand what people want or will want. This means it is connected to psychology, because it is tied
to human motivations, which are constantly changing. This makes it essential to thoroughly verify our research findings—their accuracy and validity—before making decisions.
for marketing purposes.




