Research: Gathering Information for Advertising Planning
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What is Marketing Research?
It is information gathered about a particular market or market segment
It does:
Help identify customer needs and market segments
Provide information necessary for developing new products and devising marketing strategies
Enable managers to assess the effectiveness of marketing programs and promotional activities
Have use in financial planning, economic forecasting and quality control
What is Advertising Research?
While marketing research provides the information necessary to make marketing decisions, advertising research uncovers the information needed for making advertising decisions.
By definition, it is the systematic gathering and analysis of information to help develop or evaluate advertising strategies, individual ads, and whole campaigns
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