Market Analysis (Noun)
Meaning
Marketing research that yields information about the marketplace.
Classification
Nouns denoting acts or actions.
Examples
- The company conducted a thorough market analysis to determine the best way to position their new product in a crowded marketplace.
- A market analysis was performed to study the buying habits of consumers and understand their needs and preferences.
- The marketing team reviewed the market analysis to gain insights into the competitive landscape and identify potential opportunities.
- A market analysis was used to guide the development of the company's marketing strategy and tactics.
- The results of the market analysis were used to adjust the company's pricing and product offerings to better align with market conditions.