The relationship between statistics and marketing

Home » News » The relationship between statistics and marketing
You
might ask about this, is there a relationship between
statistical and marketing
? You may have the reason that statistical studies
are separated with marketing studies. You may
be right, but with progress
and complexity of the competition to
win the market, there
is
 innovation of the marketer to apply a new strategy.
This strategy is executed with the help of statistics.
I'll
explain more about this on
paragraphs below.

Statistics for marketing research Now, statistics are not only applied to engineering concentration. All fields have been empowering statistics
as a basis of
way of thinking in the decisions and policies making. These fields for example are the social, business, industry, government, and others. In many
place,
the development of methods and statistical models in
the
previously mentioned areas have been
showed
satisfactory results.

I will be focus on
industry and business
areas to explain how statistical and marketing is related.
Many problems in business that should
be
resolved. And a nice tool to help solve
this problem is the statistics
based knowledge management. Why are the problems in the field
of business increasingly complex?
The answer
is
because of the uncertainty that occurs in the future.
And th
ese problems require
statistical analysis.
In-depth analysis is required for
marketing
research and other analysis activities to create a perfect
marketing plan. Much data can be
obtained by a marketing researcher such as the general consumers datas, consumer
needs, buying habits,
consumer opinion about your product,
the opinion of
prospect
consumers
about your product, competitors
datas, and
other data. Actually, marketing
research is not
new, but empower more statistics in this marketing
activities
emerges.

We have discovered that more
companies empower marketing researcher. This is an
business opportunity for the marketing consultant
or
career opportunities for
the worker. So, for those of people
who
want
to change career into
marketing researcher,
you need to update your skills. Not
only skill in
basic statistics knowledge, you must
also know the psychology,
marketing management, relationship management,
and
others.

Actually for those SME (small medium enterprise) practitioners who have superior intuition through the a lot of experience, there is no need to perform a complex market research. Those who trained
and usually have a good intuition
may find a map of current conditions and may explain why the
condition occurs. It would be
more perfect if
they apply to the appropriate
statistics. This will
be an interesting thing, because you
will be dealing
closely with the dynamic data and
changes frequently and
you have to process these data in
order to
yield the right decision.

I believe the science of statistics and marketing will be a
powerful and produce something

perfect. Therefore the application of
this science can
provide a solution and can resolve the issue
strategically
about the various issues in
your business
.

New Providers
Binolla

The Broker
More then 2 million businesses
See Top 10 Broker

gamehag

Online game
More then 2 million businesses
See Top 10 Free Online Games

New Games
Lies of P

$59.99 Standard Edition
28% Save Discounts
See Top 10 Provider Games

COCOON

$24.99 Standard Edition
28% Save Discounts
See Top 10 Provider Games

New Offers
Commission up to $1850 for active user of affiliate program By Exness

Top Points © Copyright 2023 | By Topoin.com Media LLC.
Topoin.info is a site for reviewing the best and most trusted products, bonus, offers, business service providers and companies of all time.

Discover more from Topoin

Subscribe now to keep reading and get access to the full archive.

Continue reading