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Market Research Analyst Forecast

167 Words1 Pages
Market research analysts are responsible for studying the market conditions to investigate potential sales of a product or service. Market research analyst forecast a 19 percent increase between 2014-2024 Employment growth will be driven by an increasing use of data and market research across all industries—to understand the needs and wants of customers and to measure the effectiveness of marketing and business strategies. In addition, market research provides companies and organizations with an opportunity to increase sales and cut costs. Companies increasingly use research on consumer behavior to develop improved marketing strategies. By doing so, companies are better able to market directly to their target population. Market research also
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