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Company A is thinking about bringing to market a new product in a category where it knows very little about the consumers or their needs

Company A is thinking about bringing to market a new product in a category where it knows very little about the consumers or their needs and wants. Describe which forms of marketing research would be appropriate for Company A and explain why. By contrast, Company B has an established product and knows a lot about its customers. The company wants to measure customer satisfaction. Describe which forms of marketing research would be appropriate for Company B and explain why. In replies to peers, provide additional ideas for the types of research that could be used.

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