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List and explain the approaches used by retailers in the formation of focus groups. Are there challenges? What are they (see attached article on Focus
- List and explain the approaches used by retailers in the formation of focus groups. Are there challenges? What are they (see attached article on Focus Groups)
- Explain how to differentiate between the questionnaire and observation techniques of marketing research.
- Define both demographics and psychographicsterms.
- How are they used by marketers?
- Why one would you use and why?
- List and explain 6 terms, "Language of Trade", within this industry
- List and describe the distinguished characteristics of the social classes.
- List and describe the different family lifestyle classifications
- How does each approach purchasing needs?
- What is Maslow'sHierarchy of Needs?
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