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Why is gathering and analyzing information crucial to a retailer that is launching a new strategy or modifying an existing one? What information does a

  1. Why is gathering and analyzing information crucial to a retailer that is launching a new strategy or modifying an existing one?
  2. What information does a customer actually demand from a retailer?
  3. What information could a retailer supply to other channel members?
  4. 4 Cite the major advantages and disadvantages of secondary data.
  5. Cite the benefit of each primary data method: survey, observation, experiment, and simulation.

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