Month: September 2024

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When data-driven insights are utilized to create a marketing plan that can be used to achieve tangible goals like increasing brand loyalty and generating more sales. Insights can be found from numerous sources, including data from customers and competitor research. There are also the cultural or social trends that impact the behavior of consumers. Marketers combine their own experiences and utilize data sets that are gathered and analyzed in a systematic manner to gain insights. This is known as market research and should be conducted to ensure that the data adds to the value of the research and leads to a specific method of action. It is important to remember that the term "insight" shouldn't be used interchangeably with raw data or general knowledge. Insight should help improve understanding of…

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