Unit 3 P3

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P3 - Describe how a selected organisation uses marketing research to contribute to the development of its marketing plans. Market Research The organisation I have chosen for this is Tesco and what market research is, is when a business like Tesco will have to learn about the target market and what the customers that come would like to buy and what is popular at the time and examples of how Tesco will do this will be from Tesco club card, Tesco online, and when you give in your details they will know you are a male teenager and will send you emails with things that male teenagers would like and this is how market research will contribute to an organisations market plans. Also they will make sure to research the competitors with interviews, surveys and on the internet and this will allow them to know what the competitors have that you can include and also Tesco will have to make sure they research the overall market. Primary Research This is data that is collected for the first time by the organisation that is collecting it which is Tesco for this and the primary research is separated into two groups which are Internal and external. The internal research for this would be things like the sale figures of the business and this would include what is being sold/what the customers are buying at the time and you will be able to see what is most popular at the time and also the customer data would be in internal and with this you can find out what would be popular with them because you can’t be advertising woman clothes to a male. The external research would be things like questionnaires that Tesco so that they will be able to ask specific people questions and learn about the market, also surveys could be made to find out what a large group of people like and dislike and what they would like to see at Tesco. They could also make target groups which are a group from a

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