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Market intelligence (MI) is gathering and analyzing information relevant to a company's market - trends, competitor and customer (existing, lost and targeted) monitoring. [1] It is a subtype of competitive intelligence (CI), which is data and information gathered by companies that provide continuous insight into market trends such as ...
Marketing intelligence (MI) is the everyday information relevant to a company's markets, gathered and analyzed specifically for the purpose of accurate and confident decision-making in determining market opportunity, market penetration strategy, and market development metrics. Marketing intelligence is necessary when entering a foreign market.
Market research aims to produce so-called "actionable knowledge" that firms find useful in their operations: [36] Framing managerial anomalies: an anomaly is a puzzle or a perplexing situation that the market research report is meant to solve.
The marketing research process is a six-step process involving the definition of the problem being studied upon, determining what approach to take, formulation of research design, field work entailed, data preparation and analysis, and the generation of reports, how to present these reports, and overall, how the task can be accomplished. [1]
Marketing research uses the scientific method in that data are collected and analyzed to test prior notions or hypotheses. Experts in marketing research have shown that studies featuring multiple and often competing hypotheses yield more meaningful results than those featuring only one dominant hypothesis. [39] Marketing research is objective ...
An intelligence collection plan (ICP) is the systematic process used by most modern armed forces and intelligence services to meet intelligence requirements through the tasking of all available resources to gather and provide pertinent information within a required time limit. [1] Creating a collection plan is part of the intelligence cycle.
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Collecting open-source intelligence is achieved in a variety of different ways, [4] such as: Social Media Intelligence, which is acquired from viewing or observing a subjects online social profile activity. Search engine data mining or scraping. Public records checking. Information matching and verification from data broker services.