Definition of Market Report or Meaning of Market Report
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- Meaning of business relations
- Price of market report
Business people need to know the needs of customers or consumers in order to market products or services properly. Hence the importance of market reports .
A market report reflects the state of the market in terms of a product or service. That's why it's a business relationship .
In other words, a market report shows a product or service in terms of price level, supply and demand, the nature of the transaction and the market trend of that product or service.
Several authors have described the market report in terms of;
As an M.A.
Another researcher said, "Market reporting is the publication of records of trades over a period of time."
Therefore, a market report is a description of the buying and selling, supply and demand, price levels, market trends, marketing behavior of a particular product or service.
The market report usually includes →
♣ Questions about products
♣ Provide goods
♣ Product Type:
♣ Natural marketing
♣ Product prices
♣ Marketing method
♣ Product warehouse, etc.
♣ Provide goods
♣ Product Type:
♣ Natural marketing
♣ Product prices
♣ Marketing method
♣ Product warehouse, etc.
Therefore, we can conclude that a report written based on the trading of a specific market within a certain period of time or within a day is called a market report.
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