What Is Industrial Marketing Research

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What is industrial marketing research?

Industrial market research is what provides our clients the information they need to
generate qualified leads and then sales. The importance of industrial market research
cannot be over-stated because it defines the specific target markets and products that
will produce increased sales and higher profit margins. More specifically, industrial
market research defines the companies that are most like your best customers and most
likely to need what you sell in the marketplace. 

In the Information Age, you need relevant and current information to stay ahead of
your competitors. You need to know which of your products and services are your most
profitable and which of your customers are most profitable. You need to establish a
"best customer" profile and find out which other companies fit that profile, because they
probably need what you sell to your best customers. Industrial market research can tell
you all of that and much more.

What are the different steps involved in Industrial marketing research? Give an
example?

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