Activity 1: Understanding the methods and importance of conducting a market survey. Learning the Skills: Classifying Ideas Directions: Write M if the statement demonstrates a method of conducting a market survey and I if it expresses the importance of a market survey. Pilipinas Couka STUNGS
1. Gathering facts and information about the prospective customers in your areas of business operation using online survey
2. Collecting data and evidence about the market trends and customers' preferences of the products, FIL NGC
3. Finding out the pattern of gradual changes or the tendency of the product to go on sales and earn more or slow down its sales and results to losing ends. YO JA
4. Studying the customers' capacity to purchase and buying prospective for craſting products/services that satisfy those wants/needs.
5. Using telephone in contacting respondents via the telephonic medium.
6. Offers marketing and business ideas about needs wants/likings of the costumers to a certain product
7. Helps you understand customers' preference to buy the products.
8. Helps you to know the costumers' thoughts about the quality and functionality of the product. 9. Face-to-face survey will gain an honest and clear feedback about the subject in-hand.
10. These surveys can be used where laptops, computers, and tablets cannot go