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Explain the Market research.

Answer Posted / Manindra Kumar

Market research is a systematic process of analyzing and identifying customer needs, preferences, and behavior to make informed decisions for marketing and business strategies. In textile engineering, market research helps identify potential markets, assess consumer trends, understand competition, and gather data about the target audience's buying habits and preferences for textile products. This information is essential for developing effective marketing strategies, designing new products, and improving existing ones.

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