Meaning of the word "carry out market studies" in English
What does "carry out market studies" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
carry out market studies
US /ˈkæri aʊt ˈmɑːrkɪt ˈstʌdiz/
UK /ˈkæri aʊt ˈmɑːkɪt ˈstʌdiz/
Phrase
to conduct research and analysis to understand a market, including its size, trends, customer needs, and competition
Example:
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Before launching the new product, the company decided to carry out market studies.
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It's crucial to carry out market studies to identify potential customer segments.