In the business world, consumer psychology research helps firms improve their products, services and marketing strategies in order to bolster sales. Consumer psychology is a growing discipline, fuelled primarily by corporate interest and funding.
Read more ...Fast-moving consumer goods (FMCG) companies have been around for decades, delivering essential products that we use every day. However, with the rise of digitalization, these firms are transforming their operations to keep up with modern trends and meet customer demands. The FMCG sector is now leveraging various technologies like Artificial Intelligence (AI), Internet of Things (IoT), and Big Data analytics to improve efficiency, production processes, and supply chains. In this article, we explore how FMCG firms are digitally transforming themselves and the benefits they reap from it. Let's dive in!
Read more ...In Vietnam, market research is more than just a marketing tool. It is a necessary step to determine whether or not a new product/service will be a success and if it truly meets the expectations of its target audience.It also gives you insight on which factors are influencing the success of your product/service in this industry. Market research allows businesses to spot opportunities and plan for future expansions, so they can increase their sales, or even remove products that no longer meet expectations
Read more ...Big businesses often fear the day when they will have to invest in enterprise-level BI tools and software. For example, you may hear them say, "Why should we care about that? It doesn’t make sense because our data is not right or compatible with the tool." Believe it or not, this kind of thinking is holding back a lot of smaller companies from really taking advantage of the information they are storing in business intelligence applications.
Read more ...According to a survey, Gen Z (born after 2000) is a group that is more open-minded and creative in their thinking, but also has less sense of control over the work environment and has more difficulties in dealing with conflicts. Compared with Gen Y (born after 1980), Gen Z has more opportunities for growth and development. However, on some aspects such as working style there is still a gap between them and their peers because of frequent changes in working environment, which will affect their awareness of corporate culture and social pressure.
Read more ...Artificial Intelligence (AI) devices are undoubtedly the talk of the tech world. With their ability to adapt and learn, we’ve been able to create more human-like machines than ever before. But the question remains: will AI devices become our best friends?
Read more ...Making marketing plan is critical step in business operation. The good plan can help business to uplift sales, and the bad plan can lead to fail. These days, after Covid-19 pandemic time, businesses need to find the good way to survive, and it is requirement to have smart marketing plan, not to burn marketing budget. Every marketing plan should be measurable, show ROI (Return on Investment).
Read more ...Are you struggling to get ahead of your competitors in the market? Well, fear not as competitor analysis is here to help! By analyzing what your competitors are doing, you can gain valuable insights into their strategies and tactics. This will help you make better decisions for your own business and ultimately give you an edge over them. In this article, we’ll dive deep into how to do competitor analysis and provide examples of how successful companies have leveraged it to their advantage.
Read more ...
