Marketing decision-makers must ask the right questions in order to be able to proactively influence market events. Here, market research can provide vital explanatory, analytical and forecasting support. Multivariate statistical procedures are key instruments for this.
Multivariate procedures and conjoint analyses disclose structures of mutual inter-relationships between objects and variables, and thus broaden the scope of learnings and interpretation.
They provide for the measurement and analysis of multiple variables relating to large numbers of persons
or products.