Launching the right kind of product with appropriate number of variants is one of the critical decisions for marketing managers. Data helps to gain knowledge about your product in the market.
Data helps to know about the past and present market value of the product.
Place decisions outline where a company sells a product and how it delivers the product to the market. The market should be convenient for the consumers to access. Data reports help you to find right place for your market to flourish.
Data helps you to find right partners to promote your products.