Ch. 9 Fashion Merchandising Describe the focus group method of market research: Describe the observation method of market research: Describe the survey method of market research: Name the major online Fashion TRADE Publication that many fashion workers subscribe to: Name the #1 Fashion Trade Association that represents all segments of the Fashion industry What the slang term used for the garment industry? What do we call the way of dividing up a total market into smaller groups to analyze each group by specific characteristics? What are statistics that describe a population in terms of age, gender, income and other aspects What kinds of information can a retailer record in a merchandise-information system? A Trade Publication like WWD.com is made for the public fashion consumer. TRADE is for the fashion WORKER/professional. A Fashion Magazine is for the public consumer. Match the term to the description: market research market segmentation product mix trade association merchandise-information systems system that produces, stores and analyzes info to make decisions about merchandise for sale total selection of good and sevices that a company makes or sells systematic gathering, recording, analyzing and presenting of info for marketing goods and servicess a way of dividing the total market into smaller groups to analyze non-profit organization that supports workers within an industry Explain the importance of doing fashion research: Market research is especially important in the fashion industry. Consumer tastes and trends change quickly, so companies and designers need to know what styles will sell. Market research influences new fashion products because it can help producers develop new products that consumers want to purchase.