marketobservation
nounUK /ˈmɑːkɪt ˌɒbzəˈveɪʃən/
US /ˈmɑːrkɪt ˌɑːbzərˈveɪʃən/
Watching what people buy and sell in a store or market.
The shop owner did a market observation to see which candies kids liked best.
OTHER MEANINGS
2. A written note about prices and goods seen in a market.
She kept a market observation in her notebook during the trip.
3. The act of studying how buyers and sellers act in a marketplace.
His market observation helped the team understand why prices changed.
4. A careful look at a market to learn what is popular.
The class did a market observation to find the most common fruit.