markettracking
nounUK /ˈmɑːkɪtˌtrækɪŋ/
US /ˈmɑːrkɪtˌtrækɪŋ/
Watching what people buy and sell to see how things change.
The store uses markettracking to learn which toys kids like best.
OTHER MEANINGS
2. The job of following prices and sales in a business.
Her markettracking report showed that fruit prices went up.
3. A way to study what customers want over time.
Market tracking helped the bakery decide to sell more cookies.
4. Keeping a record of how a product sells in different places.
The company did markettracking in three cities before selling its new game.