What is dependency?
- Research Topics:
- Data Analysis
- Content Type:
- Glossary
Dependency Definition
Dependency is the relationship between variables when changes in one variable can impact changes in another.
Dependency is the relationship between variables when changes in one variable can impact changes in another. It's a fundamental concept that helps market researchers understand how factors interconnect and contribute to certain outcomes or behaviors. Dependency is key to marketing research because it provides insights that go beyond surface-level observations. For instance, hidden patterns that identify key drivers of consumer behavior and predict changes in findings can be uncovered. Ultimately, dependency can help optimize customer engagement and returns on marketing investments.
Who relies on dependency?
Marketing professionals, product managers, strategists and analysts use their understanding of dependency to make informed decisions about product development, target audience identification, campaign planning and resource allocation.
Why should I care about dependency?
Dependency explains the intricate relationships among factors that influence marketing efforts. Understanding the interdependence of variables can lead to the creation of more effective and targeted strategies and to more effective planning of marketing tactics.