How consumers use technology and the impacts on their lives
Understanding the Differences Between.pptx
1. UNDERSTANDING THE DIFFERENCES
BETWEEN
RESEARCH AND MARKETING
Research and marketing are two distinct disciplines, although
they are often interconnected and complement each other in the
business world.
2. Here’s a breakdown of how research and marketing differ:
purpose:
research: the primary purpose of research is to gather information,
generate insights. It focuses on investigating specific questions,
exploring topics, or testing hypotheses to gain a deeper understanding
of a subject. Research aims to provide objective, unbiased findings to
support decision-making processes.
Marketing: the primary purpose of marketing is to promote and sell
ideas to target audiences. It involves activities such as market
analysis, identifying customer needs, developing strategies, creating
marketing campaigns, and measuring their effectiveness. Marketing aims
to influence consumer behavior, build brand awareness, and drive sales.
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3. Scope:
research: research encompasses a broad range of methodologies and
scientific studies, surveys, experiments, observations, and data
analysis. It can be conducted in various fields, such as social
sciences, natural sciences, market research, and academic research.
Marketing: marketing focuses specifically on activities related to
products or services. It involves market research, branding,
advertising, pricing, distribution, customer relationship management,
and other strategies aimed at achieving business objectives.
4. Audience:
research: the audience for research findings is
researchers, scholars, academia, or professionals in
specific fields. The research aims to contribute to the
body of knowledge, advance understanding, and provide
evidence-based insights for further analysis or
decision-making.
Marketing: the audience for marketing efforts is the
consumers. Marketing activities aim to reach, engage,
and influence potential customers to generate interest,
and desire, and ultimately drive purchase decisions.
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5. research: research is typically conducted in a systematic and
following established methodologies, frameworks, and ethical
guidelines. It involves collecting data, analyzing it
objectively, drawing conclusions, and presenting findings in a
logical and evidence-based manner.
Marketing: marketing employs a combination of creativity,
and consumer psychology. It involves developing marketing plans,
identifying target audiences, crafting persuasive messages,
designing campaigns, and evaluating marketing performance
through metrics like sales, brand awareness, or customer
feedback.
While research and marketing have distinct objectives and
approaches, they often intersect in the business context. Market
research, for instance, is a specific area of research that
focuses on understanding consumer behavior, market trends, and
competition to inform marketing strategies. The insights gained
from research can guide marketing decisions, shape campaigns,
and improve overall business performance. Therefore, research
and marketing work hand-in-hand to support businesses in making
informed decisions and achieving their goals.
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