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10-1
CHAPTER
MARKETING
RESEARCH
10
10-2
L E A R N I N G O B J E C T I V E S
Identify the five steps in the marketing research
process.
Describe the various secondary data sources.
Describe the various primary data collection
techniques.
Summarize the differences between secondary
data and primary data.
Examine the circumstances under which
collecting information on consumers is ethical.
Marketing Research
LO1
LO2
LO3
LO4
LO5
10-3
The Marketing Research Process
Defining the
objectives and
research needs
Designing the
research
Collecting the
data
Analyzing data
and
developing
insights
Developing and
implementing an
action plan
10-4
Step 1: Defining Objectives
and Research Needs
What information is
needed to answer
specific research
questions?
How should that
information be
obtained?
10-5
Step 2: Designing the Research
Type of data
Type of
research
10-6
Step 3: Collecting the Data
10-7
Converting data into information to explain, predict
and/or evaluate a particular situation.
Step 4: Analyzing Data
and Developing Insights
©GettyImages
10-8
Step 5: Developing and
Implementing an Action Plan
Executive Summary
Body
Conclusions
Limitations
Supplements including
tables, figures, appendices
Digital Vision/Getty Images
10-9
CHECK YOURSELF
1. What are the steps in the marketing research
process?
2. What is the difference between data and
information?
10-10
External Secondary Data
Syndicated
Data
Scanner
Research
Panel
Research
10-11
Internal Secondary Data
Data Warehouse
Data Mining
10-12
CHECK YOURSELF
1. What is the difference between internal and
external secondary research?
10-13
Qualitative versus Quantitative
Data Collection Techniques
Data
collection
research
Qualitative research
Observation
In-Depth
interviews
Focus groups Social media
Quantitative research
10-14
CHECK YOURSELF
1. What are the types of qualitative research?
10-15
Advantages and Disadvantages of
Secondary and Primary Data
Type Examples Advantages Disadvantages
Secondary
Research
Primary
Research
 Census data
 Sales invoices
 Internet information
 Books
 Journal articles
 Syndicated data
 Saves time in collecting data
because they are readily
available
 Free or inexpensive (except for
syndicated data)
 May not be precisely relevant
to information needs
 Information may not be timely
 Sources may not be original,
and therefore usefulness is an
issue
 Methodologies for collecting
data may not be appropriate
 Data sources may be biased
 Observed consumer behavior
 Focus group interviews
 Surveys
 Experiments
 Specific to the immediate
 data needs and topic at hand
 Offers behavioral insights
 generally not available from
 secondary research
 Costly
 Time consuming
 Requires more sophisticated
 training and experience to
design
 study and collect data
10-16
CHECK YOURSELF
1. What are the types of quantitative research?
2. What are the advantages and disadvantages of
primary and secondary research?
10-17
The Ethics of
Using Customer Information
Strong ethical
orientation
Adhere to
ethical practices
10-18
CHECK YOURSELF
1. Under what circumstances is it ethical to use
consumer information in marketing research?
2. What challenges do technological advances
pose for the ethics of marketing research?

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Marketing Research

  • 2. 10-2 L E A R N I N G O B J E C T I V E S Identify the five steps in the marketing research process. Describe the various secondary data sources. Describe the various primary data collection techniques. Summarize the differences between secondary data and primary data. Examine the circumstances under which collecting information on consumers is ethical. Marketing Research LO1 LO2 LO3 LO4 LO5
  • 3. 10-3 The Marketing Research Process Defining the objectives and research needs Designing the research Collecting the data Analyzing data and developing insights Developing and implementing an action plan
  • 4. 10-4 Step 1: Defining Objectives and Research Needs What information is needed to answer specific research questions? How should that information be obtained?
  • 5. 10-5 Step 2: Designing the Research Type of data Type of research
  • 7. 10-7 Converting data into information to explain, predict and/or evaluate a particular situation. Step 4: Analyzing Data and Developing Insights ©GettyImages
  • 8. 10-8 Step 5: Developing and Implementing an Action Plan Executive Summary Body Conclusions Limitations Supplements including tables, figures, appendices Digital Vision/Getty Images
  • 9. 10-9 CHECK YOURSELF 1. What are the steps in the marketing research process? 2. What is the difference between data and information?
  • 11. 10-11 Internal Secondary Data Data Warehouse Data Mining
  • 12. 10-12 CHECK YOURSELF 1. What is the difference between internal and external secondary research?
  • 13. 10-13 Qualitative versus Quantitative Data Collection Techniques Data collection research Qualitative research Observation In-Depth interviews Focus groups Social media Quantitative research
  • 14. 10-14 CHECK YOURSELF 1. What are the types of qualitative research?
  • 15. 10-15 Advantages and Disadvantages of Secondary and Primary Data Type Examples Advantages Disadvantages Secondary Research Primary Research  Census data  Sales invoices  Internet information  Books  Journal articles  Syndicated data  Saves time in collecting data because they are readily available  Free or inexpensive (except for syndicated data)  May not be precisely relevant to information needs  Information may not be timely  Sources may not be original, and therefore usefulness is an issue  Methodologies for collecting data may not be appropriate  Data sources may be biased  Observed consumer behavior  Focus group interviews  Surveys  Experiments  Specific to the immediate  data needs and topic at hand  Offers behavioral insights  generally not available from  secondary research  Costly  Time consuming  Requires more sophisticated  training and experience to design  study and collect data
  • 16. 10-16 CHECK YOURSELF 1. What are the types of quantitative research? 2. What are the advantages and disadvantages of primary and secondary research?
  • 17. 10-17 The Ethics of Using Customer Information Strong ethical orientation Adhere to ethical practices
  • 18. 10-18 CHECK YOURSELF 1. Under what circumstances is it ethical to use consumer information in marketing research? 2. What challenges do technological advances pose for the ethics of marketing research?