Market Research is the process of systematically gathering records and analyzing data and information about customers, competition and the market.
For adventurous travel blog please visit http://wilsontom.blogspot.com/
Market Research is the process of systematically gathering records and analyzing data and information about customers, competition and the market.
For adventurous travel blog please visit http://wilsontom.blogspot.com/
Concept of marketing by Pranesh Mishra (Brandscapes Worldwide)GetEvangelized
This slide deck was shared by Pranesh Mishra at the TiE Institute Knowledge Series in Mumbai in July2010.
The deck covers some concepts in Marketing targeted towards early stage entrepreneurs.
Related Videos
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http://www.youtube.com/watch?v=PpJtQ50t4Vg
Slides from my lecture in a Marketing Management course at Linköping University (2nd year students). The course-book was Kotler's Principles of Marketing so I covered the concepts defined in the chapter. Basic facts on qualitative and quantitative research methods were presented: interviews, surveys, ethnography and netnography, case studies, focus groups, and experiments. I also discussed how the Internet and social media have improved the quantity and quality of data available on customer behavior.
Conducting Marketing Research
What is Marketing Research?
Types of Marketing Research Firms
The Marketing Research Process
Marketing Research Process
Characteristics of Good Marketing Research
What is Marketing-Mix Modeling?
Marketing Dashboards
The Consumer
Research Process
The Importance of the Consumer
Research Process
Largely Influenced by Psychology, sociology, and anthropology
Developing Research Objectives
Secondary Data
Designing Primary research
Qualitative Collection Method
Depth Interview
Get answers to all your questions about market research; the types, outputs, benefits, and methodologies. Our experts in surveying administrators and teachers will be your guides. Learn how custom market research can help grow your business.
- To Understand the Importance of Consumer Research for Firms and Their Brands, as Well as Consumers.
-To Navigate Steps in the Consumer Research Process using Models & Frameworks.
- To Explain the Importance of Establishing Specific Research Objectives as the First Step in the Design of a Consumer Research Project.
Concept of marketing by Pranesh Mishra (Brandscapes Worldwide)GetEvangelized
This slide deck was shared by Pranesh Mishra at the TiE Institute Knowledge Series in Mumbai in July2010.
The deck covers some concepts in Marketing targeted towards early stage entrepreneurs.
Related Videos
http://www.youtube.com/watch?v=UsMdP4nkdC0
http://www.youtube.com/watch?v=PpJtQ50t4Vg
Slides from my lecture in a Marketing Management course at Linköping University (2nd year students). The course-book was Kotler's Principles of Marketing so I covered the concepts defined in the chapter. Basic facts on qualitative and quantitative research methods were presented: interviews, surveys, ethnography and netnography, case studies, focus groups, and experiments. I also discussed how the Internet and social media have improved the quantity and quality of data available on customer behavior.
Conducting Marketing Research
What is Marketing Research?
Types of Marketing Research Firms
The Marketing Research Process
Marketing Research Process
Characteristics of Good Marketing Research
What is Marketing-Mix Modeling?
Marketing Dashboards
The Consumer
Research Process
The Importance of the Consumer
Research Process
Largely Influenced by Psychology, sociology, and anthropology
Developing Research Objectives
Secondary Data
Designing Primary research
Qualitative Collection Method
Depth Interview
Get answers to all your questions about market research; the types, outputs, benefits, and methodologies. Our experts in surveying administrators and teachers will be your guides. Learn how custom market research can help grow your business.
- To Understand the Importance of Consumer Research for Firms and Their Brands, as Well as Consumers.
-To Navigate Steps in the Consumer Research Process using Models & Frameworks.
- To Explain the Importance of Establishing Specific Research Objectives as the First Step in the Design of a Consumer Research Project.
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Marketing research that is the foundation of a successful marketing plan/campaign.
Why marketing research is important
If you need a copy of the Power point presentation email your request @ dngrtz2000@hotmail.com, will send you your copy immediately.
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involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
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2. Marketing Research
Is the systematic design, collection, analysis,
and reporting of data and findings relevant to
a specific marketing situation facing the
company.
It could be:
Primary or secondary
3. Primary research:
Original research performed by individual
researchers or organization to met specific
objectives
Examples of primary research:
1. Personal interview
2. Focus groups
3. telephone interviews
4. Mailing questionnaires
4. Secondary Research:
Locating secondary data which was generated for some
purpose other than the present research objectives.
Sources of Secondary data:
1. Internal sources
2. Government publications
3. Periodicals and books
4. Commercial data
6. Types of Marketing Research:
1. Desk Research
2. Qualitative Research
3. Quantitative Research
7. Marketing Research
Desk Research
This type of research is available to
everybody, and gives an idea about what
is happening and not why is it
happening?
Does not address the exact problem.
8. Marketing Research
• Helps give us new ideas
• Subjective in nature
• It could be a helpful step towards designing a
quantitative research
1. Focus Group: Talk freely
2. Depth Interview: Face to face interview
3. Projective Techniques
4. Metaphor Analysis
9. Hints for a Good Focus Group
Assemble 6-10 people who you think would buy your product.
Gather in an informal, relaxed setting.
Use someone who is an excellent interviewer /moderator
with good listening skills.
I initiate open-ended questions.
Listen as participants share ideas, respond to one another and
stimulate one another’s thinking.
Gently guide the discussion for no more than one hour.
Take notes during the session and also audio tape it for
accuracy.
10. Quantitative Research
Gives us numerical data and helps us choose
between alternatives about something that we
are familiar with.
Objective and descriptive in nature.
11. Quantitative Research
Data Collection:
Observational
Experimentation
Surveys:
1. Personal interview
2. Phone
3. Direct mail
4. E-mail
12. Observation Methods
Direct contact with subject is avoided to reduce
possible awareness of observation process.
Physical conditions, subject actions, and
demographics are noted.
Observation may be combined with same
subject interviews.
Data gathered may influenced by observer bias.
13. Experimentation
Experiment
A research method that attempts to maintain
(control) certain variables while measuring the
effects of experimental (uncontrolled) variables
Independent variable: acts on the dependent
variable
Dependent variable: is affected by variations in
the independent variable
14. Creating a Print Survey
Keep questions short, simple and to the point.
Make it very easy for the respondent to
complete. Have someone who is not familiar
with the survey give you a critique.
Surveys should take no longer than 5-10 minutes
to complete.
Be careful not to bias the answers with your
question construction.
Say. ‘’ Thank you.’’
15. Offer respondents some reward for completing
the survey ( money, discounts, prizes, etc.).
18. Attitude Scales
Satisfaction Measures:
Very
Dissatisfied
Somewhat
Dissatisfied
Neither
Satisfied
nor
Dissatisfied
Somewhat
Satisfied
Very
Satisfied
19. Attitude Scales
Importance Scales:
Not al All
Important
Somewhat
Unimportan
t
Neither
Important
nor
Unimportant
Somewhat
Important
Extremely
Important
20. Attitude Scales
Behavior Intention Scales:
Definitely
Will Not
(Prescribe)
Probably
Will Not
(Prescribe)
Might or
Might Not
(Prescribe)
Probably
Will
(Prescribe)
Definitely
Will
(Prescribe)
21. Attitude Scales
Rank Order Scale: Rank the
following options by placing
number from 1 (Most
Favorable)
To 5 (Least Favorable).
-----Option X
-----Option Y
-----Option Z
-----Option M
-----Option N
22. Marketing Research
Types of Samples:
Probability Samples:
1. Simple Random Sample
2. Stratified Random Sample
3. Cluster (Area) Sample
Non-Probability Samples:
1. Convenience Sample
2. Judgment Sample
3. Quota Sample
23. Marketing Research
The Marketing Research Process:
1. Define the problem and Research Objectives
‘’ It isn’t that they can’t see Solution.
It is that they can’t see the problem’’ G. K.
Chesterton
(1874-1936)
2. Design the research plan
3. Collect Secondary Data
4. Sample design
5. Collect Primary Data
6. Analyze the information
7. Write the final report and present the findings
24. Marketing Research
the product manager must:
1. Know the principles of marketing research
2. Oversee the process
3. Ensure that objectives are clear and
meaningful
4. Ensure that the project is well planned and
well executed
5. Be responsible for the results
25. Marketing Research
Systematic: Carefully planned process,
Qualitatively and quantitatively significant.
Unbiased: Interest in adjective data, not
Prejudiced by preconceived ideas.
All: Comprehensive analysis and evaluation of the
environments that impact our business.
26. Marketing Research Planner
User checklist :
1. What is the problem? What is the
opportunity?
2. What are the specific objectives?
3. What information is needed?
4. What are the benefits?
5. How much will the study cost?
27. Marketing Research Planner
Research Checklist:
1. Problem analysis: Agree with user?
2. Objectives of the study: Agree with user?
3. Type of Study: Qualitative? Quantitative? Both?
4. Target group
5. Data collection method
6. Sample type and size
7. Schedule: Start dates and finish dates
8. Estimated costs
9. Will a marketing research agency be used? If so, who?
10. Who will supervise the agency?