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+

Integrated Marketing
Communication
Research & Analysis
+

Role of Research


Means of providing accurate, impartial information to marketing
decision makers



Identifies consumer needs



Monitors marketing performance



Helps risk reduction



Improves understanding of marketing as a process
+
+

The Use of Research in IMC


Helps to evaluate the:

1.

Efficiency,

2.

Effectiveness and

3.

Economy

of each element within the marketing communications mix (4 Ps)
+

Personnel in Market Research


Client company


Marketing research manager



Market research agency



Product/brand manager



Communications agency
+

Outline of a Typical Research
Proposal
1)

Project title

2)

Statement of marketing problem

3)

Purpose and scope of project

4)

Data sources and research methodology

5)

Estimate of time and personnel requirements

6)

Cost estimates
+

7 Stages of Market Research
1 Problem formulation.
2 Determine research design.
3 Data collection method design.
4 Sample design.
5 Data collection.
6 Analysis and interpretation of data.
7 Prepare research report.
+

Types of Market Research
Types of Market Research
+
Primary

Secondary

Information is gathered first hand

Information gathered from existing
sources

Various methods of collection

Can be free or purchased from specialist
companies

Both exploratory and/or conclusive

Internal and external sources

Qualitative

Quantitative

✓ Saves time and money

✓ Aims to find out
what relevant
others think

✓ Measurement as ✓ Helps define objectives
main aim

✗ Only feasible on
small samples

✓ Highly
structured

✓ Suggests possible avenues for
research design

✗ No intention to
measure anything

✗ Difficult to
measure people’s
views

✗ No way of checking accuracy

✗ Data is fairly old
+

Sampling Methods
+

Issues with Sampling Methods
Probability Sampling

Non-Probability Sampling

✗ Expensive

✗ No intention of creating
statistical validity

✗ Time consuming

✓ Easy to gather sample group

✗ Selected respondents cannot be
substituted easily

Seldom used in market research
+

Sampling Error


The extent to which the average situation in a sample varies
from the actual average situation in the population of
interest



Nothing can be done to eliminate this error
+

Non-sampling Error


Things that can go wrong or can vary when carrying out a
survey


Interviewer may be biased



Non-responses
+

Market Monitoring


An ongoing process of market analysis



Data is obtained from a variety of sources



Continuous research and syndicated surveys



Develop strategies based on the understanding of consumers
to launch or sustain products
+

Market Monitoring
Audits


Companies pay a subscription and receives the latest data at
regular intervals



Permits analysis of the market i.e. sales value and volume



Allow progress of individual companies, products, product
variations and prices to be monitored over time



Constant source of reference



Helps locate gaps in the market for possibilities of new
products
+

Segmentation of Data
Geodemographic data


Classifies small geographical areas according to the
characteristics of their inhabitants

Psychographic data


Differentiates and aggregates consumers in terms of
psychological dimensions
+

Types of Market Research
+

Market Monitoring
Syndicated Research

Omnibus Surveys

Brief and basic mixture of secondary
and primary data

Unique products of certain agencies

Hundreds of firms can have access to
the same data

A fresh sample is recruited every time

✓ Tend to fill gaps in the regular data
provision

✓ Can ask specific questions when
the need arises

✓ Low cost

✓ Cost effective compared to ad-hoc
research
✗ Respondent fatigue and viewing
order effect
+

Media Measurement
Message research


Used for pretesting and post-testing all aspects of creative
messages



Conducted through ad hoc methods

Media research


Looks at effectiveness of different media as vehicles for the
message



Can be bought commercially
+

Test Marketing


A controlled experiment in which one or more proposed
marketing actions are trialed in a limited section of the market
place

✓ Assess the viability of a new product before its’ launch
✗ Exposes the product to competitors
+

Perceptual Mapping


Drawing of spatial maps based on views of consumers on
different dimensions of the product, couched in comparative
terms

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Research & analysis imc 28.08

  • 2. + Role of Research  Means of providing accurate, impartial information to marketing decision makers  Identifies consumer needs  Monitors marketing performance  Helps risk reduction  Improves understanding of marketing as a process
  • 3. +
  • 4. + The Use of Research in IMC  Helps to evaluate the: 1. Efficiency, 2. Effectiveness and 3. Economy of each element within the marketing communications mix (4 Ps)
  • 5. + Personnel in Market Research  Client company  Marketing research manager  Market research agency  Product/brand manager  Communications agency
  • 6. + Outline of a Typical Research Proposal 1) Project title 2) Statement of marketing problem 3) Purpose and scope of project 4) Data sources and research methodology 5) Estimate of time and personnel requirements 6) Cost estimates
  • 7. + 7 Stages of Market Research 1 Problem formulation. 2 Determine research design. 3 Data collection method design. 4 Sample design. 5 Data collection. 6 Analysis and interpretation of data. 7 Prepare research report.
  • 8. + Types of Market Research
  • 9. Types of Market Research + Primary Secondary Information is gathered first hand Information gathered from existing sources Various methods of collection Can be free or purchased from specialist companies Both exploratory and/or conclusive Internal and external sources Qualitative Quantitative ✓ Saves time and money ✓ Aims to find out what relevant others think ✓ Measurement as ✓ Helps define objectives main aim ✗ Only feasible on small samples ✓ Highly structured ✓ Suggests possible avenues for research design ✗ No intention to measure anything ✗ Difficult to measure people’s views ✗ No way of checking accuracy ✗ Data is fairly old
  • 11. + Issues with Sampling Methods Probability Sampling Non-Probability Sampling ✗ Expensive ✗ No intention of creating statistical validity ✗ Time consuming ✓ Easy to gather sample group ✗ Selected respondents cannot be substituted easily Seldom used in market research
  • 12. + Sampling Error  The extent to which the average situation in a sample varies from the actual average situation in the population of interest  Nothing can be done to eliminate this error
  • 13. + Non-sampling Error  Things that can go wrong or can vary when carrying out a survey  Interviewer may be biased  Non-responses
  • 14. + Market Monitoring  An ongoing process of market analysis  Data is obtained from a variety of sources  Continuous research and syndicated surveys  Develop strategies based on the understanding of consumers to launch or sustain products
  • 15. + Market Monitoring Audits  Companies pay a subscription and receives the latest data at regular intervals  Permits analysis of the market i.e. sales value and volume  Allow progress of individual companies, products, product variations and prices to be monitored over time  Constant source of reference  Helps locate gaps in the market for possibilities of new products
  • 16. + Segmentation of Data Geodemographic data  Classifies small geographical areas according to the characteristics of their inhabitants Psychographic data  Differentiates and aggregates consumers in terms of psychological dimensions
  • 17. + Types of Market Research
  • 18. + Market Monitoring Syndicated Research Omnibus Surveys Brief and basic mixture of secondary and primary data Unique products of certain agencies Hundreds of firms can have access to the same data A fresh sample is recruited every time ✓ Tend to fill gaps in the regular data provision ✓ Can ask specific questions when the need arises ✓ Low cost ✓ Cost effective compared to ad-hoc research ✗ Respondent fatigue and viewing order effect
  • 19. + Media Measurement Message research  Used for pretesting and post-testing all aspects of creative messages  Conducted through ad hoc methods Media research  Looks at effectiveness of different media as vehicles for the message  Can be bought commercially
  • 20. + Test Marketing  A controlled experiment in which one or more proposed marketing actions are trialed in a limited section of the market place ✓ Assess the viability of a new product before its’ launch ✗ Exposes the product to competitors
  • 21. + Perceptual Mapping  Drawing of spatial maps based on views of consumers on different dimensions of the product, couched in comparative terms

Editor's Notes

  1. Research and Analysis is the first part of the RABOSTIC model.
  2. A need for research arise and a problem is thus identified. A brief is produced by the client company and given to the research agency. The market research agency will then produce a proposal, and should the proposal be deemed acceptable by the client company, research will be implemented and a final research report will be produced.
  3. Validity: measure what you intendto measureReliability: next time we use the same sample method we will get the same results (consistency)In the implementation stage of a product, quantitative analysis is more relevant.The research and analysis part of the RABOSTIC model, is continuously being done in the process, qualifying the recommendations that are being put forward.