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Marketing Research Basics for Lakeridge HS Marketing Class. December 17
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• Spiderman 2
• Tough Love
• Shoeless Joe
• 3000
Shoeless Joe...
Tough Love...
3000...
Test Screening
• 300 - 400 people
• Recruited to see a “sneak preview”
• Fill out an exhaustive survey about:
• Film, title, plot, characters, music and marketing program material
Think About...
• Whom would you recruit for a movie test screening?
• What questions would you ask to help your edit or modify the title or other aspects of the film?
Questions
• Before
• how old are you?
• how often do you pay to see movies?
• After
What is it?
Used to:
•Identify & define marketing opportunities
•Generate, refine & evaluate marketing opportunities
•Improve understanding of marketing process
Marketing research:
•Specifies the info required to answer research questions
•Determine best way to collect data
•Collect the data
•Analyze the results
•Communicates the findings and recommendations
Answer Questions Like:
Planning:
•What kids of people buy our products?Where do they live? How much do they earn? How many are there?
•Are the markets for our products increasing or decreasing? Are there new markets that we haven’t reached (and should)?
Problem Solving:
•[product] Which product design is likely to be the most successful?
•[product] What kind of packaging should we use?
•[price] What price should we charge for our products
•[place] Where, and by whom, should our products be sold?
•[promotion] What combination of media - newspapers, radio, television, magazines - should we use?
Why is it important?
• Seek knowledge
• Understand your audience
Types of Research
• Primary v. Secondary
• Qualitative v. Quantitative
Demographics:AgeGenderIncomeEducationRaceHome OwnershipFamily Size
Market Segmentation
Psychographics:Activities Interest Opinions
Other Segmentations: BenefitsEconomicInternational
• Small group conversation
• Interaction
• Dynamics
• Good questions
About Focus Groups