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Chapter 2 The Marketing Research Process

Chapter 2

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Chapter 2. The Marketing Research Process. Learning Objectives. Describe the four phases involved with the research process Describe ten integrative task steps involved with the research process Illustrate and explain the critical elements of problem definition in marketing research. - PowerPoint PPT Presentation

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Page 1: Chapter 2

Chapter 2

The Marketing Research Process

Page 2: Chapter 2

1. Describe the four phases involved with the research process

2. Describe ten integrative task steps involved with the research process

3. Illustrate and explain the critical elements of problem definition in marketing research.

3. Distinguish among exploratory, descriptive, and causal research designs

Learning Objectives

Page 3: Chapter 2

• Changing Marketing Environmental• Internet• Secondary Data• Primary Data• Gatekeeper Technology

• Traditional methods• Privacy legislation• Online marketers and researchers

• Global Markets• Marketing Research• Information Research Process

Changing View of the Marketing Research Process

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• Four Situations When Marketing Research Not Needed

1. Information already available2. Insufficient time frame3. Inadequate resources4. Costs outweigh the value of the

research

Page 5: Chapter 2

Responsibility of the Decision MakerDecision makers should consider a setof evaluative questions

1. What is the perceived importance and complexity of the problem?

2. Is the problem realistically researchable?

3. Will the research findings be implemented?

Decision Maker’s Questions

Page 6: Chapter 2

4. Will the research design and data represent reality?

5. Will the research results and findings be used as legal evidence?

6. Is the proposed research politically motivated?

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Conditional reasons to consider conducting research

Will it:1. Clarify the problem or identify marketplace changes2. Help the company acquire a competitive advantage3. Help achieve marketing objectives4. Provide an understanding of future market conditions

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Standardized Phases4 Phases—Information Research

Process1. Determine the research problem2. Select the appropriate research

design3. Execute the research design4. Communicate the research results

Overview of the Information Research Process

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Page 10: Chapter 2

Step 1: Identify and Clarify Information Needs• Formal Statement of the Problem

• Decision Problem• Determine the decision maker’s purpose

• Perform Situation Analysis

• Understand the complete problem situation• Remember the iceberg

Phase I: Determination of the Information Research Problem

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Illustrate and explain the critical elements of problem definition in

marketing researchExhibit 2.8

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• Identify and Separate Out Measurable Symptoms

• Separate the root problems from the observable and measurable symptoms

• Determine the Unit of Analysis• Individuals, households, geographical areas, etc.

• Determine the Relevant Variables to the Situation

• Identify independent and dependent variables• Information and specific constructs are relevant

Phase I: Determination of the Information Research Problem

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Step 2: Specify the Research Questions and Define The Research Problem• Reformulate the Problem in Scientific Terms

• Defining research problem influences all the remaining research steps

Step 3: Confirm Research Objectives Assess the Value of Information• Stated Research Objectives• Research Objectives

Phase I: Determination of the Information Research Problem

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Step 4: Determine the Research Design and Data Sources• Exploratory Research• Descriptive Research• Causal Research• Secondary Data Sources• Primary Data

Phase II: Select the Appropriate Research Design

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Step 5: Determine the Sample Plan and Sample Size• Target Population• Sample

• Probability Sampling• Each member of the defined target

population has a known chance of being selected• Nonprobability Sampling

Phase II: Select the Appropriate Research Design

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Step 7 Pretest the QuestionnaireWrite questionnaireQuestionnaire must be pretested

Clarity of instruction and questionSequence of the topics and question

Revision can be done at this stage

Phase II: Select the Appropriate Research Design

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Step 8 Collect and Prepare DataData Collection Methods

◊ Use Interviewers◊ Self-administrated questionnaires

◊ Questioning Methods◊ Observation Methods◊ Future Methods

Primary and Secondary Data collection done

Phase III: Execute the Research Design

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Step 9: Analyze DataAnalysis Procedures

• Frequency distribution• Sample statistics• Multivariate data analysis

Step 10 Transform Data Structures into Information• Information is created fro decision makers• Interpret the results of the statistical analysis

Phase III: Execute the Research Design

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• Step 11: Prepare and Present the Final Report to Management• Sections in Research Report• Submit Written Report

• Make oral presentation

Phase IV: Communicate the Research Results