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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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Chapter 2
The Marketing Research Process
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
• 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
• Four Situations When Marketing Research Not Needed
1. Information already available2. Insufficient time frame3. Inadequate resources4. Costs outweigh the value of the
research
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
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?
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
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
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
Illustrate and explain the critical elements of problem definition in
marketing researchExhibit 2.8
• 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
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
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
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
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
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
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
• 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