MBR_Class 03 (1)

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    Research Design

    Formulation

    Syed Asghar Reza

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    Research Design

    It is a frame work for conducting the marketing

    research project. It specifies the details of the

    procedures necessary for obtaining theinformation needed to structure and or solve

    marketing research problem.

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    Research Design

    ResearchDesign

    Exploratory Conclusive

    DescriptiveResearch

    CrossSectional

    Single Cross

    Sectional

    MultipleCross

    Sectional

    Longitudinal

    CausalResearch

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    Exploratory vs. Conclusive ResearchExploratory Conclusive

    Objective To provide insights andunderstandings To test specific hypothesisand examine relationships

    Characteristics

    Information needed is

    defined loosely. Researchprocess is flexible and

    unstructured. Sample is

    small and non

    representative. Analysis of

    primary data is qualitative.

    Information needed is

    clearly defined. Researchprocess is formal and

    structured. Sample is

    large and representative.

    Analysis of primary data is

    quantitative.

    Findings Results Tentative Conclusive

    OutcomeGenerally followed by

    further exploratory or

    conclusive research.

    Findings used as in input

    into decision making.

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    Comparison of Basic Research DesignExploratory Descriptive Causal

    ObjectiveDiscover Ideas and

    Insights

    Describe market

    characteristics or

    functions

    Determine cause

    and effect

    relationships

    Characteristics

    Flexible Versatile

    Often the front end

    of total researchdesign

    Marked by the prior

    formulation of specific

    hypothesis.Planned and

    structured design.

    Manipulation of

    one or mire

    independentvariables.

    Control of other

    mediating

    variables.

    Methods

    Expert surveys

    Pilot surveys

    Secondary data

    (analyzed

    qualitatively)

    Qualitative research

    Secondary data

    (analyzed

    qualitatively)

    Surveys

    Panels

    Observational andother datas

    Experiments

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    The Six Ws1. Who

    2. What

    3. When

    4. Where

    5. Why

    6. Way

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    1. How did the American people rate the performance of George

    W. Bush immediately after the war in Afghanistan?

    2. How did the American people change their view of Bushs

    performance during the war in Afghanistan?

    Cross Sectional and Longitudinal Research Examples:

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    Potential Sources of Errors in ResearchTotal Error

    RandomSampling

    Error

    NonSampling

    Error

    ResponseError

    ResearcherErrors

    InterviewerErrors

    RespondentErrors

    Non

    ResponseError

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    Total Error

    The variance between the true mean value in the

    population of the variable of interest and the

    observed mean value obtained in the research

    project.

    Example:

    Average annual income of target population isRs. 12,000, as determined from last census., but

    the marketing research project estimates it to Rs.

    11,200

    Potential Sources of Errors in Research

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    Random Sampling ErrorThe error due to the particular sample selected being animperfect representation of the population of interest. Itmay be defined as the variation between the true meanvalue for the sample and the true mean value of thepopulation.

    Non Sampling Error

    Non sampling errors are errors that can be attributed tosources other than sampling and they can be random ornon random.

    Example: A wrong questionnaire is developed which maygenerate biased answers.

    Non sampling error consists of non response errors andresponse errors.

    Potential Sources of Errors in Research

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    Non response Error.

    The type of non sampling error that occurs when

    some of the respondents included in the sample

    do not respond. This error may be defined as the

    variation between the true mean value of the

    variable in the original sample and the true mean

    value in the net sample.

    Example:

    Primary cause is refusal and not at home.

    Potential Sources of Errors in Research

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    Response Error.

    A type of error arising from respondents who do

    respond but give inaccurate answers or their

    answers are misrecorded or misanalayzed.

    Example:

    Primary cause is refusal and not at home.

    Potential Sources of Errors in Research

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    Class Activity 6 Ws)Continental Biscuits is planning to launch a new line ofcookies and want to asses the market size. The cookieshave a mixed chocolate-pineapple flavor and will betargeted at the premium end of market. Discuss the

    6Ws of research.

    1. Who

    2. What

    3. When4. Where

    5. Why

    6. Way