Chapter 2
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Presentation Transcript
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. • Distinguish among exploratory, descriptive, and causal research designs
Changing View of the Marketing Research Process • 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
Four Situations When Marketing Research Not Needed • Information already available • Insufficient time frame • Inadequate resources • Costs outweigh the value of the research
Decision Maker’s Questions Responsibility of the Decision Maker Decision makers should consider a set of evaluative questions • What is the perceived importance and complexity of the problem? • Is the problem realistically researchable? • Will the research findings be implemented?
Will the research design and data represent reality? • Will the research results and findings be used as legal evidence? • Is the proposed research politically motivated?
Conditional reasons to consider conducting research Will it: 1. Clarify the problem or identify marketplace changes • Help the company acquire a competitive advantage 3. Help achieve marketing objectives • Provide an understanding of future market conditions
Overview of the Information Research Process Standardized Phases 4 Phases—Information Research Process • Determine the research problem • Select the appropriate research design • Execute the research design • Communicate the research results
Phase I: Determination of the Information Research Problem 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
Illustrate and explain the critical elements of problem definition in marketing research Exhibit 2.8
Phase I: Determination of the Information Research Problem • 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 II: Select the Appropriate Research Design 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 Questionnaire Write questionnaire Questionnaire must be pretested Clarity of instruction and question Sequence of the topics and question Revision can be done at this stage
Phase III: Execute the Research Design Step 8 Collect and Prepare Data Data 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 Data Analysis 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 IV: Communicate the Research Results • Step 11: Prepare and Present the Final Report to Management • Sections in Research Report • Submit Written Report • Make oral presentation