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Introduction to Marketing Research
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5th edition Alvin C. Burns Ronald F. Bush
An Introduction to Marketing Research
A Framework for Marketing Management
Marketing 101 JOMC 272. Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings.
1-1 International Business Environments and Operations, 13/e Part One Background For International Business Copyright © 2011 Pearson Education, Inc. publishing.
Copyright ©2010 Pearson Education, Inc. publishing as Prentice Hall 1- 1 Basic Marketing Research: Using Microsoft Excel Data Analysis, 3 rd edition Alvin.
Chapter1 An Introduction to Marketing Research. The Importance of Information Companies Need Accurate Information About:..The marketing environment..Customer.
Chapter Two Advertising’s Role in Marketing. Prentice Hall, © Marketing is considered to be: a) The way a product is advertised among target.
LOGO Introduction to Marketing Research Professor Yu Hongyan Sun Yat-Sen Business School, SYSU 12 September 2015.
Chapter 7- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Seven Customer-Driven Marketing Strategy: Creating Value.
Introduction to Advertising
2- 1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall i t ’s good and good for you Chapter Two Company and Marketing Strategy Partnering.
Chapter 1: Marketing Planning: New Urgency, New Possibilities
1-1 Copyright © 2010 Pearson Education, Inc.. To understand Marketing Research, we must answer these questions: What is marketing? What is the marketing.
Marketing: Creating and Capturing Customer Value
Secondary Data and Packaged Information
Chapter Nine Marketing Channels and Channel Mapping
Chapter Six Strategic Research. Prentice Hall, © Market research is the foundation for advertising decisions because it: a) Identifies people.
Target marketing Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall 7.
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The Marketing Research Process: An Overview
Apr 06, 2019
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The Marketing Research Process: An Overview. Chapter 3. Types of Marketing Research. Exploratory Descriptive Causal Concomitant variation. The Research Process. Defining the Problem Planning a Research Design Sampling Gathering the Data Processing and Analyzing the Data
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Presentation Transcript
The Marketing Research Process: An Overview Chapter 3
Types of Marketing Research • Exploratory • Descriptive • Causal • Concomitant variation
The Research Process • Defining the Problem • Planning a Research Design • Sampling • Gathering the Data • Processing and Analyzing the Data • Formulating the Conclusions and Preparing the Report
Defining the Problem • Ascertain the Decision Makers Objectives • Isolate & Identify the Problem • The Iceberg Principle • Identification of Key Variables • Research Question & Hypotheses
Research Proposal & Program Strategy • Research proposal • Program strategy
Exploratory Research Techniques • Secondary research • Journals • Pilot study • Research objective
Planning the Research Design • Selecting Research Method • Surveys • Experiments • Secondary Research • Observation • Which is best?
Sampling & Data Gathering • What is sampling? • Sampling v. population • Probability v. Nonprobability • Data gathering • Pretesting phase • Main study
Data Processing & Analysis • Data processing • Editing • Coding • Analysis
Conclusions & Report Preparation • Conclusions & Report Preparation
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- Chapter 1 Marketing Research Malhotra
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1-1© 2007 Prentice Hall
Introduction and Early Phases of Market Research
1-2© 2007 Prentice Hall
Chapter Outline
1) Overview
2) Definition of Marketing Research
3) A Classification of Marketing Research
4) Marketing Research Process
5) The Role of Marketing Research in Marketing Decision Making
6) Marketing Research and Competitive Intelligence
7) The Decision to Conduct Research
1-3© 2007 Prentice Hall
8) Marketing Research Suppliers and Services
9) Selecting a Research Supplier
10) Careers in Marketing Research
11) The Role of Marketing Research in MIS and DSS
12) The Department Store Project
13) International Marketing Research
14) Ethics in Marketing Research
15) Summary
1-4© 2007 Prentice Hall
Redefining Marketing Research
The American Marketing Association (AMA) redefined Marketing Research as:
The function that links the consumer, the
customer, and public to the marketer
through INFORMATION
1-5© 2007 Prentice Hall
Used to identify and define market opportunities and problems
Generate, refine, and evaluate marketing performance
Monitor marketing performance
Improve understanding of marketing as a process
1-6© 2007 Prentice Hall
Definition of Marketing Research
Marketing research is the systematic and objective identification collection analysis dissemination and use of information
For the purpose of improving decision making related to the identification and solution of problems and opportunities in marketing.
1-7© 2007 Prentice Hall
Market Research
Specifies the information necessary to address these issues
Manages and implements the data collection process
Analyzes the results
Communicates the findings and their implications
Helps managers use this information to make decisions
1-8© 2007 Prentice Hall
Classification of Marketing Research
Problem-Identification Research Research undertaken to help identify problems which are
not necessarily apparent on the surface and yet exist or are likely to arise in the future. Examples: market potential, market share, image, market characteristics, sales analysis, forecasting, and trends research.
Problem-Solving Research Research undertaken to help solve specific marketing
problems. Examples: segmentation, product, pricing, promotion, and distribution research.
1-9© 2007 Prentice Hall
A Classification of Marketing Research
Marketing Research
Problem Identification Research
Problem-Solving Research
Market Potential ResearchMarket Share ResearchMarket Characteristics ResearchSales Analysis ResearchForecasting ResearchBusiness Trends Research
Segmentation Research
Product Research
Pricing Research
Promotion Research
Distribution Research
1-10© 2007 Prentice Hall
Determine the basis of segmentation
Establish market potential and responsiveness for varioussegments
Select target markets
Create lifestyle profiles:demography, media, and product image characteristics
SEGMENTATION RESEARCH
Test concept
Determine optimal product design
Package tests
Product modification
Brand positioning and repositioning
Test marketing
PRODUCT RESEARCH
1-11© 2007 Prentice Hall
Problem-Solving ResearchTable 1.1 cont.
PRICING RESEARCH
Pricing policies
Importance of price in brand selection
Product line pricing
Price elasticity of demand
Initiating and responding to price changes
PROMOTIONAL RESEARCH
Optimal promotional budget
Sales promotion relationship
Optimal promotional mix
Copy decisions
Media decisions
Creative advertising testing
Evaluation of advertising effectiveness
1-12© 2007 Prentice Hall
DISTRIBUTION RESEARCH
Determine…Types of distributionAttitudes of channel members Intensity of wholesale & resale coverage
Channel marginsLocation of retail and wholesale outlets
1-13© 2007 Prentice Hall
Marketing Research Process
Step 1 : Problem Definition
Step 2 : Development of an Approach to the Problem
Step 3 : Research Design Formulation
Step 4 : Fieldwork or Data Collection
Step 5 : Data Preparation and Analysis
Step 6 : Report Preparation and Presentation
1-14© 2007 Prentice Hall
Marketing Research ProcessStep 1: Defining the Problem
Step 2: Developing an Approach to the Problem
Step 3: Formulating a Research Design
Step 4: Doing Field Work or Collecting Data
Step 5: Preparing and Analyzing Data
Step 6: Preparing and Presenting the Report
1-15© 2007 Prentice Hall
The Role of Marketing Research
ControllableMarketing
•Product•Pricing•Promotion•Distribution
VariablesMarketing Research
MarketingDecisionMaking
ProvidingInformation
AssessingInformationNeeds
Marketing Managers
• Market Segmentation
• Performance & Control
•Target Market Selection• Marketing Programs
UncontrollableEnvironmentalFactors
• Economy• Technology• Laws &
Regulations• Social &
Cultural Factors
• Political Factors
Fig. 1.2• Consumers• Employees• Shareholders• Suppliers
Customer Groups
1-16© 2007 Prentice Hall
ClientNeeds Fin
Solve Problem
Achieve Goal
ClarifyDecisions
EvaluateInterpretFacilitate
MarketPlanResearch
AdviseAssistExecution
Opportunity scan
Option generation
Refine options
Power Decisions’ Methodology
1-17© 2007 Prentice Hall
Management Information Systems Vs. Decision Support Systems
Unstructured Problems
Use of Models
User Friendly Interaction
Adaptability
Can Improve Decision
Making by Using “What
Structured Problems
Use of Reports
Rigid Structure
Information Displaying
by Clarifying Data
Naresh Malhotra, David Birks and Peter Wills, Marketing Research, 4th Edition, © Pearson Education Limited 2012 Slide 11.1 Chapter 11 Causal research design:
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Chapter 1: Introduction to Marketing
Learning objectives.
After reading chapter 1, students should be able to
- Define and explain the terms ‘marketing’ and ‘marketing concept’
- Demonstrate an understanding of the historical development and progression of marketing in the business industry
- Provide an explanation of the benefits and value of studying marketing
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Chapter 1 The Role of Marketing Research - PowerPoint PPT Presentation
Chapter 1 The Role of Marketing Research
William g. zikmund. barry j. babin. 9th edition. part 1 ... mgt 3940 business research methods: asst. prof dr. nucharee s. 1 3 ... inductive reasoning ... – powerpoint ppt presentation.
- How to get an answer whether these statement are TRUE?
- No. 1 Is Sizzler categorized as a service company since the product it sells is service not physical goods?
- No. 2 How students value the international program?
- RESEARCH (re-search) -search again
- Business research is defined as the systematic and objective process of generating information for aid in making business decisions
- Research information
- neither intuitive nor haphazardly gathered.
- must be objective
- Detached and impersonal
- Aimed to gain Information to reduces uncertainty
- It facilitates the managerial decision process for all aspects of a business
- Basic Research
- Attempts to expand the limits of knowledge.
- Not directly involved in the solution to a pragmatic problem.
- Is brand equity related to consumers decision making?
- Does employee satisfaction correlate to commitment?
- Applied Research
- Conducted when a decision must be made about a specific real-life problem
- Should KFC add spicy chicken wing to its menu?
- Should Procter Gamble add a high-priced orthodontic toothbrush to its product line?
- Research expenditures
- Delay of marketing decision and possible disclosure of information to rivals
- Possible erroneous research results
- Decreased uncertainty
- Increased likelihood of a correct decision
- Improved marketing performance and resulting higher profits
- When there is a difference between the current conditions and a more preferable set of conditions.
- Problems Mean Gaps
- Business performance is worse than expected business performance.
- Actual business performance is less than possible business performance.
- Expected business performance is greater than possible business performance.
- A coherent set of general propositions used as principles of explanation of the apparent relationships of certain observed phenomena.
- Two purposes of theory
- Understanding
- A generalized idea about a class of objects, attributes, occurrences, or processes that has been given a name
- A mental image that has no meaning to someone else except for the one who conceptualize.
- Management leadership productivity,
- Marketing satisfaction quality Intention
- Economics inflation gross national product,
- A concept or construct - a generalized idea about anything that are focused in the research.
- Proposition - statement about concept or relationship between concepts
- A variable is anything that may assume different numerical values
- Hypothesis - statement/s that guide the possibility of an explanation or generalization which can be validated empirically.
- Its empirically testable proposition
- Deductive Reasoning
- The logical process of deriving a conclusion from a known premise or something known to be true.
- Inductive Reasoning
- The logical process of establishing a general proposition on the basis of observation of particular facts.
- Variables come from concept that a researcher has identified from literature review, opinion, experience or observation
- Types of variables
- Independent
- Criterion/Resultant
- Moderator Enhances understanding of relations between independent and dependent variable
- Mediating (Intervening) Relates two variables together
- Variable consists of only small number of values, each corresponding to a specific category value or label.
- Consumer status
- High frequent , low frequent, non-customer
- Male, female
- Marital status
- Single, married, divorced, widowed
- Data that consist of a large number of values, with no particular category label attached to any particular data value.
- weight in kilograms
- the age in years
- the distance from the customers home to the department store in kilometers.
- Unit of Analysis
- Indicates what or who should provide the data and at what level of aggregation.
- Individuals (such as customers, employees, and owners)
- Households (families, extended families, and so forth)
- Organizations (businesses and business units)
- Departments (sales, finance, and so forth)
- Geographical areas
- Objects (products, advertisements, and so forth).
- Research Questions
- Express the research objectives in terms of questions that can be addressed by research.
- Help to develop well-formulated, specific hypotheses that can be empirically tested
- Help the researcher design a study that will produce useful results.
- Research Proposal
- A written statement of the research design
- Uses for the Proposal
- As a planning tool
- As a contract
- Forward linkage earlier stages influence later stages.
- Backward linkage later steps influence earlier stages of the research process.
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Figure 1.4 The Marketing Research Process Figure 1.4 The Marketing Research Process Step 1: Defining the Problem Step 2: Developing an Approach to the Problem Step 3: Formulating a Research Design Step 4: Doing Field Work or Collecting Data Step 5: Preparing and Analyzing Data Step 6: Preparing and Presenting the Report.
1. Definition of Marketing Research 2. A Classification of Marketing Research 3. Marketing Research Process 4. The Role of Marketing Research in Decision Making 5. The Information Value Chain for Marketing Research 6. Marketing Research Industry 7. Selecting a Research Supplier 8. Careers in Marketing Research 9. Technology and Marketing Research 10. Ethics in Marketing Research
Unit 1 - Introduction to Marketing Research. MR2300 with Paul Tilley. Unit 1 - Introduction to Marketing Research. In this video we will:. Define Marketing Research Define the Marketing Concept Explain the role of research in marketing strategy Identify when Marketing Research is needed. In this video we will:. 509 views • 33 slides
Chapter 1 - Introduction to Marketing Research - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. Marketing Research is the process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem. A Marketing Strategy consists of selecting a segment of the market as the ...
To review the marketing concept and the marketing mix. 2. To comprehend the marketing environment within which managers must make decisions. 3. To define marketing research. 4. To understand the importance of marketing research in shaping marketing decisions. 5. To learn when marketing research should and should not be conducted.
Exploring Marketing Research William G. Zikmund Chapter 1: The Nature of Marketing Research
1. Introduction to Marketing Research.ppt - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online.
Download ppt "Exploring Marketing Research William G. Zikmund Chapter 1: The Nature of Marketing Research." Similar presentations ... 1 Chapter 14 Marketing. 2 Learning Objectives Suggest how markets for international expansion can be selected, their demand assessed, and appropriate.
marketing-research305.ppt - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. Definition of Marketing Research Marketing research is the systematic and objective identification, collection, analysis, dissemination, and use of information for the purpose of improving decision making.
Chapter 1 Introduction to Marketing Research. 2 . 3 What is Marketing? Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. ... Download ppt "Introduction to Marketing Research" Similar presentations ...
Chapter 1 Introduction and Early Phases of Market Research. Chapter 1 Introduction and Early Phases of Market Research. Chapter Outline. 1) Overview 2) Definition of Marketing Research 3) A Classification of Marketing Research 4) Marketing Research Process 5) The Role of Marketing Research in Marketing Decision Making. 1.07k views • 33 slides
The Role of Marketing Research 1. Part of the marketing intelligence feedback process where decision makers are provided with the necessary data to assess the current marketing mix strategies. 2. Provides decision makers with a clearer view on existing opportunities in the marketing environment.
chapter-1-marketing-research-malhotra.ppt.pdf - Free download as PDF File (.pdf), Text File (.txt) or view presentation slides online. Scribd is the world's largest social reading and publishing site.
1-14© 2007 Prentice Hall. Marketing Research ProcessStep 1: Defining the Problem. Step 2: Developing an Approach to the Problem. Step 3: Formulating a Research Design. Step 4: Doing Field Work or Collecting Data. Step 5: Preparing and Analyzing Data. Step 6: Preparing and Presenting the Report
Learning Objectives. After reading chapter 1, students should be able to. Define and explain the terms 'marketing' and 'marketing concept'. Demonstrate an understanding of the historical development and progression of marketing in the business industry. Provide an explanation of the benefits and value of studying marketing.
William G. Zikmund. Barry J. Babin. 9th Edition. Part 1 ... MGT 3940 Business Research Methods: Asst. Prof Dr. Nucharee S. 1 3 ... Inductive Reasoning ... - A free PowerPoint PPT presentation (displayed as an HTML5 slide show) on PowerShow.com - id: 21efe7-ZDc1Z
1-4 Classification of Marketing Research Problem Identification Research Research undertaken to help identify problems which are not necessarily apparent on the surface and yet exist or are likely to arise in the future. Examples: market potential, market share, image, market characteristics, sales analysis, forecasting, and trends research. ...