Professional Documents
Culture Documents
Rockclimbing
Rockclimbing
Contents
Management Decision Problem Question.............................................................................................2
Rationale for Management Decision Problem...................................................................................2
Marketing Research Question (MRQ)....................................................................................................3
Rationale for Marketing Research Question......................................................................................3
Research Objectives..........................................................................................................................4
Research Methodology..........................................................................................................................4
Selected Quantitative Method..........................................................................................................6
Questionnaire Survey Application.................................................................................................6
Sampling and Data Collection for Survey.......................................................................................7
Selected Qualitative Method.................................................................................................................8
Focus Group Application....................................................................................................................8
Sample of Data Collection Tool..............................................................................................................9
Customer Feedback Collection Survey...............................................................................................9
Our Ethics statement.........................................................................................................................9
Research Limitations...........................................................................................................................10
Part B...................................................................................................................................................12
Independent Samples Test..................................................................................................................12
ANOVA.................................................................................................................................................12
Correlation Matrix...............................................................................................................................13
Management Decision Problem Question
William Gordon has a difficult management choice challenge with the competition he faces
from a new player known as The Natural High in the rock-climbing facility located in his
region of operations known as "The Queensland." Because of this, the question that has to
be asked about the issue may be phrased as follows: "What should be done in terms of the
service packages supplied by Gecko Rock Climbing Centre to guarantee that they do not lose
them lose their desire for expansion (Twomey & Neuhoff, 2010). The Gecko Rock Climbing
Centre, which is run by William Gordon, a former athlete, has already reaped the
advantages of its presence in the market for three years, namely in terms of the fact that
there is no other competition in the same location. There was no substantial requirement
for customer retention techniques prior to the establishment of "The Natural High," which
seeks to start a business with competitive goods and services to provide in the future six
months for the people of Queensland. However, since there is competition in the market, it
is necessary to understand the procedures that need to be made to both attract and keep
customers.
Gecko Rock Climbing Centre has to have a more in-depth understanding of its customers
and the shifting tendencies of the industry in order to compete effectively against new
entrants in the market. In order to estimate the projected level of client retention and to
ascertain the modifications that will be made to the present settings and services, it is
necessary to do marketing research on the existing market. The Gecko Rock Climbing Centre
offers a very specific range of services, but their current yearly membership fee is much
more than what is offered at The Natural High, making them less of a competitive option.
The conversation with a marketing expert, who was not a member of the team but one of
the consumers, revealed that Extreme Exposure had never gathered feedback and
evaluations from their current clientele. According to Lopez et al. (2011), a company may
existing services, expanding target markets, and by providing pricing that is competitive with
those of other businesses. In light of all of this knowledge, the management decision issue
reasonable to assume that it is necessary to carry out an analysis of the level of satisfaction
the newly developing trends in the industry as well as the expectations of the consumers.
As a result, the marketing question for this study is concerned with the current
developments in the climbing industry as well as the reactions of both current and future
MRQ - What is the present level of customer happiness, and what criteria are most
relevant in determining the decision-making behaviours these customers will exhibit in the
future?
consumers is to provide value to the services that they are already receiving. Due to the fact
that they dominate the industry, Gecko Rock Climbing Centre's already established clientele
were not considered when marketing and commercial choices were made. It is essential for
maintaining current clients and developing new ones to ensure that they are happy with the
services that are being provided (Hawkins, Best and Coney, 2010). According to Hawkins,
Best, and Coney (2010), pleased clients stick with a brand even in difficult economic
situations, even if this requires them to periodically compromise on the product's quality.
When formulating plans to compete, a business that has loyal clients has an advantage that
may be successfully used. Establishing relationships that are more engaging and interactive
with clients is necessary for a company to achieve a position of trust with its clientele
(Jaakkola & Alexander, 2014). The goal of the market research that is being conducted is to
get consumer input, to assess the services and products that are anticipated or needed, and
customers. The findings of the study are going to be a source of help for Gecko Rock
Climbing Centre as they make decisions on competitive tactics. Since the research topic is
only focused on the consumers, the answers are going to have a direct impact on how
customer relations are managed as well as how decisions are made about the competition.
Research Objectives
In light of the research questions that were presented earlier and the information that was
provided in the case study, the following research goals have been determined:
To determine the degree to which customers are happy with the Gecko Rock
Climbing Centre in terms of both the prices and the services they get.
Research Methodology
The objective of the research questions that have been formulated for the purpose of
analysing the market situation at Gecko Rock Climbing Centre is to investigate the
behaviours of customers and the typical reactions they have in response to the impending
market condition. According to Zikmund et al. (2013), an individual's behaviours and the
linkages between their experiences and the behaviours that are the direct outcome of those
quantitative research are used in order to determine the precise importance of the
correlations and to get unique outcomes for hypotheses (Chen & Chen, 2010).
When the goals and anticipated essential results of this study are taken into consideration, it
is possible to arrive at the conclusion that this research has to be carried out using both the
required since there is a pressing requirement to measure the precise replies of customers
about the amount of pleasure they experience in consideration of the projected value
additions supplied by "The Natural High." On the other hand, doing a qualitative study of
consumer sentiment is necessary in order to carry out customer behaviour research, which
investigates customer patterns of behaviour. Therefore, the goals of this market research
can only be fulfilled to a satisfactory level via the use of a combinational research study.
Iteratively completing the procedure is the strategy that has been recommended for this
particular market. First, the parameters are to be set, then questionnaires are to be made
and printed, then client answers are to be gathered within a certain amount of time, and
last, the accumulated data is to be statistically analysed, following which facts and figures
are to be generated. After that, these facts and ideas are put to use in the process of
developing the discussion topics for the focus group. Finally, the company will have client
feedback as well as the thoughts and recommendations of industry professionals for use in
making future decisions, thanks to the surveys and the focus group discussion, respectively.
Selected Quantitative Method
A precise and reliable measurement of the characteristics of interest is guaranteed by the
quantitative research approach (Bryman & Bell, 2015). The findings provide a tangible
description of the parameters that were examined, and they may be reproduced. According
measurements.
It is advised that a systematic survey be conducted at the Gecko Rock Climbing Centre using
questions that are printed out. Structured surveys guarantee that respondents will not
submit responses that are beyond the subject of the inquiry (Fowler, 2013). Another
important feature of questionnaire surveys is the flexibility they provide with regard to the
passage of time; for example, the questionnaire may be given to the customers, and they
can bring their replies on their subsequent visit. In terms of their time and space
commitments, respondents are not subject to any pressure or duties when they fill out
printed surveys. This makes it easier and more encouraging for the responders, which
results in replies that are often more correct, as opposed to merely being random selections
No particular hypotheses have been developed for the purpose of this study; nevertheless,
the questions that will be asked will be designed to determine the level of customer
satisfaction with regard to the services that are provided as well as the prices that are
business is much lower than that of the Gecko Rock Climbing Centre. The customer
satisfaction survey will include both open-ended and closed-ended questions, and it will ask
respondents which aspects of a climbing centre are most important to them when making
decisions, as well as what they would do if another facility offered comparable services at
lower pricing.
In order to get the highest number of replies possible, surveys are often accompanied by
some kind of incentive; this encourages the respondents to participate and reply
Data collected from clients will be analysed statistically in order to extract useful
information. The results of statistical analysis may give important insights into the
dependencies, relationships, and variances in the data (Sekaran & Bougie, 2016). These
inferences may be used for future planning and decision-making, as well as a foundation for
more investigation (Fowler, 2013). The findings of the survey conducted by Gecko Rock
Climbing Centre will be employed for the purpose of providing mentorship points to focus
groups.
estimating the population mean in any study. One of the advantages of random sampling is
that it allows researchers to get a clear picture of the attitudes and behaviours (in other
words reactions) of a certain group. A study by Dura and Nita (2009) indicated that random
sampling was an effective tool for studying the behaviour of big populations. In order to
random sampling is the best way to accomplish the study goals. The findings from random
sampling will be more comprehensive and valuable for translating into new packages since it
will give insights into the consumer behaviour of all the key segments of the target market.
responses of the people being studied than quantitative research does. As a result,
qualitative approaches are more narrowly concentrated and dependent on the participants
in terms of the results and the flow of activities. This respondent-dependent advancement
makes it possible for qualitative methodologies to bring forth the most accurate human
replies (Sekaran and Bougie (2016) and Chen and Chen (2010)). This study needs to know
exactly how consumers feel about The Natural High's newest, improved, and lower-priced
A focus group research is recommended for analysing consumer behaviour and views of a
new business launching in the area. A focus group study is a facilitated brainstorming
session in which the participants are supervised and encouraged to express their ideas. The
members of this group are specialists in their field and have been carefully chosen to reflect
When it comes to the structure of the replies and the order in which they are discussed,
there is no restriction. It is the mentor's job to start the conversation, cover all of the
supplied subjects, decide on the content constraints, and govern the size of the discussion.
In order to achieve a whole picture, the group members might come from various
backgrounds.
Focus Group Application
To achieve the goal of "assessing future consumer behaviours and expectations from
Gecko Rock Climbing Centre," this study will use focus groups. The emphasis of the talk will
be on consumer behaviour after the arrival of a competitor into the market. The Gecko Rock
Climbing Centre's customers' needs and expectations will be examined as well. Currently
available services are rudimentary and have seen no advancement in the previous
three years.
The most critical aspects of marketing to be re-examined are services and costs.
Concentrate group discussions will focus on two main topics: consumer behaviour
assessment and how to transform the present marketing mix and build a long-term
competitive advantage.
expressing their satisfaction with Gecko Rock Climbing Centre’s service levels. The following
are some example questions from the questionnaire that will be used:
we can better serve you, we'd appreciate your feedback on our services by having you take
kept private and confidential. Additionally, you have complete discretion over whether or
not to answer any of the survey's questions. You will have access to the results of the survey
if you request it, and your answers will only be used to enhance our services.
Please score on a scale of 1-5, where 1 = “Not satisfied” and 5 = “Very Satisfied”
1 2 3 4 5
1 2 3 4 5
3. How do you feel about our ability to spread the word about new deals and packages?
1 2 3 4 5
4. How satisfied are you with the response time for your inquiries?
1 2 3 4 5
5. How satisfied are you with the quality of the responses that were provided to your
1 2 3 4 5
1 2 3 4 5
7. In terms of cost-effectiveness, how happy are you with the packages we have to offer?
1 2 3 4 5
Research Limitations
As a cross-sectional study, the data acquired from this research is limited to the present
status of the clients and their satisfaction level. A long-term study might have helped to
better understand how consumers' perceptions of the patterns altered over time. In
addition, this study will be done only through electronic means of communication. There are
many persons who may not know how to do an online survey that might be left out of the
sample, resulting in inaccurate findings. To address these constraints, more research and
ANOVA
Item Item Year Sig figure
number
Bryman, A., & Bell, E. (2015). Business research methods. Oxford University Press, USA.
Chen, C. F., & Chen, F. S. (2010). Experience quality, perceived value, satisfaction and
Dura, C., & Niță, D. (2009). Using random sampling method in agro-marketing research.
Hawkins, D. I., Best, R. J., & Coney, K. A. (2010). Consumer behaviour. Implications for
marketing strategy, 5.
Jaakkola, E., & Alexander, M. (2014). The role of customer engagement behaviour in value
co-creation: a service system perspective. Journal of Service Research, 17(3), 247- 261.
Lone, H. A., Tailor, R., & Verma, M. R. (2017). Efficient separate class of estimators of
López Salazar, A., Contreras Soto, R., & Espinosa Mosqueda, R. (2011). The impact of
Sekaran, U., & Bougie, R. (2016). Research methods for business: A skill building approach.
Twomey, P., & Neuhoff, K. (2010). Wind power and market power in competitive markets.
Williams, P., & Naumann, E. (2011). Customer satisfaction and business performance: a firm
Cengage Learning.