Professional Documents
Culture Documents
Session 3
Previous Session: Marketing Research Process
Marketing
Management
Research
Decision
Problem
problem
Information
Action-
oriented
oriented
Utility of
secondary data analysis, expert
interviews & FGDs (Exploratory)
GIFT
MEN
U
Objective: To push gifts over
discounts
Panel TV &
Refrigerator
Mixer
Grinder
& Fan
Exploratory Research: Pilot Survey
GIFT MENU-SIZE
GIFT MENU-SIZE
COMPONENTS:
1. Define information needed
2. Design exploratory, descriptive and causal phases of research
3. Specify measurement and scaling procedures
4. Construct and pretest a questionnaire (interviewing form) or an
appropriate form for data collection
5. Specify the sampling process and sample size
6. Develop a data analysis plan
Research Design: Classification
o Objective: Provides o Objective: Tests specific
preliminary insights and hypothesis
understanding + Develop
hypothesis + Isolate key o Characteristics:
variables and relationship for o Clearly defined information
further examination needs
o Formal & structured
o Characteristics:
o Large & representative
o Loosely defined sample
information needs o Quantitative data analysis
o Flexible, unstructured &
versatile
o Findings: Conclusive
o Small & Cause
nonrepresentative Describes &
sample Effect o Outcome: Findings as an input
o Qualitative data to decision making
analysis
o Findings: Tentative findings
o Outcome: Followed by
further research
Research Design: Classification
Research Design
Exploratory Conclusive/Confirmatory
1. Pilot Surveys
2. Qualitative Research
Direct: FGDs & In-Depth Descriptive Causal
Interviews 1. Secondary data 1. Experiments
Indirect: Projective techniques (Quantitative)
3. Secondary data (Qualitative) 2. Surveys
3. Case Study Analysis 3. Observations
Fruitzone India Limited (A)
Real Fruit Juice:
https://www.youtube.com/watch?v=_RzWyEQq--E
https://www.youtube.com/watch?v=f3imWvPEgQo
Minute Maid:
https://www.youtube.com/watch?v=jvzrfRRsG8A
Have management decision problem and marketing
research problem been defined appropriately?
Management Marketing Research Problem
Decision Problem Is there a willingness to buy packed sugarcane juice in market? If yes, then
Should FIL 1. What is target segment for sugarcane juice?
(Tropiviva Brand) 2. What is price that customers are ready to pay for packed sugarcane juice?
launch sugarcane
juice? If yes, what 3. What are expectations from packed sugarcane juice?
should be the 4. What are taste variants that customers prefer in sugarcane juice?
marketing mix for
5. Which form would consumers prefer – can, tetra pack/bottle?
the launch?
6. How satisfied consumers are with Tropiviva brand?