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Marketing research is the systematic design, collection, analysis, and reporting of data and findings relevant to a specific marketing situation facing the company.
Syndicatedservice
Custom
Specialtyline
Collect information
Analyze information Present findings
Make decision
Research Approaches
Observation
Ethnographic
Focus Group Survey
Behavioral Data
Experimentation
Research Instruments
Questionnaires Qualitative Measures Technological Devices
Avoid negatives Avoid hypothetical Avoid words that could be misheard Use response bands(age) Use mutually exclusive categories( overlap) Allow for other in fixed response questions
No one
Spouse Spouse and children Children only Business associates/friends/relatives An organized tour group
Modern...Old-fashioned
Probably buy
Not sure
Travel ________________________
Make up a story that reflects what you think is happening in this picture.
Qualitative Measures
Word Association
Projective Techniques
Visualization
Brand Personification
Laddering
Technological Devices
Galvanometers Tachistoscope Eye cameras Audiometers GPS
Sampling Plan
Sampling unit: Who is to be surveyed? Sample size: How many people should be surveyed? Sampling procedure: How should the respondents be chosen?
Types of Samples
Probability Samples Simple random Stratified random Cluster Nonprobability Samples Convenience Judgment Quota
Contact Methods
Mail Questionnaire Telephone Interview Personal Interview Online Interview
A marketing decision support system is a coordinated collection of data, systems, tools, and techniques with supporting hardware and software by which an organization gathers and interprets relevant information from business and environment and turns it into a basis for marketing action.