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MBA – MARKETING MANAGEMENT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MARKETING RESEARCH ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MKIS SYSTEM ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A Basic Marketing Information System Macro environment  Opportunities and Threats Micro environment  Strengths and Weaknesses Company  Objectives and Strategies Marketing Plans ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Implementation of marketing plans ,[object Object],[object Object],[object Object]
RESEARCHING THE MARKETS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CUSTOMERS MARKETING ENVIRONMENT MARKETS
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Marketing Research Activities INVESTIGATION EXPERIMENTATION DECISIONS CONTROL DECISIONS INVESTIGATION EXPERIMENTATION CONTROL
SCOPE OF MARKETING RESEARCH ,[object Object],[object Object],[object Object]
Sales by rep/product Effectiveness of selling techniques Elasticity factors Price bands Marginal costing Product design Benefits offered Packaging  Test marketing Media effectiveness Type of copy Channel members Location studios Logistics Sales Research Pricing Research Product Research Promotion Research Distribution Research £ Marketing environment research P.E.S.T Competitor research No. of size  strengths and weaknesses Scope of marketing research Customer profile Needs and wants Buyer behaviour Market segment  Size and trends  Brand shares  Demand factors Customer research Market research
MARKETING RESEARCH PROCESS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Define the problem and determine the research objectives. Decide on information needed, data sources, contact methods and sampling plans. Who, where, when and what time frame the data is to be collected. Data storage and retrieval using a marketing information system. Presentation to key management decision makers together with conclusions and recommendations Research brief Research plan Information needs Data sources Methodology Sampling  Collection of data Analysis and evaluation Interpreting and presenting the findings 1. 2. 3. 4. 5.
RESEARCH BRIEF ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
RESEARCH PLAN ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DATA SOURCES ,[object Object],Market Research Secondary data sources Primary data sources Secondary data  is information that already exists somewhere, having been collected for another purpose. Primary data  consists of information collected for the specific purpose at hand. Researchers usually start by gathering secondary data (see sources over). For example, a visit to the library may provide all the information that Bolswessanen needs on cereal usage, at almost no cost, whereas a study to collect primary information may take weeks or months and cost a lot. Also, secondary data can sometimes provide data which an individual company cannot collect on its own because it is not directly available or it is too expensive to collect.  However, it is most unlikely that  secondary information exists on customers reactions to Balwassannen’s new cereal. Plus what secondary data is available must be evaluated to ensure it is relevant, accurate, up to date and impartial in respect of the research project at hand.
SECONDARY DATA SOURCES Reports of individual firms Professional bodies, trade associations Trade publications Reports/research papers from institutes/universities etc Other sources Secondary data Internal External *Sales reports  *Distribution costs and prices/inventory records  *Production schedules /quality reports  *Finance/revenues/ profits  *Advertising expenditures etc Commercial  Nielsen, BRMB etc  Indexes Guides Directories etc Industry sources Government sources Government information Census Reports
PRIMARY DATA COLLECTION TECHNIQUES ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],Depth Interview Focus Groups Projective Techniques Observation Survey Experiment Diaries Product Tests Qualitative Quantitative Primary Research Techniques
QUALITATIVE TECHNIQUES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
QUANTITATIVE TECHNIQUES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Research techniques Methods Sampling plan Research Instruments Observation Mail  Sampling unit Questionnaire Survey Telephone Sample size Mechanical/ Experiment Personal Procedure Electronic Internet/Text
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
STRENGTHS AND WEAKNESSES OF THE CONTACT METHODS ,[object Object],[object Object],Mail Telephone Personal Internet Flexibility Poor Good  Excellent Fair Quantity of data collected Good Fair Excellent Good Control of interviewer bias Excellent Fair Poor Excellent Control of Sample Fair Excellent Fair  Fair Speed of data collection Poor Excellent Good Excellent Response rate Poor  Good Good Excellent Cost Good Fair Fair Excellent Sample frame Good Excellent Fair Poor
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sample Sampling unit  Who to be sampled? Sample size  How many to sample? Sampling procedure How the sample is to be selected?
RESEARCH INSTRUMENTS ,[object Object],Research Instruments Questionnaire Mechanical/Electronic devices
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Implementing the research plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
OTHER ASPECTS OF RESEARCH ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],Total Population 100% Potential Market A.   Total Market Potential Market 100% Available Market Qualified Available market Served market Penetrated Market 40% 20% 10% 5% B.   Potential Market 10%
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Mba – marketing management

  • 1.
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  • 8. Key Marketing Research Activities INVESTIGATION EXPERIMENTATION DECISIONS CONTROL DECISIONS INVESTIGATION EXPERIMENTATION CONTROL
  • 9.
  • 10. Sales by rep/product Effectiveness of selling techniques Elasticity factors Price bands Marginal costing Product design Benefits offered Packaging Test marketing Media effectiveness Type of copy Channel members Location studios Logistics Sales Research Pricing Research Product Research Promotion Research Distribution Research £ Marketing environment research P.E.S.T Competitor research No. of size strengths and weaknesses Scope of marketing research Customer profile Needs and wants Buyer behaviour Market segment Size and trends Brand shares Demand factors Customer research Market research
  • 11.
  • 12. Define the problem and determine the research objectives. Decide on information needed, data sources, contact methods and sampling plans. Who, where, when and what time frame the data is to be collected. Data storage and retrieval using a marketing information system. Presentation to key management decision makers together with conclusions and recommendations Research brief Research plan Information needs Data sources Methodology Sampling Collection of data Analysis and evaluation Interpreting and presenting the findings 1. 2. 3. 4. 5.
  • 13.
  • 14.
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  • 17. SECONDARY DATA SOURCES Reports of individual firms Professional bodies, trade associations Trade publications Reports/research papers from institutes/universities etc Other sources Secondary data Internal External *Sales reports *Distribution costs and prices/inventory records *Production schedules /quality reports *Finance/revenues/ profits *Advertising expenditures etc Commercial Nielsen, BRMB etc Indexes Guides Directories etc Industry sources Government sources Government information Census Reports
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