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October, 2020
PROCESS OF MARKETING
RESEARCH
8 steps:
Problem definition
Planning the Research
Collection of Data - sources
Collection of Data - methods
Collection of Data - forms
Samples
Data analysis
Report preparation
PROCESS OF MARKETING RESEARCH
Step 2: Planning the Research
Research Design Master plan Blueprint
Plan of methods and procedures
that is used by researchers
to collect and analyze data needed by
managers!
Sequence of activities!
Step 2: Planning the Research
If you do not know where you are going,
any road will take you there.
Step 2: Classification of Research designs
Exploratory Descriptive Causal
Conclusive research
Step 2: Classification of Research designs
Exploratory research
Objective:
 Exploring the phenomenon
1)
 Understand what’s happened!
 Identifying the problem
Researcher:
 Hasn’t enough data
 Doesn’t know what happened
 Needs data, ideas, news, opinions, trends
 Informal talks, insights, communication
Step 2: Classification of Research designs
Exploratory research
Methods:
 Informal , casual, flexible talks
1)
 Secondary data
Most used for:
 New products / services
 New markets
 Improving the product – new packaging
 New advertisements
Step 2: Classification of Research designs
Exploratory research
Example:
What the manager should do to
open a new bar?
1)
 Style –classic, jazz, pop, rock….
 Furniture, order of things
 Design, color, lights
 Menu, prices
 Parking lot, signs location
 Promotion, ads
Step 2: Classification of Research designs
Descriptive research
Objective:
 To describe the problem that happened
2)
 To describe the features of the problem
Researcher:
 Has some data/ idea
 Knows about the problem
 Investigates the possible solutions
Step 2: Classification of Research designs
Descriptive research
Methods:
2)
 Planned, structured questions
Most used for:
 To find out who, what, how,
when, how often, where
something happened!
 Formal surveys, samples, hypothesis
Step 2: Classification of Research designs
Descriptive research
Example:
How to attract more consumers
to buy jewelry?
2)
 Improved ads
 Discounts (seasonal, holidays..)
 New brand name
 Analyze the profile of loyal
customers
 Movies, consulting…
Step 2: Classification of Research designs
Objective:
3)
 Cause – effect relationship!
Researcher:
 To find out the reasons!
 To find out the relationships!
Causal research
 What’s the cause of the problem?
Step 2: Classification of Research designs
Methods:
3)
 Planned, structured questions
Most used for:
 Formal surveys, experiments
 What will happen IF…..?
Causal research
 To find why something happened!
 What is the cause-effect relation?
Step 2: Classification of Research designs
Example:
3)
 People will not buy!
 Loyal consumers will buy!
 New markets
What will happen IF the company
changes the packaging of the
product and raise the price of it?
Causal research
 New rich people will be attracted
Step 2: Classification of Research designs
Exercise:
You start-up a company for sweets and cookies. You want to do
some informal talks to locals to identify your new opportunities!
Your company wants to expand the business into a new market. You
don’t know much about that new market! Need to explore it closely!
What will happen IF you change the price of your sport cars during
the pandemic period?
Your shopping mall wants to know how often people visit the
cinema on the last floor!
Your shoe store caught fire. Want to know how and what
happened? When did the event take place? How to repair the
damage?
Exploratory, descriptive or causal research?
Step 2: Classification of Research designs
Step 2: Classification of Research designs
Exercise solutions:
You start-up a company for sweets and cookies. You want to do some
informal talks to locals to identify your new opportunities!
Your company wants to expand the business into a new market. You
don’t know much about that new market! Need to explore it closely!
What will happen IF you change the price of your sport cars during
the pandemic period?
Your shopping mall wants to know how often people visit the
cinema on the last floor!
Your shoe store caught fire. Want to know how and what
happened? When did the event take place? How to repair the
damage?
Exploratory
Exploratory
Causal
Descriptive
Descriptive
Step 2: Classification of Research designs
Homework
Write two examples of each type of
research design
– exploratory, descriptive and causal
research!

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Lecture 3 Marketing research process -Research Design

  • 1. October, 2020 PROCESS OF MARKETING RESEARCH
  • 2. 8 steps: Problem definition Planning the Research Collection of Data - sources Collection of Data - methods Collection of Data - forms Samples Data analysis Report preparation PROCESS OF MARKETING RESEARCH
  • 3. Step 2: Planning the Research Research Design Master plan Blueprint Plan of methods and procedures that is used by researchers to collect and analyze data needed by managers! Sequence of activities!
  • 4. Step 2: Planning the Research If you do not know where you are going, any road will take you there.
  • 5. Step 2: Classification of Research designs Exploratory Descriptive Causal Conclusive research
  • 6. Step 2: Classification of Research designs Exploratory research Objective:  Exploring the phenomenon 1)  Understand what’s happened!  Identifying the problem Researcher:  Hasn’t enough data  Doesn’t know what happened  Needs data, ideas, news, opinions, trends  Informal talks, insights, communication
  • 7. Step 2: Classification of Research designs Exploratory research Methods:  Informal , casual, flexible talks 1)  Secondary data Most used for:  New products / services  New markets  Improving the product – new packaging  New advertisements
  • 8. Step 2: Classification of Research designs Exploratory research Example: What the manager should do to open a new bar? 1)  Style –classic, jazz, pop, rock….  Furniture, order of things  Design, color, lights  Menu, prices  Parking lot, signs location  Promotion, ads
  • 9. Step 2: Classification of Research designs Descriptive research Objective:  To describe the problem that happened 2)  To describe the features of the problem Researcher:  Has some data/ idea  Knows about the problem  Investigates the possible solutions
  • 10. Step 2: Classification of Research designs Descriptive research Methods: 2)  Planned, structured questions Most used for:  To find out who, what, how, when, how often, where something happened!  Formal surveys, samples, hypothesis
  • 11. Step 2: Classification of Research designs Descriptive research Example: How to attract more consumers to buy jewelry? 2)  Improved ads  Discounts (seasonal, holidays..)  New brand name  Analyze the profile of loyal customers  Movies, consulting…
  • 12. Step 2: Classification of Research designs Objective: 3)  Cause – effect relationship! Researcher:  To find out the reasons!  To find out the relationships! Causal research  What’s the cause of the problem?
  • 13. Step 2: Classification of Research designs Methods: 3)  Planned, structured questions Most used for:  Formal surveys, experiments  What will happen IF…..? Causal research  To find why something happened!  What is the cause-effect relation?
  • 14. Step 2: Classification of Research designs Example: 3)  People will not buy!  Loyal consumers will buy!  New markets What will happen IF the company changes the packaging of the product and raise the price of it? Causal research  New rich people will be attracted
  • 15. Step 2: Classification of Research designs Exercise: You start-up a company for sweets and cookies. You want to do some informal talks to locals to identify your new opportunities! Your company wants to expand the business into a new market. You don’t know much about that new market! Need to explore it closely! What will happen IF you change the price of your sport cars during the pandemic period? Your shopping mall wants to know how often people visit the cinema on the last floor! Your shoe store caught fire. Want to know how and what happened? When did the event take place? How to repair the damage? Exploratory, descriptive or causal research?
  • 16. Step 2: Classification of Research designs
  • 17. Step 2: Classification of Research designs Exercise solutions: You start-up a company for sweets and cookies. You want to do some informal talks to locals to identify your new opportunities! Your company wants to expand the business into a new market. You don’t know much about that new market! Need to explore it closely! What will happen IF you change the price of your sport cars during the pandemic period? Your shopping mall wants to know how often people visit the cinema on the last floor! Your shoe store caught fire. Want to know how and what happened? When did the event take place? How to repair the damage? Exploratory Exploratory Causal Descriptive Descriptive
  • 18. Step 2: Classification of Research designs
  • 19. Homework Write two examples of each type of research design – exploratory, descriptive and causal research!