Seminar 12 Revision
Seminar 12 Revision
Marketing Research
Revision and Exam Information
Outline
1) Exam Structure
2) Exam Review
1-9
Market Research Methods
• Secondary Data Collection (e.g’s: web
search, books, newspapers, business reports, journal
articles)
• Primary Data Collection
• Qualitative data collection (e.g.’s: in-
depth interviews, focus groups, ethnography,
netnography, detailed observation)
• Quantitative data collection (e.g.’s:
surveys, experiments, observation counts, test
markets)
10
Lecture 2 Industry Performance
and Contemporary Issues:
Industry Revenues and Profits
• ESOMAR (formerly known as The European Society for Opinion and Market Research)
estimates worldwide revenues for the marketing
research industry at $31.2 billion.
• Revenues vary around the world.
https://www.esomar.org/
2-11
Industry Performance:
Qualitative Evaluation
• Questions about what constitutes marketing research
• New methods to collect and analyze consumer
information (primarily from social media) and
challenges traditional marketing research information-
gathering techniques
2-12
Industry Performance:
Qualitative Evaluation
• Mistreatment of respondents
• Too many requests for research, overly long surveys,
and breaches of promised anonymity have led to a
decrease in the number of respondents willing to
take part in research.
• Marketing research is too focused on techniques
• Clients may steer clear of companies that promote
their standardized technique, preferring to work with
firms over a longer time to develop an understanding
of their business.
2-13
Industry Performance:
Qualitative Evaluation
• Marketing research viewed as a commodity
• Too many executives view marketing research as
providing a commodity to be outsourced to
“research brokers,” who are hired to conduct a
component of the research process when they
should be involved in the entire process.
2-14
Industry Initiatives
Best practices
Maintaining public credibility of research
Monitoring industry trends
Improving ethical conduct
Fair dealings with respondents
Fair dealings with clients and subcontractors
Maintaining research integrity
Concern for society
Certification of qualified research professionals
Continuing education
2-15
Lecture 3 The Marketing
Research Process
Caveats to a Step-by-Step
Process
• Not always presented as an 11-step process.
• Not all studies use all 11 steps.
• You may be able to solve the problem with
secondary data (a visit to the library or Google™).
• Few studies follow the steps in order.
Step 1: Establish the Need for
Marketing Research
• Is there a real need for marketing research?
• We often have the information
• Is it a market research problem?
• Research takes time and costs money.
• Value of information versus cost of information?
• Funds are not available for marketing research.
• The timing is wrong to conduct marketing research.
Research Problem: What color should the new raspberry Coke can be?
Alternative 1: It could be purple
Alternative 2: It could be blue
Step 3: Establish Objectives
• Research objectives, when achieved, provide the
information necessary to solve the problem
identified in step 2.
• Research objectives state what the researchers
must do. The objectives determine the research
design.
Objective 1: To determine whether different colors of berry Coke cans will lead
to higher awareness.
Objective 2: To determine whether different colors of berry Coke cans will lead
to a more positive attitude.
Objective 3: To determine whether consumers will buy more cans of berry Coke
depending upon the color
Step 4: Determine Research
Design
• Descriptive research: a set of methods and
procedures describing marketing variables e.g.
Consumers like the color red best.
• Diagnostic research: designed to determine sources
of satisfaction and dissatisfaction e.g. The reason why
consumers are not buying the cola is that they don’t
like the flavor.
• Prescriptive research: provides information that
allows the manager to best remedy the dissatisfaction
e.g. If the flavor was less sweet, consumers would buy
more.
Step 4: Determine Research
Design
• Exploratory research: collecting information in an
unstructured and informal manner e.g. casual
phone calls to obtain general information about the
topic
• Descriptive research: research that describes the
phenomena of interest e.g. surveys to determine
how much people on average spend on drinks each
day.
• Causal studies: attempt to uncover what factor or
factors cause some event e.g. experiment to
discover how a drink label affects consumption
Step 5: Identify Information
Types and Sources
• Secondary information: information already collected
• Primary information: information collected
specifically for the problem at hand
• Qualitative
• Quantitative
Qualitative
Research:
Focus
Group
Step 6: Determine Methods of
Accessing Data
• Secondary data is relatively easy to access; primary data is
more complex.
• The most popular form of accessing data is online surveys.
Traditional modes of data collection, such as telephone, mail,
and face-to-face intercepts, still have a place in marketing
research.
Step 7: Design Data
Collection Forms
The questionnaire must be worded objectively, clearly, and
without bias in order to communicate with respondents.
If we observe respondents, the form is called an observation
form.
Software programs are available to assist marketing
researchers in preparing forms.
http://www.qualtrics.com/
Step 8: Determine Sample
Plan and Size
• First define the population
• Then determine the sample of the population.
• The sample plan describes how each sample element, or unit, is
to be drawn from the total population. Gives you
representativeness!
• Sample size refers to determining how many elements of the
population should be included in the sample. Higher sample
gives you accuracy
Step 9: Collect Data
E.g. Research Problem? Why do international students not want to stay in student
accommodation. After months of focus groups and surveys, no reason is found.
Then it is learned that the university has very few international students.
The Market Research Proposal
• The marketing research proposal serves as the basis
of a contract as it documents what the marketing
researcher proposes to deliver to the client for some
consideration, typically a fee.
• Components include the following:
• Statement of the problem
• The research objectives
• The research method
• Statement of deliverables
• Costs
• Timetable
Lecture 4 Research Design
4-32
Why Is Research Design Important?
• Good research design is the “first rule of good
research.”
• Knowledge of the needed research design allows
advance planning so that the project may be
conducted in less time and typically at a cost savings
due to efficiencies gained in preplanning.
4-33
Research Design: A Caution
• In many cases, research is an iterative process.
• By conducting one research project, we learn that we may need
additional research, which may result in using multiple research designs.
• E.g.
Step 1: Exploratory research
Step 2: Problem Definition and Hypotheses
Step 3: Design In-Depth Interviews
Step 4: Conduct Interviews
Step 5: Analyze Data
Step 6: New problem definition is formed as new problem found
Step 7: Design next type of research……
4-34
Uses of Exploratory Research
4-35
Descriptive Research
4-36
Causal Research
Causality may be thought of as
understanding a phenomenon in
terms of conditional statements of the
form “If x, then y.”
Causal relationships are often
determined by the use of
experiments.
4-37
Lecture 5 Secondary Research
Primary Versus Secondary Data
• Primary data: information that is
developed or gathered by the researcher
specifically for the research project at
hand
• Secondary data (also called “Desk
research” in industry): information that
has previously been gathered by
someone other than the researcher
and/or for some other purpose than the
research project at hand
Classification of Secondary Data
Play
Observation Techniques
Play
Focus Groups
• Focus groups are small groups of people brought
together and guided by a moderator through an
unstructured, spontaneous discussion for the purpose
of gaining information relevant to the research
problem.
Other Qualitative Techniques
In-depth interview (IDI) is a set of probing questions
posed one-on-one to a subject by a trained
interviewer so as to gain an idea of what the subject
thinks about something or why he or she behaves a
certain way.
Laddering attempts to discover how product
attributes are associated with consumer values.
Play
Lecture 7 Surveys
• Standardization
• Ease of administration
• Ability to tap the “unseen”
• Suitability to tabulation and statistical analysis
• Sensitivity to subgroup differences
Disadvantages of Surveys
• Respondents not providing accurate or honest answers
• Surveys with close-ended questions if not created
accurately, may have validity problems
• Doesn’t explain why a respondent chose an answer (not
deep information like qualitative)
• Data errors due to question non-responses
• Different interpretation of degree of answer, e.g.
“somewhat agree” may be seen differently
• Measurement reliability if not created carefully
• Non-flexible design (cannot change once respondents
start completing the survey)
Four Alternative
Data Collection Modes
Person administered: an interviewer reads questions, either
face-to-face or over the telephone, to the respondent and
records his or her answers.
Computer administered: the interviewer basically verbalizes
the questions while relying to some degree on computer
technology to facilitate the interview work.
• Self-administered: the respondent completes the survey on
his or her own.
• Mixed mode: a combination of two or more methods
Choice of Survey Method
• Likert scale
• Lifestyle inventory
• Semantic differential scale
• Stapel scale
Reliability and Validity of
Measurement
• Reliability: respondent responds in the same or a
similar manner to an identical or nearly identical
measure.
• Validity: accuracy of the measurement
Designing A Questionnaire
Convenience sampling
Lecture 9 Data Collection
Dealing with Field Work
• There are two main types of errors in
survey research:
• Sampling error
• Nonsampling error
• Nonsampling error includes all errors in
a survey except those due to the
sampling plan or sample size.
Data Collection
• Descriptive analysis
• Inferential analysis
• Differences analysis
• Associative analysis
• Predictive analysis
Descriptive Analysis
• Used by marketing researchers to describe the
sample dataset in such a way as to portray the
“typical” respondent and to reveal the general
pattern of responses
Inference Analysis
Used when marketing researchers use statistical
procedures to generalize the results of the sample to
the target population it represents
Difference Analysis
• Used to determine the degree to which real and
generalizable differences exist in the population to
help the manager make an enlightened decision on
which advertising theme to use
Discussion
Sample questions