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Marketing Research and Information Systems

Marketing Research and Information Systems. Marketing Research. ‘the systematic gathering, recording and analysing of data about problems relating to the marketing of goods and services’ American Marketing Association. Marketing Research. Early warning signal

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Marketing Research and Information Systems

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  1. Marketing Research and Information Systems

  2. Marketing Research ‘the systematic gathering, recording and analysing of data about problems relating to the marketing of goods and services’ American Marketing Association

  3. Marketing Research Early warning signal existing MIS may not show trend if outside target segment. Source of detailed information on specific problems Forecast the future …….what happens if we do this?

  4. The Marketing Research Process Set objectives Define research Problem Assess the value of the research Construct a research proposal Specify data collection method Specify techniques of measurement Select the sample Data collection Analysis of results Present in a final report

  5. Terminology of Marketing Research • Primary data - collected firsthand • Secondary data - already exists, desk research • Quantitative research - statistical basis • Qualitative research - subjective and personal • sampling - studying part of a ‘population’ to learn about the whole

  6. Marketing ResearchProcess Problem Identification Symptoms versus Problems Marketing Concept Secondary Data Analysis Fast, Flexible, and Cheap Does the data exist somewhere?

  7. Marketing Research Techniques • Interviews • face-to-face • telephone • postal questionnaire • Attitude measurement • cognitive component (know/believe about an act/object) • affective component (feel about an act/object) • conative component (behave towards an object or act)

  8. Likert scale • strongly agree • agree • neither agree nor disagree • disagree • strongly disagree • Semantic differential scales-differences between words e.g. practical v impractical • Projective techniques • sentence completion • psychodrama (yourself as a product) • friendly martian (what someone else might do)

  9. Group discussion and focus group • Postal research questionnaires • Diary panels - sources of continuous data • In-home scanning - hand-held light pen to scan barcodes • Telephone research • Observation • home audit • direct observation • In-store testing

  10. Research Design Data Collection mail telephone personal interview observation email ……..advantages and disadvantages

  11. Questionnaire Design Wording Cultural Bias Sequencing of Questions Question Structure

  12. Sampling Nonprobability Probability Sample Size Determination

  13. Validity and Reliability Did you measure what you intended to measure? Can you do it again?

  14. Data Analysis What does the data mean? How can it be used? How can it be communicated to management? How does it solve the management problem?

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