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The Marketing

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Step Five: Identifying Information Types and Sources ... Lexis-Nexis: Must show industry data. Demographic Info: http://www.census.gov ... – PowerPoint PPT presentation

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Title: The Marketing


1
The Marketing Research Process Mark
Rosenbaum,Ph.D. University of Hawaii
2
The Marketing Research Process 11 Steps
  • Step One Establishing the Need for Marketing
    Research
  • Step Two Defining the Problem
  • Step Three Establishing Research Objectives
  • Step Four Determining Research Design
  • Step Five Identifying Information Types and
    Sources
  • Step Six Determining Methods of Accessing
    Data

3
The Marketing Research Process 11 Steps cont
  • Step Seven Designing Data Collection Forms
  • Step Eight Determining Sample Plan and Size
  • Step Nine Collecting Data
  • Step Ten Analyzing Data
  • Step Eleven Preparing and Presenting the Final
    Research Report

4
The Marketing Research Process Step One
Establish the Need for Marketing Research
  • When Marketing Research is not needed
  • The information is already available
  • Decisions need to be made now
  • You cant afford research
  • Costs outweigh the value of the research

5
The Marketing Research Process Step Two Define
the Problem
  • The most important step in the marketing research
    process is defining the problem.
  • What is your teams problem?

6
The Marketing Research Process Step Three
Establish Research Objectives
  • What information is needed in order to solve the
    problem?
  • Primary
  • Secondary
  • Both

7
The Marketing Research Process Step Four
Determine Research Design
  • Exploratory Research collecting information in
    an unstructured and informal manner
  • Descriptive Research refers to a set of methods
    and procedures describing marketing variables
  • Causal Research (experiments and other
    approaches) allows isolation of causes and
    effects via use of experiment or surveys.

8
The Marketing Research Process Step Five
Identify Information Types and Sources
  • Secondary Data information that has been
    collected for some other purpose other than the
    research at hand
  • Primary Data information that has been gathered
    specifically for the research objectives at hand

9
Sites that you should use
  • School or University of Hawaii Library
  • http//www.hawaii.edu/emailref/business/mktg.htmj
    ournals
  • Lexis-Nexis Must show industry data
  • Demographic Info
  • http//www.census.gov/
  • More specific http//factfinder.census.gov/servle
    t/SAFFFacts?_sseon
  • http//www.census.gov/census2000/states/hi.html

10
Other sites
  • Claritas
  • http//www.clusterbigip1.claritas.com/claritas/Def
    ault.jsp
  • You are your zip code
  • Reference USA
  • Only available at University of Hawaii at Manoa
  • The goal
  • Present facts and figures in your marketing plans.

11
The Marketing Research Process Step Six
Determine Methods of Accessing Data
  • Secondary Data accessing data through sources
    such as the Internet and library
  • Primary Data collecting data through methods
    such as telephone, mail, online, and face-to-face
    (quantitative) and observation studies and focus
    groups (qualitative)
  • Both are excellent! Use both in your projects!

12
The Marketing Research Process Step Seven Design
Data Collection Forms
  • The design of the data collection form that is
    used to ask or observe and record information in
    marketing research projects is critical to the
    success of the project. It is easy to write a
    set of questions but very difficult to construct
    a questionnaire.
  • Questionnaires
  • Observation Studies

13
The Marketing Research Process Step Eight
Determine Sample Plan and Size
  • Sample plan refers to the process used to select
    units from the population to be included in the
    sample
  • Sample size refers to determining how many
    elements of the population should be included in
    the sample

14
The Marketing Research Process Step Nine Collect
Data
  • Data collection is very important because,
    regardless of the data analysis methods used,
    data analysis cannot fix bad data. 12
  • Nonsampling errors may occur during data
    collection. These are related to poor design
    and/or execution of the data gathering.
  • Sampling errors may occur based purely on chance
  • Trying to make a decision on a population from a
    sample

15
The Marketing Research Process Step Ten Analyze
Data
  • Data analysis involves entering data into
    computer files, inspecting data for errors, and
    running tabulations and various statistical tests
  • Data cleaning process by which raw data are
    checked to verify that the data have been
    correctly input from the data collection form to
    the computer software program

16
The Marketing Research Process Step Eleven
Prepare and Present the Final Research Report
  • The last step is one of the most important phases
    of marketing research.
  • Its importance cannot be overstated because it is
    the report, or its presentation, that properly
    communicates the results to the client.

17
Interpreting the Data
  • Provide Frequencies and Descriptives for each
    variable.
  • Provide Frequencies for all
  • Provide mean standard deviation for interval
    and ratio variables

18
Crosstabulation
  • Is there a significant difference between an
    independent variable (nominal/ordinal) and the
    response to a dependent variable (nom/ord)?
  • What were asking is are the proportions the
    same?
  • The dependent variable is your variable of
    interest.

19
It looks like this.
20
Dependent Variable
Independent Variable
21
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22
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23
The results
Chi-Square Tests

24
For additional statistics
  • If you have a dependent variable that is interval
    or ratio, you must perform an analysis of
    variance.
  • Dependent variable is nominal or ordinal.
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