Title: Research Process (with a focus on Problem Formulation)
1Research Process (with a focus on Problem
Formulation)
2Review from last week
- Marketing research is the marketers link to
understanding the consumer and the external
environment - The main purpose of marketing research is to
inform decisions - Is a source of a competitive advantage for many
successful firms - Every research project is different
- It often takes many research projects over many
years to really understand a phenomenon
3Ongoing PharmFirm Case Study
- Will be used as an example for many of the
concepts we discuss - Large-scale, multi-study research project for a
major pharma company in the Philadelphia area - Key research questions focused on fair balance
of a online medical resource targeted at
physicians - Proactive research in anticipation of pushback
from FDA
4Formulate Problem
Stages in the Research Process (Researchers Pers
pective)
Determine Research Design
Design Data Collection Method and Forms
Design Sample and Collect Data
Analyze and Interpret the Data
Prepare the Research Report
5Research Process Problem Formulation
- Perhaps the most important step in the research
process - A well-defined study begins with a clearly
defined objective - The formulation of a problem is often more
essential than its solution - Albert Einstein - The problem is rarely clear-cut
- Slight variations in research questions can lead
to substantial changes in the research process
(so be careful) - Drives decisions related to research design,
measurement, sampling, etc.
6Problem Formulation
- Differentiate between a decision problem and a
research problem - Try to get beyond an info request
7Research Process Problem Formulation
8Research Process Problem Formulation
- PharmFirm
- Longest stage in the process
- 4 months
- Talked with LOTS of people
- Over-arching problem
- Need evidence that a medical information website
is fairly balanced - Unclear what fair balance means in an computer
mediated environment - Anticipated issues from FDA
9Research Process Problem Formulation
- PharmFirm
- Overarching Research Objective
- provide an empirical test of perceived benefit
and risk information (i.e., fair balance)
presented on the medical information website
10Research Process Problem Formulation
- PharmFirm
- More specific study objectives
- Phase I Develop a metric for the construct of
fair balance - Phase II Test the perceived fair balance of the
website - Different versions
- Versus print marketing materials
- Phase III Test the perceived fair balance of the
website versus other websites
11Research Process Problem Formulation
- PharmFirm
- 4 separate studies, each with its own very
specific objectives - Expected Decisions
- Positive results move forward confidently
- Negative or mixed results adapt website
12Research Process Determine Research Design
- Dictated by the problem or research question
- Exploratory Research
- Descriptive Research
- Causal Research
13Research Process Determine Research Design
14Research Process Determine Research Design
- PharmFirm research questions call for.
- Some pretesting to develop and refine the metric
- Experiments
- To test versions of the website with different
presentations of risk information - To test the website versus print marketing
materials (a context where fair balance is
well-defined) - To test the website versus other existing online
resources that are deemed fairly balanced
15Research Process Design Data Collection Forms
- Secondary research
- None necessary
- Survey Research
- Lots of ways to collect data
- Measurement
- Constructs / Variables
16Research Process Design Data Collection Forms
17Research Process Design Data Collection Forms
- PharmFirm data collection required.
- Scale development and testing
- Define construct
- Develop valid and reliable measures
- Stimuli development
- Website mock-ups
- Measurement instrument (i.e., survey)
- Manipulation checks
- Dependent variables
- Individual difference variables
- Demographic/categorical information
18Research Process Design Sample and Collect Data
- Determine your target market
- Determine necessary sample size
- Dictated by study design
- Sampling Methodology
- Logistics
- Cost
- Ethics
19Research Process Design Sample and Collect Data
20Research Process Design Sample and Collect Data
- PharmFirm sample call for.
- 1000 physicians from three specialty groups
- Outsource!!
- Data collected online
- Sample is too geographically dispersed and time
sensitive to collect data in person - Qualtrics research software
21Research Process Analyze and Interpret the Data
- Edit / clean / code the data
- Analyze
- Interpret
22Research Process Analyze and Interpret the Data
23Research Process Analyze and Interpret the Data
- PharmFirm analysis calls for.
- Factor analysis to develop metric
- Dictated by study design
- Multivariate Analysis of Covariance (MANCOVA) to
analyze experimental data - Dictated by study design
24Research Process Prepare Research Report
- Know your audience
- Sell your findings
25Research Process Prepare Research Report
26Research Process Prepare Research Report
- PharmFirm report out calls for.
- Four separate presentations to the client
- Final comprehensive report outlining purpose,
research questions, design, sample, results, etc. - Compilation of data in easy-to-use format
- Measurement definitions
- Coding schemes
27TEAM ASSIGNMENT 1
- Discuss some issues that you deal with at your
workplace that can be answered with primary
research - Discuss the issue broadly (i.e., provide some
context) - Develop several clear, concise research questions
- Develop hypotheses (and null hypotheses)
- Discuss the decisions that would be made
depending on the different outcomes of the
research
28Hints.
- Try to acutely identify the problem at hand (and
avoid nice to know questions) - What information is necessary in order to make a
decision? - Determine what course(s) of action will result
from your findings - If we find A, what will you do?
- What about if we find B?
- Make all alternative courses of action explicit
- Refer to Beal (Chapter 2)