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Market Research

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Marketing Research Association's (MRA) 'Blue Book' --- www.bluebook.org (go to ' ... Perspectives about motorcycle safety among older enthusiasts ... – PowerPoint PPT presentation

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Title: Market Research


1
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2
  • Market Research

3
Why bother?
4
Why bother?
  • Reduce uncertainty

5
Why bother?
  • Reduce uncertainty
  • Narrow the range of alternatives

6
Why bother?
  • Reduce uncertainty
  • Narrow the range of alternatives
  • Substantiate results

7
Why bother?
  • Reduce uncertainty
  • Narrow the range of alternatives
  • Substantiate results
  • Lend credibility

8
Why bother?
  • Reduce uncertainty
  • Narrow the range of alternatives
  • Substantiate results
  • Lend credibility
  • Predict possible outcomes

9
Why bother?
  • Reduce uncertainty
  • Narrow the range of alternatives
  • Substantiate results
  • Lend credibility
  • Predict possible outcomes
  • Aid -- but not replace -- decision-making

10
Why bother?
  • Reduce uncertainty
  • Narrow the range of alternatives
  • Substantiate results
  • Lend credibility
  • Predict possible outcomes
  • Aid -- but not replace -- decision-making
  • Reveal insights

11
Research Work Plan
  • What do you not know, but need to know (or
    affirm/substantiate)?
  • What will you do with the findings?
  • How much time do you have?
  • How much money do you have?
  • Who do you need to listen to?

12
Categories
  • Secondary Research
  • Primary Research
  • Quantitative
  • Qualitative

13
Categories
  • Secondary Research
  • Primary Research
  • Quantitative
  • Qualitative

14
Quantitative Research
  • lies, damn lies and statistics.

15
Quantitative Research
  • lies, damn lies and statistics.
  • You better cut the pizza in four pieces because
    Im not hungry enough to eat six.

16
Quantitative Research
  • Findings expressed in statistical terms
  • Statistically-valid sample sizes
  • Ideal for establishing benchmarks and/or tracking
    results

17
Quantitative Research
  • Telephone surveys
  • Internet/email surveys
  • Mail surveys
  • Other forms of written surveys
  • Mall intercepts
  • Observations
  • Panels
  • Analysis of records

18
Quantitative Research
  • Sample sizes and error rates
  • Incidence
  • Screening
  • Questionnaire development
  • Costs
  • Resources

19
Sample sizes and error rates
QUANTITATIVE RESEARCH
20
Incidence
QUANTITATIVE RESEARCH
  • Educated guess about what percentage of a
    population consists of people who
  • Meet the profile of your sample, and
  • Willing to participate
  • Has major bearing on cost of study

21
Screening
QUANTITATIVE RESEARCH
  • Identifying the people you want to participate in
    your study
  • Typically, a preliminary list of questions (or in
    the case of observations, visual profiling)

22
Questionnaire Development
QUANTITATIVE RESEARCH
  • Numerous pitfalls
  • Test
  • Wording, terminology
  • Timing
  • Potential responses
  • Bias
  • Ease of administering
  • Ease of understanding by respondents
  • Assurance that findings are the data you seek

23
Cost Factors
QUANTITATIVE RESEARCH
  • Key variables
  • Sample size
  • Sample sources
  • Incidence
  • Length of survey/data collection
  • Tabulation and analysis requirements
  • Turn-around time
  • Incentives for participants
  • Special reporting and/or presentation
    requirements

24
Resources
QUANTITATIVE RESEARCH
  • Marketing Research Associations (MRA) Blue
    Book --- www.bluebook.org (go to advanced
    search page)
  • www.quirks.com
  • References from other trusted sources

25
Qualitative Research
  • The consumers perceptions are the marketers
    reality.

26
Qualitative Research
  • The consumers perceptions are the marketers
    reality.
  • People make emotional decisions, then make
    rationalizations to justify them.

27
Qualitative Research
  • The consumers perceptions are the marketers
    reality.
  • People make emotional decisions, then make
    rationalizations to justify them.
  • You can observe a lot by just watching.

28
Qualitative Research
  • Findings expressed in descriptive terms
  • Smaller, not-statistically-valid sample sizes
  • Ideal for exploring perceptions, opinions,
    beliefs, values, and feelings
  • Typically, discussion guide rather than
    questionnaire.

29
Qualitative Research
  • 1-on-1 interviews (in-person or via phone)
  • Small group discussions
  • Focus group discussions
  • Ethnographic observations
  • Intercept interviews/on-the-street
  • Less conventional Telephone focus groups and
    Internet-based focus groups

30
Example 1-on-1 Intercept Interview
  • Perspectives about drinking and driving among
    blue collar men

31
Example 1-on-1 Intercept Interview
32
Example 1-on-1 Intercept Interview
  • Perspectives about motorcycle safety among older
    enthusiasts

33
Example 1-on-1 Intercept Interview
34
Example Focus Group
  • Assessment of campaign themeline for new impaired
    driving campaign

35
Example Focus Group
36
Qualitative Research
  • Sample sizes
  • Incidence
  • Screening
  • Incentives
  • Discussion guides
  • Projective techniques
  • Costs
  • Resources

37
Sample Sizes
QUALITATIVE RESEARCH
  • Contingent on budget, timing, geography and
    profile of respondents
  • Redundancy

38
Incidence
QUALITATIVE RESEARCH
  • Educated guess about what percentage of a
    population consists of people who
  • Meet the profile of your sample, and
  • Willing to participate
  • Has major bearing on cost of study

39
Screening
QUALITATIVE RESEARCH
  • Identifying the people you want to participate in
    your study
  • Typically, a preliminary list of questions (or in
    the case of on-the-street intercepts or
    observations, visual profiling)

40
Incentives
QUALITATIVE RESEARCH
  • Frequently necessary
  • Cash works best
  • Amount/value depends on the willingness and
    availability of respondents, and how much time
    will be required of them

41
Discussion Guides
QUALITATIVE RESEARCH
  • Start with easy warm-up questions
  • Keep questions/topics open-ended
  • Set up time parameters and/or prioritize
    importance of topics
  • Dynamics of discussion may alter the guide be
    flexible

42
Projective Techniques
QUANTITATIVE RESEARCH
  • Respondents project inner feelings and thoughts
  • Examples
  • Write a caption for a picture
  • Role-playing
  • Point/counterpoint
  • Draw pictures/create collages
  • How would other people complete a sentence?
  • Describe somethings personality and other traits
    if it were a person
  • Analogies

43
Getting People to Open Up
QUALITATIVE RESEARCH
  • Be open-minded
  • Probe
  • Dont cast judgment
  • Maintain order
  • Treat every opinion with respect, even when
  • You dont agree
  • Its highly critical
  • Its off-base
  • Its incorrect
  • Its contradictory
  • Pauses in conversation can be good let
    respondents fill in the gaps

44
Cost Factors
QUALITATIVE RESEARCH
  • Key variables
  • Type of study
  • Sample profile
  • Sample size
  • Incidence
  • Location
  • Data collection/recording and analysis
    requirements
  • Turn-around time
  • Incentives for participants
  • Special reporting and/or presentation
    requirements
  • Special moderator/discussion leader requirements

45
Resources
QUALITATIVE RESEARCH
  • Marketing Research Associations (MRA) Blue
    Book --- www.bluebook.org (go to advanced
    search page)
  • www.quirks.com
  • References from other trusted sources

46
  • Q
  • A
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