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Exploring Marketing Research William G. Zikmund

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Exploring Marketing Research William G. Zikmund Chapter 3: The Marketing Research Process Information Reduces Uncertainty Helps focus decision making Types of ... – PowerPoint PPT presentation

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Title: Exploring Marketing Research William G. Zikmund


1
ExploringMarketing Research William G.
Zikmund
  • Chapter 3
  • The Marketing Research Process

2
Information
  • Reduces Uncertainty
  • Helps focus decision making

3
Types of Research
  • Exploratory
  • Descriptive
  • Causal

4
Uncertainty Influences the Type of Research
CAUSAL OR DESCRIPTIVE
EXPLORATORY
COMPLETELY CERTAIN
ABSOLUTE AMBIGUITY
5
Degree of Problem Definition
Exploratory Research Descriptive
Research Causal Research (Unaware of
Problem) (Aware of Problem) (Problem Clearly
Defined) Our sales are declining and What
kind of people are buying Will buyers purchase
more of we dont know why. our product? Who
buys our our products in a new package? competi
tors product? Would people be interested
Which of two advertising in our new
product idea? What features do buyers
prefer campaigns is more effective? in our
product?
possible situation
6
Exploratory Research
Secondary Data Experience Survey Pilot Studies
7
Exploratory Research
  • Initial research conducted to clarify and define
    the nature of a problem
  • Does not provide conclusive evidence
  • Subsequent research expected

8
Exploratory Research
9
Exploratory Research Techniques - Two Examples
  • Secondary Data (Historical Data)
  • Previously Collected
  • Census of Population
  • Literature Survey
  • Pilot Study
  • A number of Diverse Techniques

10
Focus Group Interview
11
Descriptive Research
  • Describes characteristics of a population or
    phenomenon
  • Some understanding of the nature of the problem

12
I keep six honest serving men, (they taught me
all I knew), their names are
what,
and why,
and when,
and how,
and where
and who.
--Rudyard Kipling
13
Descriptive Research Example
  • Weight Watchers average customer
  • Woman about 40 years old
  • Household income of about 50,000
  • At least some college education
  • Trying to juggle children and a job

14
Descriptive Research Example
  • Mens fragrance market
  • 1/3 size of womens fragrance market
  • But growing at a faster pace
  • Women buy 80 of mens fragrances

15
Causal Research
  • Conducted to identify cause-and-effect
    relationships

16
IDENTIFYING CAUSALITY
A causal relationship is impossible to prove.
Evidence of causality 1. The appropriate
causal order of events 2. Concomitant
variation--two phenomena vary
together 3. An absence of alternative plausible
explanations
17
Stages of the Research Process
Problem Discovery and Definition
Discovery and Definition
and so on
Research Design
Conclusions and Report
Sampling
Data Processing and Analysis
Data Gathering
18
Research Stages
  • Cyclical process - conclusions generate new ideas
  • Stages can overlap chronologically
  • Stages are functionally interrelated
  • Forward linkages
  • Backward linkages

19
Selection of exploratory research technique
Problem discovery
Problem Discovery and Definition
Sampling
Selection of exploratory research technique
Probability
Nonprobability
Secondary (historical) data
Experience survey
Pilot study
Case study
Collection of data (fieldwork)
Data Gathering
Data Processing and Analysis
Editing and coding data
Problem definition (statement of research
objectives)
Data processing
Selection of basic research method
Research Design
Conclusions and Report
Interpretation of findings
Experiment
Survey
Observation
Secondary Data Study
Report
Laboratory
Field
Interview
Questionnaire
20
The Marketing Research Process
21
The Research Process (cont.)
22
Research Proposal
  • A written statement of the research design that
    includes a statement explaining the purpose of
    the study
  • Detailed outline of procedures associated with a
    particular methodology

23
Problem Discovery and Definition
  • First step
  • Problem, opportunity, or monitor operations
  • Discovery before definition
  • Problem means management problem

24
Defining Problem Results in Clear Cut Research
Objectives
Symptom Detection
Exploratory Research (Optional)
25
The formulation of the problem is often more
essential than its solution
  • Albert Einstein

26
State the research questions and research
objectives
27
Hypothesis
  • A statement that can be refuted by empirical data

28
If you do not know where you are going,any road
will take you there.
29
Research Design
  • Master plan
  • Framework for action
  • Specifies methods and procedures

30
Selecting a Sample
Sample subset of a larger population.
SAMPLE
POPULATION
31
Sampling
  • Who is to be sampled?
  • How large a sample?
  • How will sample units be selected?

32
Data Gathering Stage
33
Data Processing and Analysis
34
Conclusions and Report Writing
  • Effective communication of the research findings

35
Research Program Strategy
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