Marketing Management
Marketing Management
Marketing Management
ASSIGNMENT -1
OF SUBJECT
MARKETING MANAGEMENT
ON TOPIC
Submitted To:
Roll NO-410682
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SECTION-B
Depending on the role, marketing careers can require specific industry knowledge
such as consumer behavior, sales, market research, competitor analysis, and
creative among others. Experience is important in this field but some employers
might not hire people without degrees.
Table 1: Average salaries (per month)of Himachal Pradesh and India region forvarious
marketing jobs
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25,000
20,000
15,000
10,000
5,000
0
Social media Marketing Digital marketing Marketing manager Marketing
manager executive manager communication
The foremost decision that every firm has to undertake isto find out the problem
for which the research is to be conducted.
The problem must be defined adequately because if it is too vague, then it may
result in the wastage of scarce resources and if it is too narrow, then the exact
conclusion cannot be drawn.
In order to define the problem appropriately, each firm must have a clear answer
to the questions viz.
What is to be researched (content and the scope)?
And Why the research is to be done (decisions that are to be made)?
2. Develop the Research Plan:
This step involves gathering the information relevant to the research objective. It
includes:
Data Sources: The researcher can collect the data pertaining to the research
problem from either the primary source or the secondary source or both the
sources of information.
Sampling plan: Once the research approach is decided, the researcher has to
design a sampling plan and have to decide on the following:
The sampling Unit i.e. whom, shall we survey?
The sample size, i.e., How many units in the population shall be surveyed?
The sampling procedure, i.e. How the respondents shall be chosen?
Contact Methods: The researcher has to choose the medium through which the
respondents can be contacted. The respondents can be reached via emails,
telephone, in person or online.
3. Collect the Information:
This is one of the most expensive methods of marketing research. At this stage,
the researcher has to adopt the methods to collect the information, he may find it
difficult to gather the correct information because of the respondent’s biasedness,
unwillingness to give answers or not at home.
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