Marketing Research Lecture Notes Marketing Research Lecture Notes
Marketing Research Lecture Notes Marketing Research Lecture Notes
Marketing Research Lecture Notes Marketing Research Lecture Notes
Shoppable stores…
Clearly communicate the benefits & value of brands
Provide a convenient and enjoyable shopping experience
Satisfy consumers salient & latent needs
Decision problems
Decision problem is a situation in which management has to decide
on a course of action that will help to accomplish a specific objective
competitive intelligence
customer service tactics
Quantitative research
Research that places heavy emphasis on using formalised,
standard questions and pre-determined response options in
questionnaires administered to large numbers of respondents
o Applicable for descriptive and causal designs
o Researchers trained in questionnaire design, construct
development, scale measurement, sampling and statistical
data analysis
Qualitative research
Gain preliminary insights to decision problems and opportunities
o Methods include probing, interviews, open-ended or
unstructured questions, observation, feedback
o Preliminary insights are sometimes followed up with
quantitative research to verify the qualitative findings
o Applicable for Exploratory Exploratory research designs
o When objectives focus on gaining background information,
defining terms and establishing research priorities
Hybrid interviews
o Combination of internet and phone interviewing
o Internet enables consumers to be exposed to visual and
audio stimuli
In-dept Interviewing
Advantages
Flexibility to collect data on activities and behaviour patterns,
and attitudes, motivations and feelings.
Large amount of detailed data possible
The possibility to probe the respondent further
Disadvantages
Lack of generalizability.
Lack of reliability and validity.
Inability to distinguish small differences.
Potential interviewer errors.
Costs and time
Types of interviews
Experience interviews
Protocol interviews
Articulative interviews
Projective interviews
o Word association tests
o Sentence completion tests
o Picture tests
o Thematic appreciation test (TAT)
o Cartoon or balloon tests– Role-playing activities
o Zaltman Metaphor Elicitation Technique (ZMET)
Experience interviews
Interviews that refer to informal gatherings of individuals
thought to be knowledgeable on the issues
Quickly gather information that can be used to develop future
research topics
Example: If a company like Procter & Gamble has a research
problem that deals with estimating future demands for its newly
created website, the company could begin by contacting several
website ‘experts’ and asking their opinions on the issues
Protocol interviews
Process where subject is placed in a decision- making situation
and is asked to express the process and activities undertaken to
make a decision
Provides insights and understanding of motivational or
procedural activities or both within the overall decision process
Example: Asking Dell customers to talk through the steps and
activities they went through in the PC purchase decision
Articulative interviews
Projective interviews
Indirect method of questioning that enables a subject to project
beliefs and feelings onto a third party, into the task situation or
an inanimate object.
To learn more about the respondents in situations where they
might not reveal their true thoughts in a direct questioning
process
The researcher uses the findings to look for hidden meanings and
associations
Moderators guide
• Development of a moderator’s guide
A detailed outline of the topics, questions and sub-questions that
will serve as the basis for generating the spontaneous interactive
dialogue among the group participants.
The moderator’s guide uses a structured outline format that
establishes an order for asking a series of opening, introductory,
transition, critical and ending questions
Review ‘A closer look − Business insights: Moderator’s guide’
Sampling
The information gathered from the sample (small group) will
allow for judgments to be made about the larger group (target
population).
Marketers and decision-makers base much of their decision-
making on the assumption that a sample can be representative
of the larger population.
Sampling Objectives
Making the right decisions in the selections of items (peoples,
products or services)
o Making inductive and predictive judgments or decisions
about the total target population on the basis of limited
information or in the absence of perfect knowledge
Feeling confident that the data generated by the sample can be
transformed into accurate information about the target
population
Sampling terminology
Census: a research procedure that includes every element in the
defined target population
Population: the identifiable total set of elements of interest
Defined target population: a subset of the population singled out
specifically for investigation
Sampling unit: a particular element from the defined target
population from which data and information are sought
Sampling frame
o The list of all eligible sampling units; the master list of the
defined target population, e.g. telephone books, list of
customers
Sampling frame error– An error that occurs when the sampling
frame includes
Sampling theory
Confidence interval
o The statistical range of values within which the true value
of the target population parameter is expected to lie.
The wider the confidence interval you are willing to
accept, the more certain you can be that the whole
population answers would be within that range
Confidence level
o Expressed as a percentage and represents how often the
true percentage of the population who would pick an
answer lies within the confidence interval
The 95% confidence level means you can be 95%
certain; the 99% confidence level means you can be
99% certain. Most researchers use the 95%
confidence level
Sampling error
o Refers to any type of bias or error because a sample was
used
Nonsampling error
o Refers to any type of bias or error in the survey that is not
attributable to mistakes in either drawing a sample or
determining the sample size
o Population frame error
o Response error
o Measurement error
o Errors from gathering information
Qualitative research
Gain preliminary insights to decision problems and opportunities
o Methods include probing, interviews, open-ended or
unstructured questions, observation, feedback
o Preliminary insights are sometimes followed up with
quantitative research to verify the qualitative findings
o Applicable for Exploratory Exploratory research designs
o When objectives focus on gaining background information,
defining terms and establishing research priorities
Descriptive Research
Descriptive research is used to identify the marketing problem
and/or the potential for a market. This type of research is used
to identify the characteristics of the target group or the average
user of the product or service.
o Descriptive resesearch will allow us to make specific
predictions and notice a correlation among variables.
There are 2 types of descriptive studies, and they are:
cross-sectional study and a longitudinal study.
A cross-sectional study involves a sample of the
market population at a certain point in time.
A longitudinal study involves a panel or fixed sample
of element at a certain point in time.
Casual research
Is marketing research done to test a hypothesis; the cuase and
effect of a hypothesis. For example, causal research may be used
in a business setting to quantify the effect that a change will
have on its current operations, and what it will have on future
production levels to assist in the business planning process
04/20/2020
04/20/2020