MARKETING MANAGEMENT Conducting Marketing Research and Forecasting Demand
Marketing Research Defined
Systematic design, collection, analysis, and reporting of data and findings relevant to a specific marketing situation facing a company.
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The Marketing Research Process Define the problem Develop research plan Collect information Analyze information
Make decision
Present findings 4-3
Step 1
• Define the problem • Specify decision alternatives • State research objectives
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Step 2 Develop the research Plan
Data Sources
Research Approach
Research Instruments
Sampling Plan
Contact Methods 4-5
Research Approaches Observation Observation Focus Focus Group Group Survey Survey Behavioral Behavioral Data Data Experimentation Experimentation 4-6
Focus Group in Session
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Research Instruments
Questionnaires Qualitative Measures Mechanical Devices
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Questionnaire Do’s and Don’ts • Ensure questions are free of bias • Make questions simple • Make questions specific • Avoid jargon • Avoid sophisticated words • Avoid ambiguous words
• Avoid negatives • Avoid hypotheticals • Avoid words that could be misheard • Use response bands • Use mutually exclusive categories • Allow for “other” in fixed response questions 4-9
Question Types - Dichotomous In arranging this trip, did you contact American Airlines? Yes No
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Question Types – Multiple Choice With whom are you traveling on this trip? No one Spouse Spouse and children Children only Business associates/friends/relatives An organized tour group 4-11
Question Types – Likert Scale Indicate your level of agreement with the following statement: Small airlines generally give better service than large ones. Strongly disagree Disagree Neither agree nor disagree Agree Strongly agree 4-12
Question Types – Semantic Differential American Airlines Large ………………………………...…………….Small Experienced………………….………….Inexperienced Modern………………………..………….Old-fashioned
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Question Types – Importance Scale Airline food service is _____ to me. Extremely important Very important Somewhat important Not very important Not at all important
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Question Types – Rating Scale American Airlines’ food service is _____. Excellent Very good Good Fair Poor
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Question Types – Intention to Buy Scale How likely are you to purchase tickets on American Airlines if in-flight Internet access were available? Definitely buy Probably buy Not sure Probably not buy Definitely not buy 4-16
Question Types – Completely Unstructured What is your opinion of Air India?
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Question Types – Word Association What is the first word that comes to your mind when you hear the following? Airline ________________________ India _____________________ Travel ________________________
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Question Types – Sentence Completion When I choose an airline, the most important consideration in my decision is: _________________________________________ _________________________________________ _________________________________________ _________________________________________ _________________________________________ ___________________________________.
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Question Types – Story Completion “I flew Air India a few days ago. I noticed that the exterior and interior of the plane had a very warm feeling. This aroused in me the following thoughts and feelings.” Now complete the story. _________________________________________ _________________________________________ _________________________________________ _________________________________________ _________________________________________ ___________________________________ 4-20
Question Types – Picture (Empty Balloons)
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Question Types – Thematic Apperception Test
Make up a story that reflects what you think is happening in this picture. 4-22
Qualitative Measures Shadowing Shadowing Behavior Behavior mapping mapping Consumer Consumer journey journey Camera Camera journals journals Extreme Extreme user user interviews interviews Storytelling Storytelling Unfocused Unfocused groups groups 4-23
Mechanical Devices Galvanometers Tachistoscope Eye cameras Audiometers
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Sampling Plan
• Sampling unit: Who is to be surveyed? • Sample size: How many people should be surveyed? • Sampling procedure: How should the respondents be chosen?
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Types of Samples Probability
Nonprobability
• Simple random
• Convenience
• Stratified random
• Judgment
• Cluster (Area)
• Quota
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Contact Methods Mail Questionnaire Telephone Interview Personal Interview Online Interview 4-27