Marketing Research Developing a research Questionnaire What is marketing research? The systematic gathering, recording, and analyzing of information about problems related to marketing goods and services. Primary uses of marketing research Obtain information about potential customer: Preferences Opinions Habits Trends Plans 4 Areas of Marketing Research: Market Research Product Research Focuses on the customer and the market Focuses on the product itself Advertising Research Focuses on the advertising message and the media placement Sales Research Focuses on sales data Limitations of Marketing Research Cost $$ Time Customer commitment / Validity of data The time lag between research and the application The Marketing Research Process 5 Steps of Research 1. Define the problem 2. Obtain data 3. Analyze the data 4. Recommend a solution 5. Apply the results 3 methods to collecting Primary data Survey Method Observation Method Experimental Method The Marketing Research Process 1. Define the problem What are the issues, or what problem needs to be addressed? Why is store traffic down? What information do I need? What are you shopping for today? ________________________ Have you ever shopped in XYZ store before? Y N Are you satisfied with the selection? N On a scale from 1-10 how satisfied are you with the prices? Y 1 2 3 4 5 6 7 8 9 10 On a scale from 1-10 how helpful do you find the sales associates? 1 2 3 4 5 6 7 8 9 10 Are the dressing rooms adequate? What other clothing stores do you frequent? ______________ ______________ Y N Writing Problem Statement: Store sales are down 20% and customers traffic is down 30% over the same time period last year. Developing A Questionnaire Two types of Questions Open ended questions: Forced-choice questions: Open ended questions: Ask respondents to construct their own responses to a question 1. What are you shopping for today? ________________________ 2. What other clothing stores do you frequent? ______________, 1. _____________ If there is one thing we could change to make your shopping experience better, what would it be? ________________________________________________ Forced-choice questions Ask respondents to choose answers from possibilities given on the questionnaire Can be: Two-choice questions Multiple choice questions Rating questions Two- Choice Questions Please answer Yes or No to the following questions: 1. Did the associates make you feel welcome? Yes No 2. Are you satisfied with the selection? Yes No 3. Was the service prompt? Yes No Multiple Choice Questions 1. Please choose which of the following is most important to you when deciding where you shop for clothes: A. Changing Rooms B. Customer Service C. Price D. Selection E. Store Location Rating Questions 1.Please rate the following: Prices: Excellent Good Fair Poor Selection: Excellent Good Fair Poor Cust. Service: Excellent Good Fair Poor Rating Questions On a scale from 1-10 how satisfied are you with the prices? 1 2 3 4 5 6 7 8 9 10 On a scale from 1-10 how satisfied are you with the merchandise selection? 1 2 3 4 5 6 7 8 9 10 Questionnaire Format Use different types of questions Write clear directions for each section Well written and easy to read Number all questions If questionnaire requires more than one page place a message at the bottom of each page asking respondents to move to the next page Activity Writing a Survey