Research Methods in Marketing Syllabus MKT 450 – 0 Section 63 Winter Quarter 2005 – Tuesday and Friday 10:30 AM • • • • Clinical Associate Professor Robert Schieffer E Mail is r-schieffer@kellogg.northwestern.edu Office is Jacobs Center 489 Phones: 847-491-7109 (office), 847-816-3522 (home) and 847-212-2479 (cell) • Administrative Assistant is Subarna Ranjit – (s-ranjit@kellogg.northwestern.edu) • Office hours are Tuesdays and Fridays after class, or other times as required by students Research Methods in Marketing Syllabus • Marketing Research is not about collecting and analyzing data • Marketing Research is about gaining customer insight and making winning Marketing decisions • Course objective is to engage students in a thorough understanding and appreciation of the high impact of Marketing Research on strategic, marketing and product development decisions. The course has a strong focus on the application of Marketing Research tools rather than just the execution of these tools. The course is directed at the Manager who is the user of Marketing Research, rather than the Market Researcher • A case packet is required, which includes 5 cases and 13 articles • Customer Insight is the required book for this course and is posted on the course blackboard, along with all lecture slides • The recommended text is Marketing Research Essentials, McDaniel and Gates, Fourth Edition, 2004. Students seeking an excellent reference for marketing research methods should invest in this text. This text includes SPSS statistical software that will be used in class; this software is also available to students in the computer lab. Research Methods in Marketing Syllabus • Grade calculation: A = 94 and above, B = 87– 93, C = 86 and below • All assignments are graded on a 100 point scale • Final grade composition: – 15% Individual Depth Interview Individual Assignment – 10% Astra Merck Case Team Assignment – 10% Contadina Pizza Case Team Assignment – 10% Zenith HDTV Case Team Assignment – 10% Iridium Team Assignment – 45% Marketing Research Team Project – Class Participation and attendance will serve as a borderline tie-breaker • EXPECTATIONS: Students are expected to attend all classes and to come prepared to participate in class discussion. All assigned readings, articles, lecture notes and cases should be read prior to class. Students should raise questions on this material at the start of each class, since much class time will be spent applying the material to cases and current issues. Research Methods in Marketing Syllabus • • • • • • COURSE STRUCTURE – The course is broadly structured to follow the steps of the marketing research process, and the content will parallel student’s work on their team project. The finals week will be devoted to team presentations of the findings and recommendations of their Marketing Research team project. TEAMS – Students will organize themselves into teams of 4-5 students and need to notify me of the names on their team by the end of the day of the first class. All students are expected to participate fully in the team assignments. Students will evaluate the contributions of fellow team members on the team assignments and grades will reflect these peer evaluations. NO LAP TOP USE IN CLASS – Please leave your lap top in its case during class. COMMUNICATIONS – All lecture notes and case questions will be posted on the Course Blackboard prior to each class. Students are strongly encouraged to meet with the professor after class or in his office for depth discussions. HONOR CODE – All students will abide by the Kellogg Honor Code. It is a violation of the Honor Code to discuss any course assignments with students who have taken the course previously. CASE DISCUSSION – Students should deal with the situation in the cases as presented and not seek post-case data on the firm or industry. If you have inside information, you can share it at the end of our discussion. “Valuable class participation in cases is characterized by: relevance, advancement, fact-based, logical and originality” (David Besanko) Marketing Research Project Guidelines 1) 2) 3) 4) 5) 6) 7) Student teams are responsible for identifying the sponsor for their Marketing Research project. An ideal sponsor has an important marketing decision to make, needs customer insight to decide between several decision alternatives, and is willing to provide resources for sample frame, data collection and respondent incentives. All communications and negotiations with the project sponsor will be with the student team, not with the Professor. Student teams are responsible for designing and executing all phases of the project. Teams should avoid sponsors who have the project designed and want students to execute it for them. Students who plan to collect data via the Internet can access surveyz.com from KIS While students are expected to calculate the required sample size for their project, it will sometimes be difficult to complete large numbers of interviews in the course of a 10 week quarter. Students should discuss this in their project critique. Students should not interview Northwestern faculty or administrative staff, unless this group is the target market and they get the OK of the Professor If interviews are conducted in places of business, such as stores or shopping malls, students need to obtain permission from the management of the business Marketing 450 Marketing Research Project Timing Weeks 1 & 2 Identification of Research Project Sponsor Problem Formulation: Description of Problem/Opportunity, Management Decision, and Decision Alternatives Week 3 Research Design Week 4 Secondary Research Exploratory Research Week 5 Data Collection Plan and Analysis Plan Week 6 Sample Design Questionnaire Pre-Test Week 7 Data Collection Week 8 Data Analysis Weeks 9 & 10 Preparation of Findings and Recommendations Preparation of Project Critique Presentation during Week 10 or Finals week Syllabus - MKT 450 Section 63 Winter 2005 SCHIEFFER Class Day Date Topic Readings 1 T Jan. 4 Introduction to Marketing Research Customer Insight Introduction Review Essentials Ch. 1 2 F Jan. 7 Marketing Research Process Read New Coke case “Backward Market Research” Problem Formulation Discussion Cases Guest Speaker Assignment Due NEW COKE (Questions are at the end of the case) Review Essentials Ch. 2 3 T Jan. 11 Research Designs Secondary Data 4 F Jan. 14 Sources of Standardized Data 5 T Jan. 18 Exploratory Research Customer Insight Chap. 1 Review Essentials Ch.3 Review Essentials Ch. 5 Dan Hess, ComScore Customer Insight Chap. 2 Customer Insight Chap. 3 “Does the Smell of Coffee….” “P & G Checks Out Real Life” “The ZMET Alternative” Proj. Ass. 1: Research Project Problem Formulation Prof. Meeting Syllabus - MKT 450 Section 63 Winter 2005 SCHIEFFER Class 6 7 8 9 Date F Jan. 21 Applied Exploratory Research “The Customer Visit” Review Essentials Ch. 4 T Jan. 25 Descriptive Research Review Essentials Ch. 6 Proj. Ass. 2: Research Design Prof. Meeting F Jan. 28 Attitude Measurement Sampling Methods Review Essentials Ch. 8 Review Essentials Ch. 9 Review Essentials Ch. 10 Review Essentials Ch. 11 Individual Depth Interview Due T Feb. 1 Causal Research: Experimentation “Boost Your Marketing R.O.I.” Proj. Ass. 3: Review Essentials Ch. 7 Review Essentials Ch. 12 Review Essentials Ch. 13 Secondary and Exploratory Research Summary Due Feb. 4 Market Segmentation 10 F Topic Readings Discussion Cases Day Primary Data Collection Data Analysis Overview Customer Insight Ch. 4 Guest Speaker Assignment Due Susan Lazar, The Lazar Group (Ask respondent for individual depth interview to begin collage) Syllabus - MKT 450 Section 63 Winter 2005 SCHIEFFER Class Day Date 11 T Feb. 8 Topic Market Segmentation and Targeting Readings Discussion Cases Read Astra/Merck case (See Blackboard for questions) F Feb. 11 Positioning 13 T Feb. 15 Product Optimization and Conjoint Analysis Models 14 F Feb. 18 Product Optimization Examples and Advanced Analysis Models 15 T Feb. 22 Case Discussion -- Zenith Perceptual Mapping Factor Analysis Customer Insight Ch. 5 “Perceptual Mapping” ASTRA/ MERCK Customer Insight Ch. 6 “Conjoint Analysis” Read Zenith Case Assignment Due Proj. Ass. 4: Data Collection and Analysis Plans Due Cluster Analysis 12 Guest Speaker ASTRA/MERCK Assignment Due (Questions on Blackboard) (No Assignment Due, but Sample Design and Questionnaire Pre-Test Should be Completed) ZENITH (Questions on Blackboard) Zenith Case Questions Syllabus - MKT 450 Section 63 Winter 2005 SCHIEFFER Class Day Date Topic 16 F Feb. New Product 25 Forecasting 17 T Mar. 1 Case Discussion – Contadina Pizza Ad Research Brand Equity Readings Discussion Cases Customer Insight Ch 10 “Product Development” “Information Acceleration” Customer Insight Ch. 7 Read Contadina Pizza Case 18 F Mar. 4 Pricing Research B to B Research Packaging and Name Research Customer Insight Ch. 8 “How Much are Customers willing to Pay?” “The Price is Right (or is it?)” 19 T Mar. 8 Case Discussion -- Iridium Read IRIDIUM Case 20 F Mar. 11 Customer Satisfaction and Loyalty Research Implementation of Marketing Research Customer Insight Ch. 9 Customer Insight Conclusion “Why Satisfied Customers Defect” Review Essentials Ch. 14 Guest Speaker Jason Brown, IPSOS Vantis Contadina Pizza Case (Questions on Blackboard) Assignment Due Data Collection Completed and Prof. Review Meeting Contadina Forecast (Data Analysis Completed on Team Project) (Project presentation and critique finalized) IRIDIUM (Questions at end of case) IRIDIUM CASE Questions Larry Chandler, Solution Partners