Examples of possible projects 1. Movie trailors 2. Warning labels 3. Celebrity effects 4. Athletic attendance 5. Perceptions of wine 6. “Social Marketing” issues 7. Internet shopping versus purchasing 7/17/2016 Marketing Research 1 >JOB DESCRIPTION: MARKETING SCIENTIST/QUNATITATIVE ANALYST We are looking for an analyst who has a passion for marketing science or largescale survey research, or advertising testing and research, and understanding of consumers. In this position, the analyst will be responsible for conducting analyses designed to measure and track the effectiveness of stand-alone and cross-channel marketing campaigns. The position requires significant expertise in experimental design techniques and large data structures analysis. The analyst will need to develop familiarity with our data and the MIS processes that generate them. The analyst will also need to understand the implications of the analyses for our business goals. Some of the requirements for the position are: • Being pro-active and creative in managing projects; • Being attentive to details and the accuracy of analyses; • Being effective in interpreting analysis results and translating them into actionable business recommendations; • Experience in working with marketing managers and financial analysts; • Being a good communicator and a team player. Statistical package programming skills (e.g., SPSS, Stata, SYSTAT) are absolutely required. Experience performing Statistical Analysis on large data sets. 7/17/2016 Marketing Research 2 REQUIRED SKILLS: Background in marketing science, ad testing, and/or social science. Graduate training in quantitative social science methods and design of experiments, M)ANOVA and GLM, Survey Data, Multivariate Statistics. Strong motivation to learn & enjoy working in team. PREFERRED SKILLS: Experience in financial services marketing and/or in measuring advertising effectiveness would be a plus.. Experimental design methods including different design types such as fractional factorials and methods of statistical power calculation, modern regression methods would be pluses. 7/17/2016 Marketing Research 3 SECONDARY RESEARCH • There is a considerable amount of data already available. • These were collected by other people for other purposes. • But they can still be very useful, or even critical, when used alone or in combination with data that you collect. 7/17/2016 Marketing Research 4 Benefits • 1. Usually cheap or free • 2. No effort to collect • 3. Often faster way to get answers • 4. Can be more accurate • 5. Often the only way to get some data – (e.g. census) 7/17/2016 Marketing Research 5 Limitations • 1. Not exactly what you want – similar but not exact question • 2. May be old – could have been collected 3 to 5 years ago • 3. May be in a strange format – SAS, SPSS, Lotus 1-2-3, etc. 7/17/2016 Marketing Research 6 Sources of secondary data • 1. Census data – national – available on CD-ROM and on-line • 2. Reference data – government surveys (e.g., StatsCan) – public surveys (University research) – private surveys (Roper) • 3. Databases – Lexis-Nexis (Nielsen) – Standard & Poor Compustat 7/17/2016 Marketing Research 7 More sources of secondary data • 4. Trade associations – Franchise information, – manufacturer's associations • 5. Company records – Internal – Published (annual reports) • 6. Scanner (sales) data – Safeway's SSMRS 7/17/2016 Marketing Research 8 The End 7/17/2016 Marketing Research 9