Chapter
10
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Marketing Research
LO 10-1 Identify the five steps in the marketing research process.
LO 10-2 Describe the various secondary data sources.
LO 10-3 Describe the various primary data collection techniques.
LO 10-4 Summarize the differences between secondary data and primary data.
LO 10-5 Examine the circumstances in which collecting information on consumers is ethical.
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Disney
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3
Marketing Research
Collecting Recording Analyzing Interpreting
Decision
Making
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The Marketing Research Process
Defining the objectives and research needs
Analyzing data and developing insights
Designing the research
Developing and implementing an action plan
Collecting the data
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Step 1: Defining Objectives and Research Needs
What information is needed to answer specific research questions?
How should that information be obtained?
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Step 2: Designing the Research
Type of data
Type of research
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Step 3: Collecting the Data
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Step 4: Analyzing Data and Developing Insights
Converting data into information to explain, predict, and/or evaluate a particular situation.
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Step 5: Developing and
Implementing an Action Plan
Executive Summary
Body
Conclusions
Digital Vision/Getty Images
Limitations
Supplements including tables, figures, appendices
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10
check yourself
1. What are the steps in the marketing research process?
2. What is the difference between data and information?
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External Secondary Data
Syndicated Data
Name
Nielsen
(http://www.nielsen.com)
IRI
(http://www.iriworldwide.com)
JD. Power and Associates
(http://www.jdpower.com)
Mediamark Research Inc.
(http://www.mediamark.com)
National Purchase Diary Panel
(http://www.npd.com)
NOP World
(http://www.nopworld.com)
Research and Markets
(http://www.researchandmarkets.com)
Roper Center for Public Opinion Research
(http://www.ropercenter.uconn.edu)
Simmons Market Research Bureau
(http://www.smrb.com)
Yankelovich
(http://www.yankelovich.com)
Services Provided
With its Market Measurement Services, the company tracks the sales of consumer packaged goods, gathered at the point of sale in retail stores of all types and sizes.
InfoScan store tracking provides detailed information about sales, share, distribution, pricing, and promotion across a wide variety of retail channels and accounts.
Widely known for its automotive ratings, it produces quality and customer satisfaction research for a variety of industries.
Supplies multimedia audience research pertaining to media and marketing planning for advertised brands.
Based on detailed records consumers keep about their purchases (i.e., a diary), it provides information about product movement and consumer behavior in a variety of industries.
The mKids US research study tracks mobile telephone ownership and usage, brand affinities, and entertainment habits of American youth between 12 and 19 years of age.
Promotes itself as a one-stop shop for market research and data from most leading publishers, consultants, and analysts.
The General Social Survey is one of the nation’s longest running surveys of social, cultural, and political indicators.
Reports on the products American consumers buy, the brands they prefer, and their lifestyles, attitudes, and media preferences.
The MONITOR tracks consumer attitudes, values, and lifestyles shaping the American marketplace.
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External Secondary Data
Scanner Research
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IRI 13
External Secondary Data
Panel Research
Group of consumers
Survey or sales receipts
©BananaStock/PunchStock
What are they buying or not buying?
Flying Colours Ltd/Getty Images
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Internal Secondary Data
Data Warehouse
Data Mining
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15
check yourself
1. What is the difference between internal and external secondary research?
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Qualitative versus Quantitative
Data Collection Techniques
Qualitative research
Observation
In-Depth interviews
Focus groups Social media
Data collection research
Quantitative research
Experiments Survey
Scanner Panel
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Data Collection
Qualitative Research
Observation Social Media
In-depth interview
Focus group
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check yourself
1. What are the types of qualitative research?
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Survey Research
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Web Surveying
Response rates are relatively high
Respondents may lie less
It is inexpensive
Results are processed and received quickly
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Using Web Surveying
How do firms successfully use web surveying?
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Experimental Research
AP Photo/Mary Altaffer
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Advantages and Disadvantages of
Secondary and Primary Data
Type
Secondary
Research
Primary
Research
Examples
Census data
Sales invoices
Internet information
Books
Journal articles
Syndicated data
Observed consumer behavior
Focus group interviews
Surveys
Experiments
Advantages
Saves time in collecting data because they are readily available
Free or inexpensive
(except for syndicated data)
Specific to the immediate
data needs and topic at hand
Offers behavioral insights generally not available from secondary research
Disadvantages
May not be precisely relevant to information needs
Information may not be timely
Sources may not be original, and therefore usefulness is an issue
Methodologies for collecting data may not be appropriate
Data sources may be biased
Costly = Time consuming
Requires more sophisticated training and experience to design study and collect data
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24
check yourself
1. What are the types of quantitative research?
2. What are the advantages and disadvantages of primary and secondary research?
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The Ethics of
Using Customer Information
Strong ethical orientation
Adhere to ethical practices
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26
check yourself
1. Under what circumstances is it ethical to use consumer information in marketing research?
2. What challenges do technological advances pose for the ethics of marketing research?
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