Market Research Overview

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These flashcards provide key vocabulary and definitions related to market research concepts and interviewing techniques.

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22 Terms

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Market Research

The study and analysis of market phenomena that determines companies' choices and helps analyze consumer behavior.

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Quantitative Research

Research that analyzes behaviors numerically using mathematical or statistical models.

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Qualitative Research

Research conducted in an unstructured manner, often through free discussion or open-ended questions to analyze individual attitudes.

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CATI

Computer Assisted Telephone Interviewing, where interviews are conducted via phone with responses recorded on a computer.

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Kaui

Computer Assisted Web Interviewing, allowing respondents to answer surveys online through a provided link.

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COPY

Computer Assisted Personal Interview, where interviewers go to the respondents' locations to conduct interviews using a device.

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Poppy Interview

Paper and pen interview conducted face-to-face, with responses recorded manually.

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Sociodemographic Data

Information that includes aspects such as household size, income, employment status, and other demographic factors.

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B2B Project

Business to Business study, where interviews are aimed at companies and their decision-makers.

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B2C Project

Business to Consumer study, where interviews target individual consumers to learn about their needs and behaviors.

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Sampling

The process of selecting a subset of individuals from a population to estimate characteristics of the whole population.

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Quotas

Limits set to achieve a representative sample by certain demographics such as gender or age.

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GDPR

General Data Protection Regulation, a European regulation that standardizes laws governing the use of personal data.

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Probing

Asking follow-up questions to gain more detailed information from respondents.

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Guidelines for Interviewers

Professional practices that ensure effective communication and data collection during interviews.

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Open-Ended Question

A question that allows respondents maximum flexibility in their answers.

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Closed-Ended Question

A question that provides a set of pre-defined answers for respondents to choose from.

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Assisted Response

When response options are read out loud to the respondent during an interview.

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Spontaneous Response

When the respondent answers freely, without suggestions or prompting.

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Data Collection

The process of gathering information for analysis during market research.

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Interview Introduction

The initial part of an interview aimed at convincing the respondent to participate.

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Feedback on a Product

Information gathered from consumers regarding their opinions and experiences with a product.