The marketing research process
Step 1: Define the problem, the decision alternatives, and the research objectives
- Marketing managers must be careful not to define the problem too broadly or too narrowly for the marketing research.
- Management needs to set specific research objectives.
- Types of research
- Explanatory: its goal is to shed light on the real nature of the problem and to suggest possible solutions or new ideas.
- Descriptive: it seeks to quantify demand.
- Causal: its purpose is to test a cause-and-effect relationship
Step 2: develop the research plan
- Develop the most efficient plan for gathering the needed information and what that will cost.
Data sources
- The researcher can gather data from various sources.
- Secondary data: collected for another purpose and already exist somewhere.
- Primary data: freshly gathered for a specific purpose.
- Research is usually started through secondary data to see whether they can wholly or partly solve the problem without collecting costly data.
Research approaches
- Primary data is collected in five main ways.
- Observational research: gather fresh data by observing the relevant actors and settings unobrusively as they shop.
- Ethnographic research: uses tools from anthropology to provide deep cultural understanding of how people live.
- Focus group research: a gathering of 6 to 10 people carefully selected and brought together to discuss various topics of interest.
- Participants are normally paid a small sum for attending.
- A moderator provides questions and probes the discussion.
- Survey research: companies undertake surveys to assess people's knowledge, beliefs, preferences and satisfaction.
- Behavioral research: Customers leave traces of their purchasing behavior in store scanning data.
- Actual purchases reflect customers' preferences and often are more reliable than statements they offer to market researchers.
- Experimental research: Designed to capture cause and effect relationships by eliminating competing explanations of the observed findings.
- It is the most scientifically valid.
Research instruments
- Questionnaires: a set of questions presented to responders.
- Close-end questions specify all the possible answers and provide answers that are easier to interpret and tabulate.
- Open-end questions allow respondents to answer in their own words and often reveal more about how people think
- Qualitative measures: relatively unstructured measurement approaches that permit a range of possible responses
- Because of the freedom, it can often be a useful first step in exploring consumers' perceptions.
- Some other qualitative measures are:
- Word associations: ask subjects what words come to mind when they hear the brand's name.
- Projective techniques: give people an incomplete stimulus and ask them to complete it.
- Visualization: requires people to create a collage to depict their perceptions.
- Brand personification: ask subjects what kind of person they think of when the brand is mentioned.
- Laddering: a series of increasingly more specific "why" questions can reveal consumer motivation and more deeper goals.
- Technological devices:
- Galvanometers: measure emotions aroused by a specific picture
- Tachistoscope: flashes an ad to a participant, who is then asked to describe the image
- Skin sensors, brain wave scanners, full body scanners
Sampling plan
- Three decisions need to be made:
- Sampling unit: Whom should we survey?
- Sample size: How many people should we survey?
- Sampling procedure: How should we choose the respondents?
- Mail contacts: mail questionnaire is one way to reach people who would not give personal interviews.
- Telephone contacts: telephone interviewing is a good method for gathering information quickly and clarify questions.
- Personal contacts: it's the most versatile method, but also the most expensive. Other qualitative information can be recorded, such as body language.
- Arranged interviews: marketers contact respondents for an appointment.
- Intercept interviews: researchers stop people at a shopping mall or busy street.
- Online contacts: the Internet offers many ways to do research.
- Advantages
- Inexpensive
- Fast
- People tend to be honest and thoughtful
- Versatile
- Disadvantage
- Samples can be small and skewed
- Online communities can suffer from excessive turnover
- Technological problems and inconsistencies
- The data collection phase is generally the most expensive and most prone to error.
- One of the biggest obstacles is the need to achieve consistency.
- Extract findings by tabulating the data and developing summary measures.
- Compute averages and measures of dispersion and apply statistical techniques and decision models.
Step 5: present the findings
- The researcher presents findings relevant to the major marketing decisions facing management.
- Research findings should be presented in an understandable and compelling way.
Step 6: make the decision
- The findings support the final decision.
- Marketing decision support system: a coordinated colection of data, systems, tools, and techniques, by which an organization gathers and interprets relevant information from business and environment and turns it into a basis for marketing action.
Overcoming barriers
- Some companies fail to use marketing research correctly.
- They may provide the wrong problem.
- They may have unrealistic expectations.