Types: Exploratory, Descriptive, Causal
Important for gathering insights and data for business.
Framework for study used as a guide in collecting and analyzing data.
A "Good" research design ensures:
Relevant and useful information for management.
Collection of necessary information consistently.
Effectiveness and efficiency of marketing research project.
Step 1: Exploratory research—Discover ideas and insights.
Step 2: Descriptive research—Describes a population regarding important variables, occurrence frequency, and variable covariation.
Step 3: Causal research—Establishes cause-and-effect relationships between variables.
Descriptive: Analyzing reasons for Arizona's appeal as a residence.
Causal: Investigating the impact of 15% increase in license fees on registrations.
Exploratory: Identifying educational opportunities for Arizonans.
Conclusive Research encompasses:
Exploratory Research
Descriptive Research
Causal Research.
Goals:
Better understanding of situations.
Define research problems.
Formulate hypotheses.
Not intended for providing final answers.
Useful when recognizing problems but lacking understanding of causes.
Methods include:
Literature searches
Depth interviews
Focus groups
Case studies
Findings guide more formal and conclusive research but are tentative.
Decision Problem: "How can we improve students’ satisfaction?"
Research Problem: "Examine important factors determining student satisfaction."
Literature Search: Review of diverse sources.
Case Analyses: Intensive examinations of selected phenomena.
Focus Groups: Discussions within small groups.
Depth Interviews: Direct interviews for deeper insights.
Defined as unstructured interviews among a small group led by a trained moderator.
Key considerations:
Group size, composition, setting, and recording.
Group Composition: Homogeneous respondents for representativeness.
Physical Setting: Informal atmosphere for comfort.
Moderator Role:
Build rapport.
Maintain discussion flow.
Gain insights.
Definition: Personal interviews directed at uncovering deep motivations.
Advantage: Can reveal issues not shared in group settings.
Focus Groups:
Strengths: Encourages group synergy and innovative idea generation.
Depth Interviews:
Strengths: Deep diving into individual beliefs and sensitive topics.
Consider bias in moderation and interpretation.
Definition: Conclusive research aimed at summarizing market characteristics/functions.
Objectives:
Describe group characteristics, determine variable relationships, and predict behaviors.
Examples of what to describe:
Demographics, purchasing behavior, product preferences.
Structured data collection using large representative samples.
Quantitative Analysis:
Strength: Clarity and specificity.
Limitation: Complexity in description cannot always be captured accurately.
Cross-sectional measures at a single point versus multiple measures over time.
Continuous Panel: Fixed respondents measured repeatedly.
Discontinuous Panel: Varying variables for fixed respondents over time.
Cross-sectional: One-time measurement sampling from population.
Example from Sun Devils Panel with 100 students tracking brand purchases across months.
Analyzed loyalty, market shares, and competition.
Data on favorite sports stars since 1995 demonstrating popularity trends.
Emphasized differences among research types.
Key characteristics of Exploratory research and its techniques.
Differences between cross-sectional and longitudinal studies in Descriptive research.