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Marketing Research Chapter 2
Malhotra: Basic Marketing Research
27
Marketing
Undergraduate 3
09/27/2010

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Term
problem defintion
Definition
a broad statement of the general problem and identification of the specific components of the marketing research problem
Term
client
Definition
individiual or organization commissioning the research
Term
marketing research process
Definition

1. problem definition

2. developing an approach to the problem

3. research design and formulation

4. field work

5. data preparation and analysis

6. report generation and presentation

Term
Tasks Involved in Problem definition/Problem Definition Process
Definition

1. discussions with decision makers

2. interviews with industry experts

3. secondary data analysis

4. qualitative research

Term
The truly serious mistakes are made not as a result of wrong answers...
Definition
but of asking the wrong questions
Term
Defining the problem is so important because
Definition
all of the effort, time and money spent from this point on will be wasted if not defined properly
Term
Discussion with Decision Makers (7)
Definition

it is essential that the researcher understand the nature of the decision faced by the firms managers

1. history of the problem--analysis of the events that have led to the decision to act

 2. alternative course of action available to DM--this may be incomplete at this time, secondary research may be needed

3. criteria used to evaluate the alternatives

4. potential actions that arelikely to be suggested--research findings will lead to this

5. information needed to answer DM's questions

6. how will information be used in decision making-- key decision makers will devise a strategy based on their findings

7. corporate culture and decision making--decision making process may be important and in others the personality of the decision maker is more important, it all depends. You have to determine who the influential people are

Term
problem definition process
Definition
the process of defining the management-decision problem and the marketing research problem
Term
problem audit
Definition
a comprehensive examination of a marketing problem to understand its origin and nature; this is where you have the discussion with the decision maker
Term
The seven Cs of interaction
Definition

1. communication

2. cooperation

3. confidence

4. candor

5. closeness

6. continuity

7. creativity

Term
Interviews with Industry Experts (3, but 2 are the same thing)
Definition

1. experience surveys-- interviews with people knowledgeable about the general topic being investigated

2. key-informant technique--same as above

3. lead-user survey--survey that involve obtaining information from the lead users of the technology

 

*experts provide valuable insights in modifying or repositioning existing products*

Term
Internet
Definition
this can also be used to find experts: forums, discussions, newgroups
Term
Conducting interviews with industry experts
Definition

1. prepared list of topics is helpful

2. do not have a set order to the questions because you don't want to lead the discussion in a particular direction

3. "Expert" interviews are more commonly found in industrial research rather than consumer research applications

Term
Secondary data analysis
Definition
data collected for some purpose other than the problem at hand sicj as data available from trade organizations, cenus, and the internet
Term
primary data
Definition
orginated by the researcher for the specific prblem under study such as survey data
Term
qualitative research (exploratory in nature)
Definition
an unstructured, exploratory research methodlogy based on small samples intended to provide insight and understanding of the problem setting; used when secondary data, interviews with experts, and discussions with decision makers is not sufficient
Term
ways to conduct qualitative research
Definition

1. focus groups

2. in-depth interviews (one on one)

3. pilot surveys--less structured than large scale surveys (more open ended questions) and the sample size is much smaller 

4. case studies--involve an intensive examination of a few selected cases of the phenomenon of interest; examples: consumers, stores, firms, or variety of other units

Term
Environmental Context of the Problem (6)
Definition

factors that have an impact on the definition of the marketing research problem including:

 

1. past information and forecasts--trends that correspond to sales, market share, profitability, technology, population, demographics, and lifestyle--these are combined  to provide a fuller picture of underlying research problem

2. resource constraints and objectives--must take into account the resources available and objectives--goals of the organization and DM that must be considered

3. Buyer behavior--tries to understand and predict consumers' reactions based on an individual's specific characteristics

4. legal and economic environments--

legal-public policies, laws, pressure goups, and gov't ag

economic-composed of purchasing power, gross income, disposable incrome, discretionary income, prices, savings

5. marketing and technological environments

Term
marketing research problem
Definition

1. asks what information is needed and how it can be obtained

2. is information oriented

3. looks at the underlying causes

Term
management decision problem
Definition

1. asks what the decision maker needs to do

2. action oriented

3. focuses on the symptoms

 

 

we have to know the MDP in order to do the MRP

Term
conceptual map
Definition
a way to link the broad statement of the marketing research problem with the management decision problem e.g. Management wants to (take an action. Therefore we should study (topic). So that we can explain (question).
Term
Definition of the marketing research problem should...
Definition

1. allow reseracher to obtain all the information needed to address the MDP

2. gude the researcher in proceding with the project

Term
Common Errors in defining the Marketing Research Problem
Definition

1. If it's too broad:

a) does not provide guidelines for subsequent steps

b) e.g. improving the company's image

 

2. if it's too narrow:

a) might miss some important components of the problem

b) e.g.changing prices in response to a competitor's price change

Term
Marketing research problem is made up of...
Definition

1. broad statement--provides an appropriate perspective on the problem

2. specific component--focus on the key aspects and provide clear guidelines on how to proceed further; these are the 4 p's

Term
Approach to the Problem
Definition
This is the second step to the marketing research process; functions as a bridge between problem definition and research design; supporting role
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