mis&marketing research

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  • 8/14/2019 MIS&Marketing Research

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    ObjectivesObjectives

    Understand MIS and its main functions

    Define Marketing Research and outline

    its process Explain Sampling Plan and identify

    types of Sampling Methods

    Discuss Measurement Issues Design Data Collection Forms

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    Marketing Information Systems

    (MISs)

    The Definition (P68)

    The main functions

    Assessing the information needs

    Developing information

    Distributing information

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    Marketing Information Systems

    (MISs)

    Three major sources to obtain needed

    information

    Internal DataInternal databases

    Marketing IntelligencePublicly available

    information Marketing Research

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    Marketing Research

    The Definition (P68)

    The Importance of Marketing Research

    (P71)

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    Marketing Research Process

    (P71-83)

    Determine the Problem or Opportunity

    Assess the Data NeedsAssess the Data Needs

    Select the Research DesignSelect the Research Design

    Determine the Sampling PlanDetermine the Sampling Plan

    Determine Measurement IssuesDetermine Measurement Issues

    Design the Data Collection FormsDesign the Data Collection Forms

    Prepare the DataPrepare the Data

    Analyse the DataAnalyse the Data

    Present the FindingsPresent the Findings

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    Determine the Problem and

    Research Objectives

    Careful problem definition would have avoided

    the cost and delay of doing advertising research

    Three types of objectives: Exploratory Research Descriptive Research

    Causal Research

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    Assess the Data Needs

    Translating the research objectives into specific

    information needs

    For example, Starbucks decided to conduct

    research on how consumers would react to the

    introduction of its VIA Ready Brew.

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    The research might need the following information:

    The demographic, economic, and lifestyle

    characteristics of current Starbucks consumers; Consumer-usage patterns for Starbucks

    products: where they drink and when;

    Forecasts of sales of both new and current

    packages.

    Assess the Data Needs

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    Select the Research Design

    Two types of data

    Primary DataOriginated by the

    researcher for the specific purpose ofaddressing the research problem

    Secondary DataCollected for some

    purpose other than the problem at hand

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    Select the Research Design

    Qualitative Research ( )An

    unstructured, exploratory research based on small

    samples that provides insights and understanding

    of the problem setting

    Quantitative research ( )A research

    seeking to quantify the data and typically, appliessome form of statistical analysis

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    Recommend a finalcourse of actionDevelop an initialunderstandin

    Outcome

    StatisticalNon-statisticalDataanalysis

    StructuredUnstructuredData

    collection

    Large number of

    representative cases

    Small number of non-

    representative cases

    Sample

    To quantify the data

    and generalize theresults from the

    sample to the

    population of interest

    To gain a qualitative

    understanding of theunderlying reasons and

    motivations

    Objective

    Quantitative

    Research

    Qualitative Research

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    Qualitative Research Approaches

    Direct Approaches

    Focus groups

    Depth interviews

    Indirect Approaches

    Projective techniques

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    Quantitative Research Approaches

    QuestionnaireMechanical

    instruments

    Sampling unitSample size

    Sampling

    procedure

    MailTelephone

    Personal

    Online

    Fieldwork

    ObservationSurvey

    Experiment

    ResearchResearch

    InstrumentsInstrumentsSamplingSampling

    PlanPlanContactContact

    MethodsMethodsResearchResearch

    ApproachesApproaches

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    Group discussion

    Diary panels - sources of continuous data

    In-home scanning - hand-held light pen to

    scan barcodes

    In-store testing

    Other Research Approaches

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    Determine the Sampling Plan

    Three factors determining the sampling

    plan:

    Sampling Unit Sample Size

    Sampling Procedure

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    Determine the Measurement

    Issues

    Design and use of questions and scales

    to gather the needed data associated

    with issues of research interest

    Research Approaches

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    Design the Data Collection Forms

    Questionnaires Design (P79-80)

    Using simple, direct, unbiased wording

    Arranging questions in a logic order

    Avoiding leading questions and double-

    barrelled questions

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    For example,

    Do you think it is right to deprive your child ofthe opportunity to grow into a mature person

    through the experience of summer camping?

    Have you suffered from headaches or sickness

    lately?

    Design the Data Collection Forms

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    Types of questions: Open-ended question

    Closed-ended question

    Scaled-response question

    Likert scalestrongly agree

    agreeneither agree nor disagree

    disagree

    strongly disagree

    Design the Data Collection Forms