the marketing research project. purposes of the project 1.give you practical experience at...

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The Marketing Research The Marketing Research Project Project

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Page 1: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

The Marketing Research The Marketing Research ProjectProject

Page 2: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Purposes of the ProjectPurposes of the Project1. Give you practical experience

at conducting a marketing research project.

2. Examine some factors that influence the decision to join fraternal organizations.

3. Specifically examine the role that in/civility plays in such decisions.

Page 3: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Benefits to be GainedBenefits to be Gained1. Practical experience2. Exposure to a

professional experience3. Satisfaction of

producing a product4. Application of skills

Page 4: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Major Project PhasesMajor Project Phases

1. Questionnaire Development

2. Primary Data Collection3. Data Input and Analysis4. Marketing Research

Report

Page 5: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Project Time Line

•9/6 Questionnaire Prep•9/7 to 10/16 Data Collection•10/17 to 10/22 Data Entry•10/23 to 11/27 Data Analysis & Report Prep

•11/2911/29 Report Due

Page 6: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

What YOUYOU Have to Do

1. Understand how questionnaire was designed

2. Understand how the data was collected

3. Analyze the data4. Write the research report

Page 7: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Outline of the Research Report

• Title Page• Table of Contents• Executive Summary• Introduction• Objectives• Research Design and Methodology

– Research Method– Sampling– Data Collection– Tabulation and Analysis Procedures– Sample Description

Continued on next slide

Page 8: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Outline of the Research Report

• Results– Description of outcomes associated with each statistical

procedure employed

– Description of outcomes associated with each hypothesis

•Conclusions•Recommendations•Limitations•Appendices

Page 9: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

The Executive Summary

•Not a summary of the entire report

•Rather, it’s a “high points” summary– Should leave your reader with a good understanding of

what was done and what was found

•Near beginning of report, but should be done last

Page 10: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Basic ES Elements•Objectives & Methodology

– General purpose of the study

– Type of research methodology employed

– Sampling (type of sample, size, & brief description of sampling methodology)

– How and where the data were collected

•Findings•Conclusions and

Recommendations

Page 11: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Introduction•Brief description of the study– Purpose

– Information gathered from secondary sources

– When, where, with whom

Page 12: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Objectives•Motivation for conducting the

study•General statement of purpose

(managerial question)•Describe specific managerial

decisions supported by the survey•List and discuss the specific

research questions•Hypotheses

Page 13: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Research Methodology•Describe type of methodology used

•Why this methodology was appropriate (relative to objectives)

•Data collection methods used

Page 14: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Research Methodology•Describe the instrument

– How it was laid out– How the constructs were measured.

Page 15: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Sampling•Sampling method chosen & why

appropriate•Specific methods used to select

sample•Difficulties encountered when

specifying/selecting sample•Brief discussion of sample size

– Sample achieved– Minimum required (includes how determined)– Explain why achieved different from required

Page 16: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Data Collection•Describe

– How– When– Where data were actually collected

•Note problems encountered in the field– Respondent cooperativeness– Non-response– Respondent difficulty in understanding the questionnaire– Other aspects that might have affected quality of the results

Page 17: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Tabulation & Analysis

•Brief summary of– Procedures used to screen questionnaires for accuracy &

completeness– Procedures used to code open-ended questions– Information about data record layout and how data entry

was performed– Description of software programs used– Description of software procedures used

Page 18: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Description of the Sample

• Meant to familiarize the reader with the characteristics of the respondents

• Thus, primarily want summary tables or graphs of key descriptive characteristics

• Use percentages, not the raw numbers• Mention 2 or 3 of the key

characteristics of the sample.• Refer your reader to the Annotated

Questionnaire (in the Appendix) for a complete analysis of the sample

Page 19: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Statistical Outcomes

•Discuss outcome of all statistical procedures

•Describe the findings for EACH hypothesis.

•Do not simply repeat the information in your data tables.

•Do not explain what the results mean – you’ll do that in the Conclusions section.

Page 20: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Conclusions & Recommendations

• We’ll discuss this later in the semester• For now, understand that these

sections, while not the most extensive, are the most important

• They tell the client what the results mean and what should be done

• Conclusions are statements of what the analyst believes the findings mean

• Recommendations suggest courses of action that should be pursued

Page 21: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Limitations

•ALLALL marketing research studies have limitations

•Highlight the key limitations of the project

•Briefly discuss the expected impact of each and/or the concern that should be given to each

Page 22: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Annotated Questionnaire

•Simple matter of extracting key figures from your computer printouts and placing them on a clean copy of the questionnaire used

Page 23: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

ExampleYour electric utility company is considering a proposal to allow you to pay your monthly bill at the customer service desk of local supermarkets. If this option were available, would you:

Definitely use the service 7.2%

Probably use the service 24.2%

Might use the service 23.4%

Probably not or definitely not use the service

38.1%

Refused to answer or Don’t Know

6 Missing values

Average value 2.81

Page 24: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Format Requirements1. Due NLT Thursday, November 29th.2. Must be typed & double-spaced.3. Use Times New Roman 12-pt. font.4. Page numbers must be included.5. Length is NOT a grading criterion.6. Must be securely bound in some type

of a binder (this does NOT mean a staple or an envelope).

7. All references must adhere to Journal of Marketing style.

8. No print-outs (originals or copies) from SPSS allowed. All tables must be the student’s original work.

Page 25: The Marketing Research Project. Purposes of the Project 1.Give you practical experience at conducting a marketing research project. 2.Examine some factors

Project Grading FormREQUIREMENT PERFORMANC

EWEIGHT PTS EARNED

Format 5 1.00 5.00

Executive Summary 5 1.00 5.00

Statistical Accuracy 5 5.00 25.00

Sampling 5 1.00 5.00

Results 5 3.00 15.00

Conclusions 5 3.00 15.00

Recommendations 5 3.00 15.00

Limitations 5 1.00 5.00

Annotated Questionnaire 5 2.00 10.00

TOTAL POINTS EARNED 100.00