In marketing (and other sciences) we seek to:
o Describe
o Predict
o Explain behaviour of (market-parties, employees, buyers).
Break up the phenomena in variables and relations between those variables.
Conversion optimalisation
A structured and systematic approach to improving the performance of a website.
Informed by data insights & psychology.
Taking the traffic there and making most of it.
Behavioural research
Descriptive research
o Thoughts, feelings, ideas, behaviours.
1
, Correlational research: identifying relationships between different observed variables: measuring
thoughts, feelings, behaviour.
o “People save more during the economic crisis”.
o “Smoking mothers have more often problem children.”
o Measures the association between 2 variables.
Correlation of -1 (negative association) to 1 (positive association).
Problems with correlational research
Direction – correlations are bidirectional, you don’t know what is causing what.
Spurious correlations / confounds / omitted variable – there may be alternative explanations.
From description to prediction
Description: careful observation.
Correlation: relationship between observed variables.
Experimental: testing causality, A B?
Experimental research: settings
Field experimentation.
o Real life setting.
o Mundane reality: natural behaviour / setting / treatment.
o Less control.
Laboratory experimentation
o More control.
o Better able to manipulate variables.
o No natural setting.
Experimental research: Crux
Experimentation: only type of research that (potentially) can demonstrate that a change in one
variable causes a predictable change in another variable.
Most difficult: making sure that a change in Y was not caused by something else than X.
2
, Experimentation & Causation
Needs to be correlation between 2 variables.
Asymmetrical direction
A (cause) B (effect)
Change in A is accompanied by a change in B.
No alternative explanation for the change in B than the change in A (other possible causes are
controlled for).
Experimental research: essence
Test specific hypotheses about relationship between cause and effect via controlled (laboratory)
conditions.
o The effect of an IV on a DV.
o Manipulating the IV.
o Measure effects on dependent variable.
o Control other influences (high internal but low external validity).
Importance of randomization
Use all sorts of people with all sorts of characteristics.
Potential confounds are better under control.
So: change in Y can be attributed to X.
Problem identification
Sources of research ideas
o Real life experiences
o Previous research and theory
Conflicting findings.
Boundary conditions (moderator)
Find explanation for observed effects (mediator)
Applying a theory to a consumer setting.
Good research questions should both
Have real life relevance (implication for managers and consumers).
Contribute to current knowledge (theoretical contribution).
So, have a substantive and theoretical contribution.
LECTURE 2
Full empirical cycle
Identifying interesting and relevant research question.
Pinpoint conceptual variables
Identifying the proper relations between them that fit your theorizing (=hypotheses).
Develop a research design.
Develop manipulations and measures for the IV’s, DV’s, mediators and moderators.
3
, Collect data.
Analyse and interpret the results.
Write up study to submit to a journal.
Experimental research: main steps
Theoretical framework
o Problem identification.
o Hypothesis formulation.
Experimental design
o Manipulation of IVs.
o Measurement of DV.
o Control for confounds.
Data analyses
o Get familiar with your data.
o Checks
o Conduct main analyses.
o Conduct follow up analyses.
Conceptual models
All concepts measured in the experiment visualized, to show their expected relations.
What outcomes are you interested in? (DV)
Concepts you manipulated expecting systematic variance because of them. (IVs).
Thus: conceptual models show interrelations between IVs and DVs.
A moderating variable tells us when an effect will happen. A moderator becomes interesting when it
says something about the relationship between X and Y.
4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller liekegroskamp. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.64. You're not tied to anything after your purchase.