100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Samenvatting Marketing Research Malholtra EBB085A05 $8.03   Add to cart

Summary

Samenvatting Marketing Research Malholtra EBB085A05

 24 views  0 purchase
  • Course
  • Institution
  • Book

Samenvatting Marketing Research Malholtra EBB085A05 Malhotra, Naresh K., Marketing Research – An Applied Orientation, 7th global edition, Pearson, 2019. ISBN 978-1292265636. Lilien, Gary L., Rangaswamy, A., and De Bruyn, A., Principles of Marketing Engineering and Analytics, 3rd edition, Deci...

[Show more]

Preview 3 out of 21  pages

  • Yes
  • January 10, 2024
  • 21
  • 2023/2024
  • Summary
avatar-seller
Marketing Research
Chapter 2
Steps of marketing research
1) Define market research problem (should be in interaction with Decision Maker)
a. Problem audit: framework for interacting with decision-maker, identifying the
under
b. 7 c’s for interaction between decision-maker and researcher
i. Communication
ii. Cooperation
iii. Confidence
iv. Candor (not be any hidden agendas_
v. Closeness
vi. Contuinity (no sporadic contact)
vii. Creativity
c. Experience surveys/key-informant techniques.
d. Lead-user suvery: with lead users of the technology
e. Secondary data analysis: data collected from some purpose other than the
problem at hand. Primary data = orginated by the researcher specifically to
address the research problem
f. Qualitative research: unstructured, exploratory research. (also pilot surveys
and case studies). Helps understand the environmental context of the problem.
- Past information and forecasts
- Resources (money + skills) and constraints (cost + time)
- Objectives = goals. 1) organizational objectives and 2) personal objectives of the
decision-maker.
a. But mostly the decision-maker does not address the right goals to the
researcher, therefore the researcher must extract these objectives.
- Buyer behavior
- Legal environment = regulatory policies and norms within organizations must
operate (taxes)
- Economic environment = income, savings, credit
- Marketing and technological skills = this affects the nature and scope of the
marketing research project.
g. Management decision problem: asks what the decision maker needs to do,
action-oriented
h. Marketing research problem: problem that entails determining what
information is needed and how it can be obtained in the most feasible way.
Information -oriented. G  H linked by a conceptual map




- Common errors: 1) too broadly 2) too narrowly
- Reduce this by: start with the broad statement  specific components.


2) Developing an approach to the problem

, a. Objective/theoretical framework:
i. Theory: conceptual scheme based on foundational statements that are
assumed to be true
b. Analytical model: explicit specification of a set of variables and their
interrelationships
i. Verbal model
ii. Graphical model
iii. Mathematical model
3) Research question
4) Hypothesis
5) Specification of information needed

Important as a researcher to isolate and examine the impact of self-reference criterion:
unconscious reference to one’s own cultural values.
1) Define the MRP in terms of domestic environmental and cultural factors
2) Define the MRP in terms of the foreign environmental and cultural factors.
3) Isolate the self-reference criterion (SRC) influence on the problem and examine it
carefully. Examine the differences between steps 1 and 2.
4) Redefine the problem without the SRC influence and address it for the foreign market
situation.

Ethical issues can be resolved by adhering to the seven Cs

Chapter 3




Descriptive research is conducted to describe
characteristics, estimate percentage of units,
determine the degree to which marketing
variables are associated.
 Assumes the researcher already has
a lot of knowledge about the topic (for
example first an exploratory research).
Then this gives a clear specification.


Cross-sectional design: collection of
information from any given sample of population elements only once.
- Single: one sample of respondents

, - Multiple
a. Cohort: series of surveys conducted at appropriate time intervals

Longitudinal design: fixed sample of population elements that is measured repeatedly.
Sample remains the same over time. This differs from a cross-sectional because this measures
over a longer period of time, and a cross-sectional on one point.
- Panel: sample of respondents who have agreed to provide information at specified
intervals over an extended period.
- Disadvantages: 1) refusal to cooperate 2) mortality (Drop-outs) 3) payment
- Response bias: new members often biased in their initial responses.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 saarvdboog1. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.03. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$8.03
  • (0)
  Add to cart