Marketing Research Process
Marketing Research Process
Marketing Research Process
1 TA Ibrahim WAFA
Entrepreneurship and Strategy
[email protected]
MARKETING RESEARCH
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COURSE OVERVIEW
This course studies:
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MARKETING RESEARCH
The role of research in the marketing process
(customer satisfaction)…
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ASSIGNMENT 1
Today, we discussed many examples why and how companies
or brands use market intelligence (information) in their
marketing strategy to make the right product mix in order to
sustain their business.
For your first assignment, please write an example showing
me how companies used market intelligence (relevant
information concerning their markets) in their marketing
strategy (4ps) to improve existing products or services,
or to launch a new product or service, or to increase its
market share, or to overcome a competitive threat, or
to sustain its international presence, etc.
Please note that you should write your references.
Assignments should be submitted in Moodle.
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Submission deadline: Monday 18th October midnight.
THE MARKET RESEARCH PROCESS
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THE MARKET RESEARCH PROCESS
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THE MARKET RESEARCH PROCESS
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THE MARKET RESEARCH PROCESS
➢ Qualitative Research
Qualitative Research is primarily exploratory
research.
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Focus group Interviews
THE MARKET RESEARCH PROCESS
➢ Quantitative Research
Quantitative Research is used to quantify the
problem by way of generating numerical data or
data that can be transformed into usable
statistics.
➢ Quantitative Research
Quantitative Research uses measurable data to
formulate facts and uncover patterns in research.
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THE MARKET RESEARCH PROCESS
Step 2 : Determine Your “Research Design”
There are three classifications to consider :
1. Exploratory Research :
2. Descriptive Research :
3. Causal Research :
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THE MARKET RESEARCH PROCESS
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THE MARKET RESEARCH PROCESS
Step 2 : Determine Your “Research Design”
➔ Determine your market research method
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THE MARKET RESEARCH PROCESS
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➔ THINK !