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TRANSCRIPT
Slide 1.1
Near East University
MARKETING RESEARCH
MARK 401
Preliminary Understanding ofMarketing Research
SESSION 1
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Near East University
MARKETING RESEARCH
MARK 401
Preliminary Understanding ofMarketing Research
SESSION 1Rana SERDAROGLU
Source:Malhotra and Birks, et al. Chp 1Dr. Eric Shiu lecture notes
Slide 1.2
Chapter outline1) What does marketing research encompass?
2) Definition of marketing research
3) The marketing research process
4) A classification of marketing research
5) The global marketing research industry
6) The limitations of marketing research
7) Internet and computer applications
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
1) What does marketing research encompass?
2) Definition of marketing research
3) The marketing research process
4) A classification of marketing research
5) The global marketing research industry
6) The limitations of marketing research
7) Internet and computer applications
Slide 1.3
WHAT MARKETINGRESEARCHER PEOPLE DO?
Marketing researchers support decision-makers by;collecting, analysing andinterpreting INFORMATION needed to identifyand solve marketing problems.
Slide 1.3
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Marketing researchers support decision-makers by;collecting, analysing andinterpreting INFORMATION needed to identifyand solve marketing problems.
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Slide 1.4
Two broad categories of research
1. Basic research: To extend knowledge
2. Applied research: To solve a specificproblem/grasp a specific opportunity
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Two broad categories of research
1. Basic research: To extend knowledge
2. Applied research: To solve a specificproblem/grasp a specific opportunity
Slide 1.5
Time to clarify some terms…
• Product vs. Service
• Customer vs. Consumer
• Marketing research vs. Market research
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
• Product vs. Service
• Customer vs. Consumer
• Marketing research vs. Market research
Slide 1.6
Figure 1.1 The role of marketing research within the marketing system
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Slide 1.7
The role of marketing research
Marketingresearch
Controllablemarketing
• Product• Pricing
variablesMarketingresearch
Uncontrollableenvironmentalfactors
• Economy• Technology•
Uncontrollableenvironmentalfactors
• Economy• Technology• Laws and
• Consumers• Employees• Shareholders• Suppliers
Customer groups• Consumers• Employees• Shareholders• Suppliers
Customer groups• Consumers• Employees• Shareholders• Suppliers
Customer groups
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
• Pricing• Promotion• Distribution
Assessinginformationneeds
Marketingdecisionmaking
ProvidinginformationProviding
needs
Marketing managers
• Market segmentation
• Performance & control
•Target market selection• Marketing Programs
Marketing managers
• Market segmentation
• Performance & control
•Target market selection• Marketing Programs
Marketing managers
Market segmentation
Marketing managers
• Market segmentation
• Performance and control
• Target market selection• Marketing programs
•regulations
•factors
• Political factors
• Laws andregulations
• Social and culturalfactors
• Political factors
Slide 1.8
LETS SUM UP WHAT WE HAVE DONESO FAR…
‘Marketing research is a key element within the totalfield of marketing INFORMATION. It links theconsumer, customer and public to the marketerthrough INFORMATION, which is used to identifyand define marketing opportunities andproblems; generate, refine and evaluatemarketing actions; and improve understanding ofmarketing as a process and of the ways in whichspecific marketing activities can be made moreeffective’
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
‘Marketing research is a key element within the totalfield of marketing INFORMATION. It links theconsumer, customer and public to the marketerthrough INFORMATION, which is used to identifyand define marketing opportunities andproblems; generate, refine and evaluatemarketing actions; and improve understanding ofmarketing as a process and of the ways in whichspecific marketing activities can be made moreeffective’
Slide 1.9
WHY INFORMATION IS SO IMPORTANT?
• INFORMATION is the lifeblood of marketing• To manage a business well, you need to
manage its future,• To manage the future, you need to manage
information• INFORMATION is not just an input to make
good decisions but provides a competitiveadvantage.
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
• INFORMATION is the lifeblood of marketing• To manage a business well, you need to
manage its future,• To manage the future, you need to manage
information• INFORMATION is not just an input to make
good decisions but provides a competitiveadvantage.
Slide 1.10
EXAMPLE: CLUBCARD DATA
CUSTOMER HEAD OFFICE SYSTEM
Clubcard registration data:•Name, surname, adress•Telephone/email•Dietary requirements•Family composition•Data protection options
Reference data:•Store referance details•Product details•Store turnover•Promotions data
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Clubcard registration data:•Name, surname, adress•Telephone/email•Dietary requirements•Family composition•Data protection options
Clubcard transactional data:•Item level sales info for alltransactions•Coupon and voucher redemption•Store, date, time
Reference data:•Store referance details•Product details•Store turnover•Promotions data
Other sources:•Clubs information•Customer complaints•Customer market research•Contact history
Slide 1.11
Table 1.2 Top 20 countries with highest MR spend per capita, 2004
18.7819.543679 Australia
18.885.351018 Denmark
19.815.201037 Finland
20.24291.045,8926 USA
20.3582.4116775 Germany
20.507.171474 Switzerland
24.7059.841,4783 France
27.968.872482 Sweden
32.1859.071,9011 UK
Spend per capita (€ percapita)
Population (million)Turnover (€m)Country
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
8.17127.481,04220 Japan
8.614.183619 Singapore
9.2841.1638218 Spain
9.3957.4854017 Italy
10.658.168716 Austria
12.7210.3013115 Belgium
13.7531.2743014 Canada
16.113.916313 Ireland
16.8616.0727112 Netherlands
16.883.856511 New Zealand
17.294.517810 Norway
18.7819.543679 Australia
Slide 1.12
Classification of marketing research
Problem identification research• Research undertaken to help identify problems
that are not necessarily apparent on the surfaceand yet exist or are likely to arise in the future.Examples: market potential, market share,image, market characteristics, sales analysis,forecasting and trends research.
Problem-solving research• Research undertaken to help solve specific
marketing problems. Examples: segmentation,product, pricing, promotion and distributionresearch.
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Problem identification research• Research undertaken to help identify problems
that are not necessarily apparent on the surfaceand yet exist or are likely to arise in the future.Examples: market potential, market share,image, market characteristics, sales analysis,forecasting and trends research.
Problem-solving research• Research undertaken to help solve specific
marketing problems. Examples: segmentation,product, pricing, promotion and distributionresearch.
Slide 1.13
Example 1• A marketing research study has been conducted on
Europe’s developing beer market, which gives signalsthat the market is in danger of an increasing oversupplyof brands. As a result, consumers are likely to turn backto brands that they have tried and liked before.
SO what kind of research does this particular studybelong to?
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
• A marketing research study has been conducted onEurope’s developing beer market, which gives signalsthat the market is in danger of an increasing oversupplyof brands. As a result, consumers are likely to turn backto brands that they have tried and liked before.
SO what kind of research does this particular studybelong to?
Slide 1.14
EXAMPLE 2
• Kellogg's was originally popular during 1990’s as abreakfast cereal. However, it began to lose market sharein the 2000’s. this forced the management to conductmarketing research for reversing the trend.
SO AGAIN what kind of research does this particularstudy belong to?
PLEASE give some recommendations about how themanagement can improve lost?
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
• Kellogg's was originally popular during 1990’s as abreakfast cereal. However, it began to lose market sharein the 2000’s. this forced the management to conductmarketing research for reversing the trend.
SO AGAIN what kind of research does this particularstudy belong to?
PLEASE give some recommendations about how themanagement can improve lost?
Slide 1.15
Figure 1.4 A classification of marketing research
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Slide 1.16
Table 1.1 Examples of problem-solving research
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Slide 1.17
SO WHO USES THIS INFORMATION / DATA ACQUIRED ???
Figure 1.5 Marketing research suppliers
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Slide 1.18
Figure 1.2 Simple linear description of the marketing research process
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Slide 1.19
Figure 1.3 The marketing research process detailing iterations between stages
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
Slide 1.20
Misconceptions of marketing research
• Marketing research does not make decisions.
• Marketing research does not guarantee success.
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
• Marketing research does not make decisions.
• Marketing research does not guarantee success.
Slide 1.21
TO BE A GOOD MARKETING RESEARCHER,YOU NEED TO UNDERSTAND;
• Marketing
• Psychology and consumer behaviour
• Statistics and quantitative methods
• Qualitative methods
• Internet and computer skills.
• Effective written and verbal communication skills.
• Creative thinking
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
• Marketing
• Psychology and consumer behaviour
• Statistics and quantitative methods
• Qualitative methods
• Internet and computer skills.
• Effective written and verbal communication skills.
• Creative thinking
Slide 1.22
ESOMAR: European Society for Opinion andMarketing Research (www.esomar.nl)
MRS: The Market Research Society (UK)(www.marketresearch.org.uk)
CASRO: The Council of American Survey ResearchOrganizations (www.casro.org)
MRSA: The Market Research Society ofAustralia (www.mrsa.com.au)
PMRS: The Professional Marketing ResearchSociety (Canada) (www.pmrs-aprm.com)
Marketing research associations online
Naresh Malhotra and David Birks, Marketing Research, 3rd Edition, © Pearson Education Limited 2007
ESOMAR: European Society for Opinion andMarketing Research (www.esomar.nl)
MRS: The Market Research Society (UK)(www.marketresearch.org.uk)
CASRO: The Council of American Survey ResearchOrganizations (www.casro.org)
MRSA: The Market Research Society ofAustralia (www.mrsa.com.au)
PMRS: The Professional Marketing ResearchSociety (Canada) (www.pmrs-aprm.com)