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MARKETING RESEARCH MRKT 436 PREPARED BY GHOUSIA NASREEN LECTURER CBA
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Page 1: Marketing research  course material

MARKETING RESEARCH

MRKT 436

PREPARED BY

GHOUSIA NASREEN

LECTURER

CBA

Page 2: Marketing research  course material

OVERVIEW OF MARKETING

RESEARCH

UNIT I

Page 3: Marketing research  course material

Research is a structured enquiry that utilizes acceptable scientific methodology to solve problems and create new knowledge that is generally applicable.

When you say that you are undertaking a research study to find answers to a question, you are implying that the process;

1. is being undertaken within a framework of a set of philosophies ( approaches);

2. uses procedures, methods and techniques that have been tested for their validity and reliability;

3. is designed to be unbiased and objective .

• The word research is composed of two syllables, re and search. re is a prefix meaning again, anew or over again

• search is a verb meaning to examine closely and carefully, to test and try, or to probe.

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Objectives of research

• To gain familiarity with a phenomenon or to achieve new insights into it (studies with this object in view are termed as exploratory or formulative research studies);

• 2. To portray accurately the characteristics of a particular individual, situation or a group

• (studies with this object in view are known as descriptive research studies);

• 3. To determine the frequency with which something occurs or with which it is associated with something else (studies with this object in view are known as diagnostic research studies);

• 4. To test a hypothesis of a causal relationship between variables (such studies are known as

• hypothesis-testing research studies).

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Marketing research

• Market research:

Researching the immediate competitive environment of the market place, incl. customers, suppliers competitors distributors and retailers.

Marketing research:

Includes the above plus, companies and strategies for products and markets, the wider environment in which the firm operates.

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• Definition: it is the systematic design, collection, analysis and reporting of data and findings relevant to a specific marketing situation facing the company.

• Purpose:

It reduces uncertainty or error in decision making. the information collected by conducting marketing research is used for problem solving and decision making in various areas of marketing.

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Marketing research helps the marketing

manager to

1. Identify and define marketing problems and

opportunities

2. Understand markets and customers and

reliable prediction about them

3. Develop marketing strategies

4. Facilitate efficient expenditure of funds

5. Monitor marketing performance.

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Applications of MR • Marketing research activities can be divided into

four main strategic categories:

Market analysis

- identifying and evaluating opportunities

- competitive analysis

Market segmentation

- analysing market segments and selecting target markets

Marketing strategy design

- planning and implementing a marketing mix

Analysing marketing performance

Page 9: Marketing research  course material

Marketing research process

UNIT II

Page 10: Marketing research  course material

Steps in Research Process:

1. Formulating the Research Problem

2. Extensive Literature Review

3. Developing the objectives

4. Preparing the Research Design including Sample Design

5. Collecting the Data

6. Analysis of Data

7. Generalisation and Interpretation

8. Preparation of the Report or Presentation of

Results-Formal write ups of conclusions reached.

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Formulating research problem

Literature survey

Developing objectives/ hypothesis

Research design

Data collection Analysis Interpretation

and report preparation

ff

ff

f

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Formulating a research problem: It is the first and most crucial step in the research process

- Main function is to decide what you want to find out about.

- The way you formulate a problem determines almost every step that follows.

There are two types of research problems, viz., those which relate to states of nature and those which relate to relationships between variables. At the very outset the researcher must single out the problem he wants to study

Sources of research problems

Research in social sciences revolves around four Ps:

• People- a group of individuals

• Problems- examine the existence of certain issues or problems relating to their lives; to ascertain attitude of a group of people towards an issue

• Programs- to evaluate the effectiveness of an intervention

• Phenomena- to establish the existence of a regularity.

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The researcher must at the same time examine all available literature to get himself acquainted with the selected problem. He may review two types of literature—the conceptual literature concerning the concepts and theories, and the empirical literature consisting of studies made earlier

• Steps in formulation of a research problem :

• Working through these steps presupposes a reasonable level of knowledge in the broad subject area within which the study is to be undertaken. Without such knowledge it is difficult to clearly and ade uatel disse t a su je t a ea.

• Step 1 Identify a broad field or subject area of interest to you.

• Step 2 Dissect the broad area into sub areas.

• Step 3 Select what is of most interest to you.

• Step 4 Raise research questions.

• Step 5 Formulate objectives.

• Step 6 Assess your objectives.

• Step 7 Double check.

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• So far we have focused on the basis of your

study, the research problem. But every study

in social sciences has a second element, the

study population from whom the required

information to find answers to your research

questions is obtained.

• As you narrow the research problem, similarly

you need to decide very specifically who

constitutes your study population, in order to

select the appropriate respondents.

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Review of literature:

Once the problem is formulated, a brief summary of it should be

written down. At this juncture the researcher should undertake

extensive literature survey connected with the problem. The earlier

studies, if any, which are similar to the study in hand should be

carefully studied. A good library will be a great help to the

researcher at this stage.

• -Reviewing literature can be time-consuming, daunting and

frustrating, but is also

• rewarding. Its functions are:

• a. Bring clarity and focus to your research problem;

• b. Improve your methodology;

• c. Broaden your knowledge;

• d. Contextualise your findings.

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• Procedure for reviewing the literature:

i) search for existing literature in your area of study;

ii) review the literature selected;

iii) develop a theoretical framework;

iv) develop a conceptual framework.

Next compile a bibliography for this broad area.

Sources are:

1. books

2.journals

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• The formulation of objectives:

Objectives are the goals you set out to attain in your study.

-They inform a reader what you want to attain through the study.

-It is extremely important to word them clearly and specifically.

Objectives should be listed under two headings:

a) main objectives ( aims);

b) sub-objectives

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. Development of working hypotheses: After extensive literature survey, researcher should state in clear terms the working hypothesis or hypotheses. Working hypothesis is tentative assumption made in order to draw out and test its logical or empirical consequences

• a) Discussions with colleagues and experts about the problem, its origin and the objectives in seeking a solution;

• (b) Examination of data and records, if available, concerning the problem for possible trends, peculiarities and other clues;

• (c) Review of similar studies in the area or of the studies on similar problems; and

• (d) Exploratory personal investigation

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Preparing the research design: The research problem having been formulated in clear cut terms, the researcher will be required to prepare a research design, i.e., he will have to state the conceptual structure within which research would be conducted.

• A plan or strategy for conducting the research • Spells out the basic strategies that researchers

adopt to develop evidence that is accurate and interpretable.

• Deals with matters such as selecting participants

for the research and preparing for data collection.

Page 20: Marketing research  course material

The preparation of the research design, appropriate for a particular research problem, involves usually the consideration of the following:

(i) the means of obtaining the information;

(ii) the availability and skills of the researcher and his staff (if any);

(iii) explanation of the way in which selected means of obtaining information will be organised and the reasoning leading to the selection;

(iv) the time available for research; and

(v) the cost factor relating to research, i.e., the finance available for the purpose.

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Purposes of Research Design

1. To provide answers to research questions

2. To control variance

Research purposes may be grouped into four categories, viz., (i) Exploration, (ii) Description, (iii) Diagnosis, and (iv) Experimentation

There are several research designs, such as, experimental and non-experimental hypothesis testing. Experimental designs can be either informal designs (such as before-and-after without control, after-only with control, before-and-after with control) or formal designs (such as completely randomized design, randomized block design

Page 22: Marketing research  course material

TYPES OF RESEARCH

1. Experimental research – involves manipulating condition and studying effects – (IPO-Input-Process-Output)

2. Correlational research – involves studying relationship s among variables within a single group, and frequently suggests the possibility of cause and effect.

3. Survey research – involves describing the characteristics of a group by means of such instruments as interview schedules, questionnaires, and tests.

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This threefold classification is especially useful for describing the design with respect to internal validity.

A randomized experiment generally is the strongest of the three designs when your interest is in establishing a cause-effect relationship.

A non-experiment is generally the weakest in this respect only to internal validity or causal assessment.

In fact, the simplest form of non-experiment is a one-shot survey design that consists of nothing but a single observation O.

The most common forms of research descriptive ones

Page 24: Marketing research  course material

Research Types under Quantitative &

Qualitative

• Quantitative

• Experimental Research

• Single-Subject Research

• Correlational Research

• Causal-Comparative

Research

• Survey Research

• Qualitative

• Ethnographic Research

• Historical Research

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Data collection methods

UNIT III

Page 26: Marketing research  course material

Data collection methods

Data is the collected information for the research purposes. Data can be qualified and quantified data.

The data can be collected in two types.

It can be classified into primary data and secondary data.

Primary data can be collected either through experiment or through survey. If the researcher conducts an experiment, he observes some quantitative measurements, or the data, with the help of which he examines the truth contained in his hypothesis.

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Data collection

methods

Primary

data

interview

questionnai

res

observation

Secondary

data

journals

newspapers

directories

schedules Newsletters/

manuals

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• OBSERVATION METHOD:

This method is the most commonly used

methods. This method implies the collection

of i fo atio a of i estigato s o observation. The information obtained relates

to what is currently happening and is not

complicated by either the past behavior or

future intentions or attitudes of respondents.

It may be of two types:

Structured observation

Unstructured observation

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OBSERVATION

TECHNIQUES

STRUCTURED

NON-

PARTICIPANT/

DISGUISED

UNSTRUCTURED

PARTICIPANT

UNCONTROLLED

CONTROLLED

Page 31: Marketing research  course material

• If the units to be observed and methods are

defined then its structured observation.

• If the above points are not fulfilled then they

are termed as unstructured observation or

random observation.

• If the observer observes by making himself

the member of the group he is observing then

it is termed as participant observation

• If the observer observes with out any attempt

to participate in the group then it is termed as

non participant observation.

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• If the researcher observes in a manner that his

presence is unknown to the people he is

observing it is termed as disguised

observation.

• If the observation takes place in a natural

setting then it is termed as uncontrolled

observation.

• If the observation takes place according to pre

arranged plans then it is termed as controlled

observation. Generally controlled

observations take place in controlled

conditions in laboratories.

Page 33: Marketing research  course material

Interview techniques

STRUCTURED

UN

STRUCTURED

FOCUSSED

clinical

NON

DIRECTIVE

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INTERVIEW TECHNIQUE:

This method of collecting data involves oral verbal

responses.

This method can be of personal interview or telephone

interview.

Personal interview:

The interview method of collecting data requires oral

verbal responses. This requires a person known as

the interviewer asking questions in a face to face

manner. This is mostly carried out in a structured way

hence called as structured interview.

Unstructured interviews do not require a pre

determined questions and techniques of recording

information.

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Focussed interview is meant to focus attention

on the given experience of the respondent

and its effects.

Clinical interview is concerned with broad

feelings and motivations in the real life

experiences of the respondent.

In case of non directive interview the

i te ie e s fu tio is to liste encouraging the respondent to talk about a

given topic with out or less questions.

Page 36: Marketing research  course material

Questionnaires:

This method is quite popular in case of big

enquiries. It is adopted by private individuals,

research workers, organisations including

government organisations. The questionnaire

is sent to the persons with a request to

answer it and return them.

It involves less cost and gives times for

respondents to answer.

This method may be time consuming and less

rate of return of the questionnaires.

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Main aspects of a questionnaire:

General form

Question sequence

Question formulation and wording

The size of the questionnaire should be small

Personal questions should be avoided

Questions should be easy

Questions may be multiple choice or open

ended.

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Schedules:

• Under this method the enumerators are

appointed and given training.

• They are provided with schedules containing

relevant questions.

• These enumerators go to respondents with

these schedules.

• Data are collected by filling up the schedules

by enumerators on the basis of replies given

by respondents

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COLLECTION OF SECONDARY DATA

Secondary data means data that are already available.

Some one else has already collected and analysed

them. When researcher uses secondary data he has

to look for various sources. Secondary data may be

published or unpublished.(نشر أو لم تنشر) Published data are available in,

Publications of governments

Technical and trade journals

Reports of various associations

Reports of research scholars

Publications of industry bank and other companies

Public records and statistics

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Secondary data should have following

characteristics

Reliability of data

Suitability of data

Adequacy of data

Page 41: Marketing research  course material

UNIT IV

Sample design and sampling

procedure

Page 42: Marketing research  course material

When conducting research, it is almost always

impossible to study the entire population that you

are interested in. when field studies are undertaken

in practical life then it makes us choose a few

respondents.(المستجيبين) The respondents selected should be a representative of

the total population.

The selected respondents are called a sample and the

process is called sampling technique.

Page 43: Marketing research  course material

What is a sample( ?(عين

A sample is a subset of the population being

studied. It represents the larger population

and is used to draw inferences about that

population. It is a research technique widely

used in the social sciences as a way to gather

information about a population without

having to measure the entire population.

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Characteristics of a good sample design:

Sample design should make a truly representative

sample

Errors should be less

Should be systematic and controlled in a better way.

Steps in sample design:

• Type of universe

• Sampling unit

• Source list

• Size of the sample

• Budget

• Sampling procedure

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TYPES OF SAMPLING TECHINQUES

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Probability Sampling Techniques

Probability sampling is a sampling technique

where the samples are gathered in a process

that gives all the individuals in the population

equal chances of being selected.

Also known as random sampling or chance

sampling

It is like a lottery method( نصي in which (طريق الي

individuals are picked up from the whole

group.

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Random sampling may be

Simple random sampling or complex random

sampling.

The simple random sample

• The basic sampling method assumed in statistical

methods and computations.

• The main benefit of the simple random sample is

that each member of the population has an equal

chance of being chosen.

• This means that it guarantees that the sample

chosen is representative of the population.

Page 48: Marketing research  course material

Complex random sampling techniques Systematic sample

The elements of the population are put into a

list and then every kth element in the list is

chosen (systematically) for inclusion in the

sample.

For example, if the population of study

contained 2,000 students in a college and the

researcher wanted a sample of 100 students,

the students would be put into list form and

then every 20th student would be selected for

inclusion in the sample.

Page 49: Marketing research  course material

Stratified Sample.(تراصف) A stratified sample is a sampling technique in which the

researcher divided the entire target population into different

subgroups, or strata.

Then randomly selects the final subjects proportionally from the

different strata.

This type of sampling is used when the researcher wants to

highlight specific subgroups within the population.

For example, to obtain a stratified sample of university students,

the researcher would first organize the population by college

class and then select appropriate numbers of freshers,

juniors, and seniors. This ensures that the researcher has

adequate amounts of subjects from each class in the final

sample.

Page 50: Marketing research  course material

Cluster Sample.(جماعة)

Cluster sampling may be used when it is either impossible or

impractical to compile an exhaustive list of the elements that

make up the target population.

the population elements are already grouped into

subpopulations and lists of those subpopulations already exist

or can be created.

Fo e a ple, let s sa the ta get populatio i a stud as working people in the United States. There is no list of all in

the country.

The researcher could, however, create a list of churches in the

United States, choose a sample of churches, and then obtain

lists of members from those churches.

Page 51: Marketing research  course material

Non-probability Sampling Techniques

Non-probability sampling is a sampling

technique where the samples are gathered in

a process that does not give all the individuals

in the population equal chances of being

selected.

1. Judgement sampling or purposive sampling

2. Quota sampling

Page 52: Marketing research  course material

Purposive or Judgmental Sample. ( دف أو حكمي (ه

A purposive, or judgmental, sample is one that is selected based

on the knowledge of a population and the purpose of the

study.

Quota sampling(أخذ العين الحصص): In this the interviewers are given quotas to be filled from various

strata . The selection is left to the interviewers discretion


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