Defining the Problem and Determining Research Objectives - PowerPoint PPT Presentation

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Defining the Problem and Determining Research Objectives

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Title: Defining the Problem and Determining Research Objectives


1
Chapter
1
Friday, October 20
Defining the Problem and Determining Research
Objectives
2
Differences Between Managers and Researchers
  • Marketing managers and researchers see the world
    differently because they have different jobs to
    perform and their backgrounds are very different.

3
Differences Between Managers and Researchers
4
Discussion and Definition of the Problem
Discussions often take place between managers and
researchers to determine the problem.
Researchers should ask questions relating to
5
Define the Marketing Managers ProblemQuestions
cont.
6
Online Research and Problem Definition
  • Managers sometimes must act fast, Online research
    could help
  • Positive Outcome Online systems aid in the
    process because information systems speed
    information delivery
  • Negative Outcomes 1. Information Overload or 2.
    Online environment also means that competitors
    and customers have better information

7
Define the Marketing Management Problem and
Research Objectives
  • Marketing Management Problem
  • Symptoms of failure to achieve an objective are
    present. What should be done?
  • Difference between these two actions
  • Symptoms of the likelihood of achieving an
    objective are present (opportunity
    identification). What should be done?
  • Marketing Research Objectives
  • Providing relevant, accurate, and unbiased
    information that managers can use to solve their
    marketing management problems

8
Defining the Marketing Management Problem
  • Understanding of the Managers Situation
  • Background of the product/service company
    history, overall mission, marketing plans,
    managers objectives and her/his resources, etc.
  • Clarify Symptoms
  • Symptoms are changes or _________. Examples
    include changes in sales volume, market share,
    profits, or dealer orders, also complaints and/or
    competitor actions could be indicators

9
Define the Marketing Managers Problemcont.
  • Pinpoint suspected causes of the problem.
  • Eliminating a symptom does not solve the problem.
  • For every problem, an underlying cause can be
    found.
  • A probable cause differs from a possible cause.
    Important to list all possibilities first.
  • Specify actions that may alleviate the problem.
  • Solutions include any marketing action that may
    resolve the problem.

10
Define the Marketing Managers Problemcont.
  • Assess the adequacy of information on hand to
    specify research objectives.
  • Information State quantity and quality of
    evidence a manager possesses
  • Information Gaps discrepancies between the
    current information level and the desired level
    of information at which a manager feels
    comfortable resolving the problem at hand
  • Manager and researcher come to agree on research
    objectives based on the information gaps.

11
The Invitation to Bid and the Marketing Research
Proposal
  • A marketing research proposal flows from an
    invitation to bid (ITB) or request for
    proposal ( RFP)
  • Both define the marketing management problem
  • Both specify the research objectives
  • The bid details the research method proposed by
    the researcher to accomplish the research
    objectives

12
The Invitation to Bid and the Marketing Research
Proposal
  • The problem statement for both identifies
  • the company, division, or principals involved
  • the symptoms
  • the possible causes of the symptoms
  • the anticipated uses of the research information
  • The research proposal ensures that the researcher
    and the manager see the problem in the same way.

13
The Invitation to Bid and the Marketing Research
Proposal
  • The proposal itemizes the information objectives
    agreed to by the manager and researcher.
  • Constructs and operational definitions are
    specified.
  • A construct is a marketing term or concept that
    is involved in the marketing management problem
    (e.g. brand awareness, product knowledge,
    attitude, loyalty, satisfaction).
  • An operational definition describes how the
    researcher will measure a construct.

14
Formulate the Marketing Research
ProposalTranslate the Research Objectives to Be
Researchablecont.
  • Relationships are identified.
  • A relationship is a meaningful link believed to
    exist between two constructs (lower price is
    related to greater sales, higher exposure is
    related to greater awareness, etc.).
  • A model is decided.
  • A model connects constructs with understandable
    logic

15
The Invitation to Bid and the Marketing Research
Proposal
  • The proposed research method identifies data
    collection mode, questionnaire design, sample
    plan, and other aspects of the anticipated
    marketing research.
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