This document provides an introduction and overview of a marketing research course. It outlines the course objectives which are to effectively identify problems, formulate research objectives, use appropriate methodologies, and analyze and communicate findings. Course assessments include a group project and individual assignment. The lecture expectations from the instructor and students are also reviewed. Finally, the importance of marketing research in identifying customer requirements and aiding decision making for organizations is discussed.
2. Lecture Objectives
To provide a detailed introduction to the
course
The course objectives
Assessment methods
Lecture and tutorial expectations
To provide an overview of marketing
research and its contribution to marketing
3. The Course Objectives
To allow you to be able to use Marketing Research
effectively
Specifically, to allow you to
Effectively identify and describe business/ marketing
problems and formulate relevant research objectives
Use appropriate research methodologies to answer
the set objectives
Ensure the information gathered is analysed and
communicated effectively to enable improved decision
making
4. Course Assessment
(& how to pass)
Group project (50%)
To design, conduct and report on a research project
Organise a group with complementary skills, do each
project stage as early as possible
Individual assignment (50%)
Identify a code of ethics, or set of ethical principles,
and apply to three scenarios
Identify your preferred ethical framework, think
through all six scenarios and choose those with the
strongest arguments
5. Lecture & Tutorial Expectations
My (Our) contribution
Materials Your contribution
Overheads, extra reading Preparation
Time keeping Chapters, cases, questions
Lectures, feedback Time keeping
Course information Lectures, appointments,
Availability assignments
Contact Behaviour
Access Lectures, groups
Problems
6. Importance of Marketing
Research to Marketing
Marketing is the management process
responsible for identifying, anticipating
& satisfying customers requirements
profitably (British Chartered Institute of Marketing)
Marketing Research is the collection,
analysis and communication of
information undertaken to assist decision
making in marketing.
7. Marketing Research Information
Information on customers
Information on other organisations
Information on the marketing environment
Roles of information:
Descriptive
Comparative
Diagnostic
Predictive
8. e.g., Selling New Products
Marketing Research can determine
The prospect profile for the new product
The buying rationale for different decision
makers
How the product compares to the
competition
Which selling approaches work, and which
dont
Source: Marketing News, Sept 24th 2001
9. e.g., C.R.M. (Customer Relationship Management)
C.R.M.
Behavioural Marketing Research fills in
the why behind the
Individual
behaviour but, it
Longitudinal Needs to be integrated
MR with operational data
Needs to be linked with
Attitudinal
actual behaviour (or
Aggregate financial metrics)
Cross-sectional
Sources: Marketing News, January 21st 2002 & May 13th 2002