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Marketing Research
Course Introduction


    Dr N L Reynolds
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
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
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
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
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.
Marketing Research Information
 Information on customers
 Information on other organisations
 Information on the marketing environment

Roles of information:
     Descriptive
     Comparative
     Diagnostic
     Predictive
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
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

More Related Content

Mr01 introduction[1]

  • 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