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10. Qualitative marketing research, its types and goals

Qualitative marketing research is a set of research techniques in which data is obtained from a relatively small group of respondents. The goal is to gain a qualitative understanding of the underlying reasons and motivations. Qualitative research procedures can be direct (focus groups and in-depth interviews) and indirect (projective techniques). Projective techniques - unstructured and indirect questioning in order to learn motives and attitudes, habits and behavior of respondents: Associations (verbal, non-verbal), Completion techniques (sentence completion, story completion), Expressive tests (role playing, third-person technique)

11. Quantitative marketing research. Comparative analysis of surveys methods

As a social research method, it typically involves the construction of questionnaires and scales. People who respond (respondents) are asked to complete the survey. Marketers use the information so obtained to understand the needs of individuals in the marketplace, and to create strategies and marketing plans.

Phone Surveys

Best for mostly close-end questioning,

10-12 average interview length is maximum target

Response rate is critical

Low relative cost

Generally, fast implementation

Personal Interviews

Used where a face-to-face environment is desired.

Used for complicated or sensitive issues, B2B market research environments, or where extensive physical or visual display requirements exist along with need for specialized interviewing skills

High cost.

Online Surveys (Web Surveys)

Can employ true random probability sampling

Complicated survey questionnaire formats can be used.

Easy to display visual information

Low relative cost

Generally, fast implementation

Sampling control is critical.

Hybrid Surveys

Hybrid methods combine two or more techniques to optimize response or measurement validity.

Higher cost

More time required for implementation.

Enhances quality through higher response rates, and better response quality or validity.

12. The sequence and content of Marketing Planning Stages

Analysis stage Current marketing situation analysis: the marketing audit the environmental analysis SWOT analysis Planning stage Defining the requirements of the plan: objectives setting strategic outline Strategy is based on the idea of a game plan, as in chess, or in military strategy. Thus, marketing strategy sets down the game plan by which the objectives are to be achieved. Strategic options should be carefully evaluated for each objective and the best possible course(s) of action selected in each case. Implementation stage Putting plans into operation: designing action programmes assigning responsibility for their execution costing the programmes "What needs to be done?" (defining appropriate action) "When will it be done?" (scheduling and timing) "Who will do it?" (designating clear areas of responsibility) "How much will it cost?" (budget planning) Monitoring stage Controlling the plan: establishing required performance targets monitoring performance against targets designing corrective courses of action where required contingency planning

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