Conducting Marketing Research

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apter 33 - Conducting Marketing Research Conductin g Marketing Research

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Conducting Marketing Research. The Marketing Research Process. Step 1 - Defining the Problem Identify and clearly state what the problem is and what can be done to solve the problem. Determine which problems are the most important to solve at a given time. The Marketing Research Process. - PowerPoint PPT Presentation

Transcript of Conducting Marketing Research

Page 1: Conducting Marketing Research

Chapter 33 - Conducting Marketing Research

Conducting Marketing Research

Page 2: Conducting Marketing Research

Chapter 33 - Conducting Marketing Research

The Marketing Research Process

Step 1 - Defining the Problem Identify and clearly state what the

problem is and what can be done to solve the problem.

Determine which problems are the most important to solve at a given time.

Page 3: Conducting Marketing Research

Chapter 33 - Conducting Marketing Research

The Marketing Research Process

Step 2 - Obtaining Data Collect and examine information in

terms of the problem being studied. Primary data can be used; or Secondary data can be used.

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Chapter 33 - Conducting Marketing Research

Secondary data can be obtained by a number of agencies.

Primary data can be obtained by:

the survey method

the observation method

the experimental method

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Chapter 33 - Conducting Marketing Research

The Marketing Research Process

Step 3 - Analyzing the Data Compiling, analyzing, and interpreting

the results of primary and secondary data.

The results of each question can be clearly read and interpreted.

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Chapter 33 - Conducting Marketing Research

The Marketing Research Process

Step 4 - Recommending Solutions to the Problem.

Solutions are usually presented in a well written report.

Recommendations must be clear and supported by the research data.

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Chapter 33 - Conducting Marketing Research

The Marketing Research Process

Step 5 - Applying the Results