UNIT SIX MARKET RESEARCH Ch. 6 The Research Process Steps in the Process -ID the problem -Conduct...
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Transcript of UNIT SIX MARKET RESEARCH Ch. 6 The Research Process Steps in the Process -ID the problem -Conduct...
UNIT SIX MARKET RESEARCHCh. 6 The Research Process
Steps in the Process
-ID the problem
-Conduct secondary research
data collected from some other purpose
-Select/design primary research
original research data
-Collect data
-Analyze data
Market Research
•How is data?
Experiment: minor league ticket prices
Observation: sports apparel kids a wearing
Survey: questionnaire
Focus Groups: panel discussion
Market Research• Sample: How to select the sample
Sample size
Data Mining: collect data from several data sources
Report and Analyze Data
Mission Statement: an outline of the business’s purpose and the products and services it will offer
Marketing Plan: a written document that provides direction for the marketing activities of a company.