4.12 & 4.13 UNDERSTAND DATA-COLLECTION METHODS TO EVALUATE THEIR APPROPRIATENESS FOR THE RESEARCH PROBLEM/ISSUE. RATING SCALES 4.00 Understand promotion.

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4.12 & 4.13 UNDERSTAND DATA-COLLECTION METHODS TO EVALUATE THEIR APPROPRIATENESS FOR THE RESEARCH PROBLEM/ISSUE. RATING SCALES 4.00 Understand promotion and intermediate uses of marketing-information

Explain the use of scaling in marketing research. How items are rated, ranked or scored Distinguish between rating & ranking scales. Rating sets a scale for an individual item Ranking compares different items Distinguish between nominal data & ordinal scales. Nominal – mutually exclusive answers with no implied ranking Ordinal – involve ranking of answers, relative position (not magnitude)

Discuss when ordinal scales are used. Used to measure relative attitudes, opinions, perceptions and preferences “Which is more important to you?” Implied ordered sequence (e.g. the first item is greater than the second) Describe characteristics of interval rating scales. Shows order and distance (how far apart are the two or more objects?) Do not allow comparisons of absolute magnitude Cannot say that an assigned 6 is twice an assigned 3 when using an interval scale

Distinguish between interval and ratio scales. Ratio scales possess order, distance and a unique origin (can be absolute - zero point or natural starting point) Can say that an assigned 6 is twice an assigned 3 when working on a ratio scale

Distinguish between continuous and itemized rating scales. Continuous: Respondent makes a mark at the appropriate position on a line, no comparison standard it given Itemized: scale has a number or brief description associated with each category. Categories are ordered and respondent is required to select the category that best describes the object being ranked

Discuss types of itemized rating scales Likert numerical values associated with each possible answer Semantic Differential Scale uses bipolar adjectival phrases to describe a person’s beliefs. The respondent marks a category along the rating continuum (usually 1 to 7)

CONT. Stapel Scale differs from semantic by using just one term and then sets a scale for rating the appropriateness of that term (usually -5 to +5 with no zero) Multi-Dimensional used when difficult to measure attitude based on only one attribute. Used when it is impossible to capture the complete picture with one overall question.

Multi-Dimensional CONT. The major attributes of a given class of products perceived by the consumers in considering the product and by which they compare the different ranks. To study which brand competes most directly with each other. To find out whether the consumers would like a new brand with a combination of characteristics not found in the market. What would be the consumers ideal combination of product attributes. What sales and advertising messages are compatible with consumers brand perceptions.

Explain advantages/disadvantages of the types of itemized rating scales. A: Itemized rating scales give the responders a choice of ranking. Allows the responder room to explain who much s/he feels positively or negatively. D: Responders aren’t likely to be consistent in their ratings. A lot of room for interpretation on the part of the responder and the surveyor.

Explain types of ranking scales Paired Comparison – respondents are asked to choose between two objects at a time (small number of objects) Too many will result in respondent fatigue. Forced Choice – respondents rank objects relative to one another. Don’t offer too many choices. Comparative Scale – provides a benchmark or point of reference to assess attitudes toward the object under study