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Chapter Three MaxIT WiMax.

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Presentation on theme: "Chapter Three MaxIT WiMax."— Presentation transcript:

1 Chapter Three MaxIT WiMax

2 Research Design: Definition
A research design is a framework or blueprint for conducting the marketing research project. It details the procedures necessary for obtaining the information needed to structure or solve marketing research problems.

3 Figure 3.4 A Classification of Market Research Designs
Exploratory Research Design Conclusive Research Design Descriptive Research Causal Research Cross-Sectional Design Longitudinal Design

4 Table 3.1 Differences Between Exploratory and Conclusive Research

5 Table 3.1 Differences Between Exploratory and Conclusive Research (Cont.)

6 Table 3.2 A Comparison of Basic Research Designs

7 Table 3.2 A Comparison of Basic Research Designs (Cont.)

8 Uses of Exploratory Research
Formulate a problem or define a problem more precisely Identify alternative courses of action Develop hypotheses Isolate key variables and relationships for further examination Gain insights for developing an approach to the problem Establish priorities for further research

9 Use of Descriptive Research
To describe the characteristics of relevant groups, such as consumers, salespeople, organizations, or market areas. To estimate the percentage of units in a specified population exhibiting a certain behavior To determine the perceptions of product characteristics To determine the degree to which marketing variables are associated To make specific predictions

10 Uses of Casual Research
To understand which variables are the cause (independent variables) and which variables are the effect (dependent variables) of a phenomenon To determine the nature of the relationship between the causal variables and the effect to be predicted METHOD: Experiments

11 Primary vs. Secondary Data
Primary data are originated by a researcher for the specific purpose of addressing the problem at hand. The collection of primary data involves all six steps of the marketing research process (Chapter 1). Secondary data are data which have already been collected for purposes other than the problem at hand. These data can be located quickly and inexpensively.

12 Table 4.1 A Comparison of Primary and Secondary Data

13 Uses of Secondary Data Identify the problem Better define the problem
Develop an approach to the problem Formulate an appropriate research design (for example, by identifying the key variables) Answer certain research questions and test some hypotheses Interpret primary data more insightfully

14 Criteria for Evaluating Secondary Data
Specifications: Methodology Used to Collect the Data Error: Accuracy of the Data Currency: When the Data Were Collected Objective(s): The Purpose for Which the Data Were Collected Nature: The Content of the Data Dependability: Overall, How Dependable Are the Data

15 Figure 4.3 A Classification of Secondary Data
Internal External Ready to Use Syndicated Services Published Materials Requires Further Processing Computerized Databases


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