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Market Research. Marketing Intern Project Goal: – By the end of this unit, you will develop an effective marketing research study for a mobile phone company.

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Presentation on theme: "Market Research. Marketing Intern Project Goal: – By the end of this unit, you will develop an effective marketing research study for a mobile phone company."— Presentation transcript:

1 Market Research

2 Marketing Intern Project Goal: – By the end of this unit, you will develop an effective marketing research study for a mobile phone company. Think about: – The various mobile phone companies and the products they offer. – Making a list of mobile phone features – Visiting mobile phone retailers to observe merchandising the promotional strategies.

3 TURN TO PAGE 700 Your objective is to develop an effective marketing research study on teenaged cell phone users for your client, a mobile phone company. Describe the scenario in your own words: What are the five steps?

4 Definitions: Primary research Secondary research Market research Marketing information system Marketing plan Marketing strategies Database marketing database

5 Create a Graphic Organizer to explain Marketing Research

6 What is Primary Data? Research ___________for the first time and relates directly to the collector’s study. How do I collect primary data? – Observation – Interviews – in person, by phone, through mail – Surveys – Observe buyers at competitor’s site – Focus groups

7 What is Secondary Data? Information collected ___ someone ______for their own purposes. Where do I find Secondary Data? – Internet – Government and community organizations – Website of the U.S. Census Bureau – Chamber of Commerce – Trade associations – Trade publications – Commercial research agencies

8 Five Steps of Market Research Step 1 Identify information needs Step 2 Obtain Secondary Resources Step 3 Collect Primary Data Step 4 Organize the data Step 5 Analyze the data

9 Examples of organized data:

10 Raw Data Sources Survey Method Technological Methods Personal Interview Mail Survey Internet Survey Observation Method Experimental Method Point-of-Sale Research

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12 ACTIVITY TIME Obtaining Data Discovery Project

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