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WOW 9 Marketing Research.  The process of getting the marketing information needed to make sound business decisions.

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Presentation on theme: "WOW 9 Marketing Research.  The process of getting the marketing information needed to make sound business decisions."— Presentation transcript:

1 WOW 9 Marketing Research

2  The process of getting the marketing information needed to make sound business decisions.

3 Advertising Research  Focuses on the advertising message and the media – measures 2 things:  Producing the desired response (buy your product)  How effective the media chosen delivers the message

4 Business Research  Attempts to solve business problems related to long range forecasting and future economic conditions.

5 Sales Forecasting  Analyze the market for a product or line of products (total estimate of sales)

6 Economic Forecasting  Attempt to predict the general economic conditions of a city, region or entire country.

7 Operations Research  Looks at methods and procedures that will make a business more effective and efficient.

8 Product Research  Concerned with product design and acceptance, competitive products, testing of existing products, package design and product usage.

9 Sales and Market Research  Focuses on customer analysis, sales and market analysis, test marketing and target market characteristics.


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