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Investigating business

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Presentation on theme: "Investigating business"— Presentation transcript:

1 Investigating business
Research & Marketing 1

2 About research The process? The result? Data Risk Information
Decision-making Information

3 About marketing £££ Product A Product B Product C

4 About the 4’ps Promotion Price Place Product

5 About the product life cycle
Maturity Saturation Growth Decline Launch Development

6 About market research Customers Competitors Market trends
Collecting the data Processing the data Information Using the information Decision-making

7 More about market research
Field research (primary data): e.g. observation, questionnaires, surveys, experiments Desk research (secondary data): e.g. Internet, customer records, media, Government reports

8 Unit 1: Investigating Business
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