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Global Marketing Research
Lecture 13
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Recap Home Country Actions and Global Competitiveness
Competitors from Emerging Markets The Country-of-Origin Advantage
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Learning Objectives List and describe the four steps involved in the research process. Differentiate between the challenges posed by secondary data collection and those posed by primary data collection. Note cultural differences in marketing research, and explain ways in which market researchers can adjust to them. Describe problems related to comparability of studies undertaken in different national markets. Explain the value of analysis by inference to global marketers. Note ways to monitor global competitors. Explain the requirements for a global marketing information system. 3
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Chapter Overview Scope of global marketing research
Challenges in planning international research Utilizing secondary data Collecting primary data Analysis by inference Outsourcing research Studying the competition Environmental review Developing a global information system 4
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The Scope Global marketing research is used to make both strategic and tactical decisions Market studies Market size, customer needs Competitive studies Insights, domestic and foreign Environmental studies Economic, political, legal, physical, cultural 5
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The Challenges The global marketplace is complex
Differences from country to countries exist at many levels Companies frequently lack familiarity with foreign markets Comparing studies across countries can be difficult International research is a relatively costly endeavor 6
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Research Techniques The research process
Problem definition and development of research objectives Determination of the sources of information Collection and analysis of the data from primary and secondary sources Analysis of the data and presentation of results 7
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Properly Developing Research Questions
Etic approach –Assumes that a research question in one culture can be used in another culture. This approach allows for comparison across countries, but could miss culture differences. Emic approach –Assumes cultures are so different that each requires a separate research study to capture the local context relative to each countries frame of reference. 8
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Sources of Information
Primary Data Data collected specifically for a research assignment Secondary data Refers to previously collected and available data Both present challenges to global marketing research 9
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Secondary Data Collection and analysis of secondary data should be done before primary data collection Secondary data is usually available at a fraction of the cost of obtaining primary data 10
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Summary Scope of global marketing research
Challenges in planning international research Utilizing secondary data
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References Gillespie, K., Jeannet, J.P. and Hennessey, H.D. (2004), Global Marketing: An Interactive Approach, Houghton Mifflin, Boston, NY.
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