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Published byBertha Bridges Modified over 5 years ago
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Developing a Global Vision through Marketing Research
Chapter 8
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International Marketing Research
What is marketing research? Why is it important? International element
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Marketing Research Overview
Three kinds of information General info Environmental information to forecast future buying Marketing mix in specific market
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Marketing Research Process
Define the Problem & Establish Research Objectives Determine the Sources of Information to Fulfill Objectives Consider the Costs & Benefits of Research Effort Gather Relevant Primary or Secondary Data Analyze, Interpret, and Summarize the Results Effectively Communicate the Results to Decision-Makers
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Define Problem & Objectives
Unfamiliarity with environment Need more information
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Secondary Data Availability Reliability Comparability
Validating the Information
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Primary Data Quantitative v. Qualitative Problems
Hard to explain usefulness Willingness to respond Sampling in field surveys Language and comprehension Back translation Parallel translation Decentering
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Other Research Multicultural Research Internet Research
Online surveys & buying panels Online focus groups Web site tracking Advertising measurement Customer ID systems marketing lists Embedded research
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Estimating Market Demand
Two Approaches Expert opinion Analogy
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Interpreting the Data Recognize Limitations
Multicultural Marketing Researchers must exhibit: Cultural understanding Adaptation ability Skepticism of data
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Responsibility for Conducting Research
Decentralization Communication channels within company
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