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Assessing market opportunities
Marketing research
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Marketing research system
Marketing research is the systematic design, collection, analysis and reporting of data and findings relevant to a specific marketing situation facing the company
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Suppliers of marketing research
Students and professors Internet Syndicated research firms Specialty marketing research firms
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Marketing research process
Define the problem and research objectives Develop the research plan Data sources Research approaches Research instruments Sampling plan Contact methods Collect the information Analyse the information Present Findings
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Characteristics of good marketing research
Scientific method Research creativity Multiple method Value and cost of information
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Market demand Market demand for a product is the total volume that would be bought by the defined customer group in a defined geographical area in a defined time period in a defined marketing environment under a defined marketing programme
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Demand measurement and forecasting
Types of demand measurement Geographical Product level Time level
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TERIMAKASI
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