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Published byGeorgiana Park Modified over 9 years ago
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Market Research
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Marketing Intern Project Goal: – By the end of this unit, you will develop an effective marketing research study for a mobile phone company. Think about: – The various mobile phone companies and the products they offer. – Making a list of mobile phone features – Visiting mobile phone retailers to observe merchandising the promotional strategies.
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TURN TO PAGE 700 Your objective is to develop an effective marketing research study on teenaged cell phone users for your client, a mobile phone company. Describe the scenario in your own words: What are the five steps?
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Definitions: Primary research Secondary research Market research Marketing information system Marketing plan Marketing strategies Database marketing database
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Create a Graphic Organizer to explain Marketing Research
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What is Primary Data? Research ___________for the first time and relates directly to the collector’s study. How do I collect primary data? – Observation – Interviews – in person, by phone, through mail – Surveys – Observe buyers at competitor’s site – Focus groups
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What is Secondary Data? Information collected ___ someone ______for their own purposes. Where do I find Secondary Data? – Internet – Government and community organizations – Website of the U.S. Census Bureau – Chamber of Commerce – Trade associations – Trade publications – Commercial research agencies
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Five Steps of Market Research Step 1 Identify information needs Step 2 Obtain Secondary Resources Step 3 Collect Primary Data Step 4 Organize the data Step 5 Analyze the data
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Examples of organized data:
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Raw Data Sources Survey Method Technological Methods Personal Interview Mail Survey Internet Survey Observation Method Experimental Method Point-of-Sale Research
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ACTIVITY TIME Obtaining Data Discovery Project
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