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Essentials of Marketing Research

Essentials of Marketing Research
4.8 (11 reviews) Read reviews
ISBN: 978-87-7681-411-3
1 edition
Pages : 116
Price: Free

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Summary

Marketing research yields relevant, accurate, and timely information about consumers, and plays a critical role in managerial decision making.

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About the book

  1. Description
  2. Preface
  3. Content
  4. About the Author
  5. Embed
  6. Reviews

Description

Marketing research yields relevant, accurate, and timely information about consumers, and plays a critical role in managerial decision making. By putting marketing research results to creative use, firms can achieve and sustain a competitive advantage over their competitors. However, textbooks on this subject are often overwhelming to the layperson, focusing on abstract concepts and using difficult terminology in their explanations. By contrast, this e-book primer, Essentials of Marketing Research, introduces students and managers to important technical and analytical concepts in a very accessible manner. It can be downloaded for free here.

The text is divided into eight chapters, each of which focuses on a specific issue relating to marketing research projects. The first chapter introduces the marketing research process and discusses the scientific research approach in detail, particularly how to define the research problem. Chapter two and three explain exploratory and conclusive research designs. These introductory chapters form the basis of the rest of the text which explores such topics as focus groups, cross-sectional, longitudinal, and causal research designs, survey methodology (such as personal interviews, telephone surveys, online surveys, and observational studies), sampling techniques, measurement and scaling (such as the Likert scale), questionnaire design, data analysis, and writing a market research report.

Charts and tables are used throughout the text, and abstract concepts are always explained with direct and easily-applied examples.

Preface

The field of marketing has experienced unprecedented developments in the 20th century which have continued at no lesser pace in the 21st century. Within the last few decades shifts have been observed in the marketing thought, marketing practice and every direct and indirect issue and function related to marketing. The constant shift in the field has led to many interesting developments including the field of marketing research.

Despite the accessibility and prevalence of research in today’s society, many people when asked, share common misperceptions about exactly what research is, how research can be used, what research can tell us, and the limitations of research. For some people, the term “research” conjures up images of scientists in laboratories watching guinea pig and chemicals experiments. When asked what is ‘marketing research’ people associate it with telemarketer surveys, or people approaching them at the local shopping mall to “just ask you a few questions about your shopping habits.” In reality, these stereotypical examples of research are only a small part of what research comprises. It is therefore not surprising that many students (and managers) are unfamiliar with the various types of research methods, the basics of how research is conducted, what research can be used for, and the limits of using research to answer questions and acquire new knowledge.

As an active researcher, academic, consultant and trainer, I find the students and managers I interact with struggling to understand the various issues associated with marketing research. When probed they express three major concerns: 1. incapability to comprehend research language used in most books; 2. the coverage of most books and its usage in real life; and 3. Relevance of the examples used. Most books in the subject area are comprehensive and cover the subject in minute details but majority of the time readers require an overview and not the most in-depth understanding of a specific phenomenon. The heavy emphasis on technical language and the little found use and relevance of the books disengages the readers from purchasing, reading and understanding the research books and in turn these readers remain distant from the research process.

Therefore, there seems a need for a research book which can cover the relevant issues in a simple and palatable form for the readers and make them engaged in the process of research. This book attempts to attend to the above stated issues by introducing technical and analytical concepts in a very accessible manner. Some of the readers may get really interested in the field of marketing research after reading this book and so this book can be called a primer and simple background for understanding advanced technical textbooks in the field.

There are eight chapters in this book, each of which focuses on a specific issue relating to the marketing research project. The first chapter introduces the marketing research process and discusses in details the scientific research approach and how to define the research problem. Chapter two and three explain the exploratory and conclusive research designs.

These chapters form the basis of the following chapters on sampling (chapter 4), measurement and scaling (chapter 5). Questionnaire building is discussed in details in chapter six followed by data preparation and preliminary data analysis (chapter 7). The last chapter focuses on report preparation and presentation issues.

Every attempt has been made to keep this compendium simple and accessible however sometimes the use of jargons (technical terms) becomes necessary. In such cases, examples have also been added to make it easier for you to understand the phenomenon.

At this juncture, I would like to thank Kristin and Johan at Ventus publications who motivated me for this endeavour from conceptualization to concretization. I also take this opportunity to thank my students, friends, and colleagues, who have created this learning experience for me. Their discussions, remarks and debates have helped me learn and share this learning with you via this compendium. My special thanks to Ekta, my wife, without whose sacrifice and constant support this compendium would not have seen the light of the day. Hence, I dedicate the book to her.

Brighton, 29 Oct, 2008

Paurav SHUKLA

Content

1. Introduction to marketing research: Scientific research approach and Problem definition
1.1 Introduction
1.2 Marketing Research
1.2.1 The need for marketing research
1.2.2 Marketing research defined
1.3 Scientific marketing research process
1.3.1 Phase wise marketing research process
1.4 Defining a problem
1.4.1 The importance of defining a right problem
1.4.2 Converting management dilemma into research question
1.5 What marketing research cannot do?
1.6 Conclusion

2. Exploratory research design
2.1 Chapter summary
2.2 Research design and its importance in research
2.3 Classification and differences between research designs
2.4 Exploratory research design
2.4.1 In-depth interviews
2.4.2 Focus groups
2.4.3 Projective techniques
2.5 Conclusion

3. Conclusive research design
3.1 Chapter summary
3.2 Conclusive research design
3.3 Descriptive design
3.3.1 Cross-sectional design
3.3.2 Longitudinal design
3.3.3 Advantages and disadvantages of cross-sectional and longitudinal designs
3.4 Causal design
3.5 Survey methods
3.5.1 Personal interviews
3.5.2 Telephone interviews
3.5.3 Mail interviews
3.5.4 Online interviews
3.6 Observation
3.6.1 Methods of observation
3.7 Conclusion

4. Sampling
4.1 Chapter summary
4.2 Importance of sampling in marketing research
4.3 Sampling: basic constructs
4.4 Determining sample size
4.5 Classification of sampling techniques
4.6 Probability sampling techniques
4.6.1 Simple random sampling
4.6.2 Systematic random sampling
4.6.3 Stratified sampling
4.6.4 Cluster sampling
4.7 Nonprobability sampling techniques
4.7.1 Convenience sampling
4.7.2 Judgement sampling
4.7.3 Quota sampling
4.7.4 Snowball sampling
4.6 Selecting an appropriate sampling technique
4.7 Conclusion

5. Measurement and scaling
5.1 Chapter summary
5.2 Importance of measurement and scaling in marketing research
5.3 Scales of measurement: fundamental properties
5.3.1 Assignment property
5.3.2 Order property
5.3.3 Distance property
5.3.4 Origin property
5.4 Primary scales of measurement
5.4.1 Nominal scale
5.4.2 Ordinal scale
5.4.3 Interval scale
5.4.4 Ratio scale
5.5 Comparative and non-comparative scaling
5.6 Comparative scaling techniques
5.6.1 Paired comparison scaling
5.6.2 Rank order scaling
5.6.3 Constant sum scaling
5.6.4 Q-sort
5.7 Non-comparative scaling
5.7.1 Continuous rating scale
5.7.2 Itemized rating scale
5.7.2.1 Likert scale
5.7.2.2 Semantic differential scale
5.7.2.3 Stapel scale
5.8 Selecting an appropriate scale
5.9 Scale evaluation
5.9.1 Validity
5.9.2 Reliability
5.9.3 Generalizability
5.10 Conclusion

6. Questionnaire design
6.1 Chapter summary
6.2 Significance of questionnaire building
6.3 Process of questionnaire design
6.3.1 Specification of the information needed in researchable format
6.3.2 Selection of interview method
6.3.3 Determination of question composition
6.3.4 Determination of individual question content
6.3.5 Developing question order, form and layout
6.3.6 Pilot testing the questionnaire
6.4 Conclusion

7. Data preparation and preliminary data analysis
7.1 Chapter summary
7.2 Survey fieldwork and data collection
7.3 Nature and scope of data preparation
7.3.1 Editing
7.3.2 Coding
7.3.3 Data entry
7.3.4 Data cleaning
7.4 Preliminary data analysis
7.5 Assessing for normality and outliers
7.7 Hypothesis testing
7.7.1 Generic process for hypothesis testing
7.8 Conclusion

8. Report preparation and presentation
8.1 Chapter summary
8.2 Importance of marketing research report
8.3 Reporting the results: key issues to remember
8.4 Generic marketing research report
8.5 What not to do when writing reports
8.6 Report presentation
8.7 Conclusion

References

About the Author

http://www.pauravshukla.com

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Reviews

Trina R. Somers ★★★★★

The author is successful in presenting the ideas in its simplest manner. Books covering this subject would usually be technical and I'm very glad to learn the chapters with full comprehension.