369x Filetype PPTX File size 0.05 MB Source: courseware.cutm.ac.in
‘Copyrighted content used under the
Fair Use exception for review and
commentary.
Copyright Disclaimer Under Section
107 of Copyright Act 1976, allowance
is made for fair use for purposes such
as criticism , comments, news
reporting, teaching scholarship and
research.
What are the steps in marketing
research?
There are six broad stages in the
marketing research process.
Stage 1 Problem Definition
Stage 2 Research Approach Developed
Stage 3 Research Design Developed
Stage 4 Fieldwork or Data Collected
Stage 5 Data Preparation and Analysis
Stage 6 Report Preparations and
Presentation
For defining the research problem in
marketing research, it requires
collection and analysis of published
information which are readily
available, interviews with experts
from industry and rounds of
discussions with the decision makers.
Once the research problem is defined,
then the selection, adaptation and
development of a framework based on
existing theory are done. This is called
the research approach.
After the approach is decided, as part
of the research design research
questions is set, research hypotheses
are formed, variables to be measures
is defined and appropriate scales for
measuring the variables is designed.
Then the data for the marketing
research project is collected either
from the primary source or secondary
source.
Once the data has been collected, its
verification, editing, coding and
transcription are done and it is called
data preparation. After it the
appropriate tools and techniques for
the analysis of data is employed.
Then finally, findings of the entire
project is documented in a written
report which is known as the
marketing research report that ideally
includes introduction to the research
problem, review of literature, research
design, analysis and findings etc.
So, these are the major steps involved
in marketing research. The feature
that is common for all forms of
marketing research is basically the
systematic enquiry of the study and
the steps in marketing research
ensures it.
no reviews yet
Please Login to review.