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Market Research Timeline
Market Research Timeline
Market Research Timeline
HISTORY
Marketing research as a science was born in the second half of the 19th century when
questionnaires began to be applied. In 1911 Charles Carlin of Curtis Publishing Group
founded the first marketing research department.
The use of surveys to find out consumer preferences became popular; after the Second
World War, marketing people incorporated the newly developed statistical sampling
techniques into market research. At the same time, a group of psychologists
experiments with groups of people under a series of stimuli to obtain information on
habits, expectations, etc.
LATE 40'S
Qualitative research is born. The post-war economic boom that favors market research,
parallel to the growth of production and sale of goods
In the 80's, the orientation towards production and sales gave way to consumer
orientation, which gained strength in qualitative research without displacing
quantitative research.
The intensification of competition that generates a variety of brands, products and the
massification of the Internet converge. Challenges and opportunities arise for
marketing people.
The challenge : Know the consumer better and anticipate their decisions with less error.
Opportunity: In the collection, transmission and analysis of data
CURRENT SITUATION
Change of Market Research focus : It goes from being a data collection tool to a
problem-solving instrument.
Importance of data quality : The quality of the information collected is taken into
account because without true information the research is useless.
EXPECTATIONS