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Marketing Research: BY Vijayananth P Iii Bba C
Marketing Research: BY Vijayananth P Iii Bba C
BY
V I J AY A N A N T H P
III BBA C
DEFINITION & MEANING
DEFINITION : Marketing Research may be defined as the systematic
gathering, recording and analysing of data about problems relating to the
marketing of goods and services under essentially non-recurring
conditions.
Cross-
Research sectional
design design
Descriptive
Conclusive research
Exploratory design
design Longitudina
l design
Objectives To provide insights and understanding of the To test specific hypotheses and examine
nature of examine marketing phenomena relationships
To understand
To measure
Characteristics Information needed may be loosely defined Information needed is clearly defined
Research process is flexible Research process is formal and structured
Unstructured and may evolve Sample is large and aims to be representative
Samples are small Data analysis is quantitative
Data analysis may be qualitative or
quantitative
Findings and results Can be used in their own right Can be used in their own right
May feed into conclusive research May feed into exploratory research
May illuminate some conclusive findings May set a context to exploratory findings
For example, ‘How did the Indian people rate the performance of Prime Minister
Narendra Modi in 2016?’ would be addressed using a cross-sectional design. A
longitudinal design, however, would be used to address the question ‘How did
the Indian people change their view of Prime Minister Narendra Modi during
her term of office?’.
CAUSAL RESEARCH
A type of conclusive research where the major objective is to obtain
evidence regarding cause-and-effect (causal) relationships. The concept of
causality requires some explanation. The scientific concept of causality is
complex.
‘Causality’ means something very different to the
average person on the street than to a scientist. A statement such as ‘X
causes Y’ will have the following meanings to an ordinary person and to a
scientist.
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