Professional Documents
Culture Documents
1 Market Research
1 Market Research
1 Market Research
Thursday January 19
MR NPD CB
• Data collection • Stereotype • Needs of TG
• Diverse personae
• Fear of change
BOP BM Promotion
• Budgets • Market entry • On the bandwagon
• Unrelated theme
• Lack of Creativity
• non cultural/ non religious
• One for all doesn’t work
• Media Accessibility
Information
Linked
Public Company
Consumers
Do marketers Create Needs?
Needs… not created
• Function of Senses
Needs • Inborn; inherent; Instinctive; natural
Demand Demand…influenced
• Analyse
Function • Explain
• Discover
• Generate
Utility • Ascertain
• Unearth
• Market Space
Influence • Customer insights
Strategic •
Plans Solutions
• SCM
A research agency
connect the marketer with the consumer
(in terms of information.)
The relationship between client, company and the research agency has evolved
MIP - Session #3
Saturday 25 November 2023
Qualitative (14%)
• IDI 14%
• GD 72%
• Other 14%
Quantitative (84%)
• Other 38&
• Online 25%
• Postal 6%
• F2F 12%
• Telephone 19%
Collectivistic societies:
Contributor
Information to selected Solution Trusted
Data Provider
Provider business Provider advisor
issues
Research New Product Development:
assessing new products through
Brand Health Tracking
understanding the performance of Profiling:
Objectives understanding various stages such
as concept testing, product testing
the brand
MDS Framework
understanding the target audience
through psychographic and
and copy testing. demographic profiling.
Meaningful, Different, Salient
Impact Evaluation:
Performance Management:
Pre and post-test evaluation where
small-scale research where
the organization needs to gauge
Market Sizing: performance evaluated where
the effect of the intervention. E.g.,
when need to understand market objective is to check that the
TVC campaign aimed at
potential and forecast sales. employees are following SOPs or
increasing brand recall… to
not. Mystery shopping falls in this
assess whether brand recall has
category as well.
increased or not.
Mystery shopping
Commonly used by banks and restaurants, to check the quality of customer
service provided by their staff. This research may be carried out immediately
VS after or before staff training.
Marketing
Shopnographies
Research Activities
A shopper is accompanied by a moderator during a shopping trip. The
moderator observes the shopping behavior and may ask probing questions
before, during, or after the trip. (Similar to ethnography only in a shopping
occasion)
Ethnographies
The central aim of ethnography is to provide rich, holistic insights into people’s
views and actions, as well as the nature (that is, sights, sounds) of the location
they inhabit, through the collection of detailed observations and interviews.
MIP - Session #4
Saturday 25 November 2023
Changes in client
markets
Key developments
Values & opinion
in MR
Meaningful Different
Salient
Delivers against Offers something
Comes to mind
functional & unique and is a
easily and quickly
emotional needs trend setter
Awareness
Affinity Unique Intensity
Knowledge,
Performance Usage & Customer
Market Sizing Attitudes &
Management: Attitudes Satisfaction:
Perception:
Brand health
Activities tracking
Mystery shopping SHOPNOGRAPHIES
Data Collection Data Analysis Privacy, Piracy;
use of
Challenge
• Change perception of chocolates as gift giving option on traditional
festivals
Dettol
Objectives
• Increase market share
• Equity association with mothers
Challenge:
• Make Dettol part of mother's repertoire of everyday
hygiene solutions.
Reem
Objectives
• Launch products in local consumer market.
• Generate awareness
• Inculcate trial
Challenge
• 40% rice production consumed domestically
• Branded/ packaged rice had 2% share of the domestic market.
Surf Excel
Objectives
• Motivate trial
• Increase purchase intent
• Increase Brand love/ relevance/ equity
Challenge
• Educate children that the true spirit of Ramadan is all about good
intentions; Prayer, abstinence, charity & fasting,
Tang
Objectives
• Extend usage Increase penetration
• Generate trial Establish credibility
• Make brand exciting
Challenge
• Increase consumption throughout the year
Walls
Challenge
• Build stronger relationships
• Make eating frozen dessert a daily habit
Objectives
• Increase consumption
• Inculcate habit of frequent consumption of in-home frozen desserts.