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Mini Lecture 7 Secondary Research Part 2 (Video)
Mini Lecture 7 Secondary Research Part 2 (Video)
Communications
Zaryab Sheikh
Challenges
• Kumar (2000) identifies five main challenges in planning
international marketing research. These include:
• Understanding similarities across nations so as to define a target
market;
• A lack of accurate secondary information;
• The high cost of conducting research, especially when primary data
is desired;
• Coordinating research efforts across nations, which involves
loosing control of not only the research process but translations as
well;
• Establishing comparability and equivalence in marketing research
instruments;
• Unavailable data: in many developing countries, quality secondary
data is often unavailable.
• Outdated data: some companies will provide country reports for
different countries which look very similar as they are based on the
same document but have been adapted for each country and can be
out of date by the time they are edited and published.
• Reliability of the data: before using quantitative data it is
important to know about the data collection methodology, the
purpose of the collection of the data, the consistency of the data
collection and the company responsible for collecting the data.
Government data can be ‘tampered with’ to show a more positive
view of a country, companies providing ad hoc quantitative market
data on your market segment will need to be clearly briefed to
provide reliable data.
• Different definitions: industry and product data classifications
need to be clearly understood as some country or research
companies have broader definitions which then make the data
unusable.
Challenges
Germany
France
USA
UK
Before embarking on Research, consider….
• UN comtrade analytics
Exporting to India
Secondary Research in International Markets
Benefits Drawbacks