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Carlton Al-Moaibed
            Hotel


      Marketing Research Plan


Prepared by
Manal Assaad
Marketing Research
• Marketing Research is the process of systematic gathering,
  recording and analyzing of data relating to the marketing and
  consumption of a product (goods or services):
   –   Whether or not consumers would want a product.
   –   What type of promotion will be effective
   –   The functions or facilities a product should have
   –   What style, shape, color or form a product should take
   –   The price people would be prepared to pay for a product
   –   Where people would wish to purchase a product
   –   Information about consumers themselves
   –   What consumers buy at present
• The main benefit of marketing research is that it allows a business
  to make more informed decisions.
The Decision Making Process – The Role of
                           the Marketing Research




                Collect       Analyze     Choose
 Identify                                             Communicate
             Information    Information   a course                    Outcome
Objectives                                            and carry out
              and Ideas      and Ideas    of action
Identify Objectives
The Scope of Marketing Research

Areas of research     Possible elements to be considered
                      Identifying market trends
The Market            Identifying market segments
                      Building up a profile of potential / actual consumers
                      Analyzing their strengths and weaknesses
Competition           Finding information on competitors (prices, sales, etc.)
                      Analyzing the effectiveness of promotional materials
Promotion             Decide upon choice of media for promotions
                      Identifying consumer wants
The Product           Developing new ideas
                      Assessing consumer reaction to newly launched product
                      Discovering the value consumers place on the product
Pricing the product   Identifying the sensitivity of the demand for the product
                      to changes in its price
Collect Information and
          Ideas
Desk Research
•   It involves the use of Secondary Data. This is information which already
    exists in some form. It is not always in the desired form because it has
    been collected for other purposes. Therefore it needs to be adapted before
    it can be used.
•   Resources:
     –   Existing Market research reports.
     –   Sales figures (broken down to market segments)
     –   Reports from members of the sales force resulting from direct contact with customers
     –   Internet data.
     –   Information from competitors
     –   Government publications
     –   Data from customer services on complaints which have been received about a
         product/service.
     –   General publications (Newspapers, magazine articles, etc.)
Field Research
•   It involves collecting Primary Data. This is information that doesn’t already exist. It
    has to be collected by the researcher. Primary information can be used to gain
    marketing advantages over rival firms because they don’t have access to it.
    However, Primary data can be expensive and time consuming to collect.
•   Resources:
     –   Sampling Designs:
              Stratified Random Sampling: Proportional random samples from logical samples.
              Cluster Sampling: random samples from logical geographically dispersed clusters
              Multi-Stage Sampling: sampling following different stages until final sample.

•   Research design Specification:
     –   Quantitative Techniques: use of statistics.
              Questionnaires
              Scales
     –   Qualitative Techniques: comprehensive analysis.
              Personal Interviews
              Telephone Interviews
              Internet Surveys
              Focus Group
Analyze Information
Descriptive Techniques
•   Much of the information collected will be too detailed to be useful. It is
    necessary for this raw data to be organized into a form that can be used to
    make a decision effectively. Descriptive Techniques can be used to present
    the data in a more perceivable manner.
•   Methods:
     – Graphical Description:
            use graphs to summarize data
            examples: histograms, scattergrams, bar charts, pie charts
     – Tabular Description:
            use tables to summarize data
            examples: frequency distribution schedule, cross tabs
     – Parametric Description:
            estimate the values of certain parameters which summarize the data
                o   Central Tendency
                o   Statistical Dispersion
Descriptive Techniques - Sample
      Reviews of 26 Customers
20
18                                Nu. Of
16
14                                Comments
12
10
 8
 6
 4
 2
 0



                                Reviews on the Hotels:
                                Faisaliah Hotel (Riyadh), Carlton AlMoaibed
                                (Khobar),   Four    Seasons      Hotel   (Riyadh),
                                InterContinental Hotel (Riyadh), Le Gulf Meridien
                                Hotel (Khobar), Salaheldine Hotel (Riyadh),
                                Sheraton Riyadh Hotel & Towers (Riyadh),
                                AlGosaibi Hotel (Khobar), Marriott Hotel (Riyadh),
                                AlKhobar Holiday Inn (Khobar).
Choose a Course of
     Action
Making a Decision

Based on the Analysis report, a decision can be made and action
will be taken.
If a decision cannot be made effectively, the previous two stages of
the process (Collecting and Analyzing Information) will have to be repeated
to reach a decision.
The decision then will be communicated and carried out to arrive to
the desired outcome (achieve the set objectives)
Thank You

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Carlton Al Moaibed Hotel Market Research

  • 1. Carlton Al-Moaibed Hotel Marketing Research Plan Prepared by Manal Assaad
  • 2. Marketing Research • Marketing Research is the process of systematic gathering, recording and analyzing of data relating to the marketing and consumption of a product (goods or services): – Whether or not consumers would want a product. – What type of promotion will be effective – The functions or facilities a product should have – What style, shape, color or form a product should take – The price people would be prepared to pay for a product – Where people would wish to purchase a product – Information about consumers themselves – What consumers buy at present • The main benefit of marketing research is that it allows a business to make more informed decisions.
  • 3. The Decision Making Process – The Role of the Marketing Research Collect Analyze Choose Identify Communicate Information Information a course Outcome Objectives and carry out and Ideas and Ideas of action
  • 5. The Scope of Marketing Research Areas of research Possible elements to be considered Identifying market trends The Market Identifying market segments Building up a profile of potential / actual consumers Analyzing their strengths and weaknesses Competition Finding information on competitors (prices, sales, etc.) Analyzing the effectiveness of promotional materials Promotion Decide upon choice of media for promotions Identifying consumer wants The Product Developing new ideas Assessing consumer reaction to newly launched product Discovering the value consumers place on the product Pricing the product Identifying the sensitivity of the demand for the product to changes in its price
  • 7. Desk Research • It involves the use of Secondary Data. This is information which already exists in some form. It is not always in the desired form because it has been collected for other purposes. Therefore it needs to be adapted before it can be used. • Resources: – Existing Market research reports. – Sales figures (broken down to market segments) – Reports from members of the sales force resulting from direct contact with customers – Internet data. – Information from competitors – Government publications – Data from customer services on complaints which have been received about a product/service. – General publications (Newspapers, magazine articles, etc.)
  • 8. Field Research • It involves collecting Primary Data. This is information that doesn’t already exist. It has to be collected by the researcher. Primary information can be used to gain marketing advantages over rival firms because they don’t have access to it. However, Primary data can be expensive and time consuming to collect. • Resources: – Sampling Designs:  Stratified Random Sampling: Proportional random samples from logical samples.  Cluster Sampling: random samples from logical geographically dispersed clusters  Multi-Stage Sampling: sampling following different stages until final sample. • Research design Specification: – Quantitative Techniques: use of statistics.  Questionnaires  Scales – Qualitative Techniques: comprehensive analysis.  Personal Interviews  Telephone Interviews  Internet Surveys  Focus Group
  • 10. Descriptive Techniques • Much of the information collected will be too detailed to be useful. It is necessary for this raw data to be organized into a form that can be used to make a decision effectively. Descriptive Techniques can be used to present the data in a more perceivable manner. • Methods: – Graphical Description:  use graphs to summarize data  examples: histograms, scattergrams, bar charts, pie charts – Tabular Description:  use tables to summarize data  examples: frequency distribution schedule, cross tabs – Parametric Description:  estimate the values of certain parameters which summarize the data o Central Tendency o Statistical Dispersion
  • 11. Descriptive Techniques - Sample Reviews of 26 Customers 20 18 Nu. Of 16 14 Comments 12 10 8 6 4 2 0 Reviews on the Hotels: Faisaliah Hotel (Riyadh), Carlton AlMoaibed (Khobar), Four Seasons Hotel (Riyadh), InterContinental Hotel (Riyadh), Le Gulf Meridien Hotel (Khobar), Salaheldine Hotel (Riyadh), Sheraton Riyadh Hotel & Towers (Riyadh), AlGosaibi Hotel (Khobar), Marriott Hotel (Riyadh), AlKhobar Holiday Inn (Khobar).
  • 12. Choose a Course of Action
  • 13. Making a Decision Based on the Analysis report, a decision can be made and action will be taken. If a decision cannot be made effectively, the previous two stages of the process (Collecting and Analyzing Information) will have to be repeated to reach a decision. The decision then will be communicated and carried out to arrive to the desired outcome (achieve the set objectives)