SlideShare a Scribd company logo
1 of 18
Download to read offline
Defining the Problem and
Determining Research Objectives
        PRESENTED BY:-
       Rohit Kumar(E-33)
  ASIA PACIFIC INSTITUTE OF
   MANAGEMENT STUDIES
         NEW DELHI
Differences Between Managers and Researchers




• Marketing managers and researchers see the
  world differently because they have different jobs
  to perform and their backgrounds differ markedly.
Differences Between Managers and Researchers
Define the Marketing Manager’s Problem:
       Questions Researchers Should Ask




Discussions often take place between managers
  and researchers to determine the problem.
  Researchers should ask questions relating to:
• Symptoms of the problem?
• Manager’s situation (history, products, mission,
  customer information, manager’s objectives,
  etc.)?
• Suspected causes of the problem?
Define the Marketing Manager’s
           Problem…Questions cont.




• Possible solutions to the problem?
• Anticipated consequences of tentative solutions?
• Manager’s assumptions about existing
  conditions and what will take place if solution is
  carried out?
• Adequacy of info on hand to specify research
  objectives (quantity, quality of info)
Decide When Marketing Research Is Warranted



• Four conditions when marketing research should
  likely be undertaken:
   • If it clarifies problems or investigates changes
     in the marketplace that can directly impact
     your product responsibility
   • If it resolves your selection of alternative
     courses of marketing action to achieve key
     marketing objectives
Decide When Marketing Research Is
              Warranted…cont.




• If it helps you gain a meaningful competitive
  advantage
• If it allows you to stay abreast of your markets
Define the Marketing Management Problem and
             Research Objectives


• Marketing Management Problem:
  • Symptoms of failure to achieve an objective
    are present. What should be done?
  • Symptoms of the likelihood of achieving an
    objective are present (opportunity
    identification). What should be done?
• Marketing Research Objectives:
  • Providing relevant, accurate, and unbiased
    information that managers can use to solve
    their marketing management problems
Defining the Marketing Management Problem


• Assess Manager’s Situation
Background of the product/service; company
  history, overall mission, marketing plans,
  managers objectives and her/his resources, etc.
• Clarify Symptoms
Symptoms are changes in the level of key indicators
  of company success. Examples include changes
  in sales volume, market share, profits, or dealer
  orders, also complaints and/or competitor actions
  could be indicators
Define the Marketing Manager’s Problem…cont.


• Pinpoint suspected causes of the problem.
   • Eliminating a symptom does not solve the
     problem.
   • For every problem, an underlying cause can be
     found.
   • A probable cause differs from a possible
     cause. Important to list all possibilities first.
• Specify actions that may alleviate the problem.
   • Solutions include any marketing action that
     may resolve the problem.
Define the Marketing Manager’s Problem…cont.



• Speculate on anticipated consequences of the
  action.
   • What will be the impact not only on the
     problem at hand but also throughout the
     marketing program if a specific marketing
     action is implemented?
   • What additional problems will be created if a
     proposed solution to the current problem is
     implemented?
Define the Marketing Manager’s Problem…cont.


• Identify the manager’s assumptions about the
  consequences.
   • Assumptions are beliefs that certain
     conditions exist or that certain reactions will
     take place if the considered actions are
     implemented.
   • Assumptions are the glue that holds the
     decision problem parts together.
   • Research may help eliminate or lessen a
     manager’s uncertainty.
Define the Marketing Manager’s Problem…cont.

• Assess the adequacy of information on hand to
  specify research objectives.
   • Information State: quantity and quality of
     evidence a manager possesses for each
     assumption
   • Information Gaps: discrepancies between the
     current information level and the desired level
     of information at which a manager feels
     comfortable resolving the problem at hand
   • Manager and researcher come to agree on
     research objectives based on the information
     gaps.
The Invitation to Bid and the Marketing Research
                      Proposal



• A marketing research proposal flows from an
  “invitation to bid” (ITB) or “request for proposal”
  ( RFP)
   • Both define the marketing management
     problem
   • Both specify the research objectives
   • The bid details the research method proposed
     by the researcher to accomplish the research
     objectives
The Invitation to Bid and the Marketing Research Proposal



• The problem statement for both identifies:
   • the company, division, or principals involved
   • the symptoms
   • the possible causes of the symptoms
   • the anticipated uses of the research
     information
• The research proposal ensures that the
  researcher and the manager see the problem in
  the same way.
The Invitation to Bid and the Marketing Research
                     Proposal:



• The proposal itemizes the information objectives
  agreed to by the manager and researcher.
• Constructs and operational definitions are
  specified.
   • A construct is a marketing term or concept
     that is involved in the marketing management
     problem (e.g. brand awareness, product
     knowledge, attitude, loyalty, satisfaction).
   • An operational definition describes how the
     researcher will measure a construct.
Formulate the Marketing Research Proposal:
Translate the Research Objectives to Be Researchable…cont.




 • Relationships are identified.
    • A relationship is a meaningful link believed to
      exist between two constructs (lower price is
      related to greater sales, higher exposure is
      related to greater awareness, etc.).
 • A model is decided.
    • A model connects constructs with
      understandable logic
The Invitation to Bid and the Marketing Research
                     Proposal:




• The proposed research method identifies data
  collection mode, questionnaire design, sample
  plan, and other aspects of the anticipated
  marketing research.

More Related Content

What's hot

tiến trình STP và chiến lược 4P của Vinamilk
tiến trình STP và chiến lược 4P của Vinamilktiến trình STP và chiến lược 4P của Vinamilk
tiến trình STP và chiến lược 4P của VinamilkNam Nguyễn
 
phân tích môi trường kinh tế vĩ mô tại Việt Nam
phân tích môi trường kinh tế vĩ mô tại Việt Namphân tích môi trường kinh tế vĩ mô tại Việt Nam
phân tích môi trường kinh tế vĩ mô tại Việt NamNguyễn Ngọc Hải
 
PHÂN TÍCH CHIẾN LƯỢC MARKETING DỊCH VỤ CỦA CÔNG TY CP TP DV TRÀ CÀ PHÊ VIỆT N...
PHÂN TÍCH CHIẾN LƯỢC MARKETING DỊCH VỤ CỦA CÔNG TY CP TP DV TRÀ CÀ PHÊ VIỆT N...PHÂN TÍCH CHIẾN LƯỢC MARKETING DỊCH VỤ CỦA CÔNG TY CP TP DV TRÀ CÀ PHÊ VIỆT N...
PHÂN TÍCH CHIẾN LƯỢC MARKETING DỊCH VỤ CỦA CÔNG TY CP TP DV TRÀ CÀ PHÊ VIỆT N...nataliej4
 
đề Cương quản trị chuỗi cung ứng preview
đề Cương quản trị chuỗi cung ứng previewđề Cương quản trị chuỗi cung ứng preview
đề Cương quản trị chuỗi cung ứng previewTrần Trung
 
Đề tài: Tìm hiểu mô hình chuỗi cung ứng của TH True Milk, HAY
Đề tài: Tìm hiểu mô hình chuỗi cung ứng của TH True Milk, HAYĐề tài: Tìm hiểu mô hình chuỗi cung ứng của TH True Milk, HAY
Đề tài: Tìm hiểu mô hình chuỗi cung ứng của TH True Milk, HAYViết thuê trọn gói ZALO 0934573149
 
Khảo sat ý kiến khách hàng về thương hiệu Biti's Hunter
Khảo sat ý kiến khách hàng về thương hiệu Biti's HunterKhảo sat ý kiến khách hàng về thương hiệu Biti's Hunter
Khảo sat ý kiến khách hàng về thương hiệu Biti's HunterThanh Phạm
 
Phân tích chiến lược sản phẩm Omachi
Phân tích chiến lược sản phẩm Omachi Phân tích chiến lược sản phẩm Omachi
Phân tích chiến lược sản phẩm Omachi TranKimNgan10
 
Luận văn: Nghiên cứu các yếu tố cấu thành giá trị thương hiệu sữa chua Vinami...
Luận văn: Nghiên cứu các yếu tố cấu thành giá trị thương hiệu sữa chua Vinami...Luận văn: Nghiên cứu các yếu tố cấu thành giá trị thương hiệu sữa chua Vinami...
Luận văn: Nghiên cứu các yếu tố cấu thành giá trị thương hiệu sữa chua Vinami...Viết thuê trọn gói ZALO 0934573149
 
Đề tài: Khảo sát chất lượng dịch vụ khách hàng tại công ty CoopMart, 9 ĐIỂM!
Đề tài: Khảo sát chất lượng dịch vụ khách hàng tại công ty CoopMart, 9 ĐIỂM!Đề tài: Khảo sát chất lượng dịch vụ khách hàng tại công ty CoopMart, 9 ĐIỂM!
Đề tài: Khảo sát chất lượng dịch vụ khách hàng tại công ty CoopMart, 9 ĐIỂM!Viết thuê trọn gói ZALO 0934573149
 
Giáo trình hành vi người tiêu dùng
Giáo trình hành vi người tiêu dùngGiáo trình hành vi người tiêu dùng
Giáo trình hành vi người tiêu dùngbookboomingslide
 
Chiến lược thâm nhập thị trường của công ty cổ phần thiết bị y tế Việt Nhật
Chiến lược thâm nhập thị trường của công ty cổ phần thiết bị y tế Việt NhậtChiến lược thâm nhập thị trường của công ty cổ phần thiết bị y tế Việt Nhật
Chiến lược thâm nhập thị trường của công ty cổ phần thiết bị y tế Việt Nhậtluanvantrust
 
Hướng dẫn làm báo cáo theo chuẩn ISO 5966
Hướng dẫn làm báo cáo theo chuẩn ISO 5966Hướng dẫn làm báo cáo theo chuẩn ISO 5966
Hướng dẫn làm báo cáo theo chuẩn ISO 5966Phu Nguyen
 
Tieu luan ve thuong hieu thoi trang canifa
Tieu luan ve thuong hieu thoi trang canifaTieu luan ve thuong hieu thoi trang canifa
Tieu luan ve thuong hieu thoi trang canifaHIEN NGUYEN SONG THANH
 
Bảng cau hỏi_khảo_sat_y_kien_người_tieu_dung_về_sản_phẩm_sữa_t
Bảng cau hỏi_khảo_sat_y_kien_người_tieu_dung_về_sản_phẩm_sữa_tBảng cau hỏi_khảo_sat_y_kien_người_tieu_dung_về_sản_phẩm_sữa_t
Bảng cau hỏi_khảo_sat_y_kien_người_tieu_dung_về_sản_phẩm_sữa_tNga Minh
 
Chiến lược kinh doanh chuỗi siêu thị Vinmart - hay
Chiến lược kinh doanh chuỗi siêu thị Vinmart - hayChiến lược kinh doanh chuỗi siêu thị Vinmart - hay
Chiến lược kinh doanh chuỗi siêu thị Vinmart - hayYenPhuong16
 

What's hot (20)

tiến trình STP và chiến lược 4P của Vinamilk
tiến trình STP và chiến lược 4P của Vinamilktiến trình STP và chiến lược 4P của Vinamilk
tiến trình STP và chiến lược 4P của Vinamilk
 
phân tích môi trường kinh tế vĩ mô tại Việt Nam
phân tích môi trường kinh tế vĩ mô tại Việt Namphân tích môi trường kinh tế vĩ mô tại Việt Nam
phân tích môi trường kinh tế vĩ mô tại Việt Nam
 
PHÂN TÍCH CHIẾN LƯỢC MARKETING DỊCH VỤ CỦA CÔNG TY CP TP DV TRÀ CÀ PHÊ VIỆT N...
PHÂN TÍCH CHIẾN LƯỢC MARKETING DỊCH VỤ CỦA CÔNG TY CP TP DV TRÀ CÀ PHÊ VIỆT N...PHÂN TÍCH CHIẾN LƯỢC MARKETING DỊCH VỤ CỦA CÔNG TY CP TP DV TRÀ CÀ PHÊ VIỆT N...
PHÂN TÍCH CHIẾN LƯỢC MARKETING DỊCH VỤ CỦA CÔNG TY CP TP DV TRÀ CÀ PHÊ VIỆT N...
 
đề Cương quản trị chuỗi cung ứng preview
đề Cương quản trị chuỗi cung ứng previewđề Cương quản trị chuỗi cung ứng preview
đề Cương quản trị chuỗi cung ứng preview
 
Đề tài: Tìm hiểu mô hình chuỗi cung ứng của TH True Milk, HAY
Đề tài: Tìm hiểu mô hình chuỗi cung ứng của TH True Milk, HAYĐề tài: Tìm hiểu mô hình chuỗi cung ứng của TH True Milk, HAY
Đề tài: Tìm hiểu mô hình chuỗi cung ứng của TH True Milk, HAY
 
Khảo sat ý kiến khách hàng về thương hiệu Biti's Hunter
Khảo sat ý kiến khách hàng về thương hiệu Biti's HunterKhảo sat ý kiến khách hàng về thương hiệu Biti's Hunter
Khảo sat ý kiến khách hàng về thương hiệu Biti's Hunter
 
Phân tích chiến lược sản phẩm Omachi
Phân tích chiến lược sản phẩm Omachi Phân tích chiến lược sản phẩm Omachi
Phân tích chiến lược sản phẩm Omachi
 
Luận văn: Nghiên cứu các yếu tố cấu thành giá trị thương hiệu sữa chua Vinami...
Luận văn: Nghiên cứu các yếu tố cấu thành giá trị thương hiệu sữa chua Vinami...Luận văn: Nghiên cứu các yếu tố cấu thành giá trị thương hiệu sữa chua Vinami...
Luận văn: Nghiên cứu các yếu tố cấu thành giá trị thương hiệu sữa chua Vinami...
 
Đề tài: Khảo sát chất lượng dịch vụ khách hàng tại công ty CoopMart, 9 ĐIỂM!
Đề tài: Khảo sát chất lượng dịch vụ khách hàng tại công ty CoopMart, 9 ĐIỂM!Đề tài: Khảo sát chất lượng dịch vụ khách hàng tại công ty CoopMart, 9 ĐIỂM!
Đề tài: Khảo sát chất lượng dịch vụ khách hàng tại công ty CoopMart, 9 ĐIỂM!
 
Giáo trình hành vi người tiêu dùng
Giáo trình hành vi người tiêu dùngGiáo trình hành vi người tiêu dùng
Giáo trình hành vi người tiêu dùng
 
Chiến lược thâm nhập thị trường của công ty cổ phần thiết bị y tế Việt Nhật
Chiến lược thâm nhập thị trường của công ty cổ phần thiết bị y tế Việt NhậtChiến lược thâm nhập thị trường của công ty cổ phần thiết bị y tế Việt Nhật
Chiến lược thâm nhập thị trường của công ty cổ phần thiết bị y tế Việt Nhật
 
Fpt shop
Fpt shopFpt shop
Fpt shop
 
Đề tài Marketing công ty Lock&Lock, dụng cụ gia đình, nhựa, HAY!
Đề tài Marketing công ty Lock&Lock, dụng cụ gia đình, nhựa, HAY!Đề tài Marketing công ty Lock&Lock, dụng cụ gia đình, nhựa, HAY!
Đề tài Marketing công ty Lock&Lock, dụng cụ gia đình, nhựa, HAY!
 
Hướng dẫn làm báo cáo theo chuẩn ISO 5966
Hướng dẫn làm báo cáo theo chuẩn ISO 5966Hướng dẫn làm báo cáo theo chuẩn ISO 5966
Hướng dẫn làm báo cáo theo chuẩn ISO 5966
 
Tìm hiểu quy trình quản lý chuỗi cung ứng cửa hàng McDonald's Việt Nam!
Tìm hiểu quy trình quản lý chuỗi cung ứng cửa hàng McDonald's Việt Nam!Tìm hiểu quy trình quản lý chuỗi cung ứng cửa hàng McDonald's Việt Nam!
Tìm hiểu quy trình quản lý chuỗi cung ứng cửa hàng McDonald's Việt Nam!
 
Tieu luan ve thuong hieu thoi trang canifa
Tieu luan ve thuong hieu thoi trang canifaTieu luan ve thuong hieu thoi trang canifa
Tieu luan ve thuong hieu thoi trang canifa
 
Chính sách thúc đẩy xuất khẩu cà phê Việt Nam sang Hoa Kỳ, HOT
Chính sách thúc đẩy xuất khẩu cà phê Việt Nam sang Hoa Kỳ, HOTChính sách thúc đẩy xuất khẩu cà phê Việt Nam sang Hoa Kỳ, HOT
Chính sách thúc đẩy xuất khẩu cà phê Việt Nam sang Hoa Kỳ, HOT
 
Xây dựng chiến lược kinh doanh của Công ty Công nghệ Tân Tiến
Xây dựng chiến lược kinh doanh của Công ty Công nghệ Tân TiếnXây dựng chiến lược kinh doanh của Công ty Công nghệ Tân Tiến
Xây dựng chiến lược kinh doanh của Công ty Công nghệ Tân Tiến
 
Bảng cau hỏi_khảo_sat_y_kien_người_tieu_dung_về_sản_phẩm_sữa_t
Bảng cau hỏi_khảo_sat_y_kien_người_tieu_dung_về_sản_phẩm_sữa_tBảng cau hỏi_khảo_sat_y_kien_người_tieu_dung_về_sản_phẩm_sữa_t
Bảng cau hỏi_khảo_sat_y_kien_người_tieu_dung_về_sản_phẩm_sữa_t
 
Chiến lược kinh doanh chuỗi siêu thị Vinmart - hay
Chiến lược kinh doanh chuỗi siêu thị Vinmart - hayChiến lược kinh doanh chuỗi siêu thị Vinmart - hay
Chiến lược kinh doanh chuỗi siêu thị Vinmart - hay
 

Similar to Defining the Problem and Determining Research Objectives

A Presentation on Marketing Research Problem & Developing an Approach
A Presentation on Marketing Research Problem & Developing an ApproachA Presentation on Marketing Research Problem & Developing an Approach
A Presentation on Marketing Research Problem & Developing an ApproachKurapatiSaipriyanka
 
Marketing research
Marketing research Marketing research
Marketing research SumitKangra
 
Mk0013– marketing research
Mk0013– marketing researchMk0013– marketing research
Mk0013– marketing researchRohit Mishra
 
Introduction To Marketing
Introduction To MarketingIntroduction To Marketing
Introduction To MarketingSubin Babu
 
Ms 6 marketing for managers
Ms 6 marketing for managersMs 6 marketing for managers
Ms 6 marketing for managerssmumbahelp
 
Marketing research (1)
Marketing research (1)Marketing research (1)
Marketing research (1)Pratik Dighe
 
Pcc mktg 25 chapter 2
Pcc mktg 25 chapter 2Pcc mktg 25 chapter 2
Pcc mktg 25 chapter 2Magiel Amora
 
Beware of Blunders: How to Optimize & Measure for Content Marketing Success
Beware of Blunders:  How to Optimize & Measure for Content Marketing SuccessBeware of Blunders:  How to Optimize & Measure for Content Marketing Success
Beware of Blunders: How to Optimize & Measure for Content Marketing SuccessN.A. McKee, MBA, MSM
 
MKT 421 GUIDE Education for Service--mkt421guide.com
MKT 421 GUIDE Education for Service--mkt421guide.comMKT 421 GUIDE Education for Service--mkt421guide.com
MKT 421 GUIDE Education for Service--mkt421guide.commamata42
 
What Are Problem Statements
What Are Problem StatementsWhat Are Problem Statements
What Are Problem StatementsStewart Rogers
 

Similar to Defining the Problem and Determining Research Objectives (20)

A Presentation on Marketing Research Problem & Developing an Approach
A Presentation on Marketing Research Problem & Developing an ApproachA Presentation on Marketing Research Problem & Developing an Approach
A Presentation on Marketing Research Problem & Developing an Approach
 
Ppt.file
Ppt.filePpt.file
Ppt.file
 
Marketing research
Marketing research Marketing research
Marketing research
 
Business research
Business researchBusiness research
Business research
 
Managing sales force
Managing sales forceManaging sales force
Managing sales force
 
Marketing Research
Marketing ResearchMarketing Research
Marketing Research
 
Marketing research process
Marketing research processMarketing research process
Marketing research process
 
Mk0013– marketing research
Mk0013– marketing researchMk0013– marketing research
Mk0013– marketing research
 
Marketing A1
Marketing A1Marketing A1
Marketing A1
 
Introduction To Marketing
Introduction To MarketingIntroduction To Marketing
Introduction To Marketing
 
Chapter1
Chapter1Chapter1
Chapter1
 
Ms 6 marketing for managers
Ms 6 marketing for managersMs 6 marketing for managers
Ms 6 marketing for managers
 
Marketing plan
Marketing planMarketing plan
Marketing plan
 
Lecture one
Lecture oneLecture one
Lecture one
 
Marketing research (1)
Marketing research (1)Marketing research (1)
Marketing research (1)
 
6 Strategic Product Management - Marketing Planning
6 Strategic Product Management - Marketing Planning6 Strategic Product Management - Marketing Planning
6 Strategic Product Management - Marketing Planning
 
Pcc mktg 25 chapter 2
Pcc mktg 25 chapter 2Pcc mktg 25 chapter 2
Pcc mktg 25 chapter 2
 
Beware of Blunders: How to Optimize & Measure for Content Marketing Success
Beware of Blunders:  How to Optimize & Measure for Content Marketing SuccessBeware of Blunders:  How to Optimize & Measure for Content Marketing Success
Beware of Blunders: How to Optimize & Measure for Content Marketing Success
 
MKT 421 GUIDE Education for Service--mkt421guide.com
MKT 421 GUIDE Education for Service--mkt421guide.comMKT 421 GUIDE Education for Service--mkt421guide.com
MKT 421 GUIDE Education for Service--mkt421guide.com
 
What Are Problem Statements
What Are Problem StatementsWhat Are Problem Statements
What Are Problem Statements
 

Recently uploaded

A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdftbatkhuu1
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaShree Krishna Exports
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...lizamodels9
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insightsseri bangash
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 

Recently uploaded (20)

A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdf
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in India
 
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
Call Girls In Holiday Inn Express Gurugram➥99902@11544 ( Best price)100% Genu...
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insights
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 

Defining the Problem and Determining Research Objectives

  • 1. Defining the Problem and Determining Research Objectives PRESENTED BY:- Rohit Kumar(E-33) ASIA PACIFIC INSTITUTE OF MANAGEMENT STUDIES NEW DELHI
  • 2. Differences Between Managers and Researchers • Marketing managers and researchers see the world differently because they have different jobs to perform and their backgrounds differ markedly.
  • 4. Define the Marketing Manager’s Problem: Questions Researchers Should Ask Discussions often take place between managers and researchers to determine the problem. Researchers should ask questions relating to: • Symptoms of the problem? • Manager’s situation (history, products, mission, customer information, manager’s objectives, etc.)? • Suspected causes of the problem?
  • 5. Define the Marketing Manager’s Problem…Questions cont. • Possible solutions to the problem? • Anticipated consequences of tentative solutions? • Manager’s assumptions about existing conditions and what will take place if solution is carried out? • Adequacy of info on hand to specify research objectives (quantity, quality of info)
  • 6. Decide When Marketing Research Is Warranted • Four conditions when marketing research should likely be undertaken: • If it clarifies problems or investigates changes in the marketplace that can directly impact your product responsibility • If it resolves your selection of alternative courses of marketing action to achieve key marketing objectives
  • 7. Decide When Marketing Research Is Warranted…cont. • If it helps you gain a meaningful competitive advantage • If it allows you to stay abreast of your markets
  • 8. Define the Marketing Management Problem and Research Objectives • Marketing Management Problem: • Symptoms of failure to achieve an objective are present. What should be done? • Symptoms of the likelihood of achieving an objective are present (opportunity identification). What should be done? • Marketing Research Objectives: • Providing relevant, accurate, and unbiased information that managers can use to solve their marketing management problems
  • 9. Defining the Marketing Management Problem • Assess Manager’s Situation Background of the product/service; company history, overall mission, marketing plans, managers objectives and her/his resources, etc. • Clarify Symptoms Symptoms are changes in the level of key indicators of company success. Examples include changes in sales volume, market share, profits, or dealer orders, also complaints and/or competitor actions could be indicators
  • 10. Define the Marketing Manager’s Problem…cont. • Pinpoint suspected causes of the problem. • Eliminating a symptom does not solve the problem. • For every problem, an underlying cause can be found. • A probable cause differs from a possible cause. Important to list all possibilities first. • Specify actions that may alleviate the problem. • Solutions include any marketing action that may resolve the problem.
  • 11. Define the Marketing Manager’s Problem…cont. • Speculate on anticipated consequences of the action. • What will be the impact not only on the problem at hand but also throughout the marketing program if a specific marketing action is implemented? • What additional problems will be created if a proposed solution to the current problem is implemented?
  • 12. Define the Marketing Manager’s Problem…cont. • Identify the manager’s assumptions about the consequences. • Assumptions are beliefs that certain conditions exist or that certain reactions will take place if the considered actions are implemented. • Assumptions are the glue that holds the decision problem parts together. • Research may help eliminate or lessen a manager’s uncertainty.
  • 13. Define the Marketing Manager’s Problem…cont. • Assess the adequacy of information on hand to specify research objectives. • Information State: quantity and quality of evidence a manager possesses for each assumption • Information Gaps: discrepancies between the current information level and the desired level of information at which a manager feels comfortable resolving the problem at hand • Manager and researcher come to agree on research objectives based on the information gaps.
  • 14. The Invitation to Bid and the Marketing Research Proposal • A marketing research proposal flows from an “invitation to bid” (ITB) or “request for proposal” ( RFP) • Both define the marketing management problem • Both specify the research objectives • The bid details the research method proposed by the researcher to accomplish the research objectives
  • 15. The Invitation to Bid and the Marketing Research Proposal • The problem statement for both identifies: • the company, division, or principals involved • the symptoms • the possible causes of the symptoms • the anticipated uses of the research information • The research proposal ensures that the researcher and the manager see the problem in the same way.
  • 16. The Invitation to Bid and the Marketing Research Proposal: • The proposal itemizes the information objectives agreed to by the manager and researcher. • Constructs and operational definitions are specified. • A construct is a marketing term or concept that is involved in the marketing management problem (e.g. brand awareness, product knowledge, attitude, loyalty, satisfaction). • An operational definition describes how the researcher will measure a construct.
  • 17. Formulate the Marketing Research Proposal: Translate the Research Objectives to Be Researchable…cont. • Relationships are identified. • A relationship is a meaningful link believed to exist between two constructs (lower price is related to greater sales, higher exposure is related to greater awareness, etc.). • A model is decided. • A model connects constructs with understandable logic
  • 18. The Invitation to Bid and the Marketing Research Proposal: • The proposed research method identifies data collection mode, questionnaire design, sample plan, and other aspects of the anticipated marketing research.