Preview

Marketing Research Proposal

Good Essays
Open Document
Open Document
588 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Research Proposal
ANALYSE AND PRESENT RESEARCH INFORMATION

GENERAL * Marketing research is the systematic collection, recording and analysing of data that deal with the marketing of goods and services to determine the needs and wants of the customer and keeping up with the changes in customer behaviour. * Marketing strategy consists of selecting a target market and designing the “mix ” needs of that target market. * Marketers need information in order to develop, implement, and evaluate strategies. * Because marketing research attempts to predict human behaviour, it is not fool proof in its predictions.
TYPES OF MARKETING * Product Research * Pricing Research * Market Research * Promotion Research
THE INCREASED NEED FOR MATKETING INFORMATION STEMS FROM * Shortening of time span available for decision making * Marketing becoming broader and more complex * Increased emphasis on profit * Increasing consumer awareness and expectations * The information explosion
DATA TYPES AND COLLECTION
Primary data: Original information gathered specifically for this project
Secondary Data: Information that has already been gathered for some other purpose.

Secondary Data Sources: * Internal records/reports * Libraries * Governments * Trade, professional, and commercial organisations * Advertising media
Primary data collection methods * Survey – telephone, personal email * Observation – personal or mechanical * Experimentation *
MARKETING RESEARCH PROPOSAL 1. Executive Summary. Ideally 1 page – point form, The proposal should begin with a summary of the major points from each of the other sections, presenting an overview of the entire proposal. 2. Background. Why are you putting together this plan.. The background to the problem, including the environmental context should be discussed. 3. Problem Definition/Objectives of the research. Normally a statement of the problem including the

You May Also Find These Documents Helpful

  • Better Essays

    Marketing research is a broader aspect of the business that focuses on different thing such as the competitor, the product, the price and also the need for its product and identifies the possible way of how to stamp its market share in its industry (Howard, 2012). It focuses on market research of different types but the core type of marketing research is product research. The focal company in this task is Verizon Wireless that in the telecommunications industry.…

    • 1106 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Mark 373 Study Guide

    • 2453 Words
    • 10 Pages

    Marketing research- the systematic gathering, recording and analysis of information to help managers make marketing decisions.…

    • 2453 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Mkt/421 Dq Week 2

    • 917 Words
    • 4 Pages

    Marketing research is the process of determining exactly what the consumer wants. This would involve determining if there is adequate market space to bring in a new product. Marketing research also determines what is happening in the economy. So basically market research is the collection of information before beginning a product or service.…

    • 917 Words
    • 4 Pages
    Good Essays
  • Better Essays

    6. Your proposal should have a properly formatted A.P.A. title page. (You do not need a Table of Contents.)…

    • 633 Words
    • 3 Pages
    Better Essays
  • Powerful Essays

    Market Research is a systematic, objective collection and analysis of data about a particular target market, competition, and/or environment. It always incorporates some form of data collection whether it is secondary research (often referred to as desk research) or primary research which is collected direct from a respondent.…

    • 3039 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    The marketing environment is constantly changing and as marketers we need to monitor these changes through research. The research is not used to make decisions but to reduce the risk of making a wrong decision. For example Max Factor may decide to change the shade of its red lipstick after seeing that people don 't buy it as much as the red lipstick of Revlon, but unless they do marketing research they do not know whether this is because of the shade of the lipstick of any other reason. This would not only be an expensive mistake but they may also lose some of their current customers who do not like the new change. How can we know what it is that our customers want or need without asking them? Without research we will reduce our decisions to guess work.…

    • 1542 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Marketing Research Proposal

    • 3650 Words
    • 15 Pages

    This proposal aim to explore the perception and attitude toward current mobile platform and understand the motivation factors to use competitors’ application. Research objectives and question will be positioned in the proposal and hypothesizes are assumed based on those factors. Moreover, Customer satisfaction model and brand loyalty model will be conducted in order to outline a general context for research design. Both qualitative and quantitative researches are used to gather the sufficient and appropriate information for further analysis. A brief proposed analysis also will be given in the proposal. Furthermore, reporting, timing and budget are included for a clearly understanding of the schedule. In addition, the details of sampling methods can be found in the Appendix.…

    • 3650 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Indian fruit juice market is an unorganized and newly developing market. Only recently this sector is getting more organized and attracting more players in the market. Though the unorganized corner shop vendors dominate this market, Indian consumers are moving towards branded fruit juice because of their improvement in health consciousness. Indian fruit juice market is having a net-worth of 275 crores as of now and increasing at a rate of 35% to 40% per year. This study was conducted to identify the existing market structure, industry trends, existing players and their status in the market, growth possibilities and consumer behavior of existing fruit juice consumers. The study was conducted to understand the total market intelligence so that it can guide any new entrant in this sector in Indian market would get befitted. The study includes both primary and secondary research. Primary research was conducted across India. Primary research involves collecting information from both consumers and retailers so as to get better understanding about the market. This research report can serve as a guide for any new entrant who wants to enter in this fruit juice market in India. The report can also serve as a basic industry information resource.…

    • 568 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Marketing Research is the process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem.…

    • 454 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    The goal of marketing research is to provide the facts and direction that managers need to make their more important marketing decisions. Marketing research covers a wider range of activities. Such as…

    • 15293 Words
    • 62 Pages
    Powerful Essays
  • Satisfactory Essays

    1. What is a marketing research problem, and why it is important to define it correctly?…

    • 413 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Secondary data is information gathered for purposes other than the completion of a research project. A variety of secondary information sources is…

    • 1928 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    1. I hereby certify that I am the author of the attached item of coursework and that all materials from reference sources have been properly acknowledged.…

    • 1144 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Umbrella Branding of Amul

    • 694 Words
    • 3 Pages

    Customer Groups • • • • Controllable Marketing Variables •Product •Pricing •Promotion •Distribution Assessing Information Needs Consumers Employees Shareholders Suppliers Uncontrollable Environmental Factors •Economy •Technology •Laws & Regulations •Social & Cultural Factors •Political Factors…

    • 694 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Kotler 4th Chapter

    • 834 Words
    • 4 Pages

    Successful Marketing Managers need timely, accurate and actionable information about consumers, competition and their brands to assess past performance, plan future activities and take strategic decisions leading to successful product launch or increase growth of a brand.…

    • 834 Words
    • 4 Pages
    Satisfactory Essays