Saturday, December 21, 2019

Designing The Data Collection Method For A Marketing...

While Market Researchers may not understand the complete environment in which the decision maker operates, it is imperative that the Market Research address the real decision problem and not simply a visible, but incorrect, aspect of it. A marketing research project can be viewed as a series of steps that includes formulating the problem, determining the research design, designing the data collection method, designing the forms, designing the samples, collecting data, analyzing and interpreting the samples, analyzing and interpreting the data and preparing and finalizing research reports. When the problem is formulated correctly research can provide important information including specifying the objectives of the research project. When formulating the problem the first role that market researchers take is finding the problem that is to be solved. First, a market research project can be viewed as a series of steps that includes formulating the problem, determining the research design, designing the data collection method, designing the forms, designing the samples, collecting data, analyzing and interpreting the samples, analyzing and interpreting the data and preparing and finalizing research reports. When the problem is formulated correctly research can provide important information including specifying the objectives of the research project (Iacobucci, D., Churchhill, Jr. G.A., 2010). Scenario A involves Cool Pool Supply manufacturer of swimming pool maintenanceShow MoreRelated6 STAGES OF MARKETING RESEARCH PROCEDURE1591 Words   |  7 Pagesdefines Marketing Research Procedure as â€Å"The scientific systematically procedure that includes the steps of problem definition, data collection, analysis and reporting of data and findings about certain issue if problem face by that organization†. 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