a study on marketing research

Upload: maza-street

Post on 14-Apr-2018

216 views

Category:

Documents


0 download

TRANSCRIPT

  • 7/30/2019 A Study on Marketing Research

    1/68

    A STUDY ON MARKETING RESEARCH

    AT

    TRIGO SOFTWARE SOLUTIONS

    Submitted in partial fulfillment for the award of the degree

    MASTER OF BUSINESS ADMINISTRATION

    BY

    S.VICTOR GIDEON ISAAC

    (Reg. No: 55 04 120)

    St. JOSEPHS P.G COLLEGE

    (Affiliated to Osmania University)

    KING KOTI, HYDERABAD.

    (2004 2006)

  • 7/30/2019 A Study on Marketing Research

    2/68

    CERTIFICATE

    This is to certify that the project work entitled A study on

    Marketing Research at Trigo Software Solutions is a bonafied

    work submitted by S.VICTOR GIDEON ISAAC in partial

    fulfillment for the award of the degree of M.B.A in

    St.JOSEPHS P.G COLLEGE, KING KOTI, HYDERABAD

    (affiliated to Osmania university), during the year 2004-2006.

    Date:

    Place: Internal Guide

    ATIYA PARVEEN

    (MARKETING FACULTY)

  • 7/30/2019 A Study on Marketing Research

    3/68

    DECLARATION

    I, S.VICTOR GIDEON ISAAC here by declare that the project report

    entitled A STUDY ON MARKETING RESEARCH at TRIGO

    SOFTWARE SOLUTIONS, submitted to St. JOSEPHS P.G

    COLLEGE, KING KOTI, HYDERABAD in Partial fulfillment

    for the award of M.B.A is my original work & not submitted for the

    award of any other Degree, diploma, fellowship or other similar title or

    prize.

    PLACE: HYDERABAD

    DATE: (S.VICTOR GIDEON ISAAC)

    (55 04-120)

  • 7/30/2019 A Study on Marketing Research

    4/68

    ACKNOWLEDGEMENT

    A Prelude to this project report, I wish to express my sincere gratitudeto all, who guided me towards the successful completion of this project.

    I am very much indebted to Mr. G MADHUSUDHAN RAO and

    Mr.L.PAVAN KUMAR, DIRECTORS - TRIGO SOFTWARE

    SOLUTIONS for providing me an opportunity to do my project work in

    their esteemed organization. I would like to thank them for giving me

    permission for doing a project at Trigos premises.

    I extend my sincere gratitude to Ms.N.Sereesha, Executive of

    TRIGO SOFTWARE SOLUTIONS for her continuous encouragementand valuable suggestions and help for the completion of my project

    successfully.

    My grateful acknowledgements to the college head of the

    department, Mr. Nair, and guide Ms. Atiya Parveen, faculty of St.

    JOSEPHS P.G COLLEGE, KING KOTI, HYDERABAD for their

    valuable guidance, co-operation and timely advice, which helped me in

    following the correct procedure during the project work.

    Last but not least My sincere gratitude to the members of myfamily and friends, for their encouragement and co-operation without

    which this project work completion may not be possible.

    (S.VICTOR GIDEON ISAAC)

    Reg.No: 55-04-120

  • 7/30/2019 A Study on Marketing Research

    5/68

    CONTENTS

    1) INTRODUCTION

    2) COMPANYS PROFILE

    3) OBJECTIVES OF THE STUDY

    4) RESEARCH METHODOLOGY

    4.1) SAMPLE DESIGN

    5) LIMITATIONS OF THE STUDY

    6) REVIEW OF THE LITERATURE

    7) ANALYSIS & INTERPRETATION

    8) FINDINGS

    9) SUGGESTIONS

    10) ANNEXURE

    10.1) QUESTIONNAIRE

    11) BIBLIOGRAPHY

  • 7/30/2019 A Study on Marketing Research

    6/68

    CHAPTER I

    INTRODUCTION

  • 7/30/2019 A Study on Marketing Research

    7/68

    INTRODUCTION

    Definition of Marketing Research:

    Marketing research should be thought of as the systematic process of

    collecting, analyzing, and presenting objective, useful marketing information

    for assisting management in problem solving and decision making. It should

    help management to identify, service, and satisfy the needs and desires of its

    customers.

    Marketing Research Overview

    This section is designed to provide a broad overview of marketing research.

    More specific research questions can be answered by calling your nearest

    Information Research Services office. The advantages and disadvantages of

    the major data collection techniques are outlined, as well as the general

    process for conducting a research study.

    WHEN TO CONDUCT RESEARCH

    The correct timing of a study can be critical to the value of the results.

    Studies conducted right after a price increase, for example, can distort

    people's attitudes and opinions from their norm. Likewise, studies conducted

    in good times will understate the negative feelings held by customers.

    In addition, management must be ready and willing to accept the research and

    make decisions, or the research has no value. We've found the following table

    to be helpful in answering the "to research or not to research" questions.

    When Not to Consider Marketing Research

    When you honestly know (not just think you know) what you need to know

    to make a decision.

    When relevant secondary information already exists.

  • 7/30/2019 A Study on Marketing Research

    8/68

    When you have less than one week to make a decision.

    When the cost of research exceeds the payoff if your un-researched decision

    produces negative results when the purpose and objectives for the study are

    unclear.

    When to Consider Marketing Research

    When you lack all the information you need to make a decision.

    When you are weighing alternatives.

    When there is conflict in the organization about which direction to take.

    When you detect symptoms of problems from your customer base.

    When you embark on something different, such as new products or new

    advertising campaigns.

    When you have more than one week to make a decision.

    When there is a clear understanding about the purpose and objectives of the

    study.

    The Research Process

    The key research steps include developing an understanding of the researchobjective, developing a research plan, implementing the research, developing

    a report designed to answer management's questions, and providing sound

    marketing recommendations. We've found that following each step will yield

    a final report of superior quality that contains highly practicable results on

    which to base sound marketing decisions.

    Pre-research planning

    Clearly define the marketing objective the research should address. Developa specific research purpose and list of research objectives. Prioritize the

    research objectives and determine possible management action based on

    different data results.

    Technical Specifications

    Set measurable objectives that relate to a specific marketing objective.

  • 7/30/2019 A Study on Marketing Research

    9/68

    Specify methodology, sampling procedures, and quotas. Determine how the

    data will be processed and what cross-tabulations will be run. Set up the

    statistical analysis methods and how the data will be reported. Establish the

    cost / time parameters.

    Questionnaire Development

    Design the questionnaire based on the objectives. Review for biasing and

    leading questions, and for biasing question order. Pretest a draft of the

    questionnaire among respondents from the target market. Review the pretest

    results to see that the questions are clearly understood and that the proper

    types of responses are being gathered.

    Data Collection

    Set interviewing and quota control standards. Establish quality control

    measures. Randomly monitor telephone calls to review interviewer question

    presentation. Verify 20 percent of all calls for accuracy. Edit 100 percent of

    all surveys for completeness. Establish a coding plan for preparing the

    surveys for data processing.

    Data Processing

    Conduct the data entry and 10 percent verification. Conduct the firstcomputer run of data tables. Provide a quick top-line report of the data and

    develop the final computer report. Prioritize tabulation plan. Make the final

    computer run of data tables and conduct the appropriate statistical routines.

    Reporting Results

    Analyze data and draft the executive summary report. Develop

    recommendations and action plans based on research findings. Make

    presentation to key decision makers. Follow-up to help management get the

    most use out of the recommendations.

  • 7/30/2019 A Study on Marketing Research

    10/68

    MARKETING RESEARCH

    Research is the search for and retrieval of existing, discovery or creation of

    new information or knowledge for a specific purpose. Research has manycategories, from medical research to literary research. Marketing research

    (also called consumer research) is a form of business research. It is a form of

    applied sociology, which concentrates on understanding the behaviors,

    whims and preferences, of consumers in a market-based economy. Arthur

    Nielsen pioneered the field of marketing research as a statistical science with

    the founding of the Ac Nielsen Company in 1923.

    Other types of business research

    In addition to marketing research, other forms of business research include:

    Market research is broader in scope and examines all aspects of a

    business environment. It asks questions about competitors, market

    structure, government regulations, economic trends, technological

    advances, and numerous other factors that make up the business

    environment. (See Environmental scanning.) Sometimes the term

    refers more particularly to the financial analysis of companies,

    industries, or sectors. In this case, financial analysts usually carry out

    the research and provide the results to investment advisors andpotential investors.

    Product research - This looks at what products can be produced with

    available technology, and what new product innovations near-future

    technology can develop. (See New Product Development)

    Advertising research - These attempts to assess the likely impact of

    an advertising campaign in advance and also measure the success of a

    recent campaign.

  • 7/30/2019 A Study on Marketing Research

    11/68

    Marketing Research Applications:Product Research New Products | Existing Products & Services

    Product market research serves several goals: new product design and

    market validation research, or assessing existing products. The goal --

    and your overall positioning and market strategy -- drive our product

    research design. These steps show when product research may be needed

    to increase the probability of optimum decisions and successful market

    impact:

    Effective product market research -- for new products and existing products

    -- is well integrated with R&D and technical product design functions. For

    consumer or business B2B product market research, we take a globalapproach, incorporating appropriate market research at each design stage:

    The goal is to align astute technical product R&D, product innovation

    and design with market demand. We include in our services the following

    new product development and research services:

    Consumer product research

    Pricing research

    Concept testing

    Market testing

    Concept development

    Idea generation

    Branding research

    Market opportunity assessment

    Positioning research

  • 7/30/2019 A Study on Marketing Research

    12/68

    New Product Development Stages

    For new product development market research, the question becomes one of

    matching the stage of new product development with the right creative or

    product market research method. We provide consulting and specific new

    product research market research capabilities at each new productdevelopment stage.

    Product development market research methods and tools used may vary

    according to the product type, the extent of incremental change from other

    products, the investment and risk factors, and the costs of seeding the new

    product in the marketplace. See our FAQ discussion relating these product

    development stages to specific product research methods, and market

    research design approaches.

    New Product Development Stages

    1. Product & Market Opportunity Assessment

    2. Concept Generation

    3. Concept Evaluation

    4. Refine Product Concepts & Create Spin-offs

    5. Concept Testing

    6. Proto-type Development

    7. Pre-launch Market Tests

  • 7/30/2019 A Study on Marketing Research

    13/68

    Product development is a sequential decision process. It's a series of

    decisions, not one. It is key, therefore, to concentrate attention on the

    precise new product decision at hand, and think through the market research

    and creative tools needed for that stage.

    Advertising Research

    Advertising research design is determined by specific advertising goals and

    the stage of ad development, or campaign. We use a broad range of

    advertising research techniques including ad recall surveys, message and

    theme salience and impact measures, buying motivation and association

    with the ad message or positioning theme.

    Pricing Research

    Pricing research involves first a pricing strategy assessment supported by

    strong pricing research capabilities. Sound pricing market research

    requires a broad strategic perspective together with a focus on your

    pricing decision options. Our focus finds optimum price-product-feature

    configurations in the context of market positioning opportunities. For

    pricing studies, we employ both qualitative research and quantitative

    research tools.

    Pricing research usually concentrates on customers' sensitivity to pricing.

    This price sensitivity is driven by the nature of the market, the target withinthat market, the differentiation level of your product or service, and the

    value of your brand. If you are making decisions with pricing research about

    the overall price-feature offerings for your brand or product category, we

    recommend simultaneously addressing the brand-positioning question. As

    part of our Pricing Research services, we consult with you on the market and

    brand positioning issue, and your current stage in the decision process. Our

    discussion on the Decision Pathway shows how we view the strategy

    decision process.

    In the quantitative phases of pricing research, we may conduct marketsegmentation research, and positioning research which involves concept

    testing and price sensitivity conjoint analysis.

    Contact us to discuss your specific pricing decisions and how pricing

    research my enhance opportunities to maximize margins and profits with an

    optimum price-positioning strategy.

  • 7/30/2019 A Study on Marketing Research

    14/68

    Brand Positioning Research

    Brand positioning research -- when carefully designed and integrated with

    creative branding -- can uncover highly differentiated brand and marketpositions. Effective brand positioning research requires understanding

    the positioning concept, the marketplace, and the process needed to

    generate brand impact. We conduct brand equity and positioning

    studies in B2B, channel, and consumer market environments.

    Positioning Research Process

    Our brand positioning research approach and goals...

    Refine highly differentiating advertising themes, appeals and

    messaging...

    Employ the most appropriate market segmentation approach throughmarket segmentation research...

    Understand customer needs to discover high-impact brand positioning

    opportunities through staged qualitative, behavior research, market

    research ethnography, and quantitative research. ...

    Use Creative Branding Research -- driven by positioning research

    results -- to identify high-potential brand power, and creatively deliver

    a brand promise.

    Positioning Base Research

    Prior to conducting primary positioning research, we first take time to gauge

    your brand landscape. For client companies, we evaluate positioning

    assumptions and prior market structure studies, market segmentation

    information, branding research, client and competitive advertising, and

    competitive brand name architecture. We build hypotheses regarding the

    strength of comparative brands, their brand equity, acceleration of brand

  • 7/30/2019 A Study on Marketing Research

    15/68

    power, and how the market decision-makers -- consumers and B2B decision-

    makers and firms-- view the marketplace.

    As a part of the Positioning Base Research, we conduct far-reaching

    interviews with client management, field sales, product development and

    customer service staff. We talk to sales people in the channel about their

    own brand preferences and their perception of customers. We cap off

    Positioning Base Research with qualitative market research where we reach

    a small sample of client customers and those competitor-loyal customers.

    The purpose here is to refine hypotheses about how customers see and

    define the marketplace.

    Positioning Qualitative Research

    We employ a unique qualitative methods. Our typical starting point is a

    small sample round of depth interviews. In the beginning stages of a

    positioning study, this is an optimum method of qualitative marketresearch. Here, we use a non-directive design and style, combined with

    projective interviewing techniques to uncover buyer perceptions of the brand

    choices, and their differentiation qualities. We do not bombard respondents

    with a laundry list of questions, but rather, let them talk freely in a wide-

    ranging manner about their buying and use experience, and market

    perceptions. The focus here is to uncover the language about the choice

    dimensions on which buying decisions are made. Positioning relies upon a

    solid segmentation and market definition analysis.

    We may continue the qualitative exploration with a larger sampleusing an online qualitative time-extended method which combines

    both qualitative and quantitative assessments. If certain conditions

    exist, we may add focus group discussions to the qualitative market

    research work.

    Positioning Quantitative Market SurveyBrand Screening Survey: Test hypotheses developed from the Positioning Qualitative Research.

    These pertain to segmentation, strength of segment dimensions, andcategory perceptions and buyer attitudes.

    Screen positioning concepts using concept statements and appeal ratings

    to assess qualities of positioning distance, or differentiation power.

  • 7/30/2019 A Study on Marketing Research

    16/68

    See our Strategy Newsletter article discussion about finding and owning a

    market space as the basis of successful brand positioning. The issue is "How

    do we find and own a market space and build or rebuild a brand?"

    .

    Creative Branding Research

    Branding decisions drive branding marketing research and advertising

    tracking strategy. Corporate, product and advertising brand development

    is a mix of creativity and marketing information to uncover brand

    positioning opportunities in cluttered market spaces.

    Here's the flow for a brand development engagement showing the

    integration of creative and branding research.

    We manage the creative process recognizing the vastly different mindsets --

    creative and analytical -- required for brand positioning success. Branding

    research studies often begin with Brand Base research followed by Brand

    Qualitative research and targeted quantitative Brand Screening Survey

    studies.

    Brand Base Research

    Here we gauge the landscape evaluating existing available brandingresearch, client and competitive advertising, and brand name

    architecture. We seek to uncover existing comparative brand equity

    marketing information and knowledge. As a part of this brand equity

    discovery process, we conduct far reaching interviews with client

    management, field sales, product development and customer service

    staff. We talk to sales people in the channel about their own brand

  • 7/30/2019 A Study on Marketing Research

    17/68

    preferences and their perception of customers. We cap off Brand

    Base Research with an initial round of qualitative depth interviews or

    focus groups. This qualitative research has a branding and brand name

    equity focus. We typically include a small sample of client product

    customers and those loyal to competitor brands.

    Brand Qualitative Research

    we employ a unique qualitative methods. Our typical starting point is a small

    sample round of depth interviews. In the beginning stages of brand

    development, this method can be far more useful than focus groups which

    may come later. Here, we use a non-directive design and style, combined

    with projective interviewing techniques to uncover buyer motivations and

    brand perceptions. We do not bombard respondents with a laundry list ofquestions, but rather, let them talk freely in a wide-ranging manner about

    their brand experience with client brands and competitive brands. We may

    continue the qualitative exploration with a larger sample using an online

    qualitative time-extended method which combines both qualitative and

    quantitative assessments. If certain conditions exist, we may add focus

    group discussions to the qualitative market research work.

    Brand Screening Survey

    After Brand Generation Round 2, we typically implement a Brand

    Screening Survey: Test hypotheses developed from the Branding Qualitative

    Research. These pertain to segmentation, strength of brand and

    category perceptions, buyer attitudes and beliefs, and product

    behavior patterns.

    Screen positioning concepts using concept statements and

    appeal ratings

    Screen brand name and communications themes

    Evaluate linguistic considerations

    .

  • 7/30/2019 A Study on Marketing Research

    18/68

    Customer Satisfaction Research Surveys

    We view customer satisfaction research as a path to building customer

    loyalty. Our customer satisfaction measurement studies -- with two corecomponents -- are focused on building customer loyalty. An actionable

    and action oriented approach, our customer satisfaction consulting

    engagements help build customer loyalty, market share and competitive

    advantage in both consumer and B2B business markets.

    Customer Satisfaction Development Components

    Customer Satisfaction Decision Drivers

    Qualitative research uncovers the broad picture of how customers make

    purchase and repeat purchase decisions. We explore the product and

    company attributes, and we go the next step, to understand purchase and

    brand loyalty factors beyond attributes which affect customer satisfaction

  • 7/30/2019 A Study on Marketing Research

    19/68

    and customer loyalty. These may be the brand-product use application,

    emotional drivers, or external forces.

    Attribute Definition

    Before proceeding to quantitative customer satisfaction research, we identify

    and create core attribute factors which, based on preliminary findings,

    account for most of the differences in customer satisfaction levels.

    Opportunity Scanning

    Opportunity scanning asks the question, "What else?" "What are your core

    needs and what would be the ideal solution to those needs?" Here our

    qualitative research exploration uncovers possible emerging needs, and

    changing competitive factors. See how we think about the decision process

    and where opportunity scanning fits in the process as an important first step.

    Customer Satisfaction Measurement -- Static Measures

    Static customer satisfaction measurements are standard core quantitative

    survey measurements. They are termed "static" because they are used as

    constant comparative measures and are of our standard CSM research

    measurements.

    Brand-Company Attribute Ratings

    Specific product, brand or company attributes.

    Attribute Importance

    Reported or stated importance levels.

    Brand-Company Overall Ratings

    These are the global or "dependent" measures which are later correlated to

    attribute ratings and importance ratings.

    Brand-Company Loyalty

    Here we measure the stability of repeat purchase of the client product brandor company brand.

    Global Shift Expectations

    Over time, customer expectations change as competitors and technology

    enhance customer service and product quality. Performance which once

  • 7/30/2019 A Study on Marketing Research

    20/68

    would "exceed expectations" is today the norm. Here we assess how

    expectations are evolving.

    Brand Equity Research

    Brand equity research measures the breadth, reach, and depth of brand

    power and awareness for product, consumer, B2B, and corporate brand

    identity in your target markets. We use both standard and custom

    tailored brand equity survey measurements

    Brand equity research studies that our firm designs and conducts vary

    depending upon your company, business unit, or corporate objectives and

    the decisions that are driving the interest in brand awareness and equityresearch.

    Brand Equity Research Methods

    Brand equity market research methodology is straight-forward and our

    portfolio of marketing research tools and methods provide the needed range

    of measurements. As for any study, a brand equity study researchmethodology is driven by management and research objectives. While most

    brand equity research studies are viewed as quantitative market research

    tasks, we may recommend qualitative research if the goals include an

    exploratory research assessment or evaluation of brand naming alternatives.

  • 7/30/2019 A Study on Marketing Research

    21/68

    Full brand equity research studies often begin with Brand Base research

    followed by Brand Qualitative research and targeted quantitative Brand

    Equity Screening Survey studies. If the objectives are primarily for brand

    equity tracking, then we may proceed directly with a quantitative research

    design and execution.

    We build our brand equity research methodology from the following core

    components.

    Brand Base Research

    Here we gauge the brand equity landscape evaluating existing

    available research. Our review includes existing brand architecture of

    both client and competitive brands. We conduct far reaching

    interviews with client management, field sales, product development

    and customer service staff. We talk to sales people in the channelabout their own preferences and their perception of customers. We

    cap Brand Base Research with an initial round of qualitative depth

    interviews among a small sample of client product customers and

    those loyal to competitor brands.

    Brand Qualitative Research

    We employ a unique qualitative methods in brand equity research

    studies involving the exploration of branding options. Our typical

    starting point is a small sample round of depth interviews. In the

    beginning stages of brand equity development, this method can be far

    more useful than focus groups which may come later. Here, we use anon-directive design and style, combined with projective interviewing

    techniques to uncover buyer motivations and brand perceptions. We

    do not bombard respondents with a laundry list of questions, but

    rather, let them talk freely in a wide ranging manner about their brand

    experience with client brands and competitive brands. We may

    continue the qualitative exploration with a larger sample using an

    online qualitative time-extended method which combines both

    qualitative and quantitative assessments. If certain conditions exist,

    we may add focus group discussions to the qualitative market researchwork.

  • 7/30/2019 A Study on Marketing Research

    22/68

    Market Research Tools:

    Focus Group Research

    Focus group marketing research, in a marketing research plan is an excellent

    starting point for many firms' marketing studies. Focus group research,

    as with any marketing research method, has its appropriate place in the

    marketing analysis tool kit.

    Focus groups are often used by firms as a qualitative prelude to quantitative

    market studies, online surveys, phone surveys, and other quantitative

    market research. Focus group research is applicable to both business

    B2B marketing research, and to consumer research. For more details,

    see our discussion in our FAQ about "Qualitative versus Quantitative"

    market research methods.

    Customer "focused discussion groups" -- another term for "focus groups" --

    and the related qualitative research method, 'depth interviews', are especially

    useful in the early stages of strategy decision-making. At one time, focus

    group research studies for market research were considered to be one of the

    less costly marketing research methods. Today, however, alternate methods

    of getting inside the buyer's mind may offer equally rich, or better,

    marketing information at an overall lower cost.

    The main points here is the value of getting in-depth insight into the buyer

    belief and attitude structure, and use this insight for business strategydevelopment. For example, when scanning for strategic opportunities they

    can uncover important consumer and business buyer attitudes, beliefs, and

    behaviors that may precede an emerging trend. Non-directive techniques and

    projective research techniques are especially useful in defining buyer

    motivations.

  • 7/30/2019 A Study on Marketing Research

    23/68

    Focus groups are very different from survey research methods, yet

    marketing managers and executives can easily fall in the trap of making

    quant-like interpretations, e.g. adding up how many people said what and

    calculating percentages, etc. ad infinitum. Different from statistically reliable

    public opinion and market surveys, online surveys, and other quantitative

    techniques, these qualitative methods should not be used for market sizing,

    measuring consumer or B2B brand preference, brand position, customer

    satisfaction or buying or product usage behavior. They are best suited for

    uncovering the spectrum or range of views, beliefs, attitudes, opinions, and

    experiences. This helps build assumptions and generate ideas which may

    warrant further assessment.

    Aside from focus group discussions, other qualitative methods worthy of

    analysis are depth interviews either fact-to-face or by phone, content

    analysis and special observational qualitative methods such as ethnographicstudies. (Photo ethnography, for example, uses various methods to watch

    what people do e.g. store shopping, using products in their home, behavior

    during a sales call, etc.)

    While group discussions are very popular among qualitative techniques,

    there are many important "do's and don'ts". It is critical that the researcher

    knows how, when and where they can be used, and where they should be

    avoided. The January 2001 issue of the Strategy Newsletter updates the

    basics and some new issues brought on by the advent of online focus groups,

    and other tech offshoots.

    Market Surveys

    Market surveys include marketing research methods such as online surveys,

    phone surveys, focus groups, executive interviews, depth interviews, or

    photo-ethnography.

    Market research surveys are often designed for companies to assess buyer

    attitudes and behaviors for building or revising a marketing strategy, and

    creating a marketing plan. Market surveys can be either qualitative or

    quantitative.

    Type 1: Qualitative Market Research

  • 7/30/2019 A Study on Marketing Research

    24/68

    Type 2: Quantitative Market Research

    Chart: Market Survey Types

    Power Decisions Group has conducted hundreds of professional market

    surveys, both qualitative and quantitative, using expert market survey

    research controls to ensure accuracy, relevance and power for corporate or

    marketing strategy development.

    Type 1: Qualitative Market Research

    Qualitative market research means "quality." Conversely, and importantly,

    it does not mean "quantity." Qualitative research methods are designed to

    talk to a relatively few people in the target audience of interest. The purpose

    of qualitative research is to plumb the depths and range of buyer attitudes

    and beliefs, not to measure incidence, project, or forecast quantity.

    Popular qualitative market research methods include focus group studies,

    depth interviews triads (one interviewer, two respondents, and dyads (one

    interviewer, one respondent,) and observational techniques such as

    ethnography and, popular in marketing research, photo-ethnography.

    We include qualitative market research methods as "market surveys"

    because they offer a way to measure the market, again, in terms of depth and

    range of buyer perceptions and needs rather than quantity. Often market

    researchers and clients succumb to the temptation to inappropriately imputequantitative implications and projections based on this type of market

    survey.

    The level of professional quality and validity of results in Type 1 market

    surveys is driven by the design, interviewing experience of the moderator or

    principal interviewer, and the interpretation of results by the market research

    consultant or marketing analyst.

    Type 2: Quantitative Market Research

    Quantitative marketing research designs gauge, describe, and forecast

    quantity. Using a range of sampling strategies, quantitative market research

    studies often project results of quantitative market surveys to the entire

    marketplace. Popular quantitative market survey methods include online

    surveys, personal quantitative interviews, mail surveys, and telephone

    surveys. At Power Decisions Group, we recommend the data collection

  • 7/30/2019 A Study on Marketing Research

    25/68

    technique -- phone, face to face interviews, web interviews, traditional mail

    -- according to the research objective, time requirements, and quality control

    issues at play.

  • 7/30/2019 A Study on Marketing Research

    26/68

    CHAPTER II

    COMPANYS PROFILE

  • 7/30/2019 A Study on Marketing Research

    27/68

    COMPANYS PROFILE

    TRIGOis a leading software development company established in 1992

    (formerly called as paramount computers society) by group of software

    professionals who are into IT industry for past 12 years and served Major

    Corporate in USA, UK, Australia, Singapore and other countries. Trigo

    provides a wide range of software products and services for Indian and

    international markets.

    Recognizing our unique expertise and know-how, several major

    international corporations has selected Trigo as a partner for the

    development of innovative software products and support.

    Having a decade of experience in diversified Software development, we

    have worked out our development policies towards producing high-quality

    software solutions for affordable costs. Here are some of them:

    Understanding clients requirements

    Business requirement document

    Design specifications

    Prototype presentation

    Rigorous Testing Manage projects by following guidelines (Project management

    institution)

    Use of the latest technologies

    Unique graphic design

    Customer Satisfaction

    Trigo currently employees specialists in the fields of computer and software

    technologies, and Management. We employ young, ambitious ITprofessionals, committed to teamwork and rapid professional growth. With

    an excellent project record over the years, with highly experienced project

    managers (PMPs) project leaders and software developers, and with both

    domestic and international expertise, Trigo is well equipped to be your

    technology and business partner.

    Trigos extensive experience in working with foreign partners ensure

  • 7/30/2019 A Study on Marketing Research

    28/68

    establishment of reliable project management with our highly professional

    project management staff consisting of PMPs.

    Core values:

    Complete Customer Satisfaction We focus to understand our Customers

    needs and strive to deliver with quality to delight them by exceeding their

    expectations.

    People We value our People and are committed to training and developing

    them and instilling self-confidence in whatever they do to realize their fullest

    potential.

    Deliver Services on Time: We focus to deliver our quality services on time.

    Innovative Culture: We execute with simplicity and strive for continuous

    improvement to achieve excellence in everything we do.

    Professionalism: We uphold the highest standards of ethics and integrity.

    Community Service: We strive to be a good corporate citizen in every

    Community that we serve.

    VISION:

    To be one of the best Quality Enterprises Software Service Providers.

    MISSION:

    Fulfill customers needs with maximum satisfaction in quality, service and

    value, while continually increasing our value to our stakeholders; and

    provide growth opportunities for our people.

    THEIR TEAM:

    Trigo currently employees specialists in the fields of software technologies

    and Management. We employ young, ambitious IT professionals, committed

    to teamwork and rapid professional growth. With an excellent project record

    over the years, with highly experienced project managers (PMPs) project

    leaders and software developers, and with both domestic and international

    expertise, Trigo is well equipped to be your technology and business

  • 7/30/2019 A Study on Marketing Research

    29/68

    partner.Trigos extensive experience in working with foreign partners ensures

    establishment of reliable project management with their highly professional

    project management staff.

    Software development

    Trigo currently employees specialists in the fields of software technologies

    and Management. We employ young, ambitious IT professionals, committed

    to teamwork and rapid professional growth.

    With an excellent project record over the years, with highly experienced

    project managers (PMPs) project leaders and software developers, and with

    both domestic and international expertise, Trigo is well equipped to be your

    technology and business partner.

    Trigo provides software development services that deliver robust, scalable,

    and cost-effective software solutions. A team of top class professionals

    offers you proven expertise to ensure the quality and reliability of the

    products we develop for you.

    Software development services are available in the following areas:

    Custom Software.

    Client/Server Application Development.

    Component Based Software Development.

    Distributed Application Development.

    Database Design and Development.

    C++ Programming.

    Java Programming.

    Net Development

    Web Applications.

    Commerce Applications.

    Others:

    SASData Warehousing.

  • 7/30/2019 A Study on Marketing Research

    30/68

    NEXUS ZONE CONSULTANCY (WWW.NXZN.COM)

    Is the brain child of the highly competent Software Professionals who havepersevered with an excellent track record of over 12 years in the

    International arena of IT industry having catered to the needs of Major

    MNC's in USA, Australia, UK, Singapore and other countries.

    NXZN is the leading destination for jobseekers and employers. It is one of

    those corporate sectors, which had made its presence felt in the international

    market in a very short span of time.

    Recognizing our unique expertise and know-how, several major

    international corporations has selected NXZN as a preferred client for the

    HR Staffing and support services.

    We have a group of Intellectual Professionals who understand the Client's

    Needs and focuses on the Technical skills apart from ensuring the positive

    attitude and other qualities such as communication skills, presentation skills,

    and potentiality to achieve goals before introducing them to our clients. Our

    team is well equipped and result oriented to provide rapid access to the

    needed skills. We have a wide network of potential candidates whom we

    have sourced through various channels.

    Vision To be one of the best quality human resource providers to companies

    all around the world.

    Mission Exceed customer's Satisfaction in quality service and value, whilecontinuously increasing our value to our stakeholders and provide growth

    opportunities for our people.

    Our strength Customer satisfaction value our people deliver services on

    time, innovation, cultural Professionalism, community service and growth.

    MISSION STATEMENT

    Fulfill customer needs with maximum satisfaction in quality, service and

    value while continually increasing trigos value to their stakeholders; and

    provide growth opportunities for people.

  • 7/30/2019 A Study on Marketing Research

    31/68

    CHAPTER III

    OBJECTIVES OF THE STUDY

  • 7/30/2019 A Study on Marketing Research

    32/68

    OBJECTIVES OF THE STUDY

    1. To know the procedures of Trigo software solutions.

    2. To know the performance of career module, wide classifieds website

    of the company.

    3. To find out the customers interest for the websites.

    4 To understand the buying behavior of the consumer.

    5. To elicit the responses of consumers to the product.

    6. To know the sales position of Trigo software solutions.

    7. To know the sales of the companys products like career module, wideclassifieds, Andhra matrimony, wide jobs, nxzn & apna bazaar.

    8. To analyze the competitive products sales.

    9. To develop new markets.

    10.To find out ways to increase sales.

    11. To know the problems in the market.

  • 7/30/2019 A Study on Marketing Research

    33/68

    CHAPTER -IV

    RESEARCH METHODOLOGY

  • 7/30/2019 A Study on Marketing Research

    34/68

    RESEARCH METHODOLOGY

    METHODOLOGY OF THE STUDY:

    1. Primary Data.

    2. Secondary Data.

    The primary data was collected from the customers through

    structured questionnaire. As career module, wide classifieds & wide Andhra

    matrimony is more impulse selling product and has massive distribution

    networks. It was decided to get the feed back from the customers.

    The secondary data was collected from Magazines, journals,

    companys Websites and companys records.

    TYPE OF RESEARCH:

    Based on the objectives of the study the researcher used

    descriptive research method. Descriptive study is taken up when the

    researchers interested in knowing the present status regarding a particular

    area of interest. The conclusions are arrived at from the collected data.

    Statistical tools were used to analyze the data collected from the survey.

    INSTRUMENT DESIGN:

    In order to obtain information the researcher prepared a

    structured Questionnaire according to the need of the data from the

    respondent.

    SURVEY METHOD:

    A Survey was conducted among the customers in Hyderabad and

    secunderabad. The researcher personally met the customers, interviewedthem about the product.

    TABULATION:

    After the survey, the collected data was tabulated and classified.

  • 7/30/2019 A Study on Marketing Research

    35/68

    ANALYSIS AND INTERPRETATION:

    The collected information analyzed, tabulated and interpreted

    using statistical tools.

    FINDINGS:

    From tabulation and analysis of collected data, the researcher has

    some findings about the research problem.

    CONCLUSIONS/OBSERVATION:

    The researcher arrived at some conclusions from the findings

    of the study.

    SUGGESTIONS AND RECOMMENDATION:

    In the last step of the research process makes suitable suggestions

    and recommendations based on the findings and observations.

  • 7/30/2019 A Study on Marketing Research

    36/68

    SAMPLE DESIGN

  • 7/30/2019 A Study on Marketing Research

    37/68

    SAMPLE DESIGN

    SAMPLE UNIT:

    The study was conducted among different customers between the time

    period of March and April 2006.

    SAMPLE SIZE:

    A simple random sample of 30 consultancies was taken in twin cities.

    The consultancies were selected according to the convenience of the

    researcher.

    SAMPLE FRAME:

    The list of consultancies to be interviewed was chosen by the researcher.

    STATISTICAL TOOLS USED:

    1. Sample bar diagram:

    A sample bar diagram represents the magnitude of only variable.2. Pie diagram:

    In this, the circle is portioned into various sections representing the

    proportion of various components.

  • 7/30/2019 A Study on Marketing Research

    38/68

  • 7/30/2019 A Study on Marketing Research

    39/68

    LIMITATIONS OF THE STUDY

    1. Time factor is the main constraint for the study.

    2. Information collected from the professionals may be biased.

    3. The sample has been taken according to the judgment andconvenience of the researcher.

    4. The reactions and attitudes are subjected to change according

    to the time.

    5. The survey is restricted only to the sample taken.

    6. The information gathered was confined to only consultancies.

  • 7/30/2019 A Study on Marketing Research

    40/68

    CHAPTER VI

    REVIEW OF THE LITERATURE

  • 7/30/2019 A Study on Marketing Research

    41/68

    REVIEW OF LITERATURE

    CAREER MODULE:

    Career module is made for every companys website as it increases the

    Return on investment on manpower resources and much more. This module

    is implemented for only 8% of the companies.

    Web designers are those people who have only tactic websites, which may

    include flash link graphics and feedback forms. This does not require

    professional programming skills, project management skills, architecture

    skills and data base skills. But for every professional possesses all the above

    skills with him or her.

    Trigo software solutions is a team of professional from various software

    technologies having vast experience into IT industry over a period do 16

    plus years integrated under the banner of trigo software solutions for

    providing cutting edge technologies in software.

    Benefits of career module:

    1) Every advertisement in standard newspaper will cost minimum Rs10, 000

    where as career module is at surprising and affordable cost.

    2) Indirect marketing of website.

    3) Increase resumes database.

    4) Easy to use.

    Required infrastructure:

    1) Domain2) Web space (Min of 2 MB)

    3) Data base space (sql server)

  • 7/30/2019 A Study on Marketing Research

    42/68

    Functionalities of career module

    1) Display career on career page.

    2) More details for every job.

    3) Apply job for every job.

    4) Administrator login.

    5) Post jobs.

    6) Edit jobs.

    7) Delete jobs.

    SOME OF OUR PRODUCTS:

    1) www.nxzn.com

    2) www.wideclassifieds.com

    3) www.wide jobs.com

    4) www.wide Andhra matrimony.com

    For sample user section of career Module visit www.trigotech.com for more

    information contact us at 040-55847888

    Email: [email protected]

  • 7/30/2019 A Study on Marketing Research

    43/68

    Career module is created in Web site of the where the company can receive

    the clients information those interested can directly post the jobs resumes.

    The company instead of spending lot of money by publishing in the

    newspaper the least amount can be spent on the career model so that the

    clients can visit the site & post their resumes for the required job. Career

    model is valid for the period of one-year .It makes the company to feel

    convenient to take the interviews.

    Career model is where the clients are regularly posting their

    resumes. It helps the company to allot jobs at the specified rate. The salary

    also can be given for the jobs offered.

    Incentives at the given work level can be specified to the clients.

    The overall view is the company can aim towards the future goals at a faster

    rate. This model should be implemented so that the clients can meet the job

    requirements.

    Customers are benefited through this model because directlythey can post the resumes at a faster rate. Through this model the customer

    can be satisfied for the jobs specified. The market research of the product

    suggests that the company can make the career model site separately so that

    the product is specified for the customer complete satisfaction.

    Wide classifieds

    Were the company can have its separate Page for rupees 1200 per page it is

    visible throughout the world. It is best useful for foreigner who doesnt

    know about the city or places can know directly by wide classifieds.

    The details like about cinema halls, places to enjoy, hotels etc, services,

    contact us features can be briefly specified about the company. Company

    can have 2 to 3 pages also. Home, free registration, adv search, log in, log

    out can be listed on the page. Emergency lines, help lines, important

    numbers can specified with the required area selected.

    Wide classifieds is first of its kind and only online yellow

    pages whish binds all the people. This site concentrates upon

    interconnecting the various resources available and this makes it the only

    site specific and has the information. This helps the information providerthat goes a long way in making everyone access to information, faster and

    time effective. This is the perfect destination which caters to your needs at

    the same time provides you a platform to promote your own business

    interest.

  • 7/30/2019 A Study on Marketing Research

    44/68

    Wide classified:

    Wide classifieds is first of its kind and only online yellow pages, which

    binds all the people of Hyderabad in contrast with other classifieds which

    while speaking of global Indians makes your search a Herculean task. This

    site concentrates upon interconnecting the various resources available in

    Hyderabad and this makes it the only sites, which is specific to Hyderabad

    and have the complete information about the Hyderabad alone.

    In wide classifieds: -

    We provide information about the complete range of services to meet your

    specific needs of the following nature to say it in nutshell.

    Best of companies, jobs, business advertisements etc available atHyderabad.

    Best schools, colleges, tuitions, and distance education universities

    available at Hyderabad for your academic pursuits.

    Best professional support like doctors, lawyers, teachers, computer

    professional etc available at Hyderabad.

    Best super specialty hospitals. Medical care centers available atHyderabad to take care of your medical needs of every nature.

    An exhaustive information about restaurants, hotels resorts clubs

    available at Hyderabad for planning your joyful weekends.

    Real estates, vehicles, health, business services, computers pets and

    more.

    These are only some areas of our sites, which are very functional andvery specific to Hyderabad, which makes your search less tedious, and

    more time effective.

    Search simple and faster.

  • 7/30/2019 A Study on Marketing Research

    45/68

    S W O T A N A LY S I S

    Definition:

    SWOT is an abbreviation for Strengths, Weaknesses, Opportunities and

    Threats

    SWOT analysis is an important tool for auditing the overall strategic

    position of a business and its environment.

    Once key strategic issues have been identified, they feed into business

    objectives, particularly marketing objectives. SWOT analysis can be used in

    conjunction with other tools for audit and analysis, such as PEST analysisand Porter's Five-Forces analysis. It is also a very popular tool with business

    and marketing students because it is quick and easy to learn.

    The Key Distinction - Internal and External Issues

    Strengths and weaknesses are Internal factors. For example, strength could

    be your specialist marketing expertise. A weakness could be the lack of a

    new product.

    Opportunities and threats are external factors. For example, anopportunity could be a developing distribution channel such as the Internet,

    or changing consumer lifestyles that potentially increase demand for a

    company's products. A threat could be a new competitor in an important

    existing market or a technological change that makes existing products

    potentially obsolete.

    It is worth pointing out that SWOT analysis can be very subjective - two

    people rarely come-up with the same version of a SWOT analysis even

    when given the same information about the same business and its

    environment. Accordingly, SWOT analysis is best used as a guide and not aprescription. Adding and weighting criteria to each factor increases the

    validity of the analysis.

    http://www.tutor2u.net/business/strategy/PEST_analysis.htmhttp://www.tutor2u.net/business/strategy/porter_five_forces.htmhttp://www.tutor2u.net/business/strategy/porter_five_forces.htmhttp://www.tutor2u.net/business/strategy/PEST_analysis.htm
  • 7/30/2019 A Study on Marketing Research

    46/68

    SWOT Analysis: Lesson

    SWOT analysis is a tool for auditing an organization and its

    environment. It is the first stage of planning and helps marketers to

    focus on key issues. SWOT stands forstrengths, weaknesses,

    opportunities, and threats. Strengths and weaknesses are internal

    factors. Opportunities and threats are external factors. At the bottom

    of this page are FREE SWOT examples - so please read on

    .

    In SWOT, strengths and weaknesses are internal factors. For

    example:

    Strength could be: Your specialist marketing expertise.

    A new, innovative product or service

    Location of your business

    Quality processes and procedures

    Any other aspect of your business that adds value to your product

    or service.

    A weakness could be:

    Lack of marketing expertise

    Undifferentiated products or services (i.e. in relation to your

    competitors)

    Location of your business

    Poor quality goods or services

    Damaged reputation

    In SWOT, opportunities and threats are external factors. Forexample:

    An opportunity could be:

    A developing market such as the Internet.

    Mergers, joint ventures or strategic alliances

  • 7/30/2019 A Study on Marketing Research

    47/68

    Moving into new market segments that offer improved profits

    A new international market

    A market vacated by an ineffective competitor

    A threat could be: A new competitor in your home market

    Price wars with competitors

    A competitor has a new, innovative product or service

    Competitors have superior access to channels of distribution

    Taxation is introduced on your product or service

    A word of caution, SWOT analysis can be very subjective. Do notrely on SWOT too much. Two people rarely come-up with the same

    final version of SWOT. TOWS analysis is extremely similar. It simply

    looks at the negative factors first in order to turn them into positive

    factors. So use SWOT as guide and not a prescription.

    Simple rules for successful SWOT analysis

    Be realistic about the strengths and weaknesses of your

    organization when conducting SWOT analysis.

    SWOT analysis should distinguish between where yourorganization is today, and where it could be in the future

    SWOT should always be specific. Avoid grey areas.

    Always apply SWOT in relation to your competition i.e. better

    than or worse than your competition

    Keep your SWOT short and simple. Avoid complexity and over

    analysis

    SWOT is subjective.

    Once key issues have been identified with your SWOT analysis, they

    feed into marketing objectives. SWOT can be used in conjunction

    with other tools for audit and analysis, such as pest analysis and

    Porter's five forces analysis. So SWOT is a very popular tool with

    marketing students because it is quick and easy to learn. During the

    SWOT exercise, list factors in the relevant boxes. It's that simple.

  • 7/30/2019 A Study on Marketing Research

    48/68

    CHAPTER VII

    ANALYSIS & INTERPRETATION

  • 7/30/2019 A Study on Marketing Research

    49/68

    ANALYSIS AND INTERPRETATIONS

    1. Do you have a website?

    INTERPRETATION OF THE GRAPH:

    Among the respondents, 78% of respondents say that they are having a

    website and the remaining 22% of respondents are not having a website.

    YES 78

    NO 22

    78

    22

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    YES NO

    Series1

    DO YOU HAVE AWEBSITE

  • 7/30/2019 A Study on Marketing Research

    50/68

    If yes, what do you prefer?

    CAREER

    MODULE 42

    WIDE

    CLASSIFIEDS 15WIDE JOBS 9

    ANDHRA

    MATRIMONY 12

    42

    15

    9

    12CAREER

    MODULE

    WIDE

    CLASSIFIEDS

    WIDE JOBS

    ANDHRA

    MATRIMONY

    WHAT DO YOU PREFER

  • 7/30/2019 A Study on Marketing Research

    51/68

    INTERPRETATION OF THE PIE DIAGRAM:

    Among the respondents, 42% prefer career module, 15% prefer wideclassifieds, 9% prefer wide jobs & the remaining 12% prefer Andhra

    Matrimony.

    2. How did you know about Trigo software solutions?

    NEWS PAPERS &

    MAGAZINES 47

    ADVERTISEMENTS 14

    FRIENDS & ASSOCIATES 22

    OTHERS 17

  • 7/30/2019 A Study on Marketing Research

    52/68

    INTERPRETATION OF THE GRAPH:

    Most of the respondents got to know about Trigo software solutions through

    newspapers & magazines. 14%Respondents through advertisements, 22%

    through friends & associates and rest through other media.

    3. What is the media effectiveness in website purchase?

    47

    14

    2217

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    50

    NEWS PAPERS &

    MAGAZINES

    ADVERTISEMENTS FRIENDS &

    ASSOCIATES

    OTHERS

    Series1

    RESPONDENTS AWARE OF TRIGO

    SATISFACTORY 62

    DONOT KNOW 13

    DISSATISFACTORY 25

  • 7/30/2019 A Study on Marketing Research

    53/68

    INTERPRETATION OF THE PIE DIAGRAM:

    Respondents who purchased the website with the influence of media were

    satisfied, 25% do not know about the product & 13% weredissatisfied.

    4. Are you aware of career module in Trigo software solutions?

    6213

    25

    SATISFACTORY

    DONOT KNOW

    DISSATISFACTOR

    Y

    MEDIA EFFECTIVENESS IN WEBSITE PURCHASE

    YES 43

    NO 57

  • 7/30/2019 A Study on Marketing Research

    54/68

    INTERPRETATION OF THE GRAPH:

    Among the respondents, 43 % of respondents are aware of career module

    and the remaining 57 % are not aware of career module.

    5. Are you satisfied with the performance of career module?

    43

    57

    0

    10

    20

    30

    40

    50

    60

    YES NO

    Series1

    CAREER MODULE AWARENESS

  • 7/30/2019 A Study on Marketing Research

    55/68

    68

    21

    11

    0

    10

    20

    30

    40

    50

    60

    70

    80

    SATIS

    FIED

    DONO

    TKNO

    W

    UNSATIS

    FIED

    Series1

    SATISFACTION OF CAREER MODULE PERFORMANCE

    INTERPRETATION OF THE LINE DIAGRAM:

    Among the respondents, 68% were satisfied with the performance of career

    module, 21% do not know about the product & 11% were unsatisfied.

    6. PREFERENCES:

    SATISFIED 68

    DONOT KNOW 21

    UNSATISFIED 11

  • 7/30/2019 A Study on Marketing Research

    56/68

    ATTRIBUTES AGREE

    DONOT

    KNOW DISAGREE

    CAREER

    MODULE 69 22 9

    WIDECLASSIFIEDS 47 41 12

    WIDE JOBS 43 47 10

    ANDHRA

    MATRIMONY 49 31 20

    NXZN 57 26 7

    APNA BAZAR 63 24 13

    69

    4743

    49

    57

    63

    22

    41

    47

    3126

    24

    912 10

    20

    7

    13

    0

    10

    20

    30

    40

    50

    60

    70

    80

    CAREER

    MODULE

    WIDE

    CLASSIFIEDS

    WIDE JOBS ANDHRA

    MATRIMONY

    NXZN APNA BAZAR

    AGREE

    DONOT KN

    DISAGREE

    7. Do you know any other company selling websites?

  • 7/30/2019 A Study on Marketing Research

    57/68

    INTERPRETATION OF THE PIE DIAGRAM:

    Among the respondents, 53% of respondents know about other companys

    websites, and 47% do not know.

    YES 53

    NO 47

    53

    47

    YES

    NO

  • 7/30/2019 A Study on Marketing Research

    58/68

    CHAPTER VIII

    FINDINGS

    FINDINGS

  • 7/30/2019 A Study on Marketing Research

    59/68

    1. The career model helps the company to directly post their resumes.

    2. This model makes the company work easy so that the job details are

    known at the site.

    3. The company can aim the future goals of the organization.

    4. Site creation helps the company to have its website.

    5. The company can have its separate page logo displayed worldwide.

    6. Customer satisfaction & quality service is rendered by the employees.

    7. Innovative culture, rigorous testing helps in understanding the client

    requirements.

  • 7/30/2019 A Study on Marketing Research

    60/68

    CHAPTER XI

    SUGGESTIONS

    SUGGESTIONS

  • 7/30/2019 A Study on Marketing Research

    61/68

    1. TRIGOSOFTWARE should concentrate more on channel

    management as the distribution network is not good as compared to its

    competitors.

    2. It should motivate the good work done by the employees by providing

    good incentives.

    3. The company should improve marketing personnel for their products

    sale.

    4. Website should be designed at the target goals for customer

    satisfaction.

    5. Quality Service should be provided which creates value for further

    growth opportunities.

    6. Training exposure to be given to the employees for the product

    development.

  • 7/30/2019 A Study on Marketing Research

    62/68

    CHAPTER X

    ANNEXURE

  • 7/30/2019 A Study on Marketing Research

    63/68

    BIBLIOGRAPHY

  • 7/30/2019 A Study on Marketing Research

    64/68

    BIBLIOGRAPHY

    MARKETING RESEARCH --------------------------------- G.C BERI

    MARKETING RESARCH ------------------------------- GREEN & TULL

    MARKETING MANAGEMENT -------------------------------------RAMASWAMY

    NAMAKUMARI

    Web Sites:www.trigotech.com

    www.wideclassifieds.com

    www.nxzn.com

  • 7/30/2019 A Study on Marketing Research

    65/68

    QUESTIONNAIRE

  • 7/30/2019 A Study on Marketing Research

    66/68

    QUESTIONNAIRE

    1) Do you have a website in Trigo software solutions?

    a) Yes b) No

    If yes, what do you prefer in this website?

    a) Career module b) Wide classifieds c) Wide jobs

    d) Andhra Matrimony

    2) What are the facilities provided by websites of Trigo software

    solutions?

    ______________________________________________________

    3) How did you know about Trigo software solutions?

    a) Newspapers & magazines b) Advertisements

    c) Friends & Associates

    d) Others

    4) What is the media effectiveness in websites purchase?

    a) Satisfactory b) Do not know c) Dissatisfactory

    5) Are you aware of career module in Trigo software solutions?

    a) Yes b) No

    6) If yes what do you prefer in career module?

    ___________________________________

    7) Are you satisfied with the performance of career module?

    a) Satisfied b) Do not know c) Unsatisfied

  • 7/30/2019 A Study on Marketing Research

    67/68

    8) Preferences:

    ATTRIBUTES AGREE DO NOT

    KNOW

    DISAGREE

    Career Module

    Wide Classifieds

    Andhra

    Matrimony

    Wide Jobs

    Nxzn

    Apna Bazar

    9) Do you know any other company selling websites?

    a) Yes b) No

    If yes what, _________________________________

    10) What do you suggest to improve about Trigo software solutions?

    ___________________________________________________

    Signature

  • 7/30/2019 A Study on Marketing Research

    68/68

    CONCLUSION

    I targeted 30 companies as guided by Mr.Madhusudhan Rao, Director of

    Trigo to find out whether they have any software developed for their

    company and enquire about designing a website for their company.

    By targeting these companies I gained practical experience, but also got

    exposed to the intricacies involved in getting customers to a software

    development company like Trigo

    Moreover, in the discourse of the project, the company has gained a certain

    amount of publicity since I have created lot of awareness among people

    about the company.