mm(research).............. - copyyyyyyyyyyyy

Upload: ambydhanna22

Post on 30-May-2018

218 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    1/29

    Marketing Research

    Presented ByDhandeep Singh

    Roll no.-22

    Mba-1st sem.

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    2/29

    Definition of Marketing Research

    The collection, analysis and communication ofinformation undertaken to assist decision making in

    marketing

    The application of scientific research methods to obtainobjective information on peoples attitudes andbehaviour based usually on representative samples of

    the relevant populations

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    3/29

    Goal of Marketing

    ResearchTo provide:

    relevant

    accuratevalid

    and timely

    information to facilitate marketing decision

    making.

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    4/29

    Uses of Marketing Research

    Supplying information needs of marketing process

    To understand wider environment

    To understand customer needs

    To develop and test marketing strategies

    To evaluate marketing programmes (for instancepricing)

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    5/29

    Examples

    of Marketing Research To measure student satisfaction at University To understand the DMU (decision making unit) in

    the family holiday market

    To describe mens attitudes toward hair careproducts

    To determine if there is a relationship betweenlifestyle characteristics and buying organic food

    Understand how to sell more photocopiers

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    6/29

    Marketing Research

    Specifies the information necessary to addressthese issues

    Manages and implements the data collectionprocess

    Analyzes the results

    Communicates the findings and theirimplications

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    7/29

    Marketing ResearchProcess

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    8/29

    Classification OfMarketing Research

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    9/29

    Decision and Research

    Problems Develop package for new product

    Increase Repeat buying behaviour

    Introduce New Product

    Evaluate Effectiveness of variousdesigns

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    10/29

    Problem Definition

    Problem definition involves stating thegeneral problem (usually a marketingproblem) and identifying the specific

    components of the problem (informationrequired to address the marketing problem)

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    11/29

    Problem Definition - Example

    A car dealership has found that although the number of inquiriesand visitors to the showroom have remained the same to previousyear, sales and market share have fallen dramatically.

    This is the general marketing problem.

    External factors may be affecting this e.g. rise in number of carsbeing imported.The dealership wants to understand what is

    happening among the car buying public so it can take some actionto at least halt the sales decline e.g. What specific informationdo consumers seek when buying a car?, How do other dealershipscompare? These are the specific components of the problem

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    12/29

    Research Approach & Designs

    Research Design

    Exploratory Research Design Conclusive Research Design

    Descriptive Research Causal Research

    Cross-Sectional Design Longitudinal Design

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    13/29

    A Comparison of Basic ResearchDesigns

    Objective:

    Characteristics:

    Methods:

    Discovery of ideas

    Flexible, versatile.

    Front end research.

    Secondary data

    Describes market

    characteristics

    Prior formulation of

    hypothesis. Planned,

    structured design

    Surveys

    Exploratory Descriptive Causal

    Determine cause and effect

    Manipulate independent

    variables. Control of

    other variables.

    Experiments

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    14/29

    Differences BetweenExploratory and Conclusive

    Research

    Objective:Characteristics:

    Findings:

    Outcome:

    To provide insights, understandings.Information needed defined loosely.

    Research process flexible/unstructured.

    Sample is small and nonrepresentative.

    Analysis of primary data is qualitative.

    Tentative.

    Followed by conclusive research.

    Test hypothesis/examine relationships.Information needed is clearly defined.

    Research process is formal and structured.

    Sample is large and representative.

    Data Analysis is quantitative.

    Conclusive.

    Findings input into decision making.

    Exploratory Conclusive

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    15/29

    Data Collection

    Data

    Collection

    Primary Data Secondary

    Data

    Qualitative

    Data

    Quantitative

    Data

    Descriptive Causal

    Survey Data Observational

    & Other Data

    Experimental

    Data

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    16/29

    Primary Data Collection :UsesTopic Quantitative Research Qualitative Research

    Research enquiry Exploratory, descriptive and causal Exploratory and descriptive

    Nature of questions and

    responses

    Who, what, when where, why how many?

    Relatively superficial and rational responses.

    Measurement, testing and validation , Report

    making

    What, where ,when, why?

    Below the surface and emotional responses

    Understanding, exploration and idea generation

    Sample Size Relatively large Relatively small

    Data collection Not very flexible

    Interviews and observation

    Standardised

    More closed questions

    Flexible

    Interviews and observation

    Less standardised

    More open ended questions

    Data Numbers, percentages, means

    Less detail or depth

    High reliability, low validity

    Statististical inference possible

    Words, pictures

    Detailed and in-depth

    High validity, low reliability

    Statistical inference not possible

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    17/29

    Data Processing

    Decisions relation to data processingshould not take place after data hasbeen collected.

    Data processing includes: Datachecking, Cleaning, Editing, Coding and

    Transcribing(recording) and last Reportmaking.

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    18/29

    Analysis

    The purpose of data analysis is to produceinformation that will help address theproblem.

    This will be determined by the earlier stagesof the research design, the characteristics of

    the date, properties of statistical techniquesand the background of the researcher.

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    19/29

    CASESTUDY

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    20/29

    04/24/10

    vikram

    thadeshvar@

    hotmail.co

    m

    20

    Research

    for Head &

    Shoulder

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    21/29

    vikram

    thadeshvar@

    hotmail.co

    m

    Introduction

    Head & Shoulders is a brand of anti-dandruffshampoo produced by Procter & Gamble.

    Head & Shoulders is world's No.1 anti-dandruff shampoo. Its A

    powerful brand, this brand made its debut in India in 1997.

    In the highly competitive Indian shampoo market which is

    estimated to be worth around Rs 1800 core, Head & Shoulders is a

    major player in the Anti-Dandruff niche.

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    22/29

    vikram

    thadeshvar@

    hotmail.co

    m

    Objectives

    Understanding and analyzing research for Head &Shoulder

    Developing the Marketing Mix Strategies of Head &

    Shoulder

    Researching penetration of Head & Shoulder

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    23/29

    vikram

    thadeshvar@

    hotmail.co

    m

    Marketing Mix

    StrategyClean & Balanced Anti-dandruff Shampoo

    Refreshing MentholAnti-dandruff Shampoo

    Smooth & Silky Anti-dandruff Shampoo

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    24/29

    vikram

    thadeshvar@

    hotmail.co

    m

    Product MixClassic Clean Shampoo / Classic Clean 2n1

    Smooth & Silky Shampoo / Smooth & Silky 2n1

    Restoring Shine / Restoring Shine 2n1

    Refresh Shampoo / Refresh 2n1

    Sensitive Care Shampoo / Sensitive Care 2n1

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    25/29

    vikram

    thadeshvar@

    hotmail.co

    m

    Price Mix

    Different size of packet andprice

    4ml Rs. 1.5

    7.5ml

    Rs. 3 90ml Rs.

    60

    100ml Rs. 69

    200ml Rs. 121

    400ml Rs. 185

    At the time oflaunching it usedprice-qualityinferencestrategy.

    Currently it isusing referencepricing as well asvalue pricing.

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    26/29

    vikram

    thadeshvar@

    hotmail.co

    m

    Promotion Mix

    Hair Saloons

    TV advertisement

    Sports events

    Road shows

    Community & Blogs Different Sales Promotions

    Schemes

    Magazines

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    27/29

    vikram

    thadeshvar@

    hotmail.co

    m

    Positioning P&Gs anti-dandruff shampoo

    brand, Head & Shoulders, has ropedin actor Kareena Kapoor, Saif AliKhan and Priety Zinta as its newbrand ambassador.

    In its advertisements, Head &

    Shoulders introduces itself as apremium brand and uses the charmand beauty of beautiful models.

    Attractive Banners and Hoardingsare used extensively.

    Print media (News papers, lifletsand pamphlets etc.) is used withexclusive high resolution attractivemodels.

    The emphasized is on healthy, long

    and beautiful hair.

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    28/29

    vikram

    thadeshvar@

    hotmail.co

    m

    Recommendation

    According to the research done on consumerbehaviour by us consumer are happy with the brandbut the company need to increase more communitybased awareness and also by using blogs.

    Innovation, implementation, cost reduction to offerbest competitive price and execution should be thestrategy for continuation to be the market leader.

    But price of head & shoulder is little bit high, so theyshould try to reduce cost.

  • 8/9/2019 MM(Research).............. - Copyyyyyyyyyyyy

    29/29