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Marketing ResearchInternational Brands vs. Local Brands10/9/2011
Submitted to:Miss Saba Parvez
Submitted by:
Muhammad Ans ShamasFarrukh MughalMirza Zain Zain Hassan
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Project Proposal
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ContentsIntroduction .................................................................................................................................................. 3
Purpose ......................................................................................................................................................... 3
Research questions ....................................................................................................................................... 4
Methodology ................................................................................................................................................. 4
Qualitative research .............................................................................................................................. 4
Quantitative research ........................................................................................................................... 4
Sample size .................................................................................................................................................... 5
Timing............................................................................................................................................................ 5
Cost ............................................................................................................................................................... 5
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Project Proposal
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Introduction
As the world is turning into a Global Village and new products from abroad are finding their wayinto Pakistan. The trend of consumption by the nationals is rapidly being changed. They are
more inclined to buy foreign-made products rather than the local ones.
International brands are becoming more dominant against the local brands since our culture is
highly being influenced by the west. As global marketing e.g. advertisements, lifestyles, attitudes
has caused our consumer behavior and knowledge to change drastically, people are moving moretowards the foreign brands. It has now been observed that consumers buy foreign brands more
frequently than the local ones. They feel proud in purchasing imported goods which has
increased the power of global brands. If any bias resulting from these tactics is present in the
buying decision, then manufacturers, exporters, importers, distributors, and other channelintermediaries must pay close attention to how this affects their businesses and use proper
strategies to respond to this phenomenon.
It is a general perception that consumers consider only made in... factor while purchasing aforeign brand. But the fact is that there are various other factors involved in the process of
product evaluations, the Objectiveof this study is therefore to examine some of the influencessuch as consumer ethnocentrism, the role of social influences like advertising, celebrity
endorsements, peer groups and family in affecting consumers perception and evaluations of
these brands.
Both primary and secondary sources will be used for data collection such as questionnaires,
internet search, news paper and magazine articles.
Purpose
The purpose of this research is to determine:
What are the factors influencing consumers to buy international brands rather than thenational brands?
The Pakistani consumer buying behavior patterns, attitudes towards foreign and localbrands and the preference for foreign brands.
How local businesses can improve their products in terms of quality, durability andreliability to compete with foreign brands?
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Research questions
What are the reasons of consumer preference of Global brands over the local ones? What are the demographic characteristics of consumers who buy foreign brands more
frequently? Which product attributes are mostly considered by consumers when buying a brand?
Intrinsic or extrinsic?
What marketing strategies must be adopted by local marketers to compete with Globalbrands?
Our main focus for exploratory research will be on questions mentioned above. After the
completion of the exploratory research, the questionnaire will be designed according to findings
from the qualitative information.
Methodology
Since two types of studies are supposed to be conducted, qualitative and quantitative. Following
shows our techniques and ways by which we would be carrying the research:
Qualitative research
Internet Ac nielson reports Depth interviews Focus group Observational research Magazines and newspapers Articles by industry experts
Quantitative research
Surveys Sampling techniques Correlation analysis Hypothesis testing Sales analysis
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Sample size
5 focus groups (8 participants each) 100 survey questionnaires
TimingWeek Progress
Week1 Secondary data collection
Week2 Primary data collection
Week3 Research design
Week4 Qualitative data fieldwork
Week5 Qualitative analysis
Week6 Quantitative data fieldwork and analysis
Week7 Report writing and formatting
Week8 Final report presentation
Cost
Stationery expenses 2000 PKR Fuel expenses 8000 PKR Sundry expenses 6000 PKR Focus group 6000 PKR
Total 22,000 PKR