Q.6
Ans.
There are 6 steps in the simple linear marketing research process.
These are as follows :
Problem Definition
Understanding and defining the problem is key to the research
process. If it is not done well it can drift the research outcome.
This is the most important part of the process.
Research Approach Developed
What methods will be used in the study
Research Design Developed
This includes the blueprint or roadmap of the research. How to
collect data , where to collect the data.
Fieldwork or data collection
Whether qualitative or quantitative data to be collected , or it
can be interview or focused group study
Data Preparation and Analysis
Data collected will be in war form. SO data preparation is very
challenging and important to arrive at right conclusions. If it is
not done well there can be mistakes in outcome
Report preparation and presentation
This is the last step based on the data analysed.
Please specifically for market research the process the research
could be problem identification research or problem solving
research.
Problem identification research involves like market potential
research , sales analysis research, business trends research
etc.,
Whereas probem solving research includes cases like product
research, segmentation research, promotion research, distribution
research etc.,
6. Describe the steps in the simple linear marketing research process. 7. Explain why there may...
what are the six steps in the marketing research process? list and briefly describe each and its importance.
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