PRINCIPLES OF MARKETING
Eighth Edition
Philip Kotler and Gary Armstrong
INTRODUCTION TO MARKETING
RESEARCH
Marketing Research
and
Information Systems
Nature of Marketing Research
• The emphasis in marketing is on the
identification and satisfaction of customer
needs.
• It is neeed information about customers
(how they will respond the products and
other marketing offering), competitors, and
other forces in market places.
• Information plays important role
The Importance of Information
Marketing
Environment
Why
Information Competition
Customer Is
Needs Needed
Strategic and tactical
Planning
Marketing Research and Marketing Information system
What is a Marketing
Information System (MIS)?
• Consists of people, equipment, and procedures to gather,
sort, analyze, evaluate and distribute needed, timely, and
accurate information to marketing decision makers.
• Function: Assess, Develop and Distribute Information.
Figure 1.3 A Typology of Business Decision Making
Definition of Marketing Research
The task of marketing research is to assess the
information needs and provide management with
relevant, accurate, reliable, valid, and current
information.
Marketing Research (MR) is the systematic and
objective identification, collection, analysis, and
dissemination of information for the purpose of
assisting management in decision- making related
to the identification and solution of problems and
opportunities in marketing.
What is underlying from the definition
• Marketing research is information oriented:
identification, collection, analysis, and
dissemination of information
• Marketing research is systematic: requires
systematic planning methodological
procedures.
• Marketing research is objective: provides unbias
and accurate information.
Classification of MR
1. Problem Identification 2. Problem Solving Research
Research
Identifies problems not yet Used once the problem has
apparent been identified
Often undertaken for survival Used in making decisions to
and long term growth of the solve problems
company
Several Topics of Marketing Research
Business trends research
Market characteristics research
Market potential research
Market share research
Image research
Sales analysis research
The Marketing Research
Process
Defining the Problem and the Research Objectives
Developing Approach to The Problem (theoretical framework,
research question, model, and hypotheses)
Developing Research Plan (design, method,
instruments,population and sample, technique of analyisis)
Data Collection
Interpreting and Reporting the Findings