Introduction To Market Research July-August 2024 IMT - S
Introduction To Market Research July-August 2024 IMT - S
an introduction to an
industry
IMT Ghaziabad
August 2024
The Taste of Tears - 1989
- Hema Viswanathan and Jon E Rohde; formerly with IMRB and UNICEF respectively 2
Stages in research - for a “typical” study
Action based on
recommendations/insights
Marketer
Researcher 3
Qualitative & Quantitative Research
What makes
Which of three
a pack pack designs
Qualitative appear Quantitative best convey
“premium”? “premiumness” ?
Unstructured, flexible Larger sample
In depth More structured
No numbers (but….) Numerical, quantification possible
Can get behind barriers Estimation/prediction possible
Authenticity Comparison within- sub-groups; time
Can be exploratory (first
stage), or complementary,
or standalone
“Why do you use this “it’s not just the smell or Figure out the personality of
soap?:”.. one example price, but the gestalt of the product and you will
of a useless question” personality of the soap” understand how to market it
Smoking is symbolic
Baking is a symbol of
of virility…also a feminity…in a sense
legitimate excuse to like giving birth
..“” interrupt the day
..
Framing a
problem
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Types of issues or problems
Monitoring, understanding, “strategy”
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Some new trends in market research/ the use of technology in market research
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How the TV metering system works in India
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How can you get consumer response to ads, concepts, packs without
asking questions ?
Facial
recognition
Eye tracking
Neuroscienc
e
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Eye tracking- a brief history
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Modern eye tracking
Can work with alternative devices
o Screen based- a special camera observes the o Best when we want to study response to
eye and software works out where the gaze something on a screen
might be
o Wearable- eye tracking glasses; with built in
o For the real world e.g. supermarket, consuming
screen camera and microphone
media at home, etc
o Wearable- virtual reality headsets
o Screen based- using the computer (or
mobile’s) own webcam- which is used to
calculate the position of the eye o When lower accuracy is okay and larger scale
testing is required
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A simple example
Source: https://neilpatel.com/blog/eye-tracking-studies/
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Facial coding- an introduction
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Coding facial expressions- some examples
* Internet of things
Types of research problems
Research design- a
digression- on
questionnaire design*
s w er al l
ey c a n an n s wer
If t h n a
e, t h ey ca
thes qu es tion…
er
ano t h
Key tests of a question:
Will the respondent understand the question? ‘Validity’ Are we measuring what we
think we are measuring?
* Relevant for critical questions. Some questions may be there for other purposes
Types of research problems
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Primary versus Secondary research
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Some specialized, syndicated data sources
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Retail Audit
Retail Measurement Service (Nielsen)
Some key metrics : Distribution
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Not all chains agree. Those
who do Coop and who do not
Non Coop. (POS = Point of
Sale)
Consumer Panel
Kantar Worldpanel
Key features of the panel
o Sample of households recruited – agree to Over and above what you can get from the Retail
keep purchase records of the 100 odd Audit..(for example)
FMCG categories via purchase diary o Household penetration
o Monitoring a large number of categories with a common sample provides a rich database
o To boost the ecommerce purchase pickup in Panel, have added ecommerce buying households as
booster households. Dual interviewing in these households to capture the ecommerce purchases from
the person who is actually doing it and rest purchases from the housewife
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Thank you
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