Aug 21, 2014 Ahmed Sherif Abdel Halim El Seddik, ESLSCA 45A, Marketing Management, #19 P a g e | 1
Table of Contents TABLE OF CONTENTS .............................................................................................................. 1 1) THE CASE ............................................................................................................................. 2 1.1. Case Definition ............................................................................................................... 2 1.2. Answer Methodolgy........................................................................................................ 2 2) Marketing Research Definition ............................................................................................ 2 3) Marketing Research Process ................................................................................................ 2 4) Definfition of Quantitative and Qualitative research ........................................................ 3 4.1. Quantitative Research ..................................................................................................... 3 4.2. Qualitative Research ....................................................................................................... 4 5) Integration Between Quantitative and Qualitative Research ........................................... 4 5.1. Steps of Integrating Quantitative and Qualitative Research ........................................... 4 5.2. Supporting Marketing Decision Making by ................................................................... 4 5.3. Applicaion ....................................................................................................................... 5
Ahmed Sherif Abdel Halim El Seddik, ESLSCA 45A, Marketing Management, #19 P a g e | 2 1) The Case 1.1. Case Definition
How can we integrate quantitative and qualitative marketing research to support marketing decision making?
1.2. Answer Methodology
Marketing Research definition (Introduction) Draw The Marketing Research Process and the position of Taking Decision step in this process. Definition of the quantitative and qualitative research. Supporting Decision Making by Integration between quantitative and qualitative research.
2) Marketing Research definition (Introduction)
Marketing research is defined as the systematic design, collection, analysis, and reporting of data and findings relevant to a specific marketing situation facing the company. Spending on marketing research topped $28 billion globally in 2009, according to ESOMAR, the world association of opinion and market research professionals. 5 Most large companies have their own marketing research departments, which often play crucial roles within the organization. Procter & Gambles Consumer & Market Knowledge (CMK) market research function has dedicated CMK groups working for P&G businesses around the world to improve both their brand strategies and program execution, as well as a relatively smaller, centralized corporate CMK group that focuses on a variety of big-picture concerns that transcend any specific line of business. Marketing research, however, is not limited to large companies with big budgets and marketing research departments. Often at much smaller companies, everyone carries out marketing researchincluding the customers. Small companies can also hire the services of a marketing research firm or conduct research in creative and affordable ways, such as: 1. Engaging students or professors to design and carry out projectsCompanies such as American Express, Hilton Hotels, IBM, Mars. 2. Using the Internet A company can collect considerable information at very little cost by examining competitors Web sites, monitoring chat rooms, and accessing published data. 3. Checking out rivals Many small businesses, such as restaurants, hotels, or specialty retailers, routinely visit competitors to learn about changes they have made. 4. Tapping into marketing partner expertise
3) The Marketing Research Process Effective marketing research follows the six steps shown in below Figure as illustrated.
Ahmed Sherif Abdel Halim El Seddik, ESLSCA 45A, Marketing Management, #19 P a g e | 3 4) Definition of the quantitative and qualitative research Apparently after defining the problem and research objectives, as shown in the above figure, we must develop the most efficient plan for gathering the needed information and what that will cost. Suppose American made a prior estimate that launching in-flight Internet service would yield a long-term profit of $50,000. If the manager believes that doing the marketing research will lead to an improved pricing and promotional plan and a long-term profit of $90,000, he should be willing to spend up to $40,000 on this research. If the research will cost more than $40,000, its not worth doing. To design a research plan, we need to make decisions about the data sources, research instruments, sampling plan, contact methods and most important element research approaches which can divided into 2 main approaches as follows:
4.1. Quantitative Research
It is structured, formal and characterized by large sample size, using quantitative research method, such as formative surveys or available secondary research, when you need concrete numbers that measure information about a particular target market or a component of your marketing strategy. Everyone gets asked the same questions and the possible answers are limited so they can be measured, or Ahmed Sherif Abdel Halim El Seddik, ESLSCA 45A, Marketing Management, #19 P a g e | 4 quantified, allowing you to see meaningful differences and similarities. Techniques: questionnaire experiments and tests Advantages: Mainly numerical, More easily processed, for example: coding, Interpretation more objective Disadvantages: Not explanatory and lack depth
4.2. Qualitative Research
It is unstructured, flexible and characterized by small sample size which has research methodologies designed to provide the researcher with the perspective of target audience members through immersion in a culture or situation and direct interaction with the people. Techniques: Focus groups, observation Advantages: Depth and more explanatory Disadvantages: outcome not easily processed.
5) Integration between quantitative and qualitative research
We can combine these two approaches to produce insightful results for a business looking to learn more about customer opinions, preferences and reactions which leads to the support of marketing decision making. For example, before issuing a survey to gather quantitative results you will first want to find out more about what your customers consider to be important
5.1. Steps of Integrating quantitative and qualitative research
Collecting and analyzing both quantitative (closed-ended) and qualitative (open- ended) data Using rigorous procedures in collecting and analyzing data appropriate to each methods tradition, such as ensuring the appropriate sample size for quantitative and qualitative analysis Integrating the data during data collection, analysis, or discussion Using procedures that implement qualitative and quantitative components either concurrently or sequentially, with the same sample or with different samples Framing the procedures within philosophical/theoretical models of research, such as within a social constructionist model that seeks to understand multiple perspectives on a single issue.
5.2. Supporting Marketing Decision Making by
Comparing quantitative and qualitative data which are especially useful in understanding contradictions between quantitative results and qualitative findings as we can use qualitative data to explore quantitative findings and use qualitative data to augment a quantitative outcomes study. Reflecting participants point of view which give a voice to study participants and ensure that study findings are grounded in participants experiences. Providing methodological flexibility which have great flexibility and are adaptable to many study designs, such as observational studies and randomized trials, to Ahmed Sherif Abdel Halim El Seddik, ESLSCA 45A, Marketing Management, #19 P a g e | 5 elucidate more information than can be obtained in only quantitative research. Collecting rich, comprehensive data which mirror the way individuals naturally collect informationby integrating quantitative and qualitative data. For example, sports stories frequently integrate quantitative data (scores or number of errors) with qualitative data (descriptions and images of highlights) to provide a more complete story than either method would alone
5.3. Application
Two years ago P&G's baby care group was receiving conflicting data about its diaper line Pampers The design and technical data showed that P&G offered a range of sizes to satisfy developing babies' needs, but the sales data showed that P&G was losing market share when it came time for parents to purchase a new diaper size, particularly between two specific diaper sizes. Andrew Sauer, principal researcher for P&G, says that the brand had tried to tackle this problem before and that there were a lot of hypotheses and quantitative data behind the issue by the time it reached his desk. However, what the brand didn't have was the qualitative data to frame the quantitative data. So P&G engaged qualitative research technology provider Revelation Global to launch a three-month quantitative research study in May 2011. The study surveyed 12 geographically diverse mothers and followed them as their children transitioned between diaper sizes. To successfully capture moms' diapering mind-set, P&G needed to make as few interruptions as possible. Once a week P&G used Revelation Global's platform to ask the moms brief questions about their diaperingsuch as what baby products they bought or what they experienced with their babies' diapers that weekand about their child's life, such as did they reach any milestones? P&G also had the moms complete shopping assignments, answer multiple choice questions, respond to open- ended questions, and upload pictures of various diaper sizes. All of the interactions took place in the platform environment. The moms received an email notification every time a question or assignment was posted. P&G could give all participants the same question or assignment or it could assign a mom a particular one based on her previous responses. However, Sauer knew that keeping moms engaged for three months would be a challenge. So P&G provided a way for moms to communicate with each other within the platform. After a participant uploaded a response, other moms could read her answer and respond to it. Engagement wasn't the only secret to P&G's success. Sauer says that using a platform that allowed the moms to participate via any device that can access a Web browser also helped P&G gather participants' top-of-mind thoughts. For example, moms were asked if they had trouble finding the diaper products they needed for an in-store assignment. Being able to respond via their smartphones or tablets allowed moms to express their sentiments in the moment. Within about eight months after the study, P&G took the decision and created a new diaper size and changed the way it communicated diaper sizes on its packaging. Sauer says that P&G did see a bump in sales after Marking these Decisions, but Sauer says the biggest takeaway from P&G's story is the benefits of integrating qualitative and quantitative data.