Quantitative Marketing Research - Typical General Procedure

Typical General Procedure

Simply, there are five major and important steps involved in the research process:

  1. Defining the Problem.
  2. Research Design.
  3. Data Collection.
  4. Analysis.
  5. Report Writing & presentation.

A brief discussion on these steps is:

  1. Problem audit and problem definition - What is the problem? What are the various aspects of the problem? What information is needed?
  2. Conceptualization and operationalization - How exactly do we define the concepts involved? How do we translate these concepts into observable and measurable behaviours?
  3. Hypothesis specification - What claim(s) do we want to test?
  4. Research design specification - What type of methodology to use? - examples: questionnaire, survey
  5. Question specification - What questions to ask? In what order?
  6. Scale specification - How will preferences be rated?
  7. Sampling design specification - What is the total population? What sample size is necessary for this population? What sampling method to use?- examples: Probability Sampling:- (cluster sampling, stratified sampling, simple random sampling, multistage sampling, systematic sampling) & Nonprobability sampling:- (Convenience Sampling,Judgement Sampling, Purposive Sampling, Quota Sampling, Snowball Sampling, etc. )
  8. Data collection - Use mail, telephone, internet, mall intercepts
  9. Codification and re-specification - Make adjustments to the raw data so it is compatible with statistical techniques and with the objectives of the research - examples: assigning numbers, consistency checks, substitutions, deletions, weighting, dummy variables, scale transformations, scale standardization
  10. Statistical analysis - Perform various descriptive and inferential techniques (see below) on the raw data. Make inferences from the sample to the whole population. Test the results for statistical significance.
  11. Interpret and integrate findings - What do the results mean? What conclusions can be drawn? How do these findings relate to similar research?
  12. Write the research report - Report usually has headings such as: 1) executive summary; 2) objectives; 3) methodology; 4) main findings; 5) detailed charts and diagrams. Present the report to the client in a 10 minute presentation. Be prepared for questions.

The design step may involve a pilot study to in order to discover any hidden issues. The codification and analysis steps are typically performed by computer, using statistical software. The data collection steps, can in some instances be automated, but often require significant manpower to undertake. Interpretation is a skill mastered only by experience.

Read more about this topic:  Quantitative Marketing Research

Famous quotes containing the words typical and/or general:

    Sinclair Lewis is the perfect example of the false sense of time of the newspaper world.... [ellipsis in source] He was always dominated by an artificial time when he wrote Main Street.... He did not create actual human beings at any time. That is what makes it newspaper. Sinclair Lewis is the typical newspaperman and everything he says is newspaper. The difference between a thinker and a newspaperman is that a thinker enters right into things, a newspaperman is superficial.
    Gertrude Stein (1874–1946)

    Suppose we think while we talk or write—I mean, as we normally do—we shall not in general say that we think quicker than we talk, but the thought seems not to be separate from the expression.
    Ludwig Wittgenstein (1889–1951)