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UNIT – 2 Research Design UNIT – 2 Research Design

UNIT – 2 Research Design - PowerPoint Presentation

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UNIT – 2 Research Design - PPT Presentation

amp Data Collection Techniques Dr Md Sarwar Alam Assistant Professor Dept of Business Administration AMUCJM Syllabus Classification of Research Designs Exploratory Descriptive and Conclusive Research Designs ID: 929815

research data sectional design data research design sectional sample cross databases variables information secondary marketing collection amp longitudinal problem

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Slide1

UNIT – 2Research Design & Data Collection Techniques

Dr. Md.

Sarwar

Alam

Assistant Professor

Dept. of Business Administration

AMUCJM

Slide2

SyllabusClassification of Research DesignsExploratory, Descriptive and Conclusive Research Designs Causal ResearchSecondary Data – Nature, Sources and AdvantagesPrimary Data – Nature, Types, Means & Issues in Obtaining Primary Data

Slide3

Research DesignA Research Design is a framework or blueprint for conducting the marketing research project. Acts as a guide in collecting and analyzing data.Details the procedures necessary for obtaining the information needed to structure or solve marketing research problems.

Slide4

Components of Research Design

Slide5

Classification of Research DesignSingle Cross-Sectional Design

Multiple Cross-Sectional Design

Source: Malhotra

Research Design

Conclusive Research Design

Exploratory Research Design

Descriptive Research

Causal Research

Cross-Sectional Design

Longitudinal Design

Slide6

Exploratory Research DesignThe objective of exploratory research design is to provide insights into and understanding of business or marketing phenomena. It is the initial step in a series of studies designed to supply information for decision making. It is used in instances where; The subject of the study can’t be measured in quantitative manner

OR

The process of measurement cannot realistically represent particular qualities

E.g.

‘Atmosphere’ meant in a restaurant, ‘Satisfaction’ meant in case of a product or service category

Slide7

CONTINUEDCharacteristicsInformation needed is loosely definedFlexible and unstructured research processSmall and non-representative sample

Emphasis in the sampling procedure is focused upon ‘quality’ individuals. E.g. CEOs of airline industry.

Analysis of primary/secondary data is qualitative However, quantitative findings may also be used for exploratory purposes e.g. data mining.

Slide8

Uses of Exploratory ResearchTo obtain some background information where absolutely nothing is known about the problem area. To define problem areas fully and to formulate hypotheses for further investigation. To identify and explore concepts in the development of new product or forms of marketing communication.To identify relevant salient behavior patterns, beliefs, opinions, attitudes and to develop structure of these constructs.

To ‘data-mine’ or explore quantitative data to reveal unknown connections between different measured variables.

Slide9

ContinuedMethods of Exploratory ResearchSurvey of experts (Industry experts, Academicians)Pilot surveys (Small sample)Secondary data analyzed in a qualitative way

Qualitative research (Focus group, word association, depth interviews)

Quantitative exploratory multivariate methods

Slide10

Conclusive ResearchIts objective is to describe specific phenomena, to test specific hypotheses and to examine specific relationships.Its findings are used as input into decision makingCharacteristicsInformation needed is clearly defined.

Research process is formal and structured.

Sample is large and representative.

Data analysis is quantitative

Slide11

Descriptive Research It assumes that the researcher has much prior knowledge about the problem situation. It is characterized by the prior formulation of specific research questions and hypotheses.CharacteristicsInformation needed is clearly definedClear statement of problem

Works on specific hypotheses

Preplanned and structured

Slide12

ContinuedReasons for conducting Descriptive ResearchTo describe the characteristics of relevant groups, such as consumers, salespeople, organizations, markets etc.To estimate the percentage of units in a specified population exhibiting a certain behavior. To determine the perceptions of product characteristics. To determine the degree to which marketing variables are associated.

Slide13

ContinuedExamples of Descriptive ResearchMarket Studies (size of the market, purchasing power of consumers, availability of distributors, consumer profile)Market share studies (Proportion of sales of the companies)Image studies (Consumer perception of the firm and its product)Pricing studies

Advertising studies

Slide14

Cross-Sectional DesignsCross-sectional design: A type of research design involving the collection of information from any given sample of population only once. They may be either single-cross sectional or multiple cross-sectional designs. Single cross-sectional design

Only one sample of respondents.

Information is obtained from this sample only once.

Multiple cross-sectional design

Two or more samples of respondents.

Information from each sample is obtained only once.

Often, information from different samples is obtained at different times.

Slide15

Longitudinal DesignA fixed sample (or samples) of population elements is measured repeatedly on the same variables.A longitudinal design differs from a cross-sectional design in that the sample or samples remain the same over time.

Slide16

Cross-Sectional v/s Longitudinal DesignSample Surveyed at T1

Sample Surveyed at T

1

Same Sample also Surveyed at T

2

T

1

T

2

Cross- Sectional Design

Longitudinal Design

Time

Slide17

CONTINUEDCross-sectional design gives a snapshot of the variables of interest at a single point in time.Longitudinal study provides a series of pictures which give an in-depth view of the situation and the changes that take place over time. The sample of respondents who are chosen for longitudinal study is know as Panel.

Access Panel

is a particular type of panel which is made up of a pool of individuals or households who have agreed to be available for surveys of widely varying types and topics.

Slide18

Relative Advantages and Disadvantages

Slide19

Cross-sectional Design

Slide20

Longitudinal Design

Slide21

CONTINUEDLongitudinal data enable researchers to examine changes in behavior of individual units and to link behavioral changes to marketing variables like changes in advertising, packaging, pricing and distribution.The given example of longitudinal design gives valuable information on brand loyalty and brand switching

Slide22

Causal ResearchA type of conclusive research where the major objective is to obtain evidence regarding cause-and-effect (causal) relationships. Marketing decisions based on assumed causal relationships may not be justifiable.The validity of such causal relationships should be examined through formal research.

E.g. The common assumption that a decrease in price will lead to the increased sales and market share doesn’t hold in certain competitive environment.

Slide23

CONTINUEDCausal research is appropriate for the following purposes:To understand which variables are the cause (independent variables) and which variables are the effect (dependent variables) of marketing phenomena. To determine the nature of the relationship between the causal variables and the effect to be predicted. To test hypotheses.

Slide24

CONTINUEDExamplesTo assess the impact of FDI on the economic growth of India. To analyse the effects of re-branding initiatives on the levels of customer loyalty.To determine the impact of level of education on spending (Income as mediating variable)

Slide25

Research Design (Summarized)

Slide26

Primary & Secondary Data Primary data are originated by a researcher for the specific purpose of addressing the problem at hand.The collection of primary data involves all steps of the marketing research process.Secondary data are data that have already been collected for purposes other than the problem at hand. These data can be located quickly and inexpensively.

Slide27

Marketing IntelligenceMarketing Intelligence can be defined as qualified observations of events and developments in the marketing environment.Observations represent variety of types of data broadly concerned with environmental scanning. In many cases, the data is collected for purposes other than the problem at hand.

Slide28

CONTINUED

Slide29

Comparison Primary Data Secondary Data

Collection

purpose For the problem at

hand For

other problems

Collection process Very involved Rapid

& easy

Collection cost

High

Relatively low

Collection

time Long

Short

Slide30

Uses of Secondary DataIdentify the problemBetter define the problemDevelop an approach to the problemFormulate an appropriate research design (for example, by identifying the key variables)

Answer certain research questions and test some hypotheses

Interpret primary data more insightfully

Slide31

Criteria for Evaluating Secondary DataSpecifications & MethodologyData collection methodResponse rateQuality & analysis of dataSampling technique & Size

Questionnaire design

Fieldwork

Error & Accuracy

Examine errors in approach;

Research design

Sampling

Data collection & analysis

Slide32

CONTINUEDCurrencyTime lag between collection & publicationfrequency of updatesObjectiveWhy were the data collected?Dependability

Expertise, credibility, reputation, and trustworthiness of the source.

Slide33

Classification of Secondary Data

Secondary Data

Ready to Use

Requires Further Processing

Published

Materials

Computerized Databases

Syndicated Services

Internal

External

Slide34

Published Secondary SourcesStatisticalData

Guides

Directories

Indexes

Census Data

Other Government Publications

Published Secondary Data

General Business Sources

Government Sources

Slide35

Computerized DatabaseBibliographic Databases

Numeric Databases

Full-Text Databases

Directory Databases

Special-Purpose Databases

Computerized Databases

Online

Off-Line

Internet

Slide36

ContinuedBibliographic databases are composed of citations to articlesNumeric databases contain numerical and statistical information Full-text databases contain the complete text of the source documents comprising the database

Directory databases

provide information on individuals, organizations, and services

Special-purpose databases

provide specialized information

Slide37

Syndicated ServicesSyndicated services are companies that collect and sell common pools of data of known commercial value designed to serve a number of clientsSyndicated sources can be classified based on the unit of measurement (households/consumers or institutions) Household/consumer data may be obtained from surveys, diary panels, or electronic scanner services.

Institutional data may be obtained from retailers, wholesalers, or industrial firms.

Slide38

Thank You