COURSE OUTLINE OBJECTIVE: The objective of is this part is to provide an users perspective to the research process. It starts by differentiating the decision process from the research process. The first part focuses on the role that the marketer has to play during the research process to ensure information collected is appropriate for marketing decisions. The second part would discuss the different analysis techniques for marketing research. CLASS SCHEDULE
SESSION NO TOPIC & READINGS
1. An overview of the Research Process 2. Conceptualization of the research study Case: Rating of business schools. 3. Formulating Research Questions 4. Research Design 5. Cases Suncoast Bank and Brightface Toothpaste 6. Instrument and Questionnaire development Case: Wolff Drug Company 7. Qualitative Research 8. Sampling 9. Mid term 10. Case discussion: Hamilton Power tools. 11. Introduction to data analysis 12. Project proposals 13. Project proposals 14. Univariate analysis 15. Factor Analysis 16. Case: TV 17. Multi Dimensional Scaling 18. Discriminant Analysis 19. Cluster Analysis 20. Review
Assignment The assignment would simulate a competitive bidding situation. Two groups (of 5 members each) would bid for a research study. The teams are required to work independently and present a research proposal on a given problem. The topics would be assigned randomly to the groups. Process of Competitive bidding: The groups working on a topic would form the agency groups. 1. Two teams would act as clients for every problem. 2. The agency groups would make a formal presentation in front of the client groups. While an agency group is presenting the other group working on the same topic would not be allowed to sit inside the presentation room. The research proposal has to be submitted at the time of the presentation. 3. After all the agency groups make their presentations, the client groups would evaluate the agency groups and decide which agency group is the best (Please note that the client groups would be required to give a critique on the proposal (presentation). 4. The groups would be required to do exploratory study before formalizing the research proposal. 5. The proposals would be evaluated by the other groups on the following parameters: Conceptualization of the topic (5marks), formulating the research questions (5 marks), research design (5 marks), sampling (5 marks) presentation (5 marks) and report (5 marks). Topics: Engine oils for 2 wheeler and three wheelers have traditionally been sold loose at petrol pumps and branding was not important. However, presently a lot of advertising is seen for engine oils. The company wishes to study the impact of advertising on the purchase of engine oils. A US based trading house of branded (luxury/ extreme high end) cosmetics/ fragrances/ fashion accessories market very high-end luxury brands, through primary retail outlets in India. The company wishes to evaluate the success of the high end products launched/ marketed in India. In pure coconut oil segment it is difficult to differentiate amongst the brands on the basis of core product features. Moreover the positioning statements of the major brands are almost the same. All the brands advertise themselves as 100% pure coconut oil and all of them are of edible grade. The price variation is also not significant. However, it has been seen that the brand loyalty is very high. The company wishes to understand the reasons for the brand loyalty for pure coconut oil. An oral care company wishes to understand the impact of retail level sales promotions during the purchase of toothpastes. A cigarette company wishes to understand the impact of display and point of purchase advertising during the purchase of cigarettes. An aggarbatti manufacturer wants to study the buying behaviour for agarbattis and wants to find out the extent of brand loyalty during agarbatti purchases.
Data collection The two groups working on a topic (for proposal presentation) would merge into one group.
Based on the feedback received from the other groups a consolidated research proposal would be prepared. Primary data should be collected, analysed a report should be submitted. Dates (tentative) Finalizing the groups June 25 Allotment of topic June 30 Competitive bidding Aug 13 & 16 Submission of critique Aug 20 Submission of final report Day of end term
Breakup of marks Initial proposal 20 marks Inputs (critique) of other proposals 2*5 10 marks Data collection and final report 10 marks