What are the 6 steps of the consumer research process?
2 types of research design
Exploratory research
Conclusive research
2 types of Conclusive Research
Descriptive/correlational
Causal
2 types of data
Primary data
-> New data
Secondary data
-> Already exists
-> Accessible
-> Collected by a different entity
2 types of consumer research methods
Qualitative method
Quantitative method
Examples of Qualitative Research Methods
Examples of Quantitative Research Methods
Characteristics of Qualitative Research Methods
Objective
-> Exploratory
-> Setting the hypothesis
Format
-> Unstructured
Sample
-> Small number of non-representative cases
Characteristics of Quantitative Research Methods
Objective
-> Conclusive
-> Testing the hypothesis
Format
-> Structured
Sample
-> Large number of representative cases
What is Qualitative Research?
A process of LESS STRUCTURED interface between the consumer & the researcher that is usually EXPLORATORY in nature
When to use Qualitative Research
Characteristics of Qualitative Research
2 details regarding Purposive Sampling
Pros of Qualitative Research
Cons of Qualitative Research
Lacks precision
-> Small, focused sample sizes
-> More subjective interpretation of data
-> Interactions among respondents
What are the main techniques in Qualitative Research?
Pros & Cons of Focus Group Discussions
Pros
1. Saves money & time
2. Interaction helps people to produce responses
Cons
1. However the same interaction can affect responses
When is an In-depth Interview more appropriate?
When the topic is sensitive, confidential, or emotionally charged
What are the 4 types of Projective Techniques?
3 Characteristics of Systematic Observational Methods
2 types of observable variables
What are limitations of Observation