SlideShare a Scribd company logo
1 of 16
RESEARCH APPLICATIONS IN
MARKETING
MARKETING RESEARCH
• Marketing research is the collection and analysis of
information about the customers and competitors in the
market.
• Main purpose of marketing research is to increase the
understanding of a specific product or service.
TYPES OF RESEARCH DONE IN
MARKETING
• Pricing research
• Product research
• Concept testing research
• Positioning research
• Customer satisfaction research
• Market segmentation
• Advertising research
• Branding research
• Brand equity research
• Sales analysis research
Fast Forward
PRICING RESEARCH
• This research studies what the customers are willing to
pay for a product or service.
• Example Smartphone Penetration strategy
IOS Skimming strategy
PRODUCT RESEARCH
• Main Goals
product design and market validation research, or
assessing existing product strength and line extension
potential.
Example Colgate tooth brush
CONCEPT TESTING RESEARCH
It is a process to evaluate a customers acceptance of a
new product into the market.
Data is collected through Interviews and questionnaires
Example OnePlus low-cost quality products
POSITIONING RESEARCH
• It is done to understand the position of a brand in
comparison to its competitors.
• This research makes sure that the right people see the
right product at the right time.
Toothpaste
Economy
Cosmetics
Taste
Medicinal
CUSTOMER SATISFACTION
RESEARCH
• This research allows in identifying the strength and
weakness of a company as perceived by its customers.
• It allows in improving the quality of products and
services.
MARKET SEGMENTATION
• Market segmentation is the process of dividing
a market of potential customers into groups, or
segments, based on different characteristics.
• The segments created are composed of consumers who
will respond similarly to marketing strategies and who
share traits such as similar interests, needs, or locations.
ADVERTISING RESEARCH
A research conducted in order to improve the efficiency of
an advertisement is known as advertising research.
• Coca-Cola advertisement
BRANDING RESEARCH
Branding research is all about creating differentiation in
the mind of customers and understanding why customer
choose to purchase certain goods.
• Brand management and research services help to
understand the brand’s value, strengths and increase the
brand position.
BRAND EQUITY RESEARCH
• Brand equity research measures the breadth and depth
of brand power in the target markets.
• A key to research design is the goal of a brand equity
measurement study.
• Example Starbucks
SALES ANALYSIS RESEARCH
• Sales analysis examines sales reports to see what
goods and services have and have not sold well.
• This analysis is used to determine how to stock
inventory, how to measure the effectiveness of a sales
force, how to set manufacturing capacity and to see how
the company is performing against its goals.
Types
THANK YOU

More Related Content

What's hot

Market segmentation of IFB commercial dishwasher
Market segmentation of IFB commercial dishwasher Market segmentation of IFB commercial dishwasher
Market segmentation of IFB commercial dishwasher
Nahid Anjum
 
Chapter 4 Conducting Marketing Research and Forecasting Demand
Chapter 4 Conducting Marketing Research and Forecasting DemandChapter 4 Conducting Marketing Research and Forecasting Demand
Chapter 4 Conducting Marketing Research and Forecasting Demand
dona_sia
 
04 marketing segmentation,targeting and positioning
04 marketing segmentation,targeting and positioning04 marketing segmentation,targeting and positioning
04 marketing segmentation,targeting and positioning
Thejus Jayadev
 

What's hot (19)

Marketing and Market survey
Marketing and Market surveyMarketing and Market survey
Marketing and Market survey
 
Medico Marketing Writing
Medico Marketing WritingMedico Marketing Writing
Medico Marketing Writing
 
Marketing Research Introduction
Marketing Research IntroductionMarketing Research Introduction
Marketing Research Introduction
 
Introduction - Marketing Research
Introduction - Marketing ResearchIntroduction - Marketing Research
Introduction - Marketing Research
 
Market research
Market research Market research
Market research
 
Identifying Market Segments and Targets
Identifying Market Segments and TargetsIdentifying Market Segments and Targets
Identifying Market Segments and Targets
 
Strategic marketing session 3
Strategic marketing session 3Strategic marketing session 3
Strategic marketing session 3
 
MGT2306-MARKETING-MANAGEMENT LESSON 5
MGT2306-MARKETING-MANAGEMENT LESSON 5MGT2306-MARKETING-MANAGEMENT LESSON 5
MGT2306-MARKETING-MANAGEMENT LESSON 5
 
Retail buying
Retail buyingRetail buying
Retail buying
 
Market segmentation of IFB commercial dishwasher
Market segmentation of IFB commercial dishwasher Market segmentation of IFB commercial dishwasher
Market segmentation of IFB commercial dishwasher
 
Lecture 1 Intrudoction to Marketing research
Lecture 1   Intrudoction to Marketing researchLecture 1   Intrudoction to Marketing research
Lecture 1 Intrudoction to Marketing research
 
Marketing research, meaning and concept of marketing, research and Marketing ...
Marketing research, meaning and concept of marketing, research and Marketing ...Marketing research, meaning and concept of marketing, research and Marketing ...
Marketing research, meaning and concept of marketing, research and Marketing ...
 
Chapter 4 Conducting Marketing Research and Forecasting Demand
Chapter 4 Conducting Marketing Research and Forecasting DemandChapter 4 Conducting Marketing Research and Forecasting Demand
Chapter 4 Conducting Marketing Research and Forecasting Demand
 
Market analysis
Market analysisMarket analysis
Market analysis
 
04 marketing segmentation,targeting and positioning
04 marketing segmentation,targeting and positioning04 marketing segmentation,targeting and positioning
04 marketing segmentation,targeting and positioning
 
Marketing research
Marketing researchMarketing research
Marketing research
 
Fundamentals Of Marketing & Customer Service
Fundamentals Of  Marketing &  Customer  ServiceFundamentals Of  Marketing &  Customer  Service
Fundamentals Of Marketing & Customer Service
 
Chapter 4 customer buying behavior (original)
Chapter 4 customer buying behavior (original)Chapter 4 customer buying behavior (original)
Chapter 4 customer buying behavior (original)
 
key account management
key account managementkey account management
key account management
 

Similar to Research applications in marketing

Market positioning in services
Market positioning in servicesMarket positioning in services
Market positioning in services
Nikhil Sonawane
 
Cb12e basic ppt ch12
Cb12e basic ppt ch12Cb12e basic ppt ch12
Cb12e basic ppt ch12
Eric
 

Similar to Research applications in marketing (20)

Marketing research
Marketing research Marketing research
Marketing research
 
1.nature and scope of mr
1.nature and scope of mr1.nature and scope of mr
1.nature and scope of mr
 
Market Research.pptx
Market Research.pptxMarket Research.pptx
Market Research.pptx
 
Marketing : In a Nutshell
Marketing : In a NutshellMarketing : In a Nutshell
Marketing : In a Nutshell
 
The Coop Market Research
The Coop Market ResearchThe Coop Market Research
The Coop Market Research
 
Unit 3 segmentation_targeting_positioning
Unit 3 segmentation_targeting_positioningUnit 3 segmentation_targeting_positioning
Unit 3 segmentation_targeting_positioning
 
Market positioning in services
Market positioning in servicesMarket positioning in services
Market positioning in services
 
Brand tracking studies
Brand tracking studiesBrand tracking studies
Brand tracking studies
 
Marketing segmentation, Needs , Basics of segmentation
Marketing segmentation, Needs , Basics of segmentationMarketing segmentation, Needs , Basics of segmentation
Marketing segmentation, Needs , Basics of segmentation
 
Marketing considerations.pptx is tell ab
Marketing considerations.pptx is tell abMarketing considerations.pptx is tell ab
Marketing considerations.pptx is tell ab
 
Marketing
MarketingMarketing
Marketing
 
Marketing
MarketingMarketing
Marketing
 
Building A Brand
Building A BrandBuilding A Brand
Building A Brand
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviour
 
Cb12e basic ppt ch12
Cb12e basic ppt ch12Cb12e basic ppt ch12
Cb12e basic ppt ch12
 
Unit 2 types of Marketing Research notes.pdf
Unit 2 types of Marketing Research notes.pdfUnit 2 types of Marketing Research notes.pdf
Unit 2 types of Marketing Research notes.pdf
 
MARKRTING
MARKRTINGMARKRTING
MARKRTING
 
Marketing Management Introduction.pptx
Marketing Management Introduction.pptxMarketing Management Introduction.pptx
Marketing Management Introduction.pptx
 
Bmgt 311 2013_chapter_1
Bmgt 311 2013_chapter_1Bmgt 311 2013_chapter_1
Bmgt 311 2013_chapter_1
 
Marketing
MarketingMarketing
Marketing
 

More from Saintgits Institute of Management

More from Saintgits Institute of Management (10)

T6 project jeffin scaria mba
T6 project jeffin scaria mbaT6 project jeffin scaria mba
T6 project jeffin scaria mba
 
T5 project jeffin scaria mba
T5 project jeffin scaria mbaT5 project jeffin scaria mba
T5 project jeffin scaria mba
 
T4 project jeffin scaria internship_mba
T4 project jeffin scaria internship_mbaT4 project jeffin scaria internship_mba
T4 project jeffin scaria internship_mba
 
Food industry
Food industryFood industry
Food industry
 
Cost of QUALITY [QM]
Cost of QUALITY [QM]Cost of QUALITY [QM]
Cost of QUALITY [QM]
 
Managerial ethics
Managerial ethicsManagerial ethics
Managerial ethics
 
VEB
VEBVEB
VEB
 
Pom introduction
Pom introductionPom introduction
Pom introduction
 
Transactional analysis
Transactional analysisTransactional analysis
Transactional analysis
 
Mancherikalam hypermarket
Mancherikalam hypermarketMancherikalam hypermarket
Mancherikalam hypermarket
 

Recently uploaded

Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
AnaAcapella
 

Recently uploaded (20)

FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxHMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
 
Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptx
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdf
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentation
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 
Spatium Project Simulation student brief
Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptxSKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 

Research applications in marketing

  • 2.
  • 3. MARKETING RESEARCH • Marketing research is the collection and analysis of information about the customers and competitors in the market. • Main purpose of marketing research is to increase the understanding of a specific product or service.
  • 4. TYPES OF RESEARCH DONE IN MARKETING • Pricing research • Product research • Concept testing research • Positioning research • Customer satisfaction research • Market segmentation • Advertising research • Branding research • Brand equity research • Sales analysis research Fast Forward
  • 5. PRICING RESEARCH • This research studies what the customers are willing to pay for a product or service. • Example Smartphone Penetration strategy IOS Skimming strategy
  • 6. PRODUCT RESEARCH • Main Goals product design and market validation research, or assessing existing product strength and line extension potential. Example Colgate tooth brush
  • 7. CONCEPT TESTING RESEARCH It is a process to evaluate a customers acceptance of a new product into the market. Data is collected through Interviews and questionnaires Example OnePlus low-cost quality products
  • 8. POSITIONING RESEARCH • It is done to understand the position of a brand in comparison to its competitors. • This research makes sure that the right people see the right product at the right time.
  • 10. CUSTOMER SATISFACTION RESEARCH • This research allows in identifying the strength and weakness of a company as perceived by its customers. • It allows in improving the quality of products and services.
  • 11. MARKET SEGMENTATION • Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. • The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations.
  • 12. ADVERTISING RESEARCH A research conducted in order to improve the efficiency of an advertisement is known as advertising research. • Coca-Cola advertisement
  • 13. BRANDING RESEARCH Branding research is all about creating differentiation in the mind of customers and understanding why customer choose to purchase certain goods. • Brand management and research services help to understand the brand’s value, strengths and increase the brand position.
  • 14. BRAND EQUITY RESEARCH • Brand equity research measures the breadth and depth of brand power in the target markets. • A key to research design is the goal of a brand equity measurement study. • Example Starbucks
  • 15. SALES ANALYSIS RESEARCH • Sales analysis examines sales reports to see what goods and services have and have not sold well. • This analysis is used to determine how to stock inventory, how to measure the effectiveness of a sales force, how to set manufacturing capacity and to see how the company is performing against its goals. Types