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picture1_Marketing Ppt 67905 | Filechapter 5   Tourism Marketing Research


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File: Marketing Ppt 67905 | Filechapter 5 Tourism Marketing Research
chapter learning aims to enhance your understanding of the role of marketing research in management decision making a six step marketing research process the value of using a mixed methods ...

icon picture PPTX Filetype Power Point PPTX | Posted on 28 Aug 2022 | 3 years ago
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   Chapter learning aims
   To enhance your understanding of:
    
   • the role of marketing research in management decision making
   • a six-step marketing research process
   • the value of using a mixed methods research design
    Key terms
    Primary data
    • New data being collected for the first time for a specific purpose, through interacting 
    with, and/or observing participants, using qualitative and/or or quantitative methods.
     
    Secondary data
    • Existing data that has previously been collected for a purpose other than the current 
    research project.
     
    Mixed methods
    • A research design employing both qualitative and quantitative data collection methods.
   The need for marketing 
   research
   • A marketing orientation dictates decisions be made with target 
    consumers in mind. 
   • This requires gathering information that will provide insights into the 
    experience of current customers, and the needs of target consumers. 
   • Marketing research is an essential activity, even for small tourism 
    businesses with limited resources, because information reduces 
    uncertainty in decision making. 
   • However, marketing research is often under-utilised by small tourism 
    businesses, due to lack of training, negative perceptions of the 
    practical value, or perceived costs. 
    Marketing research defined
    • The process of designing, gathering, analysing, and reporting 
    information that may be used to solve a specific marketing problem.
     • (Burns, Veeck & Bush, 2017)
    • This means any collection of information can be regarded as research
     • including informal approaches such as talking to customers or suppliers. 
       Stages in the marketing 
       research process
                                       1..Identification 
                                       of the marketing 
                                       decision problem 
                                         (MDP)
                          2. Formulation of        6. Interpretation 
                           the marketing           and presentation 
                          research question         of the findings
                            (MRQ)
                           3. Research              5. Data analysis
                             design
                                       4. Data collection
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...Chapter learning aims to enhance your understanding of the role marketing research in management decision making a six step process value using mixed methods design key terms primary data new being collected for first time specific purpose through interacting with and or observing participants qualitative quantitative secondary existing that has previously been other than current project employing both collection need orientation dictates decisions be made target consumers mind this requires gathering information will provide insights into experience customers needs is an essential activity even small tourism businesses limited resources because reduces uncertainty however often under utilised by due lack training negative perceptions practical perceived costs defined designing analysing reporting may used solve problem burns veeck bush means any can regarded as including informal approaches such talking suppliers stages identification mdp formulation interpretation presentation questi...

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