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Unit 2: Consumer Research




          2.2.4 Collecting Primary Data                                                         Notes
          Data collection phase of research is probably the most expensive and quite prone to error. The
          four major problems encountered are: some respondents will not be available at home and must
          be either contacted again or replaced, other respondents will refuse the interview, still others
          will  give biased or dishonest answers and some interviewers  themselves will  be biased or
          dishonest.
          A quantitative study  generally employs a field staff,  recruited  and trained directly by the
          researcher or contracted from a firm that specializes in conducting field interviews. The completed
          questionnaires received are reviewed on a regular basis to ensure that the recorded responses
          are clear and complete.

          2.2.5 Analysing Data

          The last-but-one step in the research process is to extract relevant findings from the collected
          data. In qualitative research, the moderator/analyst usually analyses the respondents’ responses.
          The researcher supervises the data analysis in quantitative research. The responses are converted
          into numerical scores then tabulated and analysed with the help of computers using sophisticated
          analytical techniques.

          2.2.6 Report Preparation

          The researcher prepares a report of her/his findings to be presented to the relevant parties. It
          may or may not include any recommendations for action depending on the requirements of the
          management. The report includes a description of the methodology used, as well as tables and
          graphics to support the research findings. The researcher should present major findings that are
          relevant to decisions facing management and avoid detailing numbers and fancy jargon such as
          “multivariate analysis of variance.”



              Task  On a Rank Order Scale, ask your friends to evaluate five different brands  in
             banking sector. Subsequently, use a Differential Scale for comparing their perceptions of
             these competing brands. Now, suppose you the marketer of one of these brands. How can
             you use the conclusions of the evaluation?






             Case Study  Wish-n-Shop


                      ish-n-Shop is a very large retail store in Delhi's major commercial area. It was
                      established in 1990 to cater to the segment of customers who have had exposure
             Wto international shopping and were looking for a wide range of quality products
             under one roof. In 1980, Wish-n-Shop was originally started as a mail order company and
             subsequently moved to retailing after 10 successful years in mail order business.
             Wish-n-Shop management views the whole plan as a grand exercise and emphasis on its
             commitment to being world class in retail standards in India. The management is always
             keen on innovating and finding new products and trends, and develops elaborate plans to
             take the concept further.
                                                                                Contd....



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