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Consumer Behaviour




                    Notes          2.4 Summary

                                       Consumer Research  is an integral part of marketing research and  makes use of a set
                                       method to explore and predict consumer behavior to identify their needs, preferences etc.
                                       The information so collected helps developing products and services and other marketing
                                       mix activities to influence consumer behavior.
                                       The research process includes a series of steps, which the researcher has to undertake. The
                                       research  design  is  selected  depending  on  the  purpose  of  study.  For  all  descriptive
                                       information, quantitative research designs are helpful and if the purpose is to generate
                                       new ideas, then qualitative research techniques can be used.

                                       When the knowledge is viewed as time, culture and context dependent and consumption
                                       is viewed as a symbolic system,  the research  so conducted  is mostly based on  depth
                                       interviews and is qualitative in nature.
                                       Quantitative  research  is  used  to  collect  hard data  and  makes  use  of  observation,
                                       experimentation and survey methods.
                                       Consumer behavior in particular with a brand and company also varies a lot with kind of
                                       business practice they do. Consumer tends to develop favorable perception regarding
                                       those companies which fair and ethical in their activities.

                                   2.5 Keywords

                                   Causal Research: Study in which one variable is studied at a time, keeping others constant
                                   Exploratory Research: Used to explore an issue or a situation

                                   Qualitative Study: Used mostly to generate new ideas
                                   Quantitative Study: Used when descriptive information is required
                                   Sample Size: How many to survey
                                   Sampling Unit: Who is to be surveyed
                                   Secondary Research: Art of locating second hand data
                                   Thematic Apperception Test: Respondents are shown a picture and asked to describe the picture

                                   2.6 Self Assessment


                                   Fill in the blanks:
                                   1.  While  launching a new sales  promotion or communications campaign  ………………..
                                       study may be fruitful.

                                   2.  When you collect data form web, you get ………………… data.
                                   3.  If the marketers want to know the inner feelings of the consumers, they should resort to
                                       ……………… method.
                                   4.  You were shown a image and asked to describe it. You actually went through a …………….
                                       test.
                                   5.  If you are interviewed by a marketer face to face at your home or in any retail outlet. This
                                       technique is called ………………….. intercept.
                                   6.  Checklist questionnaires are actually  ……………………. questionnaires.





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