Totalizer 1.1/EL Report: Research, Integrity, and Communication

Totalizer 1.1/EL Report: Research and Integrity

This document discusses the Totalizer 1.1/EL Report’s role in research and ensuring its integrity. It focuses on how the report reflects the investigation process.

The Report from a Process Perspective

From a process viewpoint, the report comprises a series of tasks designed to meet the requirements of the research demand. Research involves numerous tasks, such as:

  • Preparing recording equipment
  • Personnel training
  • Planning outings
  • Monitoring collected information

The

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Market Segmentation, Targeting, Positioning & Product Strategy

Market Segmentation, Targeting, and Positioning (STP)

Customer demands encompass needs, attitudes, behaviors, tastes, and interests. The segmentation process involves these steps:

  1. Select the Market: Eliminate markets that have no need for the product or are inappropriate for other reasons (Market definition, situational analysis, SWOT).
  2. Apply Segmentation Variables:
    • Behavioral: Analyze the specific value that a particular group expects from the offering, usage occasion and status, loyalty status, technological
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Market Research Methods: Primary, Secondary & Segmentation

Primary Research Methods

Observational methods: Collecting behavioral data where the researcher acts as a spectator without intervening. This method may not reveal people’s motivations. Techniques include visual observation and technical means.

Experimentation: Conditions are controlled, and independent variables are manipulated to measure effects on dependent variables. Independence is crucial to prevent contamination. Includes an experimental group (exposed to the treatment) and a control group.

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Data Collection Techniques: Surveys, Interviews, and Questionnaires

Operations Staff Responsibilities

Operations staff are responsible for the computer center, telecommunications network, security hardware and software, implementing programs, and managing printers. The analyst must recognize the constraints of the new system based on the available technology.

Conducting Effective Surveys

Guidelines for conducting a survey include:

  • Identifying problems, opportunities, and objectives
  • Starting a project
  • Addressing problems within the organization

Information Collection Techniques

Sampling

Sampling

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CRM: Strategies, Processes, and Key Concepts

Understanding Customer Relationship Management (CRM)

CRM is the combination of practices, strategies, and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle. It involves four categories of markets: consumer, business, government, and international.

Relationship Marketing and CRM

Relationship Marketing is a strategy of Customer Relationship Management (CRM) that emphasizes customer retention, satisfaction, and lifetime customer value.

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Strategic Marketing and Consumer Behavior

Marketing

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Marketing Process

Step 1: Understanding Consumers and the Marketplace: Consumers’ needs and wants are fulfilled by market offerings: combinations of products, services, and information offered to satisfy a need or want. Beware of marketing myopia. Consider brand experiences (e.g., Disney experience)

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