Thursday, 4 September 2014

Task 1 - Research Techniques

Quantitative Research:

A quantitative researcher will ask people for their opinions in a structured way in order to produce hard facts and statistics and mathematical data using closed questions. A quantitative researcher could ask a group of people simple "yes or no" questions (closed questions) such as "Do you own a Ps4?"

http://www.marketingdonut.co.uk/marketing/market-research/what-is-quantitative-research-

An example of quantitative research/data:

A new report from The Entertainment Software Association has found that women make up nearly half (45 percent) of all gamers.


Qualitative Research:

A qualitative Researcher is used to gain an understanding of underlying reasons, opinions, and motivations. They use open questions to get a more in-depth answer.

Audience Profiling:


Audience Profiling is about finding out the profile of your audience before hand so that you can put across your message to the right people in the most effective way to produce the best result. 

It might include details like age, sex, educational qualification, work experience, financial background, field of work, interests, mood, orientation, bias, food habits, religious background, psysique, health condition. 

https://answers.yahoo.com/question/index?qid=20080929075444AAPJwsK

Image http://www.firstdigital.com.au/wp-content/themes/wpremix3/images/BS_audience.png

Demographics

Marketers typically combine several variables to define a demographic profile. A demographic profile (often shortened to "a demographic") provides enough information about the typical member of this group to create a mental picture of this hypothetical aggregate. For example, a marketer might speak of the single, female, middle-class, age 18 to 24, college educated demographic.

Researchers typically have two objectives in this regard: first to determine what segments or subgroups exist in the overall population; and secondly to create a clear and complete picture of the characteristics of a typical member of each of segments. Once these profiles are constructed, they can be used to develop a marketing strategy and marketing plan. The five types of demographics for marketing are age, gender, income level, race and ethnicity.
http://en.wikipedia.org/wiki/Demographics#Demographic_profiles_in_marketing

Psychographics

Psychographic profiling is the analysis of consumer lifestyles to create a detailed customer profile. Market researchers conduct psychographic research by asking consumers to agree or disagree with activities, interests, opinions statements. Results of this exercise are combined with geographic (place of work or residence) and demographic (age, education, occupation, etc.) characteristics to develop a more 'lifelike' portrait of the targeted consumer segment.


Image https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjuhcR6yOQ-gIJ8ITKXfmSIhXsMri1iadz8uY9d1zCdq8hVvrgZ9g6IwH8o4rDgne_ivIkiTBbN_P-y8JP9X5eYmwMrwkRwxAcnlrgQ_e9ER8YFz1S5jJvEOhiGwvKMu9kxNaeC0B9oUSo/s1600/4610787.jpg

Geo-Demographics

http://www.rdaresearch.com/blog/wp-content/uploads/2012/11/parramatta-geosmart.jpgGeo-demographic profiling classifies individuals into a number of different ‘types’, based on a combination of personal attributes such as average household income, demographics and lifestyle and attitudinal data.

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