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The Marketing Research Process Overview
Learning Objectives ,[object Object]
To understand how the steps in the marketing research process are interrelated and that the steps may not proceed in order.
To be able to know when market research may be needed and when it may not be needed.
To know which step is the most important in the marketing research process.  ,[object Object]
Steps in the Marketing Research Process ,[object Object],It is rare in practice a research project follows all the exact steps. ,[object Object],May not involve every step shown ,[object Object],What’s important is although every research project is different, there are enough commonalities to follow the eleven steps of marketing research.
Step 1: Establish the Need for Marketing Research ,[object Object]
Regardless of the monitoring system used a good monitoring system constantly searches for hints that the companies marketing mix may be out of “sync” in the market place.
Marketing research may not be needed
Information is already available
There is insufficient time for marketing research
Resources are not available
Costs outweigh the value of the research  ,[object Object]
Often studies are commissioned without a clear understanding of the  problem that needs to be addressed.
Exploratory research is needed to define the problem so research may be conducted.
Problem definition involves:Specifying the symptoms Itemising the possible causes of the symptoms Listing the reasonable alternative courses of action that the marketing  manager can undertake to solve the problem.
Step 3: Establish the Research Objectives ,[object Object]

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Market Research Process