Principles of Marketing

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Survey Research

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Principles of Marketing

Definition

Survey research is a quantitative method of collecting information from a targeted group of people about their opinions, behaviors, and experiences. It is a widely used technique in marketing research to gather data that can help organizations better understand their customers, market trends, and make informed decisions.

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5 Must Know Facts For Your Next Test

  1. Survey research is a fundamental step in the marketing research process, as it helps organizations gather valuable insights to support decision-making.
  2. Surveys can be administered through various methods, including online, telephone, mail, or in-person interviews, each with its own advantages and disadvantages.
  3. Designing effective survey questions is crucial to ensure the collected data is relevant, reliable, and unbiased.
  4. Sampling techniques, such as random, stratified, or cluster sampling, are used to select the appropriate respondents for a survey to ensure the results are representative of the target population.
  5. Analyzing survey data, including identifying trends, patterns, and statistical relationships, is essential for transforming raw data into actionable insights.

Review Questions

  • Explain how survey research is used in the context of the 6.3 Steps in a Successful Marketing Research Plan.
    • Survey research is a key component of the marketing research process outlined in the 6.3 Steps. It is typically used in the data collection stage, where researchers gather information from a sample of the target market to understand their preferences, behaviors, and attitudes. The insights gained from survey research can then be used to inform the subsequent steps, such as data analysis, interpretation, and the development of marketing strategies and tactics.
  • Describe the role of sampling in the effectiveness of survey research.
    • Sampling is crucial to the success of survey research, as it ensures the survey respondents are representative of the larger target population. Researchers must carefully select the sampling method, such as random, stratified, or cluster sampling, to ensure the data collected is reliable and can be generalized to the broader market. The size and composition of the sample can also impact the statistical significance and validity of the survey findings, which are essential for making informed decisions in the marketing research process.
  • Analyze how the design and administration of the survey questionnaire can influence the quality and usefulness of the data collected.
    • The design and administration of the survey questionnaire are critical factors that can impact the quality and usefulness of the data collected. Poorly worded or biased questions, inadequate response options, and inappropriate survey delivery methods can all lead to inaccurate or incomplete data that may not accurately reflect the target market's opinions and behaviors. Effective survey design, including the use of clear and unambiguous language, appropriate question types, and a logical flow, as well as careful consideration of the survey administration process, are essential to ensuring the survey research provides meaningful and actionable insights to support the marketing research plan.
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