Methods of TA Research Flashcards

1
Q

What’s Target Audience?

A
  • refers to the specific group of consumers that most likely want your service or product
  • may be dictated by age, gender, income, loc
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2
Q

Why TA is important?

A
  • its crucial bc its impossible to reach everyone at once.

- allows you to focus your marketing efforts on grps that will most likely purchase from u

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3
Q

Deconstrucing your market:

A
Demographics:
age
gender
loc
educ
income
occupation
marital stats
ethnicity
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4
Q

Psychographics:

A
  • real trends
  • patterns in ur audiences personalities
  • interests
  • values
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5
Q

What is an audience persona?

A
  • its the visualization and profile of a “person” that perfectly represents your ideal TA
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6
Q

Method of TA Research:

A
  1. Research what your ideal customer / client looks like
  2. Narrow the common details
  3. Create separate personas - for a lot of TA
  4. Name Them
  5. Learn more about your audiences
    6.
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7
Q

3 Methods of Research

A
  1. Desk research
  2. JBTD
  3. CustDev
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8
Q

Desk Research?

A
  • previous research findings to gain a broad understanding of the field/product/ business
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9
Q

JTBD?

A
  • Jobs To Be Done
  • approach to developing product based on understanding both the customer’s specific goal and process that would lead them to purch
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10
Q

Steps to do Desk Research

A
  1. Define the objective of the research
  2. Define your research plan
  3. Conduct the research
  4. Conclude & verify information
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11
Q

Developing a research program

Step 1:

A
  • method of inquiry:
  1. define the problem
  2. develop hypothesis
  3. Make predictions based
  4. devise a test of the hypothesis
  5. conduct the test
  6. analyze the results on the hypothesis
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12
Q

Developing a research program

Step 2:

A

Research Method

  1. experimental research
  2. non experimental
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13
Q

Experimental research -

A

gives u the advantage of controlling one or more data that influences the process being implemented

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14
Q

Non Experimental Research

A
  • allows observation but not intervention - all you do is observe, research and report on your findings
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15
Q

Developing a research program

Step 3

A

Research Design

  • framework for conducting the survey and collecting data.
  • defined as the specific methods and procedures you use to get the infos that you need and there are 3 types of research designs
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16
Q

3 Types of Research Designs

A
  1. Exploratory
  2. Descriptive
  3. Casual
17
Q

What is Exploratory

A
  • is a starting point, its used to reveal facts & opinions about a particular topic & gain insights into the main points of an issue
    Ex : info u see on socmed, website comments
18
Q

Descriptive

A

– helps define the business problems or issues so that companies can make decisions take action and monitor the progress

19
Q

Casual

A
  • explore cause and effect relationship between 2 or more data
  • uses experiments to predict and test theories about a product / market
20
Q

Step 4

A

choose your sample

21
Q

Step 5

A

Gather Data

22
Q

What’s O-Data

A
  • your business’s hard numbers, costs and sales. It tells you what has happened but not why
23
Q

What’s X-Data

A
  • gives you insights into the thoughts and emotions of the people involved: employees, customers, brand advocates and ambassadors
24
Q

Where to gather data?

A
- emails
SMS
slack
Whatsapp
Socmed
Polls, Social listening
25
Q

Step 6

A

Analyze and interpret

26
Q

Compelling Statistical Analysis Tools can reveal:

A
  • if data trends are meaningful
  • if one thing is more significant than the other
  • insights that lead to meaningful changes
27
Q

Step 7: Results

A
  • all info gathered
  • a descriptive of the research
  • the results
  • conclusions
  • reco courses of action
28
Q

Step 8

A

Turn insights into actions