Quiz 2 Practice Flashcards

1
Q

Consumer Motivation

A

Sometimes consumers don’t know their actual motivation- we have our own motivations that make sense to us
(actual motivation and believed explanation can be two very different things)

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2
Q

Qualitative Research

A
  1. Discovery and/or identification of new ideas, thoughts and feelings.
  2. Uncovering hidden psychology and/or social processes.
  3. Preliminary understanding of relationships.
  • Develops hypothesis
  • Open ended, unstructured
  • small sample
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3
Q

Quantitative Research

A
  1. Validation of facts, estimates, relationships
  • Validating hypothesis
  • Structured
  • large samples
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4
Q

Qualitative Research Advantages

A

Advantages
• Can be collected relatively quickly due to the smaller sample sizes and unstructured nature.
• It is flexible.
• Richness of data – allows for a collection of respondents emotions, attitudes and perceptions.
• Preliminary insights that could build into future models, studies and measurement scales.

Disadvantages
• Reliance on interpretive skills of a qualitative researcher.
• It is easy to bias the data.
• May need to redo studies if you are not able to replicate results.
• The findings not always accepted.
• Lack of ability to generalize across a larger group – difficulty estimating the magnitude of phenomena.

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5
Q

Types of Exploratory Research

A
  • Focus Groups
  • Interviews
  • Observational Studies
  • Ethnography
  • Projective Techniques
  • Social Listening/ Social Media Monitoring
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6
Q

Focus Groups

A
  • Method in which responses to open-ended questions are collected from a small group of participants who interactively and spontaneously discuss topics of interest from the researcher.
  • Can be concerns of groupthink and/or wanting to please the moderator.
  • Researcher needs to move conversations along and also not bring their own biases into the group.
  • We see online focus groups pick-up in recent years - online communities and message boards.
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7
Q

Interviews

A
  • A data-collection method in which a well-trained interviewer asks a participant a set of semi-structured questions in a face-to-face setting.
  • Can use visual and audio stimuli.
  • Likely recorded with notes being taken.
  • Researcher needs to put participants at ease be able to know when to dive deeper or move past topics.
  • Some interviews have moved online – but getting people’s physical reactions/emotions should still keep them live with videos on.
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8
Q

Observational Studies

A

• A form of qualitative data collection that records behavior in natural settings to understand how social and cultural influences affect individuals behaviors and experiences.
• Looking for behavioral patterns consumers may not be aware or conscious of.
• People may or may not be aware that they are being monitored.
- Ethnographers may be present to ask questions.
- Other times it is in a public setting where people can observe interactions without disrupting.

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9
Q

Projective Techniques

A
  • An indirect method of questioning that enables a subject to project beliefs and feelings onto a third party, into a task situation, or onto an inanimate object.
  • Word associations.
  • Sentence completions.
  • Likely added to the start/end of focus groups and interviews.
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10
Q

Social Listening

A

• Observations based on social media conversations.
• Media Monitoring Software: An integrated system that monitors and analyzes social media sources to provide insights that will support marketing decision making.
-Video image recognition
• Essentially real-time consumer sentiments.

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11
Q

Statistically Relevant

A

• With a large enough sample size, the data truly because descriptive for your targeted population.

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12
Q

Survey Research Pro/Cons

A

Advantages
• Easy to administer and record.
• Accommodate large sample sizes to get the statistical inference.
• Produce precise enough results to tease out small nuances.
• Concepts and relationships that are not directly measurable can still be questioned/answered.

Disadvantages
• Low response rates can be a problem.
• Questions that accurately measure attitudes and behaviors can be challenging to develop.
• In-depth data difficult to obtain.

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13
Q

Types of Surverys

A
  • Person-Administered
  • Telephone-Administered
  • Self-Administered
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14
Q

Person Administered

A
  • Data collection that require the presence of trained interviewers who ask questions and records the subject’s answers.
  • Examples
  • Face-to-Face
  • Door-to-Door Canvassing
  • Mall-Intercepts

Advantages
• Filter Quality of Responses
• Respondents can get feedback/clarifications

 Disadvantages
• Recording errors
• Poor Interview-Respondent Interactions
• High Cost
• May not get a representative sample based on types of respondents.
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15
Q

Telephone Administered

A

Question and answer exchange through phone calls and texts.

• Examples
-Computer-Assisted Telephone 
Interview (CACTI)
-Screen walks a live person through each question and computer skips/changes based on response inputs. 
-Mobile Texting
-Mobile Web Surveys

Advantages
• Lower costs vs in-person
• Can be administered almost instantaneously after purchases/interactions

Disadvantages
• Poor interview-respondent interactions when live
• Limited screen space for robust surveys
• Not suitable for surveys more than a 1-3 questions.

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16
Q

Self Administered

A
  • Respondent reads the survey questions and records their own answers without the presence of a trained interviewer.
  • Examples
  • Mail
  • Online

Advantages
• Least costly
• Anonymity
• Respondents can take their time

Disadvantages
• No flexibility
• High non-response rate
• Lack of understanding possible from respondents
• Slow process
• No monitoring/quality control
17
Q

Sampling Errors

A
  • This is a statistical error - concern the sample size is not representative of the defined target population.
  • Difference of research findings vs true value of the population.
18
Q

Non-sampling Errors

A

The accuracy of the data is a concern. Four types:

  1. Respondent
  2. Design
  3. Incorrect Problem Definition
  4. Project Administration
19
Q

Respondent Errors

A

Nonresponse Errors
• Final sample group does not represent planned sample group on response and/or characteristics.

Response Errors
• When respondents have impaired memory or do not respond accurately.

20
Q

Design Errors

A

Poorly designed or confusing questions creating response errors.

21
Q

Problem-Definition Errors

A

Mistakes built into the process early.

22
Q

Project Administration Errors

A

Errors in gathering and recording data.

23
Q

Lab Studies

A

An artificial setting.
• Taste testing samples
• Viewing TV Ads
• Responding to options online

24
Q

Field Studies

A

Test Market: Placing a product or service in an actual setting consumers/customers can
interact with on their own.

25
Q

Lab Setting

A
Pros
• Easy to control variable
• Creates high “internal validity”
• You can feel confident there is a relationship between the two variables
• Cheaper
• Faster
26
Q

Field Testing

A

Pros
• High ”external validity” - the results of the experiment feel valid for a total population in the “real world”.

Cons
• High level of uncontrollable variables
• May still not be totally realistic with other factors (advertising, all competitors)
• Competitors can see your moves
• Expensive and slow