session 7 Flashcards

1
Q

Surveys:

A

systematic process of recording consumer information via structured questionnaire; focus on consumer attitudes and emotion

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2
Q

Attitudes have three components:

A

affective, behavioural and cognitive

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3
Q

behavioural

A

whether consumers intend to do something with an object) ex: i intend to buy dr pepper

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4
Q

Affective component:

A

Affective component (= how consumers feel about an object)✓E.g., I like DrPepper.

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5
Q

Cognitive component

A

what consumers believe about an object. For example i believe dr pepper has 23 flavors

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6
Q

cognitive attiudes

A

Knowledge, opinions –Which brands are you familiar with?–What are the key features of the brand

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7
Q

affective attitudes

A

Liking, emotions–Which would you prefer?–How do you feel about the brand

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8
Q

behavioural attitudes

A

Actions, intentions–How many times have you previously purchased the brand?–How likely are you to recommend to a friend

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9
Q

Survey methods

A

In person: door to door, executive, mall intercept
Internet is the most accessible way and less effortful , most popular, ad hoc, internet panel
Mail: not popular
Phone: traditional, computer assisted, computerized

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10
Q

Different questionnairs you can use

A

Google forms: free collaborative user friendly, basic design
Survey monkey : free, popular, user friendly, more flexible design
Amazon mechanical turk: survey and panel, paid, experienced survey takers
Qualtrics: survey and panel, paid

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11
Q

Internet surveys

A

Positives :reach, cost effective, can be done wherever
Negatives: people are not taking them properly, people are not paying attention (can have attention check questions) people use bots to complete their surveys, excludes groups of people who don’t have internet access (non response bias) can use quota sampling to combat this , panel management, representativeness
Concerns: multiple completes (one person takes the survey multiple times to make money, can use qualtrics to help with this), lying for compensation and worse
You can address all negative points

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12
Q

Errors that can take place while you run a survey

A

Systematic error aka bias
Difference due to intentional or unintentional bias
Reduce with careful design and implemntatom

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13
Q

measurement errors

A

non respinse bias, interviewer bias, respinse bias, processing error

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14
Q

Non response bias:

A

due to difference between respondents and non respondents
Ex: how would you recruit? For example you recruit Only mcgill students that live on campus, or maybe you only ask grad students→ this shows bias because if you only have one group you are looking at you cant generalize your findings, need to ask diverse and large groups to combat this→ ask all mcgill students
You might make a mistake but only requiring mcgill on campus students (non response biases, you exclude a certain group )

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15
Q

Interviewer bias:

A

due to unintentional influence of the interviewer → interviewer starts by saying “since current campus options are good/bad…”

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16
Q

response bias

A

due to intentional or unintentional misrepresentation of into → participants are embarrassed to admit how much they love subway or misestimate how long they wait in line

17
Q

processing error

A

due to errors in data recording, transcription→ participation circled option a but you enter it into excel as option d

18
Q

avdnaatges of surveys

A

Cost effective
Wide reach
Fast
Easy to conduct
Uncover peoples motivation
Standardized
Easy to analyze
Reveal subgroup differences, segmentation analysis → important tonsgement to create value for different segments to create multiple value streams

19
Q

disadvantages of surveys

A

Limited info you can get because you dont examine implicit attitudes
Can still get non represenatuve samples
A controlled environment under artifial conditions
Instrument error
Not guaranteed to be representative of population

20
Q

Mapping technqiyes

A

perceptual mapping
hierarchal mapping

21
Q

perceptual mapping

A

Based on survey and close-ended questions
Compare competing brands on selected attributes
Important concept
Asking consumers to score them→ data is based on survey data
Can determine where our company is deficient compared to competitors, may want to reposition brand using this tool

22
Q

hierarchal mapping

A

Trying to target peoples needs by looking at why they value a certain attribute
Ex: you have a high need for status so then can promote your product in a way that emphasizes status
Can reposition your brand or product through laddering

23
Q

steps for perceptual mapping

A

Step 1: set your determinant attributes (focus on the most important attributes that you would like to look at )
Step 2: build and distribute a survey
Step 3: score and position brands on the market based on your survey results
Step 4: create your perceptual map
Step 5: interpret the map and come up with a differentiation strategy (have to be different with value, Companies often make mistake swerve companies reposition but people dont care about how they differentiated→ people need to care

24
Q

segmentation/cluser analysis

A

Compare your brand image with competitors and come up witha differentiation strategy

25
Q

laddering analysis

A

Identify different segments in the market, and understand their behavioural, psychographic and demographic characteristics

26
Q

perceptual maps

A

Gather insights on psychological needs of highly involved customers