Product Marketing Research

Makers of consumer goods--from shampoo to ice cream, from toothbrushes to plastic storage bags, from home comupters to lawn mowers--want to know how their products are really used by buyers. For example, how many dollops of styling mousse does the average user put in her hair to achieve a satisfactory hold? What constitutes a fresh smelling load of laundry? How does a pot full of spaghetti noodles need to look, feel, and smell in order for the average consumer to consider it cooked? Beyond test kitchens, focus group studies, and surveys, few qualitative research techniques have allowed marketers and manufacturers to gain a profound understanding of how consumers truly use a product once they get it home from the store. Enter observational research (also known as ethnography), an increasingly popular marketing research technique. In a marketing context, ethnography or "descriptive anthropology" is the study of consumer behaviors. It is about observing and analyzing how consumers respond to a product or service in their own environments based upon their cultural values and relationships. Observational researchers study how people use and react to products or services in their own homes. The results of such studies often reveal surprising insights into consumer behaviors and preferences. This information then allows companies to tailor their advertising and marketing efforts to meet the often unspoken but widely observed needs of their targeted consumers. "The Observational Research Handbook" explores the burgeoning qualitative marketing research technique of ethnography and is the most comprehensive professional reference available on the subject. Directed to marketing and advertisingprofessionals, as well as to market researchers and manufacturers of consumer products, the book explains what observational research is, what it can add to a consumer marketing effort, and how an ethnographic marketing study is conducted.

Product differentiation - in quality, packaging, design, color, and style - has an important impact on consumer choice. It also provides a rich source of data that has been largely unexplored because there has been no generally accepted way to model the information available. This important study shows that an understanding of product differentiation is crucial to understanding how modern market economies function and that differentiated markets can be analyzed using discrete choice models of consumer behavior. It provides a valuable synthesis of existing, often highly technical work in both differentiated markets and discrete choice models and extends this work to establish a coherent theoretical underpinning for research in imperfect competition. The discrete choice approach provides an ideal framework for describing the demands for differentiated products and can be used for studying most product differentiation models in the literature. By introducing extra dimensions of product heterogeneity, the framework also provides richer models of firm location and product selection. Discrete Choice Theory of Product Differentiation introduces students and researchers to the field, starting at the beginning and moving through to frontier research. The first four chapters detail the consumer-theoretic foundations underlying choice probability systems (including an overview of the main models used in the psychological theory of choice), and the next four chapters apply the probabilistic choice approach to oligopoly models of product differentiation, product selection, and location choice. The final chapter suggests various extensions of the models presented as well as topics for furtherresearch.

Quantitative marketing research - Quantitative marketing research is the application of quantitative research techniques to the field of marketing. It has roots in both the positivist view of the world, and the modern marketing viewpoint that marketing is an interactive process in which both the buyer and seller reach a satisfying agreement on the "four P's" of marketing: Product, Price Place (location) and Promotion.

Alliances between product software firms - Exploring the industrial environment can help with forming an alliance-based strategy (see also marketing strategies for product software). For the software product companies, common strategic alliance formations (see also business alliance) are research partnerships, joint product development, technology licensing, and marketing and distribution agreements (Rao & Klein, 1994).

Product marketing - Product Marketing deals with the first of the 4P's of marketing, the 4P's being Product, Pricing, Placement, and Promotion. Product Marketing, as opposed to Product Management, deals with more outbound marketing tasks.

Qualitative marketing research - Qualitative research is a set of research techniques, used in marketing and the social sciences, in which data are obtained from a relatively small group of respondents and not analyzed with statistical techniques. This differentiates it from quantitative research in which a large group of respondents provides data that is statistically analyzed.

productmarketingresearch

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