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Marketing research is a vital activity of research that supplies accurate and on-time information to various entities including businesses, government, and not-for-profit organisations to assist in minimizing the uncertainty and risks in association with decision making. This course unit introduces students the process of preparing and planning work needed to initiate a marketing research project.
Students in this course will learn to carry out the marketing research with the desired thought process for formulating the research questions, and proposing the research strategies that adhere to the best practices for answering the research questions. They have to give special emphasis on the initial stages of marketing research process comprising identification of problem, contextualisation and conceptualisation of problem, research proposal development, executing exploratory research via secondary data and administration of a pilot survey and execution of fundamental analysis.
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The aforementioned universities or institutes in Australia are renowned for their quality of teaching and research and they offer distinct inter-related degree courses. If you are studying in any of these universities, then it is very important to follow all marking rubrics and meet deadlines.
This course unit of marketing research comprises the following topics:
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The future of the industry in market research is filled with opportunities and challenges. Students must be equipped with latest technologies including artificial intelligence or machine learning to enable faster analytics and creating reports. The potential job roles in this field are listed below:
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An instance of marketing research is to carry out an online search on a specific topic and noting down the most recent data on that topic.