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PRINCIPLES OF MARKETING
Table of Contents
OBSERVATION: .................................................................................................................................................. 4
MY OBSERVATION:........................................................................................................................................ 4
PROBLEM: ......................................................................................................................................................... 4
TYPE OF RESEARCH: .......................................................................................................................................... 4
VARIABLES: ....................................................................................................................................................... 5
CLASSIFICATION OF VARIABLES: ....................................................................................................................... 6
Dependent Variable ...................................................................................................................................... 6
Independent Variable ................................................................................................................................... 6
THEMATIC DIAGRAM ........................................................................................................................................ 7
LOGICAL STATEMENT........................................................................................................................................ 8
TYPE OF INVESTIGATION................................................................................................................................... 8
study settings ................................................................................................................................................ 8
UNIT OF ANALYSIS ............................................................................................................................................ 8
TIME HORIZON.................................................................................................................................................. 8
METHOD SELECTION ......................................................................................................................................... 9
DATA COLLECTION ............................................................................................................................................ 9
SAMPLING TYPE ................................................................................................................................................ 9
Non Probability Sampling: ............................................................................................................................ 9
QUESTIONIARE................................................................................................................................................ 10
MEASUREMENT SCALES:............................................................................................................................. 10
QUESTIONIARE FOR LIPTON: ...................................................................................................................... 10
FINDINGS ........................................................................................................................................................ 14
SUGESTIONS.................................................................................................................................................... 14
LIMITATIONS ................................................................................................................................................... 14
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PRINCIPLES OF MARKETING
OBSERVATION:
Before starting any research, we need a purpose of that research which is the problem of any
brand or product needs a solution. For going towards the solution we need to observe in the
market. Problem cannot be identified without observation.
1. Sense of vision
2. Sense of smelling
3. Sense of tasting
4. Sense of feeling [touch]
5. Sense of hearing
MY OBSERVATION:
There is abundance of Lipton mint flavored tea on the shelves of big stores.
PROBLEM:
Why people are not purchasing Lipton mint flavored tea?
TYPE OF RESEARCH:
The Research type is exploratory.
Because the causes and effects are not clear
Data is inaccessible but available
Available data is not from the credible source.
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PRINCIPLES OF MARKETING
VARIABLES:
Availability
Supply chain
Product Cost
Margin of profit
Customer purchasing power
Customer desired value
Customer taste
Customer awareness
4 P’s
Customer brand loyalty
Economic cycle
Government regulation
Currency devaluation
Tax tariff
Manufacturing
Market volume
Competition
Quality
Population Growth
Demographic factors
International regulation
Geographic factors
Infrastructure
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PRINCIPLES OF MARKETING
CLASSIFICATION OF VARIABLES:
DEPENDENT VARIABLE
INDEPENDENT VARIABLE
Price
Taste
Packaging
Advertisement
MODERATING VARIABLES
Customer preferences
GST
Resources
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PRINCIPLES OF MARKETING
THEMATIC DIAGRAM
Customer’s
preference
GST
Resources
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PRINCIPLES OF MARKETING
LOGICAL STATEMENT
IF the price of Lipton mint tea decrease THEN the sale will Increase.
IF the packaging of Lipton mint tea is in variety THEN the sale will Increase.
IF the taste is good THEN the sale will Increase.
IF the advertisement is proper THEN the sale will Increase.
TYPE OF INVESTIGATION
The investigation type is CORELATIONAL [non causal]
STUDY SETTINGS
The area research is conducted are makro whole sale centre, HKB and Alfatah store in a natural
environment. We selected the people randomly and give them the questionnaire.
UNIT OF ANALYSIS
Unit of analysis is INDIVIDUAL.
TIME HORIZON
Time Horizon is LONGITUDNAL.
TIME is fixed
AREA is not fixed
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PRINCIPLES OF MARKETING
METHOD SELECTION
POPULATION: LAHORE (APPROX 9MILLION)
SAMPLE: 30 SAMPLES
SUBJECT 30 CONSUMER
DATA COLLECTION
1. Observation:
2. Structured Interviews:
3. Questionnaires:
Introduction
General Questions
Specific Questions
Counter Questions
Personal Information Questions
SAMPLING TYPE
NON PROBABILITY SAMPLING:
In Non probability sampling we have conducted quota sampling.
i. HKB
ii. Al-fateh
iii. Makro
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PRINCIPLES OF MARKETING
QUESTIONIARE
MEASUREMENT SCALES:
1. Nominal Scale
2. Ordinal Scale
3. Interval Scale
4. Ratio Scale
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PRINCIPLES OF MARKETING
3. Do you use Lipton mint tea?
5. In the current level of Govt. regulation, the price of the mint tea is?
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PRINCIPLES OF MARKETING
6. The packaging of Lipton mint tea is according to your perceived value?
8. What was your reaction towards the commercial of Lipton mint tea?
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PRINCIPLES OF MARKETING
9. After experiencing the Lipton mint tea, are you satisfy by the taste of it?
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PRINCIPLES OF MARKETING
FINDINGS
1. Advertising is not capturing the target market of Lipton Mint as compared to
Lipton Tea
2. Taste of Lipton tea is not preferable by the most of the consumers because of
artificial ingredients.
SUGESTIONS
1. PUSH & PULL strategy is required there
LIMITATIONS
1. Time constraints
2. Financial constraints
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PRINCIPLES OF MARKETING