Title: Quantitative Marketing Research

Location: US

Company: Indian Institute of Management Bangalore

About this course:
Marketing research is crucial to marketing managers, as it helps answer crucial marketing questions using data. In this course, we introduce quantitative marketing research techniques in conjunction with key marketing concepts. The participant is introduced to the design, implementation and interpretation of quantitative market research projects.
The participant is introduced to the concept of value and willingness-to-pay, along with how to use auctions to estimate this. We then cover conjoint analysis, where the concept of value as a function of different attributes is discussed. We then move on to cluster analysis, where we discuss market segmentation based on different value propositions that different customers may seek.
Finally, we discuss ethical issues in marketing research, going beyond its technical aspects.

An introduction to the concept of value

Value and willingness-to-pay

The marketing research process

Estimating willingness-to-pay using auctions

Elements of quantitative survey design

Segmentation using cluster analysis

Ethical issues in marketing research

Learn how to design a quantitative market research project, and implement specific methods, interpret data and come up with marketing decisions.

Duration: 5 weeks

Skills:
- Addressing Ethical Concerns
- Cluster Analysis
- Conjoint Analysis
- Market Research
- Market Segmentation
- Marketing
- Marketing Concepts
- Marketing Research
- Quantitative Marketing Research
- Research
- Value Propositions

Curriculum:
- An introduction to the concept of value
- Value and willingness-to-pay
- The marketing research process
- Estimating willingness-to-pay using auctions
- Elements of quantitative survey design
- Segmentation using cluster analysis

- Ethical issues in marketing research