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QUALITATIVE AND QUANTITATIVE CONSUMER RESEARCH METHODS

QUALITATIVE AND QUANTITATIVE CONSUMER RESEARCH METHODS – DIFFERENCE YOU MUST KNOW

Posted on December 21, 2023December 21, 2023 By commerceiets No Comments on QUALITATIVE AND QUANTITATIVE CONSUMER RESEARCH METHODS – DIFFERENCE YOU MUST KNOW

QUALITATIVE AND QUANTITATIVE CONSUMER RESEARCH METHODS

CONSUMER RESEARCH

Consumer research is often needed to ensure that the companies produce what customers want and not what the companies think. Consumer research is the part of market research where the preferences, perceptions, habits, motivations, and buying behavior of the targeted customer are identified. It may identify through direct observation, mail surveys, telephone or face-to-face interviews, and from published sources. Consumer research is the activities performed to gathering the information about consumers’ needs and preferences, especially in relation to a particular product or service. It is based on consumer habits and uses, attitudes, retention, and new product acceptance which help the marketer to understand the consumer and to improve marketing strategies.

General consumer research survey measures the frequency of product use, situation use, experiential use, and use satisfaction. New product market acceptance analysis measures include product specification, elimination of unacceptable features and levels, evaluation of feature level acceptability, and feature importance and validation with full profile choice sets. General measures of a consumer retention survey include trust, loyalty, and retention measures.

Consumer research analysis helps marketing research professionals determine the wants and needs of their consumers. Once these desires are known, companies can develop marketing strategies to meet the consumer’s wants and needs. Companies that meet the needs of their consumers can usually expect greater sales and profits.

Consumer research is an important part of any company. Large corporations know how valuable information is gained and how that can be utilized so it allocates large budgets to consumer research. Even a small corporation location business could benefit tremendously by asking feedback of its customers. Consumer research helps companies improve their products and generate new ideas based on consumer demand.

QUALITATIVE AND QUANTITATIVE CONSUMER RESEARCH METHODS- EXPLAINED

Research professionals usually conduct consumer research analysis on both the qualitative and quantitative level.

QUALITATIVE RESEARCH METHODS

Qualitative research methods are used when we don’t know what to expect, to define the problem or develop an approach to the problem. It’s also used to go deeper into issues of interest and explore nuances related to the problem at hand. Common data collection methods used in qualitative research is focus groups, triads, dyads, in-depth interviews, uninterrupted observation, bulletin boards, and ethnographic participation/observation. Qualitative consumer research analysis helps provide basic information on new products, but the data cannot be used to predict future buying behavior.

  • Consists of depth interviews, focus groups, metaphor analysis, and projective techniques.
  • Administered by highly trained interviewer-analysts.
  • Findings tend to be subjective.
  • Findings not usually general.
  • Small sample sizes.

QUANTITATIVE RESEARCH METHODS

In contrast, Quantitative level consumer research analysis consist methods, such as surveys (online, phone, paper), audits, points of purchase (purchase transactions), and click- streams, involve much larger sample sizes and consequently are more reliable in predicting buying behavior among the general population. Quantitative research is conclusive in its purpose as it tries to quantify the problem and understand how prevalent it is by looking for projectable results to a larger population.

  • Descriptive in nature.
  • Enables marketers to “predict” consumer behavior.
  • Research methods include experiments, survey techniques, and observation.
  • Findings are descriptive, empirical and general.

DIFFERENCE BETWEEN QUALITATIVE AND QUANTITATIVE CONSUMER RESEARCH METHODS

BasisQualitative researchQuantitative research
Primary purposePrimary purpose is to describe ongoing processPrimary purpose is to determine cause and effect relationship
InformationMore in-depth information on a few casesLess in-depth but more breadth of information across a large number of cases
Methods usedMethods include focus groups, in- depth interviews, and reviews of documents for types of themesSurveys, structured interviews & observations, and reviews of records or documents for numeric information
Inductive/ DeductivePrimarily inductive process used to formulate theory or hypothesesPrimarily deductive process used to test      pre-specified concepts, constructs, and hypotheses that make up a theory
NatureMore subjective: describes a problem or condition from the point of view of those experiencing itMore objective: provides observed effects (interpreted by researchers) of a program on a problem or condition
Based uponText-basedNumber-based
Response optionUnstructured or semi-structured response optionsFixed response options
Type of testNo statistical tests                  Statistical tests are used for analysis
ReliabilityCan be valid and reliable: largely depends on skill and rigor of the researcherCan be valid and reliable: largely depends on the measurement device or instrument used
Time expenditureTime expenditure lighter on the planning end and heavier during the analysis phaseTime expenditure heavier on the planning phase and lighter on the analysis phase
QuestionsHow many?What? Why?
GeneralizabilityLess generalizableMore generalizable
Science“Soft” science“Hard” science
Literature reviewLiterature review may be done as study progresses or afterwardsLiterature review must be done early
TheoryDevelop theoryTest theory
FocusMultiple realities: focus is complex and broadOne reality: focus is concise and  narrow
Types of InterpretivelyMeasurable interpretiveInterpretation
QUALITATIVE AND QUANTITATIVE CONSUMER RESEARCH METHODS
CONNECT ON LINKEDIN
Also Study:Also Study:Also Study:
Nature of Consumer BehaviorNeed for studying consumer behavior in marketingConsumer Behavior vs Consumption Behavior
Personal determinants of consumer behaviorDefine consumer behaviorConsumer behavior issues
Consumer Buying rolesEconomic Determinants of Consumer BehaviorDiversity of consumer behaviour
Basic Model of Consumer BehaviourTraditional consumer behaviour modelsEconomic Model of Consumer Behavior
Information processing model of consumer behaviourCognitive model of consumer behaviorPsychoanalytic model of consumer behavior
Sociological model of consumer behaviorDecision making model of consumer behaviorLearning model of consumer behavior
Psychological determinants of consumer behaviorSOCIOLOGICAL DETERMINANTS OF CONSUMER BEHAVIORREASONS FOR THE DEVELOPMENT OF CONSUMER BEHAVIOR
Scientific approach for studying consumer behaviorIntuition and scientific methods of decision making in consumer behaviorReluctance to use scientific methods for studying consumer behavior
Motivation in consumer behaviorElements of motivation in consumer behaviorConsumer Motivation and satisfaction relationship
Stages of consumer behaviorMarketing strategy and consumer behaviour
QUALITATIVE AND QUANTITATIVE CONSUMER RESEARCH METHODS
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CONSUMER BEHAVIOR Tags:DIFFERENCE BETWEEN QUALITATIVE AND QUANTITATIVE CONSUMER RESEARCH METHODS, QUALITATIVE CONSUMER RESEARCH METHODS, QUANTITATIVE CONSUMER RESEARCH METHODS

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