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Consumer Marketing
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Section 2

The Market Research Process

Book Version 3
By Boundless
Boundless Marketing
Marketing
by Boundless
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5 concepts
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Defining Objectives and Formulating Problems

Defining the problem and research objectives is the first step involved in the marketing research process.

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Plan the Research Design

The research design is a framework or blueprint for conducting the marketing research project.

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Collecting Data

Data collection is a crucial step in the research process because it enables the generation of insights that will influence the marketing strategy.

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Analyzing Data

Data Analysis is an important step in the Marketing Research process where data is organized, reviewed, verified, and interpreted.

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Developing Insights and an Action Plan

A successful presentation provides conclusions (based on the insights gathered) that effectively meet the objectives of the research.

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