Preview

How to Write a Marketing Research Proposal Essay Example

Satisfactory Essays
Open Document
Open Document
350 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How to Write a Marketing Research Proposal Essay Example
Step 1
Determine why the research is taking place. A market research proposal must explain the purpose of the research. The abstract at the beginning of the proposal will explain the goals of the research as well as any theories the research is attempting to prove.
Step 2
Identify the information needed for the research. Explain the type of research information that is necessary to serve the purpose identified in step one. For example, if the research is on television viewing habits, one type of information needed is the kind of shows being watched as well as the audience that is watching. Different demographics often have different viewing habits, so identifying the information you need is a critical part of the market research proposal. This information is a necessary component in the first third of the proposal.
Step 3
Explain the research methods that will be used. You know what information is needed; now detail how you will find it. Will you use a poll? What other measuring tools will you use?
Step 4
Explain the cost of the research. The cost is going to influence those making the decisions. Each recommendation you make should include a specific cost breakdown as well as a rating of the importance of that research tool in relation to the others. For example, if you can obtain the same information through two different methods, you should include cost, validity and reliability scales for decision-making.
Step 5
Conclude the market research proposal with a summary and recommendation. While the bulk of the proposal should explore all options, the summation should include your recommendations and assessments of all the available options.
6. Step 6
Edit for structure. Be sure to format the market research proposal with an executive summary (abstract/introduction), background (information and research), and a definition of the research or the problem you seek to resolve with the research. Be sure to include objectives, research methods (how information

You May Also Find These Documents Helpful

  • Good Essays

    The process of market research is systematically collecting, recording and analysing information associated with a marketing problem. Following this process gives an insight into the customers mind so that it can be understood what they want.…

    • 1069 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Prepare a 2-page outline of your Research Proposal. The outline should provide an overview of the main elements of your proposal. It should include:…

    • 435 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Prepare a 700 to1050 word detailed outline of your Market Research Implementation Plan in which you address the following:…

    • 246 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    The student must demonstrate the ability, knowledge and skills required in identifying market research needs and drafting research objectives for a proposed…

    • 4127 Words
    • 16 Pages
    Better Essays
  • Satisfactory Essays

    Miss

    • 713 Words
    • 4 Pages

    You are required to Justify why you have chosen the research methods identified in your plan.…

    • 713 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    The purpose of any market research project is to achieve an increased understanding of the subject matter. With markets throughout the world becoming…

    • 3039 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Both proposals have different usage in business system. The formal proposals very frequently used by the product developers and financial analysts to figure out if there is a requirement for developing another product by the company, whereas the business proposal generally used to find out the best possible manner for entering the market after the product is developed. Research is basically a systematic investigation and study of sources or materials which is an integral part for drafting any kind of the proposal. This is important to establish the required facts for drafting proposal and develop conclusions. When writing a business proposal, there is a need to conduct a formal research on the market.…

    • 1413 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    There are certain areas which should always be included in a research brief. Most client briefs or Requests for Proposal (RFP) outline the research need and let the agency determine how best to meet that need. Some clients may wish to be prescriptive and state exactly how they want their needs to be met, including stating research methodology and sample sizes.…

    • 1209 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Research Proposal

    • 472 Words
    • 2 Pages

    * What traditional research proposal elements were included in this proposal? Which ones were left out? Why do these choices best suit the investigation or the audience that might read the proposal?…

    • 472 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    critical thinking

    • 400 Words
    • 2 Pages

    Then write a research proposal. A research proposal clarifies—for your instructor, your classmates, and for you—why you intend to research a specific topic, how you intend to research it, and what purpose your work will serve or outcome you hope to achieve. Though you may be required to do much more detailed proposals in later classes, this one can be completed in two paragraphs.…

    • 400 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Gb500 Unit 4 Assignment

    • 2096 Words
    • 9 Pages

    Market Research is the action or activity of gathering information about consumers' needs and preferences. Market Researcher is principally responsible for interpreting data, formulating reports and making recommendations based upon the research findings. To accomplish this task, the Market Researcher works with the client (either internal or external) to understand, define and document the overarching business object. The Market Researcher applies qualitative and quantitative techniques to interpret the data and produce substantiated recommendations. Market Researcher frequently present the findings and recommendations to the client (Bont & Hamersveld, 2007).…

    • 2096 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    A research prospectus is a brief overview of the key components of a research study. These components together form the DNA of the research methodology design. The purpose is to build quality into the proposal process by getting this DNA right before launching into developing a full blown proposal. Experience suggests that if the DNA is right, the proposal comes together much easier, is more likely to be in ternally consistent, and requires less rework.…

    • 2112 Words
    • 9 Pages
    Good Essays
  • Good Essays

    New Venture Creation

    • 850 Words
    • 4 Pages

    You must give full details of your intended market and this should be followed with the findings of the primary and secondary market research.…

    • 850 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Coca Cola

    • 4318 Words
    • 18 Pages

    The marketing plan is followed by a marketing research to identify the area of opportunities.…

    • 4318 Words
    • 18 Pages
    Best Essays
  • Good Essays

    WRITING A RESEARCH PROPOSAL What is a research proposal? A research proposal presents and justifies a research idea and the practical ways in which it can be solved. It analyzes and synthesizes the existing research about a particular topic and describes the writer’s own idea for a new study, based on the assessment of gaps or problems in the research literature. It answers three questions: (1) what the project is, (2) why it’s important, and (3) how it will be handled. More precisely, a proposal is a demonstration of a commitment to an extensive study. Before starting: Answer the following questions before starting to work on the proposal: Are you familiar with other research in related areas? Do you have clear understanding of the project? Do you have the ability to go through the steps and complete the project? Do you have the motivation to go through ALL the steps? YES to all the questions means you are ready to write your research proposal! Defining the project: Keep these in mind when defining the research project through the proposal: Make sure you benefit those who are participating in the research. (They have the right to know what you are doing and share your findings. Your research should empower you with new understandings and also empower those who are participating with you.) Choose your methodology wisely. Will it be qualitative (i.e., based on interviews and questionnaires) or quantitative (i.e. based on statistics and numbers)? Sometimes a combined methodology can make the most sense. (e.g. You can combine a qualitative preliminary study with a quantitative main study.) Decide on where you will conduct the research carefully. This is a major decision. (Conducting a research project away from home can actually be more productive because it can give a better control of the variables.) If you conduct research in conjunction with another…

    • 679 Words
    • 3 Pages
    Good Essays