Preview

Marketing

Good Essays
Open Document
Open Document
578 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing
Tania Ghawi

Puerto Vallarta Autos
Marketing Research (30pts)

Research the 5 main types of marketing research and determine the best method for the below scenario. 5 Types of Market Research
*Your answer should be concise and professionally written.
*Minimum of 1 page typed and double spaced.
*Type your answer as an extension to THIS file.
* THIS IS NOT GROUP WORK!
Due: Wednesday November 10 1. Surveys 2. Focus Groups 3. Personal Interviews 4. Observations 5. Field Trials
Puerto Vallarta Autos has been in business since 1967. It has always been a successful, professional organization. Since the locality has an economy based mainly upon agriculture, their traditional customer has been the aspiring Mexican consumer, usually business or professional people.
Recently they have noticed that their local market has changed considerably. Puerto Vallarta has become a center for tourism and recreation for Mexicans from Guadalajara and Mexico City, as well as North Americans and Europeans. There are many beach clubs, hotels, apartments, and holiday condos.

Doreteo Dominguez, the sales manager at Puerto Vallarta Autos, feels that the company may have a problem. They do not know who their customer is and hence cannot target advertise.
You are the Account Representative for Punta Mita Marketing Research Associates. Advise Doreteo Dominguez on an appropriate method of marketing research, and describe any advantages and disadvantages of such a method.

Survey: with concise and straightforward questionnaires, you can analyze a sample group that represents your target market. The larger the sample, the more reliable your results will be. * In-person surveys are one-on-one interviews typically conducted in high-traffic locations such as shopping malls. They allow you to present people with samples of products, packaging, or advertising and gather immediate feedback. In-person surveys can generate response rates of more than 90 percent, but

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Based on your selected scenario, identify the detailed areas in which market research is needed (e.g., population, target market, per capita) and describe their importance to the organization in the selected scenario.…

    • 246 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Assignment 2014

    • 1830 Words
    • 9 Pages

    research methods have been used to make a marketing decision within a selected situation or business…

    • 1830 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    Lululemon Essay Example

    • 351 Words
    • 2 Pages

    · Questionnaires and surveys are helpful in defining what the consumer is looking for and what their needs are.…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Sugar Study

    • 277 Words
    • 2 Pages

    survey method has pro’s like it’s easier to perform, more time efficient, and the like. The con’s…

    • 277 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Assessing the people’s attitude while doing a survey is the most important aspect, and it is done by using different methods. Some of the methods are Effective and liking a component, knowledge component, intention or action behavior. These are the various concepts of measurement that will give an idea about the individuals and their individuals about the product.…

    • 285 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    After many decades of success, customers have increasingly become harder to find. Due to relatively new threats to the industry, an increasing numbers of cars and trucks are parked in dealer lots and showrooms, creating an alarming trend of stagnation and profit loss. Foreign based automakers such as Toyota and Honda have expanded into domestic shores and in turn have wrestled marked share from American and Canadian automakers.…

    • 1827 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Affordable Health Care

    • 946 Words
    • 4 Pages

    Survey research is one of the most important areas of measurement in social research. It involves asking questions to various respondents and come up with a conclusion. Some examples of what surveys can be used for is to find out how many people have a chronic disease, if it’s in the early stages or more developed, if they’re happy with the services they’ve received, and if they feel like the costs of the services rendered are worth the money. Not only can surveys be used for the patients opinions, but they can also be used to survey doctors and health care…

    • 946 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Ibms

    • 890 Words
    • 4 Pages

    In this P I will be showing how different market research methods can be helpful in identifying whether there is a market for that business in the area where I live. I will also describe how these different research methods complement each other.…

    • 890 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    General Motors Company

    • 283 Words
    • 1 Page

    We design, build and sell cars, trucks and automobile parts worldwide. We also provide automotive financing services through…

    • 283 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    What are the advantages and disadvantages of the two principal methods of gathering data - the questionnaire and the interview? Two principal methods of gathering data are questionnaires and the interview. Both of these methods have advantages and disadvantages which must be considered before utilizing information so the best method suited for the particular scenario is picked. Interviews provide more opportunity for participants to clarify and elaborate giving more detail to their answers. Care must be taken in the structure of the interview guide and choosing interviewers. Interviewers must be chosen who can elicit trust and avoid confrontation while still gaining specific knowledge. This is crucial to the company or firm who need a person to fill the slot. In addition interviewers also must be trained to respond to any contingency. Interviews may be done in person or over the phone and are far more personal than questionnaires. Either method is time consuming. Face to face interviews may include travel cost and additional time, but are more effective because there are facial expressions and the atmosphere which allows the interviewer to note these non-verbal indicators. This cuts down on confusion or uneasiness and gain respondent's reactions. Face-to-face interviews must have a place to conduct the data collection, while telephone interviews must have well-equipped phone surveying facilities. Telephone interviews may be viewed as intrusive and people sometimes feel intruded upon. In addition, not everyone has a listed telephone number. Respondents lose the anonymity of a questionnaire through interviews, which may lead to un truths or shielding of information. Interviewees may answer a certain way in an effort to appeal to the interviewer or look good. A major advantage of an interview is the opportunity to go further into information and clarify questions for the participant. Interviews help respondents who may struggle with reading and writing skills.…

    • 581 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Two strengths that make my vehicle dealership stand out from the rest is our amazing customer service. My dealership has been in business since the early ninety’s and we are known for…

    • 713 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Please note that the review sheet is just a guide and that questions for the exam will come from .lectures, guest speakers, videos, cases, discussions, examples, and required readings.…

    • 595 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    volkswagen

    • 192 Words
    • 2 Pages

    range of customer groups at a range of prices. It is one of the top automotive manufacturer’s…

    • 192 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Access Lessons

    • 3746 Words
    • 15 Pages

    The business envisions itself to become the number automotive parts supplies in the Cavite region.…

    • 3746 Words
    • 15 Pages
    Good Essays
  • Good Essays

    Speak Asia

    • 3311 Words
    • 14 Pages

    Surveys cut the risk of product failure to a large extent as it enables companies to understand the psyche of their customers. They provide companies with valuable customer information. This, in turn, helps them get an edge over the competition, and come up with successful products and services from time to time…

    • 3311 Words
    • 14 Pages
    Good Essays

Related Topics