Marketing Research and Geofencing

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Questions and Answers

What are some examples of marketing research studies?

  • Sales forecasting and employee satisfaction
  • Customer service and inventory management
  • Product testing and pricing (correct)
  • Website design and social media management

What are the two types of marketing research?

  • Primary and secondary
  • Qualitative and quantitative
  • Internal and external (correct)
  • Experimental and observational

What are some ethical issues in marketing research?

  • Product quality and customer service
  • Employee satisfaction and turnover rate
  • Respondent abuse and privacy violations (correct)
  • Advertising effectiveness and market segmentation

How will technological and global changes affect the future of marketing research?

<p>They will change the way research is conducted (D)</p> Signup and view all the answers

What is geofencing?

<p>A virtual fence placed around a geographic location (B)</p> Signup and view all the answers

How can geofencing be used in marketing research?

<p>To capture in-the-moment feedback (A)</p> Signup and view all the answers

Do consumers have to agree to turn on location-based apps for researchers to collect data?

<p>Yes (A)</p> Signup and view all the answers

Flashcards

Marketing Research Examples?

Product testing and pricing strategies.

Types of Marketing Research?

Research conducted using internal data and research using external sources.

Ethical Issues in Research?

Respondent abuse and privacy violations.

Tech Impact on Research?

It will change how research is conducted.

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What is Geofencing?

A virtual boundary around a geographic location.

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Geofencing in Research?

To capture in-the-moment feedback from consumers within a specific area.

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Location Data Agreement?

Yes, consent is required to collect location data.

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Study Notes

  • Marketing research provides accurate information for marketing decisions.
  • It helps organizations understand consumers and markets.
  • Marketing research studies include product testing, advertising effectiveness, pricing, and segmentation.
  • Research can be conducted internally or externally.
  • Ethical issues in marketing research include respondent abuse and privacy violations.
  • Technological and global changes will affect the future of marketing research.
  • Geofencing is a virtual fence placed around a geographic location.
  • Geofencing can be used to capture in-the-moment feedback and match online browsing behavior to in-store behavior.
  • Consumers must agree to turn on location-based apps for researchers to collect data.
  • The use of geofencing is likely to grow in the future.

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