Marketing Research Lecture 1: Introduction
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Questions and Answers

According to tentative brain imaging studies, what type of brain activity, as detected by EEG, may help researchers differentiate between positive and negative emotions?

  • Asymmetric patterns of frontal lobe activity (correct)
  • Symmetric patterns of frontal lobe activity
  • Symmetric patterns of temporal lobe activity
  • Asymmetric patterns of the temporal lobe activity
  • Significant Locations data on iPhones is sent to Apple for analysis and service improvement.

    False (B)

    What percentage of the final grade does the group project constitute?

    35%

    The midterm exam will cover lectures, posted slides, and any assigned ______.

    <p>readings</p> Signup and view all the answers

    Match the project key dates with the corresponding activity:

    <p>Jan 29 = Preliminary Project Proposal Due February 5 = Test Potential Survey Questions March 26 or April 2 = Group Presentation April 4 = Final Report Due</p> Signup and view all the answers

    According to the lecture, what is the primary purpose of asking open-ended questions about thoughts and feelings in qualitative marketing research?

    <p>To inform branding decisions (A)</p> Signup and view all the answers

    The AI chat support for MGT 453 is guaranteed to be 100% accurate.

    <p>False (B)</p> Signup and view all the answers

    What type of questions are considered a quintessential tool for qualitiative marketing research?

    <p>Open-ended questions</p> Signup and view all the answers

    To get consumer __________ on a service, marketing researchers may ask about thoughts and feelings.

    <p>feedback</p> Signup and view all the answers

    Match the scenario with the marketing decision it aims to inform:

    <p>Seeing ReMax's new logo = Branding decisions Watching the TripAdvisor commercial = Promotion decisions Picking up a fidget spinner = Product feedback Helicopter ride over Niagara Falls = Service feedback</p> Signup and view all the answers

    Which of the following is NOT explicitly mentioned as an application of qualitative marketing research in the provided material?

    <p>Financial forecasting (C)</p> Signup and view all the answers

    A specific textbook is required for the course.

    <p>False (B)</p> Signup and view all the answers

    According to Professor Landry, what should students do if they are unsure about the accuracy of the AI chat support?

    <p>Double-check with the professor</p> Signup and view all the answers

    Which of the following is a characteristic of quantitative marketing research?

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

    Qualitative research typically involves mass data collection from large samples.

    <p>False (B)</p> Signup and view all the answers

    According to the content, what does the interpretation of orientations away from a stimulus indicate?

    <p>external distraction and/or boredom</p> Signup and view all the answers

    Raised eyebrows indicates surprise and/or ______.

    <p>skepticism</p> Signup and view all the answers

    What does pupil dilation potentially indicate in the field of neuromarketing?

    <p>Strong emotions and/or high cognitive engagement (D)</p> Signup and view all the answers

    Subjects can consciously control their pupil dilation.

    <p>False (B)</p> Signup and view all the answers

    What are two potential interpretations of dilated pupils?

    <p>strong emotions and/or high cognitive engagement</p> Signup and view all the answers

    Lowered eyebrows indicate confusion and/or ______.

    <p>anger</p> Signup and view all the answers

    Which eye-tracking measure is often viewed as the most useful?

    <p>Pupil Dilation (B)</p> Signup and view all the answers

    Match the research methods with their characteristics:

    <p>Qualitative = Intimate data collection from fewer subjects Quantitative = Greater accuracy, generalizability of results Neuromarketing = Uses eye-tracking devices Pupil Dilation = Indicates strong emotions</p> Signup and view all the answers

    According to the content, what is the primary function of marketing research?

    <p>To design, gather, analyze, and report information for solving specific marketing problems (D)</p> Signup and view all the answers

    Nielsen's 'people meter' was first introduced in 1997.

    <p>False (B)</p> Signup and view all the answers

    What type of data does Nielsen's 'people meter' primarily record?

    <p>TV watching habits</p> Signup and view all the answers

    Nielsen acquired __________, a neuromarketing company, in 2011.

    <p>Neurofocus</p> Signup and view all the answers

    Match the following marketing research tools with their primary function:

    <p>People Meter = Records TV viewing habits EEG (Electroencephalography) = Measures brain activity in response to stimuli Eye-tracking = Tracks pupil dilation Galvanic Skin Response Measurement = Measures emotional states</p> Signup and view all the answers

    What does EEG primarily measure in the context of neuromarketing?

    <p>Brain activity (D)</p> Signup and view all the answers

    Galvanic skin response is weakly linked to emotional states.

    <p>False (B)</p> Signup and view all the answers

    Besides EEG, name one other method Neurofocus uses to complement its data collection.

    <p>Eye-tracking OR Galvanic skin response measurements</p> Signup and view all the answers

    During a strong emotional response, our _____ dilate.

    <p>pupils</p> Signup and view all the answers

    What are the benefits of ‘people meter’ as a tool for data collection?

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

    Flashcards

    Marketing Research

    The process of gathering, analyzing, and interpreting information about a market.

    Qualitative Research

    A method of marketing research focused on understanding customer thoughts and feelings through open-ended questions.

    Open-ended Questions

    Questions that allow respondents to express their thoughts and feelings freely.

    Branding Decisions

    Choices made to establish a brand's identity and market presence.

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    Consumer Feedback

    Information provided by customers about their experiences with a product or service.

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    Product Prototype

    An early sample model of a product built to test a concept or process.

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    Promotion Decisions

    Choices related to marketing strategies to communicate and sell products.

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    TripAdvisor Commercial

    An advertisement that showcases travel experiences, often using creative storytelling.

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    Frontal Lobe Activity

    Patterns of brain activity used to differentiate emotions.

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    Location-Based Alerts

    Notifications based on your current location for app suggestions.

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    Significant Locations

    Personal places learned by devices for useful location info, kept private.

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    Group Project Guidelines

    Framework for conducting a research project in groups of 3-6.

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    Midterm Exam Structure

    Covers lectures and readings, consists of multiple choice and short answers.

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    Nielsen’s People Meter

    Device that records TV viewing habits in selected homes.

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    Passive Data Collection

    Gathering data with minimal user interaction, reducing costs.

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    Neurofocus Acquisition

    Nielsen's 2011 purchase of a company using EEG to study consumer reactions.

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    Electroencephalography (EEG)

    Technique to measure brain waves and activity in response to stimuli.

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    Galvanic Skin Response

    Measurement of electrical conductivity of the skin, indicating emotional arousal.

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    Eye Tracking

    Technology that measures where and how the eyes move, often used in marketing.

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    Emotional Response

    Reactions triggered by stimuli that can be measured through various tools.

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    Cognitive Engagement

    The mental effort involved when a person interacts with an idea or stimulus.

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    Data Advantages and Disadvantages

    Benefits include cost-effectiveness; disadvantages can include lack of personal interaction.

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    Predetermined Response Formats

    Response options set in advance, typical in quantitative surveys.

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    Standardized Data

    Data that is collected uniformly, allowing for consistent analysis.

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    Mass Data Collection

    Gathering data from a large number of subjects simultaneously.

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    Eye-tracking Devices

    Technology used to measure where a person looks and gaze patterns.

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    Pupil Dilation

    An involuntary response indicating emotional or cognitive engagement.

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    Interpretations of Eye Movements

    Understanding emotional reactions based on eye movements (e.g., raised eyebrows indicate surprise).

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    Emotional Subconscious

    Feelings that are not consciously recognized, often revealed through physiological measures.

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    Study Notes

    Marketing Research Lecture 1: Introduction

    • The lecture is for MGT 453, Marketing Research, taught by Professor Landry at the University of Toronto, Mississauga.

    • The AI assistant for MGT 453 can answer questions about course concepts, logistics, and topics, available 24/7.

    • Helpful tips for using the AI assistant include: asking questions in your preferred language; and if something isn't clear, asking again in a different way

    • The course syllabus does not specify a textbook. Materials will be provided through the course website or other resources.

    • Previously, the course used variations of Burns, Veeck, & Bush "Marketing Research"

    • Additional readings will be posted to the course website or included in lecture slides.

    • Today's class covers: What is marketing research (past, present, and future); Why do marketing research; and Class logistics (e.g., how the class is structured).

    • The lecture prompts reflection by asking students: "What was going through your mind?"; "How did you feel?"; and "Can you elaborate?" these prompts are useful tools in qualitative marketing research.

    • Examples in the lecture include: New ReMax logo observations and Tripadvisor commercial observations, an alloy rainbow fidget spinner, and a helicopter ride over Niagara Falls.

    • Several examples of qualitative marketing research techniques, including using open-ended questions to get feedback on thoughts, feelings, and reactions.

    • Qualitative vs. Quantitative Marketing Research:

      • Qualitative research uses open-ended questions, allowing for a wide range of responses from fewer subjects, seeking detailed and candid responses.
      • Quantitative research uses predetermined response formats, allowing for standardized data and mass data collection from large samples for accuracy and generalizability.
    • Quantitative Marketing Research (Predetermined Response Formats):

      • Predetermined response formats
      • Standardized data
      • Mass data collection from large samples
      • High accuracy and generalizability
      • Statistical methods can be applied
    • Questions the lecturer asks students to reflect on during the lecture include: Questions that include the terms: Distraction, boredom, surprise, skepticism, confusion, anger, strong focus and strong emotional reactions.

    • Eye Movements in Qualitative Research:

      • Eye movements can indicate external distraction, boredom, surprise, skepticism, confusion, anger, strong focus, and strong emotions.
      • Eye-tracking devices measure eye movements to gauge emotional and cognitive engagement.
      • Examples of eye-tracking devices include Tobii Pro
    • Eye Tracking and Pupil Dilation:

      • Pupillary dilation is often viewed as a helpful eye-tracking measure.
    • Limitations of Pupil Dilation: Determining whether pupil dilation is due to strong emotion or high cognitive engagement, or whether the emotion is positive or negative.

    • Marketing Research Process (next lecture): The process involves these steps: Establishing need for research, defining the problem, establishing objectives, determining design, identifying information types/sources, determining data access methods, designing data collection forms, determining sample plan/size, collecting the data, analyzing that data, and preparing/presenting the research report.

    • Class schedule: Lectures begin 10 minutes after the hour and end on the hour, usually with a 5-minute break. Office hours are Thursdays from 10 AM to 12 PM in KN 245 or via Zoom (link on Quercus).

    • MGT 453 Grading:

      • Midterm: 25%
      • Group Project: 35%
      • Final Exam: 38%
      • Participation: 2%
    • Group Project Details:

      • Students will conduct an online survey.
      • Groups will consist of 3–6 people. Students can form their own groups or be assigned.
      • Forming a group requires at least one person to send an email with the group's members to the professor.
      • Group members decide a topic for the project by the third class.
    • Group Project Key Dates:

      • January 29: Proposal due (2-page document).
      • February 5: Online class to test survey questions.
      • March 26 or April 2: Group presentations.
      • April 4: Final report due.
    • Midterm Exam:

      • February 12 (during class)
      • Covers lectures, posted slides, and required readings. Multiple choice and short answer/short essay questions approximately half and half.
    • Final Exam:

      • Cumulative exam.
      • Similar format to the midterm, but longer and includes quantitative questions.
      • Non-programmable calculator permitted; date/time TBD
    • Email Communication:

      • Use University of Toronto email addresses.
      • Subject line should include "MGT 453".
      • Emails should be specific (e.g. do not request to explain an entire concept; instead, come to office hours for help).
    • Accessibility Services: Accessibility Services is seeking volunteer note-takers to support students with disabilities. Note-takers take detailed notes of class sessions and upload them to a database weekly.

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    Description

    Dive into the first lecture of MGT 453, an introductory course on Marketing Research. This session provides insights into the evolution and significance of marketing research, along with class logistics and resources. Engage with thought-provoking reflections that set the stage for your journey in understanding marketing strategies.

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