AllExperts > Marketing Research 
Search      
Marketing Research
Volunteer
Answers to thousands of questions
 Home · More Marketing Research Questions · Answer Library  · Encyclopedia ·
More Marketing Research Answers
Question Library

Ask a question about Marketing Research
Volunteer
Experts of the Month
Expert Login

Awards

About Us
Tell friends
Link to Us
Disclaimer

 
 
 
 
About Katherine A. O'Neill
Expertise
I can answer questions about what kinds of research techniques to use to address specific issues - the difference between qualitative and quantitative research. I can answer questions about types of qualitiative research techniques - including focus groups, interviews, online research, projective techniques and others. In addition, I can provide direction to sources on healthcare research and statistics.

Experience
I have been a market research analyst and consultant for 20 years in the pharmaceutical and biotech industries. I have personally conducted hundreds of interviews and focus groups with healthcare professionals and consumers

Organizations
Healthcare Businesswomen's Association Pharmaceutical Marketing Research Group

Education/Credentials
Ph.D. Experimental Psychology, University of Rhode Island, 1983 B.S., Psychology, Emmanuel College, Boston, 1976

Past/Present Clients
Boehringer Ingleheim, Group DCA, Schering Plough, Pfizer, Optum Health Group, Bayer, Wyeth

 
   

You are here:  Experts > Business > Marketing > Marketing Research > Marketing

Marketing Research - Marketing


Expert: Katherine A. O'Neill - 10/22/2009

Question
Hi morning.

can you me to help me to elaborate this statement.

How to develop the marketing mix principle to be more effective and efficient?
As we know the marketing mix principle consist of: Price, Place, Promotion and product.

Due to your research adn expert can you kindly elaborate it, please!!! Elaborate it due to ur tactical plans and startegy.. also include the target market: Marketing research provides information on markets, customers, competition and microenvironment.

Im here looking forward from you.. thanks


Answer
Dear Azuan,  The first part of your question regarding marketing mix is really a marketing question and should go to a marketing expert, not market research.

As for the second part - Marketing research supports your strategy and tactical plans by defining the market, customers, etc.  You can look at your competitor's market performance to help define your market and customers.  Conduct research with customers  to 1. identify advantages of your product, and perceptions of your competitors product 2.  assess pricing sensitivity  3.  determine how customers learn about the product category  4.  examine current distribution .  AFter that, use these findings to develop positioning and promotional plan.  Conduct another round of research to test your positioning and promotional plan to ensure that the correct message is being sent and that the promotional materials are motivating customers.   Based on this, develop final promotional plan.  Depending on the product and your timeline and budget, this process can take a year or longer to complete.

Add to this Answer   Ask a Question


 
User Agreement | Privacy Policy | Kids' Privacy Policy | Help
Copyright  © 2008 About, Inc. AllExperts, AllExperts.com, and About.com are registered trademarks of About, Inc. All rights reserved.