Marketing Research/Cramps

Advertisement


Question
I am having trouble finding sources for statistical data related the # of Americans that suffer from resting or night-time cramps at least once a week.  I'm also seeking data on the # of those who take oral, non prescription medication or home remedies for the treatment or prevention of these cramps.
I'd like to be able to determine the market size based on these parameters.  Any suggestions on how to compile this data?

Answer
John,

This is definitely one of those niches where market information may be in short supply.  The approaches I can think of are likely to be both time-consuming and costly, and some require tradeoffs between budget and research quality.

You might start by finding a handful of physicians who treat resting or nighttime cramps, and asking them the number of such cases they treat in a given period of time.  You might then find out how many other physicians of that specialty practice in your market area, and then come up with a projection of total cramps cases in the area.  So for example, if you surveyed 20 physicians (perhaps vein specialists?) and they treat an average of 30 patients per year for resting cramps, and then you find there are about 400 such vein specialists in your market area, then you have an estimate of 12,000 cramps sufferers (400 * 30) in your market area (please note that your original 20 surveyed are part of the 400).  Keep in mind that depending on the length of your survey and the specialty of the physician, survey incentives for physicians can be expensive.

Another alternative can be a convenience sample.  Maybe you can advertise a "please take our survey" on various websites, aimed at people who suffer from nighttime cramps, and invite them to take your survey as well refer other sufferers they know to take it as well.  You can then ask them about their use of oral, non-prescription medications and home remedies.  You should be able to get several responses without having to provide an incentive; however, because the sample was not selected randomly, your findings may not be representative of all cramps sufferers.  But at least you will have some data that will provide you some direction.  In the interest of budget and time constraints, this might be your best alternative.

Finally, you might consider purchasing syndicated or secondary data that has been published on this.  Top name market research firms like Nielsen and IRI generally have supermarket scanner data that they sell at the product category level.  Perhaps they ave something you can use.  Also, firms like Mintel International and MarketResearch.com sell research reports on various industries and markets.  You might see whether they have similar reports for nighttime cramps and their remedies.  This alternative is likely the most expensive.

Marketing Research

All Answers


Answers by Expert:


Ask Experts

Volunteer


Alex J. Caffarini

Expertise

Alex Caffarini is the President and founder of Analysights, LLC, a marketing analytics firm that enables companies to enhance their marketing performance through sophisticated data analysis. Alex has nearly 20 years of marketing research and data analysis experience, specializing in survey research, predictive modeling, and data analysis. Alex’s experience spans several industries, including banking, insurance, retail, consumer packaged goods, and non-profit. Alex has developed statistical models for Harris Bank, NCH Marketing Services, Hammacher Schlemmer, and other companies. He has also designed and managed survey projects for the Schaumburg Business Association, Brocade Communications, and the American Medical Association. Alex has also designed and published a number of market-sizing reports for the coupon and food retailing industries. Alex holds a B.B.A. in Economics and an M.B.A. in Marketing and Quantitative Methods, both from Loyola University Chicago, where he also teaches database theory.

Experience

I have nearly 20 years of marketing research experience across several different industries, including banking, insurance, retail, and non-profit.

Organizations
American Marketing Association American Statistical Association Marketing Research Association Schaumburg Business Association

Publications
"10 Costly Marketing Research Mistakes" was cited in "Principles of Marketing" by Jeff Tanner and Mary Anne Raymond. Also: eZinearticles.com RIS News

Education/Credentials
M.B.A. in Marketing and Quantitative Methods, and B.B.A. in Economics, both from Loyola University Chicago.

Past/Present Clients
Elgin Community College, Harris Bank, Brocade Communications, Schaumburg Business Association

©2012 About.com, a part of The New York Times Company. All rights reserved.