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Welcome to Market Research Guide

 

Candles Market Research Article

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Qualitative Research

from: Deb St. George - MarketingSalesCopy.com

Qualitative Market Research and quantitative market research are the two effective tools to capture data about market .Whereas quantitative research operates by capturing bulk data from a large sample of population, qualitative research operates by conducting in-depth study of the market. The data is obtained from a somewhat small group of respondents and this data is not analyzed with typical statistical techniques. In this way it is significantly different from quantitative research in where large groups of respondents submit data that is then statistically analyzed.

Qualitative Research studies a market through deep rooted research and explores the existing market trends to help marketers to take business decisions. The methods used in this are used mostly for problem definition and hypotheses generation.

As the number of respondents is low, the results obtained from qualitative research cannot generalize the entire spectrum of population. But they are widely used by researchers to arrive at a detailed understanding of the market spectrum.

The approach used in these methods can either be direct or indirect .In direct approach the purpose of research is clearly stated and exposed to the respondents, the questions are directly asked and precise but sometimes indirect approach can also be used. However experts sometimes have ethical misgivings regarding the amount of deceit sometimes used in this approach. All respondents therefore after completion, attend a session in which they are debriefed. The true and actual purpose of the research is revealed to the respondents.

In-Depth Interviewing

In-depth interviews are most widely used for qualitative research in many business markets. This method is a one-on-one interaction between the interviewer and the respondent where the interviewer tries to find out the customer's particular preference and individual opinions. In-Depth interviews almost always take place in person. The added advantage here is that the researcher may visit the respondent's workplace or meet them in some other type of environment. In this way he also gains an insight into business culture .Sometimes in depth telephone interviews, or online interviews can also be conducted. This is specially done when multi national survey has to be administered.

Group Discussions

In a group discussion, the researcher generally plays the part of a moderator while different customers participate in a discussion. Group discussions can be very successful in to gain in depth understanding of customer’s requirement and also encourage creative ideas from participants. Although focus groups are seldom used as busy executives have no time for them and also they are too expensive.



 

Candles Market Research News

New Yankee Candle Scent Smells Like a 'Man Cave' - BusinessWeek


New Yankee Candle Scent Smells Like a 'Man Cave'
BusinessWeek
While this is the 42-year-old company's first move into the men's market, other candle makers have already tried to capture this demographic. Men represent 35 percent of candle users, Yankee's research shows. That's a sizable share of the $3.1 billion ...

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AIDS memorial candle lit statewide as total number of PLHIVs reaches 40820 - E-Pao.net


Austin American-Statesman

AIDS memorial candle lit statewide as total number of PLHIVs reaches 40820
E-Pao.net
They included All Manipur Anti Drug Association (AMADA), Community Network for Empowerment (CoNE), Centre for Organisation Research and Education (CORE), Human Rights Alert (HRA), Human Rights Law Network (HRLN), All Manipur Bar Association (AMBA), ...
MLAs to work for positive peopleKanglaOnline

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Weekly Market Research - FXstreet.com


Weekly Market Research
FXstreet.com
... spreads with 26 Italian banks downgraded, Spanish and Italian yields at dangerously high levels, and continued worries about Greece leaving the EZ, the EURUSD got hammered selling off for the last 8+ 4hr candles or 32hrs and hitting a 4-month low.

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A breakthrough opportunity for global health - The Korea Herald


A breakthrough opportunity for global health
The Korea Herald
Even the part that is not government-financed is not a conventional market; most individuals' purchases of prescription medicines are covered by insurance. Government finances health care research because improved medicines are a public good.

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History Calendar - Fredericksburg.com (blog)


Fredericksburg.com (blog)

History Calendar
Fredericksburg.com (blog)
The United Daughters of the Confederacy, Fredericksburg Chapter 163, needs volunteers for the luminaria program: setup of bags, candles, etc., on Saturday, May 26, at 9 am, and to place flags on graves on Sunday, May 27, at 2 pm, at Spotsylvania ...

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North Central Community Calendar — May 24-30 - San Antonio Express


North Central Community Calendar — May 24-30
San Antonio Express
Free luncheon and lectures for lymphoma patients are held noon-1:30 pm Wednesdays at the Cancer Therapy and Research Center, 7979 Wurzbach Road. Contact: Lorrie Gutierrez, 377-1775. Alamo Heights community members have launched an Al-Anon parents-only ...

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Nifty has support at 4780-4840: RK Global - Myiris.com


Nifty has support at 4780-4840: RK Global
Myiris.com
``Nifty closed with a ``big black`` candle, indicates sell off at higher level. In our last report, we clearly pointed out that 4960 is the key figure and it reacted down from 4956.35 last day`s and closed almost at day`s low at 4860.50.

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