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Consumer Sales Growth And Market Research Section


 


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Consumer Sales Growth And Market Research Article

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Focus Groups

from: Deb St. George - MarketingSalesCopy.com

A focus group is method of quantitative research in which a group of people are asked about their perceptions about a product and other aspects related to the product like its packaging, service idea, advertising and service. An interactive group is formed and participants are free to talk with other group members ,so basically a discussion group is formed and people are led towards discussing various aspects about a product or service .Ernest Dichter coined this term and now it is one of the most popular method to estimate and measure consumer satisfaction.

The importance of focus group in various fields is briefed as follows:

In marketing

Focus groups are used to acquire feedback regarding new product, as well as various topics in the field of business marketing. This is helpful for the new companies that are planning to develop some new product. It helps them to discuss about it as well as test it before it is launched. The information so derived is priceless and provides a lot of information about the potential market acceptance of the product.

In social sciences

Through focus groups people in the field of social sciences and urban planning can study people in a more natural setting than a one-to-one interview. The duscussions through focus group can be used for gaining access to various cultural and social groups and to explore unexpected issues. Focus groups are cost effective and yield quick and believable results.

Traditional focus groups

In traditional focus groups respondents are screened in a room to ensure that they are part of the relevant target market and they are representative of subgroup of this market segment. The group consists of usually 6 to 10 members and the session usually lasts for 1 to 2 hours. A moderator is there to lead and facilitate the group discussion which is observed by clients from behind through a one-way mirror.

The video tape of discussion can be made which can be used by researchers to examine more than the spoken words. Additional information is gained through interpretation of facial expressions, body language, and group dynamics. Information gained from this group dynamics is invaluable and give researchers a precise insight into the minds of respondents

The various kinds of focus groups are as follows, the names are generally self explanatory::

2-way focus group

Dual or double moderator focus group

Dueling moderators focus group

Respondent moderators focus group

Client participation focus groups

Mini or micro focus groups

Teleconferencing focus groups

Online focus groups



 

Consumer Sales Growth And Market Research News

As rivals falter, Lenovo has emerging market edge

HONG KONG (Reuters) - With home turf advantage in the world's biggest computer market and a foothold in major emerging economies, China's Lenovo Group is looking to turn market share into profit, heaping more pressure on U.S. rivals Hewlett-Packard Co and Dell Inc. Concern that global tech spending, particularly in the developed world, is weakening faster than expected has battered Dell shares ...

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WLAN market shows continued growth in Q1 of 2012

The enterprise segment continued on its path of torrid growth with an impressive 27.2% increase over the first quarter of 2011.

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P&G downshifts emerging-market expansion

Procter & Gamble's chief financial officer said Wednesday that the company will not accelerate its expansion as it seeks to resume building its market share and improve its operating results.

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NPD: Despite Sales Growth, Consumer Engagement with 3D Remains Low

Sales of 3D TVs are on the rise in the U.S. as first quarter volumes grew nearly 74 percent in units and 64 percent in revenue over last year.Port Washington, NY (PRWEB) May 21, 2012 Sales of 3D TVs are on the rise in the U.S. as first quarter volumes grew nearly 74 percent in units and 64 percent in revenue over last year, according to leading market research company, The NPD Group’s Retail ...

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Worldwide WLAN Market Shows Continued Strong Growth in First Quarter of 2012, According to IDC

The combined consumer and enterprise worldwide wireless local area network market segments experienced year-over-year revenue growth of 13.9%, while declining 2.9% quarter over quarter in the seasonally weak first quarter of 2012 .

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Prospect of Economies of Cost and Reduced Emissions to Drive Alternate Fuel Vehicles, Says Frost & Sullivan

LONDON, May 24, 2012 /PRNewswire/ -- The low cost of conversion and prospect of significant emission reduction will increase the penetration of alternate fuels in Europe and North America. However, the ...

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MILC to enjoy growth in both worldwide and Taiwan sales

Global mirrorless interchangeable-lens cameras (MILC) are expected to enjoy shipment growth as high as 20% in 2012, while the Taiwan market is expected to achieve a growth of 30% with volumes to reach close to 190,000 units as digital still camera (DSC) vendors such as Olympus, Panasonic, Sony and Nikon have all been aggressively launching related products, while support from consumers is also ...

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