Welcome to Market Research Guide
Philadelphia Market Research Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Focus Groups
from: Deb St. George - MarketingSalesCopy.comA 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
Philadelphia Market Research News
New Science Center Residents Set Their Sights on Asian Market
PHILADELPHIA -- Two firms with ties to the Asian marketplace have located at the University City Science Center's Port business incubator in Philadelphia, Penn. PrimBio Research Institute, a biotech company ...
Read more...Advisors Increasingly Turning To Closed-End Funds To Develop Client Investment Solutions
PHILADELPHIA, May 21, 2012 /PRNewswire/ -- Financial advisors are increasingly turning to closed-end funds to develop client investment solutions, according to the second annual survey of financial advisors ...
Read more...QED Proof of Concept Program Opens Fifth Round With New Participants and New Special Emphasis Topic
PHILADELPHIA -- Researchers at 21 universities and research institutions have the chance to compete for funding and business guidance to translate their research projects in the life sciences and digital ...
Read more...Diversified Search in US Top Ten
Diversified Search has just been ranked as one of the Top Ten Executive Search Firms in the US and the Americas by HSZ Media, LLC, a market research firm specializing in human capital news globally.
Read more...ERT Announces Date of Special Meeting of Stockholders To Approve Acquisition by Genstar Capital
PHILADELPHIA, May 21, 2012 /PRNewswire/ -- eResearchTechnology, Inc. (ERT), (Nasdaq: ERT), a global technology-driven provider of health outcomes research services to biopharmaceutical sponsors and contract ...
Read more...Philadelphia Wednesday Stock Wrap
Notable Philadelphia stocks fell 1.3% on a quiet day for the market. Wednesday, the Dow Jones Indust...
Read more...The Oil Tanker Market 2012-2022
NEW YORK, May 2, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: The Oil Tanker Market 2012-2022 http://www.reportlinker.com/p0790295/The-Oil-Tanker-Market-2012-2022.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Oil_and_Gas_energy Report ...
Read more...








