4-20 Creative Homework/Short Project To what degree could secondary data sources be used
to address the topics you selected in item 4-17? What specific secondary sources (if any)
might be most useful to help address your selected issues?
4-21 In Class, 10–25 Minutes for Teams Your marketing research firm is planning to conduct
surveys to gather information for a number of clients. Your boss has asked you and a few
other new employees to do some preliminary work. She has asked each of you to choose
three of the topics (from among those listed next) that will be included in the project and to
prepare an analysis of the advantages and disadvantages of these communication methods
of
collecting data: mail questionnaires, telephone interviews, face-to-face interviews, and
online questionnaires.
a. The amount of sports nutrition drinks consumed in a city
b. Why a local bank has been losing customers
c. How heavily the company should invest in manufacturing and marketing home fax
machines
question areas, data (or the acquisition of that data) might be in sensitive or private areas
for the consumer. For example, how many people would truthfully tell you how much
they drink each week or how much they spend on lottery tickets? Therefore, the selection
of the data collection method must also include some appreciation of the psychology and
behavior of the individual being questioned.
4-22 For Further Research (Individual) Some companies use neuromarketing to gain an
edge over their competitors. Research at least two companies that employ this technique.
Explain how they use neuromarketing to gain a competitive advantage and assess whether
the value of the information these marketers gained was worth the investment (Hint: Just
start by googling the term “Neuromarketing”).