Unit 3 D2 Make justified recommendations for improving the validity of marketing research used to contribute to the development of a selected organisations marketing plans

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D2- Make justified recommendations for improving the validity of marketing research used to contribute to the development of a selected organisation’s marketing plans -

Introduction:

In the report it will state the justified recommendations for improving the validity of marketing research used to contribute to the development of Tesco PLC marketing planning

Sales figures and facts:

Sales facts and figures of market research are found through using methods such as questionnaires, they are given the organisations customers in order to get an overview of the popular and non-popular products amongst their customers. The figures and facts that are found from the questionnaires may not be very valid as they can be filled in by somebody else than the person who should fill it in. the information that is found from the questionnaires can also be invalid because they could be copying somebody. Another way in getting information on paper base from customers is through allowing customers to just right down their likes and dislikes because there is a chance that the questionnaire may have set answers which are different from the answer they want to right down    

An organisation that uses such techniques for their marketing research is Tesco PLC. The way that Tesco PLC could improve the validity of information that they receive from the questionnaires is through comparing them from the previous year and from the different areas to see which product is creating profit and which product is creating a loss for the organisation. The way that Tesco PLC will be able to determine products will require adjustments to the promotion of the product. In Tesco PLC the marketing will be able to see in which areas lies they’re strengths and in which areas lays the organisations weaknesses and which products are very popular and unpopular. Through the research that is gathered by the organisation through the questionnaires they can see if there are internal or external situations that contribute to the products popularity such as the recession which is an external situation. The organisation will also see the popularity of their products in the different quarters, they will see in which quarter products are popular and in which quarter the product is not popular and they will use the finding out to see what they can do in order to change the customers perception of the product and make them want to buy it in those un popular quarters

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In order for Tesco PLC to see if the data that they have acquired is valid is through seeing comparing the customer’s beliefs against the stats of the products and if they are reliable to use then the organisation should use the information to make changes to the marketing planning’s that are already in place. Another way that Tesco PLC can validate the information is though doing regular updates on the data collected, in order for the organisation to see the changes in the trends, instead of doing the research every year they could do it every month to see ...

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