Exploratory vs Conclusive Marketing Research - The Differences & Similarities

Exploratory vs Conclusive Marketing Research - The Differences & Similarities

Professor Wolters

5 лет назад

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@frednich9603
@frednich9603 - 26.07.2019 20:16

Speaking of scanner data, wouldn't the quantitative factor be if the same person buys the item more than once? (customer satisfaction) There are a lot of items I buy one time, but then decide I'm never buying it again. (hello pork rinds) Isn't repeat purchases from the same consumer a lot harder to factor? I'm not even sure how to measure that without some sort of polling

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@tosht2515
@tosht2515 - 28.07.2019 19:43

I do a ton of food research before I travel to any city.
Exploratory research - "Who serves the best schnitzel in Vienna?" I'll read blogs, news articles and lists (NOT TripAdvisor; they are terrible with food) and very quickly will notice the same places being mentioned time and again.
Conclusive research - Once I have a general idea of the 10 best, I look up specific reviews of each resto (quality and service) also noting history and location and make a final determination of the 2-3 I'm going to visit.
OK, not really a great example of the topic. 😀

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@paulbuss2559
@paulbuss2559 - 09.12.2019 01:29

thank you so much, helped me to get a deeper dive into the matter of research design and improved my knowledge for my exams!

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@tesfukifle2358
@tesfukifle2358 - 27.11.2020 10:38

Well presented, and thank you for your brief explanations, so based on your insight, can we use both exploratory and conclusive design for research like quality function deployment approach ( for determining the voice of the customers and voice of technicians and finally for determining the prominent voice of customers and voice of technicians).

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@gourav-6877
@gourav-6877 - 12.01.2021 12:33

Great job sir

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@davidsepulveda7304
@davidsepulveda7304 - 06.02.2021 15:24

Very helpful for my upcoming exam!! Thank you :)

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@huytruonginh6740
@huytruonginh6740 - 09.06.2021 13:25

I can not find the similarities sir

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@yobwoc1000
@yobwoc1000 - 24.07.2021 23:45

Thanks

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@oreosplease4076
@oreosplease4076 - 22.10.2021 23:17

Wow that enthusiasm i don't even have you as a professor but you seem amazing

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@DawitSolomonguru
@DawitSolomonguru - 22.04.2022 09:22

I like your explanation sir. Thank you.

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