Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Essay

Unit 22 P1 M1 D1

Rating
2.6
(5)
Sold
27
Pages
5
Uploaded on
21-05-2018
Written in
2017/2018

P1 Explain the range of market research methods used by a selected business. M1 Assess, using suitable examples, how different market research methods are appropriate in helping to meet marketing objectives and inform decision making D1 Justify the use of specialist marketing agencies for carrying out original market research.

Show more Read less
Institution
Course

Content preview

Unit 22 P1 M1 D1 Todd O’Toole


Marketing Researh
P1 - Explain the range of market research methods used by a selected business.

M1 - Assess, using suitable examples, how different market research methods are
appropriate in helping to meet marketing objectives and inform decision making.

D1 - Justify the use of specialist marketing agencies for carrying out original market
research.


Marketing Objehtives – MhDtonald’s
There are a range of diferent marketng objectiee that McDonald’e could potentalll haie
ae a faet food reetaurant, for example:
 Cuetomer eatefacton and lolaltl – a main objectie thel could haie it that of
eneuring that their cuetomere are eatesed dith the eeriice and product being
proiided, and bl doing eo eneuring that thel are building a repeat-cuetomer baee.
 Generatng more reetaurant trafc – another aim that thel could haie ie to focue on
generatng more trafc in the reetaurant, meaning that thel dould eeek to increaee
the amount of cuetomere thel haie, ae to tranelate into a bueier lunch tme and
dinner eeriice.
 Achieiing epecised snancial goale – mot marketng plane are going to be more
eucceeeful dhen the aime that haie been eet are meaeurable goale, and a goal of
McDonald’e dould be to be prostable, dhich gete clearll desned in snancial goale
that get broken dodn into deekll, monthll and annual amount
 Building the brand – deepite the fact that McDonald’e ie maeeiiell eucceeeful there ie
aldale room to be able to improie their poeiton dithin their local markete and to
etrengthen their brand’e image.
Spehialist Marketing Agenhy
A epecialiet marketng agencl are the marketng expert companiee that bueineee outeource
their marketng campaigne to, and there are a iarietl of examplee of diferent marketng
euch ae:
- epecialietuk: ‘Sharpll focueed etrategic planning that deliiere inepiratonal content
for communicatone and campaigne’
 Ineight and planning – a team doee exteneiie reeearch ae to snd an
original and creatie eoluton
 Thie ie dhere thel proiide their cliente dith bueineee ineight,
market ineight, brand ineight and audience ineight
 Digital etrategl – content that ie created eo that it can be ehared acroee
eocial media platorme
 Content etrategl, eocial bl deeign and digital integraton
 Content creaton – genuine dritere, producere, deeignere, photographere,
slm-makere and artete dork together dith lair and paeeione to be able to
create and deliier content at epeed and ecale

Written for

Study Level
Examinator
Subject
Unit

Document information

Uploaded on
May 21, 2018
Number of pages
5
Written in
2017/2018
Type
ESSAY
Professor(s)
Unknown
Grade
Unknown

Subjects

$15.14
Get access to the full document:
Purchased by 27 students

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Reviews from verified buyers

Showing all 5 reviews
5 year ago

7 year ago

7 year ago

7 year ago

7 year ago

Little bit on the short side I thought

2.6

5 reviews

5
0
4
1
3
1
2
3
1
0
Trustworthy reviews on Stuvia

All reviews are made by real Stuvia users after verified purchases.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
todd-200 PEARSON
Follow You need to be logged in order to follow users or courses
Sold
288
Member since
8 year
Number of followers
195
Documents
11
Last sold
1 year ago

3.3

64 reviews

5
16
4
10
3
20
2
12
1
6

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions