Conjoint Analysis – Meaning, Usage and its Limitations
April 3, 2025
Conjoint Analysis – Meaning, Usage and its Limitations
Introduction During the sixties, when researchers tried to understand consumers’ decision making process, they used a simple questionnaire or a form. Respondents would generally answer what was on the top of their minds or what they assumed the researcher wanted to hear. However, this did not always correspond to their actual purchase decisions. For example,…
What Is the Purpose of a Management Case Study?
A management case study is an in-depth study of a project, challenge, or phenomenon within a business. By focusing on real-world examples, management case studies allow researchers to explore how businesses actually operate, revealing the systems, behaviors, and choices that drive success…or lead to failure. In this guide, we’re taking a closer look at the…
Big Data and the Power to Predict
Is Big Data a Magic? We often hear the term Big Data being used to describe how online retailers as well as mega corporations are targeting the consumer behavior by having the power to predict, sense, and intuit future consumer decisions. Indeed, Big Data is talked about in hushed tones with a sense of awe…
Data Collection in Marketing Research is a detailed process in which a planned search for all relevant data is made by researcher.
Qualitative data comes into a variety of forms like interview transcripts; documents, diaries and notes made while observing. There are two main methods for collecting Qualitative data
In Quantitative Research, data can be colleted by two methods:
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