Reference no: EM132954885 , Length: word count:700 words

HSA 305 Health Services Marketing Assignment - Market Research, Strayer University, USA

Overview - In this assignment, you will conduct primary market research that will inform your marketing plans.

Scenario - You are now ready to learn more about the business, refining and researching the central questions or areas you identified in your engagement letter and more. You will need to understand factors including the service, geographic area, customers, competition, and pricing. Your findings will inform your marketing plan.

Your plan is to create a three-page primary market research document that:

Outlines your methodology.

Identifies source material.

Includes relevant data on the topics above and your research area and research questions.

Draws actionable conclusions that inform the marketing plan.

Preparation -

1. Review your textbook chapters 15-17.

2. Define your central research area/questions. What questions should you be asking? How and where should you spend your efforts?

3. Identify resources that will likely help you answer your questions.

4. Download and review the Market Research Template [DOCX]. You will use it to complete this assignment.

5. Download and review the Market Research Ideas and Concept Sheet [DOCX]. Use it as a way to focus your thoughts as you begin your research. It is not to be turned in.

Instructions - Conduct your primary market research and document using the Market Research Template. The completed document should do the following:

Define the research problem or challenge. (It should state the elements, questions, or problems that your research is designed to resolve)

Summarize your overall research approach, focus, and methodology (How will you obtain the information/data).

Present data (and its sources) that supports answers to your main research questions and stated challenge in an effective manner. It should minimally include data on:

The 4 P's of Marketing.

-Product (in this case, service).

-Price.

-Placement.

-Promotion.

Competitors.

-Number, services, location, market share, etc.

Customers.

-Demographics, location, income, education, etc.

Synthesize your research: Describe and prioritize two or three research conclusions that will likely guide your marketing plans. Make sure to highlight and summarize pertinent information from your sources that support your conclusions.

Additional Requirements - Resources: Cite 6-8 sources used in your research. Choose sources that are credible and relevant. For help with research, writing, and citation, access the library or review library guides.

The specific course learning outcome associated with this assignment is: Conduct market research to inform marketing strategy and planning.

Note - Need 700 words paper + references with in-text citations. Use the given template only.

Attachment:- Market Research Assignment Files.rar