Problems in marketing experimentation, Management Theories

Assignment Help:

Problems in Marketing Experimentation:

The advantages of experiments in determining the  cause and effect relationships  are many. They can predict some events. The causal relationship  can be established and models can be developed. Apart from  the advantages of  experimentation there are several problems  of experimentation.

1. Lack of Theory: Experimentation  lacks theories to use the research design. The marketing  research has been  primarily descriptive  and extensive information in  now  available  in the area  of  marketing. But  there  is no  adequate and proper theory  or hypothesis to test them and to  fin doubt  the real  relationship between  marketing variables. This is now gradually developing with  the  expansion of research  facilities and there  is much  scope  of development of research theories in marketing areas.

2. Cost of  Experimentation: Experimental research is costlier. At least  two group are required to test  the hypotheses i ,e, the experimental group and  control group. The data are collected twice in many  cases. A large number of sample members is collected. Thus it is expensive  enough to control a wide  variety of data. The processing of data is allow very  costly. Therefore the  experimentation  is used  only when the benefits of the research are more  then that  of the cost  involved  in the experimentation. Test  marketing  require s tremendous  resources, it would be wasted if  the test  failed.

3. Time : A longer time is involved in experimentation. At  least one year  is the  permitted minimum  period  of research. The research may  continue for a longer period. The long  period involves  additional problems of  control  and competitive reaction. The history and maturation effects may influence the ultimate decision. The conclusion derived after a long period  may become  obsolete  to suit the current  marketing  decisions.

4. Other Problem: There are several test problems relating to  collection of data and their  interpretation. The survey and sample to be selected appropriately pose another difficult decisions. The cooperation poses another problem while collecting the data. This research  design  may not be  useful in cases where secrecy is required to compete in the market because  field research  will reveal the purpose  of research and  the completion swill adopt competitive  methods  to beat  the market.


Related Discussions:- Problems in marketing experimentation

Management information system, compare & contrast structured & unstructured...

compare & contrast structured & unstructured decision making

What is staffing, What is Staffing Staffing: The process of recruitin...

What is Staffing Staffing: The process of recruiting, selecting, developing, training and evaluating people can be called staffing. Staffing is a continuous function, as peop

Distinctive features of case study, Distinctive Features of Case Study: ...

Distinctive Features of Case Study: a.Increase of Knowledge: like the historical method the traditional case study method also serves a dual purpose. While intensive investi

Managerial grid, Managerial Grid Blake and Mouton offered a managerial ...

Managerial Grid Blake and Mouton offered a managerial grid extending the two-dimensional view of leadership style into a 9 ´ 9 matrixes. In that one axis is concern for people

Bridgestone, to increase sells marketing strategies in europe

to increase sells marketing strategies in europe

Linear program, management application of linear programming

management application of linear programming

Priciple and definition of management, how does the principal of managemen...

how does the principal of management helps in business organization?

Customers relationship, Customer goodwill is very important in services. It...

Customer goodwill is very important in services. It makes the customer more tolerant when service problems occur. A service as mentioned earlier is a soical interaction. Relationsh

Mba, Explain some of the approaches for handling customers complaints and l...

Explain some of the approaches for handling customers complaints and listening to customers ?

Production and operation management , what do you understand by "line bala...

what do you understand by "line balancing"what happens if balance doesn''t exist?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd