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Market Research Fundamentals Training Program (Course 1 of 3)

What you will learn

Understanding of Market Research: Gain a comprehensive understanding of the importance, purpose, and applications of market research in modern business

Quantitative Research Techniques: Learn how to design and conduct quantitative research studies, including survey design, sampling, data collection, & analysis

Qualitative Research Techniques: Develop skills in qualitative research methods, such as conducting focus groups, interviews, and observational studies

Selection of Research Methods: Gain the ability to evaluate and select the most appropriate research methods, quantitative and qualitative, based on context

Data Analysis and Interpretation: Learn how to analyze and interpret data collected through quantitative and qualitative research methods

Critical Thinking and Problem-Solving: Develop critical thinking skills to identify research problems, formulate research questions, and design research studies

Practical Application: Apply the knowledge and skills gained throughout the course to real-world scenarios through interactive exercises, case studies

Description

This course titled Market Research | Quantitative and Qualitative Methods is the 1st course of the 3 courses series in the new Market Research Fundamentals Training Program. The objective of this training program is to cover all aspects of market research as described later in this description. This comprehensive online course is focused on training you reasonably well in the areas related to Quantitative and Qualitative Research Methods. In this course, we will delve into the fascinating world of market research, equipping you with the essential skills and knowledge to conduct effective quantitative and qualitative research.

Market research plays a pivotal role in modern business strategies, guiding organizations in making informed decisions, understanding consumer behavior, and gaining a competitive edge in the marketplace. Whether you are a marketing professional, business owner, researcher, or simply interested in expanding your knowledge, this course will provide you with the tools and techniques to excel in the field of market research.

Throughout this course, we will explore the fundamental principles and methodologies of both quantitative and qualitative research, recognizing their distinct advantages and when to utilize each approach. We will cover a wide range of topics, including survey design, data collection methods, statistical analysis, focus groups, interviews, and much more. By the end of the course, you will have a well-rounded understanding of the different research methods available to you and how to apply them effectively in real-world scenarios.

What sets this course apart is its practical approach. We believe that true mastery comes from hands-on experience, so you can expect numerous real-life examples, case studies, and interactive exercises that will allow you to put your newfound knowledge into practice. Additionally, we will provide you with valuable insights on how to interpret and draw meaningful conclusions from your research findings, enabling you to make data-driven decisions that positively impact your business or organization.

Our instructor is an industry expert with extensive experience in market research, ensuring that you receive top-notch instruction and guidance throughout your learning journey. We are committed to your success and are dedicated to providing you with a valuable and engaging learning experience.

Whether you are a beginner seeking to develop a solid foundation in market research or a seasoned professional looking to enhance your existing skills, this course has something to offer you. Join us today and unlock the power of quantitative and qualitative methods to unlock insights, make informed decisions, and drive your business forward in today’s dynamic market landscape.

About the market research fundamentals training program (3 courses series)


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As mentioned above this is the first course in the 3 courses series comprising complete training for the market research fundamentals. Throughout this training program, we will explore not only quantitative and qualitative research methods, highlighting their unique strengths and applications, we will also dive deep into market dynamics, examining the factors that influence consumer behavior, market trends, and competitive forces. By understanding these dynamics, you will be able to identify market opportunities, assess market potential, and develop effective market strategies.

Estimating market size and forecasting future market trends are crucial skills for any market researcher. As part of this training program, we will guide you through the process of market estimation and forecasting, utilizing various techniques and methodologies.

As a market researcher, your ability to communicate research findings effectively is paramount. Therefore, this training program also focuses on report writing skills. You will learn how to structure and format research reports, present data and insights in a clear and concise manner, and communicate your findings to stakeholders in a compelling way.

Furthermore, this training program will guide you through the process of competitive landscaping, where you will learn how to analyze competitors, identify their strengths and weaknesses, and benchmark your business against industry rivals. This knowledge will empower you to develop effective strategies to position your brand in the marketplace and gain a competitive advantage.

Why this course is suitable for you?

Whether you are looking to start a career in market research, advance your existing skills, or apply market research principles in your current role, this course provides part of a comprehensive training program to meet your needs. It offers a step-by-step approach, practical examples, and hands-on exercises to ensure that learners of various backgrounds can benefit from the content and apply the knowledge gained in real-world scenarios.

English
language

Content

Introduction

Introduction
Course Introduction
Overview of the complete training program
Program Overview
Tips for the student to maximize their learning experience in this course
Guidelines for making best out of this course

Opening Case Study

Overview of the case study
Overview of the case study: Video
Finding the projected peak demand for the hospital services
Finding the projected peak demand for the hospital services: Video
Finding the demographic divide of the visiting patients
Finding the demographic divide of the visiting patients: Video
5 years projected number of patients likely to visit the hospital
5 years projected number of patients likely to visit the hospital: Video
Finding the projected payment channels for the revenue coming in
Finding the projected payment channels for the revenue coming in: Video
Finding out the various resources required to meet the patients requirements
Finding out the various resources required to meet the patients demand: Video
Identifying top equipment required and their costs
Identifying top equipment required and their costs: Video
Finding the required quantities of the equipment required
Finding the required quantities of the equipment required: Video

Module 1: Quantitative Research

The world of numerical data and insights
Module 1 Overview
Basic concepts of quantitative research
The Key Concepts
Different types of quantitative research methodologies
Research Methodologies: Cross Sectional Studies
Research over a period of time
Research Methodologies: Longitudinal Studies
Experimenting with research variables
Research Methodologies: Experimental Studies
Different types of quantitative data analysis techniques
Quantitative data analysis techniques
Quantitative Data Analysis Techniques: Applications and Examples
Challenges and limitations of quantitative research
Challenges and limitations of quantitative research: Video
About regression analysis
About clustering, association rules, and decision trees
About linear regression and logistic regression
About Monte Carlo Simulations
About ARIMA Modelling
Self evaluation quiz to know your progress
Complimentary copy of the book on the topic
Conclusion of module

Module 2: Qualitative Analysis

Overview
Module Overview
What are the key concepts?
Key Concepts and Methodologies
What are the data collection techniques?
Data Collection Techniques
Example cum case study : An Introduction
Example cum case study : Using IT tools to carry out content analysis
Capturing the tweet post for content analysis using IT tools
Checking and preparing the data for coding
Coding the data
Getting Insights
Finding relationships and patterns in the twitter data using queries in IT tool
Module 2 takeaways
Quiz on qualitative research

Closing Case Study

Overview and background
Why qualitative research in this case?
Methodology Employed
Data Analysis & Findings
Implications and New Product Strategy
Conclusion

Concluding remarks

Concluding remarks