Marketing Research
Marketing Research
Market research is ¡§the systematic design, collection, analysis, and reporting of data and findings relevant
to a specific marketing situation facing the company¡¨ (Kotler, 2001, p.46). In order to carry out effective planning and control, managers must have relevant and accurate information on a continual basis. Market information can be verbal, visual, or written data that is relevant to the decision at hand. The market research process (Kotler, 2001, p.49), is comprised of the following steps:
1. Define the problem and research objectives
2. Develop the research plan
3. Collect the information
4. Analyze the information
5. Present the findings
This paper will concentrate on how the Allstate Life Company conducts market research and the impact of the Internet on market research.
Research within the Allstate Life Company
There are many different aspects of market research that are conducted at Allstate. Examples would be research on......
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Approximate Word Count: 769
Approximate Pages: 4 (250 words per double-spaced page)
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