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BRAND BREAK IN/OUT Assignment 2a

 

You describe your research plan – for the coming weeks to collect customer insights from the new target market. The objective is to explore the value the brand can create and deliver in the market you have selected: your brand in a new foreign market. By following the marketing research planning, you define which methodologies are most appropriate for your brand and situation.

 

1. Be Clear about the Research Objectives

2. Think of the various sets of International Marketing Research

 

To explore consumers needs, wants, attitudes, behaviors in the new market you could start with qualitative research. Given the fact that you are far away, be creative on how you can use in-depth interviews, focus groups, anthropological exercises. The second part of your research strategy could be to test certain hypotheses – and use quantitative research by which we measure the how the product  category is perceived, which are considerable competitors and how they win – You can collect data by means of a survey.

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