The Marketing Research Process

To take advantage of all the resources and practices available, good marketers adopt a formal marketing research process that follows the five steps shown in Figure 5.1. We illustrate these steps in the following situation.9

Figure 5.1

The Marketing Research Process

A flowchart shows a five step formal marketing research process.

Consider the marketing research underlying American Airlines’ decision to offer entertainment options on all of its flights, starting with the first-class passengers on long-haul flights. The airline was considering several options: (1) ultra-high-speed Wi-Fi service, (2) 124 channels of high-definition satellite cable ...

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