Evaluate The Usefulness Of Qualitative Research

Superior Essays
In this written report I will be explaining how to validate information about Competitors. In a sales role one of the biggest things you'll face is competition as there are always other brands selling the same product. For this reason understanding your competitors, what methods they use and how they sell will be a key factor in ultimately helping you make your product stand out more.

How and where to source information about competitors
There are many different ways to keep track of your competitors and to learn about them. In a sales role, this is easier to do as all the competitors are selling to the same person. Customers will always try and compare the product they are buying to another to see which one is right for them. This is what makes it easier to asses your competitors as their product is available to the public so as a sales person, you can see the product yourself.

You could search the competitors website or read articles about them or even customer online reports. This gives you the
…show more content…
This is because this is the easiest form of gathering information. It can be measured in graphs and charts and is very effective for gathering simple information. However that is the issue with Quantitative research, it is only useful for finding simple information out. Quantitative research can't really be adapted for finding out things that require detail as the majority of questions are closed questions and it is very hard to alter this to find out certain information. The purpose of Quantitative research is the opposite of Qualitative, it's all based on fact rather than opinion as it can be measured into charts and graphs. This allows the sales person to measure and analyse the data they are collecting and ensure that its is under a controlled subject. However it is hard to cover everything you'll need answered using closed

Related Documents

  • Improved Essays

    Allround Drug Store

    • 558 Words
    • 3 Pages

    A lot of information was gathered from conducting retail store visits of our partners and seeing how the competition was represented in the marketplace. The differences between drug stores, grocery stores, and mass merchandizers was rather notable. Number of brands sold, shelf space, and pricing were just a few items from our gathered data that deferred when comparing the different types of retail distributors. The depth of and breadth of products that were carried in the drug store we visited fell in the middle between grocery stores and mass merchandizers. The drugstore that we visited carried 26 different brands of medicine comparable with our product, Allround.…

    • 558 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    One way our company can evaluate other competitors in the game is purchasing marketing reports. For example, in Pharma Sim, our team purchased the sales force, advertising, and purchase surveys. These particular reports gave us insight on other competitors. While going through these reports we analyzed other team’s cooperative results and used the graphing charts to get a better understanding of the information. These reports have been very helpful in making effective decisions.…

    • 1116 Words
    • 4 Pages
    Great Essays
  • Decent Essays

    As you learned from last week’s meeting, business in new industries represents the potential to boost sales significantly. We have seen profits double with the addition of TempZone USA which is a part of the staffing industry. We have developed a competition to reach markets we don’t currently service. The salesperson that closes the most new clients in a new market wins.…

    • 86 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    Moving on from the different research methodologies used in health and social care, I will now assess those research methodologies and come to a conclusion as to how valid the findings which are obtained through these methods are, and what could be done to improve the validity and reliability of data gained from such research methodologies. Some methods of research may give better and more reliable data than other methods. Each method comes with its advantages and disadvantages and some are more suitable for use in certain situations than others. Validity is about how accurate the results of a research are and whether the research piece has the ability to test and research the things it set out to achieve. Reliability is about how trustworthy…

    • 648 Words
    • 3 Pages
    Superior Essays
  • Improved Essays

    Quarter Pounder

    • 695 Words
    • 3 Pages

    What product did I select? I have selected the McDonald’s Quarter Pounder sandwich to review and provide a new outlook for foodies. Provide a description of the product you selected including an explanation of who the product competitors are, how the product is perceived in the marketplace, and your thoughts on the product’s current advertising. The description of my product is as follows; “Thick, juicy, cheesy. Quarter Pounder® with Cheese.…

    • 695 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Integrated assessment utilises both qualitative and quantitative approaches. Quantitative research can be used for theory generation and qualitative research can be used for theory verification [1]. Integrated approach allows for a more complete understanding of the impact of Yoga practice on the various physiological as well as cognitive parameters [5]. Questions on emotional conditions associated with any disorder are dealt with in qualitative assessment [2]. It provides scores that can be categorized as normal, mild and severe.…

    • 176 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Antitrust Laws

    • 843 Words
    • 4 Pages

    The United States of America has a number of laws that are proposed to further balanced, fair, and focused business practices. The laws are successfully used as control measures to guarantee that free and reasonable business practices are taken after. The major objective of the antitrust laws or the competitive laws is to guarantee that buyers pay the most reduced conceivable cost in addition to with best quality or nature of products they are utilizing. Today, competitor laws empower everybody to take at least some part in the business or the market.…

    • 843 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Nike Evaluation Essay

    • 1354 Words
    • 6 Pages

    It is observed that Nike Inc. is one of the world’s leading sports goods brands that operate in different parts of the world. For this reason, it is quite important from the perspective of Nike Inc. to assess and select a market where they can easily run their business operations and compete with their competitors viably (Malhotra, et al., 2009). However, in this current era, Nike Inc. can expand their business operations in different parts of Middle East because in some of the cities of Saudi Arabia they are still not entered. Furthermore, the selection of market is very important to the success of any organisation that is why the top officials of Nike Inc. are quite keen to consider all possible factors through which they can get maximum benefit (Falbe, 2012). Screening Criteria Table 2: Screening Criteria Criteria Justification Male Population 18-50…

    • 1354 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Examine the company’s competitive position and their current strategy for competitiveness, considering required performance and performance measures. Suggest further information that would help analysis of the competitive position and suggest improvements to their strategy. Fly fishing reels are one of their major manufacturers of the fly fishing reels, they have got two major competitors; these are located in USA and Japan. Fly fishing reels have a good reputation on having good quality and both the "feel" and the performance of their products and often superior to their competitors.…

    • 1291 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    If the rivalry is greater they will have a lot of compensations that you will not because of their measure and magnitude. On should not contend on those intensities. Identify that one could have a great deal of impending to be improved and sturdier in behaviors that others cannot. Most likely one are additional sprightly and prepared to make alteration and acclimatize to tendencies and purchaser requirements and you can attach on an additional individual level with consumers. One should utilize these alterations to your benefit and contend as a dissimilar…

    • 1595 Words
    • 7 Pages
    Improved Essays
  • Great Essays

    Airasia Case Study

    • 1214 Words
    • 5 Pages

    I. INTRODUCTION a. Objectives and Scope AirAsia is a malaysian low-cost airline. It scheduled domestic and international flights and is Asia’s largest low fare airline. Nowadays, MIS is a significant factor that influence the airlines system. In this article, the writer will focused on the online booking department that generized with the MIS system.…

    • 1214 Words
    • 5 Pages
    Great Essays
  • Great Essays

    Colgate Brand Analysis

    • 1427 Words
    • 6 Pages

    Q1: Define brand. What do brands mean to you? What risks do they cover for customers and business firms? (by Mahnoor Aziz) Ans.…

    • 1427 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Level 1- Refining: Define competition and outline it scope Competition is a component of the environmental scan. It refers to the alternative firms that could provide a product to satisfy a specific market’s needs. There are various forms of competition that play apart in a company’s marketing strategy.…

    • 902 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    I. Introduction In answering these questions we will look at what sets Magnum ice cream apart from its competitors, what values do they provide,how it is different from competitors and what differentiation strategies lead to competitive advantage to deliver superior value to customers. We will then discuss the differentiation strategies that were exercised by Magnum ice cream and how they positioned them in a highly competitive market. We will also look at the major avenues for developing a competitive advantage based on differentiating a company’s product or service offering from the offerings of rivals in ways that better satisfy buyer needs and preferences. We will then analyse the factors that contributed to the decision of Unilever to position…

    • 702 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    While some consider this lack of relationship and contact between the researcher and the participant to be a weakness, others consider it as a positive because it allows the researcher to remain as unbiased and objective as possible (Carr, 1994, p. 717). Another strength is that from the randomised large scale sampling that is typically used; quantitative research results usually have a higher reliability and increased chances of being able to be more generalised than qualitative research (Carr, 1994; Liamputtong,…

    • 1472 Words
    • 6 Pages
    Improved Essays