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Elements and Performance Criteria

  1. Identify market research needs
  2. Define market research objectives
  3. Define data gathering approaches
  4. Develop market research plan

Required Skills

Required skills

financial skills to set and manage market research budgets

negotiation skills to gain approval for proposals from senior management

organisational and time management skills to develop complex market research plans including time lines and options

research and data collection skills to determine organisational market research requirements

Required knowledge

key provisions of relevant legislation from all forms of government codes of practice and national standards that may affect aspects of business operations such as

antidiscrimination legislation and principles of equal opportunity equity and diversity

ethical principles

marketing codes of practice and conduct such as the Australian Direct Marketing Association ADMA Direct Marketing Code of Practice

privacy laws

Trade Practices Act

market research principles and practices including

data processing methods and data analysis techniques

project design to meet given budgets and other resource constraints

design of samples

development and use of hypotheses

role of research in enterprise development

roles and uses of qualitative and quantitative research

use of survey instruments

project planning principles and practices including for

consultation and stakeholder involvement

development of time lines budgets and other implementation plans

gaining of approvals

needs analyses

scoping practices

statistical methods and techniques

Evidence Required

The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria required skills and knowledge range statement and the Assessment Guidelines for the Training Package

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the following is essential

identifying and defining market research requirements in an organisation

developing a documented market research plan describing the scope objectives time and budget for market research to be undertaken by an organisation

Context of and specific resources for assessment

Assessment must ensure

access to data and information records from previous marketing research activities

access to office equipment and resources

Method of assessment

A range of assessment methods should be used to assess practical skills and knowledge The following examples are appropriate for this unit

assessment of documented market research planning activity reports and plans

direct questioning combined with review of portfolios of evidence and third party workplace reports of onthejob performance by the candidate

observation of communication with team members and senior management to refine market research planning activities

observation of presentations on market research plan

oral or written questioning

review of authenticated documents from the workplace or training environment

review of testimony from team members colleagues supervisors or managers

Guidance information for assessment

Holistic assessment with other units relevant to the industry sector workplace and job role is recommended for example

other marketing units


Range Statement

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Relevant personnel may include:

clients

customers

enterprise owners

managers

supervisors

suppliers

Contribution of market research may include:

best practice

information about competitors, clients, stakeholders

information to enable predictions for:

marketing

policy making

service development and delivery

strategic planning

Enterprise planning and performance documentation may include:

correspondence

financial reports

information about sales and sales force performance

internal reports

Research needs may include:

research on competition:

comparing consumer attitudes to an organisation's services and those of competitors

identifying frequency of use of competitors' products and services

identifying key competitors and their strengths

measuring awareness

research on consumers:

developing detailed consumer profiles

identifying changes in attitudes and behaviour patterns

identifying existing, potential or lapsed consumers

research on place:

identifying attitudes towards location

identifying cooperative opportunities for distribution of information or services

identifying demand for products or services at other locations

research on pricing:

identifying attitudes towards prices

identifying costs

testing alternative pricing strategies

research on products and services:

evaluating competitors' products

evaluating consumer attitudes towards presentation and packaging

identifying potential new products or services or ones which may be at the end of their life cycle

measuring attitudes towards existing products or services

research on promotion:

measuring advertising and promotion effectiveness

testing alternative messages

testing and comparing different media options

Project scoping may include:

human, financial and physical resources required and available

need for external market research assistance

possible research locations

possible research methodologies

possible sample size and nature of sample

time required and available to conduct research

Types of data may include:

formal or informal comments and other feedback from client, customers, staff and others

government statistics

industry planning information

qualitative data

quantitative data

sales figures

Data gathering methods may include:

case study investigation

focus groups

literature searches

mail surveys

one-on-one interviews in person or by telephone

personal observation of performance

structured or informal small group discussions

supervised or unsupervised completion of questionnaires or other survey tools by respondents

use of questionnaires and other tools by staff to record data about enterprise activities

Data processing methods may include:

data processing service experts

manual or personal methods

packaged analysis routines or programs

specialist software packages

Decisions may include:

choices achievable with available resources, and costs and benefits of choices

choices consistent with organisational policies and procedures

choices that will best satisfy the research objectives

Feasibility of market research projects may include:

likely ease of implementing the recommendations

quality and credibility of the methodology

ultimate usefulness of the research

whether similarly valid results can be obtained by other means