Marketing Research : Market Research Essay

Marketing Research : Market Research Essay

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INTRODUCTION
Global and marketing research is important to gain valuable information related to needs and wants of customers. With the help of effective research, business can enhance their performance to attract potential customers in the global and domestic market (Akaka, Vargo and Lusch, 2013). Present report is based on a case study which provides importance of market research on Shampoo. For this SLG Company has been selected which provides various cosmetics, fragrance, beauty accessory and lifestyle products (SLG, 2016). Now, they want to introduce their product shampoo in Dubai markets. This report covers description of existing products from the country origin. Furthermore, it covers importance of market research with relevance to chosen product. Moreover, it includes challenges faced by the manager when conducting a market research. At last, it covers limitations of current market research with recommendations.
1
Description of existing products
Shampoo is a hair care product which is used to remove oils, dirt, dandruff and other contains particles that exist in hairs. Shampoo concept was introduced in Britain from colonial India. It is derived from Hindi champi which is used in Anglo-Indian in 1762. Champi was used in India with some form of oils (Ambos and Håkanson, 2014). Shampoo is a term which was developed by an entrepreneur of Bengal in 1814. In that, they determined treatment of hairs with champi (shampooing). In 1900s, its meaning was changed that it is sense of massage by applying soap to the hairs. During the early stages of shampoo, it used to give hair shine and fragrance. Modern shampoo was introduced in 1930 which is now used in today 's time. First hair care was established as a synthetic shampoo. Ind...


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...re for achieve their goals. In this context, manager of the SLG company requires change in process for development of business. In this context, they face challenges how to improve in business performance and what things to be added in achieving targets. Along with this what changes may be included to achieve competitive advantage. This is crucial challenge for marketing manager in collecting and validating market research data.
• Hiring the right employees: Manager of the chosen business face problem related with the employees that they are right or not for collecting and validating market research data (Griffith and Hoppner, 2013). This is because, they want accurate information from the marketplace of Dubai so that organization can expand business in other area of nation. Right employees can be identified with evaluating their performance with given tasks to them.

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Marketing Research : Market Research Essay

- INTRODUCTION Global and marketing research is important to gain valuable information related to needs and wants of customers. With the help of effective research, business can enhance their performance to attract potential customers in the global and domestic market (Akaka, Vargo and Lusch, 2013). Present report is based on a case study which provides importance of market research on Shampoo. For this SLG Company has been selected which provides various cosmetics, fragrance, beauty accessory and lifestyle products (SLG, 2016)....   [tags: Marketing, Competitor analysis]

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