The identified marketing research
problem is discussed in this section. According to the market analysis, people
of Saudi Arabia are highly concerned with their physical and mental health
conditions. Many fitness centers and therapy providers are working in this
market which has increased competition for the new entrants and small-scale
businesses. The research plan is focused on the Kingdom of Saudi Arabian market
to collect information about the requirement of targeted customers regarding online
therapy services. The research plan will provide contributing and helpful
information to the marketing team of online therapy company to suggest a most
desired and required service to the targeted market and win against competitive
forces with marketing and promotional activities.
2.
Objectives: The key objective of the
marketing research plan to understand overall customer needs towards available
online therapy services. The research plan will pave the path for the marketing
team to obtain data from the primary targeted market in Saudi Arabia. The main
objectives of these market research activities are presented below. The
objective is
1)
To understand the requirements of potential
consumers towards offered online therapy services.
2)
To collect information about the needs of the
targeted customer segment in the Kingdom of Saudi Arabia.
3)
To demonstrate the willingness of customers to
use online therapy.
4)
To explain the reasons for discomfort behind
offered online therapy services for future improvement.
5)
To identify the level of overall happiness by
these services in the targeted customer segment.
6)
To collect responses of customers in respect of identified
age groups.
The identified research objectives
will be considered as the basis for the whole research project to guide all
activities and tasks to be a dome in the market research project. For instance,
based on these identified objective further research samples will be selected
for this research project. Moreover, researchers will also take into
consideration these objectives while selecting strategies and techniques for
the quantitative and qualitative data analysis collected from the research
samples.
3.
Methodology of Marketing Research of
Saudi Arabia
The research methodology section
explains how the whole research data will be collected from the selected
research segment of customers. Moreover, research methodology also explains the
techniques, approaches, and strategies selected for the analysis of collected
research data. The research project is based on primary data collection
strategies as actual customer responses are required to reach a conclusion.
Moreover, primary data in the form of quantitative data and qualitative data are
analyzed while considering the specific requirements of research objectives.
Although, ethical considerations and limitation of resources are also
considered while planning for the research activities to be done in this
marketing research project for online therapy company of Saudi Arabia (Wilkinson & Birmingham, 2003).
4.
Research Design of Marketing Research of
Saudi Arabia
The market research project of
online therapy company is based on qualitative research design. Like
descriptive research, in this research project, an identified problem is used to
recommend a strategic solution. The market research plan will collect data from
the targeted customers in the Kingdom of Saudi Arabia to reach a conclusion
about the requirements and needs of customers towards offered online therapy
services by the company. Moreover, the market research plan is primarily
focused on the specific responses about services of the company therefore
actual and primary data will be obtained from the selected research population
rather than relying on the secondary data available in published articles,
literature, and academic study materials.
5.
Data Collection Techniques of
Marketing Research of Saudi Arabia
In this section, detailed
information regarding data collection strategies and techniques is presented
for the market research project of Online Therapy Company in the Kingdom of
Saudi Arabia. As mentioned earlier the research is focused on the actual
responses of consumers in the selected geographical and demographic segments
(e.g. age groups) therefore primary data collection techniques will be used to
obtain quantitative and qualitative research data. The interview technique will
be used for the collection of primary research data. According to the research
and literature review, interview technique is the most suitable data collection
technique if the project is based on primary responses with quantitative and
qualitative information. Interviews can provide realistic quantitative and
qualitative information to the researchers to reach valid results and reliable
research findings (Kothari, 2004).
All interviews will be taken from the
customers of online therapy services and other relevant services in the
targeted market of Saudi Arabia. The interview will be consist of open-ended
and close-ended questions about the offered services. For instance, demographic
responses (e.g. age, family size, and marital status) will be collected while
using the given options in the close-ended questions of the interview. However,
information about the actions taken to improve services and other related
questions will be obtained while using open-ended questions in the interview.
6.
Sample Design of Marketing Research of
Saudi Arabia
The online therapy services are
offered to the geographical segment of Saudi Arabia. However, the overall
consumer market is large enough that cannot be covered in this market research
project. Therefore, only 50 most relevant and potential respondents will be
selected as the research samples from the identified research population for
this market research project. The research samples are selected because of
their shared characteristics relevant to the offered services. For instance,
all selected research sample belongs to the age group of 21 to above 31 years old
from the market of Saudi Arabia. People below the age group of 21 years and
above the age of 51 years have a very limited percentage of contribution in
this market research. Therefore, research is mainly focused on the age group of
21 to 50 years.
7.
Data Collection of Marketing Research of
Saudi Arabia
The data is collected from the
research samples by the use of the interview technique of qualitative research
design. The interview has provided data in the form of quantitative research
data and qualitative research data. The data collection process was started
with the first 10 interviews during the outbreak of COVID_19 with the support
of team 3. Later on, more information is obtained from 50 other research
respondents or research samples from the research population of Saudi Arabia.
The data collection is made position with the use of categorical questions,
interval questions, and open-ended questions regarding demographic
characteristics of consumers and their responses towards offered services.
8.
Analysis and Interpretation of Marketing
Research of Saudi Arabia
The qualitative and quantitative
research data will be analyzed while considering the research objectives
specifically identified at the beginning of this research project. The
qualitative research data is presented in the form of a table. While on the
other hand, quantitative data collected from the primary research audience or
the potential consumer market of online therapy services is analyzed by the use
of the software. Statistical software is used for data analysis about
demographic characteristics of research samples obtained from the quantitative
questions in the interviews. For the presentation of this information and data
visualization, we have used bar charts and pie charts in the whole research
project. Figure 4 representing the gender of the interviewed audience is an
example of a pie chart used for the analysis of quantitative data about demographic
characteristics of potential consumers of Online therapy company in the Kingdom
of Saudi Arabia. Furthermore, the information obtained from the survey of 50
respondents or market research samples is analyzed for different factors such
as consumer satisfaction level, happiness level, and discomfort levels.
While analyzing collected quantitative and
qualitative research data the classification of the demographic characteristic
(age group) is taken into consideration to represent an actual response of the
consumer market in respect of age groups. Although, while analyzing these
information researchers have neglected all irrelevant information which could
create ambiguity or distraction from the actual market research outcomes. During
analysis gender of respondents is also given special importance as a company
need to understand the perception and requirements of both genders toward
offered online therapy services to improve their services and customer
satisfaction level after the execution of their business operations in the King
of Saudi Arabia.
9.
Marketing Research Report of Marketing
Research of Saudi Arabia
A comprehensive marketing research
report is developed in this market research project that will be helpful for
organizational management as well as marketing team of the company to improve
their activities and business operations. The marketing research report will be
developed after the collection of information from the consumer market and
proper analysis of this collected information in accordance with the research
objectives behind this whole market research project. The marketing research
report contains information and result interpretation of the primary research
data collected from the identified research samples. The marketing research
report will explain what are the key issues and challenges faced by the
consumers regarding offered online therapy services by the company. Moreover,
the marketing research report will elaborate on the actual reasons behind
discomfort and dissatisfaction that can be later on controlled by the company
with appropriate policies and actions. Additionally, the report will explain
which gender is more satisfied and happier with the offered services of Online
therapy company and because of what type of reasons. In short, the whole
research project will be summarized in this research report in relevance to the
market research activities and outcomes.
Kothari, C. R. (2004). Research Methodology:
Methods and Technique. New Age International.
Wilkinson, D., & Birmingham, P. (2003). Using
Research Instruments: A Guide for Researchers. Psychology Press.