FocusPro, a marketing communications and strategy consulting firm, is assisting a client to understand the effects of promotional offers on consumer purchases. They propose the company consider offering three different versions of a coupon that would be mailed to purchasers. The value of the coupon would be manipulated, and the company could track the return of the coupon and how much money was spent by the purchaser. FocusPro recommends that the coupon offers vary between $1 and $5 and suggests three different versions: $1, $3, and $5. The client would select three groups of consumers to receive the coupon offer and a random process would be utilized to determine which coupon offer a consumer would receive. The research will provide important insights about consumer purchasing habits and which coupon offer would lead to the highest level of sales and coupon redemption. This is an example of ______________ research.
A) experimental
B) focus-group
C) observation
D) descriptive
Correct Answer:
Verified
Q141: Company sales reports are often utilized as
Q147: Apple is known for product innovation and
Q149: Which one of the following statements about
Q150: When conducting marketing research internationally, primary data
Q161: Because of a variety of cultural, geographic,
Q162: You are working with the data scientist
Q166: Big data is the new hot topic
Q169: Which of the following issues is an
Q170: Your company is in the final stages
Q174: Your company is seeking to hire a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents