Impact of Online Marketing on Purchasing Behavior in Retail Industry
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This article discusses the impact of online marketing on purchasing behavior in retail industry with a special focus on Myer, Australia. It includes research questions, research design and methodology, and limitations of the study. The article also provides a time schedule for the project and references used.
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Running head: BUSINESS RESEARCH METHODOLOGY The Impact of Online Marketing in Purchasing Behaviour of Customers in Retail Industry “A Case Study Of MYER Australia” Name of the Student: Name of the University: Author note:
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1BUSINESS RESEARCH METHODOLOGY 1. Introduction(Will be same from student’s assignment) 2. Project Objective(Will be same from student’s assignment) 3. Project Scope(Will be same from student’s assignment) 4. Literature Review(Will be same from student’s assignment) 5.a) Research hypothesis H0: online marketing techniques do not have significant impact on the purchasing behavior of the consumers of Myer Australia. H1: online marketing techniques have significant impact on the purchasing behavior of the consumers of Myer Australia. 5.b) Research questions Primary question 1)What is the role of online marketing techniques of Myer Australia that influences the purchasing behavior of the consumers? Secondary questions 1)What are the factors that affect the purchasing behavior the consumers of retail industry in Australia? 2)What type marketing is most effective in influencing the purchasing behavior of the consumers?
2BUSINESS RESEARCH METHODOLOGY 6. Research design and methodology Research methodology describes the steps that would be followed by the researcher to collect the information and analyze it using proper techniques to answer the research questions in the most logical manner. The appropriate research design and methods are chosen on the basis of the origin and nature of the information and the type of analysis procedure (Mackey & Gass, 2015). In the given research study, the researcher will explore the factors of consumer’s purchasingbehavior,impactofonlinemarketingandothermarketingtechniquesonthe purchasing decision of the consumers of retail industry, with a special focus on Myer, Australia. Thetopichasbothqualitativeandquantitativeaspects.Thus,boththequalitativeand quantitative research methods will be applied to address both types of facets of the topic. Qualitative research process Qualitative research processincludes informal, semi systematic and subjective research methods, which emphasize more on the human aspects than on the numerical data, gathered through the process of data collection. This research process is inductive in nature, which enables the researcher to generate new inferences from the data or explore a new phenomenonSilverman (2016). The main steps of the qualitative research methods are: 1.Formulation of research questions 2.Design of the research study 3.Data collection process 4.Analysis and interpretation of data 5.Validation of the data
3BUSINESS RESEARCH METHODOLOGY 6.Reporting and representation of the findings The steps are explained below: Formulation of research questionsis the first and most important section in any type of research study. The research questions are helpful in determining the vision and thought process of the researcher and subsequently the direction of the study. As stated byMerriam & Tisdell (2015), research questions present the topic in the most comprehensive manner. In the given study, the primary and secondary research questions are designed to explore the factors influencing purchasing behavior in retail and their impact on the consumers. These questions will also explore people’s perception regarding the influencing factors, which are qualitative in nature. Design of the research studyis based on the research questions. Its purpose is to obtain significant input from the subjects of research and not just focus on the internal investigation (Saxena et al., 2013). The most commonly research designs are case study, descriptive, survey and experiments. In this study, the researcher will apply the case study research design, as the topic aims to explore the impact of online marketing on the purchasing behavior, with a special focus on the Myer, Australia. Thus, Myer is the case study organization. This type of research design helps in analyze the research topic based on real scenario and get the most practical outcomes (Panneerselvam, 2014).The researcher will choose some of the consumers of Myer for data collection and focus on specific marketing techniques and their impact on those sample customers. Datacollectionprocessincludesprimaryandsecondarydata,dependingonthe requirement of the study. Primary data is collected directly from the field of study, while
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4BUSINESS RESEARCH METHODOLOGY secondary data are those, which are collected from authentic and published sources, such as, books, journal articles, news paper articles, government reports and publications, company reports etc. (Lewis, 2015). In this research, the researcher will focus on the secondary data for qualitative study. The annual reports of Myer will be consulted for the annual sales and various other publications will be consulted to get information on the factors affecting consumer’s purchasing decisions in retail. Qualitativedata analysis processwill be applied on the secondary data. The researcher will follow thematic analysis process for analyzing the secondary information. Under this process, various themes are chosen based on the research topic, and the findings are presented under those themes to check if they are satisfying the research objectives (Vaismoradi, Turunen & Bondas, 2013). Thevariablesfor this study are the online marketing techniques, and consumer’s purchasing behavior in retail industry. The impact of online marketing technique is independent variable and purchasing behavior of consumers is the dependent variable. Reliabilityrefers to the internal consistency of the data andvalidityrefers to the concept of examining whether the indicator is measuring the variables accurately. According toBryman & Bell (2015), self-reflection, triangulation, member checking, and external audits are some common tests for validity and reliability of the data used in qualitative research process. Reportingof the findings is done after the data analysis is complete. This includes comprehensive representation and description of data collection and analysis process, findings and interpretation of whether the research objectives have been met.
5BUSINESS RESEARCH METHODOLOGY Quantitative research process Quantitativeresearchprocessincludessystematic,formalandobjectiveresearch procedures, which deals with numeric data. The numeric data is collected and analyzed by applying statistical tools in this type of research, which is mostly deductive in nature. Research hypotheses are formulated and tested using statistical methods against already established theories to obtain the findings (Neuman, 2013). The fundamental steps of this research process are as follows: 1.Formulation of research hypothesis 2.Research study design 3.Sampling techniques and data collection 4.Data analysis and interpretation 5.Conclusion and recommendations 6.Reporting Research hypothesisrepresents a predictive statement on the relationship between two or more variables. It is a definite statement, which is based on the knowledge, observations and test outcomes (Walter & Andersen, 2013). In this study, one research hypothesis was formulated to examine the relationship between online marketing techniques and purchasing behavior of the retail consumers, with an emphasis on Myer, Australia. Theresearchdesignunderquantitativeresearchprocessconsistsofthepurpose statement,researchrationale,theoryandresearchquestionsand/orhypothesis.Themost commonly used research designs are case study, correlational, experimental, quasi-experimental and descriptive (Neuman, 2013). In this study, the researcher will adopt correlational design, as
6BUSINESS RESEARCH METHODOLOGY the relationship between the variables, that is, impact of independent variable on the dependent variable will be examinedby applying statistics.Myer, Australia is also the case study organization under quantitative process. Thedata collection processwill include primary data collection by using survey questionnaire. Hence, a survey questionnaire will be developed asresearch instrumentand it will focus on differentaspectsof consumer’s purchasing behavior and impact of online marketing technique. The questions will be close ended and the responses will be collected on 5 point rating scales, such as, likert scale. It will contain a demographic and a non-demographic part. The questionnaire will be circulated among the few chosen consumers via their emails. They will be asked for their consent during the check out at the counter and then only their email Id will be collected. Samplingis necessary for primary data collection. Since entire population cannot be studied due to budget and time constraints, a small subset is drawn by applying a relevant sampling technique, that has the similar characteristics (Lane, 2014). The researcher will apply simple random sampling technique on the consumers and draw a sample of size 50 for the study. Data analysis processwill include statistical tests, that is, cross tabulations, correlations, regressions, and descriptive analysis, as per the requirements. All these tests are aimed at examining the relationships between the independent variable, that is, online marketing and dependent variable, that is, purchasing behavior of the consumers of Myer, Australia. Reliabilityof the data will be examined using reliability test and Cronbach’s alpha measure. A score of 0.7 or more indicates an acceptable or good reliability (Heale & Twycross,
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7BUSINESS RESEARCH METHODOLOGY 2015). Validity will be evaluated from the outcomes and its relevance with the research objectives. At the end of the studyreportingof the findings and its explanations are presented, which will also include the concluding remarks and recommendations to handle any particular issue, found through the study. 7. Research limitation The limitations of the study are the time and budget constraints. Due to these, a small sample size is considered, which may generate sampling error. Moreover, only the online marketing is considered in this study, although other factors would also have impact on the consumer behavior. If those are considered with online marketing, the study would generate a different outcome. 8. Time schedule
8BUSINESS RESEARCH METHODOLOGY Figure1: Gantt chart (Source: Author) 9. Conclusion From the above discussion it can be concluded that, the researcher will apply mixed methodology for this study. Both primary and secondary data will be collected and based on the nature, both the qualitative and quantitative analysis process will be applied. The primary data will be analyzed using quantitative methods and the secondary data will be interpreted and presented using thematic analysis under qualitative methods. The findings from the secondary data will be used to validate the findings from the primary data analysis. The project will continue for 65 days and the potential outcome of the project aims to provide an insight about the impact of online marketing technique on the purchasing behavior of the consumers in retail industry.
9BUSINESS RESEARCH METHODOLOGY References Bryman, A., & Bell, E. (2015).Business research methods. Oxford University Press, USA. Heale, R., & Twycross, A. (2015). Validity and reliability in quantitative studies.Evidence- based nursing, ebnurs-2015. Lane, D. M. (2014). Introduction to statistics. Lewis,S.(2015).Qualitativeinquiryandresearchdesign:Choosingamongfive approaches.Health promotion practice,16(4), 473-475. Mackey, A., & Gass, S. M. (2015).Second language research: Methodology and design. Routledge. Merriam,S.B.&Tisdell,E.J.(2015).Qualitativeresearch:Aguidetodesignand implementation. John Wiley & Sons. Neuman, W. L. (2013).Social research methods: Qualitative and quantitative approaches. Pearson education. Panneerselvam, R. (2014).Research methodology. PHI Learning Pvt. Ltd.. Saxena, P., Prakash, A., Acharya, A. S., & Nigam, A. (2013). Selecting a study design for research.Indian Journal of Medical Specialities,4(2), 335. Silverman, D. (Ed.). (2016).Qualitative research. Sage.
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10BUSINESS RESEARCH METHODOLOGY Vaismoradi, M., Turunen, H., & Bondas, T. (2013). Content analysis and thematic analysis: Implicationsforconductingaqualitativedescriptivestudy.Nursing&health sciences,15(3), 398-405. Walter, M., & Andersen, C. (2013).Indigenous statistics: A quantitative research methodology. Left Coast Press.