Marketing Research for Real Estate Developers SKY HIGH
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This report discusses the various aspects of marketing research for real estate developers SKY HIGH, including collection methods, survey design, target population, and sample size and method. It provides recommendations to reduce uncertainty levels in upcoming projects.
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Research1 Marketing Research
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Research3 Introduction The report is related to the several aspects of marketing in the real estate process of the business. The research is related to the real estate developers SKY HIGH that they need to decrease the uncertainty level in the upcoming projects of the real estate. This process needs some of the recommendations to maintain the uncertainty level in the projects. The real estate field faces many challenges related to the uncertainty level of the organization. This research provides various recommendations in the future projects of the real estate and these recommendations include several problems related to the real estate projects. The report includes the introduction process related to the problem of the research and the various collection methods. The methods included to collect the proper data and analyse the several aspects of the research. The report includes the survey design process that required making a questionnaire and the several recommendations are included. The recommendations regarding the target population are also included in the report, which discusses several methods to analyse the target population. The research aspects are very important as they include the overall process of the research. The real estate process is very important as they include several processes of research. The target audience is included in the research report, which gives several information about the real estate. The sample size and method is included in the research and this sample includes the respondents that give the proper information of the research.
Research4 Collection Method Collection of data is a main part of the project to determine the relevant topic of the research. The collection methods are used to collect relevant data related to the research. This research is related to the uncertainty level in the SKY HIGH real estate. The organization faces the increasing uncertainty level and need to reduce it for the future projects of the real estate. The gathering of data methods are an important part of the research and the whole research is based on the gathering of data process itself(Cope, 2014).The gathering of data methods are of two types that are qualitative data and quantitative data. These include the techniques used to gather data and include several advantagesand disadvantages. In both of these techniques, the quantitative is used in most of the projects for the betterment of the business. Therefore, the numerical data is much better as compared to non-numerical data(Ness, 2015).There are several methods of gathering of data like the primary method of the gathering data and secondary method of the data collection. Both of the methods are better for analyse the research problem and reduce the uncertainty level in real estate projects. The primary methods of gathering data includedintheoverallprocessoftheresearch.Thismethodofgatheringdatainclude observations,surveys/questionnaires,interviewsandfocusgroups.Allthesemethodsof gathering data include several responses of the respondents(Johson, 2012).The other method of gathering data is the secondary method of that include various reviews of the authors related to the research topic. The observation is the direct process to collect the data and the collected information is totally based on the research methods. The recommended methods of the gathering of data are the primary method of the gathering of data that include the surveys and questionnaire(Wahyuni, 2012).The questionnaire is used in this research so that the respondents give several responses to the research topic and give accurate information about the research process. The questionnaire is the process to collect data and it is determined by the reviews of the respondents. The recommended method is the primary method of the gathering of data so that the reducing level of uncertainty can arise and it gives several solutions to the research. The questionnaire includes several questions that include the questions based on the research topic and the data analysis becomes easier with the help of the questionnaire. The respondents are also related to the real estate projects so that they give
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Research5 accurate responses based on the research topic(Palinkas, et al., 2015).The recommended method is the best method of gathering data as it gives the right information about the research and increases the accuracy level in the data process. The research-based on the real estate projects which need to reduce the uncertainty level from the upcoming projects.
Research6 Survey design The recommended method to gather data is the survey of questionnaire that includes several questions and gives more relevance answers as per the research process. The survey design includes several procedures related to quantitative research(Tracy, 2019).The investigators need to understand the survey properly so that respondents fill the survey as per their knowledge. The variouscharacteristicsoftherespondentsarealsoincludedinthisprocess.Thesurvey researchers collect the quantitative data related to the questionnaire. The survey design matters a lot in collecting the proper and quality data of the research. There are two types of survey design that are cross-sectional research design and longitude survey design(Akerlind, 2012).The questionnaire is connected with the research survey as the questionnaire is used in the collection of data. The questionnaire design includes the participants that complete the questions and returned to the researcher. The questionnaire is the easiest way to collect data from the respondents(Dworkin, 2012).The questionnaire design is much better as compared to the other process. The questionnaire process is much more relevant to the research and it gives several accurate information related to the research(Bergold and Thomas, 2012).The questions are much more related to the overall process of the research. There are different types of questions included in the questionnaire and it increases the quality of the data and the answers given by the respondents. Some questions are close-ended questions and some are sensitive questions that need exact answer of the research. The survey design matters a lot in increasing the quality of the research and to improve the overall process of the research project(Crowther and Lancaster, 2012).This survey is related to the decreasing of the uncertainty level in the upcoming projects of the real estate company that is SKY HIGH real estate.Therefore, the recommended process of survey design is the questionnaire itself. The questionnaire is described below: Questionnaire Q1. Is the organization faces challenges in the construction of the projects? Agree Strongly Agree Disagree
Research7 Strongly Disagree Neutral Q2. Is the organization making large projects in the market of the real estate? Agree Strongly Agree Disagree Strongly disagree Neutral Q3. Is the uncertainty level reduces the quality of the projects of the real estate? Yes No Don’t Know Q4. Are the factors of the uncertainty is closely related to the real estate projects? Agree Strongly Agree Disagree Strongly Disagree Neutral Q5. Is the reducing level of the uncertainty is difficult to implement in the projects of the real estate? Yes No Don’t know Q6. What are the factors that help in the quality of real estate projects in the market? Valuation of the projects Decreasing uncertainty level Increasing of opportunities of the customers All of the above Q7. What are the recommendations in reducing the level of uncertainty in the future projects of real estate? The data collected is accurate
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Research8 The survey design is proper The population of the research All of the above Q8. Is the organization need to improve the quality of the projects for maintaining certainty in the projects? Agree Strongly Agree Disagree Strongly Disagree Neutral Q9. Is the accuracy of information is effective in the reducing level of uncertainty? Yes No Don’t know Q10. Is the large part of the population is included in the real estate projects? Agree Strongly Agree Disagree Strongly Disagree
Research9 Target Population The target population is very important in the overall process of the research. A target audience is an intended audience related to the overall research project. It included the group of consumer that have proper knowledge of the research topic. The target market plays a significant role in the research(Schoenherr, et al., 2015).The market is also related to a particular business because of them only responsible for the betterment of the research project. The SKY HIGH real estate company needs to maintain the target audience to increase the performance of the business as well as the organization. The target audience is much more related to the target market but all other specific factors are also included in this process. The target population includes the people or consumers who are interested in a particular project or services(Ponto, 2015).The advertising and marketing strategies are used to attract the target population towards the projects of the real estate. The main target population in the real estate process are brokers. The consumers are used as a target population in this research because they only have the knowledge regarding the uncertainty process includes in the real estate projects. The target population is very important in carrying out the research effectively as they give several aspects of information related to the subject(Lu, 2017).The consumer has effective knowledge regarding the topic of the research so the best target population is a consumer of the organization itself. The population is the most important part of the research because they collect the data only and they increase the overall quality of the research. This recommendation of the target audience is very effective in the research and give the best results in the research. The target population of the research refers to the entire group of individuals that give the responses based on the research. Sometimes, the target population in the survey is more than one and they affect the overall research. The analysis of target is very important and this creates the overall process effective in a proper manner(Percy, et al., 2015).The target population is determined by the sample selected for the research. If the proper target population is identified then the sample can be easy defines and it provides the best quality of the research. The target population is very important in the research and it helps the entrepreneur to start the new business and analyse the overall operations of the research process(Richards and Hallberg, 2015).The organization achieve more profits by analysing the target population in the research and increases the effectiveness of the research in a proper manner.
Research10 Sample size and method The sample size is very essential process used in the project to get information related to the research topic or research problem. The population is interfered in the sample size and give the relevant data. The sample size is the process indulged in the gathering of data and give accurate data of the research(Hair, et al., 2015).The cost related to the gathering of data process is also analysed in the research. The selection of sample size is important and sometimes the overall target population is treated as a sample. The several approaches are used in determining the sample size of the research and it is very important to get the effective results in the research. The random sampling is more proper as compared to the other techniques(Tabak, et al., 2012). In a random sampling technique, the sample can be selected in a random manner and it increases the effectiveness in the research. The random sampling technique makes the research easier and it is very important to achieve better results in the research. The accuracy matters a lot in the selection of sample. The proper sample size process is almost 100 consumers that have effective knowledge as per the research. The real estate consumers are the best sample for this research as the research is related to the uncertainty in the projects of the real estate. The selection of 100 consumers is the best sample for this research(Goldstein, et al., 2012).The sample process is very important in the research as the whole research depends on the sample of the research because they give accurate information of the research in the form of responses. This process comes in gathering of datamethods(Burmeister and Aitken, 2012).The sample includes the respondents as they give accurate and relevant responses of the project. The sample size is one of the best features that is used in the research project and without this process, the research is not made and the data is not collected. The data gave by the selected sample only. For this research, it is recommended that 100 samples are selected for the proper research. The consumers are treated as the best sample as they give accurate data of the research problem(O’reilly and Parker, 2013).Therefore, for this research, the sample size is 100 and they are the only consumers of the real estate.
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Research11 Conclusion This report discussed the overall process of real estate. SKY HIGH real estate is included in this research, which faces the uncertainty level of the organization and needs to improve this process in the upcoming real estate projects.The various gathering of data methods are included in the report that is the primary method of gathering data and secondary method of gathering data that maintains the proper and real data of the research topic. The gathering of data method is one of the important methods of research that helps in carrying out effective research in a proper manner. The report is all related to the real estate projects that face the problem of uncertainty and it is important to decrease this level. The research included information about the real estate field. The survey design is also discussed in the report that included various questions related to the particular research problem. The questions are all related to the research problem. With the help of the questionnaire, the gathering of data process becomes easier. The target population is briefly discussed in the report that analyses the population affected by the overall research topic. Target population plays an important role in the research on which the whole research is based. They give the answers mentioned in the questionnaire. The sample size and method includes the respondents who give the responses of the research method and these responses included in the whole part of the research.
Research12 References Åkerlind,G.S.,2012.Variationandcommonalityinphenomenographicresearch methods.Higher education research & development,31(1), pp.115-127. Bergold, J. and Thomas, S., 2012. Participatory research methods: A methodological approach in motion.Historical Social Research/Historische Sozialforschung, pp.191-222. Burmeister, E. and Aitken, L.M., 2012. Sample size: How many are enough?.Australian Critical Care,25(4), pp.271-274. Cope, D.G., 2014, January. Methods and meanings: credibility and trustworthiness of qualitative research. InOncology nursing forum(Vol. 41, No. 1). Crowther, D. and Lancaster, G., 2012.Research methods. Routledge. Dworkin, S.L., 2012. Sample size policy for qualitative studies using in-depth interviews. Goldstein, N.E., Kemp, K.A., Leff, S.S. and Lochman, J.E., 2012. Guidelines for adapting manualizedinterventionsfornewtargetpopulations:Astep‐wiseapproachusinganger management as a model.Clinical Psychology: Science and Practice,19(4), pp.385-401. Hair Jr, J.F., Wolfinbarger, M., Money, A.H., Samouel, P. and Page, M.J., 2015.Essentials of business research methods. Routledge. Johnson, A.P., 2012. A short guide to action research. Lu,Y.,2017.Industry4.0:Asurveyontechnologies,applicationsandopenresearch issues.Journal of Industrial Information Integration,6, pp.1-10. Ness, L.R., 2015. Are we there yet? Data saturation in qualitative research. O’reilly, M. and Parker, N., 2013. ‘Unsatisfactory Saturation’: a critical exploration of the notion of saturated sample sizes in qualitative research.Qualitative research,13(2), pp.190-197. Palinkas, L.A., Horwitz, S.M., Green, C.A., Wisdom, J.P., Duan, N. and Hoagwood, K., 2015. Purposefulsamplingforqualitativegatheringofdataandanalysisinmixedmethod implementation research.Administration and policy in mental health and mental health services research,42(5), pp.533-544.
Research13 Percy, W.H., Kostere, K. and Kostere, S., 2015. Generic qualitative research in psychology.The Qualitative Report,20(2), pp.76-85. Ponto,J.,2015.Understandingandevaluatingsurveyresearch.Journaloftheadvanced practitioner in oncology,6(2), p.168. Richards, D.A. and Hallberg, I.R. eds., 2015.Complex interventions in health: an overview of research methods. Routledge. Schoenherr, T., Ellram, L.M. and Tate, W.L., 2015. A note on the use of survey research firms to enable empirical data collection.Journal of Business Logistics,36(3), pp.288-300. Tabak, R.G., Khoong, E.C., Chambers, D.A. and Brownson, R.C., 2012. Bridging research and practice: models for dissemination and implementation research.American journal of preventive medicine,43(3), pp.337-350. Tracy,S.J.,2019.Qualitativeresearchmethods:Collectingevidence,craftinganalysis, communicating impact. John Wiley & Sons. Wahyuni, D., 2012. The research design maze: Understanding paradigms, cases, methods and methodologies.Journal of applied management accounting research,10(1), pp.69-80.