Student will gain experience in applying the marketing research process, collecting secondary data and providing recommendations for
Question:
Student will gain experience in applying the marketing research process, collecting secondary data and providing recommendations for and organization’s strategy
SKY HIGH Real Estate Developers want to understand the present structures of Australian households and families, as well as how these structures will change in the next 20 years. This will allow them to plan for the kinds of properties that are in demand now and in the future. Using secondary data sources, find this information for the real estate developer. This secondary data can be obtained from a variety of credible sources, including: The Australian Bureau of Statistics website (www.abs.gov.au) and searching for ‘family characteristics’. The most recent publication, released in 2015, is entitled 4442.0 – Family Characteristics and Transitions, Australia, 2012––13, available at www.abs.gov.au/ausstats/abs@.nsf/mf/4442.0 You can also gain some insight from:
https://quickstats.censusdata.abs.gov.au/census_services/getproduct/census/2016/quickstat/036 You may also source data from other credible sights.
Assignment Structure should be as the following:
Introduction
Introduce the main problem the real estate developer is facing and how the data will be collected
The research Process
1. Define the Problem
Clearly explain the problem that requires market research
2. Planning the research design
Explain why secondary data will be used in this research
3. Planning the sample
Provide information on the sample sizes used for the data you are using (this will come from the research organisation)
4 Collecting the data
This is the one of the main sections (it should be around 300 words). Show the data you have collected. This should be well organised and easy to understand.
5 Analysing the Data
This is the one of the main sections (it should be around 300 words). Explain what the data means in the context of the problem.
Formulating conclusion and recommendations
Conclude on the research and provide two specific recommendations for the real estate developer. 4.References
Expert Answer:
Introduction The purpose of this report is to conduct market research in order to understand the current structures of Australian households and families as well as how these structures are projected ... View the full answer
