Casual Research (experimentation)
Research
Exploratory
Descriptive
Causal
Experimentation
- Most interesting questions in marketing (and life) are causal Qs
- Does higher price - more $?
- Sun bathing cause skin cancer?
- Alot of confusion around causality
- Focus of today
- procedures involved in causal research
- why these procedures are necessary
process of manipulating the independent variable/ measuring its effect on the DV, while controlling for the effect of everything else
you need to offer X at different values/ obtain the corresponding values of Y
Option 1: Cre8 sub grps using your sample/apply different treaments (X) to diff grps
Option 2: Apply different treatments (X) over time
Experimental Group: grp exposed to the manipulated IV
Control Group: exposed to status quo value of the IV
Main obstacle: Extraneous Variables (EV)
- variables, other than IV, influence the DV
- Examples: diff in purchasing habits btwn customers, seasonality
Common sources of EV
- poorly designed experiment stimuli
- treatment/control grp X comparable
- external events
Selection Bias
Random assignment of testing units -- eliminate selection bias
Commonly used Experimental Designs
One-Group Pretest-Posttest Design
Static Group Design
Posttest only Control Group Design
O1 X O2
- grp of test unit measured twice
- X control grp
- treatment effect is computed as O2-O1
-validity of this conclusion is questionable since EV are largely uncontrolled
EG: X O1
CG: O2
- 2 group experimental design
- EG exposed to treatment/ CG X
- measurement on both grps made only after treatment
- test unit X assigned at random
- treatment effect O1-O2
EG: R X 01
CG: R X 02
- similar to SGD, test units are randomly assigned to EG/CG
- treatment effect is obtained by TE=O1-O2
- selection bias is eliminated by randomisation
Classification of Exp Design
No RANDOMISATION
Pre-Experimental
- 1 group Pretest-Posttest
- Static Group
Quasi-Experimental
- Time Series
- Multiple Time Series
With RANDOMISATION
True Experimental
Posttest-Only Control Group
Statistical
Factorial Design
Repeated measurement
X random assignment
- complex design test multiple IVs/ interactive effects
- involve random assignment
Lab vs Field Exp
Lab Experiment
- Takes place in Lab
- Hypothetical scenarios
- Research Participation
Field Experiment
- Takes place in natural environment
- Involves "real" decisions
- A/B testing
Exp Design any good?
Internal Validity
External Validity
- manipulation of IV is real cause of obs effect
- degree to which effects of extraneous variable are controlled
- can effects found be generalised in reality?
- often comes down to lab vs field exp
- do target population/ test units match?
Factors that -- poor internal validity= different EV
- poorly designed experimental stimuli
- treatment/ control grps X randomly assigned
- treatment/ control take place at diff time (external events)
Limitations of Exp
Time Consuming
Expensive
Difficult to adminster
Competitors may deliberately contaminate the results of field exp