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STEP 7: SELECTING AND RESEARCHING POTENTIAL COUNTRIES/MARKETS ABROAD
You are here: Step 7: Selecting and researching potential countries/markets abroad > Implementing the research brief > Evaluate the shortlisted countries in detail > Techniques for formal in-market research > Postal surveys  
Postal surveys

A true postal survey is considered to be a form of in-market research even when it is conducted from South Africa. While it is the least expensive in-market research technique, it is also the most unreliable, especially when undertaking this research over distance in a foreign country.

The principle application of postal surveys should be to help minimise the overall cost of in-market research by reducing the number of personal visits that might be required. However, the technique should seldom, if ever, be used in isolation.

The main advantage of postal surveys is that they are relatively cheap and a wide area and a large number of respondents can be canvassed on a low budget. There are several disadvantages to this research technique, namely:

  • The difficulty in selecting a representative sample
  • The necessity of keeping the questionnaire short and simple, thus limited the depth of the survey
  • The very low response rate usually no greater than 5 per cent
  • The bias introduced by the low response rate. Those who do reply usually have a greater interest in the subject than those making up a selection from a random sample

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Step 7: more information

Step 7: Selecting and researching potential countries/markets abroad
      Preparing a research brief
      Implementing the research brief
            Compile a shortlist of countries
            Evaluate the shortlisted countries in more detail
                       Focusing on the customer – Undertaking marketing research in your
                       foreign target market
                       Circumstances favouring in-house research
                       Circumstances favouring agency research
                       Commissioning an external market research agency
                       Checklist for selecting a marketing research agency
                       Desk research
                       In-market research
                             Techniques for formal in-market research
                                   .Personal interviews
                                   .Telephone interviews
                                   .Store visits
                                   .Test marketing
                                   .Motivational research
                            Problems with in-market research
      Preparing a research report

 

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More information on Step 7
Learning to export... The export process in 21 easy steps
Step 1: Considering exporting
Step 2:Current business viability
Step 3:Export readiness
Step 4:Broad mission statement and initial budget
Step 5:Confirming management's commitment to exports
Step 6: Undertaking an initial SWOT analysis of the firm
Step 7:Selecting and researching potential countries abroad
Step 8: Preparing and implementing your export plan
Step 9: Obtaining financing for your exports
Step 10: Managing your export risk
Step 11: Promoting the firm and its products abroad
Step 12: Negotiating and quoting in exports
Step 13: Revising your export costings and price
Step 14: Obtaining the export order
Step 15: Producing the goods
Step 16: Handling the export logistics
Step 17: Export documentation
Step 18: Providing follow-up support
Step 19: Getting paid
Step 20: Reviewing and improving the export process
Step 21: Export Management
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