How I learned to do research by shopping online

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How I learned to do research by shopping online Marion Fass Beloit College

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How I learned to do research by shopping online. Marion Fass Beloit College. It was time for a new pair of shoes to start the school year. The research questions- What kind of shoes should I buy? (THE RESEARCH QUESTION) Athletic shoes Flat shoes Boots Where can I get the best deal? - PowerPoint PPT Presentation

Transcript of How I learned to do research by shopping online

Page 1: How I learned  to  do  research by shopping  online

How I learned to do research

by shopping onlineMarion Fass

Beloit College

Page 2: How I learned  to  do  research by shopping  online

It was time for a new pair of shoes to start the school year

The research questions- What kind of shoes should I buy? (THE RESEARCH

QUESTION) Athletic shoes Flat shoes Boots

Where can I get the best deal? What are the qualities of the shoes? How reputable is the site?

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Refine the question

What is the purpose of my shoe purchase? What needs does it fill?

(The research question- what am I trying to really find out)

Page 4: How I learned  to  do  research by shopping  online

First the online data source: TOO MANY OPTIONS-

Page 5: How I learned  to  do  research by shopping  online

I think I’ll look at athletic shoes Choose “athletic shoes” Choose size Oh no, now choose brand (I like New

Balance) There are 94 options I like this one, but is it too expensive? Do

others rate it as well?

Page 6: How I learned  to  do  research by shopping  online

Try another site for more info

ON SALE at Onlineshoes.com

Testing hypotheses with more information

I can save $18.00!!

But are there more colors?

The grey isn’t in my size.

FREE shipping, just like Zappos, but reduced price.

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www.shoebuy.com$10 off $50 or

more And free shipping

But they don’t have the right style

KEEP LOOKING . . .

Try a Google search

Zappos has the best color, but not the best price.

No coupons

Page 8: How I learned  to  do  research by shopping  online

Try Joe’s New Balance Outlet

Keep trying for more information

Each site helps me refine my purchase

In research, we continue to look for more data to expand our understanding of our hypothesis.

Joe’s has the shoes I want, at the right price, but no free shipping. . .

$59.95 plus $4.95 Let’s keep refining the

search.

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What I learned from my shopping

First you define and refine the research question

What kind of shoes do I want?

What kind of athletic shoes are best?

Of all the athletic shoes in my brand, how do I choose the one to buy?

How much am I willing to spend?

Then you collect more data

One set of data may not help you refine your question.

Look for alternative data Similar shoes Different stores with

better prices Cost of shipping

Page 10: How I learned  to  do  research by shopping  online

Developing my report- I had a big question Narrowed it to one that I could find an answer for Searched for alternative data to test my

hypotheses Supported my decision Pushed BUY. One set of information alone isn’t enough. I saved

$18 by gathering more information. Research is an iterative process- so is shopping wisely.