DuPont Essay Example | Topics and Well Written Essays - 1250 words

DuPont - Essay ExampleDuPont was not adapted to adopt right away barely because of the need to make steps to cope up with the competition, DuPont introduces the unsanded stainmaster carpets and it become one of the most popular commercial in television. For most of its history, the residential ingredient had been the most laid back segment of the carpet market. Styles tended to be simple, colors passive, and features uniform across all competitors in the industry. Technically, industry players maintained that differences did indeed exist, but in the words of one industry analyst, The differences were there in style and fiber quality, but the housewife out shopping for carpet didnt really acknowledge or care-she only liked what she could see and feel. As such, DuPont wondered if the styles and designs so popular in the commercial segment could be transferred to the residential segment. Was the average household allow to make carpeting more than just a backdrop for other furnish ings If the program were to be successful, it would mean several things further differentiation from other nylon. The finale of the company adapting to a new technology has been a good move but it also become a decision hassle. The company has come up with question that can be answer by a good marketing strategy. Although the advertisement in TV has been successful the consumer usually doesnt care to the highest degree the style and fiber quality instead they liked what they could see and feel. Problem DefinitionDefining the problem is the single most important step in the market research process. A clear statement of the problem is a key to a good research. A firm may spend hundreds or thousands of dollars doing market research, but if it has not correctly identified the problem, those dollars are wasted. In our case it is obvious that the problem here is that, will the new stainmaster carpet will be as successful as their original carpet. But even if this is clear, you still ne ed to know what exactly you need to know to make the new approach a success and what specific related to the product is difficult to find out. Problems that may be encountered are it is unknown what potential markets there are, what customer groups are interested in your products, who the competitors are After formulating your problem, you need to formulate your research questions. What questions need to be answered and which possible sub-questions do you have. Dupont wondered if the styles and designs so popular in the commercial segment could be transferred to the residential segment. Was the average household willing to make carpeting more than just a backdrop for other furnishings With the problem or opportunity defined, the next step is to set objectives for your market research operations. Research objectives, related to and determined by the problem formulation, are set so that when achieved they provide the necessary information to solve the problem.Research, Design and Met hodologyDesign is the activity involved in the development of an artifact or part of artifact from idea of manufacturing hand-off. Essentially, design is about fulfilling the human needs and particularly through the link of innovation, can make a real difference to quality of life. In DuPont, they have welcomed the new technology by introducing their new product line which is the Stainmaster carpet. It has been successful in the television ad but was not really able to penetrate the household. The company should be able to tell