Delphi Technique

Definition

Delphi Technique

from masabiz.weebly.com

Environments – The Delphi Technique is a frequently used method in futures research to obtain the consensus opinion of a group of experts about likely future developments. A series of questionnaires is used with controlled feedback given to participants between rounds of questions.

Marketing Research – The Delphi Technique is a method of forecasting that relies on repeated measurement and controlled feedback among those participating along the following lines:

  • each individual prepares a forecast
  • the forecasts are collected, and an anonymous summary is prepared by the person supervising the process
  • the summary is distributed to each person who prepared a forecast
  • those participating in the process are asked to study the summary and submit a revised forecast

The process is repeated until the forecasts converge.

See Also

Marketing research

References

  1. American Marketing Association, AMA Dictionary.
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