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Objectives

Objectives

 Components of a marketing information Components of a marketing information system

system

 Criteria of good marketing researchCriteria of good marketing research

 Decision support systems for marketing Decision support systems for marketing management

management

(3)

A marketing information system (MIS)marketing information system (MIS) consists of people, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to marketing decision makers.

A marketing intelligence systemmarketing intelligence system is a set of

procedures and sources used by managers to obtain everyday information about developments in the

(4)

Defining the Problem & Research

Objectives

Defining the Problem & Research

Objectives

Test cause- and-effect relationships.

Tests hypotheses about cause- and-effect relationships.

Test cause- and-effect relationships.

Tests hypotheses about cause- and-effect relationships.

Sheds light on problem - suggest solutions or

new ideas.

Sheds light on problem - suggest solutions or

new ideas.

Ascertain magnitudes.

(5)

Research Approaches

Research Approaches

BehavioralBehavioral Focus-groupFocus-group

SurveySurvey

(6)

Secondary-Data Sources

Secondary-Data Sources

 Internal SourcesInternal Sources

 Government PublicationsGovernment Publications  Periodicals and BooksPeriodicals and Books

 Commercial DataCommercial Data  On-LineOn-Line

AssociationsAssociations

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The Marketing Research

Process

The Marketing Research

Process

Defining the

Defining the

problem and

problem and

research

research

objectives

objectives Defining the

Defining the

problem and

problem and

research

the research

the research

plan

plan

Developing

Developing

the research

the research

plan

plan

Collect the

Collect the

information

information Collect the

Collect the

information

information

Analyze the Analyze the information information Analyze the Analyze the information information

Present the

Present the

findings

findings Present the

Present the

findings

(8)

Good Marketing Research:

Good Marketing Research:

 Is scientificIs scientific  Is creativeIs creative

 Uses multiple methodsUses multiple methods

 Realizes the interdependence of models Realizes the interdependence of models

& data & data

 Acknowledges the cost & value of Acknowledges the cost & value of

information information

(9)

Ninety Types of Demand

Measurement (6 x 5 x 3)

All sales All sales

Company sales Company sales Product line sales Product line sales Product form sales Product form sales Product item sales Product item sales Industry sales Industry sales

Product

Product

level

level

Territory TerritoryRegionRegion

U.S.A.

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Demand

Demand

Market Demand Company

(11)

Estimating Current Demand

Estimating Current Demand

 Total Market PotentialTotal Market Potential

 Area Market PotentialArea Market Potential

 Industry SalesIndustry Sales

(12)

Estimating Future Demand

Estimating Future Demand

 Survey of Buyers’ IntentionsSurvey of Buyers’ Intentions

 Composite of Sales Force OpinionComposite of Sales Force Opinion

 Expert OpinionExpert Opinion

 Past Sales AnalysisPast Sales Analysis

(13)

Review

Review

 Components of a marketing information Components of a marketing information system

system

 Criteria of good marketing researchCriteria of good marketing research

 Decision support systems for marketing Decision support systems for marketing management

management

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