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MARKETING RESEARCH AND

INFORMATION SYSTEMS

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Principles of Marketing 2

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By Dmitriy V. Kim

Marketing Research & Information Systems

OBJECTIVES OF THE CHAPTER:

1. Explain the concept of the

marketing

information system

, emphasizing ways of

assessing information needs, the sources used

for

developing information

, and ways of

distributing information

.

2. Outline the

marketing research process

,

including

defining the problem

and

research

objectives

and

developing the research

plan

.

3. Discuss the key issues of

planning primary

data collection, implementing the research

plan

,

and

interpreting and reporting the

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THE MARKETING INFORMATION SYSTEM

Marketing Information System

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Principles of Marketing 4

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Figure 4-1

The Marketing Information System

Developing Information System

Developing Information Marketing Environment Target Markets Marketing Channels Competitors Public Macro Environment forces Marketing Managers Analysis Planning Implementation Organization Control Assessing Information needs Distributing

Information InformationAnalysis MarketingResearch Marketing Intelligence Internal

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ASSESSING INFORMATION NEEDS

Table 4-1:

1. What type of decisions do you make regularly?

2. What type of information do you need to make these decisions? 3. What types of useful information do you make regularly?

4. What types of information would you like to get that you are not getting now?

5. What types of information are you getting now that you don’t really need?

6. What information would you want daily? weekly? monthly? yearly? 7. What topics would you like to be kept informed about?

8. What databases would be useful to you?

9. What types of information analysis programs would you like to have?

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Principles of Marketing 6

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DEVELOPING INFORMATION

Internal company records

Marketing intelligence

Marketing research

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DEVELOPING INFORMATION

Three ways to obtain information:

Internal

company

records

Marketing

intelligence

Marketing

research

Information gathered from

sources within the company to

evaluate marketing performance

and to detect marketing

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Principles of Marketing 8

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DEVELOPING INFORMATION

Three ways to obtain information:

Internal

company

records

Marketing

intelligence

Marketing

research

Everyday information about

developments in the marketing

environment that helps

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DEVELOPING INFORMATION

Three ways to obtain information:

Internal

company

records

Marketing

intelligence

Marketing

research

The function that links the

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Principles of Marketing 10

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By Dmitriy V. Kim

THE MARKETING RESEARCH PROCESS

Marketing Research Process:

Defining the problem and

research objectives

Developing the research plan for

collection information

Implementing the research plan –

collecting and analyzing the data

Interpreting and

reporting the

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DEFINING THE PROBLEM AND RESEARCH OBJECTIVES

After the problem has been defined carefully, the manager and researcher must set the research objectives. A marketing

research project might have one of three types of objectives:

Exploratory

Exploratory

Research

Research

Marketing

Research to gather preliminary

information that will help to better define problems and suggest hypotheses.

Descriptive

Descriptive

Research

Research

Marketing research to better describe marketing problems, situations, or

markets, such as the market potential for a product or the demographics and attitudes of consumers.

Casual research

Casual research

Marketing research to test hypotheses about cause-and-effect

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Principles of Marketing 12

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DEVELOPING THE RESEARCH PLAN

Determining specific information needs

Gathering secondary information

Planning primary data collection

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DEVELOPING THE RESEARCH PLAN

Secondary Data:

Secondary Data:

Information that already

exists somewhere,

having been collected for

another purpose.

Primary Data:

Primary Data:

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Principles of Marketing 14

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DEVELOPING THE RESEARCH PLAN

Secondary Data:

Secondary Data:

Information that already exists somewhere, having been collected for another purpose.

Internal Sources

Government Publications

Periodicals and Books

Commercial Data

International Data Internal Sources

Government Publications

Periodicals and Books

Commercial Data

International Data

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DEVELOPING THE RESEARCH PLAN

Planning primary data collection:

Research

Approaches MethodsContact Sampling Plan instrumentsResearch

Observation Mail Sampling unit Questionnaire

Survey

Experiment

Telephone Sample size Mechanical instruments

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Principles of Marketing 16

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DEVELOPING THE RESEARCH PLAN

Survey Research

The gathering of primary data by asking people questions about their knowledge, attitudes, preferences, and buying behavior.

Observational Research

Can be used to obtain information that people are unwilling or unable to provide.

Experimental Research

The gathering of primary data by selecting matched groups of subjects, giving them different treatments, controlling related factors, and checking for differences in group responses.

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DEVELOPING THE RESEARCH PLAN

Contact Methods:

1. Flexibility

3. Control of interviewer effects

4. Control of sample

5. Speed of data collection

6. Response rate

2. Quantity of data that can be collected

Poor

Good

Good Excellent

Excellent

Fair

Poor

Poor

Fair

Fair

Excellent

Excellent

Good

Excellent

Poor

Fair

Good

Good

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Principles of Marketing 18

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DEVELOPING THE RESEARCH PLAN

Sampling Plans:

Sample

Sample

A segment of the population selected for

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DEVELOPING THE RESEARCH PLAN

Sampling Plans:

Types of Samples:

Every member of the population

has a known and equal chance

of selection.

PROBABILITY SAMPLE

Simple

random sample

Stratified

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Principles of Marketing 20

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DEVELOPING THE RESEARCH PLAN

Sampling Plans:

Types of Samples:

The population is divided into

mutually exclusive groups (such as

age groups), and random samples

are drawn from each group.

The population is divided into

mutually exclusive groups (such as

blocks), and the researcher draws a

sample of the group to interview.

PROBABILITY SAMPLE

Simple

random sample

Stratified

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DEVELOPING THE RESEARCH PLAN

Sampling Plans:

Types of Samples:

The researcher selects the

easiest population members

from which to obtain

information.

Convenience

sample

Judgment

Sample

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Principles of Marketing 22

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DEVELOPING THE RESEARCH PLAN

Sampling Plans:

Types of Samples:

The researcher uses his or her

judgment to select population

members who are good prospects

for accurate information.

The researcher finds and interviews

a prescribed number of people in

each of several categories.

NONPROBABILITY SAMPLE

Convenience

sample

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PRESENTING THE RESEARCH PLAN

WRITTEN PROPOSAL

WRITTEN PROPOSAL

• Management problems

• Research objectives

• Information to be obtained

• Sources of secondary

information

• Methods of collecting primary

data

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Principles of Marketing 24

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IMPLEMENTING THE RESEARCH PLAN

USE OWN MARKETING RESEARCH

STAFF

HIRE OUTSIDE FIRM THAT

Figure

Figure 4-1  The Marketing Information System

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