+ All Categories
Home > Documents > Chapter 9 MKTG6

Chapter 9 MKTG6

Date post: 04-Jun-2018
Category:
Upload: angela-stephen
View: 219 times
Download: 0 times
Share this document with a friend

of 45

Transcript
  • 8/14/2019 Chapter 9 MKTG6

    1/45

    Chapter 1 Copyright 2012 by Cengage Learning Inc. All rights reserved 1

    Lamb, Hair, McDaniel

    CHAPTER 9Decision Support Systems and

    Marketing Research

    2012-2013

    iStock

    photo.com/Zonecreative

  • 8/14/2019 Chapter 9 MKTG6

    2/45

    Marketing Decision

    Support SystemsAn interactive, flexible computerized information system that

    enables managers to obtain and manipulate information as

    they are making decisions.

    Characteristics:

    Interactive

    Flexible

    Discovery Oriented

    Accessible

    1 Cengage Learning Inc. 2013. All Rights Reserved.2

  • 8/14/2019 Chapter 9 MKTG6

    3/45

    Marketing Decision

    Support Systems

    DatabaseMarketing

    The creation of a large

    computerized file of customers

    and potential customers profiles

    and purchase patterns.

    1 Cengage Learning Inc. 2013. All Rights Reserved.3

  • 8/14/2019 Chapter 9 MKTG6

    4/45

    The Role of

    Marketing Research

    The process of

    planning, collecting, and

    analyzing data relevantto a marketing decision.

    2

    Marketing

    Research

    Cengage Learning Inc. 2013. All Rights Reserved.4

  • 8/14/2019 Chapter 9 MKTG6

    5/45

    The Role of

    Marketing Research

    Diagnostic

    Predictive

    DescriptiveGathering and presentingfactual statements

    Explaining data

    Address what if questions

    2 Cengage Learning Inc. 2013. All Rights Reserved.5

  • 8/14/2019 Chapter 9 MKTG6

    6/45

    CollectData

    SpecifySamplingProcedure

    Plan Design/Primary Data

    DefineProblem

    AnalyzeData

    Prepare/

    PresentReport

    Follow Up

    1

    23

    4

    5

    6

    7

    Exhibit 9.1The Marketing Research

    Process

    Cengage Learning Inc. 2013. All Rights Reserved.6

  • 8/14/2019 Chapter 9 MKTG6

    7/45

    Sources of

    Secondary Data

    Government Agencies

    Trade and Industry Associations

    Business Periodicals

    News Media

    Internal Corporate Information

    3 Cengage Learning Inc. 2013. All Rights Reserved.7

  • 8/14/2019 Chapter 9 MKTG6

    8/45

    Advantages of

    Secondary Data

    Saves time and money if on

    target

    Aids in determining direction

    for primary data collection

    Pinpoints the kinds of people

    to approach

    Serves as a basis ofcomparison for other data

    3 Cengage Learning Inc. 2013. All Rights Reserved.8

  • 8/14/2019 Chapter 9 MKTG6

    9/45

    Disadvantages of

    Secondary Data

    May not give adequate

    detailed information

    May not be on target withthe research problem

    Quality and accuracy of

    data may pose a problem

    3 Cengage Learning Inc. 2013. All Rights Reserved.9

  • 8/14/2019 Chapter 9 MKTG6

    10/45

    The New Age of Secondary

    Information: The Internet

    The rapid development of the

    Internet has eliminated much ofthe drudgery associated with the

    collection of secondary data.

    3 Cengage Learning Inc. 2013. All Rights Reserved.10

  • 8/14/2019 Chapter 9 MKTG6

    11/45

    Marketing Research Aggregators

    Acquire, catalog, reformat, segment, and

    resell reports already published by large

    and small marketing research firm.

    Databases are getting bigger, morecomprehensive, and easier to search.

    Some major aggregators are:

    mindbranch.com

    aarkstore.com

    usadata.com

    3 Cengage Learning Inc. 2013. All Rights Reserved.11

  • 8/14/2019 Chapter 9 MKTG6

    12/45

    Planning the

    Research Design

    Which researchquestions

    must be answered?

    How and whenwill data be

    gathered?

    How willthe data

    be analyzed?

    ?

    3 Cengage Learning Inc. 2013. All Rights Reserved.12

  • 8/14/2019 Chapter 9 MKTG6

    13/45

    Primary Data

    Information collected for the first time.

    Used for solving the particular problem

    under investigation.

    Advantages: Answers a specific research question

    Data are current

    Source of data is known

    Secrecy can be maintained

    3 Cengage Learning Inc. 2013. All Rights Reserved.13

  • 8/14/2019 Chapter 9 MKTG6

    14/45

    Disadvantages of

    Primary Data

    Primary data can be very expensive.

    Disadvantages areusually offset by theadvantages ofprimary data.

    3 Cengage Learning Inc. 2013. All Rights Reserved.14

  • 8/14/2019 Chapter 9 MKTG6

    15/45

    Survey Research

    The most popular technique for

    gathering primary data, in

    which a researcher interacts

    with people to obtain facts,opinions, and attitudes.

    Survey Research

    3 Cengage Learning Inc. 2013. All Rights Reserved.15

  • 8/14/2019 Chapter 9 MKTG6

    16/45

    Forms of

    Survey Research

    Focus Groups

    Executive Interviews

    Mail Surveys

    Telephone Interviews

    Mall Intercept Interviews

    In-Home Interviews

    3 Cengage Learning Inc. 2013. All Rights Reserved.16

  • 8/14/2019 Chapter 9 MKTG6

    17/45

    Questionnaire Design

    Open-EndedQuestion

    Closed-EndedQuestion

    Scaled-ResponseQuestion

    An interview question that encouragesan answer phrased in the respondents

    own words.

    An interview question that asksthe respondent to make a selection

    from a limited list of responses.

    A closed-ended questiondesigned to measure the intensity

    of a respondents answer.

    3 Cengage Learning Inc. 2013. All Rights Reserved.17

  • 8/14/2019 Chapter 9 MKTG6

    18/45

    Questionnaire Design

    Clear and concise

    No ambiguous language

    Avoid two questions in one

    Avoid leading questions

    3 Cengage Learning Inc. 2013. All Rights Reserved.18

  • 8/14/2019 Chapter 9 MKTG6

    19/45

    Observation Research

    A research method that relies on

    four types of observation:

    people watching people

    people watching an activity

    machines watching people

    machines watching an activity

    Observation

    Research

    3 Cengage Learning Inc. 2013. All Rights Reserved.19

  • 8/14/2019 Chapter 9 MKTG6

    20/45

    Exhibit 9.3Observational Situations

    Cengage Learning Inc. 2013. All Rights Reserved.20

  • 8/14/2019 Chapter 9 MKTG6

    21/45

    Observational Research

    Mystery

    Shoppers

    Behavioral

    Targeting (BT)

    Researchers posing as customers who gather

    observational data about a store.

    A form of observation marketing research thatuses data mining coupled with identifying Websurfers by the IP addresses.

    3 Cengage Learning Inc. 2013. All Rights Reserved.21

  • 8/14/2019 Chapter 9 MKTG6

    22/45

    Ethnographic

    Research

    Ethnographic Research

    The study of human behavior

    in its natural context; involves

    observation of behavior and

    physical setting.

    3 Cengage Learning Inc. 2013. All Rights Reserved.22

  • 8/14/2019 Chapter 9 MKTG6

    23/45

    Virtual Shopping

    Advantages of virtual shopping:

    Creates an environment with a realistic

    level of complexity and variety.

    Allows quick set up and altering of tests.

    Low production costs.

    High flexibility.

    3 Cengage Learning Inc. 2013. All Rights Reserved.23

  • 8/14/2019 Chapter 9 MKTG6

    24/45

    Experiments

    Experiments are used by researchers togather primary data.

    Experiment VariablesPrice

    Package design

    Shelf space

    Advertising theme

    Advertising expenditures

    3 Cengage Learning Inc. 2013. All Rights Reserved.24

  • 8/14/2019 Chapter 9 MKTG6

    25/45

    Sampling Procedure

    Universe Sample

    ProbabilitySamples

    Non-ProbabilitySamples

    3 Cengage Learning Inc. 2013. All Rights Reserved.25

  • 8/14/2019 Chapter 9 MKTG6

    26/45

    Types of Samples

    ProbabilitySamples

    Simple RandomSample

    StratifiedSample

    Cluster

    SampleSystematic

    Sample

    Non-ProbabilitySamples

    ConvenienceSample

    JudgmentSample

    Quota

    SampleSnowballSample

    3 Cengage Learning Inc. 2013. All Rights Reserved.26

  • 8/14/2019 Chapter 9 MKTG6

    27/45

    Probability Samples

    ProbabilitySample

    A sample in which every element inthe population has a known

    statistical likelihood of beingselected.

    RandomSample

    A sample arranged so that everyelement of the population has anequal chance of being selected.

    3 Cengage Learning Inc. 2013. All Rights Reserved.27

  • 8/14/2019 Chapter 9 MKTG6

    28/45

    Nonprobability Samples

    NonprobabilitySample

    Convenience

    Sample

    Any sample in which little orno attempt is made to get a

    representative cross-section

    of the population.

    A form of nonprobability sampleusing respondents who are

    convenient or readilyaccessible to the researcher.

    3 Cengage Learning Inc. 2013. All Rights Reserved.28

  • 8/14/2019 Chapter 9 MKTG6

    29/45

    Collecting the Data

    Focus group facilities

    Mall intercept locations Test product storage

    Kitchen facilities

    Field Service Firms provide:

    3 Cengage Learning Inc. 2013. All Rights Reserved.29

  • 8/14/2019 Chapter 9 MKTG6

    30/45

    Analyzing the Data

    A method of analyzing data that

    lets the analyst look at the

    responses to one question in

    relation to the responses to oneor more other questions.

    Cross-

    Tabulation

    3 Cengage Learning Inc. 2013. All Rights Reserved.30

  • 8/14/2019 Chapter 9 MKTG6

    31/45

    Preparing and

    Presenting the Report

    Concise statement of the research

    objectives

    Explanation of research design

    Summary of major findings

    Conclusion with recommendations

    3 Cengage Learning Inc. 2013. All Rights Reserved.31

  • 8/14/2019 Chapter 9 MKTG6

    32/45

    Following Up

    Were the recommendations followed?

    Was sufficient decision-making

    information included in the report?

    What could have been done to make

    the report more useful to

    management?

    3 Cengage Learning Inc. 2013. All Rights Reserved.32

  • 8/14/2019 Chapter 9 MKTG6

    33/45

    Impact of the Internet

    Under appropriate conditions, can represent

    the entire population

    Has replaced computer-assisted telephone

    interviewing Rated as having the greatest potential for

    further growth

    4 Cengage Learning Inc. 2013. All Rights Reserved.33

  • 8/14/2019 Chapter 9 MKTG6

    34/45

    Advantages of

    Internet Surveys

    Contact with thehard-to-reach

    Improved respondent

    participation

    Personalized questionsand data

    Reduced costs

    Rapid development,Real-time reporting

    4 Cengage Learning Inc. 2013. All Rights Reserved.34

  • 8/14/2019 Chapter 9 MKTG6

    35/45

    Uses of the Internet by

    Marketing Researchers

    Other types of marketing research

    Conduct focus groups

    Administer surveys

    4 Cengage Learning Inc. 2013. All Rights Reserved.35

  • 8/14/2019 Chapter 9 MKTG6

    36/45

    Methods of Collecting Online

    Surveys

    Web Survey Systems

    Survey Design and Web Hosting

    Sites

    Online Panel Providers

    4 Cengage Learning Inc. 2013. All Rights Reserved.36

    P f O li

  • 8/14/2019 Chapter 9 MKTG6

    37/45

    Process for Online

    Focus Groups

    1. Build a database of respondents via Web site

    screening questionnaire

    2. Identify qualified individuals via e-mail

    3. Develop a discussion guide

    4. Moderator runs group by typing in questions online

    for all to see

    5. Environment is similar to a chat room

    6. Firm captures the complete text of the

    focus group

    4 Cengage Learning Inc. 2013. All Rights Reserved.37

  • 8/14/2019 Chapter 9 MKTG6

    38/45

    Advantages of Online

    Focus Groups

    Better participation rates

    Cost-effectiveness

    Broad geographic scope

    Accessibility

    Honesty

    4 Cengage Learning Inc. 2013. All Rights Reserved.38

  • 8/14/2019 Chapter 9 MKTG6

    39/45

    Web Community Research

    A carefully selected group of consumers

    who agree to participate in an ongoing

    dialogue with a particular corporation.

    Web communities: Engage customers

    Achieve customer-derived innovations

    Establish brand advocates

    Offer real-time results

    4 Cengage Learning Inc. 2013. All Rights Reserved.39

  • 8/14/2019 Chapter 9 MKTG6

    40/45

    Role of Consumer-Generated

    Media in Marketing Research

    CGM comes from various sources:

    blogs, message boards, review sites,

    podcasts, etc. CGM is trusted more than traditional

    advertising.

    4 Cengage Learning Inc. 2013. All Rights Reserved.40

  • 8/14/2019 Chapter 9 MKTG6

    41/45

    Scanner-Based Research

    A system for gathering information from a single group ofrespondents by continuously monitoring the advertising,

    promotion, and pricing they are exposed to and the things

    they buy.

    BehaviorScan InfoScan

    Research program that

    tracks the purchases of3,000 households

    through store scanners in

    each research market

    Sales-tracking service

    for the consumerpackaged-goods

    industry

    5 Cengage Learning Inc. 2013. All Rights Reserved.41

  • 8/14/2019 Chapter 9 MKTG6

    42/45

    Scanner-Based Research

    BehaviorScanWith such a measure of household purchasing, it is possibleto manipulate marketing variables, such as televisionadvertising or consumer promotions, or to introduce a newproduct and analyze real changes in consumer buyingbehavior.

    InfoScanRetail sales, detailed consumer purchasing information(including measurement of store loyalty and total grocerybasket expenditures), and promotional activity by

    manufacturers and retailers are monitored and evaluated forall bar-coded products.

    Data are collected weekly from more than 70,000supermarkets, drugstores, and mass merchandisers.

    5 Cengage Learning Inc. 2013. All Rights Reserved.42

    Wh Sh ld M k ti

  • 8/14/2019 Chapter 9 MKTG6

    43/45

    When Should Marketing

    Research Be Conducted?

    Depends on managers

    perceptions of its quality, price,

    and timing

    When the expected value of

    research information exceeds thecost of generating the information

    6 Cengage Learning Inc. 2013. All Rights Reserved.43

  • 8/14/2019 Chapter 9 MKTG6

    44/45

    Competitive Intelligence

    An intelligence system that helps

    managers assess their

    competition and vendors in order

    to become more efficient and

    effective competitors.

    Competitive

    Intelligence (CI)

    7 Cengage Learning Inc. 2013. All Rights Reserved.44

    Sources of

  • 8/14/2019 Chapter 9 MKTG6

    45/45

    Sources of

    Competitive Intelligence

    Internet

    Company Salespeople

    Industry Experts

    CI Consultants

    Government Agencies

    UCC Filings

    Suppliers

    Periodicals

    Yellow Pages

    Trade Shows


Recommended