CH 5 Flashcards
Involves directly comparing two versions of a product to see which one performs better with customers. Also known as split testing.
A/B testing
A type of research that measures how well an advertising campaign meets marketing objectives.
Advertising effectiveness studies
A data-collection method that utilizes a variety of technologies to anonymously track and compile individual consumer behaviors
Behavioral targeting
A term that describes both the growth in information that inundates businesses each day and the complex tools used to analyze the data and derive meaningful insights.
Big Data
A research technique that uses automated tools to find and extract information on the web about a brand and then uses specialized software to analyze these large amounts of text-based data.
Blog mining
A type of research used to understand the cause-and-effect relationships among variables
Causal research
The systematic gathering of data about strategies that direct and indirect competitors are pursuing in terms of new-product development and the marketing mix.
Competitive intelligence
A research sample drawn from respondents who are easily accessible to the researcher—for example, relatives, friends, or employees.
Convenience sample
A data analysis technique that enables someone to examine responses to one question in relation to responses from one or more other questions.
Cross-tabulation
A visual representation of the process a customer or prospect goes through to achieve a goal with a company.
Customer journey map
The presentation of data and research results in pictorial or graphical format.
Data visualization
A computer program that enables access and use of the information stored in the data warehouse.
Decision support system (DSS)
A type of research used to estimate how much customer demand there is for a particular product and understand the factors driving that demand.
Demand analysis
A data-collection tool in which the researcher, working with one participant at a time, asks open-ended questions about how the individual perceives and uses various products or brands.
Depth interview
A type of marketing research that seeks to understand consumer behavior by answering the questions who, what, when, where, and how.
Descriptive research
A data-collection method that sends trained observers to watch and interact with a subject population in their natural environment.
Ethnographic research
A type of marketing research that seeks to discover new insights that will help the firm better understand the problem or consumer thoughts, needs, and behavior.
Exploratory research
The categorization of facial expressions to reveal the emotional response of an individual while processing content.
Facial coding
A study that examines the impact of an intervention in the real world.
Field experiment
Data-collection tool in which a moderator engages a small group of people as they discuss a particular topic or concept with each other in a spontaneous way.
Focus groups
Colored regions overlaid on an image; the most frequently offered eye-tracking output.
Heat map
The people, technologies, and procedures aimed at supplying an organization’s marketing information needs. Such a system assesses those needs, develops the needed information, and helps decision-makers use information to create and validate actionable customer insights.
Marketing information system
Organizational activity that links the consumer, customer, and public to the marketer through information. The organization uses that information to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve understanding of marketing as a process.
Marketing research
A brief, involuntary facial expression that appears on a person’s face according to the emotions being experienced.
Micro-expression