POM - SEMIS Flashcards
The intersection between the interest of the consumer and features of the brand.
Customer Insight
provides information to the company’s marketing and other managers and external partners such as suppliers, resellers, and marketing services agencies.
Marketing Information System (MIS)
Are electronic collection of consumers and market information obtained from data sources within the company network.
Internal Data
can provide strong competitive advantage from the key information on customers such as sales, websites visited, demographics, psychographics, service and satisfaction measures.
Internal Data
is the systematic collection and analysis of publicly available information about consumers, competitors and developments in the marketplace.
Marketing Intelligence
is the systematic design, collection, and reporting of data relevant to a specific marketing situation facing an organization.
Marketing Research
objectives is to gather preliminary information that will help define the problem and suggest hypotheses.
Exploratory Research
describes things.
Descriptive Research
tests hypothesis about cause and effect relationships.
Causal Research
Consist of information gathered for the special research plan.
Primary Data
consists of information that already exists somewhere, having been collected for another purpose
Secondary Data
involves gathering primary data by observing relevant people, actions, and situations.
Observational Research
involves sending trained observers to watch and interact with consumers in their natural environment.
Ethnographic Research
is the most widely used method and is the best for descriptive information knowledge, attitudes, preferences and buying behavior.
Survey Research
is the best for gathering causal information cause-and-effect relationships.
Experimental Research
is composed of 6 to 10 people along with a trained moderator. This is quiet challenging because it is expensive, difficult to generalize from small group and consumers are not always open and honest.
Focus Group
which includes Online Marketing Research, Internet surveys, Online panels, Click-streams data and Online focus groups.
Web Based
is a segment of the population selected for marketing research to represent the population as a whole.
Sample
every member of the population has a known and equal chance of selection.
Simple random sample
the population is divided into mutually exclusive groups and the random samples are drawn from each group
Stratified random sample
the population is divided into mutually exclusive groups and the researcher draws a sample.
Cluster (area) sample
The research selects the easiest population members.
Convenience sample
The researcher uses judgement to select population members.
Judgement sample
The researcher finds and interviews a prescribed number of people in each several categories.
Quota sample
is the most common marketing research instrument. This as administered in person, by phone, or online and said to be flexible. Researchers must be careful with wording and ordering of questions.
Questionnaires
includes all possible answers, and subjects make choices among them. Provide answers that are easier to interpret and tabulate.
Closed-end questions
allow respondents to answer in their own words. Useful in exploratory research.
Open-end questions
involves entering information into databases and making it available in a time-useable manner.
Information Distribution