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Pom14 dppt04-S2022 3W
Pom14 dppt04-S2022 3W
Marketing
Information
• Marketing Information and
Customer Insights
• Assessing Marketing
Information Needs
• Developing Marketing
Information
• Marketing Research
• Analyzing and Using
Marketing Information
• Other Marketing Information
Considerations
Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
"Fresh marketing information-
based understandings of
customers and the marketplace
that become the basis for
Insights
• Come from good marketing information
• Fresh and deep insights into
customer needs and wants, which are
used to develop a competitive advantage
• Difficult to obtain
• Not obvious
• Customer’s unsure of their behavior
They need better information and have more effective use of existing
information.
Marketing Information System
Consists of people and procedures for:
- Assessing the information needs
- Developing needed information
- Helping decision makers use the information for
customer
Marketing Environment
MIS provides information to the company’s marketing and other
managers and external partners such as suppliers, resellers, and
marketing service agencies
Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
A good MIS...
balances users’ information desires against what
they need and what is feasible to offer
Marketing Marketing
Intelligence Info
Marketing
Research
Research objectives
Information needed
Budget
Research Options
SECONDARY data PRIMARY
Information that already exists Observational
somewhere, having been collected for
another purpose
Ethnographic
Vs
PRIMARY data Survey
Primary
Data
Costly Takes time
Planning
Observational https://youtu.be/Hatmm84sqm0
Experimental
- Is gathering primary data by selecting matched
groups of subjects, giving them different treatments,
controlling related factors and checking for differences
in group responses
- Is best for gathering causal information—cause-and-
effect relationships
Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
Scariest movies ever?
• https://www.forbes.com/sites/travisbean/20
20/10/17/what-is-the-scariest-movie-ever-we
ll-science-now-has-an-answer-to-that-questio
n/?sh=170e1a5256a2
• 50 people
• Over 100 hours of watching
scary movies
• Heart-rate monitors
Discussion
Please discuss with your partners
• Tinder wants to open a new
dating app targeting teenagers
and young adults (above 18).
• In the first phase, it plans to
launch the app in universities
in HCMC. Once succeed, it will
move to Phase 2 and open the
app for more users.
Discussion
Please discuss with your partners
• As part of its R&D department, you need to conduct the
research to gather information before the team can design
the app.
• Which research approach(es) will you use? Why?
Primary Data Collection
Planning
Mail Telephone Personal Online
CONTACT METHODS
Mail
https://youtu.be/RBhpGHFVWfY
(movie scenes from "Mad Men")
Planning
SAMPLING PLAN
Sample
a segment of the population selected to
represent the population as a whole
Who is to be studied?
How many people should be studied?
How should the people be chosen?
Stratified random
The population is divided into mutually exclusive groups and random
samples are drawn from each group, e.g., dividing population based
on ages, and for each age "stratum", select a sample => your sample
will be the combined "samples" of all "strata"
Cluster
The population is divided into mutually exclusive groups, any of which
can be considered a representative sample, (geographical cluster
sampling) e.g., students at FPT as a cluster sample for university
students in District 9
Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
Non-Probability Sample
Convenience
The research selects the easiest population members
Judgment
The researcher uses their judgment to select population
members
Quota
The researcher finds and interviews a prescribed number
of people in each of several categories
Planning
Discussion
Please discuss with your partners
• Tinder wants to open a new
dating app targeting teenagers
and young adults (above 18).
• In the first phase, it plans to
launch the app in universities
in HCMC. Once succeed, it will
move to Phase 2 and open the
app for more users.
Discussion
Please discuss with your partners
• As part of its R&D department, you need to conduct the
research to gather information before the team can design
the app.
• How will you select the sample? What sampling method will
you use? Why?
RESEARCH INSTRUMENTS
MARKETING RESEARCH INSTRUMENTS
Planning
Collect Information
Process Information
Analyze Information
Customer Relationship
Management
• Managing detailed information about individual customers and
carefully managing customer touch points to maximize customer
loyalty.
• Using sophisticated software and analysis tools that integrate
customer and marketplace information from all sources, analyse it
and apply the results to build stronger customer relationships.
• Customer privacy
• Misuse of research findings (e.g.,
misinterpretation of information due to
researchers' bias, misleading information)
Food for thoughts: How do you feel about your privacy with
online, phone, in-person, or mail surveys? Are some better
than others?
When might the questions feel like an invasion of privacy or
fraud?