Marketing Management - Chapter 3

Perkha Khan
Perkha KhanLecturer um Quaid-i-Azam School of Management Sciences (QASMS)
Gathering Information and
Scanning the Environment
Marketing Management, 13th
ed
3
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-2
Chapter Questions
• What are the components of a modern
marketing information system?
• What are useful internal records?
• What is involved in a marketing intelligence
system?
• What are the key methods for tracking and
identifying opportunities in the macro
environment?
• What are some important macro environment
developments?
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-3
What is a
Marketing Information System (MIS)?
A marketing information system
consists of people, equipment, and
procedures to gather, sort, analyze,
evaluate, and distribute needed, timely,
and accurate information to
marketing decision makers.
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-4
Table 3.1 Information Needs Probes
• What decisions do you regularly make?
• What information do you need to make these
decisions?
• What information do you regularly get?
• What special studies do you periodically
request?
• What information would you want that you
are not getting now?
• What are the four most helpful improvements
that could be made in the present marketing
information system?
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-5
Internal Records and
Marketing Intelligence
• Order-to-payment cycle
• Sales information system
• Databases, warehousing, data mining
• Marketing intelligence system
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-6
Steps to Improve Marketing
Intelligence
• Train sales force to scan for new developments
• Motivate channel members to share
intelligence
• Network externally
• Utilize a customer advisory panel
• Utilize government data sources
• Collect customer feedback online
• Purchase information
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-7
Table 3.2
Secondary Commercial Data Sources
• Nielsen
• MRCA
• Information Resources
• SAMI/Burke
• Simmons
• Arbitron
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-8
Sources of Competitive Information
• Independent customer goods and service
review forums
• Distributor or sales agent feedback sites
• Combination sites offering customer reviews
and expert opinions
• Customer complaint sites
• Public blogs
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-9
Needs and Trends
• Fads
• Trends
• Megatrends
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-10
Trends Shaping the
Business Landscape
• Profound shifts in
centers of economic
activity
• Increases in public-
sector activity
• Change in consumer
landscape
• Technological
connectivity
• Scarcity of well-trained
talent
• Increase in demand for
natural resources
• Emergence of new
global industry
structures
• Ubiquitous access to
information
• Management shifts
from art to science
• Increase in scrutiny of
big business practices
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-11
Environmental Forces
• Demographic
• Economic
• Socio-cultural
• Natural
• Technological
• Political-legal
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-12
Population and Demographics
• Population growth
• Population age mix
• Ethnic markets
• Educational groups
• Household patterns
• Geographical shifts
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-13
Economic Environment
• Income Distribution
• Savings, Debt, and Credit
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-14
Social-Cultural Environment
• Views of themselves
• Views of others
• Views of organizations
• Views of society
• Views of nature
• Views of the universe
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-15
Table 3.3 Most Popular
American Leisure Activities
• Reading
• TV Watching
• Spending time with
family
• Going to movies
• Fishing
• Computer activities
• Gardening
• Renting movies
• Walking
• Exercise
• Listening to music
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-16
Natural Environment
• Shortage of raw materials
• Increased energy costs
• Anti-pollution pressures
• Governmental protections
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-17
Keys to Avoiding
Green Marketing Myopia
• Consumer Value Positioning
• Calibration of Consumer Knowledge
• Credibility of Product Claims
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-18
Technological Environment
• Pace of change
• Opportunities for innovation
• Varying R&D budgets
• Increased regulation of change
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Marketing Management - Chapter 3

  • 1. Gathering Information and Scanning the Environment Marketing Management, 13th ed 3
  • 2. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-2 Chapter Questions • What are the components of a modern marketing information system? • What are useful internal records? • What is involved in a marketing intelligence system? • What are the key methods for tracking and identifying opportunities in the macro environment? • What are some important macro environment developments?
  • 3. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-3 What is a Marketing Information System (MIS)? A marketing information system consists of people, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to marketing decision makers.
  • 4. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-4 Table 3.1 Information Needs Probes • What decisions do you regularly make? • What information do you need to make these decisions? • What information do you regularly get? • What special studies do you periodically request? • What information would you want that you are not getting now? • What are the four most helpful improvements that could be made in the present marketing information system?
  • 5. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-5 Internal Records and Marketing Intelligence • Order-to-payment cycle • Sales information system • Databases, warehousing, data mining • Marketing intelligence system
  • 6. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-6 Steps to Improve Marketing Intelligence • Train sales force to scan for new developments • Motivate channel members to share intelligence • Network externally • Utilize a customer advisory panel • Utilize government data sources • Collect customer feedback online • Purchase information
  • 7. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-7 Table 3.2 Secondary Commercial Data Sources • Nielsen • MRCA • Information Resources • SAMI/Burke • Simmons • Arbitron
  • 8. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-8 Sources of Competitive Information • Independent customer goods and service review forums • Distributor or sales agent feedback sites • Combination sites offering customer reviews and expert opinions • Customer complaint sites • Public blogs
  • 9. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-9 Needs and Trends • Fads • Trends • Megatrends
  • 10. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-10 Trends Shaping the Business Landscape • Profound shifts in centers of economic activity • Increases in public- sector activity • Change in consumer landscape • Technological connectivity • Scarcity of well-trained talent • Increase in demand for natural resources • Emergence of new global industry structures • Ubiquitous access to information • Management shifts from art to science • Increase in scrutiny of big business practices
  • 11. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-11 Environmental Forces • Demographic • Economic • Socio-cultural • Natural • Technological • Political-legal
  • 12. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-12 Population and Demographics • Population growth • Population age mix • Ethnic markets • Educational groups • Household patterns • Geographical shifts
  • 13. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-13 Economic Environment • Income Distribution • Savings, Debt, and Credit
  • 14. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-14 Social-Cultural Environment • Views of themselves • Views of others • Views of organizations • Views of society • Views of nature • Views of the universe
  • 15. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-15 Table 3.3 Most Popular American Leisure Activities • Reading • TV Watching • Spending time with family • Going to movies • Fishing • Computer activities • Gardening • Renting movies • Walking • Exercise • Listening to music
  • 16. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-16 Natural Environment • Shortage of raw materials • Increased energy costs • Anti-pollution pressures • Governmental protections
  • 17. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-17 Keys to Avoiding Green Marketing Myopia • Consumer Value Positioning • Calibration of Consumer Knowledge • Credibility of Product Claims
  • 18. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-18 Technological Environment • Pace of change • Opportunities for innovation • Varying R&D budgets • Increased regulation of change