SlideShare a Scribd company logo
1 of 16
SSS MMDP BATCH 5

Collecting Information For Marketing
Decision Making

Sonny Agdeppa
February 7,2014
Where to collect information?
Where to collect information?
Where to collect information?
1. Management Information System (MIS)
Where to collect information?
1. Management Information System (MIS)
2. Trends and Megatrends
Where to collect information?
1. Management Information System (MIS)
2. Trends and Megatrends

3.

Major Environmental Forces
Where to collect information?
MIS
Components -

Internal Records System
(company records)
Marketing Intelligence System
(outside the company)

Marketing Research System
(analysis)
Trends and Megatrends

Fad
•Unpredictable
•Short-lived

vs.

Trend
•More valuable
•More predictable
Trends and Megatrends

Megatrends
Large Change in
•Social
•Economic
•Political
•Technological

Influence is 7-10 years, or more
Monitoring 6 Environmental Forces
Technological
Monitoring 6 Environmental Forces
Technological
Demographics
Monitoring 6 Environmental Forces
Technological
Demographics

Political-Legal
Monitoring 6 Environmental Forces
Technological
Demographics

Political-Legal
Economic
Monitoring 6 Environmental Forces
Technological
Demographics

Political-Legal
Economic

Socio-cultural
Monitoring 6 Environmental Forces
Technological
Demographics

Political-Legal
Economic

Socio-cultural
Natural
Information for Market Decision Making
MIS

Trends and Megatrends

Environmental
Factors

More Related Content

Viewers also liked

Viewers also liked (7)

Rudi spyros
Rudi spyrosRudi spyros
Rudi spyros
 
Enhancing Social Media Skills
Enhancing Social Media SkillsEnhancing Social Media Skills
Enhancing Social Media Skills
 
Liikuntaa tunti päivässä.
Liikuntaa tunti päivässä.Liikuntaa tunti päivässä.
Liikuntaa tunti päivässä.
 
PRACTICA 1
PRACTICA 1PRACTICA 1
PRACTICA 1
 
มลภาวะทางสังคม
มลภาวะทางสังคมมลภาวะทางสังคม
มลภาวะทางสังคม
 
Digipalvelun huolenpito?
Digipalvelun huolenpito?Digipalvelun huolenpito?
Digipalvelun huolenpito?
 
Symfonia
SymfoniaSymfonia
Symfonia
 

Similar to Must do things for marketing

market information system
market information systemmarket information system
market information systemSunil Chichra
 
Environmental scanning
Environmental scanningEnvironmental scanning
Environmental scanningNishant Pahad
 
ANIS2013_Why Technology for Social Innovation_Hyungbae Min
ANIS2013_Why Technology for Social Innovation_Hyungbae MinANIS2013_Why Technology for Social Innovation_Hyungbae Min
ANIS2013_Why Technology for Social Innovation_Hyungbae Minngoinnovation
 
The increasing importance of Genomic Surveillance on August 8th 2022
The increasing importance of Genomic Surveillance on August 8th 2022The increasing importance of Genomic Surveillance on August 8th 2022
The increasing importance of Genomic Surveillance on August 8th 2022decodemai
 
Strategic Planning and Environmental Monitoring
Strategic Planning and Environmental MonitoringStrategic Planning and Environmental Monitoring
Strategic Planning and Environmental MonitoringJJAnthony
 
Marketing assignment chapter 3
Marketing assignment chapter 3Marketing assignment chapter 3
Marketing assignment chapter 3roeltitomarcial
 
Marketing assignment chapter 3
Marketing assignment chapter 3Marketing assignment chapter 3
Marketing assignment chapter 3roeltitomarcial
 
Data Driven Decisiion Making by M Hussain Rana.pptx
Data Driven Decisiion Making by M Hussain Rana.pptxData Driven Decisiion Making by M Hussain Rana.pptx
Data Driven Decisiion Making by M Hussain Rana.pptxMuhammad Hussain Rana
 
What The Newest GRIt Report Tells Us About The Future Direction Of Insights
What The Newest GRIt Report Tells Us About The Future Direction Of InsightsWhat The Newest GRIt Report Tells Us About The Future Direction Of Insights
What The Newest GRIt Report Tells Us About The Future Direction Of InsightsLeonard Murphy
 
Environmental scanning
Environmental scanningEnvironmental scanning
Environmental scanningBrad Gangnon
 
PMSA 2012 Cross_Functional_Effectiveness_Data_Strategy_to_Drive Big_Picture_D...
PMSA 2012 Cross_Functional_Effectiveness_Data_Strategy_to_Drive Big_Picture_D...PMSA 2012 Cross_Functional_Effectiveness_Data_Strategy_to_Drive Big_Picture_D...
PMSA 2012 Cross_Functional_Effectiveness_Data_Strategy_to_Drive Big_Picture_D...Laura Jenkins Jirele
 
Chapter 3 Gathering Information and Scanning the Environment
Chapter 3 Gathering Information and Scanning the EnvironmentChapter 3 Gathering Information and Scanning the Environment
Chapter 3 Gathering Information and Scanning the EnvironmentNishant Agrawal
 
Analytic Transformation | 2013 Loras College Business Analytics Symposium
Analytic Transformation | 2013 Loras College Business Analytics SymposiumAnalytic Transformation | 2013 Loras College Business Analytics Symposium
Analytic Transformation | 2013 Loras College Business Analytics SymposiumCartegraph
 
Leonard Murphy - Research Industry Transformation: The Shape of Things to Come
Leonard Murphy - Research Industry Transformation: The Shape of Things to ComeLeonard Murphy - Research Industry Transformation: The Shape of Things to Come
Leonard Murphy - Research Industry Transformation: The Shape of Things to ComeBAQMaR
 

Similar to Must do things for marketing (20)

Session 4 MG 220 BBA - 18 aug 10
Session 4   MG 220 BBA - 18 aug 10Session 4   MG 220 BBA - 18 aug 10
Session 4 MG 220 BBA - 18 aug 10
 
Session 4 MG 220 MBA - 26 Aug 10
Session 4   MG 220 MBA - 26 Aug 10Session 4   MG 220 MBA - 26 Aug 10
Session 4 MG 220 MBA - 26 Aug 10
 
market information system
market information systemmarket information system
market information system
 
Environmental scanning
Environmental scanningEnvironmental scanning
Environmental scanning
 
ANIS2013_Why Technology for Social Innovation_Hyungbae Min
ANIS2013_Why Technology for Social Innovation_Hyungbae MinANIS2013_Why Technology for Social Innovation_Hyungbae Min
ANIS2013_Why Technology for Social Innovation_Hyungbae Min
 
The increasing importance of Genomic Surveillance on August 8th 2022
The increasing importance of Genomic Surveillance on August 8th 2022The increasing importance of Genomic Surveillance on August 8th 2022
The increasing importance of Genomic Surveillance on August 8th 2022
 
Strategic Planning and Environmental Monitoring
Strategic Planning and Environmental MonitoringStrategic Planning and Environmental Monitoring
Strategic Planning and Environmental Monitoring
 
Marketing assignment chapter 3
Marketing assignment chapter 3Marketing assignment chapter 3
Marketing assignment chapter 3
 
Marketing assignment chapter 3
Marketing assignment chapter 3Marketing assignment chapter 3
Marketing assignment chapter 3
 
Data Driven Decisiion Making by M Hussain Rana.pptx
Data Driven Decisiion Making by M Hussain Rana.pptxData Driven Decisiion Making by M Hussain Rana.pptx
Data Driven Decisiion Making by M Hussain Rana.pptx
 
Mis chap1
Mis chap1Mis chap1
Mis chap1
 
03
0303
03
 
What The Newest GRIt Report Tells Us About The Future Direction Of Insights
What The Newest GRIt Report Tells Us About The Future Direction Of InsightsWhat The Newest GRIt Report Tells Us About The Future Direction Of Insights
What The Newest GRIt Report Tells Us About The Future Direction Of Insights
 
Environmental scanning
Environmental scanningEnvironmental scanning
Environmental scanning
 
PMSA 2012 Cross_Functional_Effectiveness_Data_Strategy_to_Drive Big_Picture_D...
PMSA 2012 Cross_Functional_Effectiveness_Data_Strategy_to_Drive Big_Picture_D...PMSA 2012 Cross_Functional_Effectiveness_Data_Strategy_to_Drive Big_Picture_D...
PMSA 2012 Cross_Functional_Effectiveness_Data_Strategy_to_Drive Big_Picture_D...
 
Statistics
Statistics Statistics
Statistics
 
Chapter 3 Gathering Information and Scanning the Environment
Chapter 3 Gathering Information and Scanning the EnvironmentChapter 3 Gathering Information and Scanning the Environment
Chapter 3 Gathering Information and Scanning the Environment
 
Analytic Transformation | 2013 Loras College Business Analytics Symposium
Analytic Transformation | 2013 Loras College Business Analytics SymposiumAnalytic Transformation | 2013 Loras College Business Analytics Symposium
Analytic Transformation | 2013 Loras College Business Analytics Symposium
 
Ii mm.03.10
Ii mm.03.10Ii mm.03.10
Ii mm.03.10
 
Leonard Murphy - Research Industry Transformation: The Shape of Things to Come
Leonard Murphy - Research Industry Transformation: The Shape of Things to ComeLeonard Murphy - Research Industry Transformation: The Shape of Things to Come
Leonard Murphy - Research Industry Transformation: The Shape of Things to Come
 

Recently uploaded

Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperityhemanthkumar470700
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableSeo
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1kcpayne
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...lizamodels9
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangaloreamitlee9823
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 

Recently uploaded (20)

Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 

Must do things for marketing