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Gathering Information and Scanning the Environment Marketing Management, 13 th ed 3

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8/3/2019 Madhu ... Kotler Ppt ..Powerpoint

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Gathering Information and

Scanning the Environment

Marketing Management, 13 th ed 

3

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Chapter Questions

• What are the components of a modernmarketing information system?

• What are useful internal records?

What is involved in a marketing intelligencesystem?

• What are the key methods for tracking andidentifying opportunities in the macro

environment?

• What are some important macro environmentdevelopments?

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What is aMarketing Information System (MIS)?

A marketing information system consists of people, equipment, andprocedures to gather, sort, analyze,

evaluate, and distribute needed, timely,and accurate information tomarketing decision makers.

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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 periodicallyrequest?

• 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 marketinginformation system?

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Internal Records andMarketing Intelligence

• Order-to-payment cycle

• Sales information system

Databases, warehousing, data mining• Marketing intelligence system

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Steps to Improve MarketingIntelligence

• Train sales force to scan for new developments

• Motivate channel members to shareintelligence

• Network externally

• Utilize a customer advisory panel

• Utilize government data sources

• Collect customer feedback online• Purchase information

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 Secondary Commercial Data Sources

• Nielsen

• MRCA

• Information Resources

• SAMI/Burke

• Simmons

• Arbitron

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Sources of Competitive Information

• Independent customer goods and servicereview forums

• Distributor or sales agent feedback sites

• Combination sites offering customer reviewsand expert opinions

• Customer complaint sites

•Public blogs

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Needs and Trends

• Fads

• Trends

Megatrends

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Trends Shaping theBusiness Landscape

• Profound shifts incenters of economicactivity

• Increases in public-sector activity

• Change in consumerlandscape

• Technologicalconnectivity

• Scarcity of well-trainedtalent

• Increase in demand fornatural resources

• Emergence of newglobal industrystructures

• Ubiquitous access toinformation

• Management shiftsfrom art to science

• Increase in scrutiny ofbig business practices

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Environmental Forces

• Demographic

• Economic

Socio-cultural• Natural

• Technological

• Political-legal

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Population and Demographics

• Population growth

• Population age mix

• Ethnic markets

• Educational groups

• Household patterns

• Geographical shifts

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Economic Environment

• Income Distribution

• Savings, Debt, and Credit

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Social-Cultural Environment

• Views of themselves

• Views of others

Views of organizations• Views of society

• Views of nature

• Views of the universe

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Most PopularAmerican Leisure Activities

• Reading

• TV Watching

• Spending time with

family

• Going to movies

• Fishing

• Computer activities

• Gardening

• Renting movies

• Walking

• Exercise

• Listening to music

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Keys to AvoidingGreen Marketing Myopia

• Consumer Value Positioning

• Calibration of Consumer Knowledge

• Credibility of Product Claims

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Technological Environment

• Pace of change

• Opportunities for innovation

Varying R&D budgets• Increased regulation of change