Principles of Marketing: Session 8 DR Farrah Arif

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Principles of Marketing

Session 8
Dr Farrah Arif

Marketers must use the


information to gain powerful
customer and market insights

marketing information
system (MIS) consists of people and
A

procedures for assessing information needs,


developing the needed information, and
helping decision makers to use the information
to generate and validate actionable customer
and market insights.

MIS
1. Assessing Information Needs
2. Developing needed in formation
3. Analyzing and using information

1. A good marketing information system


balances the information users would like to

have against what they

really need and


what is feasible to offer.

Developing Marketing
Information

Developing Marketing Information


Internal Data

Problems

Marketing Intelligence
Marketing Research
1. Defining the Problem and Research Objectives
2. Developing the Research Plan

Developing Marketing Information


Internal Data

Problems

Marketing Intelligence
Marketing Research
1. Defining the Problem and Research Objectives
2. Developing the Research Plan
3. Implementing the Research Plan
4. Interpreting the Findings and Reporting

Assignments for Odd groups


Take a look at Apples website (www.apple.com). Examine the
pages for the next generation, new iPod. What customer
insights do you believe Apple paid attention to in the redesign
of its famous iPod?
One of the main sources of secondary data in Pakistan is the
Population Census. Take a look at the 2001 Census at
http://www.statpak.gov.pk/depts/pco/publications/publicatio
ns.html. Find data that is relevant to your province/region.
Present it. How reliable or accurate do you believe that
information to be?

Assignments for Even Groups


Construct two simple (5 question) surveys that examine
students attitudes toward your university. One survey
should contain open-ended questions only and the
other only closed-ended questions. Be careful of your
wording. Which of the two surveys do you believe
would provide the greatest depth of information? Why?
Using observational research, gather data on your
siblings eating habits. What do your findings tell you?
More importantly, what do your findings NOT tell you
about his/her eating habits?

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