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marketing information systems |
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people and 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 |
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electronic collections of consumer and market information obtained from data sources within the company network |
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competitive marketing intelligence |
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the systematic collection and analysis of publicly available information about consumers, competitors and developments in the marketing environment |
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the systematic design, collection, analysis, and reporting of data relevant to a specific marketing situation facing an organization |
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marketing research to gather preliminary information that will help define problems and suggest hypothesis |
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marketing research to better describe marketing problems, situations, or markets, such as the market potential for a product or the demographics and attitudes of consumers |
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marketing research to test hypotheses about cause-and-effect relationships |
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information that already exists somewhere, having been collected for another purpose |
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information collected for the specific purpose at hand |
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commercial online databases |
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computerized collections of information available from online commercial sources or via the Internet |
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gathering primary data by observing relevant people, actions, and situations |
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a form of observational research that involves sending trained observers to watch and interactwith consumers in their "natural habitat" |
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gathering primary data by asking people questions about their knowledge, attitudes, preferences, and buying behavior |
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gathering primary data by selecting matched groups of subjects, giving them different treatments, controlling related factors, and checking for difference in group responses |
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personal interviewing that involves inviting six to ten people to gather for a few hours with a trained interviewer to talk about a product, service, or organization. the interviewer "focuses" the group discussion on important issues |
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online marketing research |
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collecting primary data online through Internet surveys, online focus groups, Web-based experiments, or tracking consumers' online behavior |
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gathering a small group of people online with a trained moderator to chat about a product, service, or organization and gain qualitative insights about consumer attitudes and behavior |
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a segment of the population selected for marketing research to represent the population as a whole |
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customer relationship management (CRM) |
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Definition
managing detailed information about individual customers and carefully managing customer "touch points" in order to maximize customer loyalty |
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