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Principles of Marketing
Chapter 4
18
Marketing
Undergraduate 3
02/09/2008

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Cards

Term
Causal research 103
Definition
Marketing research to test hypotheses about cause-and-effect relationships.
Term
Customer relationship management (CRM) 113
Definition
Managing detailed information about individual customers and carefully managing customer "touch points" in order to maximize customer loyalty.
Term
Descriptive research 103
Definition
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.
Term
Experimental research 107
Definition
The gathering of primary data by selecting matched groups of subjects, giving them different treatments, controlling related factors, and checking for differences in group responses.
Term
Exploratory research 103
Definition
Marketing research to gather preliminary information that will help define problems and suggest hypotheses.
Term
Focus group interviewing 108
Definition
Personal interviewing that involves inviting 6 to 10 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.
Term
Internal databases 99
Definition
Electronic collections of consumer and market information obtained from data sources within the company network.
Term
Marketing information system (MIS) 97
Definition
People, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to marketing decision makers.
Term
Marketing intelligence 99
Definition
The systematic collection and analysis of publicly available information about competitors and developments in the marketing environment.
Term
Marketing research 102
Definition
The systematic design, collection, analysis, and reporting of data relevant to a specific marketing situation facing an organization.
Term
Observational research 106
Definition
The gathering of primary data by observing relevant people, actions, and situations.
Term
Online databases 105
Definition
Computerized collections of information available from online commercial sources or via the Internet.
Term
Online (Internet) marketing research 109
Definition
Collecting primary data through Internet surveys and online focus groups.
Term
Primary data 103
Definition
Information collected for the specific purpose at hand.
Term
Sample 110
Definition
A segment of the population selected for marketing research to represent the population as a whole.
Term
Secondary data 103
Definition
Information that already exists somewhere, having been collected for another purpose.
Term
Single-source data systems 107
Definition
Electronic monitoring systems that link consumers' exposure to television advertising and promotion (measured using television meters) with what they buy in stores (measured using store checkout scanners).
Term
Survey research 107
Definition
The gathering of primary data by asking people questions about their knowledge, attitudes, preferences, and buying behavior.
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