This document outlines the role of marketing research in decision making. It discusses how marketing research helps assess information needs, provide information to marketing managers, and aid in marketing decision making. Key aspects covered include customer groups, controllable and uncontrollable environmental factors, and how research informs areas like market segmentation, target market selection, and marketing program performance and control.
This document outlines the role of marketing research in decision making. It discusses how marketing research helps assess information needs, provide information to marketing managers, and aid in marketing decision making. Key aspects covered include customer groups, controllable and uncontrollable environmental factors, and how research informs areas like market segmentation, target market selection, and marketing program performance and control.
This document outlines the role of marketing research in decision making. It discusses how marketing research helps assess information needs, provide information to marketing managers, and aid in marketing decision making. Key aspects covered include customer groups, controllable and uncontrollable environmental factors, and how research informs areas like market segmentation, target market selection, and marketing program performance and control.
The Role of Marketing Research in Decision Making CUSTOMER GROUPS -Consumers -Employees -shareholders -Suppliers Uncontrollable Controllable Environmental Marketing Factors Variables MARKETING RESEARCH - Economy -Product - -Technology -Pricing - -Competition -Promotion Assessing Providing Marketing -Law and -Distribution Informatio Informatio Decision Regulations n Needs n Making - Social and cultural Factors Marketing Managers - -Political factors. -market segmentation -target market selection Marketing Programs - Performance and Control Thank You