You are on page 1of 18

3

Gathering Information and


Scanning the Environment

Marketing Management, 13th ed


Chapter Questions
• What are the components of a modern
marketing information system?
• What are useful internal records?
• What is involved in a marketing intelligence
system?
• What are the key methods for tracking and
identifying opportunities in the macro
environment?
• What are some important macro environment
developments?
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-2
What is a
Marketing Information System (MIS)?
A marketing information system
consists of people, equipment, and
procedures to gather, sort, analyze,
evaluate, and distribute needed, timely,
and accurate information to
marketing decision makers.

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-3


Table 3.1 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 periodically
request?
• 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 marketing
information system?
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-4
Internal Records and
Marketing Intelligence
• Order-to-payment cycle
• Sales information system
• Databases, warehousing, data mining
• Marketing intelligence system

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-5


Steps to Improve Marketing
Intelligence
• Train sales force to scan for new developments
• Motivate channel members to share
intelligence
• Network externally
• Utilize a customer advisory panel
• Utilize government data sources
• Collect customer feedback online
• Purchase information

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-6


Table 3.2
Secondary Commercial Data Sources
• Nielsen
• Information Resources
• SAMI/Burke
• Simmons
• Arbitron

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-7


Sources of Competitive Information

• Independent customer goods and service


review forums
• Distributor or sales agent feedback sites
• Combination sites offering customer reviews
and expert opinions
• Customer complaint sites
• Public blogs

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-8


Needs and Trends

• Fads
• a short-term event
• Trend
• Has the potential for long-term influence on a
market
• Megatrends
• A megatrend is a large, social, economic, political,
environmental or technological change that is
slow to form

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-9


Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-10
Trends Shaping the
Business Landscape
• Profound shifts in • Increase in demand for
centers of economic natural resources
activity • Emergence of new
• Increases in public- global industry
sector activity structures
• Change in consumer • Ubiquitous access to
landscape information
• Technological • Management shifts
connectivity from art to science
• Scarcity of well-trained • Increase in scrutiny of
talent big business practices

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-11


Environmental Forces

• Demographic
• Economic
• Socio-cultural
• Natural
• Technological
• Political-legal

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-12


Population and Demographics

• Population growth • Educational groups


• Population age mix • Household patterns
• Ethnic markets • Geographical shifts

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-13


Economic Environment

• Income Distribution
• Savings, Debt, and Credit

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-14


Social-Cultural Environment

• Views of themselves
• Views of others
• Views of organizations
• Views of society
• Views of nature
• Views of the universe

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-15


Discussion
What are the most popular
Malaysian Leisure Activities?

1. 7.
2. 8.
3. 9.
4. 10.
5. 11.
6. 12.

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-16


Natural Environment

• Shortage of raw materials


• Increased energy costs
• Anti-pollution pressures
• Governmental protections

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-17


Technological Environment

• Pace of change
• Opportunities for innovation
• Varying R&D budgets
• Increased regulation of change

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 3-18

You might also like