Marketing research and information systems
Overview
When we defined marketing in Chapter 1, we noted that our marketing exchanges should satisfy the needs and wants of customers at the same time as satisfying the objectives of our organisation. In Chapter 4 we will give some attention to the buying behaviour of both customers and businesses. However, we don't necessarily know what our customers need or want but instead we need to seek specific information in order to gain that understanding. The marketing research process, which helps us acquire and use new information that we might need about our customers, is one topic of this chapter, together with its companion, the marketing information system.
Topics
The following is the outline of the topics covered in this chapter.
- 3.1 Introduction
- 3.2 The marketing information system (MIS)
- 3.3 Marketing research
- 3.4 The marketing research process
- 3.5 Summary
Learning outcomes
The learning objectives for this chapter have been carefully constructed to reflect the most significant concepts and ideas we are going to cover, and to provide a focus for your work during the chapter. After completing this chapter you should be able to:
- discuss the main components of a marketing information system
- analyse the marketing research process in terms of each of its steps
- outline the five steps in research design
- analyse the advantages and disadvantages of different data collection methods
- distinguish between primary and secondary data.