SlideShare a Scribd company logo
1 of 7
Marketing Information System
 Contents
 INTRODUCTION
 MARKETING DECISION SUPPORT SYSTEMS
 CUSTOMER MANAGEMENT SYSTEMS
 PRIVACY AND THE MARKETING INFORMATION
SYSTEM
 CONCLUSION
INTRODUCTION
The Internet is rapidly changing the way business
views marketing information systems.
New business models present challenges and opportunities
as organizations seek to adopt “e-business”
methodologies in the search for competitive advantage.
Organizations of all sizes are feeling the “ripple effect” of
Internet-enabled customers, supply chains and
competitors.
This pressure is particularly acute in the marketing
function where information technology touches
the customer and is increasingly becoming the key
to creating superior customer value.
To survive in highly competitive markets,
companies need to be able to develop the
marketing function and scale it up on “Internet
time” with best-of-class decision support
solutions
for customer relationship management, sales
force
automation, market research, marketing
communications, logistics, and product
development. The purpose of this paper is to
provide an overview of the MkIS as it is evolving
into an Internet-based system.
MARKETING DECISION SUPPORT
SYSTEMS
A. Marketing Decisions
Support System Functions
MDSS Analyses
Marketing decision support systems (MDSS)
constitute a set of core applications of the MkIS.
The MDSS provides computer-based tools,
models, and techniques to support the
marketing
manager’s decision process. In the general case,
MDSS is optimized for queries of historical data.
MDSS data typically are derived from both
internal and external market sources. The MDSS
features inquiry and report generation functions
where the manager can access marketing data,
analyze it statistically, and use the results to
determine an optimal course of action.
1.Market segment analysis: Use of
modeling techniques to identify
segments
and analyze economic trends,
demographics and behavior.
2. Market share analysis:Analyze
trends
and determinants of market share.
3. Competitor analysis:Analysis of
competitors’
market positions, economics customer
base,
and marketing strategies.
CUSTOMER MANAGEMENT
SYSTEMS
Companies need a method for viewing all
customer and marketing-related information in an
integrated way. Often marketing organizations
maintain multiple databases for each business and
marketing activity with data that is not easily
integrated for strategic or operational purposes. A
new generation of software that is Internet based
gathers information from customer service, Web sites, direct mail operations,
telemarketing, field
sales, customer service, distributors, retailers and
suppliers for the purpose of managing marketing,
sales and customer service activities. The major
applications families are commonly referred to as
sales force automation (SFA) and customer
relationship management (CRM) systems. Some
CRM systems are fully integrated with SFA
applications and some are standalone.
PRIVACY AND THE MARKETING
INFORMATION SYSTEM
Privacy in the Internet Age has become a major
concern for customers and marketers alike.
Web Enabled marketing information systems have the potential to collect highly
sensitive and voluminous information on customers, compietitors, suppliers and
channel members.
Protocol (IP) address. Once that occurs the
information gathering begins. The following
infrastructure elements are essential to the
information model of the Internet:
IP Address: A number used to identify a
consumer’s personal computer so that Web
data can be sent. These addresses enable
profiling and ad targeting. IP addresses can
be associated with behavioral and personal
information
CONCLUSION
The rapid adoption of Internet-based technologies
and the attendant development of e-business and
e-commerce applications are having a
revolutionary impact on the marketing discipline.
Marketing information systems, in particular, are
being transformed as these new technologies are
enabling the integration of marketing, sales and
customer service activities.
The primary drivers
of this shift are the promises of delivering
increased value to the customer more rapidly and
at less cost. Future implementations of MkIS will
increasingly involve the customer in the value
creation process and work to more effectively
align the enterprise and its supply chain on rapidly
changing market opportunities

More Related Content

What's hot

Chapter 2 strategic e-marketing and performance metrics
Chapter 2   strategic e-marketing and performance metricsChapter 2   strategic e-marketing and performance metrics
Chapter 2 strategic e-marketing and performance metricsDr. Ankit Kesharwani
 
Role of it in marketing tikeswer naik
Role of it in marketing tikeswer naikRole of it in marketing tikeswer naik
Role of it in marketing tikeswer naikTikeswar Naik
 
Be Like Bezos 2 - The Future Omnichannel Brand Economy
Be Like Bezos 2 - The Future Omnichannel Brand EconomyBe Like Bezos 2 - The Future Omnichannel Brand Economy
Be Like Bezos 2 - The Future Omnichannel Brand EconomyRevel Partners
 
Product information management
Product information managementProduct information management
Product information managementCatsy
 
Integrating Digital Marketing and CRM - #SMDayMIA
Integrating Digital Marketing and CRM - #SMDayMIAIntegrating Digital Marketing and CRM - #SMDayMIA
Integrating Digital Marketing and CRM - #SMDayMIAJesus Hoyos
 
Be Like Bezos - Enterprises Must Invest in Marketing Technology or Risk Extin...
Be Like Bezos - Enterprises Must Invest in Marketing Technology or Risk Extin...Be Like Bezos - Enterprises Must Invest in Marketing Technology or Risk Extin...
Be Like Bezos - Enterprises Must Invest in Marketing Technology or Risk Extin...Revel Partners
 
Marketing automation industry in 2015
Marketing automation industry in 2015Marketing automation industry in 2015
Marketing automation industry in 2015Saleoid
 
Ebit - Buscape- #34 webshoppers english 2016
Ebit - Buscape- #34 webshoppers english 2016Ebit - Buscape- #34 webshoppers english 2016
Ebit - Buscape- #34 webshoppers english 2016Brian Crotty
 
e-Marketing Research
e-Marketing Researche-Marketing Research
e-Marketing ResearchUsman Tariq
 
Increasing Web traffic through Search Engine Marketing
Increasing Web traffic through Search Engine MarketingIncreasing Web traffic through Search Engine Marketing
Increasing Web traffic through Search Engine MarketingDr. Ankit Kesharwani
 
Information technology marketing
Information technology marketingInformation technology marketing
Information technology marketinganas1119
 
The CRM Eco-System
The CRM Eco-SystemThe CRM Eco-System
The CRM Eco-SystemAnne Sigman
 
How Technology Influences Marketing
How Technology Influences MarketingHow Technology Influences Marketing
How Technology Influences MarketingAnnusha Sarah
 
Trends and Benefits of Implementing E-Commerce for B2B Companies
Trends and Benefits of Implementing  E-Commerce for B2B Companies Trends and Benefits of Implementing  E-Commerce for B2B Companies
Trends and Benefits of Implementing E-Commerce for B2B Companies Ashish Saxena
 
Sales in the New Buying Environment
Sales in the New Buying EnvironmentSales in the New Buying Environment
Sales in the New Buying EnvironmentmyDocket
 

What's hot (20)

Chapter 2 strategic e-marketing and performance metrics
Chapter 2   strategic e-marketing and performance metricsChapter 2   strategic e-marketing and performance metrics
Chapter 2 strategic e-marketing and performance metrics
 
E Marketing Ch2 Emktg Strat
E Marketing Ch2 Emktg StratE Marketing Ch2 Emktg Strat
E Marketing Ch2 Emktg Strat
 
Itm assgnmnt
Itm assgnmntItm assgnmnt
Itm assgnmnt
 
Role of it in marketing tikeswer naik
Role of it in marketing tikeswer naikRole of it in marketing tikeswer naik
Role of it in marketing tikeswer naik
 
Be Like Bezos 2 - The Future Omnichannel Brand Economy
Be Like Bezos 2 - The Future Omnichannel Brand EconomyBe Like Bezos 2 - The Future Omnichannel Brand Economy
Be Like Bezos 2 - The Future Omnichannel Brand Economy
 
Product information management
Product information managementProduct information management
Product information management
 
Integrating Digital Marketing and CRM - #SMDayMIA
Integrating Digital Marketing and CRM - #SMDayMIAIntegrating Digital Marketing and CRM - #SMDayMIA
Integrating Digital Marketing and CRM - #SMDayMIA
 
Be Like Bezos - Enterprises Must Invest in Marketing Technology or Risk Extin...
Be Like Bezos - Enterprises Must Invest in Marketing Technology or Risk Extin...Be Like Bezos - Enterprises Must Invest in Marketing Technology or Risk Extin...
Be Like Bezos - Enterprises Must Invest in Marketing Technology or Risk Extin...
 
Marketing automation industry in 2015
Marketing automation industry in 2015Marketing automation industry in 2015
Marketing automation industry in 2015
 
Ebit - Buscape- #34 webshoppers english 2016
Ebit - Buscape- #34 webshoppers english 2016Ebit - Buscape- #34 webshoppers english 2016
Ebit - Buscape- #34 webshoppers english 2016
 
E-marketing Mix
E-marketing MixE-marketing Mix
E-marketing Mix
 
Marketing 2012
Marketing 2012Marketing 2012
Marketing 2012
 
e-Marketing Research
e-Marketing Researche-Marketing Research
e-Marketing Research
 
Increasing Web traffic through Search Engine Marketing
Increasing Web traffic through Search Engine MarketingIncreasing Web traffic through Search Engine Marketing
Increasing Web traffic through Search Engine Marketing
 
Information technology marketing
Information technology marketingInformation technology marketing
Information technology marketing
 
The CRM Eco-System
The CRM Eco-SystemThe CRM Eco-System
The CRM Eco-System
 
How Technology Influences Marketing
How Technology Influences MarketingHow Technology Influences Marketing
How Technology Influences Marketing
 
Trends and Benefits of Implementing E-Commerce for B2B Companies
Trends and Benefits of Implementing  E-Commerce for B2B Companies Trends and Benefits of Implementing  E-Commerce for B2B Companies
Trends and Benefits of Implementing E-Commerce for B2B Companies
 
Sales in the New Buying Environment
Sales in the New Buying EnvironmentSales in the New Buying Environment
Sales in the New Buying Environment
 
Comscore
ComscoreComscore
Comscore
 

Similar to Marketing Information Systems Guide

Crmdataperspective
CrmdataperspectiveCrmdataperspective
CrmdataperspectiveJamal Pasha
 
Automated marketing tools
Automated marketing toolsAutomated marketing tools
Automated marketing toolsBrad Tornberg
 
тема 4
тема 4тема 4
тема 4olenyxa
 
тема 4
тема 4тема 4
тема 4olenyxa
 
Group 1 Presentation after mid.pptx
Group 1 Presentation after mid.pptxGroup 1 Presentation after mid.pptx
Group 1 Presentation after mid.pptxSarahSriKurniasih
 
B2B Marketing Automation How-To Guide
B2B Marketing Automation How-To GuideB2B Marketing Automation How-To Guide
B2B Marketing Automation How-To GuideDemand Metric
 
infigraph_digitalanalytic_v1.0
infigraph_digitalanalytic_v1.0infigraph_digitalanalytic_v1.0
infigraph_digitalanalytic_v1.0Tjikal Jedy
 
Customer Relationship Management unit 5 trends in crm
Customer Relationship Management unit 5 trends in crmCustomer Relationship Management unit 5 trends in crm
Customer Relationship Management unit 5 trends in crmGanesha Pandian
 
Information Technology and Marketing
Information Technology and MarketingInformation Technology and Marketing
Information Technology and MarketingJames Barber
 
How To Be A Great Manager
How To Be A Great ManagerHow To Be A Great Manager
How To Be A Great Managerkktv
 
Ibm 1901 2019_marktr
Ibm 1901 2019_marktrIbm 1901 2019_marktr
Ibm 1901 2019_marktrEvoLife.bg
 
The Enterprise Marketing Management Strategy Guide
The Enterprise Marketing Management Strategy GuideThe Enterprise Marketing Management Strategy Guide
The Enterprise Marketing Management Strategy GuideSaepio Technologies
 

Similar to Marketing Information Systems Guide (20)

Scm and crm
Scm and crmScm and crm
Scm and crm
 
Crmdataperspective
CrmdataperspectiveCrmdataperspective
Crmdataperspective
 
Automated marketing tools
Automated marketing toolsAutomated marketing tools
Automated marketing tools
 
Chapter Iv Crm
Chapter Iv CrmChapter Iv Crm
Chapter Iv Crm
 
тема 4
тема 4тема 4
тема 4
 
тема 4
тема 4тема 4
тема 4
 
Group 1 Presentation after mid.pptx
Group 1 Presentation after mid.pptxGroup 1 Presentation after mid.pptx
Group 1 Presentation after mid.pptx
 
B2B Marketing Automation How-To Guide
B2B Marketing Automation How-To GuideB2B Marketing Automation How-To Guide
B2B Marketing Automation How-To Guide
 
infigraph_digitalanalytic_v1.0
infigraph_digitalanalytic_v1.0infigraph_digitalanalytic_v1.0
infigraph_digitalanalytic_v1.0
 
Best Martech Solutions and Service Company in USA.
Best Martech Solutions and Service Company in USA.Best Martech Solutions and Service Company in USA.
Best Martech Solutions and Service Company in USA.
 
Customer Relationship Management unit 5 trends in crm
Customer Relationship Management unit 5 trends in crmCustomer Relationship Management unit 5 trends in crm
Customer Relationship Management unit 5 trends in crm
 
MTech14: Creating A Marketing Technology Strategy - Scott Brinker
MTech14: Creating A Marketing Technology Strategy - Scott BrinkerMTech14: Creating A Marketing Technology Strategy - Scott Brinker
MTech14: Creating A Marketing Technology Strategy - Scott Brinker
 
Internet marketing
Internet marketingInternet marketing
Internet marketing
 
Information Technology and Marketing
Information Technology and MarketingInformation Technology and Marketing
Information Technology and Marketing
 
How To Be A Great Manager
How To Be A Great ManagerHow To Be A Great Manager
How To Be A Great Manager
 
Ibm 1901 2019_marktr
Ibm 1901 2019_marktrIbm 1901 2019_marktr
Ibm 1901 2019_marktr
 
E-Commerce
E-CommerceE-Commerce
E-Commerce
 
E-Commerce
E-CommerceE-Commerce
E-Commerce
 
The Enterprise Marketing Management Strategy Guide
The Enterprise Marketing Management Strategy GuideThe Enterprise Marketing Management Strategy Guide
The Enterprise Marketing Management Strategy Guide
 
Erp and crm
Erp and crmErp and crm
Erp and crm
 

Recently uploaded

2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)Jomer Gregorio
 
9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking Men9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking MenSapana Sha
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guidekiva6
 
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...ChesterYang6
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationAli Raza
 
Cost-effective tactics for navigating CPC surges
Cost-effective tactics for navigating CPC surgesCost-effective tactics for navigating CPC surges
Cost-effective tactics for navigating CPC surgesPushON Ltd
 
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptxBrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptxcollette15
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa
 
Omnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel MarketingOmnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel MarketingDove Soft Ltd
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDemandbase
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptxMasterPhil1
 
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一s SS
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfasiyahanif9977
 
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdfHow To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdfSOFTTECHHUB
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AIRinky
 
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024Richard Ingilby
 
The Impact of Digital Technologies
The Impact of Digital Technologies The Impact of Digital Technologies
The Impact of Digital Technologies bruguardarib
 
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing StrategyDIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing StrategySouvikRay24
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceSapana Sha
 

Recently uploaded (20)

2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)
 
9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking Men9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking Men
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guide
 
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store Optimization
 
Cost-effective tactics for navigating CPC surges
Cost-effective tactics for navigating CPC surgesCost-effective tactics for navigating CPC surges
Cost-effective tactics for navigating CPC surges
 
BUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAIL
BUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAILBUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAIL
BUY GMAIL ACCOUNTS PVA USA IP INDIAN IP GMAIL
 
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptxBrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdf
 
Omnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel MarketingOmnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel Marketing
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptx
 
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
 
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdfHow To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AI
 
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
 
The Impact of Digital Technologies
The Impact of Digital Technologies The Impact of Digital Technologies
The Impact of Digital Technologies
 
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing StrategyDIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
DIGITAL MARKETING COURSE IN BTM -Influencer Marketing Strategy
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts Service
 

Marketing Information Systems Guide

  • 1. Marketing Information System  Contents  INTRODUCTION  MARKETING DECISION SUPPORT SYSTEMS  CUSTOMER MANAGEMENT SYSTEMS  PRIVACY AND THE MARKETING INFORMATION SYSTEM  CONCLUSION
  • 2. INTRODUCTION The Internet is rapidly changing the way business views marketing information systems. New business models present challenges and opportunities as organizations seek to adopt “e-business” methodologies in the search for competitive advantage. Organizations of all sizes are feeling the “ripple effect” of Internet-enabled customers, supply chains and competitors. This pressure is particularly acute in the marketing function where information technology touches the customer and is increasingly becoming the key to creating superior customer value.
  • 3. To survive in highly competitive markets, companies need to be able to develop the marketing function and scale it up on “Internet time” with best-of-class decision support solutions for customer relationship management, sales force automation, market research, marketing communications, logistics, and product development. The purpose of this paper is to provide an overview of the MkIS as it is evolving into an Internet-based system.
  • 4. MARKETING DECISION SUPPORT SYSTEMS A. Marketing Decisions Support System Functions MDSS Analyses Marketing decision support systems (MDSS) constitute a set of core applications of the MkIS. The MDSS provides computer-based tools, models, and techniques to support the marketing manager’s decision process. In the general case, MDSS is optimized for queries of historical data. MDSS data typically are derived from both internal and external market sources. The MDSS features inquiry and report generation functions where the manager can access marketing data, analyze it statistically, and use the results to determine an optimal course of action. 1.Market segment analysis: Use of modeling techniques to identify segments and analyze economic trends, demographics and behavior. 2. Market share analysis:Analyze trends and determinants of market share. 3. Competitor analysis:Analysis of competitors’ market positions, economics customer base, and marketing strategies.
  • 5. CUSTOMER MANAGEMENT SYSTEMS Companies need a method for viewing all customer and marketing-related information in an integrated way. Often marketing organizations maintain multiple databases for each business and marketing activity with data that is not easily integrated for strategic or operational purposes. A new generation of software that is Internet based gathers information from customer service, Web sites, direct mail operations, telemarketing, field sales, customer service, distributors, retailers and suppliers for the purpose of managing marketing, sales and customer service activities. The major applications families are commonly referred to as sales force automation (SFA) and customer relationship management (CRM) systems. Some CRM systems are fully integrated with SFA applications and some are standalone.
  • 6. PRIVACY AND THE MARKETING INFORMATION SYSTEM Privacy in the Internet Age has become a major concern for customers and marketers alike. Web Enabled marketing information systems have the potential to collect highly sensitive and voluminous information on customers, compietitors, suppliers and channel members. Protocol (IP) address. Once that occurs the information gathering begins. The following infrastructure elements are essential to the information model of the Internet: IP Address: A number used to identify a consumer’s personal computer so that Web data can be sent. These addresses enable profiling and ad targeting. IP addresses can be associated with behavioral and personal information
  • 7. CONCLUSION The rapid adoption of Internet-based technologies and the attendant development of e-business and e-commerce applications are having a revolutionary impact on the marketing discipline. Marketing information systems, in particular, are being transformed as these new technologies are enabling the integration of marketing, sales and customer service activities. The primary drivers of this shift are the promises of delivering increased value to the customer more rapidly and at less cost. Future implementations of MkIS will increasingly involve the customer in the value creation process and work to more effectively align the enterprise and its supply chain on rapidly changing market opportunities