Insightful marketing decisions comes from Collecting Information & Forecasting Demand - Chapter 3 of Marketing Management by Philip Kotler and Kevin Lane Keller
Conducting Marketing Research
What is Marketing Research?
Types of Marketing Research Firms
The Marketing Research Process
Marketing Research Process
Characteristics of Good Marketing Research
What is Marketing-Mix Modeling?
Marketing Dashboards
Chapter 2 Developing Marketing Strategies and PlansNishant Agrawal
Developing Marketing Strategies and Plans
Value Delivery Process
What is the Value Chain?
Core Business Processes
Core Competencies
What is Holistic Marketing?
Levels of a Marketing Plan
Corporate Headquarters Planning Activities
Analyzing Business Markets
What is Organizational Buying?
Top Business Marketing Challenges
Characteristics of Business Markets
Buying Situation
Participants in Business Buying ProcessThe Buying Center
Supplier SearchForms of Electronic Marketplaces
Methods for Researching Customer Value
Establishing Corporate Trust and Credibility
Factors Affecting Buyer-Supplier Relationships
What is Opportunism?
Conducting Marketing Research
What is Marketing Research?
Types of Marketing Research Firms
The Marketing Research Process
Marketing Research Process
Characteristics of Good Marketing Research
What is Marketing-Mix Modeling?
Marketing Dashboards
Chapter 2 Developing Marketing Strategies and PlansNishant Agrawal
Developing Marketing Strategies and Plans
Value Delivery Process
What is the Value Chain?
Core Business Processes
Core Competencies
What is Holistic Marketing?
Levels of a Marketing Plan
Corporate Headquarters Planning Activities
Analyzing Business Markets
What is Organizational Buying?
Top Business Marketing Challenges
Characteristics of Business Markets
Buying Situation
Participants in Business Buying ProcessThe Buying Center
Supplier SearchForms of Electronic Marketplaces
Methods for Researching Customer Value
Establishing Corporate Trust and Credibility
Factors Affecting Buyer-Supplier Relationships
What is Opportunism?
Identifying Market Segments and Targets
Effective Targeting Requires
Four levels of Micromarketing
What is a Market Segment?
Flexible Marketing Offerings
Preference Segments
Segmenting Consumer Markets
Behavioral Segmentation
The Brand Funnel Illustrates Variations in the Buyer-Readiness Stage
Loyalty Status
Segmenting for Business Markets
Steps in Segmentation Process
Effective Segmentation Criteria
Chapter 3 Gathering Information and Scanning the EnvironmentNishant Agrawal
Gathering Information and Scanning the Environment
Marketing Information System
Internal Records
Marketing Intelligence
Secondary Commercial Data Sources
Collecting Marketing Intelligence on internet
Analyzing the Microenvironment Needs and Trends
Economic Environment
1This is a sample lecture on Marketing, Chapter 1 from the texbook Kotler, P. & Armstrong, G. (2012). Principles of Marketing. New Jersey: Prentice-Hall.
This sample lecture was prepared for Ashford Unversity, 2011.Upon completion of this lecture, a certificate of completion is available from Alpha & Omega Healthcare Management Consulting. For the certificate, please contact tripthimathew@alphanomega.info or DrMathewTM@gmail.com
Identifying Market Segments and Targets
Effective Targeting Requires
Four levels of Micromarketing
What is a Market Segment?
Flexible Marketing Offerings
Preference Segments
Segmenting Consumer Markets
Behavioral Segmentation
The Brand Funnel Illustrates Variations in the Buyer-Readiness Stage
Loyalty Status
Segmenting for Business Markets
Steps in Segmentation Process
Effective Segmentation Criteria
Chapter 3 Gathering Information and Scanning the EnvironmentNishant Agrawal
Gathering Information and Scanning the Environment
Marketing Information System
Internal Records
Marketing Intelligence
Secondary Commercial Data Sources
Collecting Marketing Intelligence on internet
Analyzing the Microenvironment Needs and Trends
Economic Environment
1This is a sample lecture on Marketing, Chapter 1 from the texbook Kotler, P. & Armstrong, G. (2012). Principles of Marketing. New Jersey: Prentice-Hall.
This sample lecture was prepared for Ashford Unversity, 2011.Upon completion of this lecture, a certificate of completion is available from Alpha & Omega Healthcare Management Consulting. For the certificate, please contact tripthimathew@alphanomega.info or DrMathewTM@gmail.com
The Global Cybersecurity Market Size Was Valued at USD 133.13 Billion In 2021, And Is Projected to Reach USD 254.20 Billion By 2028, Growing at A CAGR of 9.68% From 2022 To 2028.
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See latest version (11/19/14) at http://www.slideshare.net/markgirc/ahwatukee-co-c-market-research-for-entrepreneurs-mg-irc-presentation-111914
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Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
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This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
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The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
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The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
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2. 1) What are the components of a modern
marketing information system?
2) What are useful internal records?
3) What makes up a marketing intelligence
system?
4) What are some influential macro environment
developments?
5) How can companies accurately measure and
forecast demand?
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Chapter Questions:
3. Collecting Information &
Forecasting Demand constitutes…
1) Understanding the components of marketing
information system.
2) Useful internal records.
3) Sources of marketing intelligence system.
4) Factors affecting macro environment
development.
5) Accurately measure and forecast demand.
Outline:
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4. Marketing Information System is
important for Decision makers
needed, timely, and accurate
information to marketing
decision makers.
consisting of people,
equipment, and procedures to
gather, sort, analyze,
evaluate, and distribute
1) Understanding the components of marketing information system.
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5. Accurate & timely information
that consists MIS
… results data
2.) Intelligence System
3.) Marketing research
1.) Internal Records
… happenings data
1) Understanding the components of marketing information system.
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6. Getting results data from
Internal Records
Managers rely on these records to spot
important opportunities & potential problems;
1) Orders , 2) Sales,
3)Prices, 4) Costs,
5) Inventory levels,
6) Receivables,
7) Payables
1) Understanding the components of marketing information system.
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7. Useful Internal Records
1) Order-to-payment cycle
2) Useful internal records.
3) Databases, warehousing, data mining
2) Sales Information system
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8. Cycle of Order-to-Payment
The heart of internal record system
2) Useful internal records?
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9. Effectivity of Sales
Information System
Timely and Accurate
reports on Current sales
2) Useful internal records.
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10. Efficient use of Databases,
Warehousing, Data Mining
1) Pertinent information about the
customer, product & salesperson
2) Focused activity based on the
information
2) Useful internal records.
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11. Marketing Intelligence
made available from…
1) Publications
2) Networking
3) Personal interactions
4) Observations
5) Internet
3) Sources of marketing intelligence system?
https://www.linkedin.com/in/roycadongonan
13. Population is the main
factor to Demographic
Environment
1) Worldwide population growth
2) Population Age Mix
3) Ethnic & other markets
4) Educational groups
5) Household patterns
4) Factors affecting macro environment development
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14. Economic conditions moves
Economic Environment
1) Consumer psychology
2) Income distribution
3) Income, savings, debt & credit
4) Factors affecting macro environment development
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15. Changes in values shakes
Sociocultural Environment
1) High persistence of Core Cultural Values
2) Existence of Subcultures
4) Factors affecting macro environment development
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16. Going Green:
Natural Environment
1) Public actions to reduce pollution
2) Corporate environmentalism
4) Factors affecting macro environment development
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17. Fast changing Technology
Environment
1) Accelerating pace of change
2) Unlimited opportunities for innovation
3) Varying R&D budgets
4) Increased regulation of technological change
4) Factors affecting macro environment development
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18. Unstable Political-Legal
Environment
1) Increase in business legislation
2) Growth of special interest group
4) Factors affecting macro environment development
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19. Importance of Forecasting
Demand measurement …
1) Finance need to raise cash for
investment
2) Manufacturing to establish capacity
3) Purchasing to acquire supplies
4) HR to hire labor
5) Accurately measure and forecast demand
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20. Demands can be estimated
thru time…
1) Current demand
2) Future demand
5) Accurately measure and forecast demand
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21. Current Demand : Here and Now
1) Total Market Potential (Chain ratio method)
2) Area Market Potential (Market build up
method & Multiple-Factor index method)
3) Industry Sales & Market Share
5) Accurately measure and forecast demand
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22. Future Demand : What’s Next?
1) Survey of Buyer’s Intention (Purchase probability
scale)
2) Composite of Sales Force Opinion
3) Expert Opinion
4) Past-Sales Analysis Market Test Method
5) Accurately measure and forecast demand
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23. Estimate total market potential
by Chain Ratio Method
My Wife – Make Up Artist Market Potential
Demand for MUA
X
16yrs & above female pop. in Carmona
X
Percentage discretionary income spent for MU
X
Percentage of client searching online
5) Accurately measure and forecast demand
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24. Knowing your customer to
build-up your Market
Identifying all the potential buyers and estimating
their potential purchases.
Philippine Standard Industrial Classification (PSIC)
patterned after the UN International Standard
Industrial Classification (ISIC)
5) Accurately measure and forecast demand
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26. Future Demand is
probability of re-purchase
Purchase Probability
Method uses survey to
inquire consumer’s
future personal
preferences
5) Accurately measure and forecast demand
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27. Collecting Information &
Forecasting Demand constitutes…
1) Understanding the components of marketing
information system.
Outline:
a) Internal Records
b) Intelligence System
c) Marketing Research
https://www.linkedin.com/in/roycadongonan
28. 2) Useful internal records
a) Order-Payment Cycle
b) Sales Information System
c) Database, Warehousing, Data Mining
Collecting Information &
Forecasting Demand constitutes…
Outline:
https://www.linkedin.com/in/roycadongonan
29. 3) Sources of marketing intelligence system.
a) Publications
b) Networking
c) Internet
d) Observations
e) Personal interactions
Collecting Information &
Forecasting Demand constitutes…
Outline:
https://www.linkedin.com/in/roycadongonan
30. 4) Factors affecting macro environment
development.
a) Demographic
b) Economic
c) Sociocultural
d) Environmental
e) Technology
f) Political-Legal
Collecting Information &
Forecasting Demand constitutes…
Outline:
https://www.linkedin.com/in/roycadongonan
31. 5) Accurately measure and forecast demand.
a) Chain ratio method
b) Market build up method
c) Multiple-Factor index
d) Purchase probability
scale
Collecting Information &
Forecasting Demand constitutes…
Outline:
https://www.linkedin.com/in/roycadongonan