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MARKETINGMANAGEMENT12thedition4ConductingMarketingResearchandForecastingDemandKotlerKeller1ChapterQue
stions◼Whatconstitutesgoodmarketingresearch?◼Whataregoodmetricsformeasuringmarketingproductivity?◼Howcanmarketersassesstheirreturnon
investmentofmarketingexpenditures?◼Howcancompaniesmoreaccuratelymeasureandforecastdemand?2MarketingResearchDefined
Systematicdesign,collection,analysis,andreportingofdataandfindingsrelevanttoaspecificmarketingsituationfacingacompany.3TypesofMarketingRese
archFirms◼Syndicated◼Custom◼Specialty-line4TheMarketingResearchProcess◼Definetheproblem◼Developthere
searchplan◼Collectinformation◼Analyzeinformation◼Presentfindings◼Makedecision5Step1◼Definetheproblem◼Spec
ifydecisionalternatives◼Stateresearchobjectives6Step2◼Datasources◼Researchapproach◼Researchinstruments◼Samplingplan◼Contactmethods7Rese
archApproaches◼Observation◼Focusgroup◼Survey◼BehavioralData◼Experimentation8ResearchInstruments◼Ques
tionnaires◼QualitativeMeasures◼MechanicalDevices9◼Avoidnegatives◼Avoidhypotheticals◼Avoidwordsthatcouldbemi
sheard◼Useresponsebands◼Usemutuallyexclusivecategories◼Allowfor“other”infixedresponsequestionsQuestionnaireDo’sandDon’
ts◼Ensurequestionsarefreeofbias◼Makequestionssimple◼Makequestionsspecific◼Avoidjargon◼Avoidsophisticatedwords◼Avoidambiguouswords10Ques
tionTypes-DichotomousInarrangingthistrip,didyoucontactAmericanAirlines?YesNo11QuestionTypes–MultipleChoiceWithwhomareyoutravelingonthi
strip?NooneSpouseSpouseandchildrenChildrenonlyBusinessassociates/friends/relativesAnorganizedtourgroup12QuestionTypes–LikertScaleIndicateyo
urlevelofagreementwiththefollowingstatement:Smallairlinesgenerallygivebetterservicethanlargeones.StronglydisagreeDisagreeN
eitheragreenordisagreeAgreeStronglyagree13QuestionTypes–SemanticDifferentialAmericanAirlinesLarge………………………………...…………….SmallExperienced…………………
.………….InexperiencedModern………………………..………….Old-fashioned14QuestionTypes–ImportanceScaleAirlinefoodserviceis_____tome.Extremelyi
mportantVeryimportantSomewhatimportantNotveryimportantNotatallimportant15QuestionTypes–RatingScaleAmericanAirlines’foodservi
ceis_____.ExcellentVerygoodGoodFairPoor16QuestionTypes–IntentiontoBuyScaleHowlikelyareyoutopurchaseticketsonAmericanAirlinesifin-flightInterneta
ccesswereavailable?DefinitelybuyProbablybuyNotsureProbablynotbuyDefinitelynotbuy17QuestionTypes–CompletelyUnstructuredWhatisyouropinionof
AmericanAirlines?18QuestionTypes–WordAssociationWhatisthefirstwordthatcomestoyourmindwhenyouhearthefollowing?Airline________________________Ameri
can_____________________Travel________________________19QuestionTypes–SentenceCompletionWhenIchooseanairline,themos
timportantconsiderationinmydecisionis:______________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________.20
QuestionTypes–StoryCompletion“IflewAmericanafewdaysago.Inoticedthattheexteriorandinterioroftheplanehadverybrightcolors.Thisarousedinmethefol
lowingthoughtsandfeelings.”Nowcompletethestory.____________________________________________________________________________________
______________________________________________________________________________________________________________
______________________________________________21QuestionTypes–Picture(EmptyBalloons)22QualitativeMeasures◼Shadowing◼Behaviormapping◼Consumerjour
ney◼Camerajournals◼Extremeuserinterviews◼Storytelling◼Unfocusedgroups23MechanicalDevices◼Galvanometers◼Tachistoscope◼Eyecameras◼Audiometers◼GPS24S
amplingPlan◼Samplingunit:Whoistobesurveyed?◼Samplesize:Howmanypeopleshouldbesurveyed?◼Samplingprocedure:Ho
wshouldtherespondentsbechosen?25TypesofSamplesProbability◼Simplerandom◼Stratifiedrandom◼ClusterNonprobability◼Convenience◼Judgment◼Quota26Contac
tMethods◼Mailquestionnaire◼Telephoneinterview◼Personalinterview◼Onlineinterview27CharacteristicsofGoodMarketingResearch✓Scientificmet
hod✓Researchcreativity✓Multiplemethods✓Interdependence✓Valueandcostofinformation✓Healthyskepticism✓Ethicalmarketing28Table4.4M
arketingMetrics◼External◼Awareness◼Marketshare◼Relativeprice◼Numberofcomplaints◼Customersatisfaction◼Distribution◼Totalnumb
erofcustomers◼Loyalty◼Internal◼Awarenessofgoals◼Commitmenttogoals◼Activesupport◼Resourceadequacy◼Staffinglevels◼Desiretolearn◼Willingnesstochan
ge◼Freedomtofail◼Autonomy29Table4.5SampleCustomer-PerformanceScorecardMeasures◼%ofnewcustomerstoaverage#◼%oflostcustomerstoaverage#◼%ofwin-b
ackcustomerstoaverage#◼%ofcustomersinvariouslevelsofsatisfaction◼%ofcustomerswhowouldrepurchase◼%oftargetmarketme
mberswithbrandrecall◼%ofcustomerswhosaybrandismostpreferred30ToolstoMeasureMarketingPlanPerformance◼Salesanalysis◼Marketshareanalysis◼Exp
ense-to-SalesAnalysis◼FinancialAnalysis31SalesAnalysis◼Sales-VarianceAnalysis◼Micro-SalesAnalysis32MarketShareAnalys
is◼Overallmarketshare◼Servedmarketshare◼Relativemarketshare33Marketing-ProfitabilityAnalysisStep1:IdentifyingFunctionalExpensesStep2:Assigni
ngFunctionalExpensestoMarketingEntitiesStep3:PreparingaProfit-and-LossStatementforeachMarketingEntity34DistinguishingTypesofCosts◼Dir
ect◼Traceablecommon◼Nontraceablecommon35TheMeasuresofMarketDemand◼Potentialmarket◼Availablemarket◼Targetmarket◼Penetratedmark
et36EstimatingCurrentDemand◼Totalmarketpotential◼AreamarketpotentialMarketbuildupmethodMultiple-factorindexmethod◼Branddevelopmentindex37Esti
matingFutureDemand◼SurveyofBuyers’Intentions◼CompositeofSalesForceOpinions◼ExpertOpinion◼Past-SalesAn
alysis◼Market-TestMethod38PurchaseProbabilityScaleDoyouintendtobuyanautomobilewithinthenext6months?0.00
No0.20Slightpossibility0.40Fairpossibility0.60Goodpossibility0.80Highpossibility1.00Certain39