StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Marketing Information System - Essay Example

Cite this document
Summary
Research a traditional company that uses a good Marketing Information System to gather data. Describe how they gather information, the type of information gathered, and how that information helps the company market its products.
For all the Internet's promise as the consummate commercial marketing vehicle many companies are skeptical of their ability to accurately judge the return on their cyberspace investment…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.9% of users find it useful
Marketing Information System
Read Text Preview

Extract of sample "Marketing Information System"

Download file to see previous pages

The technological opportunities are obviously highly appealing for Marketers to explore and use extensively and intensively. Technology has no inherent morality and the way in which it is utilized is what really matters. In this matter, both the deontological as well as the utilitarian view of ethics (Bergman, 1997) apply. Drawing coop concentration to the ethical facet of the use of web-based technologies in the area of marketing might comprise of differentiating force for proactive firms. Some aspects of information gathered are visible (such as self-divulgence of information for purchase, self-divulgence of information in accessing a web-site, self-divulgence of information for free merchandise) and some are less visible (such as anonymous profile data, IP, cookies).

Owing to these possible uses and abuses of information, many consumers remain hesitant about Internet purchasing. The development of software allowing "private Internet experience" and "completely undetected surfing" is an indication of consumer concern regarding the invasion of privacy. There is room for the development of competitive advantage. The Issue of Marketing Tools Advertising is an important marketing tool on the Internet with a range of possibilities for customer interactivity and involvement (Ranchhod, 1998).

Banner advertising has been an important tool for many Internet based advertisements with much research dedicated to its design elements. At the same time, marketing professionals try to comprehend how individuals surf through websites and consequently attempt to increase the CTR (click-through ratio). In this regard, researchers as well as practitioners attempt to recognize key variables like type and size of ad banners, animation, use of color, sounds, images, incentives, etc. Certain practices can be monitored and are endorsed as efficient ones like pop-ups, deceiving banners (computer-like messages, with "ok" button).

Parallel to Internet advertising, the development of e-mail marketing and Spam are features of aggressive e marketing. However, there is still a long way to go before many companies put in place the best and most effective approaches to conduct an exceptional email marketing campaign.Companies already have the creativity, the magnificent deals on offer and the colourful landscapes of dreamy holidays to mention a few, but what marketers don't know is that sometimes this creativity can actually get in the way, preventing emails from making it into the inbox.

If this is the case, what good does a top-notch creative campaign do if the email is never opened. Although marketers are often from a creative background, one cannot ignore the vital impact of analysis. The information convened from campaigns, such as click through rates and churn rates, is definatele key to gain the discernment about customer's likes and dislikes, and provides the preliminaries to make future campaigns more effective and pertinent. This lead to the conclusion that the emails that companies send are delivered and contain valuable information for customers.

By targeting messages more closely and handling customer data more efficiently and effectively, not only will the possibility of fabricating a sale increase, but the overall costs can be cut, databases cleaned and a greater

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Marketing Information System Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Marketing Information System Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/miscellaneous/1515260-marketing-information-system
(Marketing Information System Essay Example | Topics and Well Written Essays - 750 Words)
Marketing Information System Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/miscellaneous/1515260-marketing-information-system.
“Marketing Information System Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/miscellaneous/1515260-marketing-information-system.
  • Cited: 0 times

CHECK THESE SAMPLES OF Marketing Information System

International Expansion of Burger King into France

The author of the present case study "International Expansion of Burger King into France" puts forward information for making a decision on new structured implantation of Burger King in France.... The PESTLEmodel allows us to more rapidly adapt to the realities of this market....
9 Pages (2250 words) Case Study

Marketing and Information System

hellip; According to Kotler (123), a modern Marketing Information System “consists of people, equipment, and procedures to gather, sort, analyze, and distribute needed timely, and accurate, information to marketing decision makers.... rdquo; This paper will propose a Marketing Information System which is appropriate to Dell, Incorporated (Dell).... According to Kotler (123), a modern Marketing Information System “consists of people, equipment, and procedures to gather, sort, analyze, and distribute needed timely, and accurate, information to marketing decision makers....
1 Pages (250 words) Essay

Define the marketing information system

The P & G has been conducting its business successfully all over the globe and they have a simple Marketing Information System that keeps a track of the customer purchases as they have all the records of the customer purchases that have been made of their products.... Here comes the factor technology as it provides a simple information system that has the ability to store data about the customer, which eventually helps the manager in analyzing different customer and then making sure they are satisfied....
2 Pages (500 words) Essay

The Marketing Information System

Marketing Information System is created to provide back up when the need to come up with significant marketing decisions (Kotler, Keller, & Lane, 2006, p.... (2006) Marketing Information System represents individuals, tools and processes that collect, classify, analyze, examine and dispense required, suitable and right information to the marketing administrators.... This paper is systematically structured whereby the main methods to develop marketing information are first introduced....
6 Pages (1500 words) Essay

Marketing Information System

The components of a Marketing Information System such as marketing research, internal records and marketing intelligence are most crucial when trying to obtain information on marketing (Esad, 2013 p.... This paper stands to examine the role marketing information Systems play in assisting managers with their marketing endeavors.... Any decisions on marketing would not hold water if market information is in absentia.... On a general outlook, any decisions on marketing are influenced by both internal and external… The decision maker in this case, therefore, has to equip themselves with ample information on these factors so as to plan ahead comfortably as well as to establish the consequence these factors may inflict on the internal activities of the organization as well as its market....
4 Pages (1000 words) Essay

Availability of MIS in Markstrat

MIS or Marketing Information System is a strategic approach which is utilized to analyze current market scenario and predict outcomes.... There are four interfaces which are highlighted by Marketing Information System.... It can be stated that Marketing Information System serves as an integration tool.... Real world information is integrated with real time application through Marketing Information System.... These interfaces are application software, user interface, system support and database marketing....
5 Pages (1250 words) Essay

The Role of Marketing Principles in Business Success

The marketing requirements are different in organizations even today but the models supported by world-class marketing information Systems provide a platform for common methodology in terms of collection of data, processing of data and analysis of data.... Well, this thought slightly differs today as the modern marketing styles are generalized in the form of an IT-enabled system whereby the Marketing is more of a collaborative approach based on real-world data and On-Line analytically processed reports which ensure a down to earth approach....
11 Pages (2750 words) Literature review

Managing Marketing Information

This work called "Managing Marketing Information" describes the role of the Marketing Information System.... The paper would discuss the Marketing Information System and its orientations (Dhillon and Backhouse, 2000).... The Marketing Information System is necessary for the market management for identification, estimating, and predicting the marketing opportunities apart from analyzing the market domains, and hence it is also known as a management information system (Kim, Cavusgil, and Calantone, 2006)....
6 Pages (1500 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us