E-Marketing Ch 6

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    E-Marketing

    Dr. Karim Kobeissi

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    Chapter 6: E-Marketing Research

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    Keywords: Data Vs InformationData consists of R! "C#$ and "I%&RE$' Data is a

    ()i*ding (*ock' !hen that data is organi+ed or

    interpreted into sets according to conte,t it pro.ides

    information' "or e,amp*e recording the temperat)re

    of yo)r c*assroom contin)o)s*y o.er a set period is

    data co**ection' "rom that data information may (e

    deri.ed s)ch as the highest *owest and a.erage

    temperat)res o.er that period' Both data and

    information are used to attain knowledge.

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    Keywords: Management Information $ystem /MI$0

    Management Information System (MIS) (road*y refers to a

    comp)ter-(ased system that pro.ides managers with the too*s to

    organi+e e.a*)ate and e1cient*y manage departments within an

    organi+ation' In order to pro.ide past present and prediction

    information a management information system can inc*)de

    software that he*ps in decision making data reso)rces s)ch as

    data(ases the hardware reso)rces of a system decision s)pport

    systems peop*e management and pro2ect management

    app*ications and any comp)teri+ed processes that ena(*e the

    department to r)n e1cient*y'

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    Keywords: "oc)s %ro)p

    focus grou is a gro)p of peop*e

    assem(*ed to participate in a disc)ssion

    a(o)t a prod)ct (efore it is *a)nched or to

    pro.ide feed(ack on a po*itica* campaign

    te*e.ision series etc'

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    3est*e 4)rina 4etCare wanted to knowwhether their !e( sites and on*inead.ertising increased o5-*ine (eha.ior'

    3est*e 4)rina de.e*oped research7)estions: re o)r ()yers )sing o)r (randed !e(

    sites8

    $ho)*d we in.est in other !e( sites8

    If so where sho)*d we p*ace thead.ertising8

    #he 4)rina $tory

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    #he 4)rina $tory /con0

    #hey com(ined on*ine and o5-*ineshopping pane* data and fo)nd that: 9anner c*ick-thro)gh rate was *ow /'6;0'

    hea*th and *i.ing sites recei.ed the

    most .isits from their c)stomers'

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    Data Dri.e $trategy

    Information o.er*oad is a rea*ity for cons)mersand marketers a*ike'

    E-marketers m)st determine how to gain

    insights from (i**ions of (ytes of data to )pdate

    marketing strategy'

    4)rina?s e-marketers for e,amp*e sorts thro)ghh)ndreds of mi**ions of pieces of data a(o)t

    @

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    "rom Data to Decision: 4)rina

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    Know*edge management is the process of managing

    the /a0 creation /(0 )se and /c0 di5)sion of know*edge'

    Data information and know*edge are shared with

    interna* decision makers partners channe* mem(ers

    and sometimes c)stomers'

    marketing know*edge data(ase inc*)des data a(o)t

    c)stomers prospects and competitors'

    Marketing Know*edge Management

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    #he Marketing Information $ystem /MkI$0

    E-marketers )s)a**y )se a Marketing

    Information System(MkIS) which is a

    Management Information $ystem /MI$0

    designed to s)pport marketing decision

    making'

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    Most Common Data Co**ection Methods

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    $o)rces of Data

    #he three main so)rces of data that e-

    marketers )se to address research

    pro(*ems are:

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    $o)rce

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    $o)rce @: 4rimary Data !rimary datais data that has (een

    co**ected specia**y for the p)rpose in mind' #his type

    of data are genera**y origina* and co**ected for the Brst

    time'

    #he Internet and other techno*ogies faci*itate rimary

    data co**ection:

    Marketers )se the 3et to co**ect primary data

    thro)gh on*ine s)r.eys on*ine foc)s gro)ps

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    $ o ) rc e : $ e c o n d a r y D a t a Secondary datacorrespond to data co**ected and

    recorded (y someone e*se prior to and for a p)rpose

    other than the c)rrent pro2ect '

    Secondary data pro.ide information a(o)t competitors

    pop)*ation demographics economic en.ironment etc'

    *tho)ghsecondary data can (e co**ected more 7)ick*y

    and *ess e,pensi.e*y than primary data it may not meet

    e-marketer?s information needs: Data was gathered for a di5erent p)rpose'

    )a*ity of secondary data may (e (iased'

    Data may (e o*d'

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    4)(*ic and 4ri.ate Data$o)rces

    4)(*ic*y generated data &'$' 4atent 1ce CI !or*d "act(ook

    merican Marketing ssociation

    !ikipedia

    4ri.ate*y generated data com$core

    "orrester Research

    3ie*sen>3etRatings

    Commercia* on*ine data(ases

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    4rimary Research $teps

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    d.antages F Disad.antages of n*ineResearch

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    Ethics of n*ine Research

    Companies cond)cting research on the !e(often gi.e respondents a gift or fee for

    participating'

    ther ethica* concerns inc*)de:

    Respondents are increasing*y )pset at getting )nwe*come e-

    mai* re7)ests for s)r.ey participation'

    G=ar.estingH of e-mai* addresses from newsgro)ps witho)t

    permission'

    G$)r.eysH for the so*e p)rpose of ()i*ding a data(ase'

    4ri.acy of )ser data'

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    Monitoring #he $ocia* MediaCompanies m)st now monitor n)mero)s we( pages

    (*ogs and photo sites in order to *earn what is (eing

    said a(o)t their (rands or e,ec)ti.es'

    Companies can hire 4R Brms or on*ine rep)tation

    management Brms to he*p'

    #hey can a*so set )p a)tomated monitoring systems

    )sing e-mai* R$$ feeds or specia* software'

    %oog*e o5ers e-mai* a*erts for se*ected keywords'

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    %oog*e *ert for G)dy $tra)ssH 3ame

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    ther #echno*ogy-Ena(*ed pproaches

    C*ient-side Data Co**ection Cookies

    &se 4C meter with pane* of )sers to track the

    )ser c*ickstream'

    $er.er-side Data Co**ection

    $ite *og software

    Rea*-time proB*ing tracks )sers? mo.ements

    thro)gh a !e( site'

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    Rea*-$pace pproaches

    Data co**ection occ)rs at o5-*ine points of

    p)rchase'

    Rea*-space techni7)es inc*)de (ar code

    scanners and credit card termina*s'

    Cata*ina Marketing )ses the &4C scanner

    for promotiona* p)rposes at grocery

    REJ $4CE D# CJJEC#I3 F $#R%E

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    REJ-$4CE D# CJJEC#I3 F $#R%EEM4JE

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    Marketing Data(ases F Data !areho)ses

    4rod)ct data(ases ho*d information a(o)t prod)ct

    feat)res prices and in.entory *e.e*sL c)stomer

    data(ases ho*d information a(o)t c)stomer

    characteristics' Data wareho)ses are repositories for the entire

    organi+ation?s historica* data not 2)st for marketing

    data'

    $oftware .endors are attempting to so*.e the we(site

    maintenance pro(*em with content management

    systems'

    * i d i i ( i

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    D a t a n a * y s i s a n d D i s t r i ( ) t i o n

    "o)r important types of ana*ysis for

    marketing decision making inc*)de:

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    @- C)stomer 4roB*ing

    "ustomer ro#lingis away to create a portraitof yo)r customerstohe*p yo) make designdecisions concerningyo)r ser.ice'

    No)r customers are(roken down into gro)psof customerssharingsimi*ar goa*s and

    characteristics and eachgro)p is gi.en arepresentati.e with aphoto a name and a

    description'

    R " M n a * y s i s

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    - R " M n a * y s i s

    $%Mis a method )sed for ana*y+ing c)stomer .a*)e' R"M stands for

    $ecency - How recently did the customer purchase?

    %re7)ency - How often do they purchase?

    Monetary Va*)e - How much do they spend?

    Most ()sinesses wi** keep data a(o)t c)stomer p)rchases' ** that is needed

    is a ta(*e with the c)stomer name date of p)rchase and p)rchase .a*)e'ne methodo*ogy is to assign a sca*e of < to

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    - Report %enerating

    Report generating

    softwares are )sed to

    ana*y+e

    .ario)s data(ase

    so)rces /e'g' e,ce*

    ccess '''0 and

    generate h)man-

    now e ge anagemen

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    now e ge anagemenMetrics#wo metrics are c)rrent*y in widespread

    )se:

    RI: tota* cost sa.ings di.ided (y tota* cost of

    the insta**ation'

    #ota* Cost of wnership /#C0: inc*)des cost of

    hardware software *a(or and cost sa.ings'