Premium Essay

Kowloon Walled City

In:

Submitted By SungHoPark
Words 2043
Pages 9
Big Marketing
Strategic
Long term
Widely influencing
Every one involved in market orientation -intelligence generation - intelligence dissamination - intelligence response
Business idea – questionnaire- survey –data- information- intelligence
Should be shared all at the department
Little marketing
Tactical
Short term
Narrow scope

Marketing research
Marketing research is "the function that links the consumers, customers, and public to the marketer through information — information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve understanding of marketing as a process. Marketing research specifies the information required to address these issues, designs the method for collecting information, manages and implements the data collection process, analyzes the results, and communicates the findings and their implications."[1] Marketing research is the systematic gathering, recording, and analysis of data about issues relating to marketing products and services. The goal of marketing research is to identify and assess how changing elements of the marketing mix impacts customer behavior. The term is commonly interchanged with market research; however, expert practitioners may wish to draw a distinction, in that market research is concerned specifically with markets, while marketing research is concerned specifically about marketing processes.[2]
Market research
Market research is any organized effort to gather information about markets or customers. It is a very important component of business strategy.[1] The term is commonly interchanged with marketing research; however, expert practitioners may wish to draw a distinction, in that marketing research is concerned

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