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Marketing Chapter 5
N/A
7
Marketing
Undergraduate 3
09/27/2010

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Term
Syndicated Sources of Data
Definition
Companies that collect and sell common pools of data designed to serve the needs of a number of clients including competing firms in the same industry; household/consumer type or institutional
Term
Why it's different from other secondary sources
Definition
Syndicated data is collected because it has a known commercial value and is created for the purpose of marketing research; other sources are collected for other purposes
Term
Household/Consumer
Definition
Household: Relate to general values and lifestyles, media use, or product-purchase patterns; Consumer: used to obtain information on beliefs,values, attitudes, preferences and intentions
Surveys
Panels
Scanners
Term
Institutional
Definition
Track product movement through distribution channel or look at corporate statistics
Term
Surveys
Definition
Periodic surveys: collect data on the same variables at regular intervals with new respondents each time; they track change over time
Panel surveys: measure the same group of respondents over time but not always the same variables
Shared surveys: developed and executed for multiple clients who share the expenses
Term
Survey Classifications Based on Content
Definition
Psychographics and Lifestyles: refers to the activities people engage in, the interests they have, and the opinions they hold of themselves

Advertising Evaluation:asses the effectiveness of advertising and measure the size of the audience

General Surveys: other purposes like examining purchase and consumption behavior
Term
Single source data
Definition
Single-source data provide integrated information on household variables, including media consumption and purchases, and marketing variables, such as product sales, price, advertising, promotion, and in-store marketing effort.
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