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What is marketing information system?

A marketing information system is a system that collects and analyzes market data. It then reports the useful data and distributes it to managers on a regular basis, giving them the correct information when they require it.


What is difference between marketing and marketing research?

Marketing is about promoting products (goods or services). Marketing research is about how potential a market is... how promising the buying power of the consumers is... and how tight the competition is. Marketing can not be done without market research. Market research has to come first, from this research you should ask questions like: What will consumers pay for my product? What are my clients needs and wants? Who are my target market? Who are my competitors? etc Once you have answered these questions you can develop a tailored marketing plan which will meet your customers wants and needs whilst also targeting the correct market. Essentially Marketing is the 4 P's Deveoping your PRODUCT/ brand... Understanding your USP. Having a PRICING strategy that suits and product, competition and client. PLACING your product in the correct location, shop, online, area... Where ever your customers want it! PROMOTION meeting your customers needs with valuable relevant advertising etc. None of this can be done however until Market research is done! Marketing is often studied in Business Administration and Communications.


How could an online marketing agency help your business?

an online marketing agency can help your business in many ways.They can help you stream line your web site and web presence as well as help you get you name to the right people.ie: people who are the correct age range/demographic area for your business.


Characteristics of service and their marketing implication?

The characteristics of service are perish ability, intangibility, heterogeneity variability, and inseparability. Their marketing implication are that quality is reliant upon uncontrollable factors, lack of being sure whether the deliveries are the correct ones to be promoted and planned, satisfaction and delivery to the customer are dependent on employees.


Which marketing function involves creating the correct product mix for a business?

The marketing function that involves creating the correct product mix for a business is known as product management. This function focuses on understanding customer needs, analyzing market trends, and determining the right combination of products to offer. It ensures that the product mix aligns with the company's overall strategy and meets target market demands, ultimately driving sales and customer satisfaction.

Related Questions

How do you spell the word director?

The correct spelling is 'director'.


How do you spell managing director?

Managing director is correct.


How do you spell superintendant?

It is spelled superintendent, just as it is in the question.


How do you spell marketing?

That is the correct spelling of "marketing" (advertising or selling).


How do you spell promoters?

That is the correct spelling of the plural noun "promoters."


What is the name given to the person who tells the actors what to do in a film?

director: They correct the mistakes of the actors whenever needed


How do you spell derecter?

The correct spelling is 'director'.


Who directed the movie My Antonia?

There are several different sources that have revealed the correct answer to this question. According to every source that was researched, the director of the movie "My Antonia" is Joseph Sargent.


Is there an apostrophe in board of director's meeting?

Yes. Board of director's meeting is correct.


What is the correct answer for a question such as 'how did you hear about us?

The correct answer would be to provide the source through which you learned about the product or service, such as through a friend, online search, advertisement, or social media platform. Be honest and specific in your response to help the company understand their marketing effectiveness.


Is this question correct?

Depends on what you think


Which is correct Directors' Room or Director's Room?

The correct term depends on the context. "Director's Room" refers to a room belonging to a single director, while "Directors' Room" indicates a room that is shared by multiple directors. If you are referring to a space designated for one director, use "Director's Room." If the space is for a group of directors, use "Directors' Room."