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Marketing Management/Essentials of Marketing                    Rajesh Verma, Lovely Professional University




                    Notes           Unit 2: Understanding the Marketplace and Consumers


                                     CONTENTS
                                     Objectives
                                     Introduction

                                     2.1  Environmental Analysis
                                          2.1.1  Structure of the Marketing Environment
                                          2.1.2  Micro and Macro Environment

                                     2.2  Environmental Scanning
                                          2.2.1  External Environmental Analysis
                                          2.2.2  Customer Analysis
                                          2.2.3  Competitor Analysis
                                          2.2.4  Market Analysis

                                          2.2.5  Company Analysis
                                     2.3  Marketing Information Systems: The Concept
                                          2.3.1  Components of a Marketing Informating System

                                     2.4  Computer Networks and Internet
                                     2.5  Data Mining and Data Warehousing
                                     2.6  Marketing Intelligence Systems
                                     2.7  Marketing Research Process
                                          2.7.1  Define the Marketing Problems and Set Objectives

                                          2.7.2  Design Research Project
                                          2.7.3  Data Collection Approach
                                          2.7.4  Sampling Plan

                                          2.7.5  Analyse the Information
                                          2.7.6  Present the Findings
                                     2.8  Summary
                                     2.9  Keywords
                                     2.10 Review Questions

                                     2.11 Further Readings

                                  Objectives


                                  After studying this unit, you will be able to:
                                       Identify the components of the marketing environment
                                       Discuss the procedure of environmental scanning




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