Sunday, June 16, 2019
The marketing information system (MIS) Essay Example | Topics and Well Written Essays - 1750 words
The merchandise information system (MIS) - Essay ExampleAbove all, market is a tool that fulfills the needs of the masses via a substituting process and creating enduring partnerships. Marketing Information System is created to provide back up when the need to come up with signifi batht marketing decisions (Kotler, Keller, & Lane, 2006, p. 34). This can be explained as a structure where information regarding marketing is officially examine collected, recorded, examined and sent to administrators in reference with their information requirements regularly. According to Kotler, et al. (2006) marketing information system represents individuals, tools and processes that collect, classify, analyze, examine and dispense required, suitable and right information to the marketing administrators. p.42. This paper narrows down the topic to MIS methods and consumer behavior stimuli. It also outlines the link amongst MIS methods and consumer behavior stimuli. This paper is systematically struc tured whereby the briny methods to develop marketing information are first introduced. Later on in the paper, these three main methods are linked to consumer behavior stimuli, where appropriate MIS methods to address each buyer behavior stimulus (in B2C and B2B), is established. Finally, the paper discusses each Stimulus in relation to the reputation and pros& cons of MIS tool.A large number of firms construct wide internal data bases, electrical compilations of data collected from data resources in the firm. Marketing managers have the top executive to retrieve and manage the data and information presented in the data base to establish marketing chances and intricacies (Kotler, 1988, p 102). They can outline action plans and analyze the firms military operation from these internal databases. Above all, the information present in the internal data base can originate from a wide range of resources. For instance, the accounts division can come up with financial accounts and maintai ns
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