Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN: 9780134492513
Author: Kotler, Philip, Armstrong, Gary (gary M.)
Publisher: Pearson Higher Education,
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Chapter 4, Problem 4.15VC

What is Nielsen’s expertise?

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#09. What is a marketing information system (MIS)? What types of information does it include?
Scenario: The Board of Directors at Viking River Cruises as selected you as their team to identify a viable new market segment to expand their offerings and communications.  You have been asked to expand your offerings Create a memo that details your strategy directed to the Board of Directors of the organization. Include the follwing  What method of segmentation did you use to determine a new target: Demographic segmentation, Geographic segmentation, Firmographic segmentation, Behavioral segmentation, or Psychographic segmentation  Why select the method or these methods? How to determine the attractiveness of this target? Which of the 4 types of targeting are you recommending and why?  Describe the new target for this company? Develop a value of proposition that this segment would respond to ?
What Is the Best Type of Marketing Research? Many market researchers have their favorite research approaches or techniques, although different researchers often have different preferences. Some researchers maintain that the only way to really learn about consumers or brands is through in-depth, qualitative research. Others contend that the only legitimate and defensible form of marketing research uses quantitative measures. Take a position: The best marketing research is quantitative in nature versus the best marketing research is qualitative in nature.

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