Retailing and wholesaling Flashcards

(7 cards)

1
Q

Marketers must first gain fresh, deep insights into what customers need
and want to create value for customers and build meaningful relationships
with them.

A

Marketing Information and customer’s insights

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2
Q

Consumers themselves are now generating tons of marketing information.

A

Marketing Informations and today’s big data

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3
Q

huge and complex data

A

big data

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4
Q

collections of consumer and
market information obtained from data sources within the company’s network
and the data come from many sources.

A

internal databases

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5
Q

systematic monitoring, collection and analysis of publicly available information about
consumers, competitors and developments in the marketing environment.

A

Competitive marketing intelligence

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6
Q

systematic design, collection, analysis and reporting of data relevant to a
specific marketing situation facing an organization.

A

marketing research

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7
Q
A
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