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SEM1 – MARKETING INFORMATION MANAGEMENT

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Presentation on theme: "SEM1 – MARKETING INFORMATION MANAGEMENT"— Presentation transcript:

1 SEM1 – MARKETING INFORMATION MANAGEMENT
2.04 Identify data collection methods and explain sources of Sports Marketing Information Understand data-collection methods to evaluate their appropriateness for the research problem/issue

2 Types of Data Primary Data
Original data collected by the researcher first hand specifically for the purpose of the study Examples: Interviews, sampling, accounting records and newspaper articles Spectators and participants are major sources of primary data for SEM Concert attendees, gym members, game attendees polls, surveys and focus groups

3 Types of Data Secondary Data
Data collected by someone other than the user Information & conclusions gathered after reviewing primary data 2 types of Secondary Data Internal – collected from within the organization External – collected from outside of the organization

4 Internal Secondary Data
Advantages – easily accessed and saves money Disadvantages –might not be up to date Common sources: Budgets Schedules Call reports Order/shipping/billing records Sales reports Customer complaints/requests

5 External Secondary Data
Data that originates outside the organization Advantages – inexpensive & plentiful Disadvantages –difficult to obtain accurate information because the data has much greater variety because there are more sources Outside data may be biased

6 External Secondary Data
Common Sources: Government agencies: Census Bureau demographic information on a specific geographic location Trade/industry associations for industry trends Clickstream data Data collected from consumer views of wesites or online advertisements Used by E-Marketers

7 Info Available from External Secondary Sources
Political & economics Consumer trends and habits Social & ethical issues Technological Environmental (Physical) Legal – tax policies and proposed laws Demographic information Consumer protections Competitors – type, strengths & weaknesses

8 E-Marketers Use external information to help guide their efforts
Use digital customer information such as clickstream data Gives webmasters a view of what users are viewing Raises serious security concerns Data sold as a way to increase revenue

9 Quantitative Data Deals with numbers. Data which can be measured.
Length, height, area, volume, weight, speed, time, temperature, humidity, sound levels, cost, members, ages Quantitative → Quantity 

10 Qualitative Data Deals with descriptions.
Data can be observed but not measured. Colors, textures, smells, tastes, appearance, beauty Qualitative → Quality


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