MARKETING INFORMATION SYSTEM
By Shyamnath
10/15/2013 Shyam 1
Introduction
Management Information System: A management information system (MIS) provides information that is needed to manage organizations efficiently and effectively. E.g. ERP, EPM, SCM, CRM
Marketing Information System: A marketing Information System (MIS) consists of people, equipment, and procedures to gather, sort, analyze, evaluate and distribute needed, timely and accurate information to marketing decision makers.
10/15/2013
Shyam
The Order to Payment Cycle
Heart of the Internal Records System
Sales Rep, Dealers & Customers send orders to firm Sales Dept. prepares Invoices, transmits copies to various depts and back orders out of stock items. Acknowledgement from customers reaches.
10/15/2013
Shyam
Sales Information System
Marketing Managers need timely and accurate reports on current sales. Technological gadgets are revolutionizing sales info systems. Also help companies to have up to date information and improve productivity of the sales personnel. Interpretation must be done properly so as to avoid wrong conclusions.
10/15/2013
Shyam
Data Base, Data Warehousing And Data Mining
Data Base:
A database is an organized collection of data, today typically in digital form.
Data Warehousing: A data warehouse (DW) is a database used for reporting and analysis. Data Mining:
the process of discovering new patterns from large data sets involving methods at the intersection of artificial intelligence, machine learning, statistics and database systems.
10/15/2013 Shyam 5
Marketing Information System
1. Train and motivate the sales force to spot and report new developments. 2. Motivate distributers, retailers, and other intermediaries to pass along important intelligence 3. Network Externally 4. Setup Customer Advisory Panel 5. Take advantage of Government Data Resources 6. Purchase information from outside suppliers 7. Use online customer feedback system to collect competitive intelligence
10/15/2013
Shyam
Analyzing the Macroenvironment
Identifying the Major Forces
1. Demographic Environment
2. Economic Environment 3. Socio Cultural Environment 4. Natural Environment 5. Technological Environment 6. Political Legal Environment
10/15/2013 Shyam 7
Identifying the Major Forces
Example
Explosive Population growth (demographic) leads to more resource depletion and pollution (natural), which leads consumers to call for more laws (political-legal), which simulates new technological solutions (technological), which, if they are affordable (economic), may actually change attitudes and behavior (social cultural).
10/15/2013
Shyam
Any Queries ???
10/15/2013
Shyam
Bye