marketing vocab ch9 part 2

database marketing

the creation of a large computerized file of customers' and potential customers' profiles and purchase patterns
the key tool for successful one-to-one marketing

marketing research problem

determining what information is needed and how that information can be obtained efficiently and effectively

marketing research objective

the specific information needed to solve a marketing research problem; the objective should provide insightful decision-making information

management decision problem

a broad-based problem that requires marketing research in order for managers to take proper actions

secondary data

data previously collected for any purpose other than the one at hand

primary data

information collected for the first time. can be used for solving the particular problem under investigation

survey research

the most popular technique for gathering primary data in which a researcher interacts with people to obtain facts, opinions, and attitudes

focus group

seven to ten people who participate in a group
discussion led by a moderator

open-ended question

an interview question that encourages an answer phrased in respondent's own words

closed-ended question

an interview question that asks the respondent to make a selection from a limited list of responses