Preview

Introduction – Industrial Marketing

Satisfactory Essays
Open Document
Open Document
599 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Introduction – Industrial Marketing
FACULTY OF MANAGEMENT STUDIES
INSTITUTE OF RURAL MANAGEMENT, JAIPUR

SESSION TEACHING PLAN( SESSION 2012-14)

Subject Name: INDUSTRIAL MARKETING & RESEARCH Semester- IV (PGDM-Marketing)

Total No. of Lectures: 30

S. No. | Topic Title | Lecture No. | Test / Assignment | Remarks | 1 | Marketing Research Defined – Need and Functions of MR; Evaluation- Practice of MR; Manager- Research relationship | 1 | | | 2 | Features of right information; Advantages of MR | 2 | | | 3 | Research Process and Design – Scientific method, Use of mathematical methods/ judgmental methods; Characteristics of scientific method | 3 | | | 4 | Steps in Research Process; Constraints in Research Process. | 4 | | | 5 | Research Proposal and Design – Basic and applied research; Users and doers of marketing research; The network research objective; Types of research- exploratory research, conclusive research; | 5 | | | 6 | D-E-C-I-D-E Model of MR; Research proposal- Types- Internal and external; Elements and structure of Research proposal; Types of marketing research techniques. | 6 | Assignment on research proposal | | 7 | Definition and Nature of industrial marketing, Industrial marketing vs. Consumer marketing; | 7 | | | 8 | Industrial demand- derived, joint/shared, cross-elasticity of demand. | 8 | | | 9 | Industrial marketing environment: Buyer Seller Interface, Publics, Macro environment and Microenvironment. | 9 | | | 10 | Industrial products: Materials and parts (raw materials, manufactured materials, component parts), capital items (installations, accessories, plant & buildings), supplies and services. | 10 | | | 11 | Industrial customers: Nature; Types – Commercial enterprises (industrial dealers & distributors, OEM–original equipment manufacturer, and users), Government customers, institutional customers (private & public sector) | 11 | | | 12 | Buyer- seller relationship: Evolution of

You May Also Find These Documents Helpful

  • Powerful Essays

    Mark 373 Study Guide

    • 2453 Words
    • 10 Pages

    Marketing research- the systematic gathering, recording and analysis of information to help managers make marketing decisions.…

    • 2453 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Week 2 team paper

    • 1478 Words
    • 6 Pages

    References: Armstrong, G., & Philip, K. (2011). Marketing: An Introduction (10th ed.). Retrieved from The…

    • 1478 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Marketing research is best defined as, “a way of investigating and answering questions about human behavior,” (Bont, Et. Al, 2007). Essentially, marketing research is a tool that helps businesses stay ahead of the trends and maintain a competitive edge in the constantly changing global market. Companies that make marketing research a central part of their business plan will see the business grow and develop to not just achieve their business goals, but exceed them. Robert Duboff puts it into perspective in a way that anyone can understand in terms of why marketing research is a valuable tool, “Marketing research can be freed to do what it can do well: provide information about the past and present to enable insights that can help decision makers use their judgment,” (The Market Research Magic is Gone, 2011). Marketing research is a key component in any business because it helps the organization identify how they will gather, analyze, and interpret information about a product or service they offer in the market along with the past, present , and future potential customers for that specific product or service offering. It also provides information on the characteristics, spending habits, and location of the businesses target market, the industry, and competition they will face in the particular market. Marketing research will also identify the specific strategies with regard to marketing segmentation and product differentiation that is best suited for the organization in order to achieve their goals and expand their product offerings. Entrepreneur best describes the benefit of marketing research, “It allows business owners to determine the feasibility of a business before committing substantial resources to the venture,” (Market Research, 2014).…

    • 2048 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Assignment 2014

    • 1830 Words
    • 9 Pages

    M3 Analyse the research findings and make recommendations on how marketing strategies could be adapted or implemented…

    • 1830 Words
    • 9 Pages
    Good Essays
  • Better Essays

    Defining Marketing Paper

    • 1004 Words
    • 5 Pages

    References: Carter McNamara, MBA, PhD, (03, October 29). All about Marketing. Retrieved August 9, 2009, from Free Management Library Web site: http://www.managementhelp.org/mrktng/mrktng.htm…

    • 1004 Words
    • 5 Pages
    Better Essays
  • Best Essays

    The marketing research process is a series of activities that have to be performed , forcing marketers to take decisions regarding the objective of the research project, the specific data collection techniques and procedures that will be used, the research instruments and the way they will be used to collect information, the sampling procedures, data analysis techniques and finally about the communication channel used to feed data to the managers and the decision makers. Below are presented the steps of the marketing research…

    • 3474 Words
    • 14 Pages
    Best Essays
  • Good Essays

    Marketing Research Exam 1

    • 1462 Words
    • 6 Pages

    Because marketing has been defined as a function instead of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders, marketing managers must have information in order to determine values desired by customers and how to build customer relationships. This is an explanation that would explain: E. why marketing research is a part of marketing; that is, MR provides information to allow marketing managers to understand values desired by customers.…

    • 1462 Words
    • 6 Pages
    Good Essays
  • Good Essays

    American Idol Case Study

    • 629 Words
    • 3 Pages

    References: Malhotra, N. K. (2010). Marketing Research: An Applied Orientation, 6/E. Boston, MA, USA: Prentice Hall.…

    • 629 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Research methods are based on the collection of data, the formulation of hypotheses (testable statements), and the testing of these for verification (evidence that supports the experimental hypothesis) or falsification (evidence that doesn’t) - a process termed hypothetico-deductive…

    • 15158 Words
    • 61 Pages
    Powerful Essays
  • Best Essays

    Marketing research is the process in which a company collects information for the purpose of identifying: customer needs, marketing opportunities, problems or issues with a product, levels of competition and monitoring the company’s performance in the market. There are many ways of collecting this information available to companies (Figure 1)…

    • 2642 Words
    • 9 Pages
    Best Essays
  • Good Essays

    Collecting data bases on Facts; History, Causes of conflicts, Damages done by the conflicts (Casualty, Human Rights Violations, etc)…

    • 479 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    An important task of marketing research is the evaluation of the effectiveness and efficiency of marketing activities. Management companies require marketers increasingly rigorous reporting and substantiation of expenses. Tired of the high and steadily increasing marketing costs, executives are naming the following as marketing : failed new products and failed advertising campaigns, too many phone calls and expensive campaign that are created to stimulate sales but fail to do so.…

    • 2050 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Marketing research is a tool companies use to discover consumers’ wants and needs so that they can satisfy those wants and needs with their product offerings. Marketing research is the marketing manager’s source of information about market conditions. It covers topics ranging from long-range planning to near-term tactical decisions.…

    • 504 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Industrial marketing

    • 2568 Words
    • 9 Pages

    Q1) Explain the concept of industrial marketing and how it is different from consumer marketing:…

    • 2568 Words
    • 9 Pages
    Better Essays

Related Topics