Managing Marketing Information to Gain Customer Insights
Customer Insights are:
Fresh and deep insights into customers needs and wants
Difficult to obtain
Not obvious
Customer’s unsure of their behavior
Better information and more effective use of existing information
Companies are forming customer insights teams
Include all company functional areas
Collect information from a wide variety of sources
Use insights to create more value for their customers
Marketing Information Systems (MIS)
consists of people and procedures for:
Assessing the information needs
Developing needed information
Helping decision makers use the information for customer
Assessing Marketing Information Needs
MIS provides information to the company’s marketing and other managers and external partners such as suppliers, resellers, and marketing service agencies