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What is Marketing Intelligence

Handbook of Research on Technology Adoption, Social Policy, and Global Integration
It is the systematic collection and analysis of information about competitors, market trends, and developments in marketing environment.
Published in Chapter:
Marketing Information System
Amir Ekhlassi (University of Tehran, Iran) and Ehsan Alinaghian (University of Tehran, Iran)
DOI: 10.4018/978-1-5225-2668-1.ch017
Abstract
Increasingly, business leaders are viewing market information not only as an input for making better decisions but also as an important strategic asset. Marketing Information may prove to a business's chief competitive advantage in many business sectors. Competitors can copy each other's products, processes, procedures, and technologies, but they cannot duplicate the marketing information and intellectual capital. Marketing Information System primarily serves the company's marketing and top level managers, but it may also provide information to external partners, such as suppliers, partners, distributors, or marketing services agencies. A good Marketing Information System balances the information users would like to have against what they really need and what is feasible to offer and the cost of obtaining. This chapter explains how a Marketing Information system can be developed in a business? What are the subsystems of a Marketing Information system and their functions?
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Quality Distance Learning Programs and Processes
This term refers to the act of gathering information about a specific audience. Marketing intelligence is an attempt to quantify potential participants for a specific program. The information gathered informs program administrators as to how they might organize the prospective program, as well as who they will be trying to sell the program to directly.
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Smart Store Base Grocery: Facilitating Future Forecasting Profit
The process of gathering, analyzing and disseminating data relating to customers, products and services, experiences and business, for instance, competitor intelligence, product intelligence and market understanding.
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Beyond Virtual and Augmented Reality: AI-Assisted Mixed Reality and Its Impacts on Society
The process of gathering, analyzing and disseminating data relating to customers, products and services, experiences and business, for instance, competitor intelligence, product intelligence and market understanding.
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Integrating Big Data Analytics Into Retail Services Marketing Management: The Case of a Large Shopping Center in London, UK
A set of accurate information on consumers behavior (consumer intelligence) and competitors’ behavior (competitor intelligence) that supports companies in the decision-making process to identify market opportunities and penetration strategies.
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Harnessing Data Analytics and Marketing Intelligence for Sustainable Marketing Innovation
Involves the systematic gathering and analysis of information related to market trends, competitor activities, and consumer behavior. It aids organizations in making strategic decisions and staying responsive to dynamic market conditions.
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A Literature Review of Marketing Intelligence and Its Theoretical Implication for Leveraging Business
Everyday data, pertinent to an organization's marketing endeavors, becomes a valuable resource when gathered. This information can undergo analysis, enabling informed decisions about competitor actions, product strategies, consumer trends, and market opportunities.
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