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Driving your market: values research helps create a market-driving strategy

Article Abstract:

A well planned methodology of HMV (hierarchical values map) to go about in chalking out market-driving strategies through values research, which reveals the attachment between the customer and the product attributes, is explained. How survey-based value research can utilize a structural eqation model to construct this HMV; how to identify sources of competitive advantage within that map; and ways for marketing managers to implement a market-driving strategy, are demonstarted.

Author: Whitlark, David B., Allred, Chad
Publisher: American Marketing Association
Publication Name: Marketing Research: A Magazine of Management & Applications
Subject: Business
ISSN: 1040-8460
Year: 2003
Market Targeting & Approach, Market strategy

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The missing link: cause and effect linkages make marketing scorecards more valuable

Article Abstract:

Production, promotion, employees, and customers- all are the basis for the survival of an organization. Linking the analysis of which employee opinion variables influence customer attitudes and how this relationship affects financials of the organization, makes the scorecards of an organization more dynamic and thus helps the management in identifying the focus areas for development in the process of improving the organizational performance.

Author: Lundby, Kyle, Rasinowich, Colleen
Publisher: American Marketing Association
Publication Name: Marketing Research: A Magazine of Management & Applications
Subject: Business
ISSN: 1040-8460
Year: 2003
Organizational behavior, Organizational behaviour

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Scales: still problematic 10 years later

Article Abstract:

Marketing research should contribute more for developing rating scales and its evaluation and interpretation tools for better expectations of customer's satisfaction and dissatisfaction levels. The need for deployment of better scaling methods in order to reduce the gap between the actual performance and forecasted performance, is discussed.

Author: Grapentine, Terry
Publisher: American Marketing Association
Publication Name: Marketing Research: A Magazine of Management & Applications
Subject: Business
ISSN: 1040-8460
Year: 2003
Customer satisfaction, Rating scales (Social science research)

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Subjects list: Methods, Canada, Measurement, Marketing research, Market research, Consumer behavior, Consumer behaviour, Management, Company business management
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