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4-1ChapterFour
4-2SecondaryDatavs.PrimaryDataSecondaryData:Datathanhavebeenpreviouslygathered.PrimaryData:Newdatagatheredtohelpsolvetheproblemunderinvestigation.KeyTerms&Definitions
4-3CanhelptoclarifyorrefinetheissueorproblemMightprovideasolutiontoaresearchproblemMightprovideprimarydataresearchalternativesCanalerttheresearchertootherproblemsProvidesbackgroundinformationenhancingresearchcredibilityUsuallylessexpensiveandfastertogatherAdvantagesofSecondaryDataKeyTerms&Definitions
4-4LackofAvailabilityMightnotbeanyavailabledataonyourtopicLackofRelevanceDatamightbeoutdatedInaccuracyMightbebiased-intentionallyorunintentionallyQuestionablesourceInsufficiencyNotenoughinformationexistsDisadvantagesofSecondaryDataKeyTerms&Definitions
4-5AssessingSecondaryDataKeyTerms&DefinitionsWhogatheredthedata?Whatwasthepurposeofthestudy?Whatinformationwascollected?Whenwastheinformationcollected?Howwastheinformationcollected?Istheinformationconsistentwithotherinformation?
4-6InternalDatabase:Acollectionofrelatedinformationdevelopedfromdatawithintheorganization.DatabaseMarketing:Marketingthatreliesonthecreationofalargecomputerizedfileofcustomers’andpotentialcustomers’profilesandpurchasepatternstocreateatargetedmarketingmixInternalDatabasesKeyTerms&Definitions
4-7Creationoflarge-uptodate-computerizedfileCanincludecurrent,past,orpotentialcustomersMightbefocusedondemographic/purchasebehaviorsDevelopmentofcustomerprofileresultsShouldenableonetogeneratedirectmarketingmailers/e-mailstargetedatspecificcustomersbasedontheirbuyingbehaviorCanbeusedtocollectcustomerinformationfromyourWebsiteShouldbeorganizedtoenableyoutosearchthedatabaseusingqueriesShouldbecompatiblewithdatabasesoftwarethatwillenhanceanalysisSomeKeyFeatures:InternalDatabasesContinuedKeyTerms&Definitions
4-8NeutralNetwork:Acomputerprogramthatmimicstheprocessesofthehumanbrainandthusiscapableoflearningfromexamplestofindpatternsindata.DataMining:Theuseofstatisticalandotheradvancedsoftwaretodiscovernon-obviouspatternshiddeninadatabase.InternalDatabasesContinuedSomeApplicationsInclude:CustomeracquisitionCustomerretentionCustomerabandonmentMarketbasketanalysisKeyTerms&Definitions
PotentialUsesinMarketing:CustomeracquisitionCustomerretentionCustomerabandonmentMarketbasketanalysisInternalDatabasesContinued4-9KeyTerms&Definitions
Usingonlineandofflinedatatounderstandaconsumer’shabits,demographics,andsocialnetworksinordertoincreasetheeffectivenessofonlineadvertisingOnly4%ofInternetusersaccountfor67%ofalldisplayadclicks.Only.1%ofpeopleactuallyclickthroughtheaveragedisplayad.BehavioralTargeting4-10KeyTerms&Definitions
TheaccumulationandanalysisofmassivequantitiesofinformationBigDataoffersafirm:Deeperinsights--examplesBroaderinsights--examples4-11BigDataAnalytics
4-12GeographicInformationSystems-GIS:Acomputer-basedsystemthatusessecondaryand/orprimarydatatogeneratemapsthatvisuallydisplayvarioustypesofdatageographically.DecisionSupportSystems-DSS:Aninteractive,personalizedinformationmanagementsystemdesignedtobeinitiatedandcontrolledbyindividualdecisionmakers.InformationManagementKeyToolsKeyTerms&Definitions
GeographicInformationSystems4-13KeyTerms&DefinitionsComputer-basedsystemthatusessecondaryand/orprimarydatatogeneratemapsthatvisuallydisplayvarioustypesofdatageographically.
4-14BattleforPrivacyIdentityTheftandGovernmentActionKeyTerms&DefinitionsFederalLaws:Gramm-Leach-BlileyAct(FinancialServicesAct)HealthInsurancePortabilityandAccountabilityActTheFairCreditReportingAct(FCRA)TheChildren’sOnlinePrivacyProtectionAct(COPPA)StateLaws:California’sNoticeofSecurityBreachLaw
4-15DecisionSupportSystemsKeyTerms&DefinitionsKeyComponents:InteractiveFlexibleDiscoveryOrientedEasytoLearnandUseAninteractive,personalizedinformationmanagementsystem,designedtobeinitiatedandcontrolledbyindividualdecisionmakers.
4-16KeyTerms&DefinitionsSecondaryDataPrimaryDataAdvantagesofSecondaryDataDisadvantagesofSecondaryDataSecondaryDataLimitationsInternalDatabaseDatabaseMarketingBattleForPrivacyNeuralNetworkDataMiningMarketingResearchAggregatorGeographicInformationSystems(GIS)DecisionSupportSystem(DSS)BehavioralTargetingLinksandbuttonareactivewhenin“SlideShowMode”KeyTerms&Definitions
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