Marketing Information System for Industrial Products

Journal Title: INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY - Year 2013, Vol 3, Issue 1

Abstract

Use of an information system in Business organizations has become a necessity to survive for a long term in the business. As we know today an organization is making huge profits due to introduction of new products or product lines, but proper investment in R & D, Quality Systems and an organization wide Information system is must for a firm for long term survival. Along with other information system implementation of Marketing Information System has become quite common in case of Consumer Product Manufacturers. But in case or Industrial Products, Marketing Information System is not yet formalized or not considered important by many business firms. Due to stiff competition, dynamic marketing environment in Industrial Marketing, a business organization cannot afford to neglect the importance of Marketing Information System. This work is an effort to show the advantages of developing a Marketing Information System in the organizations manufacturing & selling Industrial Products/Services.

Authors and Affiliations

Ajit S Deshpande

Keywords

Related Articles

Work Stress in Banking Sectors in Pakistan

Stress has been experienced since ancient times, but it has never been worse than it is here in the early 21st century. Nowadays stress is responsible for more than fifty percent of all illness. Despite this fact, the ph...

Cyber Attack on Saudi Aramco

Saudi Aramco is the largest oil production company in the entire world. It supplies almost almost 1/10th of the oil in the world. The economy of Saudi Arabia is highly dependent on the production of oil. Aramco got attac...

Effects of Fixed Capital Investments in current economic downturn

The aim of this paper is to verify both the impact and influences when investing in fixed assets on probability of default. Using data from an extensive sample of Italian firms (6,000 Italian SMEs), we find that fixed as...

Impact of Development Expenditure on Economic Development of Pakistan

This study was conducted in the light of fiscal plan of Pakistan and secondary data was used from State Bank of Pakistan and Ministry of Finance for year 2000-01 to 2009-10 and linear regression was applied for checking...

Automatic Detection of Irrelevant Comments in an Electronic Meeting

Groups exchanging ideas in electronic meetings often generate irrelevant or off-topic comments that can detract from the conversation. Here, we describe a system that seeks to identify this immaterial text using previous...

Download PDF file
  • EP ID EP654206
  • DOI 10.24297/ijmit.v3i1.4644
  • Views 147
  • Downloads 0

How To Cite

Ajit S Deshpande (2013). Marketing Information System for Industrial Products. INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY, 3(1), 71-76. https://europub.co.uk/articles/-A-654206