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The Specific Market Research Methodology Used At General Motor'S Europe

Author

Listed:
  • Zima Liliana Adela

    () (The North University of Baia Mare, Faculty of Science)

  • Toadere Rita Monica

    () (The North University of Baia Mare, Faculty of Science)

Abstract

As difficult as segmenting consumer markets is, it is much simpler and easier than segmenting industrial markets. Often the same industrial products have multiple applications; likewise, several different products can be used in the same application. Customer differ greatly, and it is hard to discern which differences are important and which are trivial for developing a marketing strategy. Making the research at General Motor’s Europe I realized that the most industrial marketers use segmentation as a way to explain results rather than as a way to plan. In fact, industrial segmentation can assist companies in several areas like: analysis of the market, selection of key markets and management and marketing. In this study I tried to make a better understanding of the total marketplace, including how and why customers buy and to develop strategies, plans and programs to profitability meet the needs of different market segments and to give the company a distinct competitive advantage. The Marketing Plan is based on an Information System which can be interpretaded in two different ways. In this case its singular form focusing on both formal and informal information system is appropriate. The investigation explains the environment of the European Business Team . The techniques used were: system maps, observations, interviews, questionnaires and company documents. The initial stage of exploring the situation starts usually with a dialog between the potential client - in this particular case the European Business Team – and the analyst. The vague impression is then given that not everything is running as it should be by the client. This was, however, not completely true in my case, as I had to go looking for problems. Preliminary investigations into product communication did show a feeling of unease between the departments. Having expressed the current situation of the European Business Team , I then chose three areas to study further. I had to confirm my choice to be able to grasp the complexity of the working environment

Suggested Citation

  • Zima Liliana Adela & Toadere Rita Monica, 2011. "The Specific Market Research Methodology Used At General Motor'S Europe," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 209-214, December.
  • Handle: RePEc:ora:journl:v:1:y:2011:i:2:p:209-214
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    File URL: http://anale.steconomiceuoradea.ro/volume/2011/n2/028.pdf
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    Keywords

    Marketing plan; market requests;

    JEL classification:

    • M - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics

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