Managing Marketing Information Managing Marketing Information Group 5 Presented by: Mauricio Gonzales-quint Nina Krapf Bui Thi Thuy Chantharas Kanchanakool Vincent G. Tenchavez Julia Vassiljeva Managing Marketing Information Group 5 Members Vince M987Z251 Julia M987Z202 Mod M987Z258 Nina 0980F001 Mauricio M987Z215 Thuy M987Z204 Managing Marketing Information Outline I. Anheuser-Busch/Bud Light – Thuy II.Anheuser-Busch's Budnet – Mod and Nina III.Marketing Intelligence a.) Marketing Intelligence and Sources - Mauricio b.) Extraordinary Sources - Vince c.) Marketing Intelligence Protection - Julia IV. Discussion Points Managing Marketing Information Thuy Brief Introduction Anheuser-Busch/Bud Light Managing Marketing Information Anheuser-Busch/Bud Light • 1860 - Eberhard Anheuser acquires Bavarian Brewery and renames it E. Anheuser & Co. • 1879 - Brewery changes name to Anheuser-Busch Brewing Association Managing Marketing Information Anheuser-Busch/Bud Light • 1852 - George Schneider establishes the Bavarian Brewery - located on Carondelet, between Lynch and Dorcas streets in St. Louis • Anheuser-Busch became the largest brewer in the United States in 1957 Managing Marketing Information Anheuser-Busch/Bud Light • Anheuser-Busch International, Inc. was established in 1981, and is responsible for the company's foreign beer operations and equity investments Managing Marketing Information Anheuser-Busch/Bud Light • Today, Anheuser-Busch produces the two best-selling beers in the world, Budweiser and Bud Light; operates 12 breweries in the United States; and has operations around the globe Managing Marketing Information Anheuser-Busch/Bud Light Here are some products of Anheuser-Busch Managing Marketing Information Mod/Nina Introduction Anheuser-Busch’s Budnet Managing Marketing Information Anheuser-Busch's Budnet What is BudNet? BudNet is the extensive finely-tuned consumer and market data network of Anheuser-Busch, one of the U.S. major breweries. It is a primary reason for 75-billion US dollar of Anheuser’s volume share. Managing Marketing Information Anheuser-Busch's Budnet Coverage Level and Collection of Data Collecting wholesaler and store-level data and making use of customer information has become the lifeblood of the organization. Managing Marketing Information Anheuser-Busch's Budnet BudNet’s performance by… Goes through stores after stores and records every detail of beer customers’ purchasing behaviours; what, when, where and why - Keeps selling records of its brand and competitors’ products, prices and displays Managing Marketing Information Anheuser-Busch's Budnet BudNet’s performance by…(continued) - Goes through shelves which brands are being sold and how much the space used to all the beer brands - Gets data from Information Resources, Inc. which tracks every bar-coded product swiped and does Nielsen-style consumer surveys - Conducts its own monthly survey of what consumers buy and why Managing Marketing Information Anheuser-Busch's Budnet How to use BudNet data • Gaining as much information as possible from distributors and wholesalers • Hand-in-hand work with them to improve system and get recent information • Having several thousand reps and drivers to serve as the eyes and ears of their data network Managing Marketing Information Anheuser-Busch's Budnet How to use BudNet data • Taking all the useful information to create a proper picture of the status of BUDLIGHT in the sores • Detailed information about time, place, display, competitors and promotion to understand consumers wants, needs and thoughts better • Constantly checking all the stores to see the problems or be able to forecast them (competitors, bad position of displays) Managing Marketing Information Anheuser-Busch's Budnet How to use BudNet data • Use for: creating marketing strategies, promotions targeted to certain markets, determine where competitors may have an edge • tracking, monitoring, and analyzing inventory throughout the entire supply chain Managing Marketing Information Anheuser-Busch's Budnet Advantages of BudNet • Give detailed information about consume, place, time, brand, and amount of each product • Information stored for every outlet better control and support • Easy way to forecast problems (early warning radar) exact information about place, display and competitors Managing Marketing Information Anheuser-Busch's Budnet Advantages of BudNet • Really close to customers wants and needs easy to create products for them • Better understanding what may be helpful in ADS to persuade customers to buy their products Managing Marketing Information Anheuser-Busch's Budnet Advantages of BudNet • Easier to tailor marketing campaigns: By city By neighborhood By holidays By class Managing Marketing Information Mauricio Marketing Intelligence Definition and Sources Managing Marketing Information Marketing Intelligence Definition and Sources Much intelligence can be controlled from people inside company: – Executives – Engineers and Scientist – Purchasing Agents – Sales Force Managing Marketing Information Marketing Intelligence Definition and Sources …the company also obtain important intelligence information from: – Suppliers – Resellers – Key Customers – Observing competitors and monitoring their publish information Managing Marketing Information Marketing Intelligence Definition and Sources Examine Physical Evidence …for example competitors´ parking lots: • Full lots plenty work and prosperity • Half-full lots hard times Managing Marketing Information Marketing Intelligence Definition and Sources COMPETITORS OFTEN REVEAL INTELLIGENCE INFORMATION – Annual Reports – Business Publications – Trade Exhibits – Press Releases – Advertisements – Web Pages Managing Marketing Information Marketing Intelligence Definition and Sources INTERNET A VAST SOURCE OF COMPETITOR-SUPPLIED INFORMATION Most companies now place volumes of information on their web sites, proving details to attract customers, partners, suppliers investors, or franchisees. …this provide a wealth of useful information about competitors´ strategies Managing Marketing Information Vince Marketing Intelligence Extraordinary Sources Managing Marketing Information Marketing Intelligence Extraordinary Sources INFORMATION Dumpster Dving!!! Managing Marketing Information Marketing Intelligence Extraordinary Sources INFORMATION Web search!!! Managing Marketing Information Marketing Intelligence Extraordinary Sources Based on own experience… In the Philippines, valuable and important competitor data can easily be gotten via connections (friends, relatives) in the competitor company, because of the “utang na loob” mentality. Managing Marketing Information Marketing Intelligence Extraordinary Sources Connections!!! Managing Marketing Information Julia Marketing Intelligence Protection Managing Marketing Information Marketing Intelligence Protection • Marketing Intelligence Protection is a set of certain steps to prevent a company’s information from being used by competitors. Managing Marketing Information Marketing Intelligence Protection How to protect? • Employee training about how to protect information • Employee benefits (ex. extra salary, not allowed to work in the competitive company during next year or two) • Random checks • Limit the number of employees having access to information • Choose partners carefully Managing Marketing Information Marketing Intelligence Protection A real case recently happened in Estonia Two competitive companies launch the same project at the same time on the same radio station. How it happened and what should have been done to avoid this situation? - To choose a partner (radio station) more carefully - To determine marketing intelligence protection conditions in the partnership agreement /contract Managing Marketing Information Group 5 Discussion Points Questions Managing Marketing Information Discussion Points/Questions If Person A who works for Company A asks Person B who works for competitor Company B for valuable data and information about Company B, and Person B gives the information to Person A… Who is being unethical? Is it Person A because of the way he got the data? Or Person B because he gave away the data? Managing Marketing Information Discussion Points/Questions From a customer’s point of view What is the point when a marketer crosses the line between healthy information gathering and invasive prying? Managing Marketing Information Discussion Points/Questions How can a small company with limited resources employ and manage marketing information effectively and efficiently? Managing Marketing Information Discussion Points/Questions If Company A manages to get hold of important data such as marketing strategies and tactics from Company B, and deploys similar but more improved strategies and tactics to counteract Company B, would this be unethical? Managing Marketing Information Thank you! Managing Marketing Information Group 5 Presented by: Mauricio Gonzales-quint Nina Krapf Bui Thi Thuy Chantharas Kanchanakool Vincent G. Tenchavez Julia Vassiljeva