6. After writing what students think are effective sales letters, their last task is to conduct a
Gregory S. Martin, University of West Florida
Using Secondary Data for Marketing Decisions
Marketing Principles students should have a direct experience with using market research data as
an input for marketing decision making. Time constraints and large class sizes can make the
collection and use of primary data impractical. (I know, I’ve tried!) Cases can provide a context
for the consideration and use of secondary data, but most deprive the student of the experience of
actually doing “research” to develop decision-relevant information. I’ve found the following
exercise to be manageable and at the same time provide some hands-on experiential benefits. It
makes use of one of the most widely available sources of basic secondary market data, the
annual Sales & Marketing Management Survey of Buying Power. The following example
assignment is customized for use in my classes, but variations on the basic format are endless.
Students will develop many different variations of the decision process (e.g., ranking methods,
weighting schemes, etc.) that can be discussed and compared in an in-class debriefing session
after completion of the assignment. This discussion does a good job of illustrating the “fuzzy”
nature of most marketing decision processes.
Assignment:
Copies of the Florida section of Sales & Marketing Management Survey of Buying Power are on
reserve in the Library. Use this secondary source of market information to complete your choice
of one of the following tasks. Report your findings in a one-page report.
a. A home electronics company wants to test market a new product in a Florida Metro Area.
This area has a high proportion of (a) residents aged 24 to 31 and (b) household EBIs of
b. A growing regional retailer of furniture not currently doing business in Florida wants to
expand its market coverage into two Florida counties by August 1, 2015. The firm’s market