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Radian6 - Marketing Research Essays

Assignment id 1002939
Discipline Self Improvement
Assignment type Essay
Words 1050
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Introduction The aim of this report is to offer details regarding Radian6's social media monitoring software and the use of their software to manage marketing info. The principal focus of this report is to analyse vital issues that confront marketing researchers in connection to the utilization of Radian6's applications, and to provide recommendations to marketers that are considering utilizing the software to gather marketing information and engage clients. This report is made up of four key issues: picking the right tools to gather primary data, ensuring relevance of netnographic data, gaining insight into information and using market information to help manage customer relationships. Radian6 offers cloud-based software which collects people's articles or remarks (reactions) in online social networking channels [see Appendix D]. Case Issues Selecting the appropriate Tools to Gather Primary Data The collecting of primary information is the vital problem in this scenario because the great quantity of data accessible makes it tough to accumulate data in an economic manner and section it appropriately and picking the right tools for information gathering can make a large difference in effectiveness and efficiency. Radian6's research strategy is a form of ethnographic study known as netnography, a term coined by Kozinets (1998 ) and later defined by Kozinets (200 two, p. 1) as " ethnography adapted to the analysis of online communities." This netnographic approach used by Radian6 usually means that entrepreneurs can obtain insights into consumer opinions without bias caused by conventional contact techniques and without invasion of the customer's privacy. Langer and Beckman (2005 ) found that cosmetic surgery users freely offered experiences and opinions via internet discussion boards due to this.

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