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Evaluating market potential in emerging markets using marketing data

Dissertation (MBA)--University of Pretoria, 2013.

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Other Authors: Kartte, Dunja
Format: Thesis
Language:English
Published: University of Pretoria 2014
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access_status_str Open Access
author2 Kartte, Dunja
author_browse Kartte, Dunja
author_facet Kartte, Dunja
collection Thesis
dc_rights_str_mv © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2013.
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institution University of Pretoria (South Africa)
language English
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license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2014
publishDateRange 2014
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publisher University of Pretoria
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spelling oai:repository.up.ac.za:2263/40282 Evaluating market potential in emerging markets using marketing data Kartte, Dunja ichelp@gibs.co.za Verster, Kia UCTD Market research International business enterprises Dissertation (MBA)--University of Pretoria, 2013. This research focuses on the use of marketing data as a tool with which to evaluate potential in emerging markets. The literature reviewed gave valuable insight into existing approaches to evaluation of market potential, and some of the limitations these approaches face in emerging markets. Specifically, these focus on the data deficit in emerging markets, and lack of granularity in the data that exist. The literature also highlights the expertise and information which is available within the marketing fraternity, which has failed to be translated into strategic business insight in the context of new market entry. The integration of the two disciplines of marketing and market entry provides market-seeking firms with valuable new data on which to base decisions, as well as offering marketers with an opportunity to demonstrate their value as a source of strategic insight. The literature reviewed resulted in the formulation of hypotheses predicting a relationship between the independent variable, marketing data, and the dependent variable, market potential. These were further evaluated in terms of relative strength when compared to existing tools: macro economic data, and the Market Potential Index. Finally the data was analysed at a regional level to determine whether marketing data could be used to analyse market potential at a finer level of granularity than was previously possible. The study relied on secondary data, collected from a number of freely available online databases covering ten African countries over a period of six-years. This was in line with the objectives of the study, which aim to provide market-seeking firms with an alternative tool for evaluating potential without making significant investments in upfront data gathering. Regression analysis was conducted to determine the nature of each of the relationships specified in the hypotheses, and the results were assessed to determine statistical significance and the strength of correlation. It was found that marketing data shows a strong, and statistically significant relationship with market potential. This exhibited greater correlation than either of the existing tools – as well as be applied at a regional level. This finding indicates the value of adding marketing data to the set of tools used for market evaluation, and demonstrates the value that exists within the marketing fraternity as a source of relevant and reliable data and strategic insight. pagibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-06-18T08:56:14Z 2014-06-18T08:56:14Z 2014-04-30 2014-06-18 Mini Dissertation Verster, K 2014-06-18, Evaluating market potential in emerging markets using marketing data, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40282> http://hdl.handle.net/2263/40282 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Market research
International business enterprises
Evaluating market potential in emerging markets using marketing data
title Evaluating market potential in emerging markets using marketing data
title_full Evaluating market potential in emerging markets using marketing data
title_fullStr Evaluating market potential in emerging markets using marketing data
title_full_unstemmed Evaluating market potential in emerging markets using marketing data
title_short Evaluating market potential in emerging markets using marketing data
title_sort evaluating market potential in emerging markets using marketing data
topic UCTD
Market research
International business enterprises
url http://hdl.handle.net/2263/40282