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2004-2006
Research Priorities
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Overview of MSI Research Priorities
2004-2006 Research Priorities
Research Priorities for the Customer Insight Community
Research Priorities for the Marketing Productivity Community
Research Priorities for the Marketing Excellence Community
Research Priorities for the Customer Management Community
Third Tier Research Priorities
Other Research Topics
Obtaining MSI Research Support
MSI Working Paper Series
Download 2004-2006 MSI Research Priorities Booklet


Overview of MSI Research Priorities

MSI’s research priorities are the issues that leading corporations see as important for improving business practice through academic research. The priorities serve as a blueprint for MSI’s research program, guiding decisions on research projects, reports, and conferences.

The priorities are updated every two years in a process beginning with focus groups of senior marketing executives and leading academic researchers and culminating with a formal vote by member companies. The current priorities were established in October 2004. Selection criteria include the importance and relevance of a topic to member companies as well as its researchability and potential to have an impact on the field.

MSI encourage academic researchers from marketing and related fields to submit proposals for research projects and/or completed papers for the working paper series on these topics.



2004-2006 Research Priorities

The 2004-2006 priority topics resulted from a five-phase series of activities that included:

  1. mail and e-mail surveys of MSI member firms and academic trustees;
  2. discussions at MSI’s May 2004 Research Generation Workshop in Atlanta, Georgia;
  3. discussions at the April 2004 MSI Trustees Meeting in Cambridge, Massachusetts;
  4. grouping of the research topics;
  5. balloting by trustees to rank-order the research topics.

Communities of Interest Identify Top Priorities

Historically, MSI has determined research priorities by averaging ballots across all member companies. Averaging insured that topics perceived by the majority to be important would receive top priority. Unfortunately, averaging also insured that topics perceived by a minority to be equally important could never reach top priority.

This year, rather than averaging ballots across all member companies, we cluster-analyzed trustees’ ballots to identify groups of trustees with similar research preferences. We refer to each of the identified groups as a “community of interest.” The name we gave to a community reflects: (1) the research topics the community reported as most important, and (2) the characteristics of the trustees whose reported research preferences placed them in that particular community. Following are the resulting four, approximately equally-sized communities.

Communities of Interest

  • Customer Insight (including many with job titles that include Research, Insight, or Intelligence)

  • Marketing Productivity (including many from companies with well-known brands)

  • Marketing Excellence (almost exclusively B2B)

  • Customer Management (equally divided between B2B and B2C)

We define top tier priorities by the six topics that are most important to one or more of these communities. Two topics are shared top priorities for more than one community, and four topics are top priority for only one community.

Top Tier Priority Topics

  • Growth (top priority for Customer Insight, Marketing Excellence, and Customer Management communities)

  • Brand Equity (top priority for Customer Insight and Marketing Productivity communities)

  • Metrics (top priority for Marketing Productivity community)

  • Managing Customers (top priority for Customer Management community)

  • Role of Marketing (top priority for Marketing Excellence community)

  • Research Tools (top priority for Customer Insight community)

The following figure illustrates the correspondence between top tier priority topics and communities of interest. The six squares on the left represent the six top tier priority topics. On the right, the four diamonds superimposed over the topic squares represent the four communities of interest. A community’s diamond touches the squares of all topics that are top tier for that community.

In what follows, we present, for each of the four communities of interest, a listing of the specific research questions that are top tier priority and second tier priority for that community. Top tier priority research questions are listed by topic.

By reporting research priorities separately for each community of interest, we hope that academic researchers will develop a richer understanding of the underlying concerns for each of the communities. This deeper understanding might lead an academic to link multiple priority topics for a particular community to develop new research questions that will also be of interest to that community. In addition, communities give context to the research question. For example, price sensitivity is a priority for only one community, and that community is made up primarily of B2B companies. This community-specific presentation of research priorities has the potential to redirect research on price sensitivity to the B2B context.

It is also our hope that these communities of interest will point member company trustees toward the kinds of people who might benefit from the programs that MSI offers, allowing MSI to serve a wider range of professionals within each member company.

Finally, we would like to draw attention to the third tier research priorities. These were identified as being of some interest to a number of trustees (not concentrated in any particular community of interest).



Research Priorities for the Customer Insight Community
Top Tier Priorities
Top tier research priorities are sufficiently important that they deserve intensive research attention. Research proposals that address these topics are especially encouraged, and it is likely that MSI will hold conferences, organize research competitions, and possibly commission studies on these subjects.

Research Tools

  • Non-traditional tools and methods (e.g., design, anthropology)

  • Validating new data collection methods

  • Instituting processes to ensure the adoption and use of new tools/methodologies

  • Predicting the future (e.g., scenarios)

Growth

  • Ensuring customer-relevant innovation in all stages of new product/service development

  • Organic growth

  • Discontinuous growth strategies that reshape the industry

  • The role of marketing research in discontinuous innovation

  • Developing new tools for proactive understanding of customers

  • Assessing the effectiveness of new product development processes

  • Methods for predicting new product/service adoption

Brand Equity

  • Assessing the impact of marketing programs on brand equity and how the impact changes across stages of the product life cycle

  • Measuring brand equity (relating financial and non-financial measures)

  • Relating brand and customer equity

Second Tier Priorities

Second tier research topics have been identified as important, although not as pressing as the top tier priority topics. Research on these topics is encouraged.

  • Methods to prioritize customer requirements in the new product development process

  • Capturing past knowledge in accessible forms (e.g., meta-analysis)

  • Understanding the impact of brand personality dimensions on brand equity

  • Brand extensions (e.g., assessing extension potential, transferring equity)

  • Impact of media fragmentation and alternative media on brands

  • Advanced analytical methods

  • Making trade-offs between information quality/precision versus its timeliness

  • When to kill a new product/service/technology

  • The role of design in developing successful new products and services

  • Psychological aspects of pricing


Research Priorities for the Marketing Productivity Community

Top Tier Priorities
Top tier research priorities are sufficiently important that they deserve intensive research attention. Research proposals that address these topics are especially encouraged, and it is likely that MSI will hold conferences, organize research competitions, and possibly commission studies on these subjects.

Metrics

  • Assessing the impact of marketing programs on financial metrics

  • Using ROI to allocate resources across functions, marketing vehicles, geographies, and over time

  • Valuing intangible marketing assets (brand equity, customer equity)

  • Linking intermediate marketing program outcomes (e.g., awareness) to financial metrics

  • Long-term effects of marketing programs

  • Assessing advertising’s effects on sales, price premium, sales call effectiveness, distribution, etc.
Brand Equity

  • Assessing the impact of marketing programs on brand equity and how the impact changes across stages of the product life cycle

  • Measuring brand equity (relating financial and non-financial measures)

  • Relating brand and customer equity

Second Tier Priorities
Second tier research topics have been identified as important, although not as pressing as the top tier priority topics. Research on these topics is encouraged.

  • Allocating budgets across media, markets, geographic regions, etc.

  • Incorporating non-traditional media (e.g., product placements, sponsorships, “buzz marketing,” in-store marketing) in marketing mix models

  • Making trade-offs between investment in mature products/markets versus new products/markets

  • Managing brand equity through the product life cycle

  • Managing brand equity for different constituencies (consumers, distributors, press, analysts, etc.)

  • Orchestrating brand communications across all customer touch-points

  • Brand architecture (e.g., sub-brands vs. corporate brands)

  • Cross-cultural and global marketing and branding

  • Managing customer experiences; in-store marketing; “retailtainment”


Research Priorities for the Marketing Excellence Community
Top Tier Priorities

Top tier research priorities are sufficiently important that they deserve intensive research attention. Research proposals that address these topics are especially encouraged, and it is likely that MSI will hold conferences, organize research competitions, and possibly commission studies on these subjects.

Role of Marketing

  • Evaluating and controlling marketing performance: the impact of reward systems

  • Managing marketing as a “value-creator” versus an expense

  • Growth by expanding business scope

  • Improving utilization of marketing information by managers

  • Communicating with and influencing decision makers (e.g., changing “executive intuition” in favor of customers)

  • Marketing competencies: what makes a great marketer?

  • How to organize marketing
Growth

  • Ensuring customer-relevant innovation in all stages of new product/service development

  • Organic growth

  • Discontinuous growth strategies that reshape the industry

  • The role of marketing research in discontinuous innovation

  • Developing new tools for proactive understanding of customers

  • Assessing the effectiveness of new product development processes

  • Methods for predicting new product/service adoption
Second Tier Priorities
Second tier research topics have been identified as important, although not as pressing as the top tier priority topics. Research on these topics is encouraged.

  • Creating profitable product portfolios

  • Differences in marketing’s impact on financial metrics for nondurables/durables/services, for long sales-cycle businesses, at different stages of life cycle

  • Marketing’s relations with other functions in the organization

  • Anticipating and influencing competitors’ pricing

  • Understanding and measuring price sensitivity in B2B markets

  • Optimal pricing over time; pricing over the product life cycle

  • Creating and pricing product and/or service bundles

  • Organizational issues in making pricing decisions

  • Enhancing the role of branding in a sales-driven culture


Research Priorities for the Customer Management Community
Top Tier Priorities

Top tier research priorities are sufficiently important that they deserve intensive research attention. Research proposals that address these topics are especially encouraged, and it is likely that MSI will hold conferences, organize research competitions, and possibly commission studies on these subjects.

Managing Customers

  • Customer portfolio management: balancing acquisition and retention

  • Measuring and predicting the lifetime value of a customer

  • Segmenting and managing by type of relationship desired by customer/firm

  • Managing and maintaining customers through multiple channels

  • Implementing and assessing the impact of CRM

Growth

  • Ensuring customer-relevant innovation in all stages of new product/service development

  • Organic growth

  • Discontinuous growth strategies that reshape the industry

  • The role of marketing research in discontinuous innovation

  • Developing new tools for proactive understanding of customers

  • Assessing the effectiveness of new product development processes

  • Methods for predicting new product/service adoption
Second Tier Priorities
Second tier research topics have been identified as important, although not as pressing as the top tier priority topics. Research on these topics is encouraged.

  • Understanding and marketing to special populations (e.g., teens, ethnic groups, developing markets, etc.)

  • How to deal with solution sellers as intermediaries

  • When will customers co-create a solution?

  • Role of marketing in identifying and delivering solutions through the supply chain

  • Selling through your customers

  • Dealing with a dominant customer (retailer, distributor, channel, etc.)


Third Tier Research Priorities

The following topics were identified as being of some interest to a number of trustees, and exceptional studies on these subjects will also be considered. (The trustees interested in these topics were not concentrated in any particular community of interest.)

Understanding Competitors and Competitive Opportunities

  • Anticipating emerging competitive threats

  • Predicting competitors’ actions/reactions

  • The role of marketing in designing and implementing competitive strategies

The Inter-relationship Between Marketing and Society

  • Assessing the value of marketing to customers and to society

  • “Green marketing”

  • The efficacy of marketing techniques in addressing social problems

  • Privacy issues: balancing customers’ desire for privacy with their desire for customization

  • Mistrust of marketing

  • Corporate social responsibility


Other Research Topics
While the priorities play an important role in selecting proposals and papers, high-quality work on other topics is also of interest, particularly in new or emerging areas. We welcome research in areas where MSI has already made significant contributions (e.g., brand equity, market orientation, and using information) as long as the research extends the boundaries of past work. On the other hand, “me-too” studies in mature areas are of less interest. Researchers should feel free to select the appropriate methodology. MSI encourages cross-disciplinary, cross-functional, and cross-cultural perspectives. See “Working Paper Guidelines” for more information.


Obtaining MSI Research Support

MSI funds high-quality research that deals with topics of importance to member companies. Results of MSI-supported studies appear first as MSI working papers and/or as conference presentations, and subsequently as articles in refereed journals, scholarly monographs, or books.

MSI supports research with the potential for application by managers as well as more basic or exploratory work. No one approach or methodology is favored over another as long as the form is appropriate to the objectives of the research. Studies may be conceptual or empirical and may involve literature reviews, comparative studies, field or laboratory experiments, model building, or theory development. We encourage cross-disciplinary work building on theories, research results, and methods from disciplines of relevance to marketing. MSI and its member companies strongly endorse using actual consumers, customers, and executives rather than student subjects in research projects.

Central to MSI’s research program is the belief that academics and practitioners can mutually benefit from interacting throughout the process of planning, conducting, and reporting research. Research proposals and reports may undergo review by representatives from corporate sponsors as well as academic experts, and many projects receive business cooperation. When projects are completed, researchers often present their results at MSI meetings, where they can discuss their work with MSI member company executives and other academics.

Eligibility and Types of Support

Academic researchers (faculty members, or doctoral students working collaboratively with faculty advisors) can apply for financial and/or nonfinancial support for research projects. As detailed below, financial support is given in the form of standard grants or competition prizes and awards. Nonfinancial support usually takes the form of access to data, contacts with executives, or access to interview or study sites within firms.

Standard Grants

Most MSI grants are made to cover researchers’ out-of-pocket costs for data collection, respondent fees, research assistants, and similar expenses. Generally, these grants are in the $5,000 to $20,000 range. Regardless of the level of support requested, the primary criterion for accepting proposals is quality. Note that MSI does not provide salary replacement for the principal researcher(s), funds for the purchase of equipment or software, university overhead, tuition, or funds for travel to non-MSI conferences.

Requests for larger sums may sometimes be funded, typically with additional financial support from corporations. These larger projects usually involve substantial interaction between the researchers and the sponsoring corporations. The process of raising corporate support may take several months and often involves meeting with potential sponsors. MSI has also, from time to time, cooperated with other associations or institutes to support large-scale projects.

Doctoral Competition

The annual Alden G. Clayton Doctoral Dissertation Proposal Competition for outstanding thesis proposals on any of the priority topics listed in this booklet is open to doctoral candidates in marketing and related fields. Up to five awards are given each year, and winners receive a $5,000 prize. To be eligible, a candidate must be actively working on his or her thesis and be no more than 50 percent finished, as certified by his or her chairperson.

Proposals must be no longer than 20 typed, double-spaced pages, including bibliography and all exhibits, and they are due on July 31 of each year. They are judged on the potential contribution of the research, its relevance to managerial concerns, the importance of the topic both to academics and practitioners, the quality of the conceptual development, the appropriateness of the methodology, the overall feasibility of the research, the originality of the proposed research, and the “fit” of the research with MSI’s priority topics. Those interested in entering this competition should visit our website for more information.

Special Topic Competitions

MSI occasionally sponsors special competitions on selected priority topics. Competition announcements specify eligibility and submission procedures. Academic researchers not currently on the MSI mailing list should contact MSI to ensure they receive notification of future competitions.

Nonfinancial Support

In addition to financial support, MSI can on occasion provide useful nonfinancial support to participating researchers. Examples include: (1) access to data, (2) advice and ideas from member company managers, and (3) in exceptionally strong cases, assistance in arranging for interview or study sites inside major corporations. The exact nature of this support varies widely from project to project and requires that the research provides clear benefits to member companies.

Research Proposals

Submitting Proposals

MSI accepts both proposals and pre-proposals. If there is any question about whether a project fits the MSI priorities, or about the researchability of the topic, a pre-proposal should be the first step in applying for MSI support. In such cases, researchers are also encouraged to contact MSI’s Research Director for clarification. The pre-proposal itself is a letter that outlines the topics to be studied and the researchers’ preliminary research questions and approach. It is intended to elicit MSI’s reaction to the topic and research concept before the researcher invests substantial time in writing a full proposal. Nevertheless, the more complete the thinking in the pre-proposal, the more likely it is to receive encouragement and constructive comments.

There is no required standard format for full proposals, although clarity and brevity are appreciated. Proposals of 8-12 pages are usually the most effective. Proposals should include:

  • A one-page summary
  • A background section giving a brief review of the relevant literature and a statement of why the proposed research is expected to contribute to knowledge and improve business practice
  • A list of research questions, models, or hypotheses describing the issues to be studied, the researchers’ initial insights or beliefs, and what should be learned from the study
  • A description of research design and methodology
  • A timetable, including key research dates and an expected completion date
  • Funding or support needs (Note: MSI ordinarily supports out-of-pocket expenses such as data collection, respondent fees, research assistants, and similar costs.)
  • A statement of expected outcomes or new knowledge, such as a new definition or framework, a new methodology, a better understanding of how key variables affect the marketing process, or new information to assist managers in making better marketing decisions
  • Vita(e) of the researcher(s)

MSI operates on a monthly review cycle, and proposals may be submitted at any time. Please send proposals via e-mail to Ross Rizley, Research Director, Marketing Science Institute (Rizley@msi.org). (E-mail attachments should be in Word or PDF format with all fonts embedded.)

Proposal Selection

Proposals are initially screened by a review committee that meets monthly, composed of the MSI executive director, academic research associates, and professional staff. Proposals that pass this screening are sometimes sent for further review to academics who have a special expertise in the field and to appropriate member company executives. Reviews typically take about four weeks from submission to decision. Researchers may be asked to revise and resubmit proposals.

Proposals are judged in terms of: (1) potential contribution to practice and thought, (2) fit of the proposed topic with MSI priorities, (3) originality and intellectual appeal of the proposed research, (4) quality of conceptual development, (5) appropriateness of the methodology for the research, (6) feasibility of the research, and (7) qualifications of the researchers for the project.

Researchers who seek the cooperation of MSI member companies must submit proposals and go through the same review process as those applying for financial aid. In order to limit the demands on member company executives, only those of exceptional merit are approved.

Expected Output

When a proposal is accepted, MSI prepares a letter of agreement that outlines the responsibilities of both the researchers and MSI. Researchers agree to submit a brief written progress report at the halfway point and a final working paper describing the results of the research cast in managerial terms. Working papers should be submitted to MSI well before submission to refereed journals. Having a working paper distributed by MSI in no way precludes publication in a refereed scholarly journal. Typically, versions of papers appearing in the MSI series are published in journals one to two years later.

At the conclusion of a project, MSI also often arranges for findings to be presented at meetings with other researchers and interested practitioners. In some cases, work may be presented at an earlier stage as well.



MSI Working Paper Series

MSI working papers are distributed to a diverse audience of practitioners and academics.

MSI considers papers for inclusion in the working paper series, even if the research was not originally supported by MSI, if it deals with a priority subject, represents a significant advance over the existing literature, and has not been widely disseminated elsewhere. Authors are expected to stress the managerial significance of their findings. See MSI Working Paper Guidelines for more information.

All submissions are evaluated by the review committee consisting of the MSI executive director, academic research associates, and professional staff. Reviews typically take about four weeks. Papers that pass the screening may be sent for further review to selected academics and practitioners. Accepted papers are edited at MSI, and are subject to MSI’s Terms and Conditions for Working Papers, specified in the MSI Working Paper Guidelines.

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