|
|
|
|
|
|
|
|
2004-2006 Research
Priorities |
Printer friendly
Email a friend
|
 |
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:
- mail and e-mail surveys of MSI member firms and academic
trustees;
- discussions at MSI’s May 2004 Research Generation Workshop in
Atlanta, Georgia;
- discussions at the April 2004 MSI Trustees Meeting in
Cambridge, Massachusetts;
- grouping of the research topics;
- 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.
|
|