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Marketing Question

Blogs > Talent.L
Post a Reply
Talent.L
Profile Blog Joined July 2010
119 Posts
March 23 2011 22:54 GMT
#1
Hey everyone:

So today I received an email from a potential employer, who, after seeing my resume, decides to ask me a marketing question to test my creativity, as follows:

"Assume you have access to any data from any online website or platform, describe how you would forecast the top 3 selling cars in Canada this summer without the use of surveys." Feel free to describe any technique or processes you would use or what would be the ideal data.

IMO, given the recent environmental crisis around the world (U.S oil spill, Earthquake in Japan and its consequent nuclear meltdown) and the rising oil prices, I would predict that people would start buying environmentally-friendly cars that are efficient.

That was just a quick 5-minute brainstorming I did during my break between classes. What do you guys think? I think my response above does however lack some creativity; maybe I should consider more factors as well as the actual process of data-collecting. What would be the ideal sample of data?

Can you guys give me some tips or suggestions on this? Meanwhile I'm gonna look for other creative ways to answer this.

Cheers!


*
Impervious
Profile Blog Joined March 2009
Canada4198 Posts
March 23 2011 22:59 GMT
#2
That's an obvious answer. If they're testing your creativity, you need to be creative..... Think of some factors that others won't think of.
~ \(ˌ)im-ˈpər-vē-əs\ : not capable of being damaged or harmed.
divito
Profile Blog Joined January 2011
Canada1213 Posts
Last Edited: 2011-03-23 23:22:49
March 23 2011 23:02 GMT
#3
That's a fairly vague question.

As much as you can cast a broad stroke around eco-friendly/efficient cars, you also have to look at past results, and the market. Demographics play a huge role as well.

You have Google results, Facebook/social media....I'd ask for clarification first. Wholly inefficient question or gauge of anything without specificity.
Skype: divito7
FODDER~
Profile Blog Joined September 2010
United States109 Posts
March 23 2011 23:03 GMT
#4
Best of luck to you with the job! Hopefully you'll get it.

But yeah I'd be inclined to agree not just due to the crisis in Japan and Libya but also because oil is becoming more and more scarce in general. It's basically an hourglass the oil tycoons are putting off til' the last grain and by then it's going to be a little bit too late It's getting really close to that time for consumers and manufacturers to start worrying about widespread adoption of electrical cars or some other means of alternative power for vehicles in a widespread respect. The oil and world's patience is running out.
I think you are on the right track though, best of wishes with the employers!
I am a Diamond league Protoss player in need of any form of help that can be given. If you believe you can help please contact me. I really want to improve more than anything and just need a form of guidance and small push in the truely right direction.
Stenstyren
Profile Blog Joined April 2010
Sweden619 Posts
March 23 2011 23:15 GMT
#5
Any data at all?

You'll want to look at Google searches and YouTube searches. You have an amount of data that most marketing people can only dream of. Look at recent trends in, well, everything.

The example you came up with does not use the information at all. Perhaps you could check the databases of a car magazine and pull the top 3 most read reviews.
zappa372
Profile Blog Joined June 2010
Chile365 Posts
March 23 2011 23:26 GMT
#6
Wow, good one. Hope you get the job.

But, the condition of having access to any website or plattaform it's nearly ridiculous and simplifies too much your task.
That condition would allow you to ask without explicitly ask (as in a survey) for your customers preferences, just doing a meta-analysis of that data.

My answer would be that you can't be JUST creative, part of the endeavor of make people buy your stuff is knowing what flaws on your predictions could exist. I think that you should narrow your population and look at their characteristics. You need to first know WHO is going to buy a car, and the relate their characteristics to the car they probably want.
But thats one side of the problem. We know we're not rational, so there's many tricks one seller could do to makes us buy cars. I recomend you to read about behavioral economics instead of consumer psychology.

gL
EE HAN TIMING!
The_LiNk
Profile Blog Joined July 2010
Canada863 Posts
March 23 2011 23:33 GMT
#7
Do you only look at the consumer? If not, I suggest you look at how all these events affect the manufacturer/distributors and how that would affect the market. You can't buy eco-cars if they're not being sold. When you mentioned the Japan Earthquake, the first thing that came to mind is that Japanese car manufacturers have closed their plants in Japan. At least in Canada, eco-cars are associated with Japanese cars usually so consumers in Canada won't be jumping to buy eco-cars anytime soon unless our views on American cars changes.
marblebee
Profile Joined November 2023
2 Posts
November 28 2023 17:47 GMT
#8
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Eleanorreo
Profile Joined May 2024
1 Post
Last Edited: 2024-06-02 09:44:43
May 31 2024 13:25 GMT
#9
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henrywagner
Profile Joined March 2025
United States1 Post
March 31 2025 11:36 GMT
#10
How can businesses effectively use social media to build brand loyalty?

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#11
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