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this PDF file - Management Dynamics in the Knowledge
this PDF file - Management Dynamics in the Knowledge

8.7 The Economics of Customer Retention
8.7 The Economics of Customer Retention

... or years to generate a positive ROI it is important to get a long-term commitment from all key stakeholders. Think ahead. Loyalty marketing is a long-term strategy that should align with your strategic business goals. Don’t think of your loyalty or retention program as a promotion. Promotions are sh ...
February 2011 - Direct Marketing
February 2011 - Direct Marketing

NEW COKE : A “CLASSIC” MARKETING RESEARCH BLUNDER
NEW COKE : A “CLASSIC” MARKETING RESEARCH BLUNDER

Chapter
Chapter

... interactive marketing Online marketing, enabled by the Internet, in which advertisers can interact directly with customers and consumers can interact with advertisers/vendors – Two major business models for advertising online: • Using the Web as a channel to advertise a firm’s own products and servi ...
The Impact of Technology on Correctional Industries Sales and
The Impact of Technology on Correctional Industries Sales and

... There is no substitute for the sales rep’s personal relationship with the buyer, especially when the stakes are high Today’s rep must be a smooth writer as well as a talker – but don’t hide behind email When it comes to building rapport and trust, chat is better than email, phone is better than chat ...
BI in FMCG Industry - Raj Basu
BI in FMCG Industry - Raj Basu

... – In 2003, 33,700 new FMCG items in the US marketplace alone – up from about 32,000 in each of the previous two years. ...
Advertising
Advertising

... Crucial for launch or announcement Helps in increasing sales Builds brands image Generates employment Use persuasion for results Target oriented ...
An investigation into the relationship between customer experience
An investigation into the relationship between customer experience

... 1991; Zeithaml et al., 1993). Because of the experiential nature of services, word-of-mouth communications are viewed as more reliable and trustworthy. Grönroos (1990b) described WOM as “WOM communications is the message about an organisation, its credibility and trustworthiness, its way of operatin ...
The Ogilvy Approach
The Ogilvy Approach

... long-lasting and part of our culture  “The glacier-like power of friendly familiarity.” ...
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4.01

... technological advancements often help companies become more productive and cost efficient, it does necessarily mean that the businesses have additional funds to spend on promotional activities. Although computer advancements have helped accelerate the time to develop promotional campaigns, it does n ...
Slide 1
Slide 1

... • Marketing and branding play a key role in the ongoing power struggle between manufacturers and their retailers. • Retailers have power in the marketplace deriving from the fact that they are closer to the customer. • To assert more power in distribution channels, U.S. manufacturers began branding ...
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Document

... Printed Materials —5-10 seconds to make an impression Print Ad — 5% of buying decisions are made at the headline E-Mail — 1-2 seconds to look at the subject line. Web site — 10-15 seconds on the opening page Sales Presentation — the sale is made or lost in the first 5 minutes ...
Four Roles of Advertising
Four Roles of Advertising

... professionals free of charge and the media often donate the necessary space and time. ...
The Variety of Assortment: Can you choose to have choices?
The Variety of Assortment: Can you choose to have choices?

... •  During analytic processing, organized displays are perceived as having more variety; during holistic processing, random displays are perceived as more varied •  People are more satisfied with and more likely to shop at stores that are perceived as having high variety and being organized •  Item s ...
market research for new product development
market research for new product development

... Stage 8: Commercialization If the test marketing stage has been successful then the product is ready for launch. Some factors need to be taken into consideration before a product is launched. These factors include timing, how the product will be launched, where the product will be launched, will the ...
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PDF

... broadly applied, although still focused on food and agriculture. These changes ushered in the development of a new array of courses, many of which have continued to be altered and expanded. In some departments, the number of marketing course offerings has expanded simply by faculty offering what the ...
PDF Presentation - Produce Marketing Association
PDF Presentation - Produce Marketing Association

6.The Marketing Mix
6.The Marketing Mix

... Most firms sell more than one product or product line at one time. Each will have its own life cycle, different in duration, each starting at a different time. Not all of them will be of equal importance. This collection of products is known as the product portfolio. Ideally, firms should aim to arr ...
market segmentation in the united arab emirates: an
market segmentation in the united arab emirates: an

... implementation of CRM software in the Arab Gulf region, one would expect a greater utilization of consumer data banks. Purchase frequency and patronization behavior could then be combined with other segmentation criteria such as ethnicity and gender to identify relevant consumer typologies. In busin ...
Social Marketing: Cyberactivism as an Emerging Social Marketing Paradigm for Public Policy, Awareness and Support:
Social Marketing: Cyberactivism as an Emerging Social Marketing Paradigm for Public Policy, Awareness and Support:

... moves the emphasis from a territorial to a functional selection of issues (Gregory, 1999; Levi, 1999; Maiocchi, 2000). As such, the issue selection, which has a functional logic in itself, is empowered by the loss of territorial limits. This is supported by Clark and Lapiski (1999) as it was suggest ...
- ARRO - Anglia Ruskin Research Online
- ARRO - Anglia Ruskin Research Online

... publications in highly-rated academic journals, but these journals do not normally publish applied work. Clearly there is an element of truth in this argument, but perhaps there is more to it than this. Suppose, for example, that marketing journals made a concerted effort to require from authors tha ...
Journal of Service Research
Journal of Service Research

... Recent years have witnessed the rise of new media channels such as Facebook, YouTube, Google, and Twitter, which enable customers to take a more active role as market players and reach (and be reached by) almost everyone anywhere and anytime. These new media threaten long established business models ...
Saimaa University of Applied Sciences Business and Culture, Imatra
Saimaa University of Applied Sciences Business and Culture, Imatra

... It is clear that new ways of information distribution affected all spheres of tourism and became an important part of marketing. In relation to my personal interest in hospitality industry this thesis research allows to see how different distribution channels affect hotel industry and what the benef ...
Document
Document

...  Expensive with high campaign cost  Little demographic selectivity with network  Long-term advertiser commitments  Long lead times  Clutter ...
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Marketing mix modeling

Marketing mix modeling (MMM) is a term of art for the use of statistical analysis such as multivariate regressions on sales and marketing time series data to estimate the impact of various marketing tactics (marketing mix) on sales and then forecast the impact of future sets of tactics. It is often used to optimize advertising mix and promotional tactics with respect to sales revenue or profit.The techniques were developed by econometricians and were first applied to consumer packaged goods, since manufacturers of those goods had access to good data on sales and marketing support. The first companies dedicated to the commercial development of MMM were MMA (then Media Marketing Assessment) started in 1990 and the Hudson River Group founded in 1989. Other early pioneer-users of econometric modeling were the ATG group at the advertising agency JWT in the 1990s and later incorporated into MindShare ATG, BrandScience at Omnicom, and the specialist modeling agency OHAL since the late 1980s. These agencies took MMM from being a little-used and academic discipline to being a widespread and common marketing tool. Improved availability of data, massively greater computing power, and the pressure to measure and optimize marketing spend has driven the explosion in popularity as a marketing tool. In the recent times MMM has found acceptance as a trustworthy marketing tool among the major consumer marketing companies. Often in the digital media context, MMM is referred to as attribution modeling.
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