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web resources
web resources

... a. Country Screening. Companies usually do a preliminary screening of countries before identifying attractive market opportunities for their product or service. 1). Primary and secondary data can be used. 2). Different criteria will be used to screen countries, depending on the nature of the product ...
Suggestions for a Marketing Plan for Guardian of the
Suggestions for a Marketing Plan for Guardian of the

... Cause related marketing adds value to consumers the same way as corporate social responsibility. Both have become more and more important during the past years. Consumers want to know where their money goes and what their investment stands for and supports. In addition to adding consumer value, caus ...
1) Which of the following best describes one of the toughest
1) Which of the following best describes one of the toughest

... 38) When the elements of the marketing mix are combined effectively, the resulting marketing strategy should A) leverage the company's brand image. B) satisfy the needs of the target market and achieve organizational objectives. C) maximize the company's profits and minimize advertising expenditure ...
the perceived contribution of the practise of strategic marketing on
the perceived contribution of the practise of strategic marketing on

Measuring brand sentiment using smileys
Measuring brand sentiment using smileys

... under the sun (such as issues/products/brands) over various platforms such as social media, bulletin boards, blogs and product reviews. The reactions (in the form of like/dislike/comment/share) to things they see over the internet is unconsciously guided by the associative network residing in their ...
Adaptation of Products in International Markets
Adaptation of Products in International Markets

... its sake of technology transfer, even softening its own regime. In addition, developing countries can market simple industrial products based on simple technology, which is an important market volume that this country has already forgotten, forgotten or does not give importance to. For example, as T ...
Marketing Metrics: The Manager`s Guide to
Marketing Metrics: The Manager`s Guide to

... skills needed to manage productivity. Right-brain thinkers may devise creative campaigns to drive sales but show little interest in the wider financial impact of their work. Frequently, they resist being held accountable even for top-line performance, asserting that factors beyond their control—incl ...
Maximize Your Drug Delivery Opportunities with OTC/Consumer
Maximize Your Drug Delivery Opportunities with OTC/Consumer

Effective marketing strategies for a recession
Effective marketing strategies for a recession

... A key strength of marketing in a corporation is that it can generate symptomatic information (Samli, 1993 p50). That is, the marketing department is capable of diagnosing a corporate problem long before the financial statements document the state of health of the company, at which point it could be ...
Promotion
Promotion

... commercials) ...
Atomic Dog Publishing, Inc.
Atomic Dog Publishing, Inc.

... people, places, and ideas among their publics. It may be nonpersonal, personal, paid or non-paid, and sponsor controlled or not controlled. Publicity is the form of public relations that entails nonpersonal communication passed on via various media but not paid for by an identified sponsor. Copyrigh ...
Ambush Marketing Legislation to Protect Olympic Sponsors
Ambush Marketing Legislation to Protect Olympic Sponsors

... Olympics, it has also made them valued commodities for corporations wishing to gain benefits through association. For example, the financial contribution of worldwide Olympic sponsors (TOP sponsors) and domestic sponsors for the 2010 Vancouver Olympic Winter Games reached nearly US $1 billion or 60% ...
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elc200day13

... Pricing  Integral part of marketing strategy ...
CHAPTER 1
CHAPTER 1

... Clearly, the more loyal the firm’s profitable customers, the higher the firm’s customer equity. Customer equity may be a better measure of a firm’s performance than current sales or market share. Building the Right Relationships with the Right Customers Not all customers, not even all loyal customer ...
Marketing and Promotion in the Hotel Industry: A
Marketing and Promotion in the Hotel Industry: A

... family hotel and hotel group. Tourism and Hospitality International Journal, 2(1), 92-105. ...
FREE Sample Here
FREE Sample Here

The Marketing Process - We can offer most test bank and solution
The Marketing Process - We can offer most test bank and solution

... Clearly, the more loyal the firm’s profitable customers, the higher the firm’s customer equity. Customer equity may be a better measure of a firm’s performance than current sales or market share. Building the Right Relationships with the Right Customers Not all customers, not even all loyal customer ...
Marketing 12e - Pride and Ferrell
Marketing 12e - Pride and Ferrell

... –Customers’ ability to regulate the information they view and the rate and sequence of their exposure to that information –Hypertext • Highlighted text that permits website visitors to jump from one point to other points on the site or to other sites ...
The role of shockvertising in the context of various generations
The role of shockvertising in the context of various generations

View/Open
View/Open

... animals to the facility where they are bid upon by various types of buyers (primarily order buyers), with the highest bidder purchasing the cattle. The conventional auction is a useful marketing option for most types of beef animals: weaned calves, backgrounded animals, and cull bulls, cows, and hei ...
True Value: delivering genuine value to customers.
True Value: delivering genuine value to customers.

... The transition to the Adobe solution went swiftly and smoothly. Marketers can now execute campaigns independently, resulting in faster, more agile campaign management. True Value started by running multiple email campaigns through Campaign, including using inbox rendering to help ensure that emails ...
Marketing - Midterm Practice Exam
Marketing - Midterm Practice Exam

... 37. Baby boomers are an important target market because they: A. include most of the important business leaders in the United States. B. represent a small proportion of the population, but have large disposable incomes. C. have the longest life expectancies; therefore, they will remain active in the ...
Standardization of marketing mix
Standardization of marketing mix

... various EU countries regarding culture and language still exist, as do differences in customer preferences. This is why even such countries could not be included in a completely standardized marketing mix (Reichel 1989). It follows that many Slovenian firms are also adapting their marketing approach ...
Exit Services Marketing – Enter Service Marketing
Exit Services Marketing – Enter Service Marketing

... that the goods sector is declining, and that the agricultural sector in many countries is vanishing (Communications of the ACM 2006). We allegedly left the agricultural era for the industrial era and have entered the post-industrial era, the information age, the knowledge-based society, or the servi ...
MARKETING-BUYING DECISIONS BY CUSTOMERS
MARKETING-BUYING DECISIONS BY CUSTOMERS

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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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