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Your LOS Could Be Your Next Marketing Tool
Your LOS Could Be Your Next Marketing Tool

... go, they don’t need to go to waste. Many LOSs allow you to print mailing labels. You just need to select the contacts you wish to merge from your contact database and then print the labels to mail the appropriate material for each group you select. Marketing your business is necessary, but it does n ...
Lost In Translation: Are We Talking about the Same Thing
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... observes that event organisers tend to label rival’s brand competition behaviours as ambush marketing. Meenaghan (1996) pointed out that many of the activities previously labelled ambush marketing or competitive advertising during and around sponsored events, are now seen as legitimate activities. T ...
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... worried that it may trigger a violation of the Sarbanes/Oxley act because accounting books need to be adjusted after they have been initially certified. While the retail industry is acutely aware of this situation, there is no academic research on these institutional accounting, auditing, and legal ...
The Marketing Audit Comes Of Age
The Marketing Audit Comes Of Age

... As for whether the marketing audit has reached a high degree of methodological sophistication, the answer is generally no. Whereas two certified public accountants will handle an audit assignment using approximately the same methodology, two marketing auditors are likely to bring different concepti ...
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... history of mankind and in many areas it exceeded the level of cooperation between territorial communities and some free federations. European Union gives the current configuration of European countries, modern and sustained nature. By the emergence and gradual enlargement of the EU is formed the com ...
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... promotional mix of the international marketers. However, as in domestic marketing, promotional programs for foreign markets will generally include other elements such as personal selling, sales promotion and public relations. The role of these other promotional mix elements will vary depending on th ...
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< 1 ... 210 211 212 213 214 215 216 217 218 ... 677 >

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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