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Digitization of the Communication and its Implications for Marketing 152 Kare Norvapalo
Digitization of the Communication and its Implications for Marketing 152 Kare Norvapalo

... The digitization of communication has set a challenge for marketing today. Empowered customers are increasingly spending their time online requiring companies to adapt to the new rules of digitization, and meet them through digital channels. However, it seems that many companies are struggling with ...
what is strategy
what is strategy

... Differences in operational effectiveness were at the heart of the Japanese challenge to Western companies in the 1980s. The Japanese were so far ahead of rivals in operational effectiveness that they could offer lower cost and superior quality at the same time. It is worth dwelling on this point, be ...
Fulltext: english, pdf
Fulltext: english, pdf

... • commercial brands (consumer products) - this type is best associated with what most people understand as the brand ( Mercedes, Coca-Cola, Nescafe, McDonalds etc.), • service brands (intangible products, i.e. - services) - less common than commercial brands, service brands are more associated wit ...
1.5 Supply Chain Management in B2B Exercise
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... 4. Each group will be given 5-10 minutes to discuss and write a brief description as to how the type of Business Market selected would use and or buy the product selected. *Note, some combinations may be easily applied, and other combinations will require significant creativity. IF a student group c ...
What is a brand? A Perspective on Brand Meaning
What is a brand? A Perspective on Brand Meaning

... brand as more than the sum of parts. Others (Balmer, 1995; Aaker, 1996) and have also addressed the role of brand identity as a means to develop brand positioning. Developing an identity not only differentiate and protect against competitors, but also enables firm to gain economic advantage (Fomburn ...
10 Things You`re Missing Out on by Using a Personal Email Account
10 Things You`re Missing Out on by Using a Personal Email Account

... Email marketing is the most effective marketing tool available to small businesses today. Consider the following: • 91 percent of U.S. adults like to receive promotional emails from the companies they do business with. (MarketingSherpa, 2015) • 66 percent of consumers have made a purchase based on a ...
Revisiting Cognitive Dissonance Theory:Pre-Decisional
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... various disciplines where cognitive dissonance has been applied include but are not limited to; healthcare (Chimonas et al., 2007), pharmacy (Fisher et al., 2009), education (Carkenord and Bullington, 1993), religion (Burris et al., 1997) nursing, (Clark et al., 2004), and law (Collins, 2008). Notab ...
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... demographic characteristics (Buhalis, 2000). Before visiting, tourists develop an image about destinations as well as a set of expectations based on previous experience, word of mouth, press reports, advertising, and common beliefs (Chon, 1991 and Baloglu & Brinberg, 1997), which differentiate one d ...
Industrial Marketing - Pondicherry University
Industrial Marketing - Pondicherry University

... buyer is to define the needs of a target market and modify the organization’s product or service to satisfy those needs more successfully than its competitors. The marketing concept is applicable and important in both the industrial and consumer markets due to the differences in terms of the nature ...
MM6016 Branding and Marketing Communication 1b – CBBE
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... • Brand equity reflects the customer’s perception either for or against the brand. – A combination of marketing and operating tactics are used to help firms attract customers and create brand equity. – The accumulation of brand equity activities builds brand value. ...
Social Media as a Promotional Tool
Social Media as a Promotional Tool

... of European Internet users watch less television, 28% have reduced their newspaper and magazine reading and 17% have decreased listening to the radio since going online (Palmer and Koenig-Lewis, 2009). Taking into consideration the above facts, we can say that the information revolution (Internet, m ...
Loyalty - Spears School of Business
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... Relatedly, brand associations may have formed due to meaningful prior experiences with a brand, such as sharing a certain snack food with a childhood friend or family member, or consuming the brand with loved ones as part of a holiday or special family event (Keller 1993; Merchant and Ford 2008). In ...
Tactical. Practical. Strategic.
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... – #1 Best Place to Work – BBJ 2009, 2010 – Raised $32M from Google Ventures in March ...
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... Keywords: Product placement, types and forms of product placement, products category, Czech Republic. __________________________________________________________________________________________________________________ Introduction Marketing communication represents all relevant communication with the ...
segments
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... – Using the Web to communicate with potential customers offers many of the advantages of personal contact selling and many of the cost saving mass media ...
Mnm3036 - Exam Summary
Mnm3036 - Exam Summary

... introduction, growth, maturity and decline. E.g. VHS video machines The classic PLC – this pattern shows a rapid rise in sales, which reach a peak and then a plateau, and eventually stagnate because of a lack of new customers and sales outlets. E.g. Coke The fashion fad PLC – this pattern depicts a ...
IOSR Journal of Business and Management (IOSR-JBM)
IOSR Journal of Business and Management (IOSR-JBM)

... Rapid development of banking industries in Indonesia may indicate the increasing number of people who use banking services. These customers should also increasingly be more critical in choosing a bank, particularly associated with banking services. This situation results in the increasingly fierce c ...
MARKETING / UNIT VI - Virtual Enterprises International
MARKETING / UNIT VI - Virtual Enterprises International

... most
likely
to
buy
one’s
products
and
services.
A
good
target
market
selection
creates
an
optimum
 environment
for
marketing
campaigns
to
be
successful.
However,
most
small
and
mid‐size
companies
 give
only
scant
attention
to
the
discipline
of
mining
a
target
market.
In
more
cases
than
not,
highly
 ...
chapter one : introduction
chapter one : introduction

... Marketing is too often confused and identified with advertising or selling techniques, and our practices and theories are all too often invisible to the average consumer. Marketing is everywhere. Formally or informally, people and organisations engage in a vast number of activities that could be cal ...
Advertising and Competition - Darden Faculty
Advertising and Competition - Darden Faculty

... familiarity or reminder effects, and even the psychic value of lifestyles associated with advertised brands. We claim no particular insight into these reasons, but we do find it difficult to believe on the other hand that consumers would be willing to pay more for a product whose sole distinction is ...
price promotion, quality and brand loyalty
price promotion, quality and brand loyalty

... Promotion is one of the key elements of communication in developing a company message to stimulate awareness of, interest in, and purchase of its various products and services (Kotler, 2003). The Marketing Mix, referred to as the "4Ps" (price, promotion, place, and product), involves promotion which ...
影片實例:建立「薪資」、「福利」並重的員工報酬體系 - McGraw
影片實例:建立「薪資」、「福利」並重的員工報酬體系 - McGraw

... Out,” The Plain Dealer, May 12, 2002, p. G1. Calmetta Coleman, “Debit Cards Look to Give Credit Cards a Run for Consumers’ Money,” The Wall Street Journal, Dec. 3, 2001, p. B1. 23. “Americans’ Outlook for the Economy: Neither Best Nor Worst of Times, New Roper ASW Poll Shows,” Nov. 29, 2001, at www. ...
Chapter 4 - SaigonTech
Chapter 4 - SaigonTech

... • Marketing mix – Element combination to achieve goals • Selling and promoting products and services ...
consumer behaviour induced by product nationality: the evolution of
consumer behaviour induced by product nationality: the evolution of

... the 1980s with the conceptualization of consumer ethnocentrism (Shimp and Sharma, 1987). In the years that followed, researchers focused also on the role of other consumer ideologiespatriotism, nationalism, animosity, consumer racism, and so on-in determining consumer behaviour. It is our view that ...
Marketing that Puts You Everywhere You Need to Be
Marketing that Puts You Everywhere You Need to Be

... Your Prospects and Customers are using Social Media – On their Computers AND on their Mobile Phones If You’re Business is Not in the Mix, Communication is Basically Taking Place Without You! ...
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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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